ADVOCAAT BERT VEYS: 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 BERT VEYS
Largest movements
- Receivables within one year +€22,893
up €22,893 (+17.6%), from €130,167 to €153,060
of which Trade receivables: +€13,548
- Cash -€14,210
down €14,210 (-46.9%), from €30,328 to €16,118
mainly Other debts (-€59,204) and Debts after one year (-€41,477)
- Intangible fixed assets -€8,750
down €8,750 (-100%), from €8,750 to €0
- Tangible fixed assets -€7,220
down €7,220 (-18.8%), from €38,493 to €31,273
of which Leasing and similar rights: -€4,268
- Reserves +€81,388
up €81,388 (+35.0%), from €232,752 to €314,140
- Other debts -€59,204
down €59,204 (-100%), from €59,204 to €0
- Debts after one year -€41,477
down €41,477 (-23.1%), from €179,903 to €138,427
- Tax, wage and social debts +€10,909
up €10,909 (+51.6%), from €21,125 to €32,034
- Gross operating margin +€2,111
up €2,111 (+2.2%), from €97,992 to €100,103
- Financial income +€1,651
up €1,651 (+4.6%), from €36,153 to €37,804
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 | €559,140 | €551,904 | -€7,236 | -1.3% |
| Fixed assets | 21/28 | €397,243 | €381,273 | -€15,970 | -4.0% |
| Intangible fixed assets | 21 | €8,750 | €0 | -€8,750 | -100% |
| Tangible fixed assets | 22/27 | €38,493 | €31,273 | -€7,220 | -18.8% |
| Land and buildings | 22 | €29,970 | €27,017 | -€2,953 | -9.9% |
| Leasing and similar rights | 25 | €8,523 | €4,256 | -€4,268 | -50.1% |
| Financial fixed assets | 28 | €350,000 | €350,000 | = | 0.0% |
| Current assets | 29/58 | €161,897 | €170,631 | +€8,734 | +5.4% |
| Amounts receivable within one year | 40/41 | €130,167 | €153,060 | +€22,893 | +17.6% |
| Trade receivables | 40 | €910 | €14,458 | +€13,548 | +1,489% |
| Other amounts receivable | 41 | €129,257 | €138,602 | +€9,345 | +7.2% |
| Cash at bank and in hand | 54/58 | €30,328 | €16,118 | -€14,210 | -46.9% |
| Deferred charges and accrued income | 490/1 | €1,401 | €1,453 | +€52 | +3.7% |
| Total equity and liabilities | 10/49 | €559,140 | €551,904 | -€7,236 | -1.3% |
| Equity | 10/15 | €252,752 | €334,140 | +€81,388 | +32.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €232,752 | €314,140 | +€81,388 | +35.0% |
| Distributable reserves | 133 | €232,752 | €314,140 | +€81,388 | +35.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €306,389 | €217,764 | -€88,624 | -28.9% |
| Amounts payable after more than one year | 17 | €179,903 | €138,427 | -€41,477 | -23.1% |
| Financial debts | 170/4 | €179,903 | €138,427 | -€41,477 | -23.1% |
| Amounts payable within one year | 42/48 | €126,485 | €78,994 | -€47,492 | -37.5% |
| Current portion of amounts payable after more than one year | 42 | €39,260 | €41,477 | +€2,217 | +5.6% |
| Financial debts | 43 | €4,000 | €4,000 | = | 0.0% |
| Credit institutions | 430/8 | €4,000 | €4,000 | = | 0.0% |
| Trade debts | 44 | €2,897 | €1,484 | -€1,413 | -48.8% |
| Suppliers | 440/4 | €2,897 | €1,484 | -€1,413 | -48.8% |
| Taxes, remuneration and social security | 45 | €21,125 | €32,034 | +€10,909 | +51.6% |
| Taxes | 450/3 | €21,125 | €32,034 | +€10,909 | +51.6% |
| Other amounts payable | 47/48 | €59,204 | €0 | -€59,204 | -100% |
| Accrued charges and deferred income | 492/3 | - | €344 | +€344 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,512 | €18,550 | +€39 | +0.2% |
| Other operating charges | 640/8 | €1,296 | €995 | -€302 | -23.3% |
| Gross operating margin | 9900 | €97,992 | €100,103 | +€2,111 | +2.2% |
| Operating profit (loss) | 9901 | €78,184 | €80,558 | +€2,374 | +3.0% |
| Financial income | 75/76B | €36,153 | €37,804 | +€1,651 | +4.6% |
| Recurring financial income | 75 | €36,153 | €37,804 | +€1,651 | +4.6% |
| Financial charges | 65/66B | €7,242 | €6,343 | -€900 | -12.4% |
| Recurring financial charges | 65 | €7,242 | €6,343 | -€900 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €107,095 | €112,019 | +€4,925 | +4.6% |
| Income taxes | 67/77 | €29,809 | €30,631 | +€822 | +2.8% |
| Profit (loss) for the period | 9904 | €77,285 | €81,388 | +€4,103 | +5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €77,285 | €81,388 | +€4,103 | +5.3% |
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 29 October 2026 via checked.be.