AVABEKE: 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.
AVABEKE
Largest movements
- Stocks and contracts -€437,958
down €437,958 (-29.2%), from €1.5m to €1.1m
- Cash -€193,074
down €193,074 (-99.4%), from €194,228 to €1,154
mainly Short-term financial debts (-€1.7m) and Receivables after one year (-€153,159)
- Receivables after one year +€153,159
up €153,159 (+39.0%), from €392,383 to €545,542
- Short-term financial debts -€1.7m
no longer reported in 2025 (was €1.7m)
- Debts after one year +€1.2m
new in 2025: €1.2m
- Reserves +€60,053
up €60,053 (+34.5%), from €174,305 to €234,358
- Tax, wage and social debts +€21,861
up €21,861 (+33.6%), from €65,061 to €86,922
- Gross operating margin -€289,342
down €289,342 (-70.8%), from €408,876 to €119,534
- Financial charges -€58,216
down €58,216 (-49.9%), from €116,676 to €58,460
- Taxes -€43,201
down €43,201 (-66.4%), from €65,061 to €21,861
- Financial income +€19,469
up €19,469 (+779.5%), from €2,498 to €21,967
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.
Cash bridge derived
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 | €2,083,938 | €1,606,066 | -€477,872 | -22.9% |
| Current assets | 29/58 | €2,083,938 | €1,606,066 | -€477,872 | -22.9% |
| Amounts receivable after more than one year | 29 | €392,383 | €545,542 | +€153,159 | +39.0% |
| Other amounts receivable | 291 | €392,383 | €545,542 | +€153,159 | +39.0% |
| Stocks and contracts in progress | 3 | €1,497,327 | €1,059,370 | -€437,958 | -29.2% |
| Stocks | 30/36 | €1,497,327 | €1,059,370 | -€437,958 | -29.2% |
| Cash at bank and in hand | 54/58 | €194,228 | €1,154 | -€193,074 | -99.4% |
| Total equity and liabilities | 10/49 | €2,083,938 | €1,606,066 | -€477,872 | -22.9% |
| Equity | 10/15 | €294,305 | €354,358 | +€60,053 | +20.4% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €174,305 | €234,358 | +€60,053 | +34.5% |
| Distributable reserves | 133 | €174,305 | €234,358 | +€60,053 | +34.5% |
| Amounts payable | 17/49 | €1,789,634 | €1,251,708 | -€537,926 | -30.1% |
| Amounts payable after more than one year | 17 | - | €1,164,658 | +€1.2m | |
| Financial debts | 170/4 | - | €1,164,658 | +€1.2m | |
| Amounts payable within one year | 42/48 | €1,782,292 | €87,050 | -€1.7m | -95.1% |
| Financial debts | 43 | €1,717,105 | - | -€1.7m | |
| Credit institutions | 430/8 | €1,717,105 | - | -€1.7m | |
| Trade debts | 44 | €126 | €128 | +€2 | +1.6% |
| Suppliers | 440/4 | €126 | €128 | +€2 | +1.6% |
| Taxes, remuneration and social security | 45 | €65,061 | €86,922 | +€21,861 | +33.6% |
| Taxes | 450/3 | €65,061 | €86,922 | +€21,861 | +33.6% |
| Accrued charges and deferred income | 492/3 | €7,341 | - | -€7,341 | |
| Other operating charges | 640/8 | €1,496 | €1,126 | -€369 | -24.7% |
| Gross operating margin | 9900 | €408,876 | €119,534 | -€289,342 | -70.8% |
| Operating profit (loss) | 9901 | €407,380 | €118,408 | -€288,973 | -70.9% |
| Financial income | 75/76B | €2,498 | €21,967 | +€19,469 | +779.5% |
| Recurring financial income | 75 | €2,498 | €21,967 | +€19,469 | +779.5% |
| Financial charges | 65/66B | €116,676 | €58,460 | -€58,216 | -49.9% |
| Recurring financial charges | 65 | €116,676 | €58,460 | -€58,216 | -49.9% |
| Profit (loss) for the period before taxes | 9903 | €293,202 | €81,914 | -€211,288 | -72.1% |
| Income taxes | 67/77 | €65,061 | €21,861 | -€43,201 | -66.4% |
| Profit (loss) for the period | 9904 | €228,141 | €60,053 | -€168,087 | -73.7% |
| Profit (loss) for the period to be appropriated | 9905 | €228,141 | €60,053 | -€168,087 | -73.7% |
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 10 October 2026 via checked.be.