ADVENIO: 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.
ADVENIO
Largest movements
- Cash -€67,282
down €67,282 (-91.1%), from €73,838 to €6,557
mainly Contributions, distributions and other (-€76,367) and Receivables within one year (-€56,796)
- Receivables within one year +€56,796
up €56,796 (+140.6%), from €40,409 to €97,205
of which Other amounts receivable: +€34,300
- Current investments +€7,396
new in 2025: €7,396
- Tangible fixed assets -€2,422
down €2,422 (-28.8%), from €8,406 to €5,984
of which Land and buildings: -€3,282
- Tax, wage and social debts +€13,999
up €13,999 (+841.4%), from €1,664 to €15,663
- Reserves -€9,800
no longer reported in 2025 (was €9,800)
- Other debts -€5,637
down €5,637 (-6.9%), from €82,004 to €76,367
- Debts after one year -€3,693
down €3,693 (-85.6%), from €4,316 to €622
- Gross operating margin -€14,758
down €14,758 (-14.2%), from €104,093 to €89,336
- Financial income -€4,682
down €4,682 (-73.3%), from €6,392 to €1,710
- Taxes -€3,001
down €3,001 (-13.6%), from €22,115 to €19,114
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 | €122,653 | €117,142 | -€5,512 | -4.5% |
| Fixed assets | 21/28 | €8,406 | €5,984 | -€2,422 | -28.8% |
| Tangible fixed assets | 22/27 | €8,406 | €5,984 | -€2,422 | -28.8% |
| Land and buildings | 22 | €8,379 | €5,097 | -€3,282 | -39.2% |
| Furniture and vehicles | 24 | €27 | €888 | +€860 | +3153.6% |
| Current assets | 29/58 | €114,247 | €111,157 | -€3,090 | -2.7% |
| Amounts receivable within one year | 40/41 | €40,409 | €97,205 | +€56,796 | +140.6% |
| Trade receivables | 40 | €9,600 | €32,096 | +€22,496 | +234.3% |
| Other amounts receivable | 41 | €30,809 | €65,109 | +€34,300 | +111.3% |
| Current investments | 50/53 | - | €7,396 | +€7,396 | |
| Cash at bank and in hand | 54/58 | €73,838 | €6,557 | -€67,282 | -91.1% |
| Total equity and liabilities | 10/49 | €122,653 | €117,142 | -€5,512 | -4.5% |
| Equity | 10/15 | €28,800 | €19,000 | -€9,800 | -34.0% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €9,800 | - | -€9,800 | |
| Distributable reserves | 133 | €9,800 | - | -€9,800 | |
| Amounts payable | 17/49 | €93,853 | €98,142 | +€4,288 | +4.6% |
| Amounts payable after more than one year | 17 | €4,316 | €622 | -€3,693 | -85.6% |
| Financial debts | 170/4 | €4,316 | €622 | -€3,693 | -85.6% |
| Amounts payable within one year | 42/48 | €87,391 | €95,847 | +€8,457 | +9.7% |
| Current portion of amounts payable after more than one year | 42 | €3,622 | €3,693 | +€71 | +2.0% |
| Trade debts | 44 | €100 | €124 | +€24 | +23.8% |
| Suppliers | 440/4 | €100 | €124 | +€24 | +23.8% |
| Taxes, remuneration and social security | 45 | €1,664 | €15,663 | +€13,999 | +841.4% |
| Taxes | 450/3 | €1,664 | €15,663 | +€13,999 | +841.4% |
| Other amounts payable | 47/48 | €82,004 | €76,367 | -€5,637 | -6.9% |
| Accrued charges and deferred income | 492/3 | €2,147 | €1,672 | -€475 | -22.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,184 | €3,661 | -€523 | -12.5% |
| Other operating charges | 640/8 | €1,426 | €1,122 | -€305 | -21.4% |
| Gross operating margin | 9900 | €104,093 | €89,336 | -€14,758 | -14.2% |
| Operating profit (loss) | 9901 | €98,483 | €84,553 | -€13,930 | -14.1% |
| Financial income | 75/76B | €6,392 | €1,710 | -€4,682 | -73.3% |
| Recurring financial income | 75 | €6,392 | €1,710 | -€4,682 | -73.3% |
| Financial charges | 65/66B | €756 | €581 | -€174 | -23.1% |
| Recurring financial charges | 65 | €756 | €581 | -€174 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €104,119 | €85,681 | -€18,438 | -17.7% |
| Income taxes | 67/77 | €22,115 | €19,114 | -€3,001 | -13.6% |
| Profit (loss) for the period | 9904 | €82,004 | €66,567 | -€15,437 | -18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €82,004 | €66,567 | -€15,437 | -18.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.