ADVANTAGE EUROPE: 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.
ADVANTAGE EUROPE
Largest movements
- Receivables within one year +€46,242
up €46,242 (+174%), from €26,566 to €72,809
- Cash +€37,808
up €37,808 (+407%), from €9,286 to €47,095
mainly Net result for the year (+€120,685) and Tax, wage and social debts (+€34,434)
- Tangible fixed assets +€14,209
up €14,209 (+197%), from €7,207 to €21,416
of which Furniture and vehicles: +€12,280
- Stocks and contracts +€10,346
up €10,346 (+27.3%), from €37,899 to €48,245
- Reserves +€120,685
up €120,685 (+17,348%), from €696 to €121,381
- Tax, wage and social debts +€34,434
up €34,434 (+1,365%), from €2,522 to €36,957
- Other debts -€24,584
down €24,584 (-100%), from €24,584 to €0
- Trade debts -€21,263
down €21,263 (-62.8%), from €33,868 to €12,605
- Gross operating margin +€160,926
up €160,926 (+14,984%), from €1,074 to €162,000
- Taxes +€33,792
up €33,792 (+19,216%), from €176 to €33,968
- Financial income -€4,709
down €4,709 (-100.0%), from €4,710 to €1
- Depreciation +€1,752
up €1,752 (+49.5%), from €3,537 to €5,288
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 | €81,670 | €190,943 | +€109,273 | +134% |
| Fixed assets | 21/28 | €7,207 | €21,416 | +€14,209 | +197% |
| Tangible fixed assets | 22/27 | €7,207 | €21,416 | +€14,209 | +197% |
| Plant, machinery and equipment | 23 | - | €1,929 | +€1,929 | |
| Furniture and vehicles | 24 | €7,207 | €19,487 | +€12,280 | +170% |
| Current assets | 29/58 | €74,463 | €169,527 | +€95,064 | +128% |
| Stocks and contracts in progress | 3 | €37,899 | €48,245 | +€10,346 | +27.3% |
| Stocks | 30/36 | €37,899 | €48,245 | +€10,346 | +27.3% |
| Amounts receivable within one year | 40/41 | €26,566 | €72,809 | +€46,242 | +174% |
| Trade receivables | 40 | €26,566 | €72,809 | +€46,242 | +174% |
| Cash at bank and in hand | 54/58 | €9,286 | €47,095 | +€37,808 | +407% |
| Deferred charges and accrued income | 490/1 | €711 | €1,378 | +€667 | +93.8% |
| Total equity and liabilities | 10/49 | €81,670 | €190,943 | +€109,273 | +134% |
| Equity | 10/15 | €20,696 | €141,381 | +€120,685 | +583% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €696 | €121,381 | +€120,685 | +17,348% |
| Distributable reserves | 133 | €696 | €121,381 | +€120,685 | +17,348% |
| Amounts payable | 17/49 | €60,974 | €49,562 | -€11,412 | -18.7% |
| Amounts payable within one year | 42/48 | €60,974 | €49,562 | -€11,412 | -18.7% |
| Trade debts | 44 | €33,868 | €12,605 | -€21,263 | -62.8% |
| Suppliers | 440/4 | €33,868 | €12,605 | -€21,263 | -62.8% |
| Taxes, remuneration and social security | 45 | €2,522 | €36,957 | +€34,434 | +1,365% |
| Taxes | 450/3 | €2,522 | €36,957 | +€34,434 | +1,365% |
| Other amounts payable | 47/48 | €24,584 | €0 | -€24,584 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,537 | €5,288 | +€1,752 | +49.5% |
| Other operating charges | 640/8 | €540 | €837 | +€298 | +55.1% |
| Gross operating margin | 9900 | €1,074 | €162,000 | +€160,926 | +14,984% |
| Operating profit (loss) | 9901 | -€3,003 | €155,875 | +€158,877 | |
| Financial income | 75/76B | €4,710 | €1 | -€4,709 | -100.0% |
| Recurring financial income | 75 | €4,710 | €1 | -€4,709 | -100.0% |
| Financial charges | 65/66B | €836 | €1,222 | +€387 | +46.2% |
| Recurring financial charges | 65 | €836 | €1,222 | +€387 | +46.2% |
| Profit (loss) for the period before taxes | 9903 | €872 | €154,653 | +€153,781 | +17,645% |
| Income taxes | 67/77 | €176 | €33,968 | +€33,792 | +19,216% |
| Profit (loss) for the period | 9904 | €696 | €120,685 | +€119,989 | +17,248% |
| Profit (loss) for the period to be appropriated | 9905 | €696 | €120,685 | +€119,989 | +17,248% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.