BIJOUTERIE ADAM: 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.
What changed
BIJOUTERIE ADAM
NACE 47.120, Other non-specialised retail sale
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€250,870
2024 · €156,429+€94,441
Equity
€823,841
2024 · €737,971+€85,870
Cash
€117,100
2024 · €124,019-€6,919
Balance sheet total
€1.6m
2024 · €1.2m+€362,392
Largest movements
Assets
- Stocks and contracts +€364,383
up €364,383 (+46.1%), from €791,223 to €1.2m
Equity and liabilities
- Trade debts +€158,904
up €158,904 (+716%), from €22,179 to €181,083
- Other debts +€113,555
up €113,555 (+157%), from €72,252 to €185,807
- Profit (loss) carried forward +€85,870
new in 2025: €85,870
- Debts after one year -€43,676
down €43,676 (-14.9%), from €294,000 to €250,324
- Tax, wage and social debts +€38,193
up €38,193 (+50.6%), from €75,439 to €113,632
of which Taxes: +€26,220
Income statement
- Gross operating margin +€181,574
up €181,574 (+66.5%), from €272,983 to €454,557
- Taxes +€38,747
up €38,747 (+102%), from €38,071 to €76,818
- Staff costs +€33,506
up €33,506 (+69.9%), from €47,955 to €81,461
- Depreciation +€11,174
up €11,174 (+46.8%), from €23,891 to €35,065
- Financial charges +€9,071
up €9,071 (+107%), from €8,491 to €17,562
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.
Result 2024
€156,429
Gross operating margin
+€181,574
Staff costs
-€33,506
Depreciation
-€11,174
Other operating charges
+€149
Financial income
+€5,216
Financial charges
-€9,071
Taxes
-€38,747
Result 2025
€250,870
raises the resultlowers the result
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.
From operations
+€231,192
Investment
-€38,981
Financing
-€199,130
Cash 2024
€124,019
From operations (derived)
+€231,192
Net result for the year
+€250,870
Depreciation
+€35,065
Stocks and contracts
-€364,383
Smaller working-capital items
-€1,012
Trade debts
+€158,904
Tax, wage and social debts
+€38,193
Other debts
+€113,555
Investment (derived)
-€38,981
Investment in fixed assets (net)
-€38,981
Financing
-€199,130
Debts after one year
-€43,676
Current portion of long-term debt
+€9,546
Contributions, distributions and other
-€165,000
Cash 2025
€117,100
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,214,531 | €1,576,923 | +€362,392 | +29.8% |
| Fixed assets | 21/28 | €297,005 | €300,921 | +€3,916 | +1.3% |
| Tangible fixed assets | 22/27 | €284,530 | €288,115 | +€3,585 | +1.3% |
| Land and buildings | 22 | €6,260 | €5,268 | -€992 | -15.8% |
| Plant, machinery and equipment | 23 | €849 | €2,320 | +€1,471 | +173% |
| Furniture and vehicles | 24 | €3,193 | €2,859 | -€334 | -10.5% |
| Other tangible fixed assets | 26 | €274,228 | €277,668 | +€3,440 | +1.3% |
| Financial fixed assets | 28 | €12,475 | €12,806 | +€331 | +2.7% |
| Current assets | 29/58 | €917,526 | €1,276,002 | +€358,476 | +39.1% |
| Stocks and contracts in progress | 3 | €791,223 | €1,155,606 | +€364,383 | +46.1% |
| Stocks | 30/36 | €791,223 | €1,155,606 | +€364,383 | +46.1% |
| Amounts receivable within one year | 40/41 | €2,284 | €2,983 | +€699 | +30.6% |
| Trade receivables | 40 | €1,777 | €2,939 | +€1,162 | +65.4% |
| Other amounts receivable | 41 | €507 | €44 | -€463 | -91.3% |
| Cash at bank and in hand | 54/58 | €124,019 | €117,100 | -€6,919 | -5.6% |
| Deferred charges and accrued income | 490/1 | - | €313 | +€313 | |
| Total equity and liabilities | 10/49 | €1,214,531 | €1,576,923 | +€362,392 | +29.8% |
| Equity | 10/15 | €737,971 | €823,841 | +€85,870 | +11.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €687,971 | €687,971 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €682,971 | €682,971 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €85,870 | +€85,870 | |
| Amounts payable | 17/49 | €476,560 | €753,082 | +€276,522 | +58.0% |
| Amounts payable after more than one year | 17 | €294,000 | €250,324 | -€43,676 | -14.9% |
| Financial debts | 170/4 | €294,000 | €250,324 | -€43,676 | -14.9% |
| Amounts payable within one year | 42/48 | €182,560 | €502,758 | +€320,198 | +175% |
| Current portion of amounts payable after more than one year | 42 | €12,690 | €22,236 | +€9,546 | +75.2% |
| Trade debts | 44 | €22,179 | €181,083 | +€158,904 | +716% |
| Suppliers | 440/4 | €22,179 | €181,083 | +€158,904 | +716% |
| Taxes, remuneration and social security | 45 | €75,439 | €113,632 | +€38,193 | +50.6% |
| Taxes | 450/3 | €62,969 | €89,189 | +€26,220 | +41.6% |
| Remuneration and social security | 454/9 | €12,470 | €24,443 | +€11,973 | +96.0% |
| Other amounts payable | 47/48 | €72,252 | €185,807 | +€113,555 | +157% |
| Remuneration, social security and pensions | 62 | €47,955 | €81,461 | +€33,506 | +69.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,891 | €35,065 | +€11,174 | +46.8% |
| Other operating charges | 640/8 | €1,346 | €1,197 | -€149 | -11.1% |
| Gross operating margin | 9900 | €272,983 | €454,557 | +€181,574 | +66.5% |
| Operating profit (loss) | 9901 | €199,791 | €336,834 | +€137,043 | +68.6% |
| Financial income | 75/76B | €3,200 | €8,416 | +€5,216 | +163% |
| Recurring financial income | 75 | €3,200 | €8,416 | +€5,216 | +163% |
| Financial charges | 65/66B | €8,491 | €17,562 | +€9,071 | +107% |
| Recurring financial charges | 65 | €8,491 | €17,562 | +€9,071 | +107% |
| Profit (loss) for the period before taxes | 9903 | €194,500 | €327,688 | +€133,188 | +68.5% |
| Income taxes | 67/77 | €38,071 | €76,818 | +€38,747 | +102% |
| Profit (loss) for the period | 9904 | €156,429 | €250,870 | +€94,441 | +60.4% |
| Profit (loss) for the period to be appropriated | 9905 | €156,429 | €250,870 | +€94,441 | +60.4% |
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 21 October 2026 via checked.be.