V2 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.
V2 ADVIES
Largest movements
- Current investments -€7,000
down €7,000 (-53.8%), from €13,000 to €6,000
- Cash -€2,858
down €2,858 (-79.0%), from €3,617 to €759
mainly Tax, wage and social debts (-€10,411) and Investment in fixed assets (net) (-€2,564)
- Deferred charges and accrued income -€1,350
no longer reported in 2025 (was €1,350)
- Tax, wage and social debts -€10,411
down €10,411 (-98.0%), from €10,628 to €217
- Profit (loss) carried forward -€1,943
down €1,943 (-17.6%), from €11,035 to €9,092
- Other debts +€1,065
up €1,065 (+36.5%), from €2,921 to €3,986
- Gross operating margin -€19,190
down €19,190 (-94.7%), from €20,256 to €1,066
- Taxes -€1,072
down €1,072 (-83.1%), from €1,290 to €217
- Depreciation +€1,026
up €1,026 (+74.5%), from €1,377 to €2,403
- Financial charges -€396
down €396 (-70.8%), from €559 to €164
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 | €26,584 | €15,295 | -€11,289 | -42.5% |
| Fixed assets | 21/28 | €5,308 | €5,469 | +€161 | +3.0% |
| Tangible fixed assets | 22/27 | €5,308 | €5,469 | +€161 | +3.0% |
| Land and buildings | 22 | €418 | €285 | -€133 | -31.8% |
| Plant, machinery and equipment | 23 | €4,889 | €4,200 | -€690 | -14.1% |
| Furniture and vehicles | 24 | - | €984 | +€984 | |
| Current assets | 29/58 | €21,277 | €9,826 | -€11,451 | -53.8% |
| Amounts receivable within one year | 40/41 | €3,310 | €3,067 | -€243 | -7.3% |
| Trade receivables | 40 | €3,310 | €1,034 | -€2,276 | -68.8% |
| Other amounts receivable | 41 | - | €2,034 | +€2,034 | |
| Current investments | 50/53 | €13,000 | €6,000 | -€7,000 | -53.8% |
| Cash at bank and in hand | 54/58 | €3,617 | €759 | -€2,858 | -79.0% |
| Deferred charges and accrued income | 490/1 | €1,350 | - | -€1,350 | |
| Total equity and liabilities | 10/49 | €26,584 | €15,295 | -€11,289 | -42.5% |
| Equity | 10/15 | €13,035 | €11,092 | -€1,943 | -14.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,035 | €9,092 | -€1,943 | -17.6% |
| Amounts payable | 17/49 | €13,549 | €4,204 | -€9,346 | -69.0% |
| Amounts payable within one year | 42/48 | €13,549 | €4,204 | -€9,346 | -69.0% |
| Taxes, remuneration and social security | 45 | €10,628 | €217 | -€10,411 | -98.0% |
| Taxes | 450/3 | €10,628 | €217 | -€10,411 | -98.0% |
| Other amounts payable | 47/48 | €2,921 | €3,986 | +€1,065 | +36.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,377 | €2,403 | +€1,026 | +74.5% |
| Other operating charges | 640/8 | €159 | €226 | +€67 | +41.9% |
| Gross operating margin | 9900 | €20,256 | €1,066 | -€19,190 | -94.7% |
| Operating profit (loss) | 9901 | €18,720 | -€1,563 | -€20,283 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €559 | €164 | -€396 | -70.8% |
| Recurring financial charges | 65 | €559 | €164 | -€396 | -70.8% |
| Profit (loss) for the period before taxes | 9903 | €18,161 | -€1,726 | -€19,887 | |
| Income taxes | 67/77 | €1,290 | €217 | -€1,072 | -83.1% |
| Profit (loss) for the period | 9904 | €16,871 | -€1,943 | -€18,815 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,871 | -€1,943 | -€18,815 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.