FIN-ADVIES: 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.
FIN-ADVIES
Largest movements
- Tangible fixed assets -€8,043
down €8,043 (-4.7%), from €169,486 to €161,443
of which Other tangible fixed assets: -€5,702
- Debts after one year +€14,852
up €14,852 (+10.6%), from €139,948 to €154,800
- Profit (loss) carried forward -€14,805
down €14,805 (-22.1%), from -€66,979 to -€81,783
- Current portion of long-term debt -€9,702
down €9,702 (-39.5%), from €24,551 to €14,848
- Gross operating margin -€1,410
down €1,410 (-55.2%), from -€2,555 to -€3,966
- Financial charges -€1,107
down €1,107 (-43.2%), from €2,564 to €1,456
- Depreciation -€157
down €157 (-1.9%), from €8,200 to €8,043
- Other operating charges +€84
up €84 (+6.7%), from €1,256 to €1,341
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 | €174,337 | €163,795 | -€10,542 | -6.0% |
| Fixed assets | 21/28 | €169,736 | €161,693 | -€8,043 | -4.7% |
| Tangible fixed assets | 22/27 | €169,486 | €161,443 | -€8,043 | -4.7% |
| Land and buildings | 22 | €32,272 | €30,825 | -€1,447 | -4.5% |
| Furniture and vehicles | 24 | €1,475 | €581 | -€894 | -60.6% |
| Other tangible fixed assets | 26 | €135,739 | €130,038 | -€5,702 | -4.2% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €4,600 | €2,101 | -€2,499 | -54.3% |
| Amounts receivable within one year | 40/41 | €850 | - | -€850 | |
| Trade receivables | 40 | €850 | - | -€850 | |
| Cash at bank and in hand | 54/58 | €3,750 | €2,101 | -€1,649 | -44.0% |
| Total equity and liabilities | 10/49 | €174,337 | €163,795 | -€10,542 | -6.0% |
| Equity | 10/15 | €5,981 | -€8,823 | -€14,805 | |
| Contributions | 10/11 | €58,600 | €58,600 | = | 0.0% |
| Reserves | 13 | €14,360 | €14,360 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,979 | -€81,783 | -€14,805 | -22.1% |
| Amounts payable | 17/49 | €168,355 | €172,618 | +€4,263 | +2.5% |
| Amounts payable after more than one year | 17 | €139,948 | €154,800 | +€14,852 | +10.6% |
| Financial debts | 170/4 | €139,948 | €154,800 | +€14,852 | +10.6% |
| Amounts payable within one year | 42/48 | €28,407 | €17,818 | -€10,589 | -37.3% |
| Current portion of amounts payable after more than one year | 42 | €24,551 | €14,848 | -€9,702 | -39.5% |
| Trade debts | 44 | €451 | €225 | -€226 | -50.2% |
| Suppliers | 440/4 | €451 | €225 | -€226 | -50.2% |
| Other amounts payable | 47/48 | €3,406 | €2,745 | -€660 | -19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,200 | €8,043 | -€157 | -1.9% |
| Other operating charges | 640/8 | €1,256 | €1,341 | +€84 | +6.7% |
| Gross operating margin | 9900 | -€2,555 | -€3,966 | -€1,410 | -55.2% |
| Operating profit (loss) | 9901 | -€12,012 | -€13,349 | -€1,337 | -11.1% |
| Financial income | 75/76B | €0 | €1 | +€1 | +236% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +236% |
| Financial charges | 65/66B | €2,564 | €1,456 | -€1,107 | -43.2% |
| Recurring financial charges | 65 | €2,564 | €1,456 | -€1,107 | -43.2% |
| Profit (loss) for the period before taxes | 9903 | -€14,576 | -€14,805 | -€229 | -1.6% |
| Profit (loss) for the period | 9904 | -€14,576 | -€14,805 | -€229 | -1.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,576 | -€14,805 | -€229 | -1.6% |
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 24 October 2026 via checked.be.