ADK TRADING: 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 TRADING
Largest movements
- Receivables within one year -€42,686
down €42,686 (-59.0%), from €72,371 to €29,685
of which Trade receivables: -€41,601
- Cash -€1,917
no longer reported in 2025 (was €1,917)
mainly Trade debts (-€47,317) and Tax, wage and social debts (-€9,847)
- Stocks and contracts -€1,235
no longer reported in 2025 (was €1,235)
- Trade debts -€47,317
no longer reported in 2025 (was €47,317)
- Profit (loss) carried forward +€10,919
up €10,919 (+264%), from €4,131 to €15,051
- Tax, wage and social debts -€9,847
down €9,847 (-88.1%), from €11,182 to €1,335
of which Remuneration and social security: -€5,833
- Accrued charges and deferred income -€3,181
no longer reported in 2025 (was €3,181)
- Other debts +€3,071
up €3,071 (+13,350%), from €23 to €3,094
- Staff costs -€4,047
no longer reported in 2025 (was €4,047)
- Other operating charges -€2,112
down €2,112 (-97.1%), from €2,176 to €63
- Financial charges -€1,138
down €1,138 (-73.6%), from €1,546 to €408
- Depreciation +€267
new in 2025: €267
- Gross operating margin -€180
down €180 (-1.5%), from €11,857 to €11,677
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 | €76,634 | €30,528 | -€46,105 | -60.2% |
| Fixed assets | 21/28 | €1,111 | €844 | -€267 | -24.0% |
| Tangible fixed assets | 22/27 | €1,111 | €844 | -€267 | -24.0% |
| Furniture and vehicles | 24 | €1,111 | €844 | -€267 | -24.0% |
| Current assets | 29/58 | €75,523 | €29,685 | -€45,838 | -60.7% |
| Stocks and contracts in progress | 3 | €1,235 | - | -€1,235 | |
| Stocks | 30/36 | €1,235 | - | -€1,235 | |
| Amounts receivable within one year | 40/41 | €72,371 | €29,685 | -€42,686 | -59.0% |
| Trade receivables | 40 | €71,285 | €29,685 | -€41,601 | -58.4% |
| Other amounts receivable | 41 | €1,085 | - | -€1,085 | |
| Cash at bank and in hand | 54/58 | €1,917 | - | -€1,917 | |
| Total equity and liabilities | 10/49 | €76,634 | €30,528 | -€46,105 | -60.2% |
| Equity | 10/15 | €14,931 | €25,851 | +€10,919 | +73.1% |
| Contributions | 10/11 | €10,800 | €10,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,131 | €15,051 | +€10,919 | +264% |
| Amounts payable | 17/49 | €61,702 | €4,678 | -€57,025 | -92.4% |
| Amounts payable within one year | 42/48 | €58,522 | €4,678 | -€53,844 | -92.0% |
| Financial debts | 43 | - | €249 | +€249 | |
| Credit institutions | 430/8 | - | €249 | +€249 | |
| Trade debts | 44 | €47,317 | - | -€47,317 | |
| Suppliers | 440/4 | €47,317 | - | -€47,317 | |
| Taxes, remuneration and social security | 45 | €11,182 | €1,335 | -€9,847 | -88.1% |
| Taxes | 450/3 | €5,349 | €1,335 | -€4,014 | -75.0% |
| Remuneration and social security | 454/9 | €5,833 | - | -€5,833 | |
| Other amounts payable | 47/48 | €23 | €3,094 | +€3,071 | +13,350% |
| Accrued charges and deferred income | 492/3 | €3,181 | - | -€3,181 | |
| Remuneration, social security and pensions | 62 | €4,047 | - | -€4,047 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €267 | +€267 | |
| Other operating charges | 640/8 | €2,176 | €63 | -€2,112 | -97.1% |
| Gross operating margin | 9900 | €11,857 | €11,677 | -€180 | -1.5% |
| Operating profit (loss) | 9901 | €5,634 | €11,346 | +€5,712 | +101% |
| Financial charges | 65/66B | €1,546 | €408 | -€1,138 | -73.6% |
| Recurring financial charges | 65 | €1,546 | €408 | -€1,138 | -73.6% |
| Profit (loss) for the period before taxes | 9903 | €4,088 | €10,938 | +€6,850 | +168% |
| Income taxes | 67/77 | - | €18 | +€18 | |
| Profit (loss) for the period | 9904 | €4,088 | €10,919 | +€6,831 | +167% |
| Profit (loss) for the period to be appropriated | 9905 | €4,088 | €10,919 | +€6,831 | +167% |
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 30 October 2026 via checked.be.