APADANAH: 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.
APADANAH
Largest movements
- Tangible fixed assets +€20,482
new in 2025: €20,482
- Financial fixed assets +€14,000
new in 2025: €14,000
- Cash +€4,961
up €4,961 (+126.4%), from €3,924 to €8,885
mainly Other debts (+€46,756) and Tax, wage and social debts (+€8,081)
- Receivables within one year +€2,560
up €2,560 (+394.3%), from €649 to €3,209
of which Trade receivables: +€1,392
- Stocks and contracts +€599
up €599 (+7.1%), from €8,420 to €9,019
- Other debts +€46,756
up €46,756 (+261.3%), from €17,892 to €64,648
- Profit (loss) carried forward -€13,526
down €13,526 (-244.1%), from -€5,541 to -€19,067
- Tax, wage and social debts +€8,081
up €8,081 (+9183.1%), from €88 to €8,169
of which Remuneration and social security: +€7,678
- Trade debts +€1,290
up €1,290 (+232.5%), from €555 to €1,845
- Staff costs +€22,688
new in 2025: €22,688
- Gross operating margin +€21,869
up €21,869, from -€8,845 to €13,024
- Depreciation +€2,435
new in 2025: €2,435
- Other operating charges +€564
new in 2025: €564
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 | €12,993 | €55,595 | +€42,602 | +327.9% |
| Fixed assets | 21/28 | - | €34,482 | +€34,482 | |
| Tangible fixed assets | 22/27 | - | €20,482 | +€20,482 | |
| Furniture and vehicles | 24 | - | €20,482 | +€20,482 | |
| Financial fixed assets | 28 | - | €14,000 | +€14,000 | |
| Current assets | 29/58 | €12,993 | €21,112 | +€8,119 | +62.5% |
| Stocks and contracts in progress | 3 | €8,420 | €9,019 | +€599 | +7.1% |
| Stocks | 30/36 | €8,420 | €9,019 | +€599 | +7.1% |
| Amounts receivable within one year | 40/41 | €649 | €3,209 | +€2,560 | +394.3% |
| Trade receivables | 40 | €649 | €2,042 | +€1,392 | +214.4% |
| Other amounts receivable | 41 | - | €1,168 | +€1,168 | |
| Cash at bank and in hand | 54/58 | €3,924 | €8,885 | +€4,961 | +126.4% |
| Total equity and liabilities | 10/49 | €12,993 | €55,595 | +€42,602 | +327.9% |
| Equity | 10/15 | -€5,541 | -€19,067 | -€13,526 | -244.1% |
| Profit (loss) carried forward | 14 | -€5,541 | -€19,067 | -€13,526 | -244.1% |
| Amounts payable | 17/49 | €18,535 | €74,662 | +€56,128 | +302.8% |
| Amounts payable within one year | 42/48 | €18,535 | €74,662 | +€56,128 | +302.8% |
| Trade debts | 44 | €555 | €1,845 | +€1,290 | +232.5% |
| Suppliers | 440/4 | €555 | €1,845 | +€1,290 | +232.5% |
| Taxes, remuneration and social security | 45 | €88 | €8,169 | +€8,081 | +9183.1% |
| Taxes | 450/3 | €88 | €491 | +€403 | +458.2% |
| Remuneration and social security | 454/9 | - | €7,678 | +€7,678 | |
| Other amounts payable | 47/48 | €17,892 | €64,648 | +€46,756 | +261.3% |
| Remuneration, social security and pensions | 62 | - | €22,688 | +€22,688 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,435 | +€2,435 | |
| Other operating charges | 640/8 | - | €564 | +€564 | |
| Gross operating margin | 9900 | -€8,845 | €13,024 | +€21,869 | |
| Operating profit (loss) | 9901 | -€8,845 | -€12,663 | -€3,818 | -43.2% |
| Financial charges | 65/66B | €925 | €863 | -€63 | -6.8% |
| Recurring financial charges | 65 | €925 | €863 | -€63 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,770 | -€13,526 | -€3,756 | -38.4% |
| Profit (loss) for the period | 9904 | -€9,770 | -€13,526 | -€3,756 | -38.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,770 | -€13,526 | -€3,756 | -38.4% |
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 5 October 2026 via checked.be.