Bart De Moor Advocaat: what changed
Bart De Moor Advocaat
Largest movements
- Cash -€330,108
down €330,108 (-52.3%), from €630,645 to €300,537
mainly Receivables within one year (-€297,026) and Tax, wage and social debts (-€265,523)
- Receivables within one year +€297,026
up €297,026 (+45.6%), from €650,913 to €947,939
of which Trade receivables: +€166,857
- Tax, wage and social debts -€265,523
down €265,523 (-76.1%), from €349,005 to €83,481
- Profit (loss) carried forward +€222,033
up €222,033 (+23.5%), from €946,020 to €1.2m
- Gross operating margin -€306,252
down €306,252 (-50.7%), from €604,446 to €298,194
- Taxes -€75,776
down €75,776 (-51.6%), from €146,951 to €71,175
- Financial income +€8,705
up €8,705 (+268%), from €3,251 to €11,956
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,303,007 | €1,258,247 | -€44,760 | -3.4% |
| Fixed assets | 21/28 | €20,660 | €8,438 | -€12,223 | -59.2% |
| Tangible fixed assets | 22/27 | €20,660 | €8,438 | -€12,223 | -59.2% |
| Furniture and vehicles | 24 | €19,621 | €7,515 | -€12,106 | -61.7% |
| Other tangible fixed assets | 26 | €1,039 | €923 | -€116 | -11.2% |
| Current assets | 29/58 | €1,282,346 | €1,249,809 | -€32,537 | -2.5% |
| Amounts receivable within one year | 40/41 | €650,913 | €947,939 | +€297,026 | +45.6% |
| Trade receivables | 40 | €512,232 | €679,088 | +€166,857 | +32.6% |
| Other amounts receivable | 41 | €138,682 | €268,851 | +€130,169 | +93.9% |
| Cash at bank and in hand | 54/58 | €630,645 | €300,537 | -€330,108 | -52.3% |
| Deferred charges and accrued income | 490/1 | €788 | €1,332 | +€544 | +69.1% |
| Total equity and liabilities | 10/49 | €1,303,007 | €1,258,247 | -€44,760 | -3.4% |
| Equity | 10/15 | €949,020 | €1,171,052 | +€222,033 | +23.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €946,020 | €1,168,052 | +€222,033 | +23.5% |
| Amounts payable | 17/49 | €353,987 | €87,194 | -€266,793 | -75.4% |
| Amounts payable within one year | 42/48 | €353,987 | €87,194 | -€266,793 | -75.4% |
| Trade debts | 44 | €4,182 | €2,913 | -€1,269 | -30.4% |
| Suppliers | 440/4 | €4,182 | €2,913 | -€1,269 | -30.4% |
| Taxes, remuneration and social security | 45 | €349,005 | €83,481 | -€265,523 | -76.1% |
| Taxes | 450/3 | €349,005 | €83,481 | -€265,523 | -76.1% |
| Other amounts payable | 47/48 | €800 | €800 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,060 | €13,522 | +€462 | +3.5% |
| Other operating charges | 640/8 | €3,275 | €2,625 | -€650 | -19.8% |
| Gross operating margin | 9900 | €604,446 | €298,194 | -€306,252 | -50.7% |
| Operating profit (loss) | 9901 | €588,112 | €282,048 | -€306,064 | -52.0% |
| Financial income | 75/76B | €3,251 | €11,956 | +€8,705 | +268% |
| Recurring financial income | 75 | €3,251 | €11,956 | +€8,705 | +268% |
| Financial charges | 65/66B | €440 | €796 | +€356 | +80.8% |
| Recurring financial charges | 65 | €440 | €796 | +€356 | +80.8% |
| Profit (loss) for the period before taxes | 9903 | €590,922 | €293,208 | -€297,714 | -50.4% |
| Income taxes | 67/77 | €146,951 | €71,175 | -€75,776 | -51.6% |
| Profit (loss) for the period | 9904 | €443,971 | €222,033 | -€221,938 | -50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €443,971 | €222,033 | -€221,938 | -50.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.