AVALANCHE: 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.
AVALANCHE
Largest movements
- Cash +€15,622
up €15,622 (+12.6%), from €123,733 to €139,355
mainly Depreciation (+€12,747) and Receivables within one year (+€12,084)
- Receivables within one year -€12,084
down €12,084 (-42.7%), from €28,294 to €16,211
of which Trade receivables: -€13,306
- Tangible fixed assets -€11,303
down €11,303 (-25.5%), from €44,272 to €32,969
of which Land and buildings: -€5,846
- Debts after one year -€5,834
down €5,834 (-17.8%), from €32,698 to €26,863
- Tax, wage and social debts -€4,891
down €4,891 (-76.7%), from €6,374 to €1,483
- Other debts +€4,536
up €4,536 (+57.5%), from €7,888 to €12,424
- Gross operating margin -€9,172
down €9,172 (-33.5%), from €27,397 to €18,225
- Taxes -€1,837
down €1,837 (-48.7%), from €3,776 to €1,939
- Depreciation -€868
down €868 (-6.4%), from €13,615 to €12,747
- Financial charges -€322
down €322 (-16.1%), from €2,002 to €1,680
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €199,515 | €192,270 | -€7,245 | -3.6% |
| Fixed assets | 21/28 | €44,272 | €32,969 | -€11,303 | -25.5% |
| Tangible fixed assets | 22/27 | €44,272 | €32,969 | -€11,303 | -25.5% |
| Land and buildings | 22 | €29,236 | €23,390 | -€5,846 | -20.0% |
| Plant, machinery and equipment | 23 | €3,168 | €2,635 | -€533 | -16.8% |
| Furniture and vehicles | 24 | €11,869 | €6,945 | -€4,924 | -41.5% |
| Current assets | 29/58 | €155,243 | €159,301 | +€4,058 | +2.6% |
| Amounts receivable within one year | 40/41 | €28,294 | €16,211 | -€12,084 | -42.7% |
| Trade receivables | 40 | €23,813 | €10,506 | -€13,306 | -55.9% |
| Other amounts receivable | 41 | €4,481 | €5,704 | +€1,223 | +27.3% |
| Cash at bank and in hand | 54/58 | €123,733 | €139,355 | +€15,622 | +12.6% |
| Deferred charges and accrued income | 490/1 | €3,216 | €3,736 | +€520 | +16.2% |
| Total equity and liabilities | 10/49 | €199,515 | €192,270 | -€7,245 | -3.6% |
| Equity | 10/15 | €141,607 | €143,038 | +€1,431 | +1.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €55,879 | €57,309 | +€1,431 | +2.6% |
| Distributable reserves | 133 | €55,879 | €57,309 | +€1,431 | +2.6% |
| Profit (loss) carried forward | 14 | €79,528 | €79,528 | = | 0.0% |
| Amounts payable | 17/49 | €57,908 | €49,232 | -€8,676 | -15.0% |
| Amounts payable after more than one year | 17 | €32,698 | €26,863 | -€5,834 | -17.8% |
| Financial debts | 170/4 | €32,698 | €26,863 | -€5,834 | -17.8% |
| Amounts payable within one year | 42/48 | €25,210 | €22,369 | -€2,841 | -11.3% |
| Current portion of amounts payable after more than one year | 42 | €6,798 | €5,834 | -€964 | -14.2% |
| Trade debts | 44 | €4,150 | €2,629 | -€1,522 | -36.7% |
| Suppliers | 440/4 | €4,150 | €2,629 | -€1,522 | -36.7% |
| Taxes, remuneration and social security | 45 | €6,374 | €1,483 | -€4,891 | -76.7% |
| Taxes | 450/3 | €6,374 | €1,483 | -€4,891 | -76.7% |
| Other amounts payable | 47/48 | €7,888 | €12,424 | +€4,536 | +57.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,615 | €12,747 | -€868 | -6.4% |
| Other operating charges | 640/8 | €427 | €428 | +€1 | +0.3% |
| Gross operating margin | 9900 | €27,397 | €18,225 | -€9,172 | -33.5% |
| Operating profit (loss) | 9901 | €13,355 | €5,050 | -€8,305 | -62.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -33.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -33.3% |
| Financial charges | 65/66B | €2,002 | €1,680 | -€322 | -16.1% |
| Recurring financial charges | 65 | €2,002 | €1,680 | -€322 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €11,353 | €3,370 | -€7,983 | -70.3% |
| Income taxes | 67/77 | €3,776 | €1,939 | -€1,837 | -48.7% |
| Profit (loss) for the period | 9904 | €7,577 | €1,431 | -€6,146 | -81.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,577 | €1,431 | -€6,146 | -81.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.