HK-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.
HK-ADVIES
Largest movements
- Cash +€47,467
up €47,467 (+105%), from €45,128 to €92,595
mainly Other debts (+€17,086) and Tax, wage and social debts (+€14,998)
- Tangible fixed assets -€14,675
down €14,675 (-28.7%), from €51,153 to €36,478
of which Furniture and vehicles: -€12,091
- Receivables within one year +€10,038
up €10,038 (+117%), from €8,596 to €18,634
of which Trade receivables: +€18,450
- Deferred charges and accrued income +€2,805
new in 2025: €2,805
- Other debts +€17,086
up €17,086 (+16.7%), from €102,087 to €119,173
- Tax, wage and social debts +€14,998
new in 2025: €14,998
- Profit (loss) carried forward +€7,529
up €7,529, from -€7,529 to €0
- Reserves +€5,487
new in 2025: €5,487
- Gross operating margin +€44,357
up €44,357, from -€6,256 to €38,101
- Depreciation +€14,216
up €14,216 (+2,152%), from €661 to €14,877
- Taxes +€6,424
new in 2025: €6,424
- Other operating charges +€2,492
up €2,492 (+448%), from €557 to €3,049
- Staff costs +€650
new in 2025: €650
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 | €105,681 | €151,115 | +€45,434 | +43.0% |
| Formation expenses | 20 | €805 | €603 | -€202 | -25.1% |
| Fixed assets | 21/28 | €51,153 | €36,478 | -€14,675 | -28.7% |
| Tangible fixed assets | 22/27 | €51,153 | €36,478 | -€14,675 | -28.7% |
| Plant, machinery and equipment | 23 | €7,671 | €5,087 | -€2,584 | -33.7% |
| Furniture and vehicles | 24 | €43,482 | €31,391 | -€12,091 | -27.8% |
| Current assets | 29/58 | €53,723 | €114,034 | +€60,311 | +112% |
| Amounts receivable within one year | 40/41 | €8,596 | €18,634 | +€10,038 | +117% |
| Trade receivables | 40 | €184 | €18,634 | +€18,450 | +10,019% |
| Other amounts receivable | 41 | €8,411 | €0 | -€8,411 | -100% |
| Cash at bank and in hand | 54/58 | €45,128 | €92,595 | +€47,467 | +105% |
| Deferred charges and accrued income | 490/1 | - | €2,805 | +€2,805 | |
| Total equity and liabilities | 10/49 | €105,681 | €151,115 | +€45,434 | +43.0% |
| Equity | 10/15 | €2,471 | €15,487 | +€13,016 | +527% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | - | €5,487 | +€5,487 | |
| Distributable reserves | 133 | - | €5,487 | +€5,487 | |
| Profit (loss) carried forward | 14 | -€7,529 | €0 | +€7,529 | |
| Amounts payable | 17/49 | €103,210 | €135,628 | +€32,418 | +31.4% |
| Amounts payable within one year | 42/48 | €103,210 | €135,628 | +€32,418 | +31.4% |
| Trade debts | 44 | €1,123 | €1,457 | +€333 | +29.7% |
| Suppliers | 440/4 | €1,123 | €1,457 | +€333 | +29.7% |
| Taxes, remuneration and social security | 45 | - | €14,998 | +€14,998 | |
| Taxes | 450/3 | - | €14,998 | +€14,998 | |
| Other amounts payable | 47/48 | €102,087 | €119,173 | +€17,086 | +16.7% |
| Remuneration, social security and pensions | 62 | - | €650 | +€650 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €661 | €14,877 | +€14,216 | +2,152% |
| Other operating charges | 640/8 | €557 | €3,049 | +€2,492 | +448% |
| Gross operating margin | 9900 | -€6,256 | €38,101 | +€44,357 | |
| Operating profit (loss) | 9901 | -€7,473 | €19,526 | +€26,999 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €54 | €86 | +€32 | +58.9% |
| Recurring financial charges | 65 | €54 | €86 | +€32 | +58.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,528 | €19,440 | +€26,967 | |
| Income taxes | 67/77 | - | €6,424 | +€6,424 | |
| Profit (loss) for the period | 9904 | -€7,528 | €13,016 | +€20,544 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,528 | €13,016 | +€20,544 |
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 28 October 2026 via checked.be.