ADVIESTO: 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.
ADVIESTO
Largest movements
- Cash -€46,223
down €46,223 (-82.8%), from €55,842 to €9,619
mainly Net result for the year (-€63,601) and Stocks and contracts (-€6,509)
- Stocks and contracts +€6,509
new in 2025: €6,509
- Tangible fixed assets -€5,688
down €5,688 (-15.0%), from €37,983 to €32,295
of which Other tangible fixed assets: -€3,780
- Receivables after one year -€4,500
down €4,500 (-10.0%), from €45,000 to €40,500
- Deferred charges and accrued income -€4,007
down €4,007 (-56.8%), from €7,056 to €3,049
- Profit (loss) carried forward -€63,601
down €63,601 (-594.4%), from -€10,699 to -€74,301
- Tax, wage and social debts +€16,726
up €16,726 (+417.3%), from €4,008 to €20,734
of which Remuneration and social security: +€15,000
- Debts after one year -€6,208
down €6,208 (-59.3%), from €10,466 to €4,258
- Trade debts -€5,068
down €5,068 (-52.1%), from €9,723 to €4,655
- Gross operating margin -€56,375
down €56,375, from €7,831 to -€48,544
- Financial charges -€4,934
down €4,934 (-66.5%), from €7,417 to €2,483
- Other operating charges +€815
up €815 (+77.2%), from €1,055 to €1,870
- Financial income -€812
down €812 (-52.0%), from €1,562 to €750
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.
Cash bridge derived
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 | €164,291 | €106,601 | -€57,690 | -35.1% |
| Fixed assets | 21/28 | €37,983 | €32,295 | -€5,688 | -15.0% |
| Tangible fixed assets | 22/27 | €37,983 | €32,295 | -€5,688 | -15.0% |
| Land and buildings | 22 | €4,840 | €3,906 | -€934 | -19.3% |
| Plant, machinery and equipment | 23 | €1,019 | €683 | -€337 | -33.0% |
| Furniture and vehicles | 24 | €8,506 | €7,869 | -€637 | -7.5% |
| Other tangible fixed assets | 26 | €23,617 | €19,838 | -€3,780 | -16.0% |
| Current assets | 29/58 | €126,308 | €74,305 | -€52,002 | -41.2% |
| Amounts receivable after more than one year | 29 | €45,000 | €40,500 | -€4,500 | -10.0% |
| Other amounts receivable | 291 | €45,000 | €40,500 | -€4,500 | -10.0% |
| Stocks and contracts in progress | 3 | - | €6,509 | +€6,509 | |
| Stocks | 30/36 | - | €6,509 | +€6,509 | |
| Amounts receivable within one year | 40/41 | €18,409 | €14,628 | -€3,781 | -20.5% |
| Trade receivables | 40 | €15,889 | €14,628 | -€1,260 | -7.9% |
| Other amounts receivable | 41 | €2,521 | - | -€2,521 | |
| Cash at bank and in hand | 54/58 | €55,842 | €9,619 | -€46,223 | -82.8% |
| Deferred charges and accrued income | 490/1 | €7,056 | €3,049 | -€4,007 | -56.8% |
| Total equity and liabilities | 10/49 | €164,291 | €106,601 | -€57,690 | -35.1% |
| Equity | 10/15 | €132,843 | €69,241 | -€63,601 | -47.9% |
| Contributions | 10/11 | €6,600 | €6,600 | = | 0.0% |
| Reserves | 13 | €136,942 | €136,942 | = | 0.0% |
| Distributable reserves | 133 | €136,942 | €136,942 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,699 | -€74,301 | -€63,601 | -594.4% |
| Amounts payable | 17/49 | €31,448 | €37,360 | +€5,911 | +18.8% |
| Amounts payable after more than one year | 17 | €10,466 | €4,258 | -€6,208 | -59.3% |
| Financial debts | 170/4 | €10,466 | €4,258 | -€6,208 | -59.3% |
| Amounts payable within one year | 42/48 | €20,982 | €32,027 | +€11,045 | +52.6% |
| Current portion of amounts payable after more than one year | 42 | €6,900 | €6,208 | -€693 | -10.0% |
| Trade debts | 44 | €9,723 | €4,655 | -€5,068 | -52.1% |
| Suppliers | 440/4 | €9,723 | €4,655 | -€5,068 | -52.1% |
| Taxes, remuneration and social security | 45 | €4,008 | €20,734 | +€16,726 | +417.3% |
| Taxes | 450/3 | €3,008 | €4,734 | +€1,726 | +57.4% |
| Remuneration and social security | 454/9 | €1,000 | €16,000 | +€15,000 | +1500.0% |
| Other amounts payable | 47/48 | €351 | €430 | +€79 | +22.6% |
| Accrued charges and deferred income | 492/3 | - | €1,074 | +€1,074 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,275 | €11,088 | -€187 | -1.7% |
| Other operating charges | 640/8 | €1,055 | €1,870 | +€815 | +77.2% |
| Non-recurring operating charges | 66A | €0 | - | -€0 | |
| Gross operating margin | 9900 | €7,831 | -€48,544 | -€56,375 | |
| Operating profit (loss) | 9901 | -€4,499 | -€61,502 | -€57,003 | -1267.2% |
| Financial income | 75/76B | €1,562 | €750 | -€812 | -52.0% |
| Recurring financial income | 75 | €1,562 | €750 | -€812 | -52.0% |
| Financial charges | 65/66B | €7,417 | €2,483 | -€4,934 | -66.5% |
| Recurring financial charges | 65 | €7,417 | €2,483 | -€4,934 | -66.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,353 | -€63,235 | -€52,881 | -510.8% |
| Income taxes | 67/77 | €346 | €367 | +€21 | +6.0% |
| Profit (loss) for the period | 9904 | -€10,699 | -€63,601 | -€52,902 | -494.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,699 | -€63,601 | -€52,902 | -494.4% |
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 11 October 2026 via checked.be.