AdviseM: 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.
AdviseM
Largest movements
- Receivables after one year -€17,551
down €17,551 (-100%), from €17,551 to €0
- Receivables within one year +€12,203
up €12,203 (+36.3%), from €33,575 to €45,778
of which Trade receivables: +€10,753
- Stocks and contracts -€8,748
down €8,748 (-100%), from €8,748 to €0
- Cash +€7,250
up €7,250 (+120%), from €6,025 to €13,274
mainly Receivables after one year (+€17,551) and Net result for the year (+€10,239)
- Tangible fixed assets -€3,773
down €3,773 (-33.3%), from €11,333 to €7,560
- Tax, wage and social debts -€20,336
down €20,336 (-67.1%), from €30,322 to €9,987
of which Remuneration and social security: -€11,550
- Reserves +€10,239
up €10,239 (+40.3%), from €25,417 to €35,656
- Trade debts +€6,523
new in 2025: €6,523
- Other debts -€6,397
down €6,397 (-79.5%), from €8,046 to €1,650
- Debts after one year -€4,942
down €4,942 (-58.4%), from €8,459 to €3,518
- Gross operating margin +€25,340
up €25,340 (+128%), from €19,796 to €45,137
- Other operating charges +€1,480
up €1,480 (+249%), from €595 to €2,075
- Taxes +€1,264
up €1,264 (+33.7%), from €3,750 to €5,014
- Financial income +€1,209
new in 2025: €1,209
- Financial charges +€978
up €978 (+25.5%), from €3,840 to €4,817
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 | €80,015 | €67,638 | -€12,377 | -15.5% |
| Fixed assets | 21/28 | €11,333 | €7,560 | -€3,773 | -33.3% |
| Tangible fixed assets | 22/27 | €11,333 | €7,560 | -€3,773 | -33.3% |
| Furniture and vehicles | 24 | €11,333 | €7,560 | -€3,773 | -33.3% |
| Current assets | 29/58 | €68,682 | €60,078 | -€8,604 | -12.5% |
| Amounts receivable after more than one year | 29 | €17,551 | €0 | -€17,551 | -100% |
| Other amounts receivable | 291 | €17,551 | €0 | -€17,551 | -100% |
| Stocks and contracts in progress | 3 | €8,748 | €0 | -€8,748 | -100% |
| Stocks | 30/36 | €8,748 | €0 | -€8,748 | -100% |
| Amounts receivable within one year | 40/41 | €33,575 | €45,778 | +€12,203 | +36.3% |
| Trade receivables | 40 | €33,575 | €44,328 | +€10,753 | +32.0% |
| Other amounts receivable | 41 | - | €1,450 | +€1,450 | |
| Cash at bank and in hand | 54/58 | €6,025 | €13,274 | +€7,250 | +120% |
| Deferred charges and accrued income | 490/1 | €2,783 | €1,025 | -€1,758 | -63.2% |
| Total equity and liabilities | 10/49 | €80,015 | €67,638 | -€12,377 | -15.5% |
| Equity | 10/15 | €33,187 | €43,426 | +€10,239 | +30.9% |
| Contributions | 10/11 | €7,770 | €7,770 | = | 0.0% |
| Reserves | 13 | €25,417 | €35,656 | +€10,239 | +40.3% |
| Distributable reserves | 133 | €25,417 | €35,656 | +€10,239 | +40.3% |
| Amounts payable | 17/49 | €46,828 | €24,212 | -€22,617 | -48.3% |
| Amounts payable after more than one year | 17 | €8,459 | €3,518 | -€4,942 | -58.4% |
| Financial debts | 170/4 | €8,459 | €3,518 | -€4,942 | -58.4% |
| Amounts payable within one year | 42/48 | €38,369 | €20,265 | -€18,103 | -47.2% |
| Current portion of amounts payable after more than one year | 42 | - | €2,105 | +€2,105 | |
| Trade debts | 44 | - | €6,523 | +€6,523 | |
| Suppliers | 440/4 | - | €6,523 | +€6,523 | |
| Taxes, remuneration and social security | 45 | €30,322 | €9,987 | -€20,336 | -67.1% |
| Taxes | 450/3 | €18,772 | €9,987 | -€8,786 | -46.8% |
| Remuneration and social security | 454/9 | €11,550 | €0 | -€11,550 | -100% |
| Other amounts payable | 47/48 | €8,046 | €1,650 | -€6,397 | -79.5% |
| Accrued charges and deferred income | 492/3 | - | €429 | +€429 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,864 | €3,773 | +€909 | +31.7% |
| Other operating charges | 640/8 | €595 | €2,075 | +€1,480 | +249% |
| Non-recurring operating charges | 66A | €106 | €20,428 | +€20,322 | +19,171% |
| Gross operating margin | 9900 | €19,796 | €45,137 | +€25,340 | +128% |
| Operating profit (loss) | 9901 | €16,231 | €18,861 | +€2,630 | +16.2% |
| Financial income | 75/76B | - | €1,209 | +€1,209 | |
| Recurring financial income | 75 | - | €1,209 | +€1,209 | |
| Financial charges | 65/66B | €3,840 | €4,817 | +€978 | +25.5% |
| Recurring financial charges | 65 | €3,840 | €4,817 | +€978 | +25.5% |
| Profit (loss) for the period before taxes | 9903 | €12,392 | €15,253 | +€2,861 | +23.1% |
| Income taxes | 67/77 | €3,750 | €5,014 | +€1,264 | +33.7% |
| Profit (loss) for the period | 9904 | €8,642 | €10,239 | +€1,598 | +18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,642 | €10,239 | +€1,598 | +18.5% |
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 22 October 2026 via checked.be.