ADS-AUTOCARS NEXT GENERATION: what changed
ADS-AUTOCARS NEXT GENERATION
Largest movements
- Cash +€40,647
up €40,647 (+16.0%), from €253,398 to €294,046
mainly Net result for the year (+€66,725) and Depreciation (+€11,496)
- Tangible fixed assets -€8,026
down €8,026 (-25.8%), from €31,159 to €23,133
of which Furniture and vehicles: -€11,038
- Receivables within one year -€6,540
down €6,540 (-13.2%), from €49,699 to €43,159
of which Other amounts receivable: -€5,674
- Reserves +€66,000
up €66,000 (+46.8%), from €140,896 to €206,896
of which Distributable reserves: +€66,000
- Current portion of long-term debt -€26,088
down €26,088 (-74.6%), from €34,983 to €8,895
- Trade debts -€12,148
down €12,148 (-67.0%), from €18,124 to €5,976
- Tax, wage and social debts +€9,255
up €9,255 (+66.7%), from €13,866 to €23,120
- Debts after one year -€8,895
no longer reported in 2025 (was €8,895)
- Gross operating margin -€80,182
down €80,182 (-17.6%), from €456,066 to €375,884
- Financial income -€71,237
down €71,237 (-89.7%), from €79,392 to €8,155
of which Non-recurring financial income: -€74,254
- Depreciation -€44,002
down €44,002 (-79.3%), from €55,498 to €11,496
- Financial charges -€20,797
down €20,797 (-76.8%), from €27,080 to €6,283
of which Non-recurring financial charges: -€19,912
- Staff costs -€14,244
down €14,244 (-5.2%), from €276,246 to €262,001
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 | €334,806 | €360,887 | +€26,081 | +7.8% |
| Fixed assets | 21/28 | €31,709 | €23,683 | -€8,026 | -25.3% |
| Tangible fixed assets | 22/27 | €31,159 | €23,133 | -€8,026 | -25.8% |
| Plant, machinery and equipment | 23 | €1,070 | €4,082 | +€3,012 | +281% |
| Furniture and vehicles | 24 | €30,089 | €19,051 | -€11,038 | -36.7% |
| Financial fixed assets | 28 | €550 | €550 | = | 0.0% |
| Current assets | 29/58 | €303,097 | €337,205 | +€34,107 | +11.3% |
| Amounts receivable within one year | 40/41 | €49,699 | €43,159 | -€6,540 | -13.2% |
| Trade receivables | 40 | €26,016 | €25,149 | -€866 | -3.3% |
| Other amounts receivable | 41 | €23,683 | €18,010 | -€5,674 | -24.0% |
| Cash at bank and in hand | 54/58 | €253,398 | €294,046 | +€40,647 | +16.0% |
| Total equity and liabilities | 10/49 | €334,806 | €360,887 | +€26,081 | +7.8% |
| Equity | 10/15 | €251,503 | €318,228 | +€66,725 | +26.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €140,896 | €206,896 | +€66,000 | +46.8% |
| Tax-exempt reserves | 132 | €2,896 | €2,896 | = | 0.0% |
| Distributable reserves | 133 | €138,000 | €204,000 | +€66,000 | +47.8% |
| Profit (loss) carried forward | 14 | €60,608 | €61,333 | +€725 | +1.2% |
| Amounts payable | 17/49 | €83,303 | €42,659 | -€40,644 | -48.8% |
| Amounts payable after more than one year | 17 | €8,895 | - | -€8,895 | |
| Financial debts | 170/4 | €8,895 | - | -€8,895 | |
| Amounts payable within one year | 42/48 | €74,408 | €42,659 | -€31,749 | -42.7% |
| Current portion of amounts payable after more than one year | 42 | €34,983 | €8,895 | -€26,088 | -74.6% |
| Trade debts | 44 | €18,124 | €5,976 | -€12,148 | -67.0% |
| Suppliers | 440/4 | €18,124 | €5,976 | -€12,148 | -67.0% |
| Advances received on contracts in progress | 46 | €6,306 | €3,327 | -€2,980 | -47.2% |
| Taxes, remuneration and social security | 45 | €13,866 | €23,120 | +€9,255 | +66.7% |
| Taxes | 450/3 | €13,866 | €23,120 | +€9,255 | +66.7% |
| Other amounts payable | 47/48 | €1,129 | €1,340 | +€211 | +18.7% |
| Remuneration, social security and pensions | 62 | €276,246 | €262,001 | -€14,244 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,498 | €11,496 | -€44,002 | -79.3% |
| Other operating charges | 640/8 | €2,980 | €5,568 | +€2,588 | +86.9% |
| Gross operating margin | 9900 | €456,066 | €375,884 | -€80,182 | -17.6% |
| Operating profit (loss) | 9901 | €121,343 | €96,819 | -€24,524 | -20.2% |
| Financial income | 75/76B | €79,392 | €8,155 | -€71,237 | -89.7% |
| Recurring financial income | 75 | €503 | €3,520 | +€3,017 | +600% |
| Non-recurring financial income | 76B | €78,890 | €4,635 | -€74,254 | -94.1% |
| Financial charges | 65/66B | €27,080 | €6,283 | -€20,797 | -76.8% |
| Recurring financial charges | 65 | €2,313 | €1,428 | -€885 | -38.3% |
| Non-recurring financial charges | 66B | €24,767 | €4,855 | -€19,912 | -80.4% |
| Profit (loss) for the period before taxes | 9903 | €173,655 | €98,690 | -€74,964 | -43.2% |
| Income taxes | 67/77 | €35,479 | €31,965 | -€3,514 | -9.9% |
| Profit (loss) for the period | 9904 | €138,175 | €66,725 | -€71,450 | -51.7% |
| Profit (loss) for the period to be appropriated | 9905 | €138,175 | €66,725 | -€71,450 | -51.7% |
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 1 November 2026 via checked.be.