Advanced Fire Solutions: what changed
What changed
Advanced Fire Solutions
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
-€199,598
2024 · €204,587-€404,185
Equity
-€3.1m
2024 · -€2.9m-€199,598
Cash
€95,197
2024 · €4,426+€90,771
Balance sheet total
€129,458
2024 · €340,844-€211,386
Largest movements
Assets
- Receivables within one year -€308,341
down €308,341 (-91.7%), from €336,418 to €28,077
of which Other amounts receivable: -€330,297
- Cash +€90,771
up €90,771 (+2,051%), from €4,426 to €95,197
mainly Receivables within one year (+€308,341) and Debts after one year (+€229,808)
- Deferred charges and accrued income +€6,000
new in 2025: €6,000
Equity and liabilities
- Debts after one year +€229,808
up €229,808 (+8.0%), from €2.9m to €3.1m
- Profit (loss) carried forward -€199,598
down €199,598 (-6.7%), from -€3.0m to -€3.2m
- Other debts -€198,072
down €198,072 (-88.8%), from €223,072 to €25,000
- Tax, wage and social debts -€49,158
down €49,158 (-45.1%), from €109,087 to €59,929
of which Taxes: -€65,416
- Trade debts +€5,633
up €5,633 (+125%), from €4,489 to €10,122
Income statement
- Write-downs +€336,418
no longer reported in 2025 (was -€336,418)
- Taxes -€123,122
down €123,122, from €106,587 to -€16,536
of which Taxes: -€119,087
- Financial charges +€106,154
up €106,154 (+1,090%), from €9,735 to €115,889
- Staff costs +€55,355
new in 2025: €55,355
- Services and other goods +€44,125
up €44,125 (+219%), from €20,150 to €64,275
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€204,587
Turnover
+€33,224
Goods and materials
-€8,121
Services and other goods
-€44,125
Staff costs
-€55,355
Write-downs
-€336,418
Other operating charges
+€1,198
Other operating items
-€11,555
Financial charges
-€106,154
Taxes
+€123,122
Result 2025
-€199,598
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€138,853
Investment
-€184
Financing
+€229,808
Cash 2024
€4,426
From operations (derived)
-€138,853
Net result for the year
-€199,598
Receivables within one year
+€308,341
Deferred charges and accrued income
-€6,000
Trade debts
+€5,633
Tax, wage and social debts
-€49,158
Other debts
-€198,072
Accrued charges and deferred income
+€1
Investment (derived)
-€184
Investment in fixed assets (net)
-€184
Financing
+€229,808
Debts after one year
+€229,808
Cash 2025
€95,197
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €340,844 | €129,458 | -€211,386 | -62.0% |
| Fixed assets | 21/28 | - | €184 | +€184 | |
| Financial fixed assets | 28 | - | €184 | +€184 | |
| Other financial fixed assets | 284/8 | - | €184 | +€184 | |
| Amounts receivable and cash guarantees | 285/8 | - | €184 | +€184 | |
| Current assets | 29/58 | €340,844 | €129,274 | -€211,570 | -62.1% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €336,418 | €28,077 | -€308,341 | -91.7% |
| Trade receivables | 40 | - | €21,956 | +€21,956 | |
| Other amounts receivable | 41 | €336,418 | €6,121 | -€330,297 | -98.2% |
| Cash at bank and in hand | 54/58 | €4,426 | €95,197 | +€90,771 | +2,051% |
| Deferred charges and accrued income | 490/1 | - | €6,000 | +€6,000 | |
| Total equity and liabilities | 10/49 | €340,844 | €129,458 | -€211,386 | -62.0% |
| Equity | 10/15 | -€2,885,772 | -€3,085,370 | -€199,598 | -6.9% |
| Contributions | 10/11 | €97,000 | €97,000 | = | 0.0% |
| Reserves | 13 | €9,700 | €9,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,700 | €9,700 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,700 | €9,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,992,472 | -€3,192,070 | -€199,598 | -6.7% |
| Amounts payable | 17/49 | €3,226,616 | €3,214,828 | -€11,788 | -0.4% |
| Amounts payable after more than one year | 17 | €2,889,968 | €3,119,777 | +€229,808 | +8.0% |
| Financial debts | 170/4 | €2,889,968 | €3,119,777 | +€229,808 | +8.0% |
| Subordinated loans | 170 | €2,889,968 | €3,119,777 | +€229,808 | +8.0% |
| Amounts payable within one year | 42/48 | €336,647 | €95,051 | -€241,597 | -71.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €4,489 | €10,122 | +€5,633 | +125% |
| Suppliers | 440/4 | €4,489 | €10,122 | +€5,633 | +125% |
| Taxes, remuneration and social security | 45 | €109,087 | €59,929 | -€49,158 | -45.1% |
| Taxes | 450/3 | €109,087 | €43,671 | -€65,416 | -60.0% |
| Remuneration and social security | 454/9 | - | €16,258 | +€16,258 | |
| Other amounts payable | 47/48 | €223,072 | €25,000 | -€198,072 | -88.8% |
| Accrued charges and deferred income | 492/3 | - | €1 | +€1 | |
| Operating income | 70/76A | €21,855 | €33,224 | +€11,369 | +52.0% |
| Turnover | 70 | - | €33,224 | +€33,224 | |
| Non-recurring operating income | 76A | €21,855 | - | -€21,855 | |
| Operating charges | 60/66A | -€299,054 | €133,469 | +€432,522 | |
| Goods for resale, raw materials and consumables | 60 | - | €8,121 | +€8,121 | |
| Purchases | 600/8 | - | €8,121 | +€8,121 | |
| Services and other goods | 61 | €20,150 | €64,275 | +€44,125 | +219% |
| Remuneration, social security and pensions | 62 | - | €55,355 | +€55,355 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€336,418 | - | +€336,418 | |
| Other operating charges | 640/8 | €3,215 | €2,017 | -€1,198 | -37.3% |
| Non-recurring operating charges | 66A | €14,000 | €3,701 | -€10,299 | -73.6% |
| Operating profit (loss) | 9901 | €320,908 | -€100,245 | -€421,153 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Income from current assets | 751 | €0 | - | = | |
| Financial charges | 65/66B | €9,735 | €115,889 | +€106,154 | +1,090% |
| Recurring financial charges | 65 | €9,735 | €115,889 | +€106,154 | +1,090% |
| Debt charges | 650 | €8,841 | €8,526 | -€315 | -3.6% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | - | -€2,719,921 | -€2.7m | |
| Other financial charges | 652/9 | €893 | €2,827,284 | +€2.8m | +316,349% |
| Profit (loss) for the period before taxes | 9903 | €311,174 | -€216,134 | -€527,308 | |
| Income taxes | 67/77 | €106,587 | -€16,536 | -€123,122 | |
| Taxes | 670/3 | €119,087 | - | -€119,087 | |
| Tax adjustments and reversals of tax provisions | 77 | €12,500 | €16,536 | +€4,036 | +32.3% |
| Profit (loss) for the period | 9904 | €204,587 | -€199,598 | -€404,185 | |
| Profit (loss) for the period to be appropriated | 9905 | €204,587 | -€199,598 | -€404,185 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.