ADFK SERVICES: 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.
ADFK SERVICES
Largest movements
- Cash -€11,955
down €11,955 (-32.1%), from €37,224 to €25,269
mainly Other debts (-€40,412) and Contributions, distributions and other (-€37,700)
- Tangible fixed assets -€9,129
down €9,129 (-37.7%), from €24,237 to €15,109
of which Leasing and similar rights: -€6,874
- Other debts -€40,412
down €40,412 (-72.5%), from €55,744 to €15,332
- Tax, wage and social debts +€17,838
up €17,838 (+1203.7%), from €1,482 to €19,319
- Debts after one year -€6,269
down €6,269 (-59.3%), from €10,575 to €4,306
- Profit (loss) carried forward +€5,064
up €5,064 (+22.2%), from €22,763 to €27,827
- Trade debts +€1,611
new in 2025: €1,611
- Gross operating margin -€15,184
down €15,184 (-18.6%), from €81,725 to €66,541
- Depreciation +€976
up €976 (+12.0%), from €8,153 to €9,129
- Taxes +€927
up €927 (+8.4%), from €11,071 to €11,998
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 | €97,615 | €75,665 | -€21,950 | -22.5% |
| Fixed assets | 21/28 | €24,237 | €15,109 | -€9,129 | -37.7% |
| Tangible fixed assets | 22/27 | €24,237 | €15,109 | -€9,129 | -37.7% |
| Furniture and vehicles | 24 | €5,649 | €3,394 | -€2,255 | -39.9% |
| Leasing and similar rights | 25 | €18,589 | €11,714 | -€6,874 | -37.0% |
| Current assets | 29/58 | €73,378 | €60,556 | -€12,822 | -17.5% |
| Amounts receivable within one year | 40/41 | €35,875 | €35,287 | -€588 | -1.6% |
| Trade receivables | 40 | €32,933 | €35,287 | +€2,354 | +7.1% |
| Other amounts receivable | 41 | €2,942 | - | -€2,942 | |
| Cash at bank and in hand | 54/58 | €37,224 | €25,269 | -€11,955 | -32.1% |
| Deferred charges and accrued income | 490/1 | €278 | - | -€278 | |
| Total equity and liabilities | 10/49 | €97,615 | €75,665 | -€21,950 | -22.5% |
| Equity | 10/15 | €23,763 | €28,827 | +€5,064 | +21.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,763 | €27,827 | +€5,064 | +22.2% |
| Amounts payable | 17/49 | €73,852 | €46,837 | -€27,015 | -36.6% |
| Amounts payable after more than one year | 17 | €10,575 | €4,306 | -€6,269 | -59.3% |
| Financial debts | 170/4 | €10,575 | €4,306 | -€6,269 | -59.3% |
| Amounts payable within one year | 42/48 | €63,274 | €42,531 | -€20,743 | -32.8% |
| Current portion of amounts payable after more than one year | 42 | €6,048 | €6,269 | +€221 | +3.7% |
| Trade debts | 44 | - | €1,611 | +€1,611 | |
| Suppliers | 440/4 | - | €1,611 | +€1,611 | |
| Taxes, remuneration and social security | 45 | €1,482 | €19,319 | +€17,838 | +1203.7% |
| Taxes | 450/3 | €1,482 | €19,319 | +€17,838 | +1203.7% |
| Other amounts payable | 47/48 | €55,744 | €15,332 | -€40,412 | -72.5% |
| Accrued charges and deferred income | 492/3 | €3 | - | -€3 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,153 | €9,129 | +€976 | +12.0% |
| Other operating charges | 640/8 | €747 | €1,143 | +€396 | +53.1% |
| Gross operating margin | 9900 | €81,725 | €66,541 | -€15,184 | -18.6% |
| Operating profit (loss) | 9901 | €72,825 | €56,269 | -€16,556 | -22.7% |
| Financial income | 75/76B | €142 | €27 | -€115 | -81.1% |
| Recurring financial income | 75 | €142 | €27 | -€115 | -81.1% |
| Financial charges | 65/66B | €1,726 | €1,533 | -€193 | -11.2% |
| Recurring financial charges | 65 | €1,726 | €1,533 | -€193 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €71,241 | €54,762 | -€16,479 | -23.1% |
| Income taxes | 67/77 | €11,071 | €11,998 | +€927 | +8.4% |
| Profit (loss) for the period | 9904 | €60,169 | €42,764 | -€17,405 | -28.9% |
| Profit (loss) for the period to be appropriated | 9905 | €60,169 | €42,764 | -€17,405 | -28.9% |
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 5 October 2026 via checked.be.