AdvoKate: 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.
AdvoKate
Largest movements
- Tangible fixed assets +€524,591
up €524,591 (+184.0%), from €285,134 to €809,725
of which Land and buildings: +€526,739
- Debts after one year +€257,603
up €257,603 (+147.7%), from €174,396 to €431,999
of which Financial debts: +€257,603
- Short-term financial debts +€245,000
new in 2025: €245,000
- Reserves +€23,869
up €23,869 (+32.6%), from €73,197 to €97,066
- Current portion of long-term debt +€13,258
up €13,258 (+82.3%), from €16,111 to €29,369
- Depreciation +€70,295
up €70,295 (+530.1%), from €13,261 to €83,556
- Gross operating margin +€21,980
up €21,980 (+19.4%), from €113,102 to €135,082
- Financial charges +€12,781
up €12,781 (+276.4%), from €4,625 to €17,406
- Taxes -€11,468
down €11,468 (-61.0%), from €18,809 to €7,341
- Staff costs -€10,790
down €10,790 (-100.0%), from €10,790 to €0
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 | €317,055 | €845,124 | +€528,069 | +166.6% |
| Fixed assets | 21/28 | €285,877 | €810,467 | +€524,591 | +183.5% |
| Tangible fixed assets | 22/27 | €285,134 | €809,725 | +€524,591 | +184.0% |
| Land and buildings | 22 | €257,263 | €784,002 | +€526,739 | +204.7% |
| Plant, machinery and equipment | 23 | €3,432 | €2,254 | -€1,178 | -34.3% |
| Furniture and vehicles | 24 | €1,534 | €0 | -€1,534 | -100.0% |
| Other tangible fixed assets | 26 | €22,905 | €23,469 | +€563 | +2.5% |
| Financial fixed assets | 28 | €743 | €743 | = | 0.0% |
| Current assets | 29/58 | €31,178 | €34,656 | +€3,478 | +11.2% |
| Amounts receivable within one year | 40/41 | €6,752 | €10,076 | +€3,324 | +49.2% |
| Trade receivables | 40 | €6,680 | €2,415 | -€4,265 | -63.9% |
| Other amounts receivable | 41 | €72 | €7,661 | +€7,589 | +10580.3% |
| Cash at bank and in hand | 54/58 | €20,589 | €20,108 | -€481 | -2.3% |
| Deferred charges and accrued income | 490/1 | €3,838 | €4,473 | +€635 | +16.6% |
| Total equity and liabilities | 10/49 | €317,055 | €845,124 | +€528,069 | +166.6% |
| Equity | 10/15 | €83,197 | €107,066 | +€23,869 | +28.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €73,197 | €97,066 | +€23,869 | +32.6% |
| Distributable reserves | 133 | €73,197 | €97,066 | +€23,869 | +32.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €233,858 | €738,057 | +€504,199 | +215.6% |
| Amounts payable after more than one year | 17 | €174,396 | €431,999 | +€257,603 | +147.7% |
| Financial debts | 170/4 | €174,396 | €431,999 | +€257,603 | +147.7% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €58,487 | €302,147 | +€243,660 | +416.6% |
| Current portion of amounts payable after more than one year | 42 | €16,111 | €29,369 | +€13,258 | +82.3% |
| Financial debts | 43 | - | €245,000 | +€245,000 | |
| Credit institutions | 430/8 | - | €245,000 | +€245,000 | |
| Trade debts | 44 | €10,635 | €2,435 | -€8,201 | -77.1% |
| Suppliers | 440/4 | €10,635 | €2,435 | -€8,201 | -77.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €23,505 | €17,416 | -€6,089 | -25.9% |
| Taxes | 450/3 | €23,505 | €17,416 | -€6,089 | -25.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €8,236 | €7,927 | -€308 | -3.7% |
| Accrued charges and deferred income | 492/3 | €974 | €3,911 | +€2,937 | +301.4% |
| Remuneration, social security and pensions | 62 | €10,790 | €0 | -€10,790 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,261 | €83,556 | +€70,295 | +530.1% |
| Other operating charges | 640/8 | €1,930 | €2,914 | +€984 | +51.0% |
| Gross operating margin | 9900 | €113,102 | €135,082 | +€21,980 | +19.4% |
| Operating profit (loss) | 9901 | €87,121 | €48,613 | -€38,509 | -44.2% |
| Financial income | 75/76B | €3 | €4 | +€0 | +12.8% |
| Recurring financial income | 75 | €3 | €4 | +€0 | +12.8% |
| Financial charges | 65/66B | €4,625 | €17,406 | +€12,781 | +276.4% |
| Recurring financial charges | 65 | €4,625 | €17,406 | +€12,781 | +276.4% |
| Profit (loss) for the period before taxes | 9903 | €82,500 | €31,210 | -€51,290 | -62.2% |
| Income taxes | 67/77 | €18,809 | €7,341 | -€11,468 | -61.0% |
| Profit (loss) for the period | 9904 | €63,691 | €23,869 | -€39,822 | -62.5% |
| Profit (loss) for the period to be appropriated | 9905 | €63,691 | €23,869 | -€39,822 | -62.5% |
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 11 October 2026 via checked.be.