B.ADAM HOLDING: 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.
B.ADAM HOLDING
Largest movements
- Cash +€83,774
up €83,774 (+33.7%), from €248,319 to €332,093
mainly Net result for the year (+€129,265) and Trade debts (+€2)
- Receivables within one year +€33,627
new in 2025: €33,627
- Profit (loss) carried forward +€129,265
up €129,265 (+38.7%), from -€333,953 to -€204,688
- Other debts -€11,865
down €11,865 (-1.2%), from €997,365 to €985,499
- Financial charges -€281,858
down €281,858 (-98.3%), from €286,869 to €5,011
of which Non-recurring financial charges: -€286,841
- Financial income +€139,480
new in 2025: €139,480
of which Financial income: +€139,480
- Gross operating margin -€2,303
down €2,303 (-121%), from -€1,903 to -€4,206
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 | €678,319 | €795,720 | +€117,401 | +17.3% |
| Fixed assets | 21/28 | €430,000 | €430,000 | = | 0.0% |
| Financial fixed assets | 28 | €430,000 | €430,000 | = | 0.0% |
| Current assets | 29/58 | €248,319 | €365,720 | +€117,401 | +47.3% |
| Amounts receivable within one year | 40/41 | - | €33,627 | +€33,627 | |
| Other amounts receivable | 41 | - | €33,627 | +€33,627 | |
| Cash at bank and in hand | 54/58 | €248,319 | €332,093 | +€83,774 | +33.7% |
| Total equity and liabilities | 10/49 | €678,319 | €795,720 | +€117,401 | +17.3% |
| Equity | 10/15 | -€321,553 | -€192,288 | +€129,265 | +40.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€333,953 | -€204,688 | +€129,265 | +38.7% |
| Amounts payable | 17/49 | €999,872 | €988,009 | -€11,864 | -1.2% |
| Amounts payable within one year | 42/48 | €999,872 | €988,009 | -€11,864 | -1.2% |
| Trade debts | 44 | €2,508 | €2,509 | +€2 | +0.1% |
| Suppliers | 440/4 | €2,508 | €2,509 | +€2 | +0.1% |
| Other amounts payable | 47/48 | €997,365 | €985,499 | -€11,865 | -1.2% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€1,903 | -€4,206 | -€2,303 | -121% |
| Operating profit (loss) | 9901 | -€2,870 | -€5,204 | -€2,334 | -81.3% |
| Financial income | 75/76B | - | €139,480 | +€139,480 | |
| Recurring financial income | 75 | - | €139,480 | +€139,480 | |
| Non-recurring financial income | 76B | - | €139,480 | +€139,480 | |
| Financial charges | 65/66B | €286,869 | €5,011 | -€281,858 | -98.3% |
| Recurring financial charges | 65 | €29 | €5,011 | +€4,982 | +17,482% |
| Non-recurring financial charges | 66B | €286,841 | - | -€286,841 | |
| Profit (loss) for the period before taxes | 9903 | -€289,739 | €129,265 | +€419,004 | |
| Profit (loss) for the period | 9904 | -€289,739 | €129,265 | +€419,004 | |
| Profit (loss) for the period to be appropriated | 9905 | -€289,739 | €129,265 | +€419,004 |
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 15 October 2026 via checked.be.