ADVISUR: 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.
ADVISUR
Largest movements
- Tangible fixed assets -€69,059
down €69,059 (-4.4%), from €1.6m to €1.5m
of which Land and buildings: -€69,051
- Receivables within one year -€49,613
down €49,613 (-53.1%), from €93,428 to €43,815
of which Trade receivables: -€25,804
- Other debts +€223,305
up €223,305 (+69.3%), from €322,010 to €545,315
- Reserves -€195,117
down €195,117 (-22.4%), from €870,543 to €675,425
of which Distributable reserves: -€195,117
- Debts after one year -€131,406
down €131,406 (-30.2%), from €434,675 to €303,269
- Gross operating margin -€32,615
down €32,615 (-17.5%), from €186,888 to €154,273
- Taxes -€8,010
down €8,010 (-60.1%), from €13,326 to €5,316
- Financial charges +€6,978
up €6,978 (+24.1%), from €28,961 to €35,939
- Other operating charges -€2,280
down €2,280 (-15.2%), from €15,025 to €12,746
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 | €1,855,302 | €1,721,383 | -€133,919 | -7.2% |
| Fixed assets | 21/28 | €1,573,839 | €1,504,780 | -€69,059 | -4.4% |
| Tangible fixed assets | 22/27 | €1,573,839 | €1,504,780 | -€69,059 | -4.4% |
| Land and buildings | 22 | €1,571,804 | €1,502,753 | -€69,051 | -4.4% |
| Plant, machinery and equipment | 23 | €2,034 | €2,027 | -€7 | -0.4% |
| Current assets | 29/58 | €281,464 | €216,603 | -€64,861 | -23.0% |
| Amounts receivable within one year | 40/41 | €93,428 | €43,815 | -€49,613 | -53.1% |
| Trade receivables | 40 | €26,251 | €447 | -€25,804 | -98.3% |
| Other amounts receivable | 41 | €67,177 | €43,368 | -€23,809 | -35.4% |
| Cash at bank and in hand | 54/58 | €40,066 | €39,466 | -€601 | -1.5% |
| Deferred charges and accrued income | 490/1 | €147,970 | €133,323 | -€14,647 | -9.9% |
| Total equity and liabilities | 10/49 | €1,855,302 | €1,721,383 | -€133,919 | -7.2% |
| Equity | 10/15 | €889,135 | €694,017 | -€195,117 | -21.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €870,543 | €675,425 | -€195,117 | -22.4% |
| Tax-exempt reserves | 132 | €56,411 | €56,411 | = | 0.0% |
| Distributable reserves | 133 | €814,131 | €619,014 | -€195,117 | -24.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €966,168 | €1,027,366 | +€61,198 | +6.3% |
| Amounts payable after more than one year | 17 | €434,675 | €303,269 | -€131,406 | -30.2% |
| Financial debts | 170/4 | €434,675 | €303,269 | -€131,406 | -30.2% |
| Amounts payable within one year | 42/48 | €512,280 | €701,613 | +€189,333 | +37.0% |
| Current portion of amounts payable after more than one year | 42 | €129,371 | €131,406 | +€2,035 | +1.6% |
| Trade debts | 44 | €17,856 | €401 | -€17,455 | -97.8% |
| Suppliers | 440/4 | €17,856 | €401 | -€17,455 | -97.8% |
| Taxes, remuneration and social security | 45 | €43,043 | €24,492 | -€18,552 | -43.1% |
| Taxes | 450/3 | €43,043 | €24,492 | -€18,552 | -43.1% |
| Other amounts payable | 47/48 | €322,010 | €545,315 | +€223,305 | +69.3% |
| Accrued charges and deferred income | 492/3 | €19,213 | €22,484 | +€3,271 | +17.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,534 | €76,437 | -€97 | -0.1% |
| Other operating charges | 640/8 | €15,025 | €12,746 | -€2,280 | -15.2% |
| Non-recurring operating charges | 66A | €14,279 | €0 | -€14,279 | -100% |
| Gross operating margin | 9900 | €186,888 | €154,273 | -€32,615 | -17.5% |
| Operating profit (loss) | 9901 | €81,049 | €65,090 | -€15,959 | -19.7% |
| Financial income | 75/76B | €2,666 | €1,462 | -€1,203 | -45.1% |
| Recurring financial income | 75 | €2,666 | €1,462 | -€1,203 | -45.1% |
| Financial charges | 65/66B | €28,961 | €35,939 | +€6,978 | +24.1% |
| Recurring financial charges | 65 | €28,961 | €35,939 | +€6,978 | +24.1% |
| Profit (loss) for the period before taxes | 9903 | €54,754 | €30,613 | -€24,141 | -44.1% |
| Income taxes | 67/77 | €13,326 | €5,316 | -€8,010 | -60.1% |
| Profit (loss) for the period | 9904 | €41,428 | €25,298 | -€16,130 | -38.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,428 | €25,298 | -€16,130 | -38.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.