Adventure4Bio: 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.
Adventure4Bio
Largest movements
- Receivables within one year +€62,123
up €62,123 (+92.4%), from €67,259 to €129,382
of which Trade receivables: +€62,123
- Stocks and contracts +€20,274
up €20,274 (+34.0%), from €59,684 to €79,958
- Tangible fixed assets -€9,990
down €9,990 (-42.5%), from €23,495 to €13,505
of which Furniture and vehicles: -€7,448
- Deferred charges and accrued income -€8,119
down €8,119 (-99.3%), from €8,178 to €59
- Intangible fixed assets -€5,000
down €5,000 (-13.6%), from €36,770 to €31,770
- Profit (loss) carried forward +€71,788
up €71,788 (+43.8%), from -€163,736 to -€91,948
- Debts after one year -€51,516
down €51,516 (-47.8%), from €107,759 to €56,243
- Trade debts +€50,950
up €50,950 (+46.5%), from €109,557 to €160,507
- Other debts -€15,375
down €15,375 (-20.5%), from €74,864 to €59,489
- Gross operating margin +€35,776
up €35,776 (+56.2%), from €63,713 to €99,489
- Financial charges -€3,480
down €3,480 (-40.8%), from €8,522 to €5,042
- Other operating charges +€2,968
up €2,968 (+1231.5%), from €241 to €3,209
- Depreciation -€2,010
down €2,010 (-11.8%), from €17,000 to €14,990
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 | €215,334 | €273,448 | +€58,114 | +27.0% |
| Fixed assets | 21/28 | €67,313 | €52,323 | -€14,990 | -22.3% |
| Intangible fixed assets | 21 | €36,770 | €31,770 | -€5,000 | -13.6% |
| Tangible fixed assets | 22/27 | €23,495 | €13,505 | -€9,990 | -42.5% |
| Plant, machinery and equipment | 23 | €5,670 | €3,129 | -€2,542 | -44.8% |
| Furniture and vehicles | 24 | €17,824 | €10,376 | -€7,448 | -41.8% |
| Financial fixed assets | 28 | €7,049 | €7,049 | = | 0.0% |
| Current assets | 29/58 | €148,021 | €221,125 | +€73,104 | +49.4% |
| Stocks and contracts in progress | 3 | €59,684 | €79,958 | +€20,274 | +34.0% |
| Stocks | 30/36 | €59,684 | €79,958 | +€20,274 | +34.0% |
| Amounts receivable within one year | 40/41 | €67,259 | €129,382 | +€62,123 | +92.4% |
| Trade receivables | 40 | €67,230 | €129,353 | +€62,123 | +92.4% |
| Other amounts receivable | 41 | €29 | €29 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €12,900 | €11,725 | -€1,175 | -9.1% |
| Deferred charges and accrued income | 490/1 | €8,178 | €59 | -€8,119 | -99.3% |
| Total equity and liabilities | 10/49 | €215,334 | €273,448 | +€58,114 | +27.0% |
| Equity | 10/15 | -€133,736 | -€61,948 | +€71,788 | +53.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€163,736 | -€91,948 | +€71,788 | +43.8% |
| Amounts payable | 17/49 | €349,070 | €335,396 | -€13,674 | -3.9% |
| Amounts payable after more than one year | 17 | €107,759 | €56,243 | -€51,516 | -47.8% |
| Financial debts | 170/4 | €107,759 | €56,243 | -€51,516 | -47.8% |
| Amounts payable within one year | 42/48 | €240,179 | €278,610 | +€38,431 | +16.0% |
| Current portion of amounts payable after more than one year | 42 | €47,487 | €49,078 | +€1,591 | +3.4% |
| Trade debts | 44 | €109,557 | €160,507 | +€50,950 | +46.5% |
| Suppliers | 440/4 | €109,557 | €160,507 | +€50,950 | +46.5% |
| Taxes, remuneration and social security | 45 | €8,271 | €9,535 | +€1,265 | +15.3% |
| Taxes | 450/3 | €5,258 | €9,535 | +€4,277 | +81.3% |
| Remuneration and social security | 454/9 | €3,013 | €0 | -€3,013 | -100.0% |
| Other amounts payable | 47/48 | €74,864 | €59,489 | -€15,375 | -20.5% |
| Accrued charges and deferred income | 492/3 | €1,132 | €543 | -€589 | -52.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,000 | €14,990 | -€2,010 | -11.8% |
| Other operating charges | 640/8 | €241 | €3,209 | +€2,968 | +1231.5% |
| Non-recurring operating charges | 66A | €1,984 | €4,500 | +€2,516 | +126.9% |
| Gross operating margin | 9900 | €63,713 | €99,489 | +€35,776 | +56.2% |
| Operating profit (loss) | 9901 | €44,489 | €76,790 | +€32,302 | +72.6% |
| Financial income | 75/76B | €209 | €181 | -€27 | -13.1% |
| Recurring financial income | 75 | €209 | €181 | -€27 | -13.1% |
| Financial charges | 65/66B | €8,522 | €5,042 | -€3,480 | -40.8% |
| Recurring financial charges | 65 | €8,522 | €5,042 | -€3,480 | -40.8% |
| Profit (loss) for the period before taxes | 9903 | €36,176 | €71,929 | +€35,754 | +98.8% |
| Income taxes | 67/77 | - | €141 | +€141 | |
| Profit (loss) for the period | 9904 | €36,176 | €71,788 | +€35,613 | +98.4% |
| Profit (loss) for the period to be appropriated | 9905 | €36,176 | €71,788 | +€35,613 | +98.4% |
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 12 October 2026 via checked.be.