ADVOBEM: 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.
ADVOBEM
Largest movements
- Current investments +€31,549
up €31,549 (+78.9%), from €40,000 to €71,549
- Tangible fixed assets +€8,736
up €8,736 (+305.3%), from €2,862 to €11,597
of which Furniture and vehicles: +€9,472
- Receivables within one year -€4,697
down €4,697 (-88.9%), from €5,282 to €585
of which Trade receivables: -€3,598
- Intangible fixed assets -€1,246
down €1,246 (-36.4%), from €3,427 to €2,181
- Reserves +€27,537
up €27,537 (+79.3%), from €34,715 to €62,252
- Tax, wage and social debts +€5,971
up €5,971 (+416.5%), from €1,434 to €7,404
of which Taxes: +€5,971
- Other debts +€1,295
up €1,295 (+4.6%), from €28,368 to €29,663
- Staff costs -€11,799
down €11,799 (-100.0%), from €11,799 to €0
- Gross operating margin +€11,465
up €11,465 (+33.3%), from €34,441 to €45,906
- Taxes +€7,406
up €7,406 (+138.3%), from €5,355 to €12,761
- Financial income +€2,668
up €2,668 (+162663.4%), from €2 to €2,669
- Depreciation +€1,261
up €1,261 (+54.7%), from €2,307 to €3,568
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 | €87,284 | €121,998 | +€34,714 | +39.8% |
| Fixed assets | 21/28 | €6,288 | €13,778 | +€7,490 | +119.1% |
| Intangible fixed assets | 21 | €3,427 | €2,181 | -€1,246 | -36.4% |
| Tangible fixed assets | 22/27 | €2,862 | €11,597 | +€8,736 | +305.3% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €443 | €9,916 | +€9,472 | +2136.8% |
| Other tangible fixed assets | 26 | €2,418 | €1,682 | -€737 | -30.5% |
| Current assets | 29/58 | €80,995 | €108,220 | +€27,225 | +33.6% |
| Amounts receivable within one year | 40/41 | €5,282 | €585 | -€4,697 | -88.9% |
| Trade receivables | 40 | €4,183 | €585 | -€3,598 | -86.0% |
| Other amounts receivable | 41 | €1,099 | €0 | -€1,099 | -100.0% |
| Current investments | 50/53 | €40,000 | €71,549 | +€31,549 | +78.9% |
| Cash at bank and in hand | 54/58 | €30,630 | €30,385 | -€244 | -0.8% |
| Deferred charges and accrued income | 490/1 | €5,084 | €5,701 | +€617 | +12.1% |
| Total equity and liabilities | 10/49 | €87,284 | €121,998 | +€34,714 | +39.8% |
| Equity | 10/15 | €53,315 | €80,852 | +€27,537 | +51.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €34,715 | €62,252 | +€27,537 | +79.3% |
| Distributable reserves | 133 | €34,715 | €62,252 | +€27,537 | +79.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €33,968 | €41,145 | +€7,177 | +21.1% |
| Amounts payable within one year | 42/48 | €32,027 | €39,285 | +€7,258 | +22.7% |
| Trade debts | 44 | €2,225 | €2,217 | -€8 | -0.3% |
| Suppliers | 440/4 | €2,225 | €2,217 | -€8 | -0.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,434 | €7,404 | +€5,971 | +416.5% |
| Taxes | 450/3 | €1,434 | €7,404 | +€5,971 | +416.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €28,368 | €29,663 | +€1,295 | +4.6% |
| Accrued charges and deferred income | 492/3 | €1,942 | €1,861 | -€81 | -4.2% |
| Remuneration, social security and pensions | 62 | €11,799 | €0 | -€11,799 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,307 | €3,568 | +€1,261 | +54.7% |
| Other operating charges | 640/8 | €1,774 | €1,739 | -€34 | -1.9% |
| Gross operating margin | 9900 | €34,441 | €45,906 | +€11,465 | +33.3% |
| Operating profit (loss) | 9901 | €18,560 | €40,598 | +€22,038 | +118.7% |
| Financial income | 75/76B | €2 | €2,669 | +€2,668 | +162663.4% |
| Recurring financial income | 75 | €2 | €2,669 | +€2,668 | +162663.4% |
| Financial charges | 65/66B | €2,733 | €2,969 | +€236 | +8.6% |
| Recurring financial charges | 65 | €2,733 | €2,969 | +€236 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | €15,829 | €40,298 | +€24,469 | +154.6% |
| Income taxes | 67/77 | €5,355 | €12,761 | +€7,406 | +138.3% |
| Profit (loss) for the period | 9904 | €10,474 | €27,537 | +€17,063 | +162.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,474 | €27,537 | +€17,063 | +162.9% |
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 8 October 2026 via checked.be.