Advice & Management: 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.
Advice & Management
Largest movements
- Receivables within one year +€4,027
up €4,027 (+14.9%), from €27,010 to €31,037
of which Trade receivables: +€4,027
- Intangible fixed assets -€2,976
down €2,976 (-18.2%), from €16,356 to €13,381
- Cash +€2,404
up €2,404 (+15721.3%), from €15 to €2,419
mainly Trade debts (+€8,348) and Depreciation (+€6,841)
- Tangible fixed assets -€1,825
down €1,825 (-47.9%), from €3,808 to €1,983
- Trade debts +€8,348
up €8,348, from €0 to €8,348
- Tax, wage and social debts -€6,741
down €6,741 (-57.2%), from €11,777 to €5,036
of which Taxes: -€4,241
- Profit (loss) carried forward +€4,813
up €4,813 (+5.5%), from -€88,161 to -€83,348
- Other debts -€3,247
down €3,247 (-3.8%), from €84,497 to €81,250
- Short-term financial debts -€1,728
down €1,728 (-30.8%), from €5,613 to €3,885
- Gross operating margin +€72,144
up €72,144, from -€57,554 to €14,590
- Other operating charges +€1,024
up €1,024 (+114.7%), from €892 to €1,916
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 | €54,189 | €55,634 | +€1,445 | +2.7% |
| Fixed assets | 21/28 | €20,164 | €15,363 | -€4,801 | -23.8% |
| Intangible fixed assets | 21 | €16,356 | €13,381 | -€2,976 | -18.2% |
| Tangible fixed assets | 22/27 | €3,808 | €1,983 | -€1,825 | -47.9% |
| Furniture and vehicles | 24 | €3,808 | €1,983 | -€1,825 | -47.9% |
| Current assets | 29/58 | €34,025 | €40,270 | +€6,246 | +18.4% |
| Amounts receivable within one year | 40/41 | €27,010 | €31,037 | +€4,027 | +14.9% |
| Trade receivables | 40 | €27,010 | €31,037 | +€4,027 | +14.9% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €15 | €2,419 | +€2,404 | +15721.3% |
| Deferred charges and accrued income | 490/1 | €6,999 | €6,814 | -€185 | -2.6% |
| Total equity and liabilities | 10/49 | €54,189 | €55,634 | +€1,445 | +2.7% |
| Equity | 10/15 | -€47,699 | -€42,886 | +€4,813 | +10.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,862 | €21,862 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,000 | €9,000 | = | 0.0% |
| Distributable reserves | 133 | €11,002 | €11,002 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€88,161 | -€83,348 | +€4,813 | +5.5% |
| Amounts payable | 17/49 | €101,887 | €98,519 | -€3,368 | -3.3% |
| Amounts payable within one year | 42/48 | €101,887 | €98,519 | -€3,368 | -3.3% |
| Financial debts | 43 | €5,613 | €3,885 | -€1,728 | -30.8% |
| Credit institutions | 430/8 | €5,613 | €3,885 | -€1,728 | -30.8% |
| Trade debts | 44 | €0 | €8,348 | +€8,348 | |
| Suppliers | 440/4 | €0 | €8,348 | +€8,348 | |
| Taxes, remuneration and social security | 45 | €11,777 | €5,036 | -€6,741 | -57.2% |
| Taxes | 450/3 | €9,277 | €5,036 | -€4,241 | -45.7% |
| Remuneration and social security | 454/9 | €2,500 | €0 | -€2,500 | -100.0% |
| Other amounts payable | 47/48 | €84,497 | €81,250 | -€3,247 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,543 | €6,841 | +€299 | +4.6% |
| Other operating charges | 640/8 | €892 | €1,916 | +€1,024 | +114.7% |
| Gross operating margin | 9900 | -€57,554 | €14,590 | +€72,144 | |
| Operating profit (loss) | 9901 | -€64,989 | €5,833 | +€70,822 | |
| Financial income | 75/76B | €1 | €18 | +€17 | +1444.3% |
| Recurring financial income | 75 | €1 | €18 | +€17 | +1444.3% |
| Financial charges | 65/66B | €709 | €909 | +€199 | +28.1% |
| Recurring financial charges | 65 | €709 | €909 | +€199 | +28.1% |
| Profit (loss) for the period before taxes | 9903 | -€65,697 | €4,942 | +€70,639 | |
| Income taxes | 67/77 | €140 | €129 | -€11 | -7.6% |
| Profit (loss) for the period | 9904 | -€65,837 | €4,813 | +€70,650 | |
| Profit (loss) for the period to be appropriated | 9905 | -€65,837 | €4,813 | +€70,650 |
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 29 September 2026 via checked.be.