ADVANCE-IT: 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-IT
Largest movements
- Tangible fixed assets +€4,667
up €4,667 (+53.2%), from €8,780 to €13,447
of which Other tangible fixed assets: +€3,880
- Cash -€1,778
down €1,778 (-1.9%), from €93,293 to €91,515
mainly Investment in fixed assets (net) (-€9,518) and Other debts (-€6,204)
- Reserves +€15,497
up €15,497 (+17.2%), from €90,337 to €105,834
- Other debts -€6,204
down €6,204 (-50.4%), from €12,313 to €6,109
- Trade debts -€3,269
down €3,269 (-91.5%), from €3,573 to €304
- Tax, wage and social debts -€2,071
down €2,071 (-9.7%), from €21,356 to €19,285
- Gross operating margin +€9,555
up €9,555 (+40.9%), from €23,355 to €32,910
- Taxes +€2,648
up €2,648 (+33.4%), from €7,929 to €10,577
- Other operating charges -€1,140
down €1,140 (-49.8%), from €2,288 to €1,148
- Financial income +€719
up €719 (+92.7%), from €776 to €1,495
- Financial charges -€535
down €535 (-18.6%), from €2,868 to €2,333
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 | €133,779 | €137,732 | +€3,953 | +3.0% |
| Fixed assets | 21/28 | €8,780 | €13,447 | +€4,667 | +53.2% |
| Tangible fixed assets | 22/27 | €8,780 | €13,447 | +€4,667 | +53.2% |
| Furniture and vehicles | 24 | €8,141 | €8,928 | +€788 | +9.7% |
| Other tangible fixed assets | 26 | €639 | €4,519 | +€3,880 | +607% |
| Current assets | 29/58 | €124,999 | €124,285 | -€714 | -0.6% |
| Amounts receivable within one year | 40/41 | €28,706 | €29,770 | +€1,064 | +3.7% |
| Trade receivables | 40 | €26,588 | €27,651 | +€1,064 | +4.0% |
| Other amounts receivable | 41 | €2,118 | €2,118 | = | 0.0% |
| Current investments | 50/53 | €3,000 | €3,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €93,293 | €91,515 | -€1,778 | -1.9% |
| Total equity and liabilities | 10/49 | €133,779 | €137,732 | +€3,953 | +3.0% |
| Equity | 10/15 | €96,537 | €112,034 | +€15,497 | +16.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €90,337 | €105,834 | +€15,497 | +17.2% |
| Distributable reserves | 133 | €90,337 | €105,834 | +€15,497 | +17.2% |
| Amounts payable | 17/49 | €37,242 | €25,698 | -€11,544 | -31.0% |
| Amounts payable within one year | 42/48 | €37,242 | €25,698 | -€11,544 | -31.0% |
| Trade debts | 44 | €3,573 | €304 | -€3,269 | -91.5% |
| Suppliers | 440/4 | €3,573 | €304 | -€3,269 | -91.5% |
| Taxes, remuneration and social security | 45 | €21,356 | €19,285 | -€2,071 | -9.7% |
| Taxes | 450/3 | €21,356 | €19,285 | -€2,071 | -9.7% |
| Other amounts payable | 47/48 | €12,313 | €6,109 | -€6,204 | -50.4% |
| Non-recurring operating income | 76A | - | €8,634 | +€8,634 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,822 | €4,850 | +€28 | +0.6% |
| Other operating charges | 640/8 | €2,288 | €1,148 | -€1,140 | -49.8% |
| Gross operating margin | 9900 | €23,355 | €32,910 | +€9,555 | +40.9% |
| Operating profit (loss) | 9901 | €16,245 | €26,911 | +€10,667 | +65.7% |
| Financial income | 75/76B | €776 | €1,495 | +€719 | +92.7% |
| Recurring financial income | 75 | €776 | €1,495 | +€719 | +92.7% |
| Financial charges | 65/66B | €2,868 | €2,333 | -€535 | -18.6% |
| Recurring financial charges | 65 | €2,868 | €2,333 | -€535 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €14,153 | €26,074 | +€11,921 | +84.2% |
| Income taxes | 67/77 | €7,929 | €10,577 | +€2,648 | +33.4% |
| Profit (loss) for the period | 9904 | €6,224 | €15,497 | +€9,272 | +149% |
| Profit (loss) for the period to be appropriated | 9905 | €6,224 | €15,497 | +€9,272 | +149% |
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.