ADVENCI: 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.
ADVENCI
Largest movements
- Cash +€44,646
up €44,646 (+4313.6%), from €1,035 to €45,681
mainly Trade debts (+€33,436) and Net result for the year (+€18,331)
- Receivables within one year +€16,042
up €16,042 (+86.0%), from €18,645 to €34,686
- Deferred charges and accrued income -€5,778
no longer reported in 2024 (was €5,778)
- Tangible fixed assets -€5,673
down €5,673 (-13.3%), from €42,560 to €36,887
of which Other tangible fixed assets: -€4,236
- Trade debts +€33,436
up €33,436 (+1460.1%), from €2,290 to €35,726
- Profit (loss) carried forward +€18,331
up €18,331, from -€17,913 to €418
- Debts after one year -€9,029
down €9,029 (-28.7%), from €31,448 to €22,420
- Tax, wage and social debts +€6,608
up €6,608 (+1417.7%), from €466 to €7,074
- Gross operating margin +€24,225
up €24,225 (+345.2%), from €7,019 to €31,244
- Staff costs -€18,469
down €18,469, from €18,458 to -€11
- Financial charges +€1,061
up €1,061 (+52.8%), from €2,008 to €3,068
- Other operating charges +€708
up €708 (+20.4%), from €3,474 to €4,183
- Depreciation +€564
up €564 (+11.0%), from €5,109 to €5,673
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 | €71,173 | €120,409 | +€49,237 | +69.2% |
| Fixed assets | 21/28 | €45,715 | €40,042 | -€5,673 | -12.4% |
| Tangible fixed assets | 22/27 | €42,560 | €36,887 | -€5,673 | -13.3% |
| Furniture and vehicles | 24 | €3,415 | €1,978 | -€1,437 | -42.1% |
| Other tangible fixed assets | 26 | €39,145 | €34,910 | -€4,236 | -10.8% |
| Financial fixed assets | 28 | €3,155 | €3,155 | = | 0.0% |
| Current assets | 29/58 | €25,458 | €80,367 | +€54,909 | +215.7% |
| Amounts receivable within one year | 40/41 | €18,645 | €34,686 | +€16,042 | +86.0% |
| Trade receivables | 40 | €18,645 | €34,686 | +€16,042 | +86.0% |
| Cash at bank and in hand | 54/58 | €1,035 | €45,681 | +€44,646 | +4313.6% |
| Deferred charges and accrued income | 490/1 | €5,778 | - | -€5,778 | |
| Total equity and liabilities | 10/49 | €71,173 | €120,409 | +€49,237 | +69.2% |
| Equity | 10/15 | -€10,913 | €7,418 | +€18,331 | |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,913 | €418 | +€18,331 | |
| Amounts payable | 17/49 | €82,086 | €112,991 | +€30,905 | +37.6% |
| Amounts payable after more than one year | 17 | €31,448 | €22,420 | -€9,029 | -28.7% |
| Financial debts | 170/4 | €31,448 | €22,420 | -€9,029 | -28.7% |
| Amounts payable within one year | 42/48 | €50,638 | €90,572 | +€39,934 | +78.9% |
| Current portion of amounts payable after more than one year | 42 | €8,528 | €9,029 | +€501 | +5.9% |
| Trade debts | 44 | €2,290 | €35,726 | +€33,436 | +1460.1% |
| Suppliers | 440/4 | €2,290 | €35,726 | +€33,436 | +1460.1% |
| Taxes, remuneration and social security | 45 | €466 | €7,074 | +€6,608 | +1417.7% |
| Taxes | 450/3 | €466 | €7,074 | +€6,608 | +1417.7% |
| Other amounts payable | 47/48 | €39,354 | €38,743 | -€611 | -1.6% |
| Remuneration, social security and pensions | 62 | €18,458 | -€11 | -€18,469 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,109 | €5,673 | +€564 | +11.0% |
| Other operating charges | 640/8 | €3,474 | €4,183 | +€708 | +20.4% |
| Non-recurring operating charges | 66A | €196 | - | -€196 | |
| Gross operating margin | 9900 | €7,019 | €31,244 | +€24,225 | +345.2% |
| Operating profit (loss) | 9901 | -€20,218 | €21,399 | +€41,617 | |
| Financial income | 75/76B | €64 | - | -€64 | |
| Recurring financial income | 75 | €64 | - | -€64 | |
| Financial charges | 65/66B | €2,008 | €3,068 | +€1,061 | +52.8% |
| Recurring financial charges | 65 | €2,008 | €3,068 | +€1,061 | +52.8% |
| Profit (loss) for the period before taxes | 9903 | -€22,161 | €18,331 | +€40,493 | |
| Income taxes | 67/77 | €85 | - | -€85 | |
| Profit (loss) for the period | 9904 | -€22,246 | €18,331 | +€40,577 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,246 | €18,331 | +€40,577 |
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 9 October 2026 via checked.be.