ADSS: 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.
ADSS
Largest movements
- Tangible fixed assets -€3,780
down €3,780 (-44.8%), from €8,436 to €4,657
of which Plant, machinery and equipment: -€4,177
- Cash -€3,154
down €3,154 (-24.2%), from €13,046 to €9,893
mainly Tax, wage and social debts (-€14,324) and Current portion of long-term debt (-€5,374)
- Receivables within one year -€1,935
down €1,935 (-5.5%), from €35,338 to €33,403
of which Other amounts receivable: -€4,828
- Tax, wage and social debts -€14,324
down €14,324 (-83.7%), from €17,104 to €2,780
of which Taxes: -€14,442
- Profit (loss) carried forward +€12,539
up €12,539 (+19.5%), from -€64,207 to -€51,668
- Current portion of long-term debt -€5,374
no longer reported in 2025 (was €5,374)
- Short-term financial debts -€1,228
down €1,228 (-99.1%), from €1,239 to €11
- Gross operating margin +€79,766
up €79,766, from -€52,258 to €27,507
- Financial charges +€1,844
up €1,844 (+34.6%), from €5,331 to €7,175
- Staff costs +€1,539
new in 2025: €1,539
- Depreciation -€1,072
down €1,072 (-18.4%), from €5,843 to €4,771
- Other operating charges +€534
up €534 (+36.1%), from €1,482 to €2,016
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 | €67,768 | €59,437 | -€8,331 | -12.3% |
| Fixed assets | 21/28 | €8,718 | €4,939 | -€3,780 | -43.4% |
| Tangible fixed assets | 22/27 | €8,436 | €4,657 | -€3,780 | -44.8% |
| Land and buildings | 22 | €540 | - | -€540 | |
| Plant, machinery and equipment | 23 | €7,897 | €3,719 | -€4,177 | -52.9% |
| Furniture and vehicles | 24 | - | €938 | +€938 | |
| Financial fixed assets | 28 | €282 | €282 | = | 0.0% |
| Current assets | 29/58 | €59,049 | €54,498 | -€4,552 | -7.7% |
| Amounts receivable within one year | 40/41 | €35,338 | €33,403 | -€1,935 | -5.5% |
| Trade receivables | 40 | €6,842 | €9,735 | +€2,893 | +42.3% |
| Other amounts receivable | 41 | €28,496 | €23,668 | -€4,828 | -16.9% |
| Cash at bank and in hand | 54/58 | €13,046 | €9,893 | -€3,154 | -24.2% |
| Deferred charges and accrued income | 490/1 | €10,665 | €11,202 | +€537 | +5.0% |
| Total equity and liabilities | 10/49 | €67,768 | €59,437 | -€8,331 | -12.3% |
| Equity | 10/15 | €7,057 | €19,597 | +€12,539 | +178% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €65,064 | €65,064 | = | 0.0% |
| Distributable reserves | 133 | €65,064 | €65,064 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,207 | -€51,668 | +€12,539 | +19.5% |
| Amounts payable | 17/49 | €60,710 | €39,840 | -€20,870 | -34.4% |
| Amounts payable within one year | 42/48 | €60,710 | €39,840 | -€20,870 | -34.4% |
| Current portion of amounts payable after more than one year | 42 | €5,374 | - | -€5,374 | |
| Financial debts | 43 | €1,239 | €11 | -€1,228 | -99.1% |
| Credit institutions | 430/8 | €1,239 | €11 | -€1,228 | -99.1% |
| Trade debts | 44 | €36,992 | €37,049 | +€56 | +0.2% |
| Suppliers | 440/4 | €36,992 | €37,049 | +€56 | +0.2% |
| Taxes, remuneration and social security | 45 | €17,104 | €2,780 | -€14,324 | -83.7% |
| Taxes | 450/3 | €17,104 | €2,662 | -€14,442 | -84.4% |
| Remuneration and social security | 454/9 | - | €118 | +€118 | |
| Remuneration, social security and pensions | 62 | - | €1,539 | +€1,539 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,843 | €4,771 | -€1,072 | -18.4% |
| Other operating charges | 640/8 | €1,482 | €2,016 | +€534 | +36.1% |
| Gross operating margin | 9900 | -€52,258 | €27,507 | +€79,766 | |
| Operating profit (loss) | 9901 | -€59,583 | €19,182 | +€78,765 | |
| Financial income | 75/76B | €1,000 | €721 | -€279 | -27.9% |
| Recurring financial income | 75 | €1,000 | €721 | -€279 | -27.9% |
| Financial charges | 65/66B | €5,331 | €7,175 | +€1,844 | +34.6% |
| Recurring financial charges | 65 | €5,331 | €7,175 | +€1,844 | +34.6% |
| Profit (loss) for the period before taxes | 9903 | -€63,915 | €12,727 | +€76,642 | |
| Income taxes | 67/77 | €292 | €188 | -€104 | -35.5% |
| Profit (loss) for the period | 9904 | -€64,207 | €12,539 | +€76,746 | |
| Profit (loss) for the period to be appropriated | 9905 | -€64,207 | €12,539 | +€76,746 |
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 27 October 2026 via checked.be.