ADA RETAIL: 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.
ADA RETAIL
Largest movements
- Receivables within one year +€21,335
up €21,335 (+189.0%), from €11,286 to €32,620
of which Other amounts receivable: +€26,239
- Tangible fixed assets -€20,958
down €20,958 (-27.1%), from €77,344 to €56,386
- Cash +€13,020
up €13,020 (+55.3%), from €23,544 to €36,564
mainly Depreciation (+€21,558) and Trade debts (+€8,775)
- Stocks and contracts +€2,408
up €2,408, from €0 to €2,408
- Deferred charges and accrued income +€1,468
new in 2025: €1,468
- Trade debts +€8,775
up €8,775 (+278.2%), from €3,155 to €11,929
- Other debts +€3,559
up €3,559 (+6.9%), from €51,316 to €54,875
- Profit (loss) carried forward +€3,455
up €3,455 (+88.4%), from -€3,910 to -€455
- Gross operating margin +€18,146
up €18,146 (+203.4%), from €8,919 to €27,066
- Depreciation +€14,560
up €14,560 (+208.1%), from €6,998 to €21,558
- Other operating charges -€5,312
down €5,312 (-79.5%), from €6,686 to €1,374
- Financial income -€1,004
no longer reported in 2025 (was €1,004)
- Taxes +€524
new in 2025: €524
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.
Cash bridge derived
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 | €114,666 | €131,338 | +€16,672 | +14.5% |
| Fixed assets | 21/28 | €79,836 | €58,277 | -€21,558 | -27.0% |
| Intangible fixed assets | 21 | €2,492 | €1,892 | -€600 | -24.1% |
| Tangible fixed assets | 22/27 | €77,344 | €56,386 | -€20,958 | -27.1% |
| Furniture and vehicles | 24 | €77,344 | €56,386 | -€20,958 | -27.1% |
| Current assets | 29/58 | €34,830 | €73,060 | +€38,230 | +109.8% |
| Stocks and contracts in progress | 3 | €0 | €2,408 | +€2,408 | |
| Stocks | 30/36 | €0 | €2,408 | +€2,408 | |
| Amounts receivable within one year | 40/41 | €11,286 | €32,620 | +€21,335 | +189.0% |
| Trade receivables | 40 | €11,286 | €6,382 | -€4,904 | -43.5% |
| Other amounts receivable | 41 | €0 | €26,239 | +€26,239 | |
| Cash at bank and in hand | 54/58 | €23,544 | €36,564 | +€13,020 | +55.3% |
| Deferred charges and accrued income | 490/1 | - | €1,468 | +€1,468 | |
| Total equity and liabilities | 10/49 | €114,666 | €131,338 | +€16,672 | +14.5% |
| Equity | 10/15 | €57,590 | €61,045 | +€3,455 | +6.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,910 | -€455 | +€3,455 | +88.4% |
| Amounts payable | 17/49 | €57,076 | €70,292 | +€13,217 | +23.2% |
| Amounts payable within one year | 42/48 | €57,076 | €69,646 | +€12,571 | +22.0% |
| Trade debts | 44 | €3,155 | €11,929 | +€8,775 | +278.2% |
| Suppliers | 440/4 | €3,155 | €11,929 | +€8,775 | +278.2% |
| Taxes, remuneration and social security | 45 | €2,605 | €2,842 | +€236 | +9.1% |
| Taxes | 450/3 | €2,605 | €2,842 | +€236 | +9.1% |
| Other amounts payable | 47/48 | €51,316 | €54,875 | +€3,559 | +6.9% |
| Accrued charges and deferred income | 492/3 | €0 | €646 | +€646 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,998 | €21,558 | +€14,560 | +208.1% |
| Other operating charges | 640/8 | €6,686 | €1,374 | -€5,312 | -79.5% |
| Gross operating margin | 9900 | €8,919 | €27,066 | +€18,146 | +203.4% |
| Operating profit (loss) | 9901 | -€4,765 | €4,133 | +€8,898 | |
| Financial income | 75/76B | €1,004 | - | -€1,004 | |
| Recurring financial income | 75 | €1,004 | - | -€1,004 | |
| Financial charges | 65/66B | €100 | €154 | +€53 | +53.3% |
| Recurring financial charges | 65 | €100 | €154 | +€53 | +53.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,861 | €3,980 | +€7,840 | |
| Income taxes | 67/77 | - | €524 | +€524 | |
| Profit (loss) for the period | 9904 | -€3,861 | €3,455 | +€7,316 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,861 | €3,455 | +€7,316 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.