El Avocat: 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.
El Avocat
Largest movements
- Cash -€165,332
down €165,332 (-87.9%), from €188,093 to €22,761
mainly Contributions, distributions and other (-€99,601) and Other debts (-€81,039)
- Tangible fixed assets +€17,156
up €17,156 (+373%), from €4,598 to €21,754
of which Furniture and vehicles: +€12,359
- Other debts -€81,039
down €81,039 (-70.9%), from €114,221 to €33,182
- Profit (loss) carried forward -€64,937
down €64,937 (-95.2%), from €68,190 to €3,252
- Contributions -€2,000
down €2,000 (-80.0%), from €2,500 to €500
- Gross operating margin -€41,409
down €41,409 (-45.9%), from €90,220 to €48,811
- Taxes -€10,514
down €10,514 (-52.1%), from €20,183 to €9,669
- Depreciation +€4,766
up €4,766 (+503%), from €948 to €5,714
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 | €193,279 | €46,701 | -€146,578 | -75.8% |
| Fixed assets | 21/28 | €4,598 | €21,754 | +€17,156 | +373% |
| Tangible fixed assets | 22/27 | €4,598 | €21,754 | +€17,156 | +373% |
| Land and buildings | 22 | €186 | €4,983 | +€4,797 | +2,586% |
| Furniture and vehicles | 24 | €4,412 | €16,771 | +€12,359 | +280% |
| Current assets | 29/58 | €188,681 | €24,947 | -€163,734 | -86.8% |
| Amounts receivable within one year | 40/41 | €275 | €1,910 | +€1,635 | +595% |
| Trade receivables | 40 | €275 | €0 | -€275 | -100% |
| Other amounts receivable | 41 | - | €1,910 | +€1,910 | |
| Cash at bank and in hand | 54/58 | €188,093 | €22,761 | -€165,332 | -87.9% |
| Deferred charges and accrued income | 490/1 | €313 | €275 | -€37 | -12.0% |
| Total equity and liabilities | 10/49 | €193,279 | €46,701 | -€146,578 | -75.8% |
| Equity | 10/15 | €70,690 | €3,752 | -€66,937 | -94.7% |
| Contributions | 10/11 | €2,500 | €500 | -€2,000 | -80.0% |
| Profit (loss) carried forward | 14 | €68,190 | €3,252 | -€64,937 | -95.2% |
| Amounts payable | 17/49 | €122,589 | €42,948 | -€79,641 | -65.0% |
| Amounts payable within one year | 42/48 | €122,589 | €42,948 | -€79,641 | -65.0% |
| Trade debts | 44 | €791 | €1,206 | +€415 | +52.4% |
| Suppliers | 440/4 | €791 | €1,206 | +€415 | +52.4% |
| Taxes, remuneration and social security | 45 | €7,576 | €8,561 | +€984 | +13.0% |
| Taxes | 450/3 | €7,576 | €8,561 | +€984 | +13.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €114,221 | €33,182 | -€81,039 | -70.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €948 | €5,714 | +€4,766 | +503% |
| Other operating charges | 640/8 | €709 | €776 | +€67 | +9.5% |
| Gross operating margin | 9900 | €90,220 | €48,811 | -€41,409 | -45.9% |
| Operating profit (loss) | 9901 | €88,564 | €42,321 | -€46,243 | -52.2% |
| Financial income | 75/76B | €296 | €285 | -€11 | -3.7% |
| Recurring financial income | 75 | €296 | €285 | -€11 | -3.7% |
| Financial charges | 65/66B | €487 | €273 | -€214 | -44.0% |
| Recurring financial charges | 65 | €487 | €273 | -€214 | -44.0% |
| Profit (loss) for the period before taxes | 9903 | €88,373 | €42,333 | -€46,040 | -52.1% |
| Income taxes | 67/77 | €20,183 | €9,669 | -€10,514 | -52.1% |
| Profit (loss) for the period | 9904 | €68,190 | €32,664 | -€35,526 | -52.1% |
| Profit (loss) for the period to be appropriated | 9905 | €68,190 | €32,664 | -€35,526 | -52.1% |
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 22 October 2026 via checked.be.