ADWIZE: what changed
Two fiscal 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.
ADWIZE
Largest movements
- Cash +€7,010
up €7,010 (+12.2%), from €57,398 to €64,408
mainly Net result for the year (+€69,058) and Other debts (+€24,708)
- Tangible fixed assets -€2,022
down €2,022 (-4.6%), from €43,965 to €41,943
of which Furniture and vehicles: -€1,183
- Reserves -€31,351
down €31,351 (-100.0%), from €31,351 to €0
- Other debts +€24,708
up €24,708 (+69.9%), from €35,346 to €60,054
- Tax, wage and social debts +€14,338
up €14,338 (+245.4%), from €5,843 to €20,181
of which Taxes: +€9,338
- Debts after one year -€1,761
down €1,761 (-5.6%), from €31,296 to €29,535
- Gross operating margin +€49,561
up €49,561 (+109.2%), from €45,371 to €94,932
- Taxes +€6,609
up €6,609 (+57.3%), from €11,543 to €18,152
- Other operating charges +€1,052
up €1,052 (+693.7%), from €152 to €1,204
- Depreciation +€1,034
up €1,034 (+52.0%), from €1,988 to €3,022
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 | €110,156 | €115,532 | +€5,377 | +4.9% |
| Fixed assets | 21/28 | €43,965 | €41,943 | -€2,022 | -4.6% |
| Tangible fixed assets | 22/27 | €43,965 | €41,943 | -€2,022 | -4.6% |
| Land and buildings | 22 | €34,915 | €34,028 | -€887 | -2.5% |
| Plant, machinery and equipment | 23 | €4,105 | €4,152 | +€47 | +1.2% |
| Furniture and vehicles | 24 | €4,945 | €3,762 | -€1,183 | -23.9% |
| Current assets | 29/58 | €66,191 | €73,590 | +€7,399 | +11.2% |
| Amounts receivable within one year | 40/41 | €7,220 | €7,600 | +€381 | +5.3% |
| Trade receivables | 40 | €6,837 | €5,422 | -€1,414 | -20.7% |
| Other amounts receivable | 41 | €383 | €2,178 | +€1,795 | +468.2% |
| Cash at bank and in hand | 54/58 | €57,398 | €64,408 | +€7,010 | +12.2% |
| Deferred charges and accrued income | 490/1 | €1,573 | €1,581 | +€8 | +0.5% |
| Total equity and liabilities | 10/49 | €110,156 | €115,532 | +€5,377 | +4.9% |
| Equity | 10/15 | €35,351 | €4,000 | -€31,351 | -88.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €31,351 | €0 | -€31,351 | -100.0% |
| Distributable reserves | 133 | €31,351 | €0 | -€31,351 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €74,805 | €111,532 | +€36,728 | +49.1% |
| Amounts payable after more than one year | 17 | €31,296 | €29,535 | -€1,761 | -5.6% |
| Financial debts | 170/4 | €31,296 | €29,535 | -€1,761 | -5.6% |
| Amounts payable within one year | 42/48 | €43,509 | €81,994 | +€38,485 | +88.5% |
| Current portion of amounts payable after more than one year | 42 | €1,673 | €1,732 | +€59 | +3.5% |
| Trade debts | 44 | €647 | €28 | -€620 | -95.7% |
| Suppliers | 440/4 | €647 | €28 | -€620 | -95.7% |
| Taxes, remuneration and social security | 45 | €5,843 | €20,181 | +€14,338 | +245.4% |
| Taxes | 450/3 | €5,843 | €15,181 | +€9,338 | +159.8% |
| Remuneration and social security | 454/9 | - | €5,000 | +€5,000 | |
| Other amounts payable | 47/48 | €35,346 | €60,054 | +€24,708 | +69.9% |
| Accrued charges and deferred income | 492/3 | - | €3 | +€3 | |
| Non-recurring operating income | 76A | - | €1,048 | +€1,048 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,988 | €3,022 | +€1,034 | +52.0% |
| Other operating charges | 640/8 | €152 | €1,204 | +€1,052 | +693.7% |
| Non-recurring operating charges | 66A | - | €2,544 | +€2,544 | |
| Gross operating margin | 9900 | €45,371 | €94,932 | +€49,561 | +109.2% |
| Operating profit (loss) | 9901 | €43,231 | €88,161 | +€44,930 | +103.9% |
| Financial income | 75/76B | €0 | €3 | +€3 | +30000.0% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +30000.0% |
| Financial charges | 65/66B | €1,237 | €954 | -€283 | -22.9% |
| Recurring financial charges | 65 | €1,237 | €954 | -€283 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | €41,994 | €87,210 | +€45,216 | +107.7% |
| Income taxes | 67/77 | €11,543 | €18,152 | +€6,609 | +57.3% |
| Profit (loss) for the period | 9904 | €30,451 | €69,058 | +€38,607 | +126.8% |
| Profit (loss) for the period to be appropriated | 9905 | €30,451 | €69,058 | +€38,607 | +126.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.