Avocats-FLHM: 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.
Avocats-FLHM
Largest movements
- Cash +€267,710
up €267,710 (+85.5%), from €312,982 to €580,692
mainly Net result for the year (+€202,088) and Receivables within one year (+€78,293)
- Tangible fixed assets -€88,508
down €88,508 (-15.6%), from €568,404 to €479,896
of which Furniture and vehicles: -€66,297
- Receivables within one year -€78,293
down €78,293 (-32.2%), from €243,246 to €164,953
of which Trade receivables: -€72,295
- Current investments +€60,341
new in 2025: €60,341
- Reserves +€130,385
up €130,385 (+16.2%), from €804,804 to €935,189
of which Distributable reserves: +€70,044
- Other debts +€58,988
up €58,988 (+43.9%), from €134,411 to €193,400
- Debts after one year -€46,714
down €46,714 (-50.4%), from €92,727 to €46,013
- Tax, wage and social debts +€13,872
up €13,872 (+37.8%), from €36,684 to €50,556
of which Taxes: +€17,194
- Gross operating margin +€139,492
up €139,492 (+30.8%), from €452,935 to €592,427
- Taxes +€39,321
up €39,321 (+80.5%), from €48,856 to €88,176
- Other operating charges +€12,572
up €12,572 (+48.3%), from €26,031 to €38,602
- Staff costs -€6,681
down €6,681 (-3.4%), from €198,987 to €192,306
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 | €1,144,701 | €1,301,592 | +€156,891 | +13.7% |
| Fixed assets | 21/28 | €568,482 | €479,896 | -€88,586 | -15.6% |
| Intangible fixed assets | 21 | €78 | €0 | -€78 | -100% |
| Tangible fixed assets | 22/27 | €568,404 | €479,896 | -€88,508 | -15.6% |
| Land and buildings | 22 | €369,628 | €348,408 | -€21,220 | -5.7% |
| Furniture and vehicles | 24 | €190,643 | €124,346 | -€66,297 | -34.8% |
| Other tangible fixed assets | 26 | €8,134 | €7,142 | -€992 | -12.2% |
| Current assets | 29/58 | €576,219 | €821,696 | +€245,477 | +42.6% |
| Amounts receivable within one year | 40/41 | €243,246 | €164,953 | -€78,293 | -32.2% |
| Trade receivables | 40 | €190,794 | €118,498 | -€72,295 | -37.9% |
| Other amounts receivable | 41 | €52,452 | €46,455 | -€5,998 | -11.4% |
| Current investments | 50/53 | - | €60,341 | +€60,341 | |
| Cash at bank and in hand | 54/58 | €312,982 | €580,692 | +€267,710 | +85.5% |
| Deferred charges and accrued income | 490/1 | €19,991 | €15,710 | -€4,281 | -21.4% |
| Total equity and liabilities | 10/49 | €1,144,701 | €1,301,592 | +€156,891 | +13.7% |
| Equity | 10/15 | €824,816 | €955,205 | +€130,388 | +15.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €804,804 | €935,189 | +€130,385 | +16.2% |
| Non-distributable reserves | 130/1 | - | €60,341 | +€60,341 | |
| Own shares acquired | 1312 | - | €60,341 | +€60,341 | |
| Distributable reserves | 133 | €804,804 | €874,848 | +€70,044 | +8.7% |
| Profit (loss) carried forward | 14 | €12 | €15 | +€3 | +26.5% |
| Amounts payable | 17/49 | €319,885 | €346,387 | +€26,503 | +8.3% |
| Amounts payable after more than one year | 17 | €92,727 | €46,013 | -€46,714 | -50.4% |
| Financial debts | 170/4 | €92,727 | €46,013 | -€46,714 | -50.4% |
| Amounts payable within one year | 42/48 | €225,278 | €298,342 | +€73,064 | +32.4% |
| Current portion of amounts payable after more than one year | 42 | €30,697 | €24,523 | -€6,174 | -20.1% |
| Trade debts | 44 | €23,486 | €29,864 | +€6,378 | +27.2% |
| Suppliers | 440/4 | €23,486 | €29,864 | +€6,378 | +27.2% |
| Taxes, remuneration and social security | 45 | €36,684 | €50,556 | +€13,872 | +37.8% |
| Taxes | 450/3 | €9,471 | €26,665 | +€17,194 | +182% |
| Remuneration and social security | 454/9 | €27,213 | €23,891 | -€3,322 | -12.2% |
| Other amounts payable | 47/48 | €134,411 | €193,400 | +€58,988 | +43.9% |
| Accrued charges and deferred income | 492/3 | €1,879 | €2,032 | +€153 | +8.1% |
| Remuneration, social security and pensions | 62 | €198,987 | €192,306 | -€6,681 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,836 | €67,147 | -€1,690 | -2.5% |
| Other operating charges | 640/8 | €26,031 | €38,602 | +€12,572 | +48.3% |
| Gross operating margin | 9900 | €452,935 | €592,427 | +€139,492 | +30.8% |
| Operating profit (loss) | 9901 | €159,081 | €294,372 | +€135,292 | +85.0% |
| Financial income | 75/76B | €1,263 | €1,371 | +€108 | +8.6% |
| Recurring financial income | 75 | €1,263 | €1,371 | +€108 | +8.6% |
| Financial charges | 65/66B | €5,874 | €5,479 | -€395 | -6.7% |
| Recurring financial charges | 65 | €5,874 | €5,479 | -€395 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €154,470 | €290,265 | +€135,795 | +87.9% |
| Income taxes | 67/77 | €48,856 | €88,176 | +€39,321 | +80.5% |
| Profit (loss) for the period | 9904 | €105,614 | €202,088 | +€96,474 | +91.3% |
| Profit (loss) for the period to be appropriated | 9905 | €105,614 | €202,088 | +€96,474 | +91.3% |
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 13 October 2026 via checked.be.