ADS CERAMICS: 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.
ADS CERAMICS
Largest movements
- Receivables within one year -€6,784
down €6,784 (-11.9%), from €56,994 to €50,210
of which Trade receivables: -€11,119
- Cash +€5,014
up €5,014 (+94.7%), from €5,295 to €10,310
mainly Receivables within one year (+€6,784) and Depreciation (+€2,202)
- Tangible fixed assets -€2,202
down €2,202 (-11.0%), from €20,012 to €17,810
of which Land and buildings: -€1,837
- Deferred charges and accrued income -€1,637
down €1,637 (-99.4%), from €1,647 to €10
- Tax, wage and social debts -€5,154
down €5,154 (-61.2%), from €8,418 to €3,264
of which Remuneration and social security: -€7,200
- Trade debts -€2,246
no longer reported in 2025 (was €2,246)
- Profit (loss) carried forward +€1,792
up €1,792 (+7.9%), from €22,723 to €24,515
- Taxes +€1,878
up €1,878 (+394%), from €477 to €2,355
- Gross operating margin +€1,015
up €1,015 (+21.7%), from €4,680 to €5,694
- Other operating charges -€220
down €220 (-13.0%), from €1,688 to €1,468
- Financial charges +€216
up €216 (+97.7%), from €221 to €438
- Financial income -€185
down €185 (-6.7%), from €2,746 to €2,561
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 | €83,948 | €78,339 | -€5,608 | -6.7% |
| Fixed assets | 21/28 | €20,012 | €17,810 | -€2,202 | -11.0% |
| Tangible fixed assets | 22/27 | €20,012 | €17,810 | -€2,202 | -11.0% |
| Land and buildings | 22 | €19,376 | €17,539 | -€1,837 | -9.5% |
| Furniture and vehicles | 24 | €636 | €271 | -€365 | -57.4% |
| Current assets | 29/58 | €63,936 | €60,529 | -€3,407 | -5.3% |
| Amounts receivable within one year | 40/41 | €56,994 | €50,210 | -€6,784 | -11.9% |
| Trade receivables | 40 | €11,326 | €207 | -€11,119 | -98.2% |
| Other amounts receivable | 41 | €45,668 | €50,002 | +€4,334 | +9.5% |
| Cash at bank and in hand | 54/58 | €5,295 | €10,310 | +€5,014 | +94.7% |
| Deferred charges and accrued income | 490/1 | €1,647 | €10 | -€1,637 | -99.4% |
| Total equity and liabilities | 10/49 | €83,948 | €78,339 | -€5,608 | -6.7% |
| Equity | 10/15 | €65,283 | €67,076 | +€1,792 | +2.7% |
| Contributions | 10/11 | €6,750 | €6,750 | = | 0.0% |
| Reserves | 13 | €35,811 | €35,811 | = | 0.0% |
| Distributable reserves | 133 | €35,811 | €35,811 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,723 | €24,515 | +€1,792 | +7.9% |
| Amounts payable | 17/49 | €18,664 | €11,264 | -€7,400 | -39.7% |
| Amounts payable within one year | 42/48 | €18,664 | €11,264 | -€7,400 | -39.7% |
| Trade debts | 44 | €2,246 | - | -€2,246 | |
| Suppliers | 440/4 | €2,246 | - | -€2,246 | |
| Taxes, remuneration and social security | 45 | €8,418 | €3,264 | -€5,154 | -61.2% |
| Taxes | 450/3 | €1,218 | €3,264 | +€2,046 | +168% |
| Remuneration and social security | 454/9 | €7,200 | - | -€7,200 | |
| Other amounts payable | 47/48 | €8,000 | €8,000 | = | 0.0% |
| Non-recurring operating income | 76A | - | €826 | +€826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,202 | €2,202 | = | 0.0% |
| Other operating charges | 640/8 | €1,688 | €1,468 | -€220 | -13.0% |
| Gross operating margin | 9900 | €4,680 | €5,694 | +€1,015 | +21.7% |
| Operating profit (loss) | 9901 | €790 | €2,024 | +€1,235 | +156% |
| Financial income | 75/76B | €2,746 | €2,561 | -€185 | -6.7% |
| Recurring financial income | 75 | €2,746 | €2,561 | -€185 | -6.7% |
| Financial charges | 65/66B | €221 | €438 | +€216 | +97.7% |
| Recurring financial charges | 65 | €221 | €438 | +€216 | +97.7% |
| Profit (loss) for the period before taxes | 9903 | €3,314 | €4,148 | +€833 | +25.1% |
| Income taxes | 67/77 | €477 | €2,355 | +€1,878 | +394% |
| Profit (loss) for the period | 9904 | €2,837 | €1,792 | -€1,045 | -36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,837 | €1,792 | -€1,045 | -36.8% |
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 24 October 2026 via checked.be.