AdVIMO: what changed
Two fiscal 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.
What changed
AdVIMO
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€8,774
2024 · €34,708-€25,934
Equity
€1.1m
2024 · €1.1m+€8,774
Cash
€72
2024 · €468-€395
Balance sheet total
€1.2m
2024 · €1.2m-€7,063
Largest movements
Assets
- Receivables within one year +€21,317
up €21,317 (+3.8%), from €557,665 to €578,983
- Tangible fixed assets -€15,362
down €15,362 (-14.8%), from €103,584 to €88,221
of which Land and buildings: -€15,362
- Receivables after one year -€12,500
down €12,500 (-2.2%), from €581,000 to €568,500
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Gross operating margin -€42,524
down €42,524 (-84.2%), from €50,480 to €7,956
- Financial charges -€6,122
down €6,122 (-95.6%), from €6,406 to €284
- Taxes +€939
up €939 (+64.5%), from €1,456 to €2,395
- Financial income +€729
up €729 (+3.3%), from €21,946 to €22,675
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.
Result 2024
€34,708
Gross operating margin
-€42,524
Depreciation
-€0
Other operating charges
+€179
Other operating items
+€10,500
Financial income
+€729
Financial charges
+€6,122
Taxes
-€939
Result 2025
€8,774
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.
From operations
+€7,495
Investment
€0
Financing
-€7,890
Cash 2024
€468
From operations (derived)
+€7,495
Net result for the year
+€8,774
Depreciation
+€15,362
Receivables after one year
+€12,500
Receivables within one year
-€21,317
Deferred charges and accrued income
+€123
Trade debts
+€2
Tax, wage and social debts
-€690
Other debts
-€7,258
Financing
-€7,890
Debts after one year
-€7,333
Current portion of long-term debt
-€557
Cash 2025
€72
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,242,839 | €1,235,776 | -€7,063 | -0.6% |
| Fixed assets | 21/28 | €103,584 | €88,221 | -€15,362 | -14.8% |
| Tangible fixed assets | 22/27 | €103,584 | €88,221 | -€15,362 | -14.8% |
| Land and buildings | 22 | €98,384 | €83,021 | -€15,362 | -15.6% |
| Furniture and vehicles | 24 | €5,200 | - | -€5,200 | |
| Other tangible fixed assets | 26 | - | €5,200 | +€5,200 | |
| Current assets | 29/58 | €1,139,256 | €1,147,555 | +€8,299 | +0.7% |
| Amounts receivable after more than one year | 29 | €581,000 | €568,500 | -€12,500 | -2.2% |
| Other amounts receivable | 291 | €581,000 | €568,500 | -€12,500 | -2.2% |
| Amounts receivable within one year | 40/41 | €557,665 | €578,983 | +€21,317 | +3.8% |
| Other amounts receivable | 41 | €557,665 | €578,983 | +€21,317 | +3.8% |
| Cash at bank and in hand | 54/58 | €468 | €72 | -€395 | -84.6% |
| Deferred charges and accrued income | 490/1 | €123 | €0 | -€123 | -100.0% |
| Total equity and liabilities | 10/49 | €1,242,839 | €1,235,776 | -€7,063 | -0.6% |
| Equity | 10/15 | €1,058,795 | €1,067,568 | +€8,774 | +0.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €0 | -€62,000 | -100.0% |
| Issued capital | 100 | €62,000 | €0 | -€62,000 | -100.0% |
| Outside capital | 11 | - | €62,000 | +€62,000 | |
| Other | 1109/19 | - | €62,000 | +€62,000 | |
| Reserves | 13 | €191,950 | €191,950 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €0 | -€6,200 | -100.0% |
| Reserves not available under the articles | 1311 | - | €6,200 | +€6,200 | |
| Tax-exempt reserves | 132 | €35,750 | €35,750 | = | 0.0% |
| Distributable reserves | 133 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €804,845 | €813,618 | +€8,774 | +1.1% |
| Provisions and deferred taxes | 16 | €150,654 | €150,654 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €150,654 | €150,654 | = | 0.0% |
| Pensions and similar obligations | 160 | - | €150,654 | +€150,654 | |
| Other liabilities and charges | 164/5 | €150,654 | - | -€150,654 | |
| Amounts payable | 17/49 | €33,391 | €17,554 | -€15,837 | -47.4% |
| Amounts payable after more than one year | 17 | €7,333 | €0 | -€7,333 | -100.0% |
| Financial debts | 170/4 | €7,333 | €0 | -€7,333 | -100.0% |
| Amounts payable within one year | 42/48 | €26,058 | €17,554 | -€8,503 | -32.6% |
| Current portion of amounts payable after more than one year | 42 | €7,890 | €7,333 | -€557 | -7.1% |
| Trade debts | 44 | €3,126 | €3,128 | +€2 | +0.1% |
| Suppliers | 440/4 | €3,126 | €3,128 | +€2 | +0.1% |
| Taxes, remuneration and social security | 45 | €4,542 | €3,851 | -€690 | -15.2% |
| Taxes | 450/3 | €4,542 | €3,851 | -€690 | -15.2% |
| Other amounts payable | 47/48 | €10,500 | €3,242 | -€7,258 | -69.1% |
| Non-recurring operating income | 76A | €54,900 | - | -€54,900 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,362 | €15,362 | +€0 | 0.0% |
| Other operating charges | 640/8 | €3,994 | €3,816 | -€179 | -4.5% |
| Non-recurring operating charges | 66A | €10,500 | €0 | -€10,500 | -100.0% |
| Gross operating margin | 9900 | €50,480 | €7,956 | -€42,524 | -84.2% |
| Operating profit (loss) | 9901 | €20,623 | -€11,222 | -€31,845 | |
| Financial income | 75/76B | €21,946 | €22,675 | +€729 | +3.3% |
| Recurring financial income | 75 | €21,946 | €22,675 | +€729 | +3.3% |
| Financial charges | 65/66B | €6,406 | €284 | -€6,122 | -95.6% |
| Recurring financial charges | 65 | €6,406 | €284 | -€6,122 | -95.6% |
| Profit (loss) for the period before taxes | 9903 | €36,164 | €11,169 | -€24,995 | -69.1% |
| Income taxes | 67/77 | €1,456 | €2,395 | +€939 | +64.5% |
| Profit (loss) for the period | 9904 | €34,708 | €8,774 | -€25,934 | -74.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,708 | €8,774 | -€25,934 | -74.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.