ADS Creations: 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 Creations
Largest movements
- Cash -€14,938
down €14,938 (-15.7%), from €95,341 to €80,404
mainly Debts after one year (-€10,519) and Net result for the year (-€9,678)
- Stocks and contracts -€5,280
down €5,280 (-84.3%), from €6,265 to €985
- Tangible fixed assets -€3,608
down €3,608 (-40.2%), from €8,981 to €5,373
of which Plant, machinery and equipment: -€2,335
- Receivables within one year -€2,937
down €2,937 (-7.4%), from €39,900 to €36,963
of which Trade receivables: -€3,576
- Debts after one year -€10,519
down €10,519 (-20.7%), from €50,913 to €40,394
- Reserves -€9,678
down €9,678 (-11.9%), from €81,272 to €71,594
- Tax, wage and social debts -€3,252
down €3,252 (-94.0%), from €3,458 to €206
- Other debts -€2,992
down €2,992 (-98.8%), from €3,029 to €37
- Gross operating margin -€33,744
down €33,744, from €31,143 to -€2,601
- Taxes -€5,571
down €5,571 (-100%), from €5,571 to €0
- Financial charges -€4,233
down €4,233 (-57.5%), from €7,364 to €3,130
- Depreciation -€724
down €724 (-20.6%), from €3,510 to €2,785
- Other operating charges -€333
down €333 (-33.2%), from €1,001 to €669
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 | €151,208 | €124,621 | -€26,587 | -17.6% |
| Fixed assets | 21/28 | €8,981 | €5,373 | -€3,608 | -40.2% |
| Tangible fixed assets | 22/27 | €8,981 | €5,373 | -€3,608 | -40.2% |
| Plant, machinery and equipment | 23 | €7,709 | €5,373 | -€2,335 | -30.3% |
| Furniture and vehicles | 24 | €1,273 | €0 | -€1,273 | -100% |
| Current assets | 29/58 | €142,226 | €119,247 | -€22,979 | -16.2% |
| Stocks and contracts in progress | 3 | €6,265 | €985 | -€5,280 | -84.3% |
| Stocks | 30/36 | €6,265 | €985 | -€5,280 | -84.3% |
| Amounts receivable within one year | 40/41 | €39,900 | €36,963 | -€2,937 | -7.4% |
| Trade receivables | 40 | €3,647 | €71 | -€3,576 | -98.1% |
| Other amounts receivable | 41 | €36,253 | €36,892 | +€639 | +1.8% |
| Cash at bank and in hand | 54/58 | €95,341 | €80,404 | -€14,938 | -15.7% |
| Deferred charges and accrued income | 490/1 | €720 | €896 | +€176 | +24.4% |
| Total equity and liabilities | 10/49 | €151,208 | €124,621 | -€26,587 | -17.6% |
| Equity | 10/15 | €82,272 | €72,594 | -€9,678 | -11.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €81,272 | €71,594 | -€9,678 | -11.9% |
| Distributable reserves | 133 | €81,272 | €71,594 | -€9,678 | -11.9% |
| Amounts payable | 17/49 | €68,936 | €52,027 | -€16,909 | -24.5% |
| Amounts payable after more than one year | 17 | €50,913 | €40,394 | -€10,519 | -20.7% |
| Financial debts | 170/4 | €50,913 | €40,394 | -€10,519 | -20.7% |
| Amounts payable within one year | 42/48 | €17,202 | €11,434 | -€5,768 | -33.5% |
| Current portion of amounts payable after more than one year | 42 | €9,982 | €10,519 | +€537 | +5.4% |
| Trade debts | 44 | €733 | €673 | -€61 | -8.3% |
| Suppliers | 440/4 | €733 | €673 | -€61 | -8.3% |
| Taxes, remuneration and social security | 45 | €3,458 | €206 | -€3,252 | -94.0% |
| Taxes | 450/3 | €3,458 | €206 | -€3,252 | -94.0% |
| Other amounts payable | 47/48 | €3,029 | €37 | -€2,992 | -98.8% |
| Accrued charges and deferred income | 492/3 | €821 | €198 | -€622 | -75.8% |
| Non-recurring operating income | 76A | €1,500 | €0 | -€1,500 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,510 | €2,785 | -€724 | -20.6% |
| Other operating charges | 640/8 | €1,001 | €669 | -€333 | -33.2% |
| Non-recurring operating charges | 66A | - | €800 | +€800 | |
| Gross operating margin | 9900 | €31,143 | -€2,601 | -€33,744 | |
| Operating profit (loss) | 9901 | €26,632 | -€6,855 | -€33,487 | |
| Financial income | 75/76B | €403 | €308 | -€95 | -23.6% |
| Recurring financial income | 75 | €403 | €308 | -€95 | -23.6% |
| Financial charges | 65/66B | €7,364 | €3,130 | -€4,233 | -57.5% |
| Recurring financial charges | 65 | €7,364 | €3,130 | -€4,233 | -57.5% |
| Profit (loss) for the period before taxes | 9903 | €19,671 | -€9,678 | -€29,349 | |
| Income taxes | 67/77 | €5,571 | €0 | -€5,571 | -100% |
| Profit (loss) for the period | 9904 | €14,100 | -€9,678 | -€23,778 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,100 | -€9,678 | -€23,778 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.