ADVOCAAT ANDRE GERKENS: 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.
ADVOCAAT ANDRE GERKENS
Largest movements
- Tangible fixed assets -€13,268
down €13,268 (-59.0%), from €22,498 to €9,230
of which Furniture and vehicles: -€10,637
- Cash +€11,020
up €11,020 (+9.5%), from €115,774 to €126,794
mainly Net result for the year (+€19,295) and Depreciation (+€13,268)
- Current investments +€6,453
up €6,453 (+7.0%), from €92,324 to €98,777
- Receivables within one year +€3,096
up €3,096 (+116%), from €2,680 to €5,776
of which Trade receivables: +€3,878
- Reserves +€19,295
up €19,295 (+23.1%), from €83,471 to €102,766
of which Distributable reserves: +€19,295
- Other debts -€13,674
down €13,674 (-11.0%), from €124,170 to €110,496
- Current portion of long-term debt -€3,193
down €3,193 (-100%), from €3,193 to €0
- Trade debts +€2,492
up €2,492 (+235%), from €1,061 to €3,554
- Gross operating margin -€5,731
down €5,731 (-13.4%), from €42,887 to €37,157
- Financial income +€3,682
up €3,682 (+211%), from €1,744 to €5,427
- Staff costs -€1,080
down €1,080 (-77.9%), from €1,386 to €306
- Other operating charges +€704
up €704 (+77.8%), from €904 to €1,608
- Financial charges +€544
up €544 (+33.6%), from -€1,619 to -€1,075
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 | €234,376 | €240,577 | +€6,201 | +2.6% |
| Fixed assets | 21/28 | €22,498 | €9,230 | -€13,268 | -59.0% |
| Tangible fixed assets | 22/27 | €22,498 | €9,230 | -€13,268 | -59.0% |
| Plant, machinery and equipment | 23 | €2,030 | €1,534 | -€496 | -24.4% |
| Furniture and vehicles | 24 | €10,750 | €114 | -€10,637 | -98.9% |
| Other tangible fixed assets | 26 | €9,718 | €7,582 | -€2,136 | -22.0% |
| Current assets | 29/58 | €211,878 | €231,347 | +€19,469 | +9.2% |
| Amounts receivable within one year | 40/41 | €2,680 | €5,776 | +€3,096 | +116% |
| Trade receivables | 40 | €1,336 | €5,214 | +€3,878 | +290% |
| Other amounts receivable | 41 | €1,344 | €562 | -€782 | -58.2% |
| Current investments | 50/53 | €92,324 | €98,777 | +€6,453 | +7.0% |
| Cash at bank and in hand | 54/58 | €115,774 | €126,794 | +€11,020 | +9.5% |
| Deferred charges and accrued income | 490/1 | €1,100 | €0 | -€1,100 | -100% |
| Total equity and liabilities | 10/49 | €234,376 | €240,577 | +€6,201 | +2.6% |
| Equity | 10/15 | €102,071 | €121,366 | +€19,295 | +18.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €83,471 | €102,766 | +€19,295 | +23.1% |
| Tax-exempt reserves | 132 | €1,845 | €1,845 | = | 0.0% |
| Distributable reserves | 133 | €81,626 | €100,921 | +€19,295 | +23.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €132,305 | €119,211 | -€13,094 | -9.9% |
| Amounts payable within one year | 42/48 | €132,305 | €118,510 | -€13,795 | -10.4% |
| Current portion of amounts payable after more than one year | 42 | €3,193 | €0 | -€3,193 | -100% |
| Trade debts | 44 | €1,061 | €3,554 | +€2,492 | +235% |
| Suppliers | 440/4 | €1,061 | €3,554 | +€2,492 | +235% |
| Taxes, remuneration and social security | 45 | €3,880 | €4,460 | +€580 | +15.0% |
| Taxes | 450/3 | €3,097 | €4,460 | +€1,364 | +44.0% |
| Remuneration and social security | 454/9 | €783 | €0 | -€783 | -100% |
| Other amounts payable | 47/48 | €124,170 | €110,496 | -€13,674 | -11.0% |
| Accrued charges and deferred income | 492/3 | - | €701 | +€701 | |
| Remuneration, social security and pensions | 62 | €1,386 | €306 | -€1,080 | -77.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,015 | €13,268 | +€253 | +1.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €904 | €1,608 | +€704 | +77.8% |
| Gross operating margin | 9900 | €42,887 | €37,157 | -€5,731 | -13.4% |
| Operating profit (loss) | 9901 | €27,582 | €21,974 | -€5,608 | -20.3% |
| Financial income | 75/76B | €1,744 | €5,427 | +€3,682 | +211% |
| Recurring financial income | 75 | €1,744 | €5,427 | +€3,682 | +211% |
| Financial charges | 65/66B | -€1,619 | -€1,075 | +€544 | +33.6% |
| Recurring financial charges | 65 | -€1,619 | -€1,075 | +€544 | +33.6% |
| Profit (loss) for the period before taxes | 9903 | €30,945 | €28,476 | -€2,470 | -8.0% |
| Income taxes | 67/77 | €9,333 | €9,181 | -€152 | -1.6% |
| Profit (loss) for the period | 9904 | €21,613 | €19,295 | -€2,318 | -10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,613 | €19,295 | -€2,318 | -10.7% |
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 30 October 2026 via checked.be.