ADVY: what changed
Two fiscal 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.
ADVY
Largest movements
- Current investments -€300,000
down €300,000 (-100.0%), from €300,000 to €0
- Cash +€167,516
up €167,516 (+391.8%), from €42,752 to €210,269
mainly Current investments (+€300,000) and Depreciation (+€40,873)
- Tangible fixed assets -€40,873
down €40,873 (-11.3%), from €362,424 to €321,551
- Receivables within one year -€9,692
down €9,692 (-100.0%), from €9,692 to €0
- Other debts -€160,477
down €160,477 (-40.4%), from €397,030 to €236,553
- Profit (loss) carried forward -€38,679
down €38,679, from €0 to -€38,679
- Accrued charges and deferred income +€11,695
up €11,695 (+139.2%), from €8,399 to €20,095
- Gross operating margin -€20,368
down €20,368 (-34.3%), from €59,422 to €39,054
- Financial charges +€12,823
up €12,823 (+169.9%), from €7,546 to €20,369
- Financial income -€9,628
down €9,628 (-91.1%), from €10,570 to €942
- Other operating charges +€7,186
up €7,186 (+74.2%), from €9,687 to €16,873
- Depreciation -€926
down €926 (-2.2%), from €41,799 to €40,873
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 | €831,331 | €644,902 | -€186,429 | -22.4% |
| Fixed assets | 21/28 | €471,825 | €430,952 | -€40,873 | -8.7% |
| Tangible fixed assets | 22/27 | €362,424 | €321,551 | -€40,873 | -11.3% |
| Land and buildings | 22 | €362,424 | €321,551 | -€40,873 | -11.3% |
| Financial fixed assets | 28 | €109,401 | €109,401 | = | 0.0% |
| Current assets | 29/58 | €359,506 | €213,950 | -€145,556 | -40.5% |
| Amounts receivable within one year | 40/41 | €9,692 | €0 | -€9,692 | -100.0% |
| Other amounts receivable | 41 | €9,692 | €0 | -€9,692 | -100.0% |
| Current investments | 50/53 | €300,000 | €0 | -€300,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €42,752 | €210,269 | +€167,516 | +391.8% |
| Deferred charges and accrued income | 490/1 | €7,061 | €3,681 | -€3,380 | -47.9% |
| Total equity and liabilities | 10/49 | €831,331 | €644,902 | -€186,429 | -22.4% |
| Equity | 10/15 | €423,641 | €384,962 | -€38,679 | -9.1% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Capital | 10 | €400,000 | €400,000 | = | 0.0% |
| Issued capital | 100 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €23,641 | €23,641 | = | 0.0% |
| Non-distributable reserves | 130/1 | €23,641 | €23,641 | = | 0.0% |
| Legal reserve | 130 | €23,641 | €23,641 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | -€38,679 | -€38,679 | |
| Amounts payable | 17/49 | €407,689 | €259,939 | -€147,750 | -36.2% |
| Amounts payable within one year | 42/48 | €399,290 | €239,845 | -€159,445 | -39.9% |
| Trade debts | 44 | €2,260 | €3,013 | +€754 | +33.3% |
| Suppliers | 440/4 | €2,260 | €3,013 | +€754 | +33.3% |
| Taxes, remuneration and social security | 45 | €0 | €278 | +€278 | |
| Taxes | 450/3 | €0 | €278 | +€278 | |
| Other amounts payable | 47/48 | €397,030 | €236,553 | -€160,477 | -40.4% |
| Accrued charges and deferred income | 492/3 | €8,399 | €20,095 | +€11,695 | +139.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,799 | €40,873 | -€926 | -2.2% |
| Other operating charges | 640/8 | €9,687 | €16,873 | +€7,186 | +74.2% |
| Gross operating margin | 9900 | €59,422 | €39,054 | -€20,368 | -34.3% |
| Operating profit (loss) | 9901 | €7,936 | -€18,692 | -€26,628 | |
| Financial income | 75/76B | €10,570 | €942 | -€9,628 | -91.1% |
| Recurring financial income | 75 | €10,570 | €942 | -€9,628 | -91.1% |
| Financial charges | 65/66B | €7,546 | €20,369 | +€12,823 | +169.9% |
| Recurring financial charges | 65 | €7,546 | €20,369 | +€12,823 | +169.9% |
| Profit (loss) for the period before taxes | 9903 | €10,960 | -€38,119 | -€49,079 | |
| Income taxes | 67/77 | €692 | €560 | -€131 | -19.0% |
| Profit (loss) for the period | 9904 | €10,268 | -€38,679 | -€48,947 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,268 | -€38,679 | -€48,947 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.