ADVITEC PROJECT MANAGEMENT: 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.
ADVITEC PROJECT MANAGEMENT
Largest movements
- Tangible fixed assets -€15,693
down €15,693 (-24.9%), from €63,026 to €47,332
of which Furniture and vehicles: -€15,417
- Cash +€15,283
up €15,283 (+14.2%), from €107,266 to €122,549
mainly Depreciation (+€15,693) and Net result for the year (+€13,795)
- Receivables within one year +€3,615
up €3,615 (+25.2%), from €14,349 to €17,964
of which Other amounts receivable: +€3,580
- Reserves +€2,750
up €2,750 (+1.7%), from €160,410 to €163,160
- Gross operating margin -€31,101
down €31,101 (-43.4%), from €71,595 to €40,493
- Taxes -€5,820
down €5,820 (-35.9%), from €16,193 to €10,373
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 | €184,830 | €188,036 | +€3,206 | +1.7% |
| Fixed assets | 21/28 | €63,026 | €47,332 | -€15,693 | -24.9% |
| Tangible fixed assets | 22/27 | €63,026 | €47,332 | -€15,693 | -24.9% |
| Plant, machinery and equipment | 23 | €895 | €618 | -€277 | -30.9% |
| Furniture and vehicles | 24 | €62,131 | €46,714 | -€15,417 | -24.8% |
| Current assets | 29/58 | €121,804 | €140,704 | +€18,899 | +15.5% |
| Amounts receivable within one year | 40/41 | €14,349 | €17,964 | +€3,615 | +25.2% |
| Trade receivables | 40 | €9,369 | €9,403 | +€35 | +0.4% |
| Other amounts receivable | 41 | €4,980 | €8,560 | +€3,580 | +71.9% |
| Cash at bank and in hand | 54/58 | €107,266 | €122,549 | +€15,283 | +14.2% |
| Deferred charges and accrued income | 490/1 | €190 | €191 | +€1 | +0.6% |
| Total equity and liabilities | 10/49 | €184,830 | €188,036 | +€3,206 | +1.7% |
| Equity | 10/15 | €170,892 | €173,686 | +€2,795 | +1.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €160,410 | €163,160 | +€2,750 | +1.7% |
| Distributable reserves | 133 | €160,410 | €163,160 | +€2,750 | +1.7% |
| Profit (loss) carried forward | 14 | €4,282 | €4,326 | +€45 | +1.0% |
| Amounts payable | 17/49 | €13,939 | €14,350 | +€411 | +3.0% |
| Amounts payable within one year | 42/48 | €13,939 | €14,350 | +€411 | +3.0% |
| Trade debts | 44 | €0 | €134 | +€134 | |
| Suppliers | 440/4 | €0 | €134 | +€134 | |
| Taxes, remuneration and social security | 45 | €13,939 | €14,216 | +€277 | +2.0% |
| Taxes | 450/3 | €11,274 | €11,534 | +€259 | +2.3% |
| Remuneration and social security | 454/9 | €2,664 | €2,682 | +€18 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,230 | €15,693 | +€463 | +3.0% |
| Other operating charges | 640/8 | €827 | €1,120 | +€293 | +35.4% |
| Gross operating margin | 9900 | €71,595 | €40,493 | -€31,101 | -43.4% |
| Operating profit (loss) | 9901 | €55,537 | €23,680 | -€31,857 | -57.4% |
| Financial income | 75/76B | €778 | €560 | -€218 | -28.0% |
| Recurring financial income | 75 | €778 | €560 | -€218 | -28.0% |
| Financial charges | 65/66B | €67 | €72 | +€5 | +7.4% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €56,248 | €24,168 | -€32,081 | -57.0% |
| Income taxes | 67/77 | €16,193 | €10,373 | -€5,820 | -35.9% |
| Profit (loss) for the period | 9904 | €40,056 | €13,795 | -€26,261 | -65.6% |
| Profit (loss) for the period to be appropriated | 9905 | €40,056 | €13,795 | -€26,261 | -65.6% |
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.