ADVIES-IMMO: 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-IMMO
Largest movements
- Cash +€934,293
up €934,293 (+397%), from €235,512 to €1.2m
- Stocks and contracts -€920,513
down €920,513 (-92.5%), from €995,513 to €75,000
- Tangible fixed assets -€230,822
down €230,822 (-15.3%), from €1.5m to €1.3m
of which Land and buildings: -€227,281
- Current investments +€224,412
new in 2025: €224,412
- Receivables within one year +€62,870
up €62,870 (+79.6%), from €78,943 to €141,813
of which Trade receivables: +€66,813
- Trade debts +€83,999
up €83,999 (+1,673%), from €5,022 to €89,021
- Reserves -€41,450
down €41,450 (-21.7%), from €191,048 to €149,598
of which Tax-exempt reserves: -€41,450
- Financial charges -€14,574
down €14,574 (-94.0%), from €15,511 to €938
- Taxes -€7,823
down €7,823 (-91.4%), from €8,559 to €735
- Other operating charges -€7,358
down €7,358 (-36.9%), from €19,931 to €12,574
- Financial income +€2,232
up €2,232 (+1,242%), from €180 to €2,411
- Depreciation -€2,158
down €2,158 (-2.6%), from €81,963 to €79,805
From the 2022 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
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 | 2022 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,823,783 | €2,893,484 | +€69,702 | +2.5% |
| Fixed assets | 21/28 | €1,512,677 | €1,281,855 | -€230,822 | -15.3% |
| Tangible fixed assets | 22/27 | €1,506,617 | €1,275,795 | -€230,822 | -15.3% |
| Land and buildings | 22 | €1,491,958 | €1,264,677 | -€227,281 | -15.2% |
| Plant, machinery and equipment | 23 | €0 | €9,474 | +€9,474 | |
| Furniture and vehicles | 24 | €14,658 | €1,644 | -€13,015 | -88.8% |
| Financial fixed assets | 28 | €6,060 | €6,060 | = | 0.0% |
| Current assets | 29/58 | €1,311,106 | €1,611,629 | +€300,523 | +22.9% |
| Stocks and contracts in progress | 3 | €995,513 | €75,000 | -€920,513 | -92.5% |
| Stocks | 30/36 | €995,513 | €75,000 | -€920,513 | -92.5% |
| Amounts receivable within one year | 40/41 | €78,943 | €141,813 | +€62,870 | +79.6% |
| Trade receivables | 40 | €75,000 | €141,813 | +€66,813 | +89.1% |
| Other amounts receivable | 41 | €3,943 | - | -€3,943 | |
| Current investments | 50/53 | - | €224,412 | +€224,412 | |
| Cash at bank and in hand | 54/58 | €235,512 | €1,169,804 | +€934,293 | +397% |
| Deferred charges and accrued income | 490/1 | €1,139 | €601 | -€539 | -47.3% |
| Total equity and liabilities | 10/49 | €2,823,783 | €2,893,484 | +€69,702 | +2.5% |
| Equity | 10/15 | €2,290,148 | €2,269,228 | -€20,920 | -0.9% |
| Contributions | 10/11 | €1,857,000 | €1,857,000 | = | 0.0% |
| Reserves | 13 | €191,048 | €149,598 | -€41,450 | -21.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €184,848 | €143,398 | -€41,450 | -22.4% |
| Profit (loss) carried forward | 14 | €242,099 | €262,629 | +€20,530 | +8.5% |
| Provisions and deferred taxes | 16 | €86,747 | €72,930 | -€13,817 | -15.9% |
| Deferred taxes | 168 | €86,747 | €72,930 | -€13,817 | -15.9% |
| Amounts payable | 17/49 | €446,888 | €551,327 | +€104,439 | +23.4% |
| Amounts payable within one year | 42/48 | €386,035 | €492,122 | +€106,087 | +27.5% |
| Trade debts | 44 | €5,022 | €89,021 | +€83,999 | +1,673% |
| Suppliers | 440/4 | €5,022 | €89,021 | +€83,999 | +1,673% |
| Advances received on contracts in progress | 46 | €13,000 | €26,500 | +€13,500 | +104% |
| Taxes, remuneration and social security | 45 | €689 | - | -€689 | |
| Taxes | 450/3 | €689 | - | -€689 | |
| Other amounts payable | 47/48 | €367,323 | €376,601 | +€9,277 | +2.5% |
| Accrued charges and deferred income | 492/3 | €60,853 | €59,205 | -€1,648 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,963 | €79,805 | -€2,158 | -2.6% |
| Other operating charges | 640/8 | €19,931 | €12,574 | -€7,358 | -36.9% |
| Gross operating margin | 9900 | €75,048 | €75,314 | +€266 | +0.4% |
| Operating profit (loss) | 9901 | -€26,846 | -€17,064 | +€9,782 | +36.4% |
| Financial income | 75/76B | €180 | €2,411 | +€2,232 | +1,242% |
| Recurring financial income | 75 | €180 | €2,411 | +€2,232 | +1,242% |
| Financial charges | 65/66B | €15,511 | €938 | -€14,574 | -94.0% |
| Recurring financial charges | 65 | €15,511 | €938 | -€14,574 | -94.0% |
| Profit (loss) for the period before taxes | 9903 | -€42,178 | -€15,591 | +€26,587 | +63.0% |
| Transfer from deferred taxes | 780 | €4,606 | €4,606 | = | 0.0% |
| Income taxes | 67/77 | €8,559 | €735 | -€7,823 | -91.4% |
| Profit (loss) for the period | 9904 | -€46,131 | -€11,720 | +€34,411 | +74.6% |
| Transfer from tax-exempt reserves | 789 | €13,817 | €13,817 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,314 | €2,097 | +€34,411 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.