ADVICET: 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.
ADVICET
Largest movements
- Cash +€261,144
up €261,144 (+401.6%), from €65,028 to €326,172
mainly Net result for the year (+€239,574) and Current investments (+€138,421)
- Current investments -€138,421
down €138,421 (-37.7%), from €367,094 to €228,672
- Tangible fixed assets +€14,054
up €14,054 (+45.5%), from €30,876 to €44,930
of which Other tangible fixed assets: +€13,818
- Reserves +€204,074
up €204,074 (+47.5%), from €429,518 to €633,592
- Other debts -€59,467
down €59,467 (-94.1%), from €63,198 to €3,731
- Other operating charges +€15,602
up €15,602 (+1380.4%), from €1,130 to €16,732
- Taxes -€5,823
down €5,823 (-6.9%), from €84,506 to €78,682
- Gross operating margin -€4,633
down €4,633 (-1.4%), from €332,183 to €327,550
- Financial income -€4,046
down €4,046 (-17.4%), from €23,254 to €19,208
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 | €570,869 | €709,673 | +€138,804 | +24.3% |
| Fixed assets | 21/28 | €30,876 | €44,930 | +€14,054 | +45.5% |
| Tangible fixed assets | 22/27 | €30,876 | €44,930 | +€14,054 | +45.5% |
| Plant, machinery and equipment | 23 | - | €1,615 | +€1,615 | |
| Furniture and vehicles | 24 | €2,988 | €1,608 | -€1,380 | -46.2% |
| Other tangible fixed assets | 26 | €27,888 | €41,706 | +€13,818 | +49.5% |
| Current assets | 29/58 | €539,994 | €664,744 | +€124,750 | +23.1% |
| Amounts receivable within one year | 40/41 | €94,700 | €97,245 | +€2,544 | +2.7% |
| Trade receivables | 40 | €94,700 | €95,745 | +€1,044 | +1.1% |
| Other amounts receivable | 41 | - | €1,500 | +€1,500 | |
| Current investments | 50/53 | €367,094 | €228,672 | -€138,421 | -37.7% |
| Cash at bank and in hand | 54/58 | €65,028 | €326,172 | +€261,144 | +401.6% |
| Deferred charges and accrued income | 490/1 | €13,172 | €12,655 | -€517 | -3.9% |
| Total equity and liabilities | 10/49 | €570,869 | €709,673 | +€138,804 | +24.3% |
| Equity | 10/15 | €448,118 | €652,192 | +€204,074 | +45.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €429,518 | €633,592 | +€204,074 | +47.5% |
| Distributable reserves | 133 | €429,518 | €633,592 | +€204,074 | +47.5% |
| Amounts payable | 17/49 | €122,751 | €57,481 | -€65,270 | -53.2% |
| Amounts payable within one year | 42/48 | €122,751 | €57,481 | -€65,270 | -53.2% |
| Current portion of amounts payable after more than one year | 42 | €16,906 | €21,974 | +€5,068 | +30.0% |
| Trade debts | 44 | €4,330 | €550 | -€3,780 | -87.3% |
| Suppliers | 440/4 | €4,330 | €550 | -€3,780 | -87.3% |
| Taxes, remuneration and social security | 45 | €38,317 | €31,226 | -€7,091 | -18.5% |
| Taxes | 450/3 | €38,317 | €31,226 | -€7,091 | -18.5% |
| Other amounts payable | 47/48 | €63,198 | €3,731 | -€59,467 | -94.1% |
| Non-recurring operating income | 76A | €8,876 | - | -€8,876 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,345 | €4,946 | +€601 | +13.8% |
| Other operating charges | 640/8 | €1,130 | €16,732 | +€15,602 | +1380.4% |
| Gross operating margin | 9900 | €332,183 | €327,550 | -€4,633 | -1.4% |
| Operating profit (loss) | 9901 | €326,708 | €305,872 | -€20,836 | -6.4% |
| Financial income | 75/76B | €23,254 | €19,208 | -€4,046 | -17.4% |
| Recurring financial income | 75 | €23,254 | €19,208 | -€4,046 | -17.4% |
| Financial charges | 65/66B | €7,548 | €6,823 | -€724 | -9.6% |
| Recurring financial charges | 65 | €7,548 | €6,823 | -€724 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €342,414 | €318,256 | -€24,158 | -7.1% |
| Income taxes | 67/77 | €84,506 | €78,682 | -€5,823 | -6.9% |
| Profit (loss) for the period | 9904 | €257,908 | €239,574 | -€18,334 | -7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €257,908 | €239,574 | -€18,334 | -7.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.