Adviser: 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.
Adviser
Largest movements
- Cash +€20,556
up €20,556 (+5222.4%), from €394 to €20,949
mainly Net result for the year (+€10,128) and Other debts (+€9,502)
- Tangible fixed assets -€2,069
down €2,069 (-18.1%), from €11,446 to €9,376
of which Land and buildings: -€1,591
- Receivables within one year -€540
down €540 (-5.9%), from €9,202 to €8,662
- Profit (loss) carried forward +€10,107
up €10,107 (+18.5%), from -€54,633 to -€44,527
- Other debts +€9,502
up €9,502 (+35.0%), from €27,159 to €36,661
- Tax, wage and social debts -€8,694
no longer reported in 2025 (was €8,694)
- Trade debts +€7,032
up €7,032 (+125.3%), from €5,610 to €12,642
- Gross operating margin +€16,160
up €16,160, from -€1,163 to €14,997
- Other operating charges -€7,097
down €7,097 (-72.1%), from €9,838 to €2,741
- Taxes -€788
no longer reported in 2025 (was €788)
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 | €21,041 | €38,988 | +€17,946 | +85.3% |
| Fixed assets | 21/28 | €11,446 | €9,376 | -€2,069 | -18.1% |
| Tangible fixed assets | 22/27 | €11,446 | €9,376 | -€2,069 | -18.1% |
| Land and buildings | 22 | €9,543 | €7,953 | -€1,591 | -16.7% |
| Plant, machinery and equipment | 23 | €1,902 | €1,424 | -€479 | -25.2% |
| Current assets | 29/58 | €9,596 | €29,612 | +€20,016 | +208.6% |
| Amounts receivable within one year | 40/41 | €9,202 | €8,662 | -€540 | -5.9% |
| Other amounts receivable | 41 | €9,202 | €8,662 | -€540 | -5.9% |
| Cash at bank and in hand | 54/58 | €394 | €20,949 | +€20,556 | +5222.4% |
| Total equity and liabilities | 10/49 | €21,041 | €38,988 | +€17,946 | +85.3% |
| Equity | 10/15 | -€20,422 | -€10,315 | +€10,107 | +49.5% |
| Contributions | 10/11 | €19,212 | €19,212 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,633 | -€44,527 | +€10,107 | +18.5% |
| Amounts payable | 17/49 | €41,463 | €49,303 | +€7,840 | +18.9% |
| Amounts payable within one year | 42/48 | €41,463 | €49,303 | +€7,840 | +18.9% |
| Trade debts | 44 | €5,610 | €12,642 | +€7,032 | +125.3% |
| Suppliers | 440/4 | €5,610 | €12,642 | +€7,032 | +125.3% |
| Taxes, remuneration and social security | 45 | €8,694 | - | -€8,694 | |
| Taxes | 450/3 | €8,694 | - | -€8,694 | |
| Other amounts payable | 47/48 | €27,159 | €36,661 | +€9,502 | +35.0% |
| Non-recurring operating income | 76A | - | €28,770 | +€28,770 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,069 | €2,069 | = | 0.0% |
| Other operating charges | 640/8 | €9,838 | €2,741 | -€7,097 | -72.1% |
| Gross operating margin | 9900 | -€1,163 | €14,997 | +€16,160 | |
| Operating profit (loss) | 9901 | -€13,070 | €10,187 | +€23,257 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €59 | €60 | +€2 | +2.6% |
| Recurring financial charges | 65 | €59 | €60 | +€2 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | -€13,129 | €10,128 | +€23,257 | |
| Income taxes | 67/77 | €788 | - | -€788 | |
| Profit (loss) for the period | 9904 | -€13,917 | €10,128 | +€24,046 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,917 | €10,128 | +€24,046 |
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.