ADVAESORY: 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.
ADVAESORY
Largest movements
- Cash -€152,452
down €152,452 (-61.1%), from €249,563 to €97,111
mainly Contributions, distributions and other (-€304,089) and Tax, wage and social debts (-€19,263)
- Reserves -€216,023
down €216,023 (-100%), from €216,023 to €0
- Other debts +€88,720
up €88,720 (+6,068%), from €1,462 to €90,182
- Tax, wage and social debts -€19,263
down €19,263 (-45.4%), from €42,457 to €23,194
of which Taxes: -€19,263
- Trade debts -€4,348
down €4,348 (-65.8%), from €6,603 to €2,255
- Gross operating margin +€2,222
up €2,222 (+2.0%), from €113,654 to €115,875
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 | €269,801 | €118,882 | -€150,920 | -55.9% |
| Fixed assets | 21/28 | €803 | €2,713 | +€1,911 | +238% |
| Tangible fixed assets | 22/27 | €803 | €2,713 | +€1,911 | +238% |
| Plant, machinery and equipment | 23 | €803 | €2,713 | +€1,911 | +238% |
| Current assets | 29/58 | €268,999 | €116,168 | -€152,830 | -56.8% |
| Amounts receivable within one year | 40/41 | €19,435 | €19,058 | -€378 | -1.9% |
| Trade receivables | 40 | €19,435 | €19,058 | -€378 | -1.9% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €249,563 | €97,111 | -€152,452 | -61.1% |
| Total equity and liabilities | 10/49 | €269,801 | €118,882 | -€150,920 | -55.9% |
| Equity | 10/15 | €219,023 | €3,000 | -€216,023 | -98.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €216,023 | €0 | -€216,023 | -100% |
| Distributable reserves | 133 | €216,023 | €0 | -€216,023 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €50,779 | €115,882 | +€65,103 | +128% |
| Amounts payable within one year | 42/48 | €50,529 | €115,632 | +€65,103 | +129% |
| Trade debts | 44 | €6,603 | €2,255 | -€4,348 | -65.8% |
| Suppliers | 440/4 | €6,603 | €2,255 | -€4,348 | -65.8% |
| Advances received on contracts in progress | 46 | €6 | €0 | -€6 | -100% |
| Taxes, remuneration and social security | 45 | €42,457 | €23,194 | -€19,263 | -45.4% |
| Taxes | 450/3 | €39,707 | €20,444 | -€19,263 | -48.5% |
| Remuneration and social security | 454/9 | €2,750 | €2,750 | = | 0.0% |
| Other amounts payable | 47/48 | €1,462 | €90,182 | +€88,720 | +6,068% |
| Accrued charges and deferred income | 492/3 | €250 | €250 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €464 | €959 | +€495 | +107% |
| Other operating charges | 640/8 | €463 | €585 | +€122 | +26.4% |
| Gross operating margin | 9900 | €113,654 | €115,875 | +€2,222 | +2.0% |
| Operating profit (loss) | 9901 | €112,727 | €114,331 | +€1,604 | +1.4% |
| Financial income | 75/76B | €81 | €0 | -€81 | -100% |
| Recurring financial income | 75 | €81 | €0 | -€81 | -100% |
| Financial charges | 65/66B | €1,519 | €2,399 | +€881 | +58.0% |
| Recurring financial charges | 65 | €1,519 | €2,399 | +€881 | +58.0% |
| Profit (loss) for the period before taxes | 9903 | €111,289 | €111,931 | +€642 | +0.6% |
| Income taxes | 67/77 | €23,794 | €23,865 | +€71 | +0.3% |
| Profit (loss) for the period | 9904 | €87,496 | €88,067 | +€571 | +0.7% |
| Profit (loss) for the period to be appropriated | 9905 | €87,496 | €88,067 | +€571 | +0.7% |
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 15 October 2026 via checked.be.