ADVEYES: 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.
ADVEYES
Largest movements
- Tangible fixed assets -€365,517
down €365,517 (-69.7%), from €524,474 to €158,957
of which Land and buildings: -€418,390
- Current investments +€200,849
up €200,849 (+362.7%), from €55,383 to €256,232
- Receivables within one year +€119,087
up €119,087 (+255.8%), from €46,562 to €165,649
of which Other amounts receivable: +€100,421
- Cash -€85,901
down €85,901 (-83.9%), from €102,399 to €16,498
mainly Current investments (-€200,849) and Receivables within one year (-€119,087)
- Reserves -€140,008
down €140,008 (-35.0%), from €400,001 to €259,993
- Trade debts +€50,124
up €50,124 (+250.6%), from €19,999 to €70,123
- Tax, wage and social debts -€24,751
down €24,751 (-39.9%), from €62,106 to €37,355
of which Taxes: -€24,751
- Debts after one year -€23,263
down €23,263 (-16.6%), from €139,807 to €116,544
- Gross operating margin -€135,031
down €135,031, from €91,746 to -€43,284
- Taxes -€27,080
down €27,080 (-96.9%), from €27,944 to €864
- Other operating charges -€1,091
down €1,091 (-32.8%), from €3,326 to €2,235
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 | €728,944 | €597,335 | -€131,609 | -18.1% |
| Fixed assets | 21/28 | €524,474 | €158,957 | -€365,517 | -69.7% |
| Tangible fixed assets | 22/27 | €524,474 | €158,957 | -€365,517 | -69.7% |
| Land and buildings | 22 | €418,390 | - | -€418,390 | |
| Plant, machinery and equipment | 23 | €38,812 | €39,454 | +€642 | +1.7% |
| Furniture and vehicles | 24 | €67,272 | €107,915 | +€40,644 | +60.4% |
| Other tangible fixed assets | 26 | - | €11,587 | +€11,587 | |
| Current assets | 29/58 | €204,470 | €438,378 | +€233,908 | +114.4% |
| Amounts receivable within one year | 40/41 | €46,562 | €165,649 | +€119,087 | +255.8% |
| Trade receivables | 40 | €1,955 | €20,622 | +€18,666 | +954.7% |
| Other amounts receivable | 41 | €44,607 | €145,027 | +€100,421 | +225.1% |
| Current investments | 50/53 | €55,383 | €256,232 | +€200,849 | +362.7% |
| Cash at bank and in hand | 54/58 | €102,399 | €16,498 | -€85,901 | -83.9% |
| Deferred charges and accrued income | 490/1 | €126 | - | -€126 | |
| Total equity and liabilities | 10/49 | €728,944 | €597,335 | -€131,609 | -18.1% |
| Equity | 10/15 | €418,551 | €278,543 | -€140,008 | -33.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €400,001 | €259,993 | -€140,008 | -35.0% |
| Distributable reserves | 133 | €400,001 | €259,993 | -€140,008 | -35.0% |
| Amounts payable | 17/49 | €310,393 | €318,792 | +€8,399 | +2.7% |
| Amounts payable after more than one year | 17 | €139,807 | €116,544 | -€23,263 | -16.6% |
| Financial debts | 170/4 | €139,807 | €116,544 | -€23,263 | -16.6% |
| Amounts payable within one year | 42/48 | €170,586 | €202,248 | +€31,662 | +18.6% |
| Current portion of amounts payable after more than one year | 42 | €22,951 | €23,263 | +€311 | +1.4% |
| Trade debts | 44 | €19,999 | €70,123 | +€50,124 | +250.6% |
| Suppliers | 440/4 | €19,999 | €70,123 | +€50,124 | +250.6% |
| Taxes, remuneration and social security | 45 | €62,106 | €37,355 | -€24,751 | -39.9% |
| Taxes | 450/3 | €59,606 | €34,855 | -€24,751 | -41.5% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €65,529 | €71,507 | +€5,978 | +9.1% |
| Non-recurring operating income | 76A | - | €35,637 | +€35,637 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,245 | €17,506 | -€740 | -4.1% |
| Other operating charges | 640/8 | €3,326 | €2,235 | -€1,091 | -32.8% |
| Gross operating margin | 9900 | €91,746 | -€43,284 | -€135,031 | |
| Operating profit (loss) | 9901 | €70,175 | -€63,024 | -€133,200 | |
| Financial income | 75/76B | €718 | €867 | +€149 | +20.8% |
| Recurring financial income | 75 | €718 | €867 | +€149 | +20.8% |
| Financial charges | 65/66B | €5,138 | €5,479 | +€341 | +6.6% |
| Recurring financial charges | 65 | €5,138 | €5,479 | +€341 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | €65,755 | -€67,637 | -€133,392 | |
| Income taxes | 67/77 | €27,944 | €864 | -€27,080 | -96.9% |
| Profit (loss) for the period | 9904 | €37,811 | -€68,501 | -€106,312 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,811 | -€68,501 | -€106,312 |
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 10 October 2026 via checked.be.