AdvantITge: 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.
AdvantITge
Largest movements
- Receivables within one year -€68,783
down €68,783 (-68.9%), from €99,822 to €31,039
of which Trade receivables: -€62,671
- Intangible fixed assets +€48,000
up €48,000 (+125.0%), from €38,400 to €86,400
- Cash -€39,045
down €39,045 (-26.6%), from €146,942 to €107,897
mainly Investment in fixed assets (net) (-€73,050) and Trade debts (-€55,155)
- Tangible fixed assets -€18,417
down €18,417 (-23.0%), from €80,108 to €61,691
of which Furniture and vehicles: -€15,203
- Trade debts -€55,155
down €55,155 (-59.0%), from €93,545 to €38,390
- Debts after one year -€17,631
down €17,631 (-35.8%), from €49,246 to €31,616
- Tax, wage and social debts -€4,837
down €4,837 (-10.2%), from €47,326 to €42,489
of which Remuneration and social security: -€4,720
- Gross operating margin +€111,510
up €111,510 (+80.1%), from €139,224 to €250,735
- Staff costs +€86,992
up €86,992 (+75.5%), from €115,250 to €202,243
- Depreciation +€24,585
up €24,585 (+130.2%), from €18,883 to €43,468
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €365,272 | €287,027 | -€78,245 | -21.4% |
| Fixed assets | 21/28 | €118,508 | €148,091 | +€29,583 | +25.0% |
| Intangible fixed assets | 21 | €38,400 | €86,400 | +€48,000 | +125.0% |
| Tangible fixed assets | 22/27 | €80,108 | €61,691 | -€18,417 | -23.0% |
| Plant, machinery and equipment | 23 | €7,794 | €4,579 | -€3,214 | -41.2% |
| Furniture and vehicles | 24 | €72,314 | €57,111 | -€15,203 | -21.0% |
| Current assets | 29/58 | €246,764 | €138,936 | -€107,827 | -43.7% |
| Amounts receivable within one year | 40/41 | €99,822 | €31,039 | -€68,783 | -68.9% |
| Trade receivables | 40 | €81,930 | €19,259 | -€62,671 | -76.5% |
| Other amounts receivable | 41 | €17,892 | €11,781 | -€6,111 | -34.2% |
| Cash at bank and in hand | 54/58 | €146,942 | €107,897 | -€39,045 | -26.6% |
| Total equity and liabilities | 10/49 | €365,272 | €287,027 | -€78,245 | -21.4% |
| Equity | 10/15 | €147,108 | €145,754 | -€1,354 | -0.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €127,108 | €127,108 | = | 0.0% |
| Distributable reserves | 133 | €127,108 | €127,108 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€1,354 | -€1,354 | |
| Amounts payable | 17/49 | €218,163 | €141,273 | -€76,890 | -35.2% |
| Amounts payable after more than one year | 17 | €49,246 | €31,616 | -€17,631 | -35.8% |
| Financial debts | 170/4 | €49,246 | €31,616 | -€17,631 | -35.8% |
| Amounts payable within one year | 42/48 | €168,917 | €109,658 | -€59,259 | -35.1% |
| Current portion of amounts payable after more than one year | 42 | €16,899 | €17,631 | +€732 | +4.3% |
| Trade debts | 44 | €93,545 | €38,390 | -€55,155 | -59.0% |
| Suppliers | 440/4 | €93,545 | €38,390 | -€55,155 | -59.0% |
| Taxes, remuneration and social security | 45 | €47,326 | €42,489 | -€4,837 | -10.2% |
| Taxes | 450/3 | €13,637 | €13,520 | -€117 | -0.9% |
| Remuneration and social security | 454/9 | €33,689 | €28,969 | -€4,720 | -14.0% |
| Other amounts payable | 47/48 | €11,148 | €11,148 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €115,250 | €202,243 | +€86,992 | +75.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,883 | €43,468 | +€24,585 | +130.2% |
| Other operating charges | 640/8 | €706 | €287 | -€419 | -59.3% |
| Gross operating margin | 9900 | €139,224 | €250,735 | +€111,510 | +80.1% |
| Operating profit (loss) | 9901 | €4,385 | €4,737 | +€352 | +8.0% |
| Financial income | 75/76B | €28 | - | -€28 | |
| Recurring financial income | 75 | €28 | - | -€28 | |
| Financial charges | 65/66B | €1,605 | €3,567 | +€1,962 | +122.2% |
| Recurring financial charges | 65 | €1,605 | €3,567 | +€1,962 | +122.2% |
| Profit (loss) for the period before taxes | 9903 | €2,808 | €1,171 | -€1,638 | -58.3% |
| Income taxes | 67/77 | €2,508 | €2,525 | +€17 | +0.7% |
| Profit (loss) for the period | 9904 | €301 | -€1,354 | -€1,655 | |
| Profit (loss) for the period to be appropriated | 9905 | €301 | -€1,354 | -€1,655 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.