AD AUTOMOTIVE: what changed
AD AUTOMOTIVE
Largest movements
- Tangible fixed assets -€7,829
down €7,829 (-25.5%), from €30,713 to €22,884
- Stocks and contracts +€6,900
new in 2025: €6,900
- Cash -€3,471
down €3,471 (-4.5%), from €77,861 to €74,390
mainly Investment in fixed assets (net) (-€8,991) and Stocks and contracts (-€6,900)
- Receivables within one year +€3,201
up €3,201 (+11.0%), from €29,144 to €32,345
of which Trade receivables: +€2,905
- Trade debts -€6,010
down €6,010 (-13.9%), from €43,132 to €37,122
- Profit (loss) carried forward +€3,023
up €3,023 (+4.2%), from €71,164 to €74,187
- Tax, wage and social debts +€1,788
up €1,788 (+19.5%), from €9,162 to €10,950
- Depreciation +€10,309
up €10,309 (+158%), from €6,511 to €16,820
- Taxes -€2,796
down €2,796 (-75.4%), from €3,707 to €911
- Other operating charges -€1,207
down €1,207 (-30.1%), from €4,016 to €2,809
- Financial charges -€933
down €933 (-34.3%), from €2,717 to €1,784
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €137,718 | €136,519 | -€1,199 | -0.9% |
| Fixed assets | 21/28 | €30,713 | €22,884 | -€7,829 | -25.5% |
| Tangible fixed assets | 22/27 | €30,713 | €22,884 | -€7,829 | -25.5% |
| Plant, machinery and equipment | 23 | €30,713 | €22,884 | -€7,829 | -25.5% |
| Current assets | 29/58 | €107,005 | €113,635 | +€6,630 | +6.2% |
| Stocks and contracts in progress | 3 | - | €6,900 | +€6,900 | |
| Stocks | 30/36 | - | €6,900 | +€6,900 | |
| Amounts receivable within one year | 40/41 | €29,144 | €32,345 | +€3,201 | +11.0% |
| Trade receivables | 40 | €9,098 | €12,003 | +€2,905 | +31.9% |
| Other amounts receivable | 41 | €20,046 | €20,342 | +€296 | +1.5% |
| Cash at bank and in hand | 54/58 | €77,861 | €74,390 | -€3,471 | -4.5% |
| Total equity and liabilities | 10/49 | €137,718 | €136,519 | -€1,199 | -0.9% |
| Equity | 10/15 | €85,424 | €88,447 | +€3,023 | +3.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,164 | €74,187 | +€3,023 | +4.2% |
| Amounts payable | 17/49 | €52,294 | €48,072 | -€4,222 | -8.1% |
| Amounts payable within one year | 42/48 | €52,294 | €48,072 | -€4,222 | -8.1% |
| Trade debts | 44 | €43,132 | €37,122 | -€6,010 | -13.9% |
| Suppliers | 440/4 | €43,132 | €37,122 | -€6,010 | -13.9% |
| Taxes, remuneration and social security | 45 | €9,162 | €10,950 | +€1,788 | +19.5% |
| Taxes | 450/3 | €9,162 | €10,950 | +€1,788 | +19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,511 | €16,820 | +€10,309 | +158% |
| Other operating charges | 640/8 | €4,016 | €2,809 | -€1,207 | -30.1% |
| Gross operating margin | 9900 | €25,328 | €25,348 | +€20 | +0.1% |
| Operating profit (loss) | 9901 | €14,801 | €5,719 | -€9,082 | -61.4% |
| Financial charges | 65/66B | €2,717 | €1,784 | -€933 | -34.3% |
| Recurring financial charges | 65 | €2,717 | €1,784 | -€933 | -34.3% |
| Profit (loss) for the period before taxes | 9903 | €12,084 | €3,935 | -€8,149 | -67.4% |
| Income taxes | 67/77 | €3,707 | €911 | -€2,796 | -75.4% |
| Profit (loss) for the period | 9904 | €8,377 | €3,024 | -€5,353 | -63.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,377 | €3,024 | -€5,353 | -63.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.