ADVOCOX: 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.
ADVOCOX
Largest movements
- Cash +€30,295
up €30,295 (+25.8%), from €117,339 to €147,634
mainly Net result for the year (+€32,622) and Depreciation (+€3,204)
- Tangible fixed assets -€3,204
down €3,204 (-14.2%), from €22,618 to €19,414
of which Other tangible fixed assets: -€2,750
- Reserves +€32,622
up €32,622 (+40.1%), from €81,422 to €114,044
- Trade debts -€3,718
down €3,718 (-62.9%), from €5,913 to €2,195
- Financial charges +€901
up €901 (+20.4%), from €4,426 to €5,327
- Gross operating margin +€809
up €809 (+1.6%), from €49,623 to €50,432
- Taxes +€729
up €729 (+9.1%), from €8,035 to €8,764
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 | €143,908 | €172,247 | +€28,339 | +19.7% |
| Fixed assets | 21/28 | €22,618 | €19,414 | -€3,204 | -14.2% |
| Tangible fixed assets | 22/27 | €22,618 | €19,414 | -€3,204 | -14.2% |
| Furniture and vehicles | 24 | €1,292 | €838 | -€454 | -35.1% |
| Other tangible fixed assets | 26 | €21,326 | €18,576 | -€2,750 | -12.9% |
| Current assets | 29/58 | €121,291 | €152,833 | +€31,543 | +26.0% |
| Amounts receivable within one year | 40/41 | €648 | €645 | -€4 | -0.6% |
| Trade receivables | 40 | €644 | €644 | = | 0.0% |
| Other amounts receivable | 41 | €5 | €1 | -€4 | -84.5% |
| Cash at bank and in hand | 54/58 | €117,339 | €147,634 | +€30,295 | +25.8% |
| Deferred charges and accrued income | 490/1 | €3,303 | €4,554 | +€1,251 | +37.9% |
| Total equity and liabilities | 10/49 | €143,908 | €172,247 | +€28,339 | +19.7% |
| Equity | 10/15 | €86,422 | €119,044 | +€32,622 | +37.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €81,422 | €114,044 | +€32,622 | +40.1% |
| Distributable reserves | 133 | €81,422 | €114,044 | +€32,622 | +40.1% |
| Amounts payable | 17/49 | €57,487 | €53,203 | -€4,283 | -7.5% |
| Amounts payable within one year | 42/48 | €57,387 | €53,203 | -€4,183 | -7.3% |
| Trade debts | 44 | €5,913 | €2,195 | -€3,718 | -62.9% |
| Suppliers | 440/4 | €5,913 | €2,195 | -€3,718 | -62.9% |
| Taxes, remuneration and social security | 45 | €6,643 | €7,233 | +€590 | +8.9% |
| Taxes | 450/3 | €6,643 | €4,981 | -€1,662 | -25.0% |
| Remuneration and social security | 454/9 | €0 | €2,252 | +€2,252 | |
| Other amounts payable | 47/48 | €44,831 | €43,776 | -€1,055 | -2.4% |
| Accrued charges and deferred income | 492/3 | €100 | €0 | -€100 | -100% |
| Non-recurring operating income | 76A | €11,570 | €0 | -€11,570 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,204 | €3,204 | = | 0.0% |
| Other operating charges | 640/8 | €607 | €515 | -€92 | -15.1% |
| Gross operating margin | 9900 | €49,623 | €50,432 | +€809 | +1.6% |
| Operating profit (loss) | 9901 | €45,813 | €46,713 | +€901 | +2.0% |
| Financial income | 75/76B | €75 | €0 | -€75 | -100% |
| Recurring financial income | 75 | €75 | €0 | -€75 | -100% |
| Financial charges | 65/66B | €4,426 | €5,327 | +€901 | +20.4% |
| Recurring financial charges | 65 | €4,426 | €5,327 | +€901 | +20.4% |
| Profit (loss) for the period before taxes | 9903 | €41,461 | €41,386 | -€75 | -0.2% |
| Income taxes | 67/77 | €8,035 | €8,764 | +€729 | +9.1% |
| Profit (loss) for the period | 9904 | €33,426 | €32,622 | -€804 | -2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €33,426 | €32,622 | -€804 | -2.4% |
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 24 October 2026 via checked.be.