Advesi: 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.
Advesi
Largest movements
- Cash +€63,012
up €63,012 (+130.3%), from €48,342 to €111,354
mainly Other debts (+€80,144) and Receivables within one year (+€34,058)
- Receivables within one year -€34,058
no longer reported in 2025 (was €34,058)
- Tangible fixed assets -€1,663
down €1,663 (-30.7%), from €5,414 to €3,751
- Other debts +€80,144
up €80,144 (+2100.9%), from €3,815 to €83,958
- Profit (loss) carried forward -€52,626
down €52,626 (-95.7%), from €55,010 to €2,383
- Gross operating margin +€2,482
up €2,482 (+7.0%), from €35,539 to €38,021
- Taxes +€487
up €487 (+6.3%), from €7,760 to €8,247
- Other operating charges +€484
up €484 (+194.9%), from €249 to €733
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 | €88,120 | €115,410 | +€27,290 | +31.0% |
| Fixed assets | 21/28 | €5,414 | €3,751 | -€1,663 | -30.7% |
| Tangible fixed assets | 22/27 | €5,414 | €3,751 | -€1,663 | -30.7% |
| Furniture and vehicles | 24 | €5,414 | €3,751 | -€1,663 | -30.7% |
| Current assets | 29/58 | €82,706 | €111,660 | +€28,954 | +35.0% |
| Amounts receivable within one year | 40/41 | €34,058 | - | -€34,058 | |
| Trade receivables | 40 | €34,058 | - | -€34,058 | |
| Cash at bank and in hand | 54/58 | €48,342 | €111,354 | +€63,012 | +130.3% |
| Deferred charges and accrued income | 490/1 | €306 | €306 | = | 0.0% |
| Total equity and liabilities | 10/49 | €88,120 | €115,410 | +€27,290 | +31.0% |
| Equity | 10/15 | €58,010 | €5,383 | -€52,626 | -90.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,010 | €2,383 | -€52,626 | -95.7% |
| Amounts payable | 17/49 | €30,110 | €110,027 | +€79,917 | +265.4% |
| Amounts payable within one year | 42/48 | €30,110 | €110,027 | +€79,917 | +265.4% |
| Trade debts | 44 | €1,752 | €1,316 | -€436 | -24.9% |
| Suppliers | 440/4 | €1,752 | €1,316 | -€436 | -24.9% |
| Taxes, remuneration and social security | 45 | €24,543 | €24,753 | +€209 | +0.9% |
| Taxes | 450/3 | €22,043 | €22,253 | +€209 | +0.9% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €3,815 | €83,958 | +€80,144 | +2100.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,663 | €1,663 | = | 0.0% |
| Other operating charges | 640/8 | €249 | €733 | +€484 | +194.9% |
| Gross operating margin | 9900 | €35,539 | €38,021 | +€2,482 | +7.0% |
| Operating profit (loss) | 9901 | €33,627 | €35,625 | +€1,998 | +5.9% |
| Financial income | 75/76B | €0 | €6 | +€6 | |
| Recurring financial income | 75 | €0 | €6 | +€6 | |
| Financial charges | 65/66B | €12 | €10 | -€3 | -21.0% |
| Recurring financial charges | 65 | €12 | €10 | -€3 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €33,614 | €35,621 | +€2,007 | +6.0% |
| Income taxes | 67/77 | €7,760 | €8,247 | +€487 | +6.3% |
| Profit (loss) for the period | 9904 | €25,854 | €27,374 | +€1,519 | +5.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,854 | €27,374 | +€1,519 | +5.9% |
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 6 October 2026 via checked.be.