ADVANTIUM: 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.
ADVANTIUM
Largest movements
- Tangible fixed assets +€99,508
up €99,508 (+4755.8%), from €2,092 to €101,600
of which Furniture and vehicles: +€96,307
- Cash +€69,867
up €69,867 (+17.8%), from €393,263 to €463,130
mainly Net result for the year (+€107,886) and Debts after one year (+€64,292)
- Receivables within one year +€37,859
up €37,859 (+74.9%), from €50,573 to €88,431
of which Trade receivables: +€49,499
- Current investments +€26,100
up €26,100 (+12.3%), from €212,284 to €238,384
- Deferred charges and accrued income -€19,048
down €19,048 (-99.0%), from €19,237 to €189
- Reserves +€107,886
up €107,886 (+18.1%), from €594,709 to €702,595
of which Distributable reserves: +€107,886
- Debts after one year +€64,292
new in 2025: €64,292
- Tax, wage and social debts +€46,949
up €46,949 (+333.6%), from €14,072 to €61,021
- Current portion of long-term debt +€20,781
new in 2025: €20,781
- Other debts -€20,679
down €20,679 (-46.4%), from €44,530 to €23,850
- Gross operating margin +€12,609
up €12,609 (+8.5%), from €149,086 to €161,694
- Taxes +€7,484
up €7,484 (+17.2%), from €43,504 to €50,988
- Financial income +€4,159
new in 2025: €4,159
- Depreciation +€2,608
up €2,608 (+321.0%), from €812 to €3,420
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 | €677,449 | €891,734 | +€214,285 | +31.6% |
| Fixed assets | 21/28 | €2,092 | €101,600 | +€99,508 | +4755.8% |
| Tangible fixed assets | 22/27 | €2,092 | €101,600 | +€99,508 | +4755.8% |
| Land and buildings | 22 | €1,665 | €4,143 | +€2,478 | +148.8% |
| Plant, machinery and equipment | 23 | €427 | €1,150 | +€723 | +169.1% |
| Furniture and vehicles | 24 | - | €96,307 | +€96,307 | |
| Current assets | 29/58 | €675,356 | €790,134 | +€114,778 | +17.0% |
| Amounts receivable within one year | 40/41 | €50,573 | €88,431 | +€37,859 | +74.9% |
| Trade receivables | 40 | €38,932 | €88,431 | +€49,499 | +127.1% |
| Other amounts receivable | 41 | €11,641 | €0 | -€11,641 | -100.0% |
| Current investments | 50/53 | €212,284 | €238,384 | +€26,100 | +12.3% |
| Cash at bank and in hand | 54/58 | €393,263 | €463,130 | +€69,867 | +17.8% |
| Deferred charges and accrued income | 490/1 | €19,237 | €189 | -€19,048 | -99.0% |
| Total equity and liabilities | 10/49 | €677,449 | €891,734 | +€214,285 | +31.6% |
| Equity | 10/15 | €607,109 | €714,995 | +€107,886 | +17.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €594,709 | €702,595 | +€107,886 | +18.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €592,849 | €700,735 | +€107,886 | +18.2% |
| Amounts payable | 17/49 | €70,340 | €176,739 | +€106,399 | +151.3% |
| Amounts payable after more than one year | 17 | - | €64,292 | +€64,292 | |
| Financial debts | 170/4 | - | €64,292 | +€64,292 | |
| Amounts payable within one year | 42/48 | €70,340 | €112,447 | +€42,107 | +59.9% |
| Current portion of amounts payable after more than one year | 42 | - | €20,781 | +€20,781 | |
| Trade debts | 44 | €11,738 | €6,795 | -€4,944 | -42.1% |
| Suppliers | 440/4 | €11,738 | €6,795 | -€4,944 | -42.1% |
| Taxes, remuneration and social security | 45 | €14,072 | €61,021 | +€46,949 | +333.6% |
| Taxes | 450/3 | €14,072 | €61,021 | +€46,949 | +333.6% |
| Other amounts payable | 47/48 | €44,530 | €23,850 | -€20,679 | -46.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €812 | €3,420 | +€2,608 | +321.0% |
| Other operating charges | 640/8 | €512 | €567 | +€54 | +10.6% |
| Gross operating margin | 9900 | €149,086 | €161,694 | +€12,609 | +8.5% |
| Operating profit (loss) | 9901 | €147,761 | €157,707 | +€9,946 | +6.7% |
| Financial income | 75/76B | - | €4,159 | +€4,159 | |
| Recurring financial income | 75 | - | €4,159 | +€4,159 | |
| Financial charges | 65/66B | €3,077 | €2,992 | -€85 | -2.8% |
| Recurring financial charges | 65 | €3,077 | €2,992 | -€85 | -2.8% |
| Profit (loss) for the period before taxes | 9903 | €144,684 | €158,874 | +€14,190 | +9.8% |
| Income taxes | 67/77 | €43,504 | €50,988 | +€7,484 | +17.2% |
| Profit (loss) for the period | 9904 | €101,180 | €107,886 | +€6,706 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €101,180 | €107,886 | +€6,706 | +6.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.