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ADRON: what changed

What changed

ADRON

BE 0439.598.555
NACE 69.209, Other tax advisory services
filed annual accounts (NBB)
Financial years compared with
Net result for the year
€237,372
2024 · -€29,792+€267,163
Equity
€634,005
2024 · €471,633+€162,372
Cash
€207,789
2024 · €74,746+€133,043
Balance sheet total
€768,814
2024 · €562,894+€205,920

Largest movements

2024 to 2025
Assets
  • Current investments +€349,333

    new in 2025: €349,333

  • Stocks and contracts -€178,765

    down €178,765 (-100%), from €178,765 to €0

  • Cash +€133,043

    up €133,043 (+178%), from €74,746 to €207,789

    mainly Net result for the year (+€237,372) and Stocks and contracts (+€178,765)

  • Tangible fixed assets -€104,418

    down €104,418 (-35.3%), from €295,668 to €191,249

Equity and liabilities
  • Reserves +€162,372

    up €162,372 (+40.9%), from €397,265 to €559,637

  • Other debts +€63,000

    up €63,000 (+525%), from €12,000 to €75,000

  • Debts after one year -€34,000

    down €34,000 (-100%), from €34,000 to €0

  • Tax, wage and social debts +€15,096

    up €15,096 (+1,327%), from €1,137 to €16,233

Income statement
  • Gross operating margin +€361,328

    up €361,328 (+41,647%), from €868 to €362,196

  • Taxes +€101,054

    up €101,054 (+1,010,544,500%), from €0 to €101,054

Change in the result, 2024 to 2025

effect on the result

For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.

Result 2024 -€29,792
Gross operating margin +€361,328
Depreciation +€814
Other operating charges +€2,959
Financial charges +€3,117
Taxes -€101,054
Result 2025 €237,372
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.

From operations +€501,676
Investment -€259,633
Financing -€109,000
Cash 2024 €74,746
Net result for the year +€237,372
Depreciation +€14,718
Stocks and contracts +€178,765
Receivables within one year -€6,683
Smaller working-capital items -€592
Tax, wage and social debts +€15,096
Other debts +€63,000
Investment in fixed assets (net) +€89,700
Current investments -€349,333
Debts after one year -€34,000
Contributions, distributions and other -€75,000
Cash 2025 €207,789
brings cash intakes cash out
Every line side by side 45 lines
Line Code 2024 2025 Change %
Total assets 20/58 €562,894 €768,814 +€205,920 +36.6%
Fixed assets 21/28 €295,668 €191,249 -€104,418 -35.3%
Tangible fixed assets 22/27 €295,668 €191,249 -€104,418 -35.3%
Land and buildings 22 €295,668 €191,249 -€104,418 -35.3%
Current assets 29/58 €267,226 €577,564 +€310,338 +116%
Stocks and contracts in progress 3 €178,765 €0 -€178,765 -100%
Stocks 30/36 €178,765 €0 -€178,765 -100%
Amounts receivable within one year 40/41 €11,834 €18,518 +€6,683 +56.5%
Trade receivables 40 €1,434 €215 -€1,219 -85.0%
Other amounts receivable 41 €10,400 €18,302 +€7,902 +76.0%
Current investments 50/53 - €349,333 +€349,333
Cash at bank and in hand 54/58 €74,746 €207,789 +€133,043 +178%
Deferred charges and accrued income 490/1 €1,880 €1,924 +€44 +2.3%
Total equity and liabilities 10/49 €562,894 €768,814 +€205,920 +36.6%
Equity 10/15 €471,633 €634,005 +€162,372 +34.4%
Contributions 10/11 €74,368 €74,368 = 0.0%
Reserves 13 €397,265 €559,637 +€162,372 +40.9%
Distributable reserves 133 €397,265 €559,637 +€162,372 +40.9%
Profit (loss) carried forward 14 €0 €0 =
Amounts payable 17/49 €91,261 €134,809 +€43,548 +47.7%
Amounts payable after more than one year 17 €34,000 €0 -€34,000 -100%
Financial debts 170/4 €34,000 €0 -€34,000 -100%
Amounts payable within one year 42/48 €56,493 €134,006 +€77,513 +137%
Current portion of amounts payable after more than one year 42 €42,500 €42,500 = 0.0%
Financial debts 43 €0 - =
Credit institutions 430/8 €0 - =
Trade debts 44 €856 €273 -€583 -68.1%
Suppliers 440/4 €856 €273 -€583 -68.1%
Taxes, remuneration and social security 45 €1,137 €16,233 +€15,096 +1,327%
Taxes 450/3 €1,137 €16,233 +€15,096 +1,327%
Other amounts payable 47/48 €12,000 €75,000 +€63,000 +525%
Accrued charges and deferred income 492/3 €768 €803 +€35 +4.6%
Non-recurring operating income 76A €0 €510,300 +€510,300
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €15,532 €14,718 -€814 -5.2%
Other operating charges 640/8 €9,874 €6,914 -€2,959 -30.0%
Gross operating margin 9900 €868 €362,196 +€361,328 +41,647%
Operating profit (loss) 9901 -€24,538 €340,563 +€365,101
Financial income 75/76B €0 - =
Recurring financial income 75 €0 - =
Financial charges 65/66B €5,253 €2,137 -€3,117 -59.3%
Recurring financial charges 65 €5,253 €2,137 -€3,117 -59.3%
Profit (loss) for the period before taxes 9903 -€29,792 €338,426 +€368,218
Income taxes 67/77 €0 €101,054 +€101,054 +1,010,544,500%
Profit (loss) for the period 9904 -€29,792 €237,372 +€267,163
Profit (loss) for the period to be appropriated 9905 -€29,792 €237,372 +€267,163
Calculation and sources

Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.