ADVA: 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.
ADVA
Largest movements
- Cash +€10,708
up €10,708 (+24.0%), from €44,690 to €55,398
mainly Net result for the year (+€19,874) and Tax, wage and social debts (+€3,329)
- Receivables within one year +€4,130
up €4,130 (+47.9%), from €8,628 to €12,757
of which Other amounts receivable: +€2,349
- Deferred charges and accrued income -€1,683
down €1,683 (-30.0%), from €5,603 to €3,920
- Tangible fixed assets -€1,130
down €1,130 (-55.4%), from €2,041 to €911
- Profit (loss) carried forward +€19,874
up €19,874 (+88.5%), from -€22,447 to -€2,574
- Advances received -€6,029
down €6,029 (-70.3%), from €8,582 to €2,553
- Trade debts -€3,916
down €3,916 (-64.5%), from €6,073 to €2,157
- Tax, wage and social debts +€3,329
up €3,329 (+159%), from €2,096 to €5,425
of which Taxes: +€2,783
- Other debts -€1,892
down €1,892 (-9.1%), from €20,727 to €18,835
- Gross operating margin +€4,636
up €4,636 (+11.2%), from €41,391 to €46,027
- Staff costs -€1,598
down €1,598 (-6.5%), from €24,626 to €23,028
- Other operating charges -€1,487
down €1,487 (-50.8%), from €2,926 to €1,439
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 | €62,462 | €74,486 | +€12,025 | +19.3% |
| Fixed assets | 21/28 | €3,541 | €2,411 | -€1,130 | -31.9% |
| Tangible fixed assets | 22/27 | €2,041 | €911 | -€1,130 | -55.4% |
| Plant, machinery and equipment | 23 | €2,041 | €911 | -€1,130 | -55.4% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €58,920 | €72,075 | +€13,155 | +22.3% |
| Amounts receivable within one year | 40/41 | €8,628 | €12,757 | +€4,130 | +47.9% |
| Trade receivables | 40 | €3,367 | €5,148 | +€1,781 | +52.9% |
| Other amounts receivable | 41 | €5,261 | €7,609 | +€2,349 | +44.6% |
| Cash at bank and in hand | 54/58 | €44,690 | €55,398 | +€10,708 | +24.0% |
| Deferred charges and accrued income | 490/1 | €5,603 | €3,920 | -€1,683 | -30.0% |
| Total equity and liabilities | 10/49 | €62,462 | €74,486 | +€12,025 | +19.3% |
| Equity | 10/15 | €8,915 | €28,789 | +€19,874 | +223% |
| Contributions | 10/11 | €6,605 | €6,605 | = | 0.0% |
| Reserves | 13 | €24,757 | €24,757 | = | 0.0% |
| Distributable reserves | 133 | €24,757 | €24,757 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,447 | -€2,574 | +€19,874 | +88.5% |
| Amounts payable | 17/49 | €53,546 | €45,697 | -€7,849 | -14.7% |
| Amounts payable within one year | 42/48 | €53,431 | €45,697 | -€7,734 | -14.5% |
| Financial debts | 43 | €15,954 | €16,727 | +€773 | +4.8% |
| Credit institutions | 430/8 | €15,954 | €16,727 | +€773 | +4.8% |
| Trade debts | 44 | €6,073 | €2,157 | -€3,916 | -64.5% |
| Suppliers | 440/4 | €6,073 | €2,157 | -€3,916 | -64.5% |
| Advances received on contracts in progress | 46 | €8,582 | €2,553 | -€6,029 | -70.3% |
| Taxes, remuneration and social security | 45 | €2,096 | €5,425 | +€3,329 | +159% |
| Taxes | 450/3 | €771 | €3,554 | +€2,783 | +361% |
| Remuneration and social security | 454/9 | €1,325 | €1,871 | +€547 | +41.3% |
| Other amounts payable | 47/48 | €20,727 | €18,835 | -€1,892 | -9.1% |
| Accrued charges and deferred income | 492/3 | €115 | - | -€115 | |
| Remuneration, social security and pensions | 62 | €24,626 | €23,028 | -€1,598 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,130 | €1,130 | = | 0.0% |
| Other operating charges | 640/8 | €2,926 | €1,439 | -€1,487 | -50.8% |
| Gross operating margin | 9900 | €41,391 | €46,027 | +€4,636 | +11.2% |
| Operating profit (loss) | 9901 | €12,709 | €20,429 | +€7,721 | +60.8% |
| Financial charges | 65/66B | €659 | €414 | -€244 | -37.1% |
| Recurring financial charges | 65 | €659 | €414 | -€244 | -37.1% |
| Profit (loss) for the period before taxes | 9903 | €12,050 | €20,015 | +€7,965 | +66.1% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | €11,910 | €19,874 | +€7,963 | +66.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,910 | €19,874 | +€7,963 | +66.9% |
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 13 October 2026 via checked.be.