ADAK: 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.
ADAK
Largest movements
- Cash -€53
down €53 (-33.3%), from €160 to €107
mainly Short-term financial debts (-€4,200)
- Short-term financial debts -€4,200
down €4,200 (-42.7%), from €9,825 to €5,625
- Profit (loss) carried forward +€4,147
up €4,147 (+9.4%), from -€44,344 to -€40,198
- Taxes +€1,107
no longer reported in 2025 (was -€1,107)
- Gross operating margin -€121
down €121 (-2.8%), from €4,322 to €4,201
- Purchases and services +€121
up €121 (+17.8%), from €678 to €799
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 | €5,160 | €5,107 | -€53 | -1.0% |
| Current assets | 29/58 | €5,160 | €5,107 | -€53 | -1.0% |
| Amounts receivable within one year | 40/41 | €5,000 | €5,000 | = | 0.0% |
| Trade receivables | 40 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €160 | €107 | -€53 | -33.3% |
| Total equity and liabilities | 10/49 | €5,160 | €5,107 | -€53 | -1.0% |
| Equity | 10/15 | -€4,665 | -€518 | +€4,147 | +88.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €21,087 | €21,087 | = | 0.0% |
| Non-distributable reserves | 130/1 | €119 | €119 | = | 0.0% |
| Legal reserve | 130 | €119 | €119 | = | 0.0% |
| Distributable reserves | 133 | €20,968 | €20,968 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,344 | -€40,198 | +€4,147 | +9.4% |
| Amounts payable | 17/49 | €9,825 | €5,625 | -€4,200 | -42.7% |
| Amounts payable within one year | 42/48 | €9,825 | €5,625 | -€4,200 | -42.7% |
| Financial debts | 43 | €9,825 | €5,625 | -€4,200 | -42.7% |
| Other loans | 439 | €9,825 | €5,625 | -€4,200 | -42.7% |
| Non-recurring operating income | 76A | €5,000 | €5,000 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €678 | €799 | +€121 | +17.8% |
| Gross operating margin | 9900 | €4,322 | €4,201 | -€121 | -2.8% |
| Operating profit (loss) | 9901 | €4,322 | €4,201 | -€121 | -2.8% |
| Financial charges | 65/66B | €81 | €54 | -€27 | -33.3% |
| Recurring financial charges | 65 | €81 | €54 | -€27 | -33.3% |
| Profit (loss) for the period before taxes | 9903 | €4,241 | €4,147 | -€94 | -2.2% |
| Income taxes | 67/77 | -€1,107 | - | +€1,107 | |
| Profit (loss) for the period | 9904 | €5,348 | €4,147 | -€1,201 | -22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,348 | €4,147 | -€1,201 | -22.5% |
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 30 September 2026 via checked.be.