ADC KINE: 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.
ADC KINE
Largest movements
- Cash +€16,020
up €16,020 (+40.4%), from €39,676 to €55,695
mainly Net result for the year (+€22,104) and Trade debts (+€1,176)
- Deferred charges and accrued income +€2,806
up €2,806 (+90.5%), from €3,101 to €5,907
- Tangible fixed assets +€985
new in 2025: €985
- Profit (loss) carried forward +€22,104
up €22,104 (+74.4%), from €29,706 to €51,811
- Contributions -€3,600
down €3,600 (-100%), from €3,600 to €0
- Trade debts +€1,176
up €1,176 (+511%), from €230 to €1,406
- Gross operating margin +€33,234
up €33,234, from -€4,005 to €29,228
- Taxes +€5,991
up €5,991 (+4,681%), from €128 to €6,119
- Depreciation +€385
new in 2025: €385
- Other operating charges +€318
new in 2025: €318
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 | €52,872 | €72,452 | +€19,580 | +37.0% |
| Fixed assets | 21/28 | - | €985 | +€985 | |
| Tangible fixed assets | 22/27 | - | €985 | +€985 | |
| Furniture and vehicles | 24 | - | €985 | +€985 | |
| Current assets | 29/58 | €52,872 | €71,468 | +€18,596 | +35.2% |
| Amounts receivable within one year | 40/41 | €10,095 | €9,865 | -€230 | -2.3% |
| Trade receivables | 40 | €7,157 | €9,664 | +€2,507 | +35.0% |
| Other amounts receivable | 41 | €2,938 | €201 | -€2,737 | -93.2% |
| Cash at bank and in hand | 54/58 | €39,676 | €55,695 | +€16,020 | +40.4% |
| Deferred charges and accrued income | 490/1 | €3,101 | €5,907 | +€2,806 | +90.5% |
| Total equity and liabilities | 10/49 | €52,872 | €72,452 | +€19,580 | +37.0% |
| Equity | 10/15 | €50,242 | €68,746 | +€18,504 | +36.8% |
| Contributions | 10/11 | €3,600 | €0 | -€3,600 | -100% |
| Reserves | 13 | €16,935 | €16,935 | = | 0.0% |
| Distributable reserves | 133 | €16,935 | €16,935 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,706 | €51,811 | +€22,104 | +74.4% |
| Amounts payable | 17/49 | €2,630 | €3,706 | +€1,076 | +40.9% |
| Amounts payable within one year | 42/48 | €2,617 | €3,706 | +€1,089 | +41.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €230 | €1,406 | +€1,176 | +511% |
| Suppliers | 440/4 | €230 | €1,406 | +€1,176 | +511% |
| Taxes, remuneration and social security | 45 | €2,300 | €2,300 | = | 0.0% |
| Taxes | 450/3 | €2,300 | €2,300 | = | 0.0% |
| Other amounts payable | 47/48 | €87 | €0 | -€87 | -100% |
| Accrued charges and deferred income | 492/3 | €13 | €0 | -€13 | -100% |
| Remuneration, social security and pensions | 62 | - | €64 | +€64 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €385 | +€385 | |
| Other operating charges | 640/8 | - | €318 | +€318 | |
| Non-recurring operating charges | 66A | - | €55 | +€55 | |
| Gross operating margin | 9900 | -€4,005 | €29,228 | +€33,234 | |
| Operating profit (loss) | 9901 | -€4,005 | €28,406 | +€32,412 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €172 | €184 | +€12 | +6.7% |
| Recurring financial charges | 65 | €172 | €184 | +€12 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,178 | €28,223 | +€32,401 | |
| Income taxes | 67/77 | €128 | €6,119 | +€5,991 | +4,681% |
| Profit (loss) for the period | 9904 | -€4,306 | €22,104 | +€26,410 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,306 | €22,104 | +€26,410 |
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 21 October 2026 via checked.be.