ADEQUATE ADVICE: what changed
Two fiscal 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.
ADEQUATE ADVICE
Largest movements
- Receivables after one year +€78,000
new in 2024: €78,000
- Cash -€49,554
down €49,554 (-96.0%), from €51,638 to €2,084
mainly Other debts (-€90,000) and Receivables after one year (-€78,000)
- Financial fixed assets -€14,340
down €14,340 (-1.4%), from €992,373 to €978,033
- Profit (loss) carried forward +€95,244
up €95,244 (+17.4%), from €546,295 to €641,539
- Other debts -€90,000
down €90,000 (-21.1%), from €425,912 to €335,912
- Financial income +€62,304
up €62,304 (+180.6%), from €34,495 to €96,799
- Gross operating margin +€1,967
up €1,967 (+83.5%), from -€2,357 to -€390
- Other operating charges -€631
down €631 (-55.1%), from €1,144 to €513
- Financial charges +€154
up €154 (+31.1%), from €497 to €651
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,054,011 | €1,059,256 | +€5,244 | +0.5% |
| Fixed assets | 21/28 | €992,373 | €978,033 | -€14,340 | -1.4% |
| Financial fixed assets | 28 | €992,373 | €978,033 | -€14,340 | -1.4% |
| Current assets | 29/58 | €61,638 | €81,223 | +€19,584 | +31.8% |
| Amounts receivable after more than one year | 29 | - | €78,000 | +€78,000 | |
| Other amounts receivable | 291 | - | €78,000 | +€78,000 | |
| Amounts receivable within one year | 40/41 | €10,000 | - | -€10,000 | |
| Other amounts receivable | 41 | €10,000 | - | -€10,000 | |
| Cash at bank and in hand | 54/58 | €51,638 | €2,084 | -€49,554 | -96.0% |
| Deferred charges and accrued income | 490/1 | - | €1,139 | +€1,139 | |
| Total equity and liabilities | 10/49 | €1,054,011 | €1,059,256 | +€5,244 | +0.5% |
| Equity | 10/15 | €628,099 | €723,344 | +€95,244 | +15.2% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €7,437 | €7,437 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Profit (loss) carried forward | 14 | €546,295 | €641,539 | +€95,244 | +17.4% |
| Amounts payable | 17/49 | €425,912 | €335,912 | -€90,000 | -21.1% |
| Amounts payable within one year | 42/48 | €425,912 | €335,912 | -€90,000 | -21.1% |
| Other amounts payable | 47/48 | €425,912 | €335,912 | -€90,000 | -21.1% |
| Other operating charges | 640/8 | €1,144 | €513 | -€631 | -55.1% |
| Gross operating margin | 9900 | -€2,357 | -€390 | +€1,967 | +83.5% |
| Operating profit (loss) | 9901 | -€3,501 | -€903 | +€2,598 | +74.2% |
| Financial income | 75/76B | €34,495 | €96,799 | +€62,304 | +180.6% |
| Recurring financial income | 75 | €34,495 | €96,799 | +€62,304 | +180.6% |
| Financial charges | 65/66B | €497 | €651 | +€154 | +31.1% |
| Recurring financial charges | 65 | €497 | €651 | +€154 | +31.1% |
| Profit (loss) for the period before taxes | 9903 | €30,497 | €95,244 | +€64,747 | +212.3% |
| Profit (loss) for the period | 9904 | €30,497 | €95,244 | +€64,747 | +212.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,497 | €95,244 | +€64,747 | +212.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.