ADVISA: 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.
ADVISA
Largest movements
- Tangible fixed assets -€639
down €639 (-33.1%), from €1,930 to €1,291
- Cash -€410
down €410 (-26.3%), from €1,560 to €1,151
mainly Other debts (-€360) and Net result for the year (-€344)
- Receivables within one year +€81
up €81 (+36.3%), from €222 to €303
- Other debts -€360
down €360 (-5.8%), from €6,231 to €5,871
- Profit (loss) carried forward -€344
down €344 (-1.4%), from -€24,250 to -€24,594
- Trade debts -€258
down €258 (-56.5%), from €456 to €199
- Gross operating margin +€1,641
up €1,641 (+334%), from €491 to €2,132
- Other operating charges +€137
up €137 (+8.8%), from €1,567 to €1,704
- Financial charges -€109
down €109 (-45.1%), from €242 to €133
of which Non-recurring financial charges: -€87
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 | €3,712 | €2,745 | -€968 | -26.1% |
| Fixed assets | 21/28 | €1,930 | €1,291 | -€639 | -33.1% |
| Tangible fixed assets | 22/27 | €1,930 | €1,291 | -€639 | -33.1% |
| Plant, machinery and equipment | 23 | €1,930 | €1,291 | -€639 | -33.1% |
| Current assets | 29/58 | €1,782 | €1,453 | -€329 | -18.5% |
| Amounts receivable within one year | 40/41 | €222 | €303 | +€81 | +36.3% |
| Trade receivables | 40 | €222 | €303 | +€81 | +36.3% |
| Cash at bank and in hand | 54/58 | €1,560 | €1,151 | -€410 | -26.3% |
| Total equity and liabilities | 10/49 | €3,712 | €2,745 | -€968 | -26.1% |
| Equity | 10/15 | -€18,052 | -€18,397 | -€344 | -1.9% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,250 | -€24,594 | -€344 | -1.4% |
| Amounts payable | 17/49 | €21,765 | €21,141 | -€623 | -2.9% |
| Amounts payable after more than one year | 17 | €14,600 | €14,600 | = | 0.0% |
| Other amounts payable | 178/9 | €14,600 | €14,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €7,165 | €6,541 | -€623 | -8.7% |
| Trade debts | 44 | €456 | €199 | -€258 | -56.5% |
| Suppliers | 440/4 | €456 | €199 | -€258 | -56.5% |
| Taxes, remuneration and social security | 45 | €478 | €472 | -€6 | -1.2% |
| Taxes | 450/3 | €478 | €472 | -€6 | -1.2% |
| Other amounts payable | 47/48 | €6,231 | €5,871 | -€360 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €639 | €639 | = | 0.0% |
| Other operating charges | 640/8 | €1,567 | €1,704 | +€137 | +8.8% |
| Gross operating margin | 9900 | €491 | €2,132 | +€1,641 | +334% |
| Operating profit (loss) | 9901 | -€1,715 | -€212 | +€1,503 | +87.7% |
| Financial charges | 65/66B | €242 | €133 | -€109 | -45.1% |
| Recurring financial charges | 65 | €155 | €133 | -€22 | -14.4% |
| Non-recurring financial charges | 66B | €87 | - | -€87 | |
| Profit (loss) for the period before taxes | 9903 | -€1,956 | -€344 | +€1,612 | +82.4% |
| Profit (loss) for the period | 9904 | -€1,956 | -€344 | +€1,612 | +82.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,956 | -€344 | +€1,612 | +82.4% |
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 14 October 2026 via checked.be.