ADE2: 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.
ADE2
Largest movements
- Receivables within one year +€513
up €513 (+3.7%), from €13,851 to €14,365
of which Other amounts receivable: +€837
- Trade debts +€447
up €447 (+57.4%), from €780 to €1,227
- Financial income -€295,388
down €295,388 (-99.7%), from €296,157 to €769
of which Non-recurring financial income: -€295,320
- Gross operating margin +€93
up €93 (+22.4%), from -€414 to -€321
- Other operating charges +€12
up €12 (+3.2%), from €387 to €400
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 | €15,450 | €15,895 | +€445 | +2.9% |
| Fixed assets | 21/28 | - | €0 | = | |
| Intangible fixed assets | 21 | - | €0 | = | |
| Current assets | 29/58 | €15,450 | €15,895 | +€445 | +2.9% |
| Amounts receivable within one year | 40/41 | €13,851 | €14,365 | +€513 | +3.7% |
| Trade receivables | 40 | €324 | €0 | -€324 | -100% |
| Other amounts receivable | 41 | €13,527 | €14,365 | +€837 | +6.2% |
| Cash at bank and in hand | 54/58 | €761 | €761 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €837 | €769 | -€68 | -8.1% |
| Total equity and liabilities | 10/49 | €15,450 | €15,895 | +€445 | +2.9% |
| Equity | 10/15 | €14,670 | €14,668 | -€2 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Profit (loss) carried forward | 14 | -€3,930 | -€3,932 | -€2 | -0.1% |
| Amounts payable | 17/49 | €780 | €1,227 | +€447 | +57.4% |
| Amounts payable within one year | 42/48 | €780 | €1,227 | +€447 | +57.4% |
| Trade debts | 44 | €780 | €1,227 | +€447 | +57.4% |
| Suppliers | 440/4 | €780 | €1,227 | +€447 | +57.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€414 | -€321 | +€93 | +22.4% |
| Operating profit (loss) | 9901 | -€801 | -€721 | +€80 | +10.0% |
| Financial income | 75/76B | €296,157 | €769 | -€295,388 | -99.7% |
| Recurring financial income | 75 | €837 | €769 | -€68 | -8.1% |
| Non-recurring financial income | 76B | €295,320 | - | -€295,320 | |
| Financial charges | 65/66B | €51 | €51 | -€0 | 0.0% |
| Recurring financial charges | 65 | €51 | €51 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €295,306 | -€2 | -€295,308 | |
| Profit (loss) for the period | 9904 | €295,306 | -€2 | -€295,308 | |
| Profit (loss) for the period to be appropriated | 9905 | €295,306 | -€2 | -€295,308 |
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 27 October 2026 via checked.be.