ADV VENTURE: 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.
What changed
ADV VENTURE
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€1.0m
2024 · €575,874-€1.6m
Equity
€447,776
2024 · €1.5m-€1.0m
Cash
€385,884
2024 · €165,671+€220,213
Balance sheet total
€8.1m
2024 · €5.3m+€2.8m
Largest movements
Assets
- Financial fixed assets +€1.8m
up €1.8m (+73.5%), from €2.4m to €4.2m
- Tangible fixed assets +€1.0m
up €1.0m (+133%), from €769,882 to €1.8m
of which Land and buildings: +€1.0m
- Cash +€220,213
up €220,213 (+133%), from €165,671 to €385,884
mainly Debts after one year (+€2.7m) and Other debts (+€1.1m)
- Intangible fixed assets -€210,813
down €210,813 (-16.7%), from €1.3m to €1.1m
Equity and liabilities
- Debts after one year +€2.7m
up €2.7m (+188%), from €1.4m to €4.1m
of which Financial debts: +€2.7m
- Other debts +€1.1m
up €1.1m (+82.9%), from €1.4m to €2.5m
- Profit (loss) carried forward -€1.0m
down €1.0m (-153%), from -€665,296 to -€1.7m
Income statement
- Financial charges +€982,411
up €982,411 (+1,897%), from €51,799 to €1.0m
- Gross operating margin -€895,772
down €895,772 (-75.4%), from €1.2m to €292,096
- Taxes -€36,932
down €36,932 (-99.5%), from €37,107 to €175
- Depreciation +€14,847
up €14,847 (+5.9%), from €253,084 to €267,930
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.
Result 2024
€575,874
Gross operating margin
-€895,772
Staff costs
-€7,750
Depreciation
-€14,847
Provisions
+€2,445
Other operating charges
+€2,032
Financial income
+€11,200
Financial charges
-€982,411
Taxes
+€36,932
Deferred taxes and other
+€240,158
Result 2025
-€1.0m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€311,329
Investment
-€2.9m
Financing
+€2.8m
Cash 2024
€165,671
From operations (derived)
+€311,329
Net result for the year
-€1.0m
Depreciation
+€267,930
Receivables within one year
+€25,710
Deferred charges and accrued income
+€5,215
Provisions
-€8,114
Trade debts
-€53,220
Tax, wage and social debts
-€24,570
Other debts
+€1.1m
Investment (derived)
-€2.9m
Investment in fixed assets (net)
-€2.9m
Financing
+€2.8m
Debts after one year
+€2.7m
Current portion of long-term debt
+€78,128
Short-term financial debts
-€2
Cash 2025
€385,884
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,300,643 | €8,084,031 | +€2.8m | +52.5% |
| Fixed assets | 21/28 | €4,458,151 | €7,052,250 | +€2.6m | +58.2% |
| Intangible fixed assets | 21 | €1,265,169 | €1,054,356 | -€210,813 | -16.7% |
| Tangible fixed assets | 22/27 | €769,882 | €1,793,194 | +€1.0m | +133% |
| Land and buildings | 22 | €741,637 | €1,761,305 | +€1.0m | +137% |
| Plant, machinery and equipment | 23 | €27,831 | €31,889 | +€4,058 | +14.6% |
| Furniture and vehicles | 24 | €413 | - | -€413 | |
| Financial fixed assets | 28 | €2,423,100 | €4,204,700 | +€1.8m | +73.5% |
| Current assets | 29/58 | €842,493 | €1,031,781 | +€189,289 | +22.5% |
| Amounts receivable within one year | 40/41 | €668,802 | €643,092 | -€25,710 | -3.8% |
| Trade receivables | 40 | €234,505 | €150,771 | -€83,734 | -35.7% |
| Other amounts receivable | 41 | €434,297 | €492,321 | +€58,024 | +13.4% |
| Cash at bank and in hand | 54/58 | €165,671 | €385,884 | +€220,213 | +133% |
