Advisim: what changed
Two fiscal 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.
Advisim
Largest movements
- Tangible fixed assets +€138,298
up €138,298 (+10011.1%), from €1,381 to €139,679
of which Furniture and vehicles: +€129,956
- Receivables within one year +€18,694
new in 2025: €18,694
of which Trade receivables: +€13,874
- Cash +€17,924
up €17,924 (+592.6%), from €3,024 to €20,948
mainly Debts after one year (+€92,189) and Net result for the year (+€45,297)
- Deferred charges and accrued income +€2,625
new in 2025: €2,625
- Debts after one year +€92,189
new in 2025: €92,189
- Profit (loss) carried forward +€45,297
up €45,297, from -€2,859 to €42,439
- Current portion of long-term debt +€22,995
new in 2025: €22,995
- Tax, wage and social debts +€14,510
up €14,510 (+20913.8%), from €69 to €14,579
- Other debts +€4,703
new in 2025: €4,703
- Gross operating margin +€70,733
up €70,733, from -€2,422 to €68,311
- Taxes +€11,408
new in 2025: €11,408
- Depreciation +€8,745
up €8,745 (+92740.5%), from €9 to €8,755
- Financial charges +€2,370
new in 2025: €2,370
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 | €4,406 | €181,946 | +€177,540 | +4029.7% |
| Fixed assets | 21/28 | €1,381 | €139,679 | +€138,298 | +10011.1% |
| Tangible fixed assets | 22/27 | €1,381 | €139,679 | +€138,298 | +10011.1% |
| Plant, machinery and equipment | 23 | - | €4,309 | +€4,309 | |
| Furniture and vehicles | 24 | €1,381 | €131,337 | +€129,956 | +9407.3% |
| Other tangible fixed assets | 26 | - | €4,033 | +€4,033 | |
| Current assets | 29/58 | €3,024 | €42,267 | +€39,242 | +1297.5% |
| Amounts receivable within one year | 40/41 | - | €18,694 | +€18,694 | |
| Trade receivables | 40 | - | €13,874 | +€13,874 | |
| Other amounts receivable | 41 | - | €4,820 | +€4,820 | |
| Cash at bank and in hand | 54/58 | €3,024 | €20,948 | +€17,924 | +592.6% |
| Deferred charges and accrued income | 490/1 | - | €2,625 | +€2,625 | |
| Total equity and liabilities | 10/49 | €4,406 | €181,946 | +€177,540 | +4029.7% |
| Equity | 10/15 | €2,141 | €47,439 | +€45,297 | +2115.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,859 | €42,439 | +€45,297 | |
| Amounts payable | 17/49 | €2,264 | €134,507 | +€132,243 | +5840.2% |
| Amounts payable after more than one year | 17 | - | €92,189 | +€92,189 | |
| Financial debts | 170/4 | - | €92,189 | +€92,189 | |
| Amounts payable within one year | 42/48 | €2,264 | €42,318 | +€40,053 | +1768.9% |
| Current portion of amounts payable after more than one year | 42 | - | €22,995 | +€22,995 | |
| Trade debts | 44 | €2,195 | €40 | -€2,155 | -98.2% |
| Suppliers | 440/4 | €2,195 | €40 | -€2,155 | -98.2% |
| Taxes, remuneration and social security | 45 | €69 | €14,579 | +€14,510 | +20913.8% |
| Taxes | 450/3 | €69 | €14,579 | +€14,510 | +20913.8% |
| Other amounts payable | 47/48 | - | €4,703 | +€4,703 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9 | €8,755 | +€8,745 | +92740.5% |
| Other operating charges | 640/8 | €427 | €482 | +€55 | +12.8% |
| Gross operating margin | 9900 | -€2,422 | €68,311 | +€70,733 | |
| Operating profit (loss) | 9901 | -€2,859 | €59,074 | +€61,933 | |
| Financial charges | 65/66B | - | €2,370 | +€2,370 | |
| Recurring financial charges | 65 | - | €2,370 | +€2,370 | |
| Profit (loss) for the period before taxes | 9903 | -€2,859 | €56,705 | +€59,563 | |
| Income taxes | 67/77 | - | €11,408 | +€11,408 | |
| Profit (loss) for the period | 9904 | -€2,859 | €45,297 | +€48,156 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,859 | €45,297 | +€48,156 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.