Advantive 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.
Advantive Belgium
Largest movements
- Cash +€283,439
up €283,439 (+77.3%), from €366,826 to €650,265
mainly Net result for the year (+€225,352) and Other debts (+€73,315)
- Receivables within one year +€15,598
up €15,598 (+10.0%), from €155,418 to €171,016
of which Trade receivables: +€13,627
- Tangible fixed assets -€13,404
down €13,404 (-32.0%), from €41,871 to €28,467
of which Furniture and vehicles: -€15,823
- Deferred charges and accrued income -€8,814
down €8,814 (-40.9%), from €21,540 to €12,726
- Other debts +€73,315
up €73,315 (+273%), from €26,875 to €100,190
- Reserves +€64,545
up €64,545 (+20.1%), from €321,391 to €385,936
- Profit (loss) carried forward +€60,807
up €60,807 (+94.2%), from €64,545 to €125,352
- Trade debts +€51,349
up €51,349 (+51.8%), from €99,056 to €150,405
- Current portion of long-term debt +€21,165
up €21,165 (+103%), from €20,592 to €41,757
- Gross operating margin +€39,156
up €39,156 (+6.2%), from €627,515 to €666,671
- Taxes +€16,323
up €16,323 (+51.2%), from €31,904 to €48,227
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 | €592,325 | €869,144 | +€276,819 | +46.7% |
| Fixed assets | 21/28 | €48,541 | €35,137 | -€13,404 | -27.6% |
| Tangible fixed assets | 22/27 | €41,871 | €28,467 | -€13,404 | -32.0% |
| Plant, machinery and equipment | 23 | - | €2,419 | +€2,419 | |
| Furniture and vehicles | 24 | €41,871 | €26,048 | -€15,823 | -37.8% |
| Financial fixed assets | 28 | €6,670 | €6,670 | = | 0.0% |
| Current assets | 29/58 | €543,784 | €834,007 | +€290,223 | +53.4% |
| Amounts receivable within one year | 40/41 | €155,418 | €171,016 | +€15,598 | +10.0% |
| Trade receivables | 40 | €139,907 | €153,534 | +€13,627 | +9.7% |
| Other amounts receivable | 41 | €15,511 | €17,482 | +€1,971 | +12.7% |
| Cash at bank and in hand | 54/58 | €366,826 | €650,265 | +€283,439 | +77.3% |
| Deferred charges and accrued income | 490/1 | €21,540 | €12,726 | -€8,814 | -40.9% |
| Total equity and liabilities | 10/49 | €592,325 | €869,144 | +€276,819 | +46.7% |
| Equity | 10/15 | €404,536 | €529,888 | +€125,352 | +31.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €321,391 | €385,936 | +€64,545 | +20.1% |
| Distributable reserves | 133 | €321,391 | €385,936 | +€64,545 | +20.1% |
| Profit (loss) carried forward | 14 | €64,545 | €125,352 | +€60,807 | +94.2% |
| Amounts payable | 17/49 | €187,789 | €339,257 | +€151,467 | +80.7% |
| Amounts payable within one year | 42/48 | €186,454 | €339,257 | +€152,802 | +82.0% |
| Current portion of amounts payable after more than one year | 42 | €20,592 | €41,757 | +€21,165 | +103% |
| Trade debts | 44 | €99,056 | €150,405 | +€51,349 | +51.8% |
| Suppliers | 440/4 | €99,056 | €150,405 | +€51,349 | +51.8% |
| Taxes, remuneration and social security | 45 | €39,932 | €46,904 | +€6,973 | +17.5% |
| Taxes | 450/3 | €8,938 | €6,041 | -€2,897 | -32.4% |
| Remuneration and social security | 454/9 | €30,994 | €40,863 | +€9,870 | +31.8% |
| Other amounts payable | 47/48 | €26,875 | €100,190 | +€73,315 | +273% |
| Accrued charges and deferred income | 492/3 | €1,335 | - | -€1,335 | |
| Remuneration, social security and pensions | 62 | €367,088 | €373,088 | +€6,000 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,076 | €9,258 | -€3,818 | -29.2% |
| Other operating charges | 640/8 | €4,049 | €1,685 | -€2,363 | -58.4% |
| Non-recurring operating charges | 66A | €119,208 | €8,249 | -€110,959 | -93.1% |
| Gross operating margin | 9900 | €627,515 | €666,671 | +€39,156 | +6.2% |
| Operating profit (loss) | 9901 | €124,094 | €274,391 | +€150,297 | +121% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €770 | €813 | +€42 | +5.5% |
| Recurring financial charges | 65 | €770 | €813 | +€42 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | €123,324 | €273,578 | +€150,254 | +122% |
| Income taxes | 67/77 | €31,904 | €48,227 | +€16,323 | +51.2% |
| Profit (loss) for the period | 9904 | €91,420 | €225,352 | +€133,932 | +147% |
| Profit (loss) for the period to be appropriated | 9905 | €91,420 | €225,352 | +€133,932 | +147% |
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 31 October 2026 via checked.be.