aDHvice: 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.
aDHvice
Largest movements
- Cash +€150,447
up €150,447 (+105.2%), from €143,064 to €293,511
mainly Net result for the year (+€291,156) and Current portion of long-term debt (+€12,061)
- Tangible fixed assets +€56,753
up €56,753 (+2625.6%), from €2,161 to €58,914
of which Furniture and vehicles: +€56,986
- Financial fixed assets -€18,400
down €18,400 (-2.7%), from €672,000 to €653,600
- Reserves +€291,000
up €291,000 (+149.5%), from €194,600 to €485,600
- Other debts -€54,905
down €54,905 (-89.0%), from €61,662 to €6,757
- Debts after one year -€35,903
down €35,903 (-8.5%), from €421,891 to €385,987
- Tax, wage and social debts -€23,382
down €23,382 (-37.0%), from €63,170 to €39,788
of which Taxes: -€24,985
- Current portion of long-term debt +€12,061
up €12,061 (+17.1%), from €70,718 to €82,779
- Gross operating margin +€147,434
up €147,434 (+56.1%), from €262,923 to €410,357
- Taxes +€32,515
up €32,515 (+51.5%), from €63,170 to €95,685
- Depreciation +€6,162
up €6,162 (+3482.7%), from €177 to €6,339
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.
Cash bridge derived
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 | €818,011 | €1,006,408 | +€188,397 | +23.0% |
| Fixed assets | 21/28 | €674,161 | €712,514 | +€38,353 | +5.7% |
| Tangible fixed assets | 22/27 | €2,161 | €58,914 | +€56,753 | +2625.6% |
| Plant, machinery and equipment | 23 | €2,161 | €1,928 | -€234 | -10.8% |
| Furniture and vehicles | 24 | - | €56,986 | +€56,986 | |
| Financial fixed assets | 28 | €672,000 | €653,600 | -€18,400 | -2.7% |
| Current assets | 29/58 | €143,850 | €293,894 | +€150,044 | +104.3% |
| Cash at bank and in hand | 54/58 | €143,064 | €293,511 | +€150,447 | +105.2% |
| Deferred charges and accrued income | 490/1 | €786 | €383 | -€403 | -51.2% |
| Total equity and liabilities | 10/49 | €818,011 | €1,006,408 | +€188,397 | +23.0% |
| Equity | 10/15 | €197,641 | €488,797 | +€291,156 | +147.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €194,600 | €485,600 | +€291,000 | +149.5% |
| Distributable reserves | 133 | €194,600 | €485,600 | +€291,000 | +149.5% |
| Profit (loss) carried forward | 14 | €41 | €197 | +€156 | +379.3% |
| Amounts payable | 17/49 | €620,370 | €517,612 | -€102,759 | -16.6% |
| Amounts payable after more than one year | 17 | €421,891 | €385,987 | -€35,903 | -8.5% |
| Financial debts | 170/4 | €421,891 | €385,987 | -€35,903 | -8.5% |
| Amounts payable within one year | 42/48 | €198,305 | €131,275 | -€67,030 | -33.8% |
| Current portion of amounts payable after more than one year | 42 | €70,718 | €82,779 | +€12,061 | +17.1% |
| Trade debts | 44 | €2,754 | €1,950 | -€804 | -29.2% |
| Suppliers | 440/4 | €2,754 | €1,950 | -€804 | -29.2% |
| Taxes, remuneration and social security | 45 | €63,170 | €39,788 | -€23,382 | -37.0% |
| Taxes | 450/3 | €63,170 | €38,185 | -€24,985 | -39.6% |
| Remuneration and social security | 454/9 | - | €1,603 | +€1,603 | |
| Other amounts payable | 47/48 | €61,662 | €6,757 | -€54,905 | -89.0% |
| Accrued charges and deferred income | 492/3 | €175 | €350 | +€175 | +100.0% |
| Non-recurring operating income | 76A | - | €7,250 | +€7,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €177 | €6,339 | +€6,162 | +3482.7% |
| Other operating charges | 640/8 | €241 | €424 | +€183 | +76.0% |
| Gross operating margin | 9900 | €262,923 | €410,357 | +€147,434 | +56.1% |
| Operating profit (loss) | 9901 | €262,506 | €403,595 | +€141,089 | +53.7% |
| Financial income | 75/76B | - | €31 | +€31 | |
| Recurring financial income | 75 | - | €31 | +€31 | |
| Financial charges | 65/66B | €12,950 | €16,785 | +€3,835 | +29.6% |
| Recurring financial charges | 65 | €12,950 | €16,785 | +€3,835 | +29.6% |
| Profit (loss) for the period before taxes | 9903 | €249,555 | €386,841 | +€137,285 | +55.0% |
| Income taxes | 67/77 | €63,170 | €95,685 | +€32,515 | +51.5% |
| Profit (loss) for the period | 9904 | €186,385 | €291,156 | +€104,770 | +56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €186,385 | €291,156 | +€104,770 | +56.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.