ADVITOM: 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.
ADVITOM
Largest movements
- Cash -€34,606
down €34,606 (-61.3%), from €56,444 to €21,838
mainly Debts after one year (-€23,596) and Investment in fixed assets (net) (-€15,869)
- Tangible fixed assets -€8,439
down €8,439 (-2.0%), from €426,575 to €418,135
of which Land and buildings: -€14,738
- Debts after one year -€23,596
down €23,596 (-10.4%), from €225,903 to €202,307
- Profit (loss) carried forward -€12,070
down €12,070 (-48.9%), from €24,685 to €12,615
- Tax, wage and social debts -€9,226
no longer reported in 2025 (was €9,226)
- Trade debts -€6,295
down €6,295 (-71.3%), from €8,831 to €2,536
- Gross operating margin -€33,536
down €33,536 (-59.3%), from €56,567 to €23,032
- Depreciation +€10,515
up €10,515 (+76.2%), from €13,794 to €24,309
- Taxes -€9,226
no longer reported in 2025 (was €9,226)
- Financial charges +€1,530
up €1,530 (+19.0%), from €8,034 to €9,565
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 | €563,637 | €517,339 | -€46,298 | -8.2% |
| Fixed assets | 21/28 | €426,575 | €418,135 | -€8,439 | -2.0% |
| Tangible fixed assets | 22/27 | €426,575 | €418,135 | -€8,439 | -2.0% |
| Land and buildings | 22 | €423,839 | €409,101 | -€14,738 | -3.5% |
| Plant, machinery and equipment | 23 | - | €3,193 | +€3,193 | |
| Furniture and vehicles | 24 | €2,736 | €5,841 | +€3,105 | +114% |
| Current assets | 29/58 | €137,062 | €99,203 | -€37,859 | -27.6% |
| Amounts receivable within one year | 40/41 | €80,618 | €77,365 | -€3,253 | -4.0% |
| Trade receivables | 40 | €7,502 | €20,297 | +€12,795 | +171% |
| Other amounts receivable | 41 | €73,116 | €57,068 | -€16,047 | -21.9% |
| Cash at bank and in hand | 54/58 | €56,444 | €21,838 | -€34,606 | -61.3% |
| Total equity and liabilities | 10/49 | €563,637 | €517,339 | -€46,298 | -8.2% |
| Equity | 10/15 | €24,686 | €12,616 | -€12,070 | -48.9% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Capital | 10 | €1 | €1 | = | 0.0% |
| Issued capital | 100 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,685 | €12,615 | -€12,070 | -48.9% |
| Amounts payable | 17/49 | €538,951 | €504,723 | -€34,228 | -6.4% |
| Amounts payable after more than one year | 17 | €225,903 | €202,307 | -€23,596 | -10.4% |
| Financial debts | 170/4 | €225,903 | €202,307 | -€23,596 | -10.4% |
| Amounts payable within one year | 42/48 | €313,048 | €302,416 | -€10,632 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €22,674 | €23,596 | +€921 | +4.1% |
| Financial debts | 43 | €2,682 | €2,682 | = | 0.0% |
| Credit institutions | 430/8 | €2,682 | €2,682 | = | 0.0% |
| Trade debts | 44 | €8,831 | €2,536 | -€6,295 | -71.3% |
| Suppliers | 440/4 | €8,831 | €2,536 | -€6,295 | -71.3% |
| Taxes, remuneration and social security | 45 | €9,226 | - | -€9,226 | |
| Taxes | 450/3 | €9,226 | - | -€9,226 | |
| Other amounts payable | 47/48 | €269,634 | €273,602 | +€3,968 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,794 | €24,309 | +€10,515 | +76.2% |
| Other operating charges | 640/8 | €828 | €1,228 | +€401 | +48.4% |
| Gross operating margin | 9900 | €56,567 | €23,032 | -€33,536 | -59.3% |
| Operating profit (loss) | 9901 | €41,946 | -€2,505 | -€44,451 | |
| Financial charges | 65/66B | €8,034 | €9,565 | +€1,530 | +19.0% |
| Recurring financial charges | 65 | €8,034 | €9,565 | +€1,530 | +19.0% |
| Profit (loss) for the period before taxes | 9903 | €33,911 | -€12,070 | -€45,981 | |
| Income taxes | 67/77 | €9,226 | - | -€9,226 | |
| Profit (loss) for the period | 9904 | €24,685 | -€12,070 | -€36,755 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,685 | -€12,070 | -€36,755 |
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 17 October 2026 via checked.be.