ADDVANCE: 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.
ADDVANCE
Largest movements
- Cash -€16,119
down €16,119 (-12.7%), from €127,074 to €110,955
mainly Contributions, distributions and other (-€32,500) and Debts after one year (-€8,030)
- Tangible fixed assets -€3,057
down €3,057 (-4.2%), from €72,668 to €69,611
of which Leasing and similar rights: -€4,416
- Reserves -€14,978
down €14,978 (-10.0%), from €150,531 to €135,553
- Debts after one year -€8,030
down €8,030 (-19.9%), from €40,430 to €32,400
- Trade debts +€3,284
up €3,284 (+654%), from €502 to €3,786
- Gross operating margin -€49,890
down €49,890 (-42.6%), from €116,984 to €67,095
- Taxes -€15,346
down €15,346 (-70.4%), from €21,800 to €6,455
- Staff costs +€1,324
up €1,324 (+4.1%), from €32,302 to €33,626
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 | €214,843 | €196,803 | -€18,040 | -8.4% |
| Fixed assets | 21/28 | €72,668 | €69,611 | -€3,057 | -4.2% |
| Tangible fixed assets | 22/27 | €72,668 | €69,611 | -€3,057 | -4.2% |
| Plant, machinery and equipment | 23 | €1,131 | €113 | -€1,017 | -90.0% |
| Furniture and vehicles | 24 | €5,294 | €7,671 | +€2,377 | +44.9% |
| Leasing and similar rights | 25 | €66,243 | €61,827 | -€4,416 | -6.7% |
| Current assets | 29/58 | €142,175 | €127,192 | -€14,984 | -10.5% |
| Amounts receivable within one year | 40/41 | €14,654 | €15,743 | +€1,089 | +7.4% |
| Trade receivables | 40 | €11,178 | €6,809 | -€4,369 | -39.1% |
| Other amounts receivable | 41 | €3,476 | €8,934 | +€5,459 | +157% |
| Cash at bank and in hand | 54/58 | €127,074 | €110,955 | -€16,119 | -12.7% |
| Deferred charges and accrued income | 490/1 | €447 | €494 | +€47 | +10.4% |
| Total equity and liabilities | 10/49 | €214,843 | €196,803 | -€18,040 | -8.4% |
| Equity | 10/15 | €156,731 | €141,753 | -€14,978 | -9.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €150,531 | €135,553 | -€14,978 | -10.0% |
| Distributable reserves | 133 | €150,531 | €135,553 | -€14,978 | -10.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €58,111 | €55,049 | -€3,062 | -5.3% |
| Amounts payable after more than one year | 17 | €40,430 | €32,400 | -€8,030 | -19.9% |
| Financial debts | 170/4 | €40,430 | €32,400 | -€8,030 | -19.9% |
| Amounts payable within one year | 42/48 | €17,682 | €22,650 | +€4,968 | +28.1% |
| Current portion of amounts payable after more than one year | 42 | €11,357 | €11,930 | +€573 | +5.0% |
| Trade debts | 44 | €502 | €3,786 | +€3,284 | +654% |
| Suppliers | 440/4 | €502 | €3,786 | +€3,284 | +654% |
| Taxes, remuneration and social security | 45 | €5,823 | €5,348 | -€474 | -8.1% |
| Taxes | 450/3 | €1,732 | €1,087 | -€645 | -37.2% |
| Remuneration and social security | 454/9 | €4,090 | €4,261 | +€171 | +4.2% |
| Other amounts payable | 47/48 | €0 | €1,585 | +€1,585 | |
| Remuneration, social security and pensions | 62 | €32,302 | €33,626 | +€1,324 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,792 | €7,580 | +€788 | +11.6% |
| Other operating charges | 640/8 | €702 | €717 | +€15 | +2.1% |
| Gross operating margin | 9900 | €116,984 | €67,095 | -€49,890 | -42.6% |
| Operating profit (loss) | 9901 | €77,188 | €25,172 | -€52,016 | -67.4% |
| Financial income | 75/76B | €1,586 | €695 | -€891 | -56.2% |
| Recurring financial income | 75 | €1,586 | €695 | -€891 | -56.2% |
| Financial charges | 65/66B | €1,773 | €1,891 | +€118 | +6.7% |
| Recurring financial charges | 65 | €1,773 | €1,891 | +€118 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €77,001 | €23,976 | -€53,025 | -68.9% |
| Income taxes | 67/77 | €21,800 | €6,455 | -€15,346 | -70.4% |
| Profit (loss) for the period | 9904 | €55,201 | €17,522 | -€37,679 | -68.3% |
| Profit (loss) for the period to be appropriated | 9905 | €55,201 | €17,522 | -€37,679 | -68.3% |
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 23 October 2026 via checked.be.