ADVIZ: 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.
ADVIZ
Largest movements
- Tangible fixed assets -€30,583
down €30,583 (-12.8%), from €239,459 to €208,876
of which Land and buildings: -€30,013
- Intangible fixed assets -€3,230
down €3,230 (-67.7%), from €4,767 to €1,537
- Debts after one year -€24,596
down €24,596 (-17.6%), from €139,999 to €115,403
- Other debts -€9,976
down €9,976 (-30.2%), from €33,011 to €23,034
- Profit (loss) carried forward +€6,341
up €6,341 (+8.3%), from -€76,701 to -€70,360
- Advances received -€4,123
no longer reported in 2025 (was €4,123)
- Gross operating margin +€48,458
up €48,458, from -€1,015 to €47,442
- Depreciation -€4,051
down €4,051 (-10.7%), from €37,863 to €33,813
- Financial charges -€641
down €641 (-12.1%), from €5,299 to €4,658
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 | €251,646 | €218,011 | -€33,635 | -13.4% |
| Fixed assets | 21/28 | €244,226 | €210,413 | -€33,813 | -13.8% |
| Intangible fixed assets | 21 | €4,767 | €1,537 | -€3,230 | -67.7% |
| Tangible fixed assets | 22/27 | €239,459 | €208,876 | -€30,583 | -12.8% |
| Land and buildings | 22 | €235,141 | €205,127 | -€30,013 | -12.8% |
| Furniture and vehicles | 24 | €4,319 | €3,748 | -€570 | -13.2% |
| Current assets | 29/58 | €7,420 | €7,598 | +€178 | +2.4% |
| Stocks and contracts in progress | 3 | €1,363 | €1,218 | -€145 | -10.6% |
| Stocks | 30/36 | €1,363 | €1,218 | -€145 | -10.6% |
| Amounts receivable within one year | 40/41 | €4,388 | €5,385 | +€997 | +22.7% |
| Trade receivables | 40 | €222 | €3,726 | +€3,504 | +1580.8% |
| Other amounts receivable | 41 | €4,166 | €1,659 | -€2,507 | -60.2% |
| Cash at bank and in hand | 54/58 | €1,582 | €118 | -€1,464 | -92.5% |
| Deferred charges and accrued income | 490/1 | €87 | €877 | +€790 | +904.2% |
| Total equity and liabilities | 10/49 | €251,646 | €218,011 | -€33,635 | -13.4% |
| Equity | 10/15 | €43,605 | €49,946 | +€6,341 | +14.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €101,756 | €101,756 | = | 0.0% |
| Distributable reserves | 133 | €101,756 | €101,756 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,701 | -€70,360 | +€6,341 | +8.3% |
| Amounts payable | 17/49 | €208,042 | €168,065 | -€39,976 | -19.2% |
| Amounts payable after more than one year | 17 | €139,999 | €115,403 | -€24,596 | -17.6% |
| Financial debts | 170/4 | €139,999 | €115,403 | -€24,596 | -17.6% |
| Amounts payable within one year | 42/48 | €64,827 | €50,049 | -€14,778 | -22.8% |
| Current portion of amounts payable after more than one year | 42 | €24,057 | €24,596 | +€540 | +2.2% |
| Financial debts | 43 | €1,180 | €940 | -€240 | -20.3% |
| Credit institutions | 430/8 | €1,180 | €940 | -€240 | -20.3% |
| Trade debts | 44 | €2,457 | €989 | -€1,469 | -59.8% |
| Suppliers | 440/4 | €2,457 | €989 | -€1,469 | -59.8% |
| Advances received on contracts in progress | 46 | €4,123 | - | -€4,123 | |
| Taxes, remuneration and social security | 45 | - | €490 | +€490 | |
| Taxes | 450/3 | - | €490 | +€490 | |
| Other amounts payable | 47/48 | €33,011 | €23,034 | -€9,976 | -30.2% |
| Accrued charges and deferred income | 492/3 | €3,216 | €2,614 | -€602 | -18.7% |
| Non-recurring operating income | 76A | - | €23,500 | +€23,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,863 | €33,813 | -€4,051 | -10.7% |
| Other operating charges | 640/8 | €2,746 | €2,556 | -€190 | -6.9% |
| Gross operating margin | 9900 | -€1,015 | €47,442 | +€48,458 | |
| Operating profit (loss) | 9901 | -€41,625 | €11,073 | +€52,698 | |
| Financial income | 75/76B | €27 | €1 | -€25 | -95.1% |
| Recurring financial income | 75 | €27 | €1 | -€25 | -95.1% |
| Financial charges | 65/66B | €5,299 | €4,658 | -€641 | -12.1% |
| Recurring financial charges | 65 | €5,299 | €4,658 | -€641 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | -€46,898 | €6,417 | +€53,315 | |
| Income taxes | 67/77 | €348 | €76 | -€272 | -78.1% |
| Profit (loss) for the period | 9904 | -€47,245 | €6,341 | +€53,586 | |
| Profit (loss) for the period to be appropriated | 9905 | -€47,245 | €6,341 | +€53,586 |
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 29 September 2026 via checked.be.