Bruno ADANS: 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.
Bruno ADANS
Largest movements
- Cash +€650,802
up €650,802 (+3,455%), from €18,836 to €669,638
mainly Other debts (+€598,785) and Depreciation (+€51,991)
- Tangible fixed assets -€28,340
down €28,340 (-4.9%), from €581,727 to €553,387
of which Land and buildings: -€32,132
- Other debts +€598,785
up €598,785 (+309%), from €194,072 to €792,857
- Profit (loss) carried forward +€26,736
up €26,736 (+62.7%), from -€42,641 to -€15,905
- Gross operating margin -€12,302
down €12,302 (-13.1%), from €93,755 to €81,454
- Depreciation +€11,705
up €11,705 (+29.1%), from €40,285 to €51,991
- Taxes +€8,987
up €8,987 (+99.0%), from -€9,078 to -€91
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 | €601,925 | €1,227,306 | +€625,381 | +104% |
| Fixed assets | 21/28 | €581,727 | €553,387 | -€28,340 | -4.9% |
| Tangible fixed assets | 22/27 | €581,727 | €553,387 | -€28,340 | -4.9% |
| Land and buildings | 22 | €428,334 | €396,202 | -€32,132 | -7.5% |
| Other tangible fixed assets | 26 | €153,393 | €157,186 | +€3,792 | +2.5% |
| Current assets | 29/58 | €20,198 | €673,919 | +€653,721 | +3,237% |
| Amounts receivable within one year | 40/41 | - | €2,591 | +€2,591 | |
| Trade receivables | 40 | - | €2,591 | +€2,591 | |
| Cash at bank and in hand | 54/58 | €18,836 | €669,638 | +€650,802 | +3,455% |
| Deferred charges and accrued income | 490/1 | €1,362 | €1,690 | +€328 | +24.1% |
| Total equity and liabilities | 10/49 | €601,925 | €1,227,306 | +€625,381 | +104% |
| Equity | 10/15 | -€22,190 | €4,546 | +€26,736 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,641 | -€15,905 | +€26,736 | +62.7% |
| Amounts payable | 17/49 | €624,115 | €1,222,760 | +€598,645 | +95.9% |
| Amounts payable after more than one year | 17 | €429,398 | €429,398 | = | 0.0% |
| Other amounts payable | 178/9 | €429,398 | €429,398 | = | 0.0% |
| Amounts payable within one year | 42/48 | €194,717 | €793,362 | +€598,645 | +307% |
| Trade debts | 44 | €644 | €505 | -€140 | -21.7% |
| Suppliers | 440/4 | €644 | €505 | -€140 | -21.7% |
| Other amounts payable | 47/48 | €194,072 | €792,857 | +€598,785 | +309% |
| Accrued charges and deferred income | 492/3 | €0 | - | -€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,285 | €51,991 | +€11,705 | +29.1% |
| Other operating charges | 640/8 | €1,924 | €2,114 | +€190 | +9.9% |
| Gross operating margin | 9900 | €93,755 | €81,454 | -€12,302 | -13.1% |
| Operating profit (loss) | 9901 | €51,547 | €27,349 | -€24,197 | -46.9% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €663 | €704 | +€41 | +6.2% |
| Recurring financial charges | 65 | €663 | €704 | +€41 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €50,884 | €26,645 | -€24,239 | -47.6% |
| Income taxes | 67/77 | -€9,078 | -€91 | +€8,987 | +99.0% |
| Profit (loss) for the period | 9904 | €59,962 | €26,736 | -€33,226 | -55.4% |
| Profit (loss) for the period to be appropriated | 9905 | €59,962 | €26,736 | -€33,226 | -55.4% |
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 16 October 2026 via checked.be.