Advorum: 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.
Advorum
Largest movements
- Cash +€61,400
up €61,400 (+66.6%), from €92,152 to €153,552
mainly Net result for the year (+€126,418) and Trade debts (+€117,901)
- Intangible fixed assets -€48,809
down €48,809 (-14.4%), from €339,642 to €290,833
- Tangible fixed assets +€13,770
up €13,770 (+35.4%), from €38,904 to €52,673
of which Furniture and vehicles: +€9,152
- Trade debts +€117,901
up €117,901 (+406.4%), from €29,013 to €146,914
- Debts after one year -€110,000
down €110,000 (-44.0%), from €250,000 to €140,000
- Advances received +€54,239
up €54,239 (+239.4%), from €22,655 to €76,894
- Other debts -€29,177
down €29,177 (-18.8%), from €155,000 to €125,823
- Tax, wage and social debts -€5,831
down €5,831 (-35.1%), from €16,632 to €10,801
of which Taxes: -€7,659
- Staff costs +€16,470
up €16,470 (+57.9%), from €28,443 to €44,912
- Gross operating margin -€16,006
down €16,006 (-6.3%), from €254,865 to €238,859
- Financial charges -€4,908
down €4,908 (-38.6%), from €12,711 to €7,803
- Depreciation +€2,656
up €2,656 (+4.9%), from €54,235 to €56,891
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 | €502,023 | €530,762 | +€28,739 | +5.7% |
| Fixed assets | 21/28 | €378,546 | €343,506 | -€35,039 | -9.3% |
| Intangible fixed assets | 21 | €339,642 | €290,833 | -€48,809 | -14.4% |
| Tangible fixed assets | 22/27 | €38,904 | €52,673 | +€13,770 | +35.4% |
| Plant, machinery and equipment | 23 | €3,984 | €3,114 | -€870 | -21.8% |
| Furniture and vehicles | 24 | €15,108 | €24,260 | +€9,152 | +60.6% |
| Other tangible fixed assets | 26 | €19,811 | €25,299 | +€5,488 | +27.7% |
| Current assets | 29/58 | €123,477 | €187,256 | +€63,778 | +51.7% |
| Amounts receivable within one year | 40/41 | €28,956 | €31,102 | +€2,146 | +7.4% |
| Trade receivables | 40 | €26,544 | €29,554 | +€3,010 | +11.3% |
| Other amounts receivable | 41 | €2,413 | €1,549 | -€864 | -35.8% |
| Cash at bank and in hand | 54/58 | €92,152 | €153,552 | +€61,400 | +66.6% |
| Deferred charges and accrued income | 490/1 | €2,369 | €2,601 | +€232 | +9.8% |
| Total equity and liabilities | 10/49 | €502,023 | €530,762 | +€28,739 | +5.7% |
| Equity | 10/15 | €28,723 | €30,329 | +€1,606 | +5.6% |
| Contributions | 10/11 | €24,000 | €24,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,723 | €6,329 | +€1,606 | +34.0% |
| Amounts payable | 17/49 | €473,300 | €500,433 | +€27,133 | +5.7% |
| Amounts payable after more than one year | 17 | €250,000 | €140,000 | -€110,000 | -44.0% |
| Financial debts | 170/4 | €250,000 | €140,000 | -€110,000 | -44.0% |
| Amounts payable within one year | 42/48 | €223,300 | €360,433 | +€137,133 | +61.4% |
| Trade debts | 44 | €29,013 | €146,914 | +€117,901 | +406.4% |
| Suppliers | 440/4 | €29,013 | €146,914 | +€117,901 | +406.4% |
| Advances received on contracts in progress | 46 | €22,655 | €76,894 | +€54,239 | +239.4% |
| Taxes, remuneration and social security | 45 | €16,632 | €10,801 | -€5,831 | -35.1% |
| Taxes | 450/3 | €10,216 | €2,558 | -€7,659 | -75.0% |
| Remuneration and social security | 454/9 | €6,415 | €8,243 | +€1,828 | +28.5% |
| Other amounts payable | 47/48 | €155,000 | €125,823 | -€29,177 | -18.8% |
| Remuneration, social security and pensions | 62 | €28,443 | €44,912 | +€16,470 | +57.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,235 | €56,891 | +€2,656 | +4.9% |
| Other operating charges | 640/8 | €1,444 | €1,509 | +€65 | +4.5% |
| Gross operating margin | 9900 | €254,865 | €238,859 | -€16,006 | -6.3% |
| Operating profit (loss) | 9901 | €170,743 | €135,547 | -€35,196 | -20.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | +45.5% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +45.5% |
| Financial charges | 65/66B | €12,711 | €7,803 | -€4,908 | -38.6% |
| Recurring financial charges | 65 | €12,711 | €7,803 | -€4,908 | -38.6% |
| Profit (loss) for the period before taxes | 9903 | €158,032 | €127,744 | -€30,288 | -19.2% |
| Income taxes | 67/77 | €573 | €1,326 | +€753 | +131.5% |
| Profit (loss) for the period | 9904 | €157,459 | €126,418 | -€31,041 | -19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €157,459 | €126,418 | -€31,041 | -19.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.