M.Advice: 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.
M.Advice
Largest movements
- Cash +€11,414
up €11,414 (+342%), from €3,335 to €14,749
mainly Net result for the year (+€10,314) and Depreciation (+€6,653)
- Tangible fixed assets -€3,429
down €3,429 (-25.3%), from €13,571 to €10,141
of which Furniture and vehicles: -€2,777
- Receivables within one year +€912
up €912 (+2.8%), from €32,755 to €33,667
of which Other amounts receivable: +€6,167
- Profit (loss) carried forward +€8,687
up €8,687 (+34.8%), from €24,963 to €33,651
- Tax, wage and social debts +€2,217
up €2,217 (+24.5%), from €9,033 to €11,250
- Other debts -€1,380
down €1,380 (-100%), from €1,380 to €0
- Trade debts -€841
down €841 (-8.8%), from €9,603 to €8,762
- Gross operating margin -€27,168
down €27,168 (-56.0%), from €48,475 to €21,307
- Taxes -€5,681
down €5,681 (-59.0%), from €9,625 to €3,944
- Other operating charges -€857
down €857 (-70.7%), from €1,213 to €356
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 | €56,161 | €64,775 | +€8,614 | +15.3% |
| Fixed assets | 21/28 | €15,731 | €12,301 | -€3,429 | -21.8% |
| Tangible fixed assets | 22/27 | €13,571 | €10,141 | -€3,429 | -25.3% |
| Plant, machinery and equipment | 23 | €1,824 | €1,171 | -€652 | -35.8% |
| Furniture and vehicles | 24 | €11,747 | €8,970 | -€2,777 | -23.6% |
| Financial fixed assets | 28 | €2,160 | €2,160 | = | 0.0% |
| Current assets | 29/58 | €40,430 | €52,473 | +€12,043 | +29.8% |
| Amounts receivable within one year | 40/41 | €32,755 | €33,667 | +€912 | +2.8% |
| Trade receivables | 40 | €23,824 | €18,569 | -€5,255 | -22.1% |
| Other amounts receivable | 41 | €8,931 | €15,098 | +€6,167 | +69.1% |
| Cash at bank and in hand | 54/58 | €3,335 | €14,749 | +€11,414 | +342% |
| Deferred charges and accrued income | 490/1 | €4,341 | €4,057 | -€284 | -6.5% |
| Total equity and liabilities | 10/49 | €56,161 | €64,775 | +€8,614 | +15.3% |
| Equity | 10/15 | €35,302 | €43,989 | +€8,687 | +24.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €9,339 | €9,339 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €9,339 | €9,339 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,963 | €33,651 | +€8,687 | +34.8% |
| Amounts payable | 17/49 | €20,859 | €20,786 | -€73 | -0.4% |
| Amounts payable within one year | 42/48 | €20,091 | €20,018 | -€73 | -0.4% |
| Financial debts | 43 | €74 | €5 | -€69 | -92.8% |
| Credit institutions | 430/8 | €74 | €5 | -€69 | -92.8% |
| Trade debts | 44 | €9,603 | €8,762 | -€841 | -8.8% |
| Suppliers | 440/4 | €9,603 | €8,762 | -€841 | -8.8% |
| Taxes, remuneration and social security | 45 | €9,033 | €11,250 | +€2,217 | +24.5% |
| Taxes | 450/3 | €9,033 | €11,250 | +€2,217 | +24.5% |
| Other amounts payable | 47/48 | €1,380 | €0 | -€1,380 | -100% |
| Accrued charges and deferred income | 492/3 | €768 | €768 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €86 | +€86 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,301 | €6,653 | +€352 | +5.6% |
| Other operating charges | 640/8 | €1,213 | €356 | -€857 | -70.7% |
| Gross operating margin | 9900 | €48,475 | €21,307 | -€27,168 | -56.0% |
| Operating profit (loss) | 9901 | €40,961 | €14,213 | -€26,748 | -65.3% |
| Financial income | 75/76B | €41 | €167 | +€126 | +308% |
| Recurring financial income | 75 | €41 | €167 | +€126 | +308% |
| Financial charges | 65/66B | €226 | €122 | -€105 | -46.2% |
| Recurring financial charges | 65 | €226 | €122 | -€105 | -46.2% |
| Profit (loss) for the period before taxes | 9903 | €40,775 | €14,258 | -€26,518 | -65.0% |
| Income taxes | 67/77 | €9,625 | €3,944 | -€5,681 | -59.0% |
| Profit (loss) for the period | 9904 | €31,150 | €10,314 | -€20,836 | -66.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,150 | €10,314 | -€20,836 | -66.9% |
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 13 October 2026 via checked.be.