| Deferred charges and accrued income | 490/1 | €8,019 | €2,804 | -€5,215 | -65.0% |
| Total equity and liabilities | 10/49 | €5,300,643 | €8,084,031 | +€2.8m | +52.5% |
| Equity | 10/15 | €1,479,914 | €447,776 | -€1.0m | -69.7% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Revaluation surpluses | 12 | €620,726 | €620,726 | = | 0.0% |
| Reserves | 13 | €1,374,485 | €1,357,478 | -€17,007 | -1.2% |
| Tax-exempt reserves | 132 | €1,374,485 | €1,357,478 | -€17,007 | -1.2% |
| Profit (loss) carried forward | 14 | -€665,296 | -€1,680,428 | -€1.0m | -153% |
| Provisions and deferred taxes | 16 | €746,668 | €738,554 | -€8,114 | -1.1% |
| Provisions for liabilities and charges | 160/5 | €288,506 | €286,061 | -€2,445 | -0.8% |
| Other liabilities and charges | 164/5 | €288,506 | €286,061 | -€2,445 | -0.8% |
| Deferred taxes | 168 | €458,162 | €452,493 | -€5,669 | -1.2% |
| Amounts payable | 17/49 | €3,074,061 | €6,897,702 | +€3.8m | +124% |
| Amounts payable after more than one year | 17 | €1,431,820 | €4,124,608 | +€2.7m | +188% |
| Financial debts | 170/4 | €1,405,420 | €4,084,583 | +€2.7m | +191% |
| Other amounts payable | 178/9 | €26,400 | €40,025 | +€13,625 | +51.6% |
| Amounts payable within one year | 42/48 | €1,642,241 | €2,773,094 | +€1.1m | +68.9% |
| Current portion of amounts payable after more than one year | 42 | €173,038 | €251,165 | +€78,128 | +45.2% |
| Financial debts | 43 | €2 | - | -€2 | |
| Credit institutions | 430/8 | €2 | - | -€2 | |
| Trade debts | 44 | €78,091 | €24,871 | -€53,220 | -68.2% |
| Suppliers | 440/4 | €78,091 | €24,871 | -€53,220 | -68.2% |
| Taxes, remuneration and social security | 45 | €27,107 | €2,537 | -€24,570 | -90.6% |
| Taxes | 450/3 | €27,107 | €2,537 | -€24,570 | -90.6% |
| Other amounts payable | 47/48 | €1,364,004 | €2,494,521 | +€1.1m | +82.9% |
| Remuneration, social security and pensions | 62 | - | €7,750 | +€7,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €253,084 | €267,930 | +€14,847 | +5.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€2,445 | -€2,445 | |
| Other operating charges | 640/8 | €35,516 | €33,484 | -€2,032 | -5.7% |
| Gross operating margin | 9900 | €1,187,868 | €292,096 | -€895,772 | -75.4% |
| Operating profit (loss) | 9901 | €899,268 | -€14,623 | -€913,891 | |
| Financial income | 75/76B | - | €11,200 | +€11,200 | |
| Recurring financial income | 75 | - | €11,200 | +€11,200 | |
| Financial charges | 65/66B | €51,799 | €1,034,210 | +€982,411 | +1,897% |
| Recurring financial charges | 65 | €51,799 | €1,034,210 | +€982,411 | +1,897% |
| Profit (loss) for the period before taxes | 9903 | €847,470 | -€1,037,633 | -€1.9m | |
| Transfer from deferred taxes | 780 | €10,330 | €5,669 | -€4,661 | -45.1% |
| Transfer to deferred taxes | 680 | €244,819 | - | -€244,819 | |
| Income taxes | 67/77 | €37,107 | €175 | -€36,932 | -99.5% |
| Profit (loss) for the period | 9904 | €575,874 | -€1,032,139 | -€1.6m | |
| Transfer from tax-exempt reserves | 789 | €30,989 | €17,007 | -€13,982 | -45.1% |
| Transfer to tax-exempt reserves | 689 | €734,456 | - | -€734,456 | |
| Profit (loss) for the period to be appropriated | 9905 | -€127,592 | -€1,015,132 | -€887,540 | -696% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.