ADVICE ME: 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.
ADVICE ME
Largest movements
- Cash +€104,353
up €104,353 (+140.3%), from €74,359 to €178,712
mainly Net result for the year (+€165,192) and Other debts (+€63,100)
- Current investments -€50,000
no longer reported in 2026 (was €50,000)
- Receivables within one year +€10,768
up €10,768 (+24.4%), from €44,159 to €54,927
of which Trade receivables: +€11,808
- Intangible fixed assets -€10,688
down €10,688 (-20.5%), from €52,149 to €41,461
- Financial fixed assets -€2,926
down €2,926 (-55.2%), from €5,305 to €2,379
- Other debts +€63,100
up €63,100 (+64.3%), from €98,200 to €161,300
- Debts after one year -€23,235
down €23,235 (-38.0%), from €61,185 to €37,950
of which Financial debts: -€16,095
- Profit (loss) carried forward +€3,892
up €3,892 (+14.0%), from €27,834 to €31,726
- Trade debts +€3,409
up €3,409 (+42.2%), from €8,071 to €11,480
- Gross operating margin +€50,487
up €50,487 (+29.3%), from €172,408 to €222,894
- Write-downs +€4,464
new in 2026: €4,464
- Taxes -€3,889
down €3,889 (-62.9%), from €6,185 to €2,295
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €238,378 | €287,014 | +€48,636 | +20.4% |
| Fixed assets | 21/28 | €63,152 | €48,894 | -€14,258 | -22.6% |
| Intangible fixed assets | 21 | €52,149 | €41,461 | -€10,688 | -20.5% |
| Tangible fixed assets | 22/27 | €5,698 | €5,055 | -€644 | -11.3% |
| Furniture and vehicles | 24 | €5,698 | €5,055 | -€644 | -11.3% |
| Financial fixed assets | 28 | €5,305 | €2,379 | -€2,926 | -55.2% |
| Current assets | 29/58 | €175,226 | €238,120 | +€62,894 | +35.9% |
| Amounts receivable within one year | 40/41 | €44,159 | €54,927 | +€10,768 | +24.4% |
| Trade receivables | 40 | €42,911 | €54,719 | +€11,808 | +27.5% |
| Other amounts receivable | 41 | €1,248 | €208 | -€1,040 | -83.4% |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €74,359 | €178,712 | +€104,353 | +140.3% |
| Deferred charges and accrued income | 490/1 | €6,708 | €4,481 | -€2,227 | -33.2% |
| Total equity and liabilities | 10/49 | €238,378 | €287,014 | +€48,636 | +20.4% |
| Equity | 10/15 | €33,834 | €37,726 | +€3,892 | +11.5% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,834 | €31,726 | +€3,892 | +14.0% |
| Amounts payable | 17/49 | €204,544 | €249,288 | +€44,744 | +21.9% |
| Amounts payable after more than one year | 17 | €61,185 | €37,950 | -€23,235 | -38.0% |
| Financial debts | 170/4 | €30,820 | €14,725 | -€16,095 | -52.2% |
| Trade debts | 175 | €30,365 | €23,225 | -€7,140 | -23.5% |
| Amounts payable within one year | 42/48 | €143,359 | €211,338 | +€67,979 | +47.4% |
| Current portion of amounts payable after more than one year | 42 | €15,461 | €16,095 | +€634 | +4.1% |
| Trade debts | 44 | €8,071 | €11,480 | +€3,409 | +42.2% |
| Suppliers | 440/4 | €8,071 | €11,480 | +€3,409 | +42.2% |
| Taxes, remuneration and social security | 45 | €21,627 | €22,463 | +€836 | +3.9% |
| Taxes | 450/3 | €17,121 | €17,785 | +€664 | +3.9% |
| Remuneration and social security | 454/9 | €4,506 | €4,678 | +€172 | +3.8% |
| Other amounts payable | 47/48 | €98,200 | €161,300 | +€63,100 | +64.3% |
| Remuneration, social security and pensions | 62 | €35,909 | €36,719 | +€810 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,175 | €12,292 | +€1,117 | +10.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,464 | +€4,464 | |
| Other operating charges | 640/8 | €562 | €855 | +€292 | +52.0% |
| Gross operating margin | 9900 | €172,408 | €222,894 | +€50,487 | +29.3% |
| Operating profit (loss) | 9901 | €124,760 | €168,565 | +€43,805 | +35.1% |
| Financial income | 75/76B | €4 | €670 | +€666 | +16272.6% |
| Recurring financial income | 75 | €4 | €670 | +€666 | +16272.6% |
| Financial charges | 65/66B | €2,003 | €1,747 | -€256 | -12.8% |
| Recurring financial charges | 65 | €2,003 | €1,747 | -€256 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €122,761 | €167,487 | +€44,726 | +36.4% |
| Income taxes | 67/77 | €6,185 | €2,295 | -€3,889 | -62.9% |
| Profit (loss) for the period | 9904 | €116,577 | €165,192 | +€48,615 | +41.7% |
| Profit (loss) for the period to be appropriated | 9905 | €116,577 | €165,192 | +€48,615 | +41.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.