ADYTON: 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.
ADYTON
Largest movements
- Tangible fixed assets -€38,183
down €38,183 (-5.5%), from €696,288 to €658,106
- Cash +€21,532
up €21,532 (+291.3%), from €7,392 to €28,924
mainly Depreciation (+€38,183) and Other debts (+€8,872)
- Debts after one year -€39,020
down €39,020 (-3.6%), from €1.1m to €1.0m
of which Financial debts: -€32,020
- Gross operating margin +€26,930
up €26,930 (+74.8%), from €35,995 to €62,925
- Depreciation +€14,781
up €14,781 (+63.2%), from €23,402 to €38,183
- Other operating charges -€1,009
down €1,009 (-19.9%), from €5,058 to €4,049
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 | €1,115,694 | €1,099,264 | -€16,430 | -1.5% |
| Fixed assets | 21/28 | €1,106,288 | €1,068,106 | -€38,183 | -3.5% |
| Tangible fixed assets | 22/27 | €696,288 | €658,106 | -€38,183 | -5.5% |
| Land and buildings | 22 | €696,288 | €658,106 | -€38,183 | -5.5% |
| Financial fixed assets | 28 | €410,000 | €410,000 | = | 0.0% |
| Current assets | 29/58 | €9,406 | €31,159 | +€21,753 | +231.3% |
| Amounts receivable within one year | 40/41 | €216 | €448 | +€232 | +107.4% |
| Other amounts receivable | 41 | €216 | €448 | +€232 | +107.4% |
| Cash at bank and in hand | 54/58 | €7,392 | €28,924 | +€21,532 | +291.3% |
| Deferred charges and accrued income | 490/1 | €1,797 | €1,786 | -€11 | -0.6% |
| Total equity and liabilities | 10/49 | €1,115,694 | €1,099,264 | -€16,430 | -1.5% |
| Equity | 10/15 | -€16,260 | -€8,880 | +€7,380 | +45.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,260 | -€28,880 | +€7,380 | +20.4% |
| Amounts payable | 17/49 | €1,131,954 | €1,108,144 | -€23,810 | -2.1% |
| Amounts payable after more than one year | 17 | €1,089,004 | €1,049,984 | -€39,020 | -3.6% |
| Financial debts | 170/4 | €469,299 | €437,279 | -€32,020 | -6.8% |
| Other amounts payable | 178/9 | €619,705 | €612,705 | -€7,000 | -1.1% |
| Amounts payable within one year | 42/48 | €42,950 | €58,160 | +€15,210 | +35.4% |
| Current portion of amounts payable after more than one year | 42 | €31,454 | €32,020 | +€566 | +1.8% |
| Trade debts | 44 | €1,824 | €4,519 | +€2,695 | +147.8% |
| Suppliers | 440/4 | €1,824 | €4,519 | +€2,695 | +147.8% |
| Taxes, remuneration and social security | 45 | €270 | €3,348 | +€3,078 | +1140.1% |
| Taxes | 450/3 | €270 | €348 | +€78 | +28.7% |
| Remuneration and social security | 454/9 | - | €3,000 | +€3,000 | |
| Other amounts payable | 47/48 | €9,402 | €18,274 | +€8,872 | +94.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,402 | €38,183 | +€14,781 | +63.2% |
| Other operating charges | 640/8 | €5,058 | €4,049 | -€1,009 | -19.9% |
| Gross operating margin | 9900 | €35,995 | €62,925 | +€26,930 | +74.8% |
| Operating profit (loss) | 9901 | €7,535 | €20,693 | +€13,158 | +174.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €12,692 | €12,966 | +€273 | +2.2% |
| Recurring financial charges | 65 | €12,692 | €12,966 | +€273 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,157 | €7,728 | +€12,885 | |
| Income taxes | 67/77 | €270 | €348 | +€78 | +28.7% |
| Profit (loss) for the period | 9904 | -€5,427 | €7,380 | +€12,808 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,427 | €7,380 | +€12,808 |
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 2 October 2026 via checked.be.