ADN Sportscars: what changed
What changed
ADN Sportscars
NACE 46.180, Agents specialised in the wholesale of other particular products
filed annual accounts (NBB)
Net result for the year
€13,635
2024 · -€6,781+€20,416
Equity
€2,418
2024 · -€11,217+€13,635
Cash
€106,322
2024 · €68,807+€37,514
Balance sheet total
€529,034
2024 · €521,904+€7,130
Largest movements
Assets
- Receivables within one year -€121,791
down €121,791 (-98.6%), from €123,506 to €1,714
of which Trade receivables: -€88,955
- Stocks and contracts +€73,191
up €73,191 (+22.4%), from €326,834 to €400,025
- Cash +€37,514
up €37,514 (+54.5%), from €68,807 to €106,322
mainly Receivables within one year (+€121,791) and Net result for the year (+€13,635)
- Intangible fixed assets +€19,433
new in 2025: €19,433
Equity and liabilities
- Profit (loss) carried forward +€13,635
up €13,635 (+89.6%), from -€15,217 to -€1,582
Income statement
- Gross operating margin +€23,471
up €23,471 (+92.2%), from €25,448 to €48,919
- Depreciation +€2,236
up €2,236 (+43.0%), from €5,201 to €7,437
- Other operating charges +€1,060
up €1,060 (+394%), from €269 to €1,329
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.
Result 2024
-€6,781
Gross operating margin
+€23,471
Staff costs
+€130
Depreciation
-€2,236
Other operating charges
-€1,060
Financial income
-€333
Financial charges
+€455
Taxes
-€10
Result 2025
€13,635
raises the resultlowers the result
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.
From operations
+€63,769
Investment
-€26,255
Financing
€0
Cash 2024
€68,807
From operations (derived)
+€63,769
Net result for the year
+€13,635
Depreciation
+€7,437
Stocks and contracts
-€73,191
Receivables within one year
+€121,791
Deferred charges and accrued income
+€601
Trade debts
-€2,179
Tax, wage and social debts
-€1,320
Other debts
-€3,008
Accrued charges and deferred income
+€2
Investment (derived)
-€26,255
Investment in fixed assets (net)
-€26,255
Cash 2025
€106,322
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €521,904 | €529,034 | +€7,130 | +1.4% |
| Fixed assets | 21/28 | €2,062 | €20,879 | +€18,817 | +913% |
| Intangible fixed assets | 21 | - | €19,433 | +€19,433 | |
| Tangible fixed assets | 22/27 | €1,712 | €1,097 | -€615 | -35.9% |
| Furniture and vehicles | 24 | €429 | €338 | -€91 | -21.2% |
| Other tangible fixed assets | 26 | €1,283 | €759 | -€524 | -40.8% |
| Financial fixed assets | 28 | €350 | €350 | = | 0.0% |
| Current assets | 29/58 | €519,842 | €508,155 | -€11,687 | -2.2% |
| Stocks and contracts in progress | 3 | €326,834 | €400,025 | +€73,191 | +22.4% |
| Stocks | 30/36 | €326,834 | €400,025 | +€73,191 | +22.4% |
| Amounts receivable within one year | 40/41 | €123,506 | €1,714 | -€121,791 | -98.6% |
| Trade receivables | 40 | €89,841 | €886 | -€88,955 | -99.0% |
| Other amounts receivable | 41 | €33,664 | €828 | -€32,836 | -97.5% |
| Cash at bank and in hand | 54/58 | €68,807 | €106,322 | +€37,514 | +54.5% |
| Deferred charges and accrued income | 490/1 | €695 | €94 | -€601 | -86.4% |
| Total equity and liabilities | 10/49 | €521,904 | €529,034 | +€7,130 | +1.4% |
| Equity | 10/15 | -€11,217 | €2,418 | +€13,635 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,217 | -€1,582 | +€13,635 | +89.6% |
| Amounts payable | 17/49 | €533,121 | €526,616 | -€6,505 | -1.2% |
| Amounts payable after more than one year | 17 | €500,000 | €500,000 | = | 0.0% |
| Financial debts | 170/4 | €500,000 | €500,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €33,050 | €26,542 | -€6,507 | -19.7% |
| Trade debts | 44 | €11,536 | €9,357 | -€2,179 | -18.9% |
| Suppliers | 440/4 | €11,536 | €9,357 | -€2,179 | -18.9% |
| Taxes, remuneration and social security | 45 | €5,707 | €4,387 | -€1,320 | -23.1% |
| Taxes | 450/3 | €5,707 | €4,387 | -€1,320 | -23.1% |
| Other amounts payable | 47/48 | €15,807 | €12,799 | -€3,008 | -19.0% |
| Accrued charges and deferred income | 492/3 | €72 | €74 | +€2 | +3.2% |
| Remuneration, social security and pensions | 62 | €145 | €15 | -€130 | -89.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,201 | €7,437 | +€2,236 | +43.0% |
| Other operating charges | 640/8 | €269 | €1,329 | +€1,060 | +394% |
| Gross operating margin | 9900 | €25,448 | €48,919 | +€23,471 | +92.2% |
| Operating profit (loss) | 9901 | €19,833 | €40,138 | +€20,305 | +102% |
| Financial income | 75/76B | €352 | €19 | -€333 | -94.7% |
| Recurring financial income | 75 | €352 | €19 | -€333 | -94.7% |
| Financial charges | 65/66B | €26,832 | €26,377 | -€455 | -1.7% |
| Recurring financial charges | 65 | €26,832 | €26,377 | -€455 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,647 | €13,780 | +€20,427 | |
| Income taxes | 67/77 | €134 | €144 | +€10 | +7.8% |
| Profit (loss) for the period | 9904 | -€6,781 | €13,635 | +€20,416 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,781 | €13,635 | +€20,416 |
Next steps
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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 2 November 2026 via checked.be.