ADVYCON: 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.
ADVYCON
Largest movements
- Cash +€155,357
up €155,357 (+111%), from €139,677 to €295,034
mainly Net result for the year (+€125,236) and Tax, wage and social debts (+€40,620)
- Receivables within one year +€21,877
up €21,877 (+155%), from €14,122 to €35,999
of which Trade receivables: +€17,938
- Deferred charges and accrued income -€10,811
no longer reported in 2025 (was €10,811)
- Tangible fixed assets -€7,487
down €7,487 (-19.1%), from €39,235 to €31,747
of which Leasing and similar rights: -€8,595
- Profit (loss) carried forward +€125,236
up €125,236 (+97.9%), from €127,962 to €253,198
- Tax, wage and social debts +€40,620
up €40,620 (+98.3%), from €41,307 to €81,927
- Current portion of long-term debt -€7,757
down €7,757 (-23.0%), from €33,760 to €26,003
- Gross operating margin +€7,794
up €7,794 (+4.5%), from €172,727 to €180,521
- Taxes +€3,690
up €3,690 (+9.8%), from €37,752 to €41,442
- Depreciation +€2,521
up €2,521 (+32.2%), from €7,839 to €10,360
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 | €203,940 | €362,875 | +€158,935 | +77.9% |
| Fixed assets | 21/28 | €39,330 | €31,843 | -€7,487 | -19.0% |
| Tangible fixed assets | 22/27 | €39,235 | €31,747 | -€7,487 | -19.1% |
| Furniture and vehicles | 24 | €3,493 | €4,600 | +€1,108 | +31.7% |
| Leasing and similar rights | 25 | €35,742 | €27,147 | -€8,595 | -24.0% |
| Financial fixed assets | 28 | €95 | €95 | = | 0.0% |
| Current assets | 29/58 | €164,610 | €331,033 | +€166,423 | +101% |
| Amounts receivable within one year | 40/41 | €14,122 | €35,999 | +€21,877 | +155% |
| Trade receivables | 40 | €14,122 | €32,060 | +€17,938 | +127% |
| Other amounts receivable | 41 | - | €3,939 | +€3,939 | |
| Cash at bank and in hand | 54/58 | €139,677 | €295,034 | +€155,357 | +111% |
| Deferred charges and accrued income | 490/1 | €10,811 | - | -€10,811 | |
| Total equity and liabilities | 10/49 | €203,940 | €362,875 | +€158,935 | +77.9% |
| Equity | 10/15 | €128,462 | €253,698 | +€125,236 | +97.5% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €127,962 | €253,198 | +€125,236 | +97.9% |
| Amounts payable | 17/49 | €75,479 | €109,178 | +€33,699 | +44.6% |
| Amounts payable within one year | 42/48 | €75,229 | €108,678 | +€33,449 | +44.5% |
| Current portion of amounts payable after more than one year | 42 | €33,760 | €26,003 | -€7,757 | -23.0% |
| Trade debts | 44 | €143 | €747 | +€604 | +422% |
| Suppliers | 440/4 | €143 | €747 | +€604 | +422% |
| Taxes, remuneration and social security | 45 | €41,307 | €81,927 | +€40,620 | +98.3% |
| Taxes | 450/3 | €41,307 | €81,927 | +€40,620 | +98.3% |
| Other amounts payable | 47/48 | €18 | - | -€18 | |
| Accrued charges and deferred income | 492/3 | €250 | €500 | +€250 | +100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,839 | €10,360 | +€2,521 | +32.2% |
| Other operating charges | 640/8 | €2,638 | €1,092 | -€1,546 | -58.6% |
| Gross operating margin | 9900 | €172,727 | €180,521 | +€7,794 | +4.5% |
| Operating profit (loss) | 9901 | €162,250 | €169,069 | +€6,819 | +4.2% |
| Financial income | 75/76B | €2 | €1 | -€1 | -68.8% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -68.8% |
| Financial charges | 65/66B | €2,472 | €2,391 | -€80 | -3.3% |
| Recurring financial charges | 65 | €2,472 | €2,391 | -€80 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €159,780 | €166,678 | +€6,898 | +4.3% |
| Income taxes | 67/77 | €37,752 | €41,442 | +€3,690 | +9.8% |
| Profit (loss) for the period | 9904 | €122,028 | €125,236 | +€3,208 | +2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €122,028 | €125,236 | +€3,208 | +2.6% |
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 17 October 2026 via checked.be.