ADAS: what changed
Two fiscal 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.
ADAS
Largest movements
- Tangible fixed assets -€13,473
down €13,473 (-9.5%), from €141,994 to €128,521
of which Land and buildings: -€11,860
- Other debts -€23,061
down €23,061 (-87.1%), from €26,487 to €3,425
- Reserves +€9,140
up €9,140 (+16.0%), from €57,292 to €66,432
- Gross operating margin -€2,327
down €2,327 (-5.9%), from €39,655 to €37,329
- Financial charges +€1,512
up €1,512 (+39.6%), from €3,815 to €5,327
- Depreciation +€415
up €415 (+3.0%), from €13,895 to €14,310
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €267,605 | €252,551 | -€15,054 | -5.6% |
| Fixed assets | 21/28 | €141,994 | €128,521 | -€13,473 | -9.5% |
| Tangible fixed assets | 22/27 | €141,994 | €128,521 | -€13,473 | -9.5% |
| Land and buildings | 22 | €134,930 | €123,070 | -€11,860 | -8.8% |
| Plant, machinery and equipment | 23 | €769 | €277 | -€492 | -64.0% |
| Furniture and vehicles | 24 | €6,295 | €5,174 | -€1,121 | -17.8% |
| Current assets | 29/58 | €125,611 | €124,031 | -€1,581 | -1.3% |
| Amounts receivable within one year | 40/41 | €23,385 | €23,385 | = | 0.0% |
| Trade receivables | 40 | €8,385 | €8,385 | = | 0.0% |
| Other amounts receivable | 41 | €15,000 | €15,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €102,226 | €100,645 | -€1,581 | -1.5% |
| Total equity and liabilities | 10/49 | €267,605 | €252,551 | -€15,054 | -5.6% |
| Equity | 10/15 | €82,081 | €91,221 | +€9,140 | +11.1% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €57,292 | €66,432 | +€9,140 | +16.0% |
| Distributable reserves | 133 | €57,292 | €66,432 | +€9,140 | +16.0% |
| Amounts payable | 17/49 | €185,524 | €161,330 | -€24,194 | -13.0% |
| Amounts payable after more than one year | 17 | €129,500 | €129,500 | = | 0.0% |
| Financial debts | 170/4 | €129,500 | €129,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €56,024 | €31,830 | -€24,194 | -43.2% |
| Current portion of amounts payable after more than one year | 42 | €21,000 | €21,000 | = | 0.0% |
| Trade debts | 44 | €1,427 | €54 | -€1,373 | -96.2% |
| Suppliers | 440/4 | €1,427 | €54 | -€1,373 | -96.2% |
| Taxes, remuneration and social security | 45 | €7,110 | €7,351 | +€241 | +3.4% |
| Taxes | 450/3 | €7,110 | €7,351 | +€241 | +3.4% |
| Other amounts payable | 47/48 | €26,487 | €3,425 | -€23,061 | -87.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,895 | €14,310 | +€415 | +3.0% |
| Other operating charges | 640/8 | €2,694 | €2,727 | +€33 | +1.2% |
| Gross operating margin | 9900 | €39,655 | €37,329 | -€2,327 | -5.9% |
| Operating profit (loss) | 9901 | €23,066 | €20,292 | -€2,775 | -12.0% |
| Financial charges | 65/66B | €3,815 | €5,327 | +€1,512 | +39.6% |
| Recurring financial charges | 65 | €3,815 | €5,327 | +€1,512 | +39.6% |
| Profit (loss) for the period before taxes | 9903 | €19,251 | €14,964 | -€4,287 | -22.3% |
| Income taxes | 67/77 | €5,895 | €5,824 | -€70 | -1.2% |
| Profit (loss) for the period | 9904 | €13,356 | €9,140 | -€4,216 | -31.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,356 | €9,140 | -€4,216 | -31.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.