ADVANCE ICT: 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.
ADVANCE ICT
Largest movements
- Cash +€46,703
up €46,703 (+8.9%), from €524,581 to €571,284
mainly Net result for the year (+€127,766) and Current investments (+€29,750)
- Current investments -€29,750
down €29,750 (-99.2%), from €30,000 to €250
- Receivables within one year +€16,286
up €16,286 (+28.1%), from €57,905 to €74,190
of which Trade receivables: +€35,368
- Reserves +€16,373
up €16,373 (+2.9%), from €570,246 to €586,619
- Tax, wage and social debts +€12,569
up €12,569 (+103%), from €12,200 to €24,769
of which Taxes: +€12,569
- Gross operating margin +€7,136
up €7,136 (+4.0%), from €178,922 to €186,058
- Financial income -€3,264
down €3,264 (-60.6%), from €5,389 to €2,125
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 | €620,684 | €653,996 | +€33,312 | +5.4% |
| Fixed assets | 21/28 | €7,944 | €7,810 | -€135 | -1.7% |
| Tangible fixed assets | 22/27 | €7,814 | €7,680 | -€135 | -1.7% |
| Plant, machinery and equipment | 23 | €6,477 | €2,877 | -€3,601 | -55.6% |
| Furniture and vehicles | 24 | €1,337 | €4,803 | +€3,466 | +259% |
| Financial fixed assets | 28 | €130 | €130 | = | 0.0% |
| Current assets | 29/58 | €612,740 | €646,186 | +€33,446 | +5.5% |
| Amounts receivable within one year | 40/41 | €57,905 | €74,190 | +€16,286 | +28.1% |
| Trade receivables | 40 | €38,823 | €74,190 | +€35,368 | +91.1% |
| Other amounts receivable | 41 | €19,082 | - | -€19,082 | |
| Current investments | 50/53 | €30,000 | €250 | -€29,750 | -99.2% |
| Cash at bank and in hand | 54/58 | €524,581 | €571,284 | +€46,703 | +8.9% |
| Deferred charges and accrued income | 490/1 | €254 | €461 | +€208 | +81.9% |
| Total equity and liabilities | 10/49 | €620,684 | €653,996 | +€33,312 | +5.4% |
| Equity | 10/15 | €582,646 | €599,019 | +€16,373 | +2.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €570,246 | €586,619 | +€16,373 | +2.9% |
| Distributable reserves | 133 | €570,246 | €586,619 | +€16,373 | +2.9% |
| Amounts payable | 17/49 | €38,038 | €54,976 | +€16,938 | +44.5% |
| Amounts payable within one year | 42/48 | €38,038 | €54,577 | +€16,538 | +43.5% |
| Trade debts | 44 | €23,387 | €22,514 | -€873 | -3.7% |
| Suppliers | 440/4 | €23,387 | €22,514 | -€873 | -3.7% |
| Taxes, remuneration and social security | 45 | €12,200 | €24,769 | +€12,569 | +103% |
| Taxes | 450/3 | €10,100 | €22,669 | +€12,569 | +124% |
| Remuneration and social security | 454/9 | €2,100 | €2,100 | = | 0.0% |
| Other amounts payable | 47/48 | €2,451 | €7,293 | +€4,842 | +198% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,256 | €5,665 | -€1,591 | -21.9% |
| Other operating charges | 640/8 | €507 | €912 | +€405 | +79.8% |
| Non-recurring operating charges | 66A | €151 | - | -€151 | |
| Gross operating margin | 9900 | €178,922 | €186,058 | +€7,136 | +4.0% |
| Operating profit (loss) | 9901 | €171,008 | €179,481 | +€8,473 | +5.0% |
| Financial income | 75/76B | €5,389 | €2,125 | -€3,264 | -60.6% |
| Recurring financial income | 75 | €5,389 | €2,125 | -€3,264 | -60.6% |
| Financial charges | 65/66B | €130 | €143 | +€13 | +9.6% |
| Recurring financial charges | 65 | €130 | €143 | +€13 | +9.6% |
| Profit (loss) for the period before taxes | 9903 | €176,267 | €181,463 | +€5,196 | +2.9% |
| Income taxes | 67/77 | €52,078 | €53,697 | +€1,619 | +3.1% |
| Profit (loss) for the period | 9904 | €124,188 | €127,766 | +€3,577 | +2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €124,188 | €127,766 | +€3,577 | +2.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.