AREVENTS: 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.
AREVENTS
Largest movements
- Current investments +€800,000
new in 2025: €800,000
- Financial fixed assets +€624,015
up €624,015 (+42.8%), from €1.5m to €2.1m
- Cash -€385,024
down €385,024 (-73.3%), from €525,239 to €140,214
mainly Debts after one year (-€1.0m) and Current investments (-€800,000)
- Receivables within one year -€359,892
down €359,892 (-96.1%), from €374,617 to €14,725
of which Trade receivables: -€190,901
- Reserves +€1.7m
up €1.7m (+127%), from €1.3m to €3.0m
- Debts after one year -€1.0m
down €1.0m (-82.6%), from €1.2m to €217,094
of which Other amounts payable: -€1.0m
- Other debts +€93,312
up €93,312 (+698%), from €13,359 to €106,672
- Financial income +€1.6m
up €1.6m (+936%), from €168,991 to €1.8m
- Gross operating margin -€127,006
down €127,006 (-56.2%), from €225,941 to €98,935
- Taxes -€31,598
down €31,598 (-44.7%), from €70,632 to €39,034
- Depreciation +€10,181
up €10,181 (+32.0%), from €31,839 to €42,020
- Financial charges -€8,269
down €8,269 (-32.0%), from €25,843 to €17,574
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 | €2,734,166 | €3,413,529 | +€679,363 | +24.8% |
| Fixed assets | 21/28 | €1,825,596 | €2,438,359 | +€612,764 | +33.6% |
| Tangible fixed assets | 22/27 | €367,549 | €356,297 | -€11,251 | -3.1% |
| Land and buildings | 22 | €304,275 | €309,874 | +€5,599 | +1.8% |
| Plant, machinery and equipment | 23 | €2,442 | €1,341 | -€1,101 | -45.1% |
| Furniture and vehicles | 24 | €34,461 | €28,827 | -€5,634 | -16.3% |
| Leasing and similar rights | 25 | €26,371 | €16,255 | -€10,116 | -38.4% |
| Financial fixed assets | 28 | €1,458,047 | €2,082,062 | +€624,015 | +42.8% |
| Current assets | 29/58 | €908,570 | €975,170 | +€66,599 | +7.3% |
| Stocks and contracts in progress | 3 | €1,230 | €600 | -€630 | -51.2% |
| Stocks | 30/36 | €1,230 | €600 | -€630 | -51.2% |
| Amounts receivable within one year | 40/41 | €374,617 | €14,725 | -€359,892 | -96.1% |
| Trade receivables | 40 | €205,626 | €14,725 | -€190,901 | -92.8% |
| Other amounts receivable | 41 | €168,991 | - | -€168,991 | |
| Current investments | 50/53 | - | €800,000 | +€800,000 | |
| Cash at bank and in hand | 54/58 | €525,239 | €140,214 | -€385,024 | -73.3% |
| Deferred charges and accrued income | 490/1 | €7,485 | €19,630 | +€12,145 | +162% |
| Total equity and liabilities | 10/49 | €2,734,166 | €3,413,529 | +€679,363 | +24.8% |
| Equity | 10/15 | €1,313,612 | €2,969,965 | +€1.7m | +126% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,307,412 | €2,963,765 | +€1.7m | +127% |
| Distributable reserves | 133 | €1,307,412 | €2,963,765 | +€1.7m | +127% |
| Amounts payable | 17/49 | €1,420,554 | €443,564 | -€976,990 | -68.8% |
| Amounts payable after more than one year | 17 | €1,244,272 | €217,094 | -€1.0m | -82.6% |
| Financial debts | 170/4 | €78,617 | €56,957 | -€21,660 | -27.6% |
| Other amounts payable | 178/9 | €1,165,655 | €160,137 | -€1.0m | -86.3% |
| Amounts payable within one year | 42/48 | €154,665 | €226,470 | +€71,805 | +46.4% |
| Current portion of amounts payable after more than one year | 42 | €21,224 | €21,660 | +€436 | +2.1% |
| Trade debts | 44 | €10,597 | €2,207 | -€8,390 | -79.2% |
| Suppliers | 440/4 | €10,597 | €2,207 | -€8,390 | -79.2% |
| Taxes, remuneration and social security | 45 | €109,485 | €95,931 | -€13,553 | -12.4% |
| Taxes | 450/3 | €107,735 | €93,981 | -€13,753 | -12.8% |
| Remuneration and social security | 454/9 | €1,750 | €1,950 | +€200 | +11.4% |
| Other amounts payable | 47/48 | €13,359 | €106,672 | +€93,312 | +698% |
| Accrued charges and deferred income | 492/3 | €21,617 | - | -€21,617 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,839 | €42,020 | +€10,181 | +32.0% |
| Other operating charges | 640/8 | €2,546 | €2,102 | -€444 | -17.4% |
| Gross operating margin | 9900 | €225,941 | €98,935 | -€127,006 | -56.2% |
| Operating profit (loss) | 9901 | €191,556 | €54,813 | -€136,743 | -71.4% |
| Financial income | 75/76B | €168,991 | €1,750,149 | +€1.6m | +936% |
| Recurring financial income | 75 | €168,991 | €1,750,149 | +€1.6m | +936% |
| Financial charges | 65/66B | €25,843 | €17,574 | -€8,269 | -32.0% |
| Recurring financial charges | 65 | €25,843 | €17,574 | -€8,269 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | €334,704 | €1,787,387 | +€1.5m | +434% |
| Income taxes | 67/77 | €70,632 | €39,034 | -€31,598 | -44.7% |
| Profit (loss) for the period | 9904 | €264,072 | €1,748,353 | +€1.5m | +562% |
| Profit (loss) for the period to be appropriated | 9905 | €264,072 | €1,748,353 | +€1.5m | +562% |
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 15 October 2026 via checked.be.