ADDK: 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.
ADDK
Largest movements
- Cash +€17,267
up €17,267 (+21.1%), from €81,684 to €98,951
mainly Other debts (+€87,780) and Tax, wage and social debts (+€22,129)
- Tangible fixed assets +€15,346
up €15,346 (+22.0%), from €69,740 to €85,086
of which Land and buildings: +€33,588
- Receivables within one year -€10,799
down €10,799 (-37.5%), from €28,799 to €18,000
of which Trade receivables: -€12,461
- Other debts +€87,780
up €87,780 (+249%), from €35,207 to €122,988
- Profit (loss) carried forward -€77,608
down €77,608 (-99.7%), from €77,836 to €228
- Tax, wage and social debts +€22,129
up €22,129 (+217%), from €10,182 to €32,312
of which Taxes: +€22,129
- Debts after one year -€11,264
down €11,264 (-27.9%), from €40,342 to €29,078
- Depreciation +€6,245
up €6,245 (+43.4%), from €14,394 to €20,638
- Gross operating margin +€2,121
up €2,121 (+4.7%), from €45,318 to €47,439
- Taxes -€1,546
down €1,546 (-21.9%), from €7,059 to €5,513
- Financial income +€574
up €574 (+382,733%), from €0 to €574
- Financial charges +€490
up €490 (+35.3%), from €1,387 to €1,877
of which Financial charges: +€535
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 | €180,223 | €202,036 | +€21,813 | +12.1% |
| Fixed assets | 21/28 | €69,740 | €85,086 | +€15,346 | +22.0% |
| Tangible fixed assets | 22/27 | €69,740 | €85,086 | +€15,346 | +22.0% |
| Land and buildings | 22 | - | €33,588 | +€33,588 | |
| Plant, machinery and equipment | 23 | €6,857 | €4,987 | -€1,870 | -27.3% |
| Furniture and vehicles | 24 | €62,883 | €46,511 | -€16,373 | -26.0% |
| Current assets | 29/58 | €110,483 | €116,950 | +€6,467 | +5.9% |
| Amounts receivable within one year | 40/41 | €28,799 | €18,000 | -€10,799 | -37.5% |
| Trade receivables | 40 | €20,801 | €8,341 | -€12,461 | -59.9% |
| Other amounts receivable | 41 | €7,997 | €9,659 | +€1,662 | +20.8% |
| Cash at bank and in hand | 54/58 | €81,684 | €98,951 | +€17,267 | +21.1% |
| Total equity and liabilities | 10/49 | €180,223 | €202,036 | +€21,813 | +12.1% |
| Equity | 10/15 | €82,836 | €5,228 | -€77,608 | -93.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,836 | €228 | -€77,608 | -99.7% |
| Amounts payable | 17/49 | €97,387 | €196,809 | +€99,421 | +102% |
| Amounts payable after more than one year | 17 | €40,342 | €29,078 | -€11,264 | -27.9% |
| Financial debts | 170/4 | €40,342 | €29,078 | -€11,264 | -27.9% |
| Amounts payable within one year | 42/48 | €57,045 | €167,731 | +€110,686 | +194% |
| Current portion of amounts payable after more than one year | 42 | €10,839 | €11,264 | +€425 | +3.9% |
| Trade debts | 44 | €816 | €1,167 | +€351 | +43.0% |
| Suppliers | 440/4 | €816 | €1,167 | +€351 | +43.0% |
| Taxes, remuneration and social security | 45 | €10,182 | €32,312 | +€22,129 | +217% |
| Taxes | 450/3 | €8,182 | €30,312 | +€22,129 | +270% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €35,207 | €122,988 | +€87,780 | +249% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,394 | €20,638 | +€6,245 | +43.4% |
| Other operating charges | 640/8 | €577 | €593 | +€16 | +2.8% |
| Gross operating margin | 9900 | €45,318 | €47,439 | +€2,121 | +4.7% |
| Operating profit (loss) | 9901 | €30,347 | €26,208 | -€4,140 | -13.6% |
| Financial income | 75/76B | €0 | €574 | +€574 | +382,733% |
| Recurring financial income | 75 | €0 | €574 | +€574 | +382,733% |
| Financial charges | 65/66B | €1,387 | €1,877 | +€490 | +35.3% |
| Recurring financial charges | 65 | €1,334 | €1,869 | +€535 | +40.1% |
| Non-recurring financial charges | 66B | €53 | €8 | -€45 | -85.7% |
| Profit (loss) for the period before taxes | 9903 | €28,961 | €24,905 | -€4,056 | -14.0% |
| Income taxes | 67/77 | €7,059 | €5,513 | -€1,546 | -21.9% |
| Profit (loss) for the period | 9904 | €21,901 | €19,392 | -€2,509 | -11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,901 | €19,392 | -€2,509 | -11.5% |
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 18 October 2026 via checked.be.