ADVISORY SERVICES FOR YOU: 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.
ADVISORY SERVICES FOR YOU
Largest movements
- Tangible fixed assets -€32,181
down €32,181 (-22.6%), from €142,554 to €110,373
of which Furniture and vehicles: -€30,695
- Cash -€6,870
down €6,870 (-13.2%), from €51,960 to €45,090
mainly Contributions, distributions and other (-€72,051) and Debts after one year (-€18,451)
- Receivables within one year +€3,839
up €3,839 (+19.1%), from €20,095 to €23,934
of which Other amounts receivable: +€7,417
- Profit (loss) carried forward -€53,403
no longer reported in 2025 (was €53,403)
- Other debts +€42,137
up €42,137 (+99.8%), from €42,208 to €84,345
- Debts after one year -€18,451
down €18,451 (-31.8%), from €57,958 to €39,508
- Current portion of long-term debt -€10,031
down €10,031 (-35.2%), from €28,482 to €18,451
- Tax, wage and social debts +€3,967
up €3,967 (+26.6%), from €14,943 to €18,910
- Depreciation +€18,044
up €18,044 (+112%), from €16,094 to €34,138
- Gross operating margin -€7,488
down €7,488 (-10.5%), from €71,411 to €63,922
- Other operating charges -€5,854
down €5,854 (-91.8%), from €6,379 to €525
- Taxes -€3,993
down €3,993 (-34.5%), from €11,575 to €7,583
- Financial charges +€1,609
up €1,609 (+113%), from €1,419 to €3,028
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 | €221,568 | €184,843 | -€36,725 | -16.6% |
| Fixed assets | 21/28 | €145,554 | €113,373 | -€32,181 | -22.1% |
| Tangible fixed assets | 22/27 | €142,554 | €110,373 | -€32,181 | -22.6% |
| Plant, machinery and equipment | 23 | €662 | €364 | -€298 | -45.0% |
| Furniture and vehicles | 24 | €119,375 | €88,680 | -€30,695 | -25.7% |
| Other tangible fixed assets | 26 | €22,517 | €21,329 | -€1,187 | -5.3% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €76,014 | €71,470 | -€4,544 | -6.0% |
| Amounts receivable within one year | 40/41 | €20,095 | €23,934 | +€3,839 | +19.1% |
| Trade receivables | 40 | €20,095 | €16,517 | -€3,579 | -17.8% |
| Other amounts receivable | 41 | - | €7,417 | +€7,417 | |
| Cash at bank and in hand | 54/58 | €51,960 | €45,090 | -€6,870 | -13.2% |
| Deferred charges and accrued income | 490/1 | €3,959 | €2,446 | -€1,513 | -38.2% |
| Total equity and liabilities | 10/49 | €221,568 | €184,843 | -€36,725 | -16.6% |
| Equity | 10/15 | €73,863 | €20,460 | -€53,403 | -72.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,403 | - | -€53,403 | |
| Amounts payable | 17/49 | €147,705 | €164,383 | +€16,678 | +11.3% |
| Amounts payable after more than one year | 17 | €57,958 | €39,508 | -€18,451 | -31.8% |
| Financial debts | 170/4 | €57,958 | €39,508 | -€18,451 | -31.8% |
| Amounts payable within one year | 42/48 | €89,747 | €124,875 | +€35,128 | +39.1% |
| Current portion of amounts payable after more than one year | 42 | €28,482 | €18,451 | -€10,031 | -35.2% |
| Financial debts | 43 | €2,932 | €2,705 | -€227 | -7.7% |
| Credit institutions | 430/8 | €2,932 | €2,705 | -€227 | -7.7% |
| Trade debts | 44 | €1,183 | €465 | -€718 | -60.7% |
| Suppliers | 440/4 | €1,183 | €465 | -€718 | -60.7% |
| Taxes, remuneration and social security | 45 | €14,943 | €18,910 | +€3,967 | +26.6% |
| Taxes | 450/3 | €14,943 | €18,910 | +€3,967 | +26.6% |
| Other amounts payable | 47/48 | €42,208 | €84,345 | +€42,137 | +99.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,094 | €34,138 | +€18,044 | +112% |
| Other operating charges | 640/8 | €6,379 | €525 | -€5,854 | -91.8% |
| Gross operating margin | 9900 | €71,411 | €63,922 | -€7,488 | -10.5% |
| Operating profit (loss) | 9901 | €48,938 | €29,260 | -€19,678 | -40.2% |
| Financial charges | 65/66B | €1,419 | €3,028 | +€1,609 | +113% |
| Recurring financial charges | 65 | €1,419 | €3,028 | +€1,609 | +113% |
| Profit (loss) for the period before taxes | 9903 | €47,519 | €26,231 | -€21,288 | -44.8% |
| Income taxes | 67/77 | €11,575 | €7,583 | -€3,993 | -34.5% |
| Profit (loss) for the period | 9904 | €35,944 | €18,649 | -€17,295 | -48.1% |
| Profit (loss) for the period to be appropriated | 9905 | €35,944 | €18,649 | -€17,295 | -48.1% |
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 29 October 2026 via checked.be.