ADVIMA: 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.
ADVIMA
Largest movements
- Cash -€29,756
down €29,756 (-45.6%), from €65,315 to €35,559
mainly Contributions, distributions and other (-€32,000) and Other debts (-€17,013)
- Tangible fixed assets -€13,886
down €13,886 (-25.9%), from €53,546 to €39,660
of which Furniture and vehicles: -€13,419
- Receivables within one year +€4,014
up €4,014 (+34.4%), from €11,660 to €15,674
of which Trade receivables: +€12,316
- Other debts -€17,013
no longer reported in 2025 (was €17,013)
- Debts after one year -€14,340
no longer reported in 2025 (was €14,340)
- Tax, wage and social debts -€5,732
down €5,732 (-43.8%), from €13,072 to €7,341
- Reserves -€1,770
down €1,770 (-2.6%), from €67,746 to €65,976
- Trade debts -€1,533
down €1,533 (-79.5%), from €1,928 to €395
- Gross operating margin +€17,133
up €17,133 (+40.5%), from €42,355 to €59,487
- Taxes +€3,325
up €3,325 (+63.3%), from €5,253 to €8,578
- Financial charges -€846
down €846 (-40.7%), from €2,080 to €1,234
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 | €132,826 | €93,052 | -€39,775 | -29.9% |
| Fixed assets | 21/28 | €53,546 | €39,660 | -€13,886 | -25.9% |
| Tangible fixed assets | 22/27 | €53,546 | €39,660 | -€13,886 | -25.9% |
| Plant, machinery and equipment | 23 | €1,139 | €672 | -€467 | -41.0% |
| Furniture and vehicles | 24 | €52,406 | €38,988 | -€13,419 | -25.6% |
| Current assets | 29/58 | €79,280 | €53,392 | -€25,888 | -32.7% |
| Amounts receivable within one year | 40/41 | €11,660 | €15,674 | +€4,014 | +34.4% |
| Trade receivables | 40 | €2,547 | €14,863 | +€12,316 | +484% |
| Other amounts receivable | 41 | €9,113 | €811 | -€8,302 | -91.1% |
| Cash at bank and in hand | 54/58 | €65,315 | €35,559 | -€29,756 | -45.6% |
| Deferred charges and accrued income | 490/1 | €2,306 | €2,159 | -€146 | -6.3% |
| Total equity and liabilities | 10/49 | €132,826 | €93,052 | -€39,775 | -29.9% |
| Equity | 10/15 | €72,746 | €70,976 | -€1,770 | -2.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €67,746 | €65,976 | -€1,770 | -2.6% |
| Distributable reserves | 133 | €67,746 | €65,976 | -€1,770 | -2.6% |
| Amounts payable | 17/49 | €60,080 | €22,076 | -€38,004 | -63.3% |
| Amounts payable after more than one year | 17 | €14,340 | - | -€14,340 | |
| Financial debts | 170/4 | €14,340 | - | -€14,340 | |
| Amounts payable within one year | 42/48 | €45,740 | €22,076 | -€23,664 | -51.7% |
| Current portion of amounts payable after more than one year | 42 | €13,726 | €14,340 | +€614 | +4.5% |
| Trade debts | 44 | €1,928 | €395 | -€1,533 | -79.5% |
| Suppliers | 440/4 | €1,928 | €395 | -€1,533 | -79.5% |
| Taxes, remuneration and social security | 45 | €13,072 | €7,341 | -€5,732 | -43.8% |
| Taxes | 450/3 | €13,072 | €7,341 | -€5,732 | -43.8% |
| Other amounts payable | 47/48 | €17,013 | - | -€17,013 | |
| Non-recurring operating income | 76A | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,433 | €18,615 | +€183 | +1.0% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Non-recurring operating charges | 66A | - | €467 | +€467 | |
| Gross operating margin | 9900 | €42,355 | €59,487 | +€17,133 | +40.5% |
| Operating profit (loss) | 9901 | €23,409 | €39,877 | +€16,468 | +70.4% |
| Financial income | 75/76B | €211 | €165 | -€46 | -21.8% |
| Recurring financial income | 75 | €211 | €165 | -€46 | -21.8% |
| Financial charges | 65/66B | €2,080 | €1,234 | -€846 | -40.7% |
| Recurring financial charges | 65 | €2,080 | €1,234 | -€846 | -40.7% |
| Profit (loss) for the period before taxes | 9903 | €21,539 | €38,808 | +€17,268 | +80.2% |
| Income taxes | 67/77 | €5,253 | €8,578 | +€3,325 | +63.3% |
| Profit (loss) for the period | 9904 | €16,287 | €30,230 | +€13,943 | +85.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,287 | €30,230 | +€13,943 | +85.6% |
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 18 October 2026 via checked.be.