ADV Werftechniek: 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 Werftechniek
Largest movements
- Tangible fixed assets +€8,484
up €8,484 (+1,115%), from €761 to €9,245
of which Furniture and vehicles: +€8,447
- Receivables within one year +€3,124
up €3,124 (+30.3%), from €10,326 to €13,450
of which Trade receivables: +€2,449
- Cash +€1,747
up €1,747 (+21.1%), from €8,271 to €10,018
mainly Net result for the year (+€16,096) and Depreciation (+€6,475)
- Deferred charges and accrued income -€1,324
no longer reported in 2025 (was €1,324)
- Reserves +€14,378
up €14,378 (+98.8%), from €14,550 to €28,929
- Debts after one year -€4,413
down €4,413 (-34.5%), from €12,782 to €8,369
- Tax, wage and social debts +€2,287
up €2,287 (+68.5%), from €3,339 to €5,626
- Current portion of long-term debt -€551
down €551 (-11.1%), from €4,965 to €4,413
- Trade debts +€330
new in 2025: €330
- Gross operating margin +€39,286
up €39,286, from -€10,933 to €28,353
- Taxes +€3,316
up €3,316 (+2,317%), from €143 to €3,459
- Depreciation +€2,668
up €2,668 (+70.1%), from €3,807 to €6,475
- Financial charges +€944
up €944 (+181%), from €522 to €1,466
- Other operating charges +€475
up €475 (+124%), from €382 to €857
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 | €20,682 | €32,712 | +€12,030 | +58.2% |
| Fixed assets | 21/28 | €761 | €9,245 | +€8,484 | +1,115% |
| Tangible fixed assets | 22/27 | €761 | €9,245 | +€8,484 | +1,115% |
| Plant, machinery and equipment | 23 | €761 | €798 | +€37 | +4.8% |
| Furniture and vehicles | 24 | - | €8,447 | +€8,447 | |
| Current assets | 29/58 | €19,921 | €23,468 | +€3,546 | +17.8% |
| Amounts receivable within one year | 40/41 | €10,326 | €13,450 | +€3,124 | +30.3% |
| Trade receivables | 40 | €9,556 | €12,005 | +€2,449 | +25.6% |
| Other amounts receivable | 41 | €769 | €1,445 | +€675 | +87.8% |
| Cash at bank and in hand | 54/58 | €8,271 | €10,018 | +€1,747 | +21.1% |
| Deferred charges and accrued income | 490/1 | €1,324 | - | -€1,324 | |
| Total equity and liabilities | 10/49 | €20,682 | €32,712 | +€12,030 | +58.2% |
| Equity | 10/15 | -€404 | €13,975 | +€14,378 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €14,550 | €28,929 | +€14,378 | +98.8% |
| Distributable reserves | 133 | €14,550 | €28,929 | +€14,378 | +98.8% |
| Profit (loss) carried forward | 14 | -€17,454 | -€17,454 | = | 0.0% |
| Amounts payable | 17/49 | €21,086 | €18,738 | -€2,348 | -11.1% |
| Amounts payable after more than one year | 17 | €12,782 | €8,369 | -€4,413 | -34.5% |
| Financial debts | 170/4 | €12,782 | €8,369 | -€4,413 | -34.5% |
| Amounts payable within one year | 42/48 | €8,303 | €10,369 | +€2,065 | +24.9% |
| Current portion of amounts payable after more than one year | 42 | €4,965 | €4,413 | -€551 | -11.1% |
| Trade debts | 44 | - | €330 | +€330 | |
| Suppliers | 440/4 | - | €330 | +€330 | |
| Taxes, remuneration and social security | 45 | €3,339 | €5,626 | +€2,287 | +68.5% |
| Taxes | 450/3 | €3,339 | €5,626 | +€2,287 | +68.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,807 | €6,475 | +€2,668 | +70.1% |
| Other operating charges | 640/8 | €382 | €857 | +€475 | +124% |
| Gross operating margin | 9900 | -€10,933 | €28,353 | +€39,286 | |
| Operating profit (loss) | 9901 | -€15,123 | €21,021 | +€36,144 | |
| Financial charges | 65/66B | €522 | €1,466 | +€944 | +181% |
| Recurring financial charges | 65 | €522 | €1,466 | +€944 | +181% |
| Profit (loss) for the period before taxes | 9903 | -€15,645 | €19,555 | +€35,200 | |
| Income taxes | 67/77 | €143 | €3,459 | +€3,316 | +2,317% |
| Profit (loss) for the period | 9904 | -€15,788 | €16,096 | +€31,885 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,788 | €16,096 | +€31,885 |
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 14 October 2026 via checked.be.