Wouter De Vos - 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.
Wouter De Vos - Advocaat
Largest movements
- Cash -€9,101
down €9,101 (-60.9%), from €14,953 to €5,852
mainly Investment in fixed assets (net) (-€10,846) and Receivables within one year (-€695)
- Tangible fixed assets +€8,624
up €8,624 (+72.3%), from €11,924 to €20,548
of which Other tangible fixed assets: +€8,624
- Receivables within one year +€695
up €695 (+38.8%), from €1,793 to €2,488
of which Other amounts receivable: +€2,488
- Deferred charges and accrued income -€364
down €364 (-11.8%), from €3,093 to €2,728
- Trade debts -€622
down €622 (-45.2%), from €1,376 to €754
- Profit (loss) carried forward +€467
up €467 (+2.0%), from €23,731 to €24,198
- Tax, wage and social debts +€394
up €394 (+7.5%), from €5,269 to €5,663
- Short-term financial debts -€353
down €353 (-100%), from €353 to €0
- Gross operating margin -€12,012
down €12,012 (-68.6%), from €17,502 to €5,490
- Depreciation +€1,996
up €1,996 (+882%), from €226 to €2,222
- Taxes -€1,206
down €1,206 (-50.5%), from €2,387 to €1,182
- Financial charges +€482
up €482 (+45.0%), from €1,072 to €1,554
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 | €31,762 | €31,616 | -€146 | -0.5% |
| Fixed assets | 21/28 | €11,924 | €20,548 | +€8,624 | +72.3% |
| Tangible fixed assets | 22/27 | €11,924 | €20,548 | +€8,624 | +72.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €11,924 | €20,548 | +€8,624 | +72.3% |
| Current assets | 29/58 | €19,838 | €11,068 | -€8,770 | -44.2% |
| Amounts receivable within one year | 40/41 | €1,793 | €2,488 | +€695 | +38.8% |
| Trade receivables | 40 | €1,793 | €0 | -€1,793 | -100% |
| Other amounts receivable | 41 | - | €2,488 | +€2,488 | |
| Cash at bank and in hand | 54/58 | €14,953 | €5,852 | -€9,101 | -60.9% |
| Deferred charges and accrued income | 490/1 | €3,093 | €2,728 | -€364 | -11.8% |
| Total equity and liabilities | 10/49 | €31,762 | €31,616 | -€146 | -0.5% |
| Equity | 10/15 | €24,731 | €25,198 | +€467 | +1.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,731 | €24,198 | +€467 | +2.0% |
| Amounts payable | 17/49 | €7,032 | €6,418 | -€614 | -8.7% |
| Amounts payable within one year | 42/48 | €7,032 | €6,418 | -€614 | -8.7% |
| Financial debts | 43 | €353 | €0 | -€353 | -100% |
| Credit institutions | 430/8 | €353 | €0 | -€353 | -100% |
| Trade debts | 44 | €1,376 | €754 | -€622 | -45.2% |
| Suppliers | 440/4 | €1,376 | €754 | -€622 | -45.2% |
| Taxes, remuneration and social security | 45 | €5,269 | €5,663 | +€394 | +7.5% |
| Taxes | 450/3 | €5,269 | €5,663 | +€394 | +7.5% |
| Other amounts payable | 47/48 | €34 | €0 | -€34 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €226 | €2,222 | +€1,996 | +882% |
| Other operating charges | 640/8 | €202 | €70 | -€132 | -65.3% |
| Non-recurring operating charges | 66A | €7,663 | €0 | -€7,663 | -100% |
| Gross operating margin | 9900 | €17,502 | €5,490 | -€12,012 | -68.6% |
| Operating profit (loss) | 9901 | €9,411 | €3,198 | -€6,213 | -66.0% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €1,072 | €1,554 | +€482 | +45.0% |
| Recurring financial charges | 65 | €1,072 | €1,554 | +€482 | +45.0% |
| Profit (loss) for the period before taxes | 9903 | €8,339 | €1,649 | -€6,690 | -80.2% |
| Income taxes | 67/77 | €2,387 | €1,182 | -€1,206 | -50.5% |
| Profit (loss) for the period | 9904 | €5,952 | €467 | -€5,484 | -92.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,952 | €467 | -€5,484 | -92.1% |
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 25 October 2026 via checked.be.