IMMO - ADOMA: 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.
IMMO - ADOMA
Largest movements
- Cash -€73,915
down €73,915 (-43.0%), from €171,933 to €98,018
mainly Contributions, distributions and other (-€115,000) and Receivables within one year (-€24,465)
- Receivables within one year +€24,465
up €24,465 (+61.4%), from €39,869 to €64,334
of which Other amounts receivable: +€28,990
- Tangible fixed assets -€23,872
down €23,872 (-20.7%), from €115,104 to €91,232
- Reserves -€73,000
down €73,000 (-7.3%), from €993,699 to €920,699
of which Distributable reserves: -€73,000
- Financial charges -€434,032
down €434,032 (-98.9%), from €439,042 to €5,009
- Gross operating margin -€86,362
down €86,362 (-44.6%), from €193,423 to €107,061
- Taxes -€13,697
down €13,697 (-44.6%), from €30,717 to €17,020
- Financial income +€4,650
up €4,650 (+98.6%), from €4,718 to €9,368
- Depreciation +€3,820
up €3,820 (+18.1%), from €21,064 to €24,884
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 | €739,356 | €668,235 | -€71,121 | -9.6% |
| Fixed assets | 21/28 | €115,104 | €91,232 | -€23,872 | -20.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €115,104 | €91,232 | -€23,872 | -20.7% |
| Land and buildings | 22 | €64,400 | €53,125 | -€11,275 | -17.5% |
| Plant, machinery and equipment | 23 | €8,046 | €5,549 | -€2,498 | -31.0% |
| Furniture and vehicles | 24 | €42,658 | €32,558 | -€10,100 | -23.7% |
| Current assets | 29/58 | €624,252 | €577,003 | -€47,249 | -7.6% |
| Stocks and contracts in progress | 3 | €1,088 | €1,169 | +€81 | +7.4% |
| Stocks | 30/36 | €1,088 | €1,169 | +€81 | +7.4% |
| Amounts receivable within one year | 40/41 | €39,869 | €64,334 | +€24,465 | +61.4% |
| Trade receivables | 40 | €5,065 | €540 | -€4,525 | -89.3% |
| Other amounts receivable | 41 | €34,804 | €63,794 | +€28,990 | +83.3% |
| Current investments | 50/53 | €403,856 | €403,856 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €171,933 | €98,018 | -€73,915 | -43.0% |
| Deferred charges and accrued income | 490/1 | €7,506 | €9,626 | +€2,120 | +28.2% |
| Total equity and liabilities | 10/49 | €739,356 | €668,235 | -€71,121 | -9.6% |
| Equity | 10/15 | €728,440 | €656,062 | -€72,378 | -9.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €993,699 | €920,699 | -€73,000 | -7.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €987,499 | €914,499 | -€73,000 | -7.4% |
| Profit (loss) carried forward | 14 | -€327,259 | -€326,637 | +€622 | +0.2% |
| Amounts payable | 17/49 | €10,915 | €12,173 | +€1,257 | +11.5% |
| Amounts payable within one year | 42/48 | €10,039 | €11,336 | +€1,298 | +12.9% |
| Trade debts | 44 | €7,399 | €9,076 | +€1,677 | +22.7% |
| Suppliers | 440/4 | €7,399 | €9,076 | +€1,677 | +22.7% |
| Taxes, remuneration and social security | 45 | €2,639 | €2,260 | -€379 | -14.4% |
| Taxes | 450/3 | €2,639 | €2,260 | -€379 | -14.4% |
| Accrued charges and deferred income | 492/3 | €877 | €836 | -€40 | -4.6% |
| Non-recurring operating income | 76A | €4,635 | €2,624 | -€2,011 | -43.4% |
| Remuneration, social security and pensions | 62 | €2,240 | - | -€2,240 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,064 | €24,884 | +€3,820 | +18.1% |
| Other operating charges | 640/8 | €27,024 | €26,894 | -€130 | -0.5% |
| Non-recurring operating charges | 66A | €5,313 | - | -€5,313 | |
| Gross operating margin | 9900 | €193,423 | €107,061 | -€86,362 | -44.6% |
| Operating profit (loss) | 9901 | €137,781 | €55,283 | -€82,499 | -59.9% |
| Financial income | 75/76B | €4,718 | €9,368 | +€4,650 | +98.6% |
| Recurring financial income | 75 | €4,718 | €9,368 | +€4,650 | +98.6% |
| Financial charges | 65/66B | €439,042 | €5,009 | -€434,032 | -98.9% |
| Recurring financial charges | 65 | €439,042 | €5,009 | -€434,032 | -98.9% |
| Profit (loss) for the period before taxes | 9903 | -€296,542 | €59,641 | +€356,184 | |
| Income taxes | 67/77 | €30,717 | €17,020 | -€13,697 | -44.6% |
| Profit (loss) for the period | 9904 | -€327,259 | €42,622 | +€369,881 | |
| Profit (loss) for the period to be appropriated | 9905 | -€327,259 | €42,622 | +€369,881 |
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 20 October 2026 via checked.be.