HOW TO ADVISORY: 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.
HOW TO ADVISORY
Largest movements
- Cash -€18,103
down €18,103 (-11.3%), from €160,171 to €142,067
mainly Net result for the year (-€20,344) and Other debts (-€1,024)
- Tangible fixed assets -€3,026
down €3,026 (-18.4%), from €16,430 to €13,404
of which Furniture and vehicles: -€3,026
- Profit (loss) carried forward -€20,344
down €20,344 (-22.2%), from -€91,704 to -€112,048
- Gross operating margin +€22,534
up €22,534 (+59.1%), from -€38,124 to -€15,590
- Financial charges +€5,088
up €5,088, from -€3,913 to €1,175
- Depreciation +€1,151
up €1,151 (+61.4%), from €1,875 to €3,026
- Taxes -€870
down €870, from €770 to -€100
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 | €214,433 | €193,058 | -€21,375 | -10.0% |
| Fixed assets | 21/28 | €16,480 | €13,454 | -€3,026 | -18.4% |
| Tangible fixed assets | 22/27 | €16,430 | €13,404 | -€3,026 | -18.4% |
| Furniture and vehicles | 24 | €14,145 | €11,119 | -€3,026 | -21.4% |
| Other tangible fixed assets | 26 | €2,285 | €2,285 | = | 0.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €197,954 | €179,604 | -€18,349 | -9.3% |
| Amounts receivable within one year | 40/41 | €320 | €1,122 | +€803 | +251% |
| Trade receivables | 40 | €38 | €940 | +€902 | +2,396% |
| Other amounts receivable | 41 | €282 | €182 | -€100 | -35.4% |
| Current investments | 50/53 | €36,664 | €35,554 | -€1,110 | -3.0% |
| Cash at bank and in hand | 54/58 | €160,171 | €142,067 | -€18,103 | -11.3% |
| Deferred charges and accrued income | 490/1 | €799 | €860 | +€61 | +7.7% |
| Total equity and liabilities | 10/49 | €214,433 | €193,058 | -€21,375 | -10.0% |
| Equity | 10/15 | €208,473 | €188,129 | -€20,344 | -9.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €281,627 | €281,627 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €281,627 | €281,627 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,704 | -€112,048 | -€20,344 | -22.2% |
| Amounts payable | 17/49 | €5,961 | €4,930 | -€1,031 | -17.3% |
| Amounts payable within one year | 42/48 | €5,961 | €4,930 | -€1,031 | -17.3% |
| Financial debts | 43 | €77 | €0 | -€77 | -100% |
| Credit institutions | 430/8 | €77 | €0 | -€77 | -100% |
| Trade debts | 44 | €3,833 | €4,270 | +€437 | +11.4% |
| Suppliers | 440/4 | €3,833 | €4,270 | +€437 | +11.4% |
| Taxes, remuneration and social security | 45 | €367 | €0 | -€367 | -100% |
| Taxes | 450/3 | €367 | €0 | -€367 | -100% |
| Other amounts payable | 47/48 | €1,684 | €660 | -€1,024 | -60.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,875 | €3,026 | +€1,151 | +61.4% |
| Other operating charges | 640/8 | €2,218 | €2,349 | +€131 | +5.9% |
| Gross operating margin | 9900 | -€38,124 | -€15,590 | +€22,534 | +59.1% |
| Operating profit (loss) | 9901 | -€42,217 | -€20,964 | +€21,252 | +50.3% |
| Financial income | 75/76B | €1,344 | €1,695 | +€351 | +26.1% |
| Recurring financial income | 75 | €1,344 | €1,695 | +€351 | +26.1% |
| Financial charges | 65/66B | -€3,913 | €1,175 | +€5,088 | |
| Recurring financial charges | 65 | -€3,913 | €1,175 | +€5,088 | |
| Profit (loss) for the period before taxes | 9903 | -€36,960 | -€20,444 | +€16,515 | +44.7% |
| Income taxes | 67/77 | €770 | -€100 | -€870 | |
| Profit (loss) for the period | 9904 | -€37,730 | -€20,344 | +€17,385 | +46.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,730 | -€20,344 | +€17,385 | +46.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.