ADVIRTUA: what changed
ADVIRTUA
Largest movements
- Cash +€28,217
up €28,217 (+350%), from €8,065 to €36,282
mainly Trade debts (+€22,759) and Depreciation (+€11,220)
- Deferred charges and accrued income +€12,687
up €12,687 (+1,086%), from €1,169 to €13,855
- Tangible fixed assets -€11,220
down €11,220 (-71.1%), from €15,788 to €4,568
of which Furniture and vehicles: -€11,115
- Receivables within one year +€5,781
up €5,781 (+18.8%), from €30,704 to €36,485
- Trade debts +€22,759
up €22,759 (+753%), from €3,024 to €25,782
- Profit (loss) carried forward +€8,502
up €8,502 (+199%), from €4,271 to €12,773
- Tax, wage and social debts +€8,184
up €8,184 (+366%), from €2,234 to €10,418
- Other debts +€6,032
up €6,032 (+52.4%), from €11,512 to €17,544
- Current portion of long-term debt -€5,800
down €5,800 (-57.9%), from €10,013 to €4,213
- Gross operating margin +€13,822
up €13,822 (+102%), from €13,585 to €27,407
- Taxes +€3,574
up €3,574 (+2,305%), from €155 to €3,729
- Financial charges +€1,945
up €1,945 (+125%), from €1,552 to €3,496
- Depreciation -€1,917
down €1,917 (-14.6%), from €13,137 to €11,220
- Other operating charges -€367
down €367 (-41.7%), from €881 to €513
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,725 | €91,190 | +€35,464 | +63.6% |
| Fixed assets | 21/28 | €15,788 | €4,568 | -€11,220 | -71.1% |
| Tangible fixed assets | 22/27 | €15,788 | €4,568 | -€11,220 | -71.1% |
| Plant, machinery and equipment | 23 | €66 | - | -€66 | |
| Furniture and vehicles | 24 | €15,683 | €4,568 | -€11,115 | -70.9% |
| Other tangible fixed assets | 26 | €39 | - | -€39 | |
| Current assets | 29/58 | €39,938 | €86,622 | +€46,684 | +117% |
| Amounts receivable within one year | 40/41 | €30,704 | €36,485 | +€5,781 | +18.8% |
| Trade receivables | 40 | €30,704 | €36,485 | +€5,781 | +18.8% |
| Cash at bank and in hand | 54/58 | €8,065 | €36,282 | +€28,217 | +350% |
| Deferred charges and accrued income | 490/1 | €1,169 | €13,855 | +€12,687 | +1,086% |
| Total equity and liabilities | 10/49 | €55,725 | €91,190 | +€35,464 | +63.6% |
| Equity | 10/15 | €24,731 | €33,233 | +€8,502 | +34.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,271 | €12,773 | +€8,502 | +199% |
| Amounts payable | 17/49 | €30,994 | €57,956 | +€26,962 | +87.0% |
| Amounts payable after more than one year | 17 | €4,213 | - | -€4,213 | |
| Financial debts | 170/4 | €4,213 | - | -€4,213 | |
| Amounts payable within one year | 42/48 | €26,782 | €57,956 | +€31,175 | +116% |
| Current portion of amounts payable after more than one year | 42 | €10,013 | €4,213 | -€5,800 | -57.9% |
| Trade debts | 44 | €3,024 | €25,782 | +€22,759 | +753% |
| Suppliers | 440/4 | €3,024 | €25,782 | +€22,759 | +753% |
| Taxes, remuneration and social security | 45 | €2,234 | €10,418 | +€8,184 | +366% |
| Taxes | 450/3 | €2,234 | €10,418 | +€8,184 | +366% |
| Other amounts payable | 47/48 | €11,512 | €17,544 | +€6,032 | +52.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,137 | €11,220 | -€1,917 | -14.6% |
| Other operating charges | 640/8 | €881 | €513 | -€367 | -41.7% |
| Gross operating margin | 9900 | €13,585 | €27,407 | +€13,822 | +102% |
| Operating profit (loss) | 9901 | -€432 | €15,674 | +€16,106 | |
| Financial income | 75/76B | €46 | €54 | +€8 | +16.4% |
| Recurring financial income | 75 | €46 | €54 | +€8 | +16.4% |
| Financial charges | 65/66B | €1,552 | €3,496 | +€1,945 | +125% |
| Recurring financial charges | 65 | €1,552 | €3,496 | +€1,945 | +125% |
| Profit (loss) for the period before taxes | 9903 | -€1,937 | €12,231 | +€14,168 | |
| Income taxes | 67/77 | €155 | €3,729 | +€3,574 | +2,305% |
| Profit (loss) for the period | 9904 | -€2,092 | €8,502 | +€10,595 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,092 | €8,502 | +€10,595 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.