Da Adriano: 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.
Da Adriano
Largest movements
- Cash +€21,883
up €21,883 (+46.7%), from €46,909 to €68,792
mainly Trade debts (+€27,953) and Tax, wage and social debts (+€6,187)
- Receivables within one year +€16,867
up €16,867 (+20.2%), from €83,317 to €100,184
of which Trade receivables: +€12,903
- Tangible fixed assets -€3,096
down €3,096 (-32.0%), from €9,665 to €6,568
of which Plant, machinery and equipment: -€2,248
- Trade debts +€27,953
up €27,953 (+64.3%), from €43,500 to €71,453
- Tax, wage and social debts +€6,187
up €6,187 (+20.5%), from €30,201 to €36,389
of which Remuneration and social security: +€6,251
- Reserves +€2,000
up €2,000 (+3.9%), from €51,000 to €53,000
- Staff costs +€20,100
up €20,100 (+18.6%), from €108,048 to €128,148
- Gross operating margin +€5,645
up €5,645 (+4.4%), from €127,828 to €133,473
- Taxes -€3,542
down €3,542 (-76.0%), from €4,657 to €1,116
- Other operating charges -€1,661
down €1,661 (-54.2%), from €3,063 to €1,402
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 | €146,926 | €184,736 | +€37,810 | +25.7% |
| Fixed assets | 21/28 | €13,415 | €10,318 | -€3,096 | -23.1% |
| Tangible fixed assets | 22/27 | €9,665 | €6,568 | -€3,096 | -32.0% |
| Plant, machinery and equipment | 23 | €6,729 | €4,481 | -€2,248 | -33.4% |
| Furniture and vehicles | 24 | €2,936 | €2,087 | -€849 | -28.9% |
| Financial fixed assets | 28 | €3,750 | €3,750 | = | 0.0% |
| Current assets | 29/58 | €133,511 | €174,418 | +€40,906 | +30.6% |
| Stocks and contracts in progress | 3 | €1,971 | €2,416 | +€445 | +22.6% |
| Stocks | 30/36 | €1,971 | €2,416 | +€445 | +22.6% |
| Amounts receivable within one year | 40/41 | €83,317 | €100,184 | +€16,867 | +20.2% |
| Trade receivables | 40 | €17,847 | €30,750 | +€12,903 | +72.3% |
| Other amounts receivable | 41 | €65,470 | €69,434 | +€3,964 | +6.1% |
| Cash at bank and in hand | 54/58 | €46,909 | €68,792 | +€21,883 | +46.7% |
| Deferred charges and accrued income | 490/1 | €1,314 | €3,025 | +€1,711 | +130% |
| Total equity and liabilities | 10/49 | €146,926 | €184,736 | +€37,810 | +25.7% |
| Equity | 10/15 | €73,225 | €75,595 | +€2,370 | +3.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €51,000 | €53,000 | +€2,000 | +3.9% |
| Distributable reserves | 133 | €51,000 | €53,000 | +€2,000 | +3.9% |
| Profit (loss) carried forward | 14 | €2,225 | €2,595 | +€370 | +16.6% |
| Amounts payable | 17/49 | €73,701 | €109,141 | +€35,440 | +48.1% |
| Amounts payable within one year | 42/48 | €73,701 | €109,141 | +€35,440 | +48.1% |
| Trade debts | 44 | €43,500 | €71,453 | +€27,953 | +64.3% |
| Suppliers | 440/4 | €43,500 | €71,453 | +€27,953 | +64.3% |
| Advances received on contracts in progress | 46 | - | €1,300 | +€1,300 | |
| Taxes, remuneration and social security | 45 | €30,201 | €36,389 | +€6,187 | +20.5% |
| Taxes | 450/3 | €13,330 | €13,266 | -€64 | -0.5% |
| Remuneration and social security | 454/9 | €16,871 | €23,122 | +€6,251 | +37.1% |
| Remuneration, social security and pensions | 62 | €108,048 | €128,148 | +€20,100 | +18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,096 | €3,096 | = | 0.0% |
| Other operating charges | 640/8 | €3,063 | €1,402 | -€1,661 | -54.2% |
| Gross operating margin | 9900 | €127,828 | €133,473 | +€5,645 | +4.4% |
| Operating profit (loss) | 9901 | €13,621 | €826 | -€12,795 | -93.9% |
| Financial income | 75/76B | €3,156 | €3,661 | +€505 | +16.0% |
| Recurring financial income | 75 | €3,156 | €3,661 | +€505 | +16.0% |
| Financial charges | 65/66B | €622 | €1,002 | +€381 | +61.2% |
| Recurring financial charges | 65 | €622 | €1,002 | +€381 | +61.2% |
| Profit (loss) for the period before taxes | 9903 | €16,155 | €3,485 | -€12,670 | -78.4% |
| Income taxes | 67/77 | €4,657 | €1,116 | -€3,542 | -76.0% |
| Profit (loss) for the period | 9904 | €11,498 | €2,370 | -€9,129 | -79.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,498 | €2,370 | -€9,129 | -79.4% |
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 24 October 2026 via checked.be.