AVAERIS: 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.
AVAERIS
Largest movements
- Cash +€208,326
up €208,326 (+769%), from €27,107 to €235,433
mainly Net result for the year (+€256,262) and Tax, wage and social debts (+€83,037)
- Deferred charges and accrued income +€126,274
up €126,274 (+11,867%), from €1,064 to €127,338
- Receivables within one year +€6,299
new in 2025: €6,299
- Formation expenses -€4,150
down €4,150 (-100%), from €4,150 to €0
- Reserves +€256,262
up €256,262 (+1,417%), from €18,086 to €274,348
- Tax, wage and social debts +€83,037
up €83,037 (+734%), from €11,307 to €94,344
- Gross operating margin +€319,160
up €319,160 (+1,357%), from €23,516 to €342,676
- Taxes +€74,879
up €74,879 (+1,643%), from €4,557 to €79,437
- Depreciation +€5,800
up €5,800 (+740%), from €784 to €6,584
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 | €35,693 | €375,487 | +€339,794 | +952% |
| Formation expenses | 20 | €4,150 | €0 | -€4,150 | -100% |
| Fixed assets | 21/28 | €3,371 | €6,416 | +€3,045 | +90.3% |
| Tangible fixed assets | 22/27 | €3,371 | €6,416 | +€3,045 | +90.3% |
| Furniture and vehicles | 24 | €3,371 | €6,416 | +€3,045 | +90.3% |
| Current assets | 29/58 | €28,172 | €369,071 | +€340,899 | +1,210% |
| Amounts receivable within one year | 40/41 | - | €6,299 | +€6,299 | |
| Other amounts receivable | 41 | - | €6,299 | +€6,299 | |
| Cash at bank and in hand | 54/58 | €27,107 | €235,433 | +€208,326 | +769% |
| Deferred charges and accrued income | 490/1 | €1,064 | €127,338 | +€126,274 | +11,867% |
| Total equity and liabilities | 10/49 | €35,693 | €375,487 | +€339,794 | +952% |
| Equity | 10/15 | €24,386 | €280,648 | +€256,262 | +1,051% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €18,086 | €274,348 | +€256,262 | +1,417% |
| Distributable reserves | 133 | €18,086 | €274,348 | +€256,262 | +1,417% |
| Amounts payable | 17/49 | €11,307 | €94,839 | +€83,532 | +739% |
| Amounts payable within one year | 42/48 | €11,307 | €94,839 | +€83,532 | +739% |
| Trade debts | 44 | - | €495 | +€495 | |
| Suppliers | 440/4 | - | €495 | +€495 | |
| Taxes, remuneration and social security | 45 | €11,307 | €94,344 | +€83,037 | +734% |
| Taxes | 450/3 | €11,307 | €94,344 | +€83,037 | +734% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €784 | €6,584 | +€5,800 | +740% |
| Other operating charges | 640/8 | €50 | €120 | +€70 | +140% |
| Gross operating margin | 9900 | €23,516 | €342,676 | +€319,160 | +1,357% |
| Operating profit (loss) | 9901 | €22,682 | €335,973 | +€313,290 | +1,381% |
| Financial charges | 65/66B | €39 | €274 | +€235 | +596% |
| Recurring financial charges | 65 | €39 | €274 | +€235 | +596% |
| Profit (loss) for the period before taxes | 9903 | €22,643 | €335,699 | +€313,056 | +1,383% |
| Income taxes | 67/77 | €4,557 | €79,437 | +€74,879 | +1,643% |
| Profit (loss) for the period | 9904 | €18,086 | €256,262 | +€238,176 | +1,317% |
| Profit (loss) for the period to be appropriated | 9905 | €18,086 | €256,262 | +€238,176 | +1,317% |
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.