S.J. ADVOCAAT: 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.
S.J. ADVOCAAT
Largest movements
- Cash -€42,894
down €42,894 (-37.3%), from €115,038 to €72,145
mainly Contributions, distributions and other (-€55,000) and Tax, wage and social debts (-€10,175)
- Receivables within one year -€1,576
down €1,576 (-97.5%), from €1,616 to €40
- Profit (loss) carried forward -€41,046
down €41,046 (-95.0%), from €43,201 to €2,155
- Tax, wage and social debts -€10,175
down €10,175 (-32.3%), from €31,454 to €21,279
- Other debts +€6,750
up €6,750 (+16.9%), from €40,000 to €46,750
- Gross operating margin -€38,860
down €38,860 (-66.0%), from €58,881 to €20,021
- Taxes -€9,719
down €9,719 (-64.6%), from €15,053 to €5,335
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 | €116,655 | €72,185 | -€44,470 | -38.1% |
| Current assets | 29/58 | €116,655 | €72,185 | -€44,470 | -38.1% |
| Amounts receivable within one year | 40/41 | €1,616 | €40 | -€1,576 | -97.5% |
| Trade receivables | 40 | €1,616 | €40 | -€1,576 | -97.5% |
| Cash at bank and in hand | 54/58 | €115,038 | €72,145 | -€42,894 | -37.3% |
| Total equity and liabilities | 10/49 | €116,655 | €72,185 | -€44,470 | -38.1% |
| Equity | 10/15 | €45,201 | €4,155 | -€41,046 | -90.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,201 | €2,155 | -€41,046 | -95.0% |
| Amounts payable | 17/49 | €71,454 | €68,029 | -€3,425 | -4.8% |
| Amounts payable within one year | 42/48 | €71,454 | €68,029 | -€3,425 | -4.8% |
| Taxes, remuneration and social security | 45 | €31,454 | €21,279 | -€10,175 | -32.3% |
| Taxes | 450/3 | €31,454 | €21,279 | -€10,175 | -32.3% |
| Other amounts payable | 47/48 | €40,000 | €46,750 | +€6,750 | +16.9% |
| Other operating charges | 640/8 | €659 | €672 | +€12 | +1.9% |
| Gross operating margin | 9900 | €58,881 | €20,021 | -€38,860 | -66.0% |
| Operating profit (loss) | 9901 | €58,221 | €19,349 | -€38,872 | -66.8% |
| Financial charges | 65/66B | €59 | €60 | +€2 | +2.6% |
| Recurring financial charges | 65 | €59 | €60 | +€2 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €58,163 | €19,289 | -€38,874 | -66.8% |
| Income taxes | 67/77 | €15,053 | €5,335 | -€9,719 | -64.6% |
| Profit (loss) for the period | 9904 | €43,110 | €13,954 | -€29,155 | -67.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,110 | €13,954 | -€29,155 | -67.6% |
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 25 October 2026 via checked.be.