ADVENSYS ICT: 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.
ADVENSYS ICT
Largest movements
- Receivables within one year +€153,372
up €153,372 (+28.5%), from €538,775 to €692,148
of which Trade receivables: +€158,355
- Cash -€112,927
down €112,927 (-55.5%), from €203,402 to €90,475
mainly Receivables within one year (-€153,372) and Contributions, distributions and other (-€140,000)
- Tangible fixed assets +€52,810
new in 2025: €52,810
- Stocks and contracts +€40,771
up €40,771 (+955%), from €4,271 to €45,043
- Short-term financial debts +€105,312
up €105,312 (+104%), from €100,827 to €206,139
of which Credit institutions: +€125,000
- Profit (loss) carried forward +€79,362
up €79,362 (+55.1%), from €143,934 to €223,296
- Trade debts -€65,648
down €65,648 (-24.0%), from €272,973 to €207,325
- Advances received +€44,851
new in 2025: €44,851
- Tax, wage and social debts -€33,588
down €33,588 (-26.8%), from €125,329 to €91,741
of which Remuneration and social security: -€46,568
- Staff costs -€149,666
down €149,666 (-30.4%), from €492,811 to €343,145
- Gross operating margin -€98,295
down €98,295 (-13.4%), from €735,443 to €637,148
- Write-downs -€58,550
down €58,550, from €46,210 to -€12,340
- Taxes +€25,028
up €25,028 (+46.7%), from €53,623 to €78,651
- Financial charges +€9,822
up €9,822 (+202%), from €4,872 to €14,695
of which Financial charges: +€9,022
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 | €746,449 | €886,063 | +€139,614 | +18.7% |
| Fixed assets | 21/28 | - | €52,810 | +€52,810 | |
| Tangible fixed assets | 22/27 | - | €52,810 | +€52,810 | |
| Furniture and vehicles | 24 | - | €52,810 | +€52,810 | |
| Current assets | 29/58 | €746,449 | €833,253 | +€86,804 | +11.6% |
| Stocks and contracts in progress | 3 | €4,271 | €45,043 | +€40,771 | +955% |
| Stocks | 30/36 | €4,271 | €45,043 | +€40,771 | +955% |
| Amounts receivable within one year | 40/41 | €538,775 | €692,148 | +€153,372 | +28.5% |
| Trade receivables | 40 | €178,073 | €336,427 | +€158,355 | +88.9% |
| Other amounts receivable | 41 | €360,703 | €355,720 | -€4,982 | -1.4% |
| Cash at bank and in hand | 54/58 | €203,402 | €90,475 | -€112,927 | -55.5% |
| Deferred charges and accrued income | 490/1 | - | €5,588 | +€5,588 | |
| Total equity and liabilities | 10/49 | €746,449 | €886,063 | +€139,614 | +18.7% |
| Equity | 10/15 | €222,318 | €301,680 | +€79,362 | +35.7% |
| Contributions | 10/11 | €78,384 | €78,384 | = | 0.0% |
| Capital | 10 | €78,384 | - | -€78,384 | |
| Issued capital | 100 | €78,384 | - | -€78,384 | |
| Profit (loss) carried forward | 14 | €143,934 | €223,296 | +€79,362 | +55.1% |
| Amounts payable | 17/49 | €524,131 | €584,383 | +€60,252 | +11.5% |
| Amounts payable after more than one year | 17 | - | €26,144 | +€26,144 | |
| Financial debts | 170/4 | - | €26,144 | +€26,144 | |
| Amounts payable within one year | 42/48 | €499,129 | €558,239 | +€59,110 | +11.8% |
| Current portion of amounts payable after more than one year | 42 | - | €8,183 | +€8,183 | |
| Financial debts | 43 | €100,827 | €206,139 | +€105,312 | +104% |
| Credit institutions | 430/8 | - | €125,000 | +€125,000 | |
| Other loans | 439 | €100,827 | €81,139 | -€19,688 | -19.5% |
| Trade debts | 44 | €272,973 | €207,325 | -€65,648 | -24.0% |
| Suppliers | 440/4 | €272,973 | €207,325 | -€65,648 | -24.0% |
| Advances received on contracts in progress | 46 | - | €44,851 | +€44,851 | |
| Taxes, remuneration and social security | 45 | €125,329 | €91,741 | -€33,588 | -26.8% |
| Taxes | 450/3 | €24,660 | €37,639 | +€12,980 | +52.6% |
| Remuneration and social security | 454/9 | €100,670 | €54,102 | -€46,568 | -46.3% |
| Accrued charges and deferred income | 492/3 | €25,002 | - | -€25,002 | |
| Remuneration, social security and pensions | 62 | €492,811 | €343,145 | -€149,666 | -30.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,912 | +€2,912 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €46,210 | -€12,340 | -€58,550 | |
| Other operating charges | 640/8 | - | €1,043 | +€1,043 | |
| Gross operating margin | 9900 | €735,443 | €637,148 | -€98,295 | -13.4% |
| Operating profit (loss) | 9901 | €196,422 | €302,388 | +€105,966 | +53.9% |
| Financial income | 75/76B | €6,007 | €10,319 | +€4,312 | +71.8% |
| Recurring financial income | 75 | €6,007 | €19 | -€5,988 | -99.7% |
| Non-recurring financial income | 76B | - | €10,300 | +€10,300 | |
| Financial charges | 65/66B | €4,872 | €14,695 | +€9,822 | +202% |
| Recurring financial charges | 65 | €4,872 | €13,895 | +€9,022 | +185% |
| Non-recurring financial charges | 66B | - | €800 | +€800 | |
| Profit (loss) for the period before taxes | 9903 | €197,557 | €298,013 | +€100,456 | +50.8% |
| Income taxes | 67/77 | €53,623 | €78,651 | +€25,028 | +46.7% |
| Profit (loss) for the period | 9904 | €143,934 | €219,362 | +€75,428 | +52.4% |
| Profit (loss) for the period to be appropriated | 9905 | €143,934 | €219,362 | +€75,428 | +52.4% |
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 14 October 2026 via checked.be.