ADVIM: 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.
ADVIM
Largest movements
- Receivables within one year -€79,199
down €79,199 (-83.4%), from €95,017 to €15,818
of which Trade receivables: -€49,741
- Tangible fixed assets -€7,888
down €7,888 (-2.9%), from €269,530 to €261,641
of which Land and buildings: -€7,212
- Other debts -€80,158
down €80,158 (-19.0%), from €422,986 to €342,828
- Debts after one year -€13,250
down €13,250 (-8.6%), from €153,857 to €140,606
- Profit (loss) carried forward +€7,112
up €7,112 (+3.0%), from -€240,074 to -€232,962
- Short-term financial debts -€4,734
down €4,734 (-100.0%), from €4,734 to €0
- Gross operating margin -€22,284
down €22,284 (-27.8%), from €80,014 to €57,730
- Financial charges -€2,497
down €2,497 (-16.5%), from €15,171 to €12,674
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 | €365,641 | €278,764 | -€86,877 | -23.8% |
| Fixed assets | 21/28 | €270,529 | €262,640 | -€7,888 | -2.9% |
| Tangible fixed assets | 22/27 | €269,530 | €261,641 | -€7,888 | -2.9% |
| Land and buildings | 22 | €267,879 | €260,667 | -€7,212 | -2.7% |
| Plant, machinery and equipment | 23 | €1,651 | €975 | -€676 | -41.0% |
| Financial fixed assets | 28 | €999 | €999 | = | 0.0% |
| Current assets | 29/58 | €95,112 | €16,123 | -€78,989 | -83.0% |
| Amounts receivable within one year | 40/41 | €95,017 | €15,818 | -€79,199 | -83.4% |
| Trade receivables | 40 | €65,066 | €15,325 | -€49,741 | -76.4% |
| Other amounts receivable | 41 | €29,951 | €493 | -€29,458 | -98.4% |
| Cash at bank and in hand | 54/58 | - | €199 | +€199 | |
| Deferred charges and accrued income | 490/1 | €95 | €105 | +€10 | +11.0% |
| Total equity and liabilities | 10/49 | €365,641 | €278,764 | -€86,877 | -23.8% |
| Equity | 10/15 | -€231,374 | -€224,262 | +€7,112 | +3.1% |
| Contributions | 10/11 | €6,700 | €6,700 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€240,074 | -€232,962 | +€7,112 | +3.0% |
| Amounts payable | 17/49 | €597,015 | €503,026 | -€93,989 | -15.7% |
| Amounts payable after more than one year | 17 | €153,857 | €140,606 | -€13,250 | -8.6% |
| Financial debts | 170/4 | €153,857 | €140,606 | -€13,250 | -8.6% |
| Amounts payable within one year | 42/48 | €442,158 | €359,911 | -€82,247 | -18.6% |
| Current portion of amounts payable after more than one year | 42 | €12,748 | €13,250 | +€502 | +3.9% |
| Financial debts | 43 | €4,734 | €0 | -€4,734 | -100.0% |
| Credit institutions | 430/8 | €4,734 | €0 | -€4,734 | -100.0% |
| Trade debts | 44 | €1,684 | €1,061 | -€622 | -37.0% |
| Suppliers | 440/4 | €1,684 | €1,061 | -€622 | -37.0% |
| Taxes, remuneration and social security | 45 | €6 | €2,772 | +€2,766 | +42677.6% |
| Taxes | 450/3 | €6 | €2,772 | +€2,766 | +42677.6% |
| Other amounts payable | 47/48 | €422,986 | €342,828 | -€80,158 | -19.0% |
| Accrued charges and deferred income | 492/3 | €1,000 | €2,508 | +€1,508 | +150.8% |
| Non-recurring operating income | 76A | €0 | €2,609 | +€2,609 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,888 | €7,888 | = | 0.0% |
| Other operating charges | 640/8 | €2,086 | €2,241 | +€156 | +7.5% |
| Non-recurring operating charges | 66A | €0 | €27,815 | +€27,815 | |
| Gross operating margin | 9900 | €80,014 | €57,730 | -€22,284 | -27.8% |
| Operating profit (loss) | 9901 | €70,040 | €19,786 | -€50,254 | -71.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €15,171 | €12,674 | -€2,497 | -16.5% |
| Recurring financial charges | 65 | €15,171 | €12,674 | -€2,497 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €54,869 | €7,112 | -€47,757 | -87.0% |
| Profit (loss) for the period | 9904 | €54,869 | €7,112 | -€47,757 | -87.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,869 | €7,112 | -€47,757 | -87.0% |
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.