Advocaat Maris: 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 Maris
Largest movements
- Cash -€17,663
down €17,663 (-94.4%), from €18,702 to €1,039
mainly Net result for the year (-€38,691) and Debts after one year (-€14,669)
- Receivables within one year -€17,538
down €17,538 (-21.2%), from €82,560 to €65,022
- Profit (loss) carried forward -€38,691
new in 2025: -€38,691
- Other debts +€15,631
up €15,631 (+35.7%), from €43,756 to €59,387
- Debts after one year -€14,669
down €14,669 (-42.1%), from €34,845 to €20,176
- Trade debts -€2,614
down €2,614 (-37.2%), from €7,020 to €4,406
- Gross operating margin -€53,375
down €53,375, from €27,265 to -€26,110
- Taxes -€2,910
down €2,910 (-92.1%), from €3,159 to €249
- Financial charges -€1,032
down €1,032 (-22.5%), from €4,584 to €3,553
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 | €175,231 | €137,925 | -€37,306 | -21.3% |
| Fixed assets | 21/28 | €70,831 | €69,281 | -€1,550 | -2.2% |
| Tangible fixed assets | 22/27 | €70,831 | €69,281 | -€1,550 | -2.2% |
| Land and buildings | 22 | €55,073 | €59,936 | +€4,863 | +8.8% |
| Furniture and vehicles | 24 | €11,964 | €6,956 | -€5,008 | -41.9% |
| Other tangible fixed assets | 26 | €3,794 | €2,389 | -€1,405 | -37.0% |
| Current assets | 29/58 | €104,400 | €68,643 | -€35,756 | -34.2% |
| Amounts receivable within one year | 40/41 | €82,560 | €65,022 | -€17,538 | -21.2% |
| Trade receivables | 40 | €82,560 | €65,022 | -€17,538 | -21.2% |
| Cash at bank and in hand | 54/58 | €18,702 | €1,039 | -€17,663 | -94.4% |
| Deferred charges and accrued income | 490/1 | €3,137 | €2,582 | -€556 | -17.7% |
| Total equity and liabilities | 10/49 | €175,231 | €137,925 | -€37,306 | -21.3% |
| Equity | 10/15 | €67,268 | €28,577 | -€38,691 | -57.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €48,718 | €48,718 | = | 0.0% |
| Distributable reserves | 133 | €48,718 | €48,718 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€38,691 | -€38,691 | |
| Amounts payable | 17/49 | €107,963 | €109,347 | +€1,385 | +1.3% |
| Amounts payable after more than one year | 17 | €34,845 | €20,176 | -€14,669 | -42.1% |
| Financial debts | 170/4 | €34,845 | €20,176 | -€14,669 | -42.1% |
| Amounts payable within one year | 42/48 | €73,117 | €88,461 | +€15,343 | +21.0% |
| Current portion of amounts payable after more than one year | 42 | €14,033 | €14,669 | +€636 | +4.5% |
| Trade debts | 44 | €7,020 | €4,406 | -€2,614 | -37.2% |
| Suppliers | 440/4 | €7,020 | €4,406 | -€2,614 | -37.2% |
| Taxes, remuneration and social security | 45 | €8,309 | €9,998 | +€1,690 | +20.3% |
| Taxes | 450/3 | €8,309 | €9,998 | +€1,690 | +20.3% |
| Other amounts payable | 47/48 | €43,756 | €59,387 | +€15,631 | +35.7% |
| Accrued charges and deferred income | 492/3 | - | €711 | +€711 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,459 | €7,643 | +€185 | +2.5% |
| Other operating charges | 640/8 | €1,179 | €1,139 | -€40 | -3.4% |
| Gross operating margin | 9900 | €27,265 | -€26,110 | -€53,375 | |
| Operating profit (loss) | 9901 | €18,627 | -€34,892 | -€53,520 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €4,584 | €3,553 | -€1,032 | -22.5% |
| Recurring financial charges | 65 | €4,584 | €3,553 | -€1,032 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €14,043 | -€38,442 | -€52,485 | |
| Income taxes | 67/77 | €3,159 | €249 | -€2,910 | -92.1% |
| Profit (loss) for the period | 9904 | €10,884 | -€38,691 | -€49,575 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,884 | -€38,691 | -€49,575 |
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 25 October 2026 via checked.be.