Advando Belgium: 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.
Advando Belgium
Largest movements
- Receivables within one year -€53,790
down €53,790 (-42.1%), from €127,919 to €74,129
of which Other amounts receivable: -€103,152
- Cash -€2,786
down €2,786 (-100%), from €2,786 to €0
mainly Trade debts (-€53,374) and Tax, wage and social debts (-€8,717)
- Trade debts -€53,374
down €53,374 (-83.0%), from €64,271 to €10,897
- Reserves +€9,071
new in 2025: €9,071
- Tax, wage and social debts -€8,717
down €8,717 (-15.0%), from €58,235 to €49,519
- Profit (loss) carried forward -€3,557
down €3,557 (-100%), from €3,557 to €0
- Other operating charges +€10,397
up €10,397 (+395%), from €2,630 to €13,027
- Gross operating margin +€6,556
up €6,556 (+45.8%), from €14,311 to €20,867
- Taxes +€1,838
new in 2025: €1,838
- Staff costs +€253
up €253, from €0 to €253
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 | €131,063 | €74,487 | -€56,576 | -43.2% |
| Fixed assets | 21/28 | €358 | €358 | = | 0.0% |
| Financial fixed assets | 28 | €358 | €358 | = | 0.0% |
| Current assets | 29/58 | €130,705 | €74,129 | -€56,576 | -43.3% |
| Amounts receivable within one year | 40/41 | €127,919 | €74,129 | -€53,790 | -42.1% |
| Trade receivables | 40 | €24,767 | €74,129 | +€49,362 | +199% |
| Other amounts receivable | 41 | €103,152 | €0 | -€103,152 | -100% |
| Cash at bank and in hand | 54/58 | €2,786 | €0 | -€2,786 | -100% |
| Total equity and liabilities | 10/49 | €131,063 | €74,487 | -€56,576 | -43.2% |
| Equity | 10/15 | €8,557 | €14,071 | +€5,515 | +64.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €9,071 | +€9,071 | |
| Distributable reserves | 133 | - | €9,071 | +€9,071 | |
| Profit (loss) carried forward | 14 | €3,557 | €0 | -€3,557 | -100% |
| Amounts payable | 17/49 | €122,506 | €60,415 | -€62,091 | -50.7% |
| Amounts payable within one year | 42/48 | €122,506 | €60,415 | -€62,091 | -50.7% |
| Trade debts | 44 | €64,271 | €10,897 | -€53,374 | -83.0% |
| Suppliers | 440/4 | €64,271 | €10,897 | -€53,374 | -83.0% |
| Taxes, remuneration and social security | 45 | €58,235 | €49,519 | -€8,717 | -15.0% |
| Taxes | 450/3 | €58,235 | €49,519 | -€8,717 | -15.0% |
| Remuneration, social security and pensions | 62 | €0 | €253 | +€253 | |
| Other operating charges | 640/8 | €2,630 | €13,027 | +€10,397 | +395% |
| Gross operating margin | 9900 | €14,311 | €20,867 | +€6,556 | +45.8% |
| Operating profit (loss) | 9901 | €11,681 | €7,587 | -€4,094 | -35.1% |
| Financial charges | 65/66B | €201 | €234 | +€33 | +16.5% |
| Recurring financial charges | 65 | €201 | €234 | +€33 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | €11,480 | €7,353 | -€4,128 | -36.0% |
| Income taxes | 67/77 | - | €1,838 | +€1,838 | |
| Profit (loss) for the period | 9904 | €11,480 | €5,515 | -€5,966 | -52.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,480 | €5,515 | -€5,966 | -52.0% |
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 14 October 2026 via checked.be.