My ADVISOR: 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.
My ADVISOR
Largest movements
- Receivables within one year +€78,646
up €78,646 (+354.9%), from €22,161 to €100,808
of which Trade receivables: +€76,457
- Deferred charges and accrued income +€6,358
up €6,358 (+142.5%), from €4,463 to €10,821
- Trade debts +€113,134
up €113,134 (+375.0%), from €30,171 to €143,305
- Other debts -€44,652
down €44,652 (-21.0%), from €212,994 to €168,341
- Profit (loss) carried forward +€13,520
up €13,520 (+6.2%), from -€217,387 to -€203,866
- Gross operating margin +€86,142
up €86,142, from -€59,004 to €27,138
- Staff costs +€6,908
no longer reported in 2025 (was -€6,908)
- Other operating charges -€2,153
down €2,153 (-67.6%), from €3,187 to €1,034
- Depreciation +€593
up €593 (+13.2%), from €4,488 to €5,080
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.
Cash bridge derived
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 | €128,261 | €211,821 | +€83,560 | +65.1% |
| Fixed assets | 21/28 | €27,217 | €25,259 | -€1,958 | -7.2% |
| Tangible fixed assets | 22/27 | €27,217 | €25,259 | -€1,958 | -7.2% |
| Plant, machinery and equipment | 23 | €3,513 | €2,967 | -€547 | -15.6% |
| Furniture and vehicles | 24 | - | €1,645 | +€1,645 | |
| Other tangible fixed assets | 26 | €23,704 | €20,647 | -€3,057 | -12.9% |
| Current assets | 29/58 | €101,044 | €186,562 | +€85,518 | +84.6% |
| Stocks and contracts in progress | 3 | €73,884 | €73,884 | = | 0.0% |
| Stocks | 30/36 | €21,353 | €21,353 | = | 0.0% |
| Contracts in progress | 37 | €52,531 | €52,531 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €22,161 | €100,808 | +€78,646 | +354.9% |
| Trade receivables | 40 | €18,577 | €95,034 | +€76,457 | +411.6% |
| Other amounts receivable | 41 | €3,584 | €5,774 | +€2,190 | +61.1% |
| Cash at bank and in hand | 54/58 | €536 | €1,049 | +€513 | +95.8% |
| Deferred charges and accrued income | 490/1 | €4,463 | €10,821 | +€6,358 | +142.5% |
| Total equity and liabilities | 10/49 | €128,261 | €211,821 | +€83,560 | +65.1% |
| Equity | 10/15 | -€117,077 | -€103,556 | +€13,520 | +11.5% |
| Contributions | 10/11 | €100,310 | €100,310 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€217,387 | -€203,866 | +€13,520 | +6.2% |
| Amounts payable | 17/49 | €245,338 | €315,377 | +€70,040 | +28.5% |
| Amounts payable within one year | 42/48 | €243,165 | €311,646 | +€68,481 | +28.2% |
| Trade debts | 44 | €30,171 | €143,305 | +€113,134 | +375.0% |
| Suppliers | 440/4 | €30,171 | €143,305 | +€113,134 | +375.0% |
| Other amounts payable | 47/48 | €212,994 | €168,341 | -€44,652 | -21.0% |
| Accrued charges and deferred income | 492/3 | €2,173 | €3,731 | +€1,558 | +71.7% |
| Remuneration, social security and pensions | 62 | -€6,908 | - | +€6,908 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,488 | €5,080 | +€593 | +13.2% |
| Other operating charges | 640/8 | €3,187 | €1,034 | -€2,153 | -67.6% |
| Non-recurring operating charges | 66A | €3,499 | - | -€3,499 | |
| Gross operating margin | 9900 | -€59,004 | €27,138 | +€86,142 | |
| Operating profit (loss) | 9901 | -€63,269 | €21,024 | +€84,294 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €7,330 | €7,504 | +€175 | +2.4% |
| Recurring financial charges | 65 | €7,330 | €7,504 | +€175 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | -€70,599 | €13,520 | +€84,119 | |
| Profit (loss) for the period | 9904 | -€70,599 | €13,520 | +€84,119 | |
| Profit (loss) for the period to be appropriated | 9905 | -€70,599 | €13,520 | +€84,119 |
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 12 October 2026 via checked.be.