ADYPG: 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.
ADYPG
Largest movements
- Tangible fixed assets -€80,479
down €80,479 (-4.8%), from €1.7m to €1.6m
- Receivables within one year -€72,163
down €72,163 (-2.4%), from €3.0m to €2.9m
- Short-term financial debts -€206,030
down €206,030 (-25.7%), from €801,192 to €595,162
- Debts after one year -€148,427
down €148,427 (-6.3%), from €2.4m to €2.2m
of which Financial debts: -€148,427
- Other debts +€127,439
up €127,439 (+10.1%), from €1.3m to €1.4m
- Reserves +€71,164
up €71,164 (+68.6%), from €103,717 to €174,881
- Current portion of long-term debt -€67,138
down €67,138 (-49.4%), from €135,797 to €68,659
- Gross operating margin -€27,440
down €27,440 (-8.7%), from €315,241 to €287,801
- Taxes +€23,874
up €23,874 (+148%), from €16,110 to €39,984
- Financial charges -€12,911
down €12,911 (-11.5%), from €112,707 to €99,796
- Financial income +€5,278
new in 2025: €5,278
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.
Derived cash bridge
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 | €4,800,144 | €4,657,795 | -€142,349 | -3.0% |
| Fixed assets | 21/28 | €1,668,210 | €1,587,730 | -€80,479 | -4.8% |
| Tangible fixed assets | 22/27 | €1,660,698 | €1,580,219 | -€80,479 | -4.8% |
| Land and buildings | 22 | €1,660,698 | €1,580,219 | -€80,479 | -4.8% |
| Financial fixed assets | 28 | €7,512 | €7,512 | = | 0.0% |
| Current assets | 29/58 | €3,131,935 | €3,070,065 | -€61,870 | -2.0% |
| Amounts receivable within one year | 40/41 | €2,976,879 | €2,904,716 | -€72,163 | -2.4% |
| Other amounts receivable | 41 | €2,976,879 | €2,904,716 | -€72,163 | -2.4% |
| Current investments | 50/53 | €99,119 | €99,119 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €55,936 | €66,172 | +€10,235 | +18.3% |
| Deferred charges and accrued income | 490/1 | - | €58 | +€58 | |
| Total equity and liabilities | 10/49 | €4,800,144 | €4,657,795 | -€142,349 | -3.0% |
| Equity | 10/15 | €143,717 | €214,881 | +€71,164 | +49.5% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €103,717 | €174,881 | +€71,164 | +68.6% |
| Distributable reserves | 133 | €103,717 | €174,881 | +€71,164 | +68.6% |
| Amounts payable | 17/49 | €4,656,427 | €4,442,914 | -€213,514 | -4.6% |
| Amounts payable after more than one year | 17 | €2,370,747 | €2,222,320 | -€148,427 | -6.3% |
| Financial debts | 170/4 | €1,962,467 | €1,814,040 | -€148,427 | -7.6% |
| Other amounts payable | 178/9 | €408,280 | €408,280 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,226,698 | €2,113,075 | -€113,623 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €135,797 | €68,659 | -€67,138 | -49.4% |
| Financial debts | 43 | €801,192 | €595,162 | -€206,030 | -25.7% |
| Credit institutions | 430/8 | €801,192 | €595,162 | -€206,030 | -25.7% |
| Trade debts | 44 | €1,183 | €1,224 | +€41 | +3.5% |
| Suppliers | 440/4 | €1,183 | €1,224 | +€41 | +3.5% |
| Taxes, remuneration and social security | 45 | €31,277 | €63,342 | +€32,065 | +103% |
| Taxes | 450/3 | €27,969 | €56,726 | +€28,757 | +103% |
| Remuneration and social security | 454/9 | €3,308 | €6,616 | +€3,308 | +100% |
| Other amounts payable | 47/48 | €1,257,250 | €1,384,688 | +€127,439 | +10.1% |
| Accrued charges and deferred income | 492/3 | €58,982 | €107,518 | +€48,536 | +82.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,570 | €80,479 | -€3,091 | -3.7% |
| Other operating charges | 640/8 | €1,045 | €1,655 | +€610 | +58.3% |
| Gross operating margin | 9900 | €315,241 | €287,801 | -€27,440 | -8.7% |
| Operating profit (loss) | 9901 | €230,625 | €205,666 | -€24,959 | -10.8% |
| Financial income | 75/76B | - | €5,278 | +€5,278 | |
| Recurring financial income | 75 | - | €5,278 | +€5,278 | |
| Financial charges | 65/66B | €112,707 | €99,796 | -€12,911 | -11.5% |
| Recurring financial charges | 65 | €112,707 | €99,796 | -€12,911 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €117,918 | €111,148 | -€6,770 | -5.7% |
| Income taxes | 67/77 | €16,110 | €39,984 | +€23,874 | +148% |
| Profit (loss) for the period | 9904 | €101,808 | €71,164 | -€30,644 | -30.1% |
| Profit (loss) for the period to be appropriated | 9905 | €101,808 | €71,164 | -€30,644 | -30.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.