ADIKAM: 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.
ADIKAM
Largest movements
- Receivables within one year -€3,168
down €3,168 (-32.8%), from €9,661 to €6,493
of which Trade receivables: -€2,788
- Cash -€345
down €345 (-2.4%), from €14,135 to €13,790
mainly Trade debts (-€2,754) and Net result for the year (-€863)
- Trade debts -€2,754
down €2,754 (-30.6%), from €8,993 to €6,239
- Profit (loss) carried forward -€863
down €863 (-18.1%), from €4,776 to €3,913
- Gross operating margin -€10,883
down €10,883 (-88.6%), from €12,283 to €1,400
- Staff costs -€8,319
down €8,319 (-96.5%), from €8,618 to €299
- Taxes -€4,107
down €4,107 (-70.9%), from €5,793 to €1,686
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 | €23,969 | €20,352 | -€3,617 | -15.1% |
| Current assets | 29/58 | €23,969 | €20,352 | -€3,617 | -15.1% |
| Stocks and contracts in progress | 3 | €173 | €69 | -€104 | -60.1% |
| Stocks | 30/36 | €173 | €69 | -€104 | -60.1% |
| Amounts receivable within one year | 40/41 | €9,661 | €6,493 | -€3,168 | -32.8% |
| Trade receivables | 40 | €8,745 | €5,957 | -€2,788 | -31.9% |
| Other amounts receivable | 41 | €916 | €536 | -€380 | -41.5% |
| Cash at bank and in hand | 54/58 | €14,135 | €13,790 | -€345 | -2.4% |
| Total equity and liabilities | 10/49 | €23,969 | €20,352 | -€3,617 | -15.1% |
| Equity | 10/15 | €11,176 | €10,313 | -€863 | -7.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,776 | €3,913 | -€863 | -18.1% |
| Amounts payable | 17/49 | €12,793 | €10,039 | -€2,754 | -21.5% |
| Amounts payable within one year | 42/48 | €12,793 | €10,039 | -€2,754 | -21.5% |
| Trade debts | 44 | €8,993 | €6,239 | -€2,754 | -30.6% |
| Suppliers | 440/4 | €8,993 | €6,239 | -€2,754 | -30.6% |
| Other amounts payable | 47/48 | €3,800 | €3,800 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €8,618 | €299 | -€8,319 | -96.5% |
| Other operating charges | 640/8 | €188 | €233 | +€45 | +23.9% |
| Gross operating margin | 9900 | €12,283 | €1,400 | -€10,883 | -88.6% |
| Operating profit (loss) | 9901 | €3,477 | €868 | -€2,609 | -75.0% |
| Financial charges | 65/66B | €62 | €45 | -€17 | -27.4% |
| Recurring financial charges | 65 | €62 | €45 | -€17 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €3,415 | €823 | -€2,592 | -75.9% |
| Income taxes | 67/77 | €5,793 | €1,686 | -€4,107 | -70.9% |
| Profit (loss) for the period | 9904 | -€2,378 | -€863 | +€1,515 | +63.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,378 | -€863 | +€1,515 | +63.7% |
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 24 October 2026 via checked.be.