ANDES ADVICE & CREATION: 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.
ANDES ADVICE & CREATION
Largest movements
- Cash -€27,677
down €27,677 (-61.9%), from €44,700 to €17,023
mainly Other debts (-€20,292) and Investment in fixed assets (net) (-€16,998)
- Receivables within one year +€10,356
up €10,356 (+127%), from €8,184 to €18,540
of which Trade receivables: +€7,928
- Tangible fixed assets +€3,459
up €3,459 (+5.8%), from €59,455 to €62,914
of which Furniture and vehicles: +€8,045
- Other debts -€20,292
no longer reported in 2025 (was €20,292)
- Reserves +€13,784
up €13,784 (+101%), from €13,619 to €27,403
- Tax, wage and social debts -€11,408
down €11,408 (-55.0%), from €20,760 to €9,352
- Trade debts +€4,410
up €4,410 (+119%), from €3,699 to €8,109
- Gross operating margin -€20,812
down €20,812 (-37.2%), from €55,899 to €35,088
- Taxes -€4,594
down €4,594 (-41.1%), from €11,175 to €6,581
- Depreciation +€4,256
up €4,256 (+45.8%), from €9,283 to €13,539
- Financial income -€600
down €600 (-100.0%), from €600 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.
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 | €113,525 | €100,018 | -€13,506 | -11.9% |
| Fixed assets | 21/28 | €59,456 | €62,915 | +€3,459 | +5.8% |
| Intangible fixed assets | 21 | €1 | €1 | -€0 | -11.9% |
| Tangible fixed assets | 22/27 | €59,455 | €62,914 | +€3,459 | +5.8% |
| Plant, machinery and equipment | 23 | €10,059 | €2,944 | -€7,115 | -70.7% |
| Furniture and vehicles | 24 | €2,579 | €10,625 | +€8,045 | +312% |
| Other tangible fixed assets | 26 | €46,817 | €49,346 | +€2,529 | +5.4% |
| Current assets | 29/58 | €54,068 | €37,103 | -€16,965 | -31.4% |
| Stocks and contracts in progress | 3 | €901 | €806 | -€95 | -10.5% |
| Stocks | 30/36 | €901 | €806 | -€95 | -10.5% |
| Amounts receivable within one year | 40/41 | €8,184 | €18,540 | +€10,356 | +127% |
| Trade receivables | 40 | €1,426 | €9,353 | +€7,928 | +556% |
| Other amounts receivable | 41 | €6,758 | €9,186 | +€2,428 | +35.9% |
| Cash at bank and in hand | 54/58 | €44,700 | €17,023 | -€27,677 | -61.9% |
| Deferred charges and accrued income | 490/1 | €284 | €735 | +€451 | +159% |
| Total equity and liabilities | 10/49 | €113,525 | €100,018 | -€13,506 | -11.9% |
| Equity | 10/15 | €66,274 | €80,058 | +€13,784 | +20.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €13,619 | €27,403 | +€13,784 | +101% |
| Distributable reserves | 133 | €13,619 | €27,403 | +€13,784 | +101% |
| Profit (loss) carried forward | 14 | €49,655 | €49,655 | = | 0.0% |
| Amounts payable | 17/49 | €47,251 | €19,960 | -€27,290 | -57.8% |
| Amounts payable within one year | 42/48 | €44,751 | €17,460 | -€27,290 | -61.0% |
| Trade debts | 44 | €3,699 | €8,109 | +€4,410 | +119% |
| Suppliers | 440/4 | €3,699 | €8,109 | +€4,410 | +119% |
| Taxes, remuneration and social security | 45 | €20,760 | €9,352 | -€11,408 | -55.0% |
| Taxes | 450/3 | €20,760 | €9,352 | -€11,408 | -55.0% |
| Other amounts payable | 47/48 | €20,292 | - | -€20,292 | |
| Accrued charges and deferred income | 492/3 | €2,500 | €2,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,283 | €13,539 | +€4,256 | +45.8% |
| Other operating charges | 640/8 | €448 | €531 | +€84 | +18.7% |
| Gross operating margin | 9900 | €55,899 | €35,088 | -€20,812 | -37.2% |
| Operating profit (loss) | 9901 | €46,169 | €21,017 | -€25,152 | -54.5% |
| Financial income | 75/76B | €600 | €0 | -€600 | -100.0% |
| Recurring financial income | 75 | €600 | €0 | -€600 | -100.0% |
| Financial charges | 65/66B | €921 | €652 | -€269 | -29.2% |
| Recurring financial charges | 65 | €921 | €652 | -€269 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €45,848 | €20,365 | -€25,483 | -55.6% |
| Income taxes | 67/77 | €11,175 | €6,581 | -€4,594 | -41.1% |
| Profit (loss) for the period | 9904 | €34,673 | €13,784 | -€20,889 | -60.2% |
| Profit (loss) for the period to be appropriated | 9905 | €34,673 | €13,784 | -€20,889 | -60.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.