EALD Advocaat: 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.
EALD Advocaat
Largest movements
- Current investments -€30,000
no longer reported in 2025 (was €30,000)
- Cash -€27,319
down €27,319 (-31.0%), from €88,059 to €60,740
mainly Contributions, distributions and other (-€121,000) and Current portion of long-term debt (-€4,633)
- Tangible fixed assets -€5,711
down €5,711 (-52.8%), from €10,811 to €5,100
- Reserves -€92,075
down €92,075 (-96.8%), from €95,164 to €3,090
- Other debts +€33,730
up €33,730 (+103%), from €32,856 to €66,586
- Current portion of long-term debt -€4,633
no longer reported in 2025 (was €4,633)
- Tax, wage and social debts -€2,780
down €2,780 (-30.3%), from €9,164 to €6,383
- Gross operating margin +€9,397
up €9,397 (+25.4%), from €36,928 to €46,325
- Taxes +€1,506
up €1,506 (+20.2%), from €7,450 to €8,955
- Financial charges +€609
up €609 (+27.8%), from €2,192 to €2,801
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 | €147,382 | €83,243 | -€64,139 | -43.5% |
| Fixed assets | 21/28 | €10,811 | €5,100 | -€5,711 | -52.8% |
| Tangible fixed assets | 22/27 | €10,811 | €5,100 | -€5,711 | -52.8% |
| Furniture and vehicles | 24 | €10,811 | €5,100 | -€5,711 | -52.8% |
| Current assets | 29/58 | €136,571 | €78,143 | -€58,428 | -42.8% |
| Amounts receivable within one year | 40/41 | €18,512 | €17,403 | -€1,109 | -6.0% |
| Trade receivables | 40 | €15,180 | €12,690 | -€2,491 | -16.4% |
| Other amounts receivable | 41 | €3,332 | €4,714 | +€1,382 | +41.5% |
| Current investments | 50/53 | €30,000 | - | -€30,000 | |
| Cash at bank and in hand | 54/58 | €88,059 | €60,740 | -€27,319 | -31.0% |
| Total equity and liabilities | 10/49 | €147,382 | €83,243 | -€64,139 | -43.5% |
| Equity | 10/15 | €98,164 | €6,090 | -€92,075 | -93.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €95,164 | €3,090 | -€92,075 | -96.8% |
| Distributable reserves | 133 | €95,164 | €3,090 | -€92,075 | -96.8% |
| Amounts payable | 17/49 | €49,218 | €77,154 | +€27,936 | +56.8% |
| Amounts payable within one year | 42/48 | €47,177 | €74,623 | +€27,446 | +58.2% |
| Current portion of amounts payable after more than one year | 42 | €4,633 | - | -€4,633 | |
| Trade debts | 44 | €524 | €1,653 | +€1,129 | +215% |
| Suppliers | 440/4 | €524 | €1,653 | +€1,129 | +215% |
| Taxes, remuneration and social security | 45 | €9,164 | €6,383 | -€2,780 | -30.3% |
| Taxes | 450/3 | €9,164 | €6,383 | -€2,780 | -30.3% |
| Other amounts payable | 47/48 | €32,856 | €66,586 | +€33,730 | +103% |
| Accrued charges and deferred income | 492/3 | €2,041 | €2,531 | +€490 | +24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,677 | €5,711 | +€34 | +0.6% |
| Other operating charges | 640/8 | €1,125 | €1,055 | -€70 | -6.2% |
| Gross operating margin | 9900 | €36,928 | €46,325 | +€9,397 | +25.4% |
| Operating profit (loss) | 9901 | €30,126 | €39,559 | +€9,433 | +31.3% |
| Financial income | 75/76B | €1,564 | €1,123 | -€441 | -28.2% |
| Recurring financial income | 75 | €1,564 | €1,123 | -€441 | -28.2% |
| Financial charges | 65/66B | €2,192 | €2,801 | +€609 | +27.8% |
| Recurring financial charges | 65 | €2,192 | €2,801 | +€609 | +27.8% |
| Profit (loss) for the period before taxes | 9903 | €29,498 | €37,881 | +€8,383 | +28.4% |
| Income taxes | 67/77 | €7,450 | €8,955 | +€1,506 | +20.2% |
| Profit (loss) for the period | 9904 | €22,048 | €28,925 | +€6,877 | +31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,048 | €28,925 | +€6,877 | +31.2% |
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 29 October 2026 via checked.be.