ADVANCE TECHNOLOGY: what changed
Two fiscal 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 TECHNOLOGY
Largest movements
- Receivables within one year +€20,390
up €20,390 (+168.5%), from €12,098 to €32,488
of which Trade receivables: +€15,132
- Tangible fixed assets +€12,950
up €12,950 (+45.2%), from €28,627 to €41,577
of which Furniture and vehicles: +€13,901
- Cash +€7,497
up €7,497 (+9.1%), from €82,562 to €90,059
mainly Net result for the year (+€28,567) and Depreciation (+€14,899)
- Current investments +€2,697
up €2,697 (+5.8%), from €46,853 to €49,550
- Reserves +€28,567
up €28,567 (+41.9%), from €68,258 to €96,825
of which Distributable reserves: +€28,567
- Tax, wage and social debts +€11,879
up €11,879 (+505.2%), from €2,351 to €14,230
- Trade debts +€3,201
up €3,201 (+283.9%), from €1,127 to €4,328
- Gross operating margin +€47,349
up €47,349 (+4589.0%), from €1,032 to €48,381
- Taxes +€7,383
up €7,383 (+4794.3%), from €154 to €7,537
- Financial charges -€2,844
down €2,844 (-67.9%), from €4,186 to €1,342
of which Non-recurring financial charges: -€2,697
- Depreciation +€1,865
up €1,865 (+14.3%), from €13,033 to €14,899
- Financial income -€1,399
down €1,399 (-22.2%), from €6,303 to €4,904
of which Non-recurring financial income: -€1,864
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.
Cash bridge derived
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 | €171,737 | €215,383 | +€43,646 | +25.4% |
| Fixed assets | 21/28 | €28,627 | €41,577 | +€12,950 | +45.2% |
| Tangible fixed assets | 22/27 | €28,627 | €41,577 | +€12,950 | +45.2% |
| Plant, machinery and equipment | 23 | €617 | €396 | -€221 | -35.8% |
| Furniture and vehicles | 24 | €22,742 | €36,643 | +€13,901 | +61.1% |
| Other tangible fixed assets | 26 | €5,268 | €4,539 | -€729 | -13.8% |
| Current assets | 29/58 | €143,110 | €173,806 | +€30,696 | +21.4% |
| Amounts receivable within one year | 40/41 | €12,098 | €32,488 | +€20,390 | +168.5% |
| Trade receivables | 40 | €8,996 | €24,128 | +€15,132 | +168.2% |
| Other amounts receivable | 41 | €3,102 | €8,360 | +€5,259 | +169.5% |
| Current investments | 50/53 | €46,853 | €49,550 | +€2,697 | +5.8% |
| Cash at bank and in hand | 54/58 | €82,562 | €90,059 | +€7,497 | +9.1% |
| Deferred charges and accrued income | 490/1 | €1,597 | €1,709 | +€112 | +7.0% |
| Total equity and liabilities | 10/49 | €171,737 | €215,383 | +€43,646 | +25.4% |
| Equity | 10/15 | €168,258 | €196,825 | +€28,567 | +17.0% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €68,258 | €96,825 | +€28,567 | +41.9% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €58,258 | €86,825 | +€28,567 | +49.0% |
| Amounts payable | 17/49 | €3,478 | €18,558 | +€15,080 | +433.5% |
| Amounts payable within one year | 42/48 | €3,478 | €18,558 | +€15,080 | +433.5% |
| Trade debts | 44 | €1,127 | €4,328 | +€3,201 | +283.9% |
| Suppliers | 440/4 | €1,127 | €4,328 | +€3,201 | +283.9% |
| Taxes, remuneration and social security | 45 | €2,351 | €14,230 | +€11,879 | +505.2% |
| Taxes | 450/3 | €2,351 | €14,230 | +€11,879 | +505.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,033 | €14,899 | +€1,865 | +14.3% |
| Other operating charges | 640/8 | €577 | €940 | +€363 | +62.9% |
| Gross operating margin | 9900 | €1,032 | €48,381 | +€47,349 | +4589.0% |
| Operating profit (loss) | 9901 | -€12,579 | €32,542 | +€45,121 | |
| Financial income | 75/76B | €6,303 | €4,904 | -€1,399 | -22.2% |
| Recurring financial income | 75 | €856 | €1,322 | +€465 | +54.4% |
| Non-recurring financial income | 76B | €5,447 | €3,582 | -€1,864 | -34.2% |
| Financial charges | 65/66B | €4,186 | €1,342 | -€2,844 | -67.9% |
| Recurring financial charges | 65 | €603 | €457 | -€147 | -24.3% |
| Non-recurring financial charges | 66B | €3,582 | €886 | -€2,697 | -75.3% |
| Profit (loss) for the period before taxes | 9903 | -€10,461 | €36,104 | +€46,565 | |
| Income taxes | 67/77 | €154 | €7,537 | +€7,383 | +4794.3% |
| Profit (loss) for the period | 9904 | -€10,615 | €28,567 | +€39,182 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,615 | €28,567 | +€39,182 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.