ADVICE-NET: 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-NET
Largest movements
- Stocks and contracts -€1.2m
down €1.2m (-81.9%), from €1.4m to €257,397
- Tangible fixed assets +€703,575
up €703,575 (+159%), from €442,316 to €1.1m
of which Land and buildings: +€665,068
- Deferred charges and accrued income -€368,311
down €368,311 (-91.6%), from €402,255 to €33,944
- Receivables within one year -€175,066
down €175,066 (-47.6%), from €367,878 to €192,812
of which Other amounts receivable: -€97,923
- Cash +€165,949
up €165,949 (+14,807%), from €1,121 to €167,070
- Debts after one year -€701,339
down €701,339 (-31.3%), from €2.2m to €1.5m
- Trade debts -€263,240
down €263,240 (-76.6%), from €343,676 to €80,436
- Contributions +€180,000
up €180,000 (+968%), from €18,592 to €198,592
- Tax, wage and social debts -€43,038
down €43,038 (-68.1%), from €63,238 to €20,200
of which Taxes: -€56,694
- Gross operating margin +€361,797
up €361,797 (+366%), from €98,969 to €460,766
- Staff costs +€170,737
up €170,737 (+462%), from €36,977 to €207,714
- Financial charges +€87,314
up €87,314 (+514%), from €16,992 to €104,306
- Depreciation +€73,670
up €73,670 (+203%), from €36,261 to €109,930
- Other operating charges +€24,835
up €24,835 (+385%), from €6,453 to €31,287
From the 2021 result to the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,635,676 | €1,798,819 | -€836,857 | -31.8% |
| Fixed assets | 21/28 | €444,021 | €1,147,596 | +€703,575 | +158% |
| Tangible fixed assets | 22/27 | €442,316 | €1,145,891 | +€703,575 | +159% |
| Land and buildings | 22 | €358,350 | €1,023,418 | +€665,068 | +186% |
| Plant, machinery and equipment | 23 | €33,411 | €21,279 | -€12,132 | -36.3% |
| Furniture and vehicles | 24 | €50,556 | €101,194 | +€50,638 | +100% |
| Financial fixed assets | 28 | €1,705 | €1,705 | = | 0.0% |
| Current assets | 29/58 | €2,191,654 | €651,223 | -€1.5m | -70.3% |
| Stocks and contracts in progress | 3 | €1,420,400 | €257,397 | -€1.2m | -81.9% |
| Stocks | 30/36 | €1,420,400 | €257,397 | -€1.2m | -81.9% |
| Amounts receivable within one year | 40/41 | €367,878 | €192,812 | -€175,066 | -47.6% |
| Trade receivables | 40 | €264,615 | €187,472 | -€77,143 | -29.2% |
| Other amounts receivable | 41 | €103,263 | €5,340 | -€97,923 | -94.8% |
| Cash at bank and in hand | 54/58 | €1,121 | €167,070 | +€165,949 | +14,807% |
| Deferred charges and accrued income | 490/1 | €402,255 | €33,944 | -€368,311 | -91.6% |
| Total equity and liabilities | 10/49 | €2,635,676 | €1,798,819 | -€836,857 | -31.8% |
| Equity | 10/15 | -€22,908 | €161,185 | +€184,093 | |
| Contributions | 10/11 | €18,592 | €198,592 | +€180,000 | +968% |
| Contributions outside capital | 11 | €18,592 | €198,592 | +€180,000 | +968% |
| Other | 1109/19 | €18,592 | €198,592 | +€180,000 | +968% |
| Reserves | 13 | €15,562 | €15,562 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €793 | €793 | = | 0.0% |
| Distributable reserves | 133 | €12,909 | €12,909 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,062 | -€52,969 | +€4,093 | +7.2% |
| Amounts payable | 17/49 | €2,658,584 | €1,637,634 | -€1.0m | -38.4% |
| Amounts payable after more than one year | 17 | €2,238,337 | €1,536,999 | -€701,339 | -31.3% |
| Financial debts | 170/4 | €2,238,337 | €1,536,999 | -€701,339 | -31.3% |
| Amounts payable within one year | 42/48 | €420,246 | €100,636 | -€319,611 | -76.1% |
| Trade debts | 44 | €343,676 | €80,436 | -€263,240 | -76.6% |
| Suppliers | 440/4 | €343,676 | €80,436 | -€263,240 | -76.6% |
| Taxes, remuneration and social security | 45 | €63,238 | €20,200 | -€43,038 | -68.1% |
| Taxes | 450/3 | €58,567 | €1,873 | -€56,694 | -96.8% |
| Remuneration and social security | 454/9 | €4,671 | €18,327 | +€13,656 | +292% |
| Other amounts payable | 47/48 | €13,333 | - | -€13,333 | |
| Remuneration, social security and pensions | 62 | €36,977 | €207,714 | +€170,737 | +462% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,261 | €109,930 | +€73,670 | +203% |
| Other operating charges | 640/8 | €6,453 | €31,287 | +€24,835 | +385% |
| Non-recurring operating charges | 66A | - | €800 | +€800 | |
| Gross operating margin | 9900 | €98,969 | €460,766 | +€361,797 | +366% |
| Operating profit (loss) | 9901 | €19,278 | €111,034 | +€91,756 | +476% |
| Financial income | 75/76B | - | €687 | +€687 | |
| Recurring financial income | 75 | - | €687 | +€687 | |
| Financial charges | 65/66B | €16,992 | €104,306 | +€87,314 | +514% |
| Recurring financial charges | 65 | €16,992 | €104,306 | +€87,314 | +514% |
| Profit (loss) for the period before taxes | 9903 | €2,286 | €7,415 | +€5,129 | +224% |
| Income taxes | 67/77 | €1,499 | €3,322 | +€1,823 | +122% |
| Profit (loss) for the period | 9904 | €786 | €4,093 | +€3,306 | +420% |
| Profit (loss) for the period to be appropriated | 9905 | €786 | €4,093 | +€3,306 | +420% |
Source: filed annual accounts (NBB), financial years ended 30 September 2021 and 29 September 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.