ADESKO ENGINEERING & CONSTRUCTION: 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.
ADESKO ENGINEERING & CONSTRUCTION
Largest movements
- Receivables within one year +€54,743
up €54,743 (+17.2%), from €319,109 to €373,851
of which Trade receivables: +€61,064
- Cash -€14,546
down €14,546 (-32.6%), from €44,675 to €30,129
mainly Other debts (-€92,034) and Debts after one year (-€65,000)
- Intangible fixed assets -€14,287
down €14,287 (-100%), from €14,287 to €0
- Tangible fixed assets -€8,729
down €8,729 (-13.1%), from €66,581 to €57,853
- Contributions +€200,000
up €200,000 (+200%), from €100,000 to €300,000
- Other debts -€92,034
down €92,034 (-46.5%), from €197,832 to €105,798
- Debts after one year -€65,000
down €65,000 (-39.4%), from €165,000 to €100,000
- Profit (loss) carried forward -€31,233
down €31,233 (-19.4%), from -€160,936 to -€192,169
- Trade debts +€14,947
up €14,947 (+11.4%), from €130,584 to €145,530
- Gross operating margin +€91,758
up €91,758 (+46.9%), from €195,805 to €287,563
- Staff costs +€49,633
up €49,633 (+20.5%), from €242,474 to €292,107
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 | €469,652 | €488,834 | +€19,181 | +4.1% |
| Fixed assets | 21/28 | €80,868 | €57,853 | -€23,016 | -28.5% |
| Intangible fixed assets | 21 | €14,287 | €0 | -€14,287 | -100% |
| Tangible fixed assets | 22/27 | €66,581 | €57,853 | -€8,729 | -13.1% |
| Plant, machinery and equipment | 23 | €66,581 | €57,853 | -€8,729 | -13.1% |
| Current assets | 29/58 | €388,784 | €430,981 | +€42,197 | +10.9% |
| Stocks and contracts in progress | 3 | €25,000 | €27,000 | +€2,000 | +8.0% |
| Stocks | 30/36 | €25,000 | €27,000 | +€2,000 | +8.0% |
| Amounts receivable within one year | 40/41 | €319,109 | €373,851 | +€54,743 | +17.2% |
| Trade receivables | 40 | €293,575 | €354,639 | +€61,064 | +20.8% |
| Other amounts receivable | 41 | €25,534 | €19,212 | -€6,321 | -24.8% |
| Cash at bank and in hand | 54/58 | €44,675 | €30,129 | -€14,546 | -32.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €469,652 | €488,834 | +€19,181 | +4.1% |
| Equity | 10/15 | -€60,936 | €107,831 | +€168,767 | |
| Contributions | 10/11 | €100,000 | €300,000 | +€200,000 | +200% |
| Profit (loss) carried forward | 14 | -€160,936 | -€192,169 | -€31,233 | -19.4% |
| Amounts payable | 17/49 | €530,588 | €381,003 | -€149,585 | -28.2% |
| Amounts payable after more than one year | 17 | €165,000 | €100,000 | -€65,000 | -39.4% |
| Other amounts payable | 178/9 | €165,000 | €100,000 | -€65,000 | -39.4% |
| Amounts payable within one year | 42/48 | €365,588 | €281,003 | -€84,585 | -23.1% |
| Financial debts | 43 | €144 | €144 | = | 0.0% |
| Credit institutions | 430/8 | €144 | €144 | = | 0.0% |
| Trade debts | 44 | €130,584 | €145,530 | +€14,947 | +11.4% |
| Suppliers | 440/4 | €130,584 | €145,530 | +€14,947 | +11.4% |
| Taxes, remuneration and social security | 45 | €37,028 | €29,530 | -€7,498 | -20.2% |
| Taxes | 450/3 | €7,238 | €31 | -€7,206 | -99.6% |
| Remuneration and social security | 454/9 | €29,790 | €29,499 | -€291 | -1.0% |
| Other amounts payable | 47/48 | €197,832 | €105,798 | -€92,034 | -46.5% |
| Remuneration, social security and pensions | 62 | €242,474 | €292,107 | +€49,633 | +20.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,996 | €23,759 | +€1,763 | +8.0% |
| Other operating charges | 640/8 | €505 | €2,370 | +€1,864 | +369% |
| Gross operating margin | 9900 | €195,805 | €287,563 | +€91,758 | +46.9% |
| Operating profit (loss) | 9901 | -€69,170 | -€30,673 | +€38,497 | +55.7% |
| Financial income | 75/76B | €176 | €0 | -€176 | -100.0% |
| Recurring financial income | 75 | €176 | €0 | -€176 | -100.0% |
| Financial charges | 65/66B | €650 | €561 | -€89 | -13.7% |
| Recurring financial charges | 65 | €650 | €561 | -€89 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | -€69,644 | -€31,233 | +€38,411 | +55.2% |
| Profit (loss) for the period | 9904 | -€69,644 | -€31,233 | +€38,411 | +55.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,644 | -€31,233 | +€38,411 | +55.2% |
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 21 October 2026 via checked.be.