Adventure Experience: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Adventure Experience
Largest movements
- Tangible fixed assets -€76,858
down €76,858 (-71.6%), from €107,401 to €30,543
of which Furniture and vehicles: -€50,586
- Receivables within one year -€17,739
down €17,739 (-39.8%), from €44,567 to €26,828
of which Trade receivables: -€16,007
- Cash +€4,880
up €4,880 (+17.8%), from €27,372 to €32,252
mainly Depreciation (+€44,404) and Investment in fixed assets (net) (+€32,454)
- Profit (loss) carried forward -€63,050
down €63,050 (-9.7%), from -€651,110 to -€714,160
- Advances received -€16,680
no longer reported in 2025 (was €16,680)
- Other debts -€8,588
down €8,588 (-1.1%), from €766,656 to €758,068
- Trade debts -€1,881
down €1,881 (-88.1%), from €2,135 to €254
- Gross operating margin +€37,153
up €37,153 (+70.6%), from -€52,624 to -€15,471
- Depreciation -€16,248
down €16,248 (-26.8%), from €60,652 to €44,404
- Other operating charges -€1,212
down €1,212 (-26.1%), from €4,649 to €3,437
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €185,811 | €95,611 | -€90,200 | -48.5% |
| Fixed assets | 21/28 | €107,401 | €30,543 | -€76,858 | -71.6% |
| Tangible fixed assets | 22/27 | €107,401 | €30,543 | -€76,858 | -71.6% |
| Land and buildings | 22 | €26,272 | - | -€26,272 | |
| Furniture and vehicles | 24 | €81,129 | €30,543 | -€50,586 | -62.4% |
| Current assets | 29/58 | €78,410 | €65,068 | -€13,342 | -17.0% |
| Amounts receivable within one year | 40/41 | €44,567 | €26,828 | -€17,739 | -39.8% |
| Trade receivables | 40 | €16,007 | - | -€16,007 | |
| Other amounts receivable | 41 | €28,560 | €26,828 | -€1,732 | -6.1% |
| Cash at bank and in hand | 54/58 | €27,372 | €32,252 | +€4,880 | +17.8% |
| Deferred charges and accrued income | 490/1 | €6,471 | €5,988 | -€483 | -7.5% |
| Total equity and liabilities | 10/49 | €185,811 | €95,611 | -€90,200 | -48.5% |
| Equity | 10/15 | -€601,110 | -€664,160 | -€63,050 | -10.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€651,110 | -€714,160 | -€63,050 | -9.7% |
| Amounts payable | 17/49 | €786,921 | €759,771 | -€27,150 | -3.5% |
| Amounts payable within one year | 42/48 | €786,920 | €759,771 | -€27,149 | -3.5% |
| Trade debts | 44 | €2,135 | €254 | -€1,881 | -88.1% |
| Suppliers | 440/4 | €2,135 | €254 | -€1,881 | -88.1% |
| Advances received on contracts in progress | 46 | €16,680 | - | -€16,680 | |
| Taxes, remuneration and social security | 45 | €1,449 | €1,449 | = | 0.0% |
| Taxes | 450/3 | €1,449 | €1,449 | = | 0.0% |
| Other amounts payable | 47/48 | €766,656 | €758,068 | -€8,588 | -1.1% |
| Accrued charges and deferred income | 492/3 | €1 | - | -€1 | |
| Non-recurring operating income | 76A | - | €27,401 | +€27,401 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,652 | €44,404 | -€16,248 | -26.8% |
| Other operating charges | 640/8 | €4,649 | €3,437 | -€1,212 | -26.1% |
| Non-recurring operating charges | 66A | €26,783 | - | -€26,783 | |
| Gross operating margin | 9900 | -€52,624 | -€15,471 | +€37,153 | +70.6% |
| Operating profit (loss) | 9901 | -€144,708 | -€63,312 | +€81,396 | +56.2% |
| Financial income | 75/76B | €980 | €988 | +€8 | +0.8% |
| Recurring financial income | 75 | €980 | €988 | +€8 | +0.8% |
| Financial charges | 65/66B | €1,053 | €726 | -€327 | -31.1% |
| Recurring financial charges | 65 | €1,053 | €726 | -€327 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | -€144,781 | -€63,050 | +€81,731 | +56.5% |
| Profit (loss) for the period | 9904 | -€144,781 | -€63,050 | +€81,731 | +56.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€144,781 | -€63,050 | +€81,731 | +56.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.