"ADVIDUCATE": 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.
"ADVIDUCATE"
Largest movements
- Cash +€59,579
up €59,579 (+36.6%), from €162,832 to €222,411
mainly Net result for the year (+€81,826) and Tax, wage and social debts (+€2,078)
- Receivables within one year +€22,981
up €22,981 (+59.9%), from €38,383 to €61,364
of which Trade receivables: +€23,233
- Reserves +€81,826
up €81,826 (+28.2%), from €290,267 to €372,094
of which Distributable reserves: +€81,826
- Gross operating margin +€25,863
up €25,863 (+27.7%), from €93,301 to €119,165
- Taxes +€13,514
up €13,514 (+52.0%), from €26,000 to €39,514
- Financial income +€2,787
up €2,787 (+5,263%), from €53 to €2,840
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.
Derived cash bridge
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 | €312,584 | €395,216 | +€82,632 | +26.4% |
| Fixed assets | 21/28 | €118 | €118 | = | 0.0% |
| Financial fixed assets | 28 | €118 | €118 | = | 0.0% |
| Current assets | 29/58 | €312,466 | €395,098 | +€82,632 | +26.4% |
| Amounts receivable within one year | 40/41 | €38,383 | €61,364 | +€22,981 | +59.9% |
| Trade receivables | 40 | €16,335 | €39,568 | +€23,233 | +142% |
| Other amounts receivable | 41 | €22,048 | €21,797 | -€252 | -1.1% |
| Current investments | 50/53 | €109,534 | €109,534 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €162,832 | €222,411 | +€59,579 | +36.6% |
| Deferred charges and accrued income | 490/1 | €1,718 | €1,789 | +€71 | +4.1% |
| Total equity and liabilities | 10/49 | €312,584 | €395,216 | +€82,632 | +26.4% |
| Equity | 10/15 | €296,467 | €378,294 | +€81,826 | +27.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €290,267 | €372,094 | +€81,826 | +28.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €288,407 | €370,234 | +€81,826 | +28.4% |
| Amounts payable | 17/49 | €16,117 | €16,922 | +€805 | +5.0% |
| Amounts payable within one year | 42/48 | €16,117 | €16,922 | +€805 | +5.0% |
| Trade debts | 44 | €13 | - | -€13 | |
| Suppliers | 440/4 | €13 | - | -€13 | |
| Taxes, remuneration and social security | 45 | €14,844 | €16,922 | +€2,078 | +14.0% |
| Taxes | 450/3 | €14,844 | €16,922 | +€2,078 | +14.0% |
| Other amounts payable | 47/48 | €1,260 | - | -€1,260 | |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | €93,301 | €119,165 | +€25,863 | +27.7% |
| Operating profit (loss) | 9901 | €92,917 | €118,777 | +€25,861 | +27.8% |
| Financial income | 75/76B | €53 | €2,840 | +€2,787 | +5,263% |
| Recurring financial income | 75 | €53 | €2,840 | +€2,787 | +5,263% |
| Financial charges | 65/66B | €120 | €277 | +€157 | +131% |
| Recurring financial charges | 65 | €120 | €277 | +€157 | +131% |
| Profit (loss) for the period before taxes | 9903 | €92,850 | €121,340 | +€28,491 | +30.7% |
| Income taxes | 67/77 | €26,000 | €39,514 | +€13,514 | +52.0% |
| Profit (loss) for the period | 9904 | €66,850 | €81,826 | +€14,977 | +22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €66,850 | €81,826 | +€14,977 | +22.4% |
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 20 October 2026 via checked.be.