ADVOKOMVEST: 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.
ADVOKOMVEST
Largest movements
- Cash +€169,587
up €169,587 (+242%), from €70,069 to €239,656
mainly Trade debts (+€138,885) and Net result for the year (+€38,527)
- Trade debts +€138,885
up €138,885 (+179%), from €77,578 to €216,463
- Tax, wage and social debts +€13,633
up €13,633 (+85.6%), from €15,931 to €29,564
of which Taxes: +€13,146
- Debts after one year +€10,153
new in 2025: €10,153
- Current portion of long-term debt +€4,843
up €4,843 (+476%), from €1,017 to €5,860
- Gross operating margin -€22,094
down €22,094 (-15.3%), from €144,812 to €122,717
- Other operating charges -€19,229
down €19,229 (-97.0%), from €19,821 to €593
- Write-downs +€19,206
up €19,206, from -€19,206 to €0
- Staff costs +€4,014
up €4,014 (+5.1%), from €78,214 to €82,228
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 | €241,193 | €407,540 | +€166,347 | +69.0% |
| Current assets | 29/58 | €241,193 | €407,540 | +€166,347 | +69.0% |
| Amounts receivable within one year | 40/41 | €167,990 | €165,639 | -€2,351 | -1.4% |
| Trade receivables | 40 | €161,726 | €158,541 | -€3,185 | -2.0% |
| Other amounts receivable | 41 | €6,263 | €7,098 | +€834 | +13.3% |
| Cash at bank and in hand | 54/58 | €70,069 | €239,656 | +€169,587 | +242% |
| Deferred charges and accrued income | 490/1 | €3,135 | €2,245 | -€890 | -28.4% |
| Total equity and liabilities | 10/49 | €241,193 | €407,540 | +€166,347 | +69.0% |
| Equity | 10/15 | €30,737 | €31,264 | +€527 | +1.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,296 | €10,296 | = | 0.0% |
| Distributable reserves | 133 | €10,296 | €10,296 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,841 | €2,368 | +€527 | +28.6% |
| Amounts payable | 17/49 | €210,456 | €376,276 | +€165,820 | +78.8% |
| Amounts payable after more than one year | 17 | - | €10,153 | +€10,153 | |
| Financial debts | 170/4 | - | €10,153 | +€10,153 | |
| Amounts payable within one year | 42/48 | €210,456 | €366,123 | +€155,667 | +74.0% |
| Current portion of amounts payable after more than one year | 42 | €1,017 | €5,860 | +€4,843 | +476% |
| Trade debts | 44 | €77,578 | €216,463 | +€138,885 | +179% |
| Suppliers | 440/4 | €77,578 | €216,463 | +€138,885 | +179% |
| Taxes, remuneration and social security | 45 | €15,931 | €29,564 | +€13,633 | +85.6% |
| Taxes | 450/3 | €6,747 | €19,893 | +€13,146 | +195% |
| Remuneration and social security | 454/9 | €9,184 | €9,671 | +€487 | +5.3% |
| Other amounts payable | 47/48 | €115,930 | €114,236 | -€1,695 | -1.5% |
| Remuneration, social security and pensions | 62 | €78,214 | €82,228 | +€4,014 | +5.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€19,206 | €0 | +€19,206 | |
| Other operating charges | 640/8 | €19,821 | €593 | -€19,229 | -97.0% |
| Gross operating margin | 9900 | €144,812 | €122,717 | -€22,094 | -15.3% |
| Operating profit (loss) | 9901 | €65,982 | €39,896 | -€26,085 | -39.5% |
| Financial income | 75/76B | €12 | €208 | +€196 | +1,609% |
| Recurring financial income | 75 | €12 | €208 | +€196 | +1,609% |
| Financial charges | 65/66B | €357 | €311 | -€46 | -13.0% |
| Recurring financial charges | 65 | €357 | €311 | -€46 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €65,636 | €39,793 | -€25,843 | -39.4% |
| Income taxes | 67/77 | €1,246 | €1,266 | +€21 | +1.6% |
| Profit (loss) for the period | 9904 | €64,391 | €38,527 | -€25,864 | -40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €64,391 | €38,527 | -€25,864 | -40.2% |
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.