ADVANTRIX: 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.
ADVANTRIX
Largest movements
- Receivables within one year -€51,014
down €51,014 (-12.1%), from €422,009 to €370,994
of which Trade receivables: -€49,344
- Cash -€15,999
down €15,999 (-22.4%), from €71,496 to €55,497
mainly Trade debts (-€59,073) and Tax, wage and social debts (-€14,994)
- Financial fixed assets -€7,200
down €7,200 (-89.0%), from €8,092 to €892
- Trade debts -€59,073
down €59,073 (-12.5%), from €473,536 to €414,463
- Tax, wage and social debts -€14,994
no longer reported in 2024 (was €14,994)
- Gross operating margin -€37,630
down €37,630 (-98.5%), from €38,186 to €557
- Taxes -€12,038
down €12,038, from €6,994 to -€5,043
- Other operating charges -€2,532
down €2,532 (-41.2%), from €6,154 to €3,621
- Financial charges -€388
down €388 (-85.9%), from €451 to €64
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.
Derived cash bridge
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 | €604,328 | €532,226 | -€72,101 | -11.9% |
| Fixed assets | 21/28 | €8,244 | €892 | -€7,352 | -89.2% |
| Tangible fixed assets | 22/27 | €152 | - | -€152 | |
| Furniture and vehicles | 24 | €152 | - | -€152 | |
| Financial fixed assets | 28 | €8,092 | €892 | -€7,200 | -89.0% |
| Current assets | 29/58 | €596,084 | €531,335 | -€64,749 | -10.9% |
| Stocks and contracts in progress | 3 | €102,579 | €102,579 | = | 0.0% |
| Stocks | 30/36 | €102,579 | €102,579 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €422,009 | €370,994 | -€51,014 | -12.1% |
| Trade receivables | 40 | €388,228 | €338,884 | -€49,344 | -12.7% |
| Other amounts receivable | 41 | €33,781 | €32,111 | -€1,670 | -4.9% |
| Cash at bank and in hand | 54/58 | €71,496 | €55,497 | -€15,999 | -22.4% |
| Deferred charges and accrued income | 490/1 | - | €2,264 | +€2,264 | |
| Total equity and liabilities | 10/49 | €604,328 | €532,226 | -€72,101 | -11.9% |
| Equity | 10/15 | €115,798 | €117,763 | +€1,966 | +1.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €100,798 | €102,763 | +€1,966 | +2.0% |
| Distributable reserves | 133 | €100,798 | €102,763 | +€1,966 | +2.0% |
| Amounts payable | 17/49 | €488,530 | €414,463 | -€74,067 | -15.2% |
| Amounts payable within one year | 42/48 | €488,530 | €414,463 | -€74,067 | -15.2% |
| Trade debts | 44 | €473,536 | €414,463 | -€59,073 | -12.5% |
| Suppliers | 440/4 | €473,536 | €414,463 | -€59,073 | -12.5% |
| Taxes, remuneration and social security | 45 | €14,994 | - | -€14,994 | |
| Taxes | 450/3 | €14,994 | - | -€14,994 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €303 | €152 | -€151 | -49.8% |
| Other operating charges | 640/8 | €6,154 | €3,621 | -€2,532 | -41.2% |
| Gross operating margin | 9900 | €38,186 | €557 | -€37,630 | -98.5% |
| Operating profit (loss) | 9901 | €31,730 | -€3,217 | -€34,947 | |
| Financial income | 75/76B | €2 | €203 | +€201 | +11,908% |
| Recurring financial income | 75 | €2 | €203 | +€201 | +11,908% |
| Financial charges | 65/66B | €451 | €64 | -€388 | -85.9% |
| Recurring financial charges | 65 | €451 | €64 | -€388 | -85.9% |
| Profit (loss) for the period before taxes | 9903 | €31,280 | -€3,078 | -€34,358 | |
| Income taxes | 67/77 | €6,994 | -€5,043 | -€12,038 | |
| Profit (loss) for the period | 9904 | €24,286 | €1,966 | -€22,320 | -91.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,286 | €1,966 | -€22,320 | -91.9% |
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 14 October 2026 via checked.be.