ADVISAE: 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.
ADVISAE
Largest movements
- Cash +€80,443
up €80,443 (+175.7%), from €45,775 to €126,218
mainly Net result for the year (+€206,043) and Other debts (+€193,808)
- Receivables within one year +€52,076
up €52,076 (+47.1%), from €110,634 to €162,710
of which Trade receivables: +€66,663
- Tangible fixed assets +€41,012
up €41,012 (+622.2%), from €6,591 to €47,603
- Other debts +€193,808
up €193,808 (+247.6%), from €78,266 to €272,074
- Trade debts -€29,943
down €29,943 (-69.4%), from €43,169 to €13,225
- Tax, wage and social debts +€10,803
up €10,803 (+47.0%), from €22,973 to €33,777
- Gross operating margin +€94,721
up €94,721 (+52.0%), from €182,180 to €276,900
- Taxes +€19,350
up €19,350 (+47.4%), from €40,841 to €60,191
- Depreciation +€8,555
up €8,555 (+633.9%), from €1,349 to €9,904
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 | €163,111 | €337,823 | +€174,712 | +107.1% |
| Fixed assets | 21/28 | €6,591 | €47,603 | +€41,012 | +622.2% |
| Tangible fixed assets | 22/27 | €6,591 | €47,603 | +€41,012 | +622.2% |
| Furniture and vehicles | 24 | €6,591 | €47,603 | +€41,012 | +622.2% |
| Current assets | 29/58 | €156,520 | €290,220 | +€133,700 | +85.4% |
| Amounts receivable within one year | 40/41 | €110,634 | €162,710 | +€52,076 | +47.1% |
| Trade receivables | 40 | €96,047 | €162,710 | +€66,663 | +69.4% |
| Other amounts receivable | 41 | €14,587 | - | -€14,587 | |
| Cash at bank and in hand | 54/58 | €45,775 | €126,218 | +€80,443 | +175.7% |
| Deferred charges and accrued income | 490/1 | €111 | €1,292 | +€1,181 | +1065.0% |
| Total equity and liabilities | 10/49 | €163,111 | €337,823 | +€174,712 | +107.1% |
| Equity | 10/15 | €18,704 | €18,747 | +€43 | +0.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104 | €147 | +€43 | +41.6% |
| Amounts payable | 17/49 | €144,408 | €319,076 | +€174,668 | +121.0% |
| Amounts payable within one year | 42/48 | €144,408 | €319,076 | +€174,668 | +121.0% |
| Trade debts | 44 | €43,169 | €13,225 | -€29,943 | -69.4% |
| Suppliers | 440/4 | €43,169 | €13,225 | -€29,943 | -69.4% |
| Taxes, remuneration and social security | 45 | €22,973 | €33,777 | +€10,803 | +47.0% |
| Taxes | 450/3 | €22,973 | €33,777 | +€10,803 | +47.0% |
| Other amounts payable | 47/48 | €78,266 | €272,074 | +€193,808 | +247.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,349 | €9,904 | +€8,555 | +633.9% |
| Other operating charges | 640/8 | €924 | €647 | -€276 | -29.9% |
| Gross operating margin | 9900 | €182,180 | €276,900 | +€94,721 | +52.0% |
| Operating profit (loss) | 9901 | €179,906 | €266,349 | +€86,442 | +48.0% |
| Financial income | 75/76B | €167 | - | -€167 | |
| Recurring financial income | 75 | €167 | - | -€167 | |
| Financial charges | 65/66B | €181 | €114 | -€66 | -36.6% |
| Recurring financial charges | 65 | €181 | €114 | -€66 | -36.6% |
| Profit (loss) for the period before taxes | 9903 | €179,893 | €266,234 | +€86,341 | +48.0% |
| Income taxes | 67/77 | €40,841 | €60,191 | +€19,350 | +47.4% |
| Profit (loss) for the period | 9904 | €139,052 | €206,043 | +€66,991 | +48.2% |
| Profit (loss) for the period to be appropriated | 9905 | €139,052 | €206,043 | +€66,991 | +48.2% |
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 10 October 2026 via checked.be.