ADVIES BILZEN CENTRUM: 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.
ADVIES BILZEN CENTRUM
Largest movements
- Tangible fixed assets +€271,722
up €271,722 (+39.2%), from €693,400 to €965,122
of which Land and buildings: +€293,360
- Intangible fixed assets -€95,000
down €95,000 (-21.3%), from €445,000 to €350,000
- Cash +€27,789
up €27,789 (+14.2%), from €195,133 to €222,922
mainly Depreciation (+€216,473) and Debts after one year (+€183,680)
- Debts after one year +€183,680
up €183,680 (+26.8%), from €684,504 to €868,183
- Staff costs +€130,185
up €130,185 (+56.3%), from €231,185 to €361,370
- Taxes -€59,767
down €59,767 (-67.1%), from €89,104 to €29,338
- Depreciation +€25,524
up €25,524 (+13.4%), from €190,950 to €216,473
- Gross operating margin -€23,376
down €23,376 (-3.3%), from €716,142 to €692,767
- Financial charges +€10,644
up €10,644 (+48.4%), from €21,976 to €32,620
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.
Derived cash bridge
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 | €1,522,846 | €1,735,984 | +€213,138 | +14.0% |
| Fixed assets | 21/28 | €1,138,400 | €1,315,122 | +€176,722 | +15.5% |
| Intangible fixed assets | 21 | €445,000 | €350,000 | -€95,000 | -21.3% |
| Tangible fixed assets | 22/27 | €693,400 | €965,122 | +€271,722 | +39.2% |
| Land and buildings | 22 | €474,327 | €767,687 | +€293,360 | +61.8% |
| Plant, machinery and equipment | 23 | €9,872 | €7,578 | -€2,293 | -23.2% |
| Furniture and vehicles | 24 | €209,201 | €189,857 | -€19,345 | -9.2% |
| Current assets | 29/58 | €384,445 | €420,862 | +€36,417 | +9.5% |
| Amounts receivable within one year | 40/41 | €180,148 | €179,985 | -€164 | -0.1% |
| Trade receivables | 40 | €14,363 | - | -€14,363 | |
| Other amounts receivable | 41 | €165,786 | €179,985 | +€14,199 | +8.6% |
| Cash at bank and in hand | 54/58 | €195,133 | €222,922 | +€27,789 | +14.2% |
| Deferred charges and accrued income | 490/1 | €9,164 | €17,955 | +€8,791 | +95.9% |
| Total equity and liabilities | 10/49 | €1,522,846 | €1,735,984 | +€213,138 | +14.0% |
| Equity | 10/15 | €548,936 | €565,560 | +€16,624 | +3.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €536,536 | €553,160 | +€16,624 | +3.1% |
| Distributable reserves | 133 | €536,536 | €553,160 | +€16,624 | +3.1% |
| Amounts payable | 17/49 | €973,910 | €1,170,424 | +€196,514 | +20.2% |
| Amounts payable after more than one year | 17 | €684,504 | €868,183 | +€183,680 | +26.8% |
| Financial debts | 170/4 | €684,504 | €868,183 | +€183,680 | +26.8% |
| Amounts payable within one year | 42/48 | €279,406 | €292,241 | +€12,835 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €103,275 | €116,183 | +€12,908 | +12.5% |
| Trade debts | 44 | €33,253 | €24,303 | -€8,951 | -26.9% |
| Suppliers | 440/4 | €33,253 | €24,303 | -€8,951 | -26.9% |
| Taxes, remuneration and social security | 45 | €94,151 | €109,783 | +€15,632 | +16.6% |
| Taxes | 450/3 | €45,303 | €49,496 | +€4,193 | +9.3% |
| Remuneration and social security | 454/9 | €48,847 | €60,287 | +€11,440 | +23.4% |
| Other amounts payable | 47/48 | €48,728 | €41,973 | -€6,755 | -13.9% |
| Accrued charges and deferred income | 492/3 | €10,000 | €10,000 | = | 0.0% |
| Non-recurring operating income | 76A | €7,652 | - | -€7,652 | |
| Remuneration, social security and pensions | 62 | €231,185 | €361,370 | +€130,185 | +56.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €190,950 | €216,473 | +€25,524 | +13.4% |
| Other operating charges | 640/8 | €2,208 | €2,230 | +€22 | +1.0% |
| Gross operating margin | 9900 | €716,142 | €692,767 | -€23,376 | -3.3% |
| Operating profit (loss) | 9901 | €291,800 | €112,694 | -€179,106 | -61.4% |
| Financial income | 75/76B | €4,616 | €10,070 | +€5,454 | +118% |
| Recurring financial income | 75 | €4,616 | €10,070 | +€5,454 | +118% |
| Financial charges | 65/66B | €21,976 | €32,620 | +€10,644 | +48.4% |
| Recurring financial charges | 65 | €21,976 | €32,620 | +€10,644 | +48.4% |
| Profit (loss) for the period before taxes | 9903 | €274,440 | €90,143 | -€184,297 | -67.2% |
| Income taxes | 67/77 | €89,104 | €29,338 | -€59,767 | -67.1% |
| Profit (loss) for the period | 9904 | €185,336 | €60,806 | -€124,530 | -67.2% |
| Profit (loss) for the period to be appropriated | 9905 | €185,336 | €60,806 | -€124,530 | -67.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.