ADK Management: 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.
ADK Management
Largest movements
- Cash +€29,411
up €29,411 (+23.8%), from €123,450 to €152,861
mainly Net result for the year (+€61,603) and Other debts (+€26,243)
- Receivables within one year -€13,836
no longer reported in 2025 (was €13,836)
of which Trade receivables: -€12,705
- Receivables after one year -€10,543
no longer reported in 2025 (was €10,543)
- Reserves -€39,500
down €39,500 (-31.4%), from €125,860 to €86,360
- Other debts +€26,243
new in 2025: €26,243
- Tax, wage and social debts +€17,850
up €17,850 (+149%), from €11,999 to €29,848
- Gross operating margin +€49,541
up €49,541 (+115%), from €43,024 to €92,564
- Taxes +€16,748
up €16,748 (+120%), from €13,910 to €30,658
- Write-downs -€5,543
no longer reported in 2025 (was €5,543)
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 | €148,225 | €153,036 | +€4,811 | +3.2% |
| Fixed assets | 21/28 | €139 | - | -€139 | |
| Tangible fixed assets | 22/27 | €139 | - | -€139 | |
| Furniture and vehicles | 24 | €139 | - | -€139 | |
| Current assets | 29/58 | €148,086 | €153,036 | +€4,950 | +3.3% |
| Amounts receivable after more than one year | 29 | €10,543 | - | -€10,543 | |
| Other amounts receivable | 291 | €10,543 | - | -€10,543 | |
| Amounts receivable within one year | 40/41 | €13,836 | - | -€13,836 | |
| Trade receivables | 40 | €12,705 | - | -€12,705 | |
| Other amounts receivable | 41 | €1,131 | - | -€1,131 | |
| Cash at bank and in hand | 54/58 | €123,450 | €152,861 | +€29,411 | +23.8% |
| Deferred charges and accrued income | 490/1 | €257 | €175 | -€82 | -32.0% |
| Total equity and liabilities | 10/49 | €148,225 | €153,036 | +€4,811 | +3.2% |
| Equity | 10/15 | €135,229 | €95,833 | -€39,397 | -29.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €125,860 | €86,360 | -€39,500 | -31.4% |
| Distributable reserves | 133 | €125,860 | €86,360 | -€39,500 | -31.4% |
| Profit (loss) carried forward | 14 | €3,169 | €3,273 | +€103 | +3.3% |
| Amounts payable | 17/49 | €12,996 | €57,203 | +€44,207 | +340% |
| Amounts payable within one year | 42/48 | €12,996 | €57,203 | +€44,207 | +340% |
| Trade debts | 44 | €997 | €1,112 | +€114 | +11.5% |
| Suppliers | 440/4 | €997 | €1,112 | +€114 | +11.5% |
| Taxes, remuneration and social security | 45 | €11,999 | €29,848 | +€17,850 | +149% |
| Taxes | 450/3 | €11,999 | €29,848 | +€17,850 | +149% |
| Other amounts payable | 47/48 | - | €26,243 | +€26,243 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €314 | €139 | -€175 | -55.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,543 | - | -€5,543 | |
| Other operating charges | 640/8 | - | €541 | +€541 | |
| Gross operating margin | 9900 | €43,024 | €92,564 | +€49,541 | +115% |
| Operating profit (loss) | 9901 | €37,167 | €91,884 | +€54,717 | +147% |
| Financial income | 75/76B | €449 | €585 | +€136 | +30.3% |
| Recurring financial income | 75 | €449 | €585 | +€136 | +30.3% |
| Financial charges | 65/66B | €290 | €208 | -€83 | -28.5% |
| Recurring financial charges | 65 | €290 | €208 | -€83 | -28.5% |
| Profit (loss) for the period before taxes | 9903 | €37,325 | €92,261 | +€54,936 | +147% |
| Income taxes | 67/77 | €13,910 | €30,658 | +€16,748 | +120% |
| Profit (loss) for the period | 9904 | €23,415 | €61,603 | +€38,188 | +163% |
| Profit (loss) for the period to be appropriated | 9905 | €23,415 | €61,603 | +€38,188 | +163% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.