A.D.K.: what changed
Two fiscal 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.
A.D.K.
Largest movements
- Receivables within one year +€9,252
up €9,252 (+15.7%), from €58,824 to €68,076
of which Other amounts receivable: +€9,661
- Cash -€6,611
down €6,611 (-11.8%), from €56,261 to €49,651
mainly Contributions, distributions and other (-€125,523) and Receivables within one year (-€9,252)
- Formation expenses +€6,053
new in 2024: €6,053
- Tangible fixed assets -€2,280
down €2,280 (-27.4%), from €8,333 to €6,053
- Profit (loss) carried forward -€100,709
down €100,709, from €96,183 to -€4,526
- Accrued charges and deferred income +€96,183
new in 2024: €96,183
- Provisions +€15,757
new in 2024: €15,757
- Trade debts -€8,635
no longer reported in 2024 (was €8,635)
- Tax, wage and social debts +€5,341
new in 2024: €5,341
- Turnover +€69,826
new in 2024: €69,826
- Purchases and services +€46,278
new in 2024: €46,278
- Other operating charges -€6,021
down €6,021 (-99.9%), from €6,029 to €8
- Depreciation +€2,280
new in 2024: €2,280
- Gross operating margin -€1,078
down €1,078 (-4.4%), from €24,262 to €23,184
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €123,418 | €129,833 | +€6,414 | +5.2% |
| Formation expenses | 20 | - | €6,053 | +€6,053 | |
| Fixed assets | 21/28 | €8,333 | €6,053 | -€2,280 | -27.4% |
| Tangible fixed assets | 22/27 | €8,333 | €6,053 | -€2,280 | -27.4% |
| Furniture and vehicles | 24 | €8,333 | €6,053 | -€2,280 | -27.4% |
| Current assets | 29/58 | €115,085 | €117,726 | +€2,641 | +2.3% |
| Amounts receivable within one year | 40/41 | €58,824 | €68,076 | +€9,252 | +15.7% |
| Trade receivables | 40 | €3,085 | €2,675 | -€409 | -13.3% |
| Other amounts receivable | 41 | €55,739 | €65,400 | +€9,661 | +17.3% |
| Cash at bank and in hand | 54/58 | €56,261 | €49,651 | -€6,611 | -11.8% |
| Total equity and liabilities | 10/49 | €123,418 | €129,833 | +€6,414 | +5.2% |
| Equity | 10/15 | €114,783 | €10,074 | -€104,709 | -91.2% |
| Contributions | 10/11 | €18,600 | €14,600 | -€4,000 | -21.5% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | €96,183 | -€4,526 | -€100,709 | |
| Provisions and deferred taxes | 16 | - | €15,757 | +€15,757 | |
| Provisions for liabilities and charges | 160/5 | - | €15,757 | +€15,757 | |
| Other liabilities and charges | 164/5 | - | €15,757 | +€15,757 | |
| Amounts payable | 17/49 | €8,635 | €104,001 | +€95,366 | +1104.4% |
| Amounts payable within one year | 42/48 | €8,635 | €7,818 | -€817 | -9.5% |
| Current portion of amounts payable after more than one year | 42 | - | €2,477 | +€2,477 | |
| Trade debts | 44 | €8,635 | - | -€8,635 | |
| Suppliers | 440/4 | €8,635 | - | -€8,635 | |
| Taxes, remuneration and social security | 45 | - | €5,341 | +€5,341 | |
| Taxes | 450/3 | - | €5,341 | +€5,341 | |
| Accrued charges and deferred income | 492/3 | - | €96,183 | +€96,183 | |
| Turnover | 70 | - | €69,826 | +€69,826 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €46,278 | +€46,278 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,280 | +€2,280 | |
| Other operating charges | 640/8 | €6,029 | €8 | -€6,021 | -99.9% |
| Gross operating margin | 9900 | €24,262 | €23,184 | -€1,078 | -4.4% |
| Operating profit (loss) | 9901 | €18,233 | €20,896 | +€2,663 | +14.6% |
| Financial charges | 65/66B | - | €81 | +€81 | |
| Recurring financial charges | 65 | - | €81 | +€81 | |
| Profit (loss) for the period before taxes | 9903 | €18,233 | €20,814 | +€2,582 | +14.2% |
| Profit (loss) for the period | 9904 | €18,233 | €20,814 | +€2,582 | +14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €18,233 | €20,814 | +€2,582 | +14.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.