ADV: 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.
ADV
Largest movements
- Cash +€42,520
up €42,520 (+304%), from €13,964 to €56,484
mainly Accrued charges and deferred income (+€48,000) and Net result for the year (+€28,674)
- Receivables within one year +€22,483
up €22,483 (+326%), from €6,892 to €29,375
of which Other amounts receivable: +€13,133
- Tangible fixed assets -€20,321
down €20,321 (-39.4%), from €51,560 to €31,239
of which Furniture and vehicles: -€17,230
- Stocks and contracts +€12,560
up €12,560 (+118%), from €10,670 to €23,230
- Accrued charges and deferred income +€48,000
new in 2025: €48,000
- Profit (loss) carried forward +€28,674
up €28,674 (+117%), from €24,413 to €53,088
- Other debts -€13,018
no longer reported in 2025 (was €13,018)
- Debts after one year -€5,250
down €5,250 (-66.1%), from €7,942 to €2,691
- Tax, wage and social debts -€1,654
down €1,654 (-28.1%), from €5,879 to €4,225
of which Taxes: -€1,154
- Turnover -€277,691
no longer reported in 2025 (was €277,691)
- Purchases and services -€263,654
no longer reported in 2025 (was €263,654)
- Gross operating margin +€42,913
up €42,913 (+196%), from €21,943 to €64,856
- Taxes +€12,096
up €12,096 (+894%), from €1,353 to €13,449
- Depreciation -€4,786
down €4,786 (-18.3%), from €26,124 to €21,338
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 | €83,444 | €140,686 | +€57,242 | +68.6% |
| Fixed assets | 21/28 | €51,918 | €31,597 | -€20,321 | -39.1% |
| Tangible fixed assets | 22/27 | €51,560 | €31,239 | -€20,321 | -39.4% |
| Plant, machinery and equipment | 23 | €1,278 | €797 | -€481 | -37.6% |
| Furniture and vehicles | 24 | €42,771 | €25,541 | -€17,230 | -40.3% |
| Other tangible fixed assets | 26 | €7,511 | €4,901 | -€2,610 | -34.8% |
| Financial fixed assets | 28 | €358 | €358 | = | 0.0% |
| Current assets | 29/58 | €31,526 | €109,089 | +€77,563 | +246% |
| Stocks and contracts in progress | 3 | €10,670 | €23,230 | +€12,560 | +118% |
| Stocks | 30/36 | €10,670 | €23,230 | +€12,560 | +118% |
| Amounts receivable within one year | 40/41 | €6,892 | €29,375 | +€22,483 | +326% |
| Trade receivables | 40 | €645 | €9,995 | +€9,350 | +1,451% |
| Other amounts receivable | 41 | €6,247 | €19,380 | +€13,133 | +210% |
| Cash at bank and in hand | 54/58 | €13,964 | €56,484 | +€42,520 | +304% |
| Total equity and liabilities | 10/49 | €83,444 | €140,686 | +€57,242 | +68.6% |
| Equity | 10/15 | €43,013 | €71,688 | +€28,674 | +66.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,413 | €53,088 | +€28,674 | +117% |
| Amounts payable | 17/49 | €40,431 | €68,998 | +€28,567 | +70.7% |
| Amounts payable after more than one year | 17 | €7,942 | €2,691 | -€5,250 | -66.1% |
| Financial debts | 170/4 | €7,942 | €2,691 | -€5,250 | -66.1% |
| Amounts payable within one year | 42/48 | €32,489 | €18,307 | -€14,182 | -43.7% |
| Current portion of amounts payable after more than one year | 42 | €5,443 | €5,250 | -€192 | -3.5% |
| Trade debts | 44 | €8,149 | €8,831 | +€682 | +8.4% |
| Suppliers | 440/4 | €8,149 | €8,831 | +€682 | +8.4% |
| Taxes, remuneration and social security | 45 | €5,879 | €4,225 | -€1,654 | -28.1% |
| Taxes | 450/3 | €2,879 | €1,725 | -€1,154 | -40.1% |
| Remuneration and social security | 454/9 | €3,000 | €2,500 | -€500 | -16.7% |
| Other amounts payable | 47/48 | €13,018 | - | -€13,018 | |
| Accrued charges and deferred income | 492/3 | - | €48,000 | +€48,000 | |
| Turnover | 70 | €277,691 | - | -€277,691 | |
| Goods, raw materials, services and sundry goods | 60/61 | €263,654 | - | -€263,654 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,124 | €21,338 | -€4,786 | -18.3% |
| Other operating charges | 640/8 | €623 | €636 | +€13 | +2.1% |
| Gross operating margin | 9900 | €21,943 | €64,856 | +€42,913 | +196% |
| Operating profit (loss) | 9901 | -€4,804 | €42,882 | +€47,686 | |
| Financial income | 75/76B | €0 | €53 | +€53 | +530,100% |
| Recurring financial income | 75 | €0 | €53 | +€53 | +530,100% |
| Financial charges | 65/66B | €1,011 | €812 | -€199 | -19.7% |
| Recurring financial charges | 65 | €1,011 | €812 | -€199 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,815 | €42,123 | +€47,938 | |
| Income taxes | 67/77 | €1,353 | €13,449 | +€12,096 | +894% |
| Profit (loss) for the period | 9904 | -€7,168 | €28,674 | +€35,842 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,168 | €28,674 | +€35,842 |
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 31 October 2026 via checked.be.