Avalon: what changed
Two fiscal 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.
What changed
Avalon
NACE 87.304, Residential care activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€32,618
2024 · -€90,830+€58,212
Equity
€4.3m
2024 · €4.5m-€106,885
Cash
€1.1m
2024 · €987,971+€98,827
Balance sheet total
€6.0m
2024 · €6.2m-€195,918
Largest movements
Assets
- Tangible fixed assets -€135,313
down €135,313 (-3.2%), from €4.2m to €4.1m
of which Land and buildings: -€107,492
- Receivables within one year -€122,889
down €122,889 (-23.7%), from €518,309 to €395,420
of which Other amounts receivable: -€127,432
- Cash +€98,827
up €98,827 (+10.0%), from €987,971 to €1.1m
mainly Depreciation (+€254,913) and Receivables within one year (+€122,889)
Equity and liabilities
- Debts after one year -€106,671
down €106,671 (-11.0%), from €972,729 to €866,058
- Investment grants -€74,267
down €74,267 (-3.9%), from €1.9m to €1.8m
Income statement
- Gross operating margin +€146,930
up €146,930 (+4.5%), from €3.2m to €3.4m
- Staff costs +€116,293
up €116,293 (+3.8%), from €3.0m to €3.2m
- Purchases and services +€62,864
up €62,864 (+12.4%), from €506,773 to €569,637
- Turnover +€55,006
up €55,006 (+13.9%), from €396,248 to €451,254
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.
Result 2024
-€90,830
Gross operating margin
+€146,930
Staff costs
-€116,293
Depreciation
+€7,264
Other operating charges
-€13,348
Other operating items
+€28,760
Financial income
+€6,930
Financial charges
-€2,031
Result 2025
-€32,618
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.
From operations
+€399,365
Investment
-€119,600
Financing
-€180,938
Cash 2024
€987,971
From operations (derived)
+€399,365
Net result for the year
-€32,618
Depreciation
+€254,913
Receivables after one year
+€38,236
Receivables within one year
+€122,889
Deferred charges and accrued income
-€1,693
Provisions
-€31,300
Debts within one year
+€48,938
Investment (derived)
-€119,600
Investment in fixed assets (net)
-€119,600
Financing
-€180,938
Debts after one year
-€106,671
Contributions, distributions and other
-€74,267
Cash 2025
€1.1m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,235,881 | €6,039,963 | -€195,918 | -3.1% |
| Fixed assets | 21/28 | €4,192,130 | €4,056,817 | -€135,313 | -3.2% |
| Tangible fixed assets | 22/27 | €4,191,922 | €4,056,609 | -€135,313 | -3.2% |
| Land and buildings | 22 | €3,766,548 | €3,659,056 | -€107,492 | -2.9% |
| Plant, machinery and equipment | 23 | €42,933 | €26,142 | -€16,791 | -39.1% |
| Furniture and vehicles | 24 | €65,401 | €54,371 | -€11,030 | -16.9% |
| Assets under construction and advance payments | 27 | €317,040 | €317,040 | = | 0.0% |
| Financial fixed assets | 28 | €208 | €208 | = | 0.0% |
| Current assets | 29/58 | €2,043,751 | €1,983,146 | -€60,605 | -3.0% |
| Amounts receivable after more than one year | 29 | €267,646 | €229,410 | -€38,236 | -14.3% |
| Other amounts receivable | 291 | €267,646 | €229,410 | -€38,236 | -14.3% |
| Amounts receivable within one year | 40/41 | €518,309 | €395,420 | -€122,889 | -23.7% |
| Trade receivables | 40 | €44,078 | €48,621 | +€4,543 | +10.3% |
| Other amounts receivable | 41 | €474,231 | €346,799 | -€127,432 | -26.9% |
| Current investments | 50/53 | €250,000 | €250,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €987,971 | €1,086,798 | +€98,827 | +10.0% |
| Deferred charges and accrued income | 490/1 | €19,825 | €21,518 | +€1,693 | +8.5% |
| Total equity and liabilities | 10/49 | €6,235,881 | €6,039,963 | -€195,918 | -3.1% |
| Equity | 10/15 | €4,451,022 | €4,344,137 | -€106,885 | -2.4% |
| Contributions | 10/11 | €1,283,861 | €1,283,861 | = | 0.0% |
| Capital | 10 | €1,283,861 | €1,283,861 | = | 0.0% |
| Reserves | 13 | €855,749 | €855,749 | = | 0.0% |
| Profit (loss) carried forward | 14 | €406,034 | €373,416 | -€32,618 | -8.0% |
| Investment grants | 15 | €1,905,378 | €1,831,111 | -€74,267 | -3.9% |
| Provisions and deferred taxes | 16 | €153,350 | €122,050 | -€31,300 | -20.4% |
| Provisions for liabilities and charges | 160/5 | €153,350 | €122,050 | -€31,300 | -20.4% |
| Major repairs and maintenance | 162 | €153,350 | €122,050 | -€31,300 | -20.4% |
| Amounts payable | 17/49 | €1,631,509 | €1,573,776 | -€57,733 | -3.5% |
| Amounts payable after more than one year | 17 | €972,729 | €866,058 | -€106,671 | -11.0% |
| Financial debts | 170/4 | €972,729 | €866,058 | -€106,671 | -11.0% |
| Amounts payable within one year | 42/48 | €618,144 | €667,082 | +€48,938 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | €104,203 | €106,671 | +€2,468 | +2.4% |
| Trade debts | 44 | €56,117 | €92,447 | +€36,330 | +64.7% |
| Suppliers | 440/4 | €56,117 | €92,447 | +€36,330 | +64.7% |
| Taxes, remuneration and social security | 45 | €418,590 | €412,501 | -€6,089 | -1.5% |
| Taxes | 450/3 | €37,307 | €38,771 | +€1,464 | +3.9% |
| Remuneration and social security | 454/9 | €381,283 | €373,730 | -€7,553 | -2.0% |
| Accrued charges and deferred income | 492/3 | €40,636 | €40,636 | = | 0.0% |
| Turnover | 70 | €396,248 | €451,254 | +€55,006 | +13.9% |
| Non-recurring operating income | 76A | - | €6,579 | +€6,579 | |
| Goods, raw materials, services and sundry goods | 60/61 | €506,773 | €569,637 | +€62,864 | +12.4% |
| Remuneration, social security and pensions | 62 | €3,048,907 | €3,165,200 | +€116,293 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €262,177 | €254,913 | -€7,264 | -2.8% |
| Other operating charges | 640/8 | €27,105 | €40,453 | +€13,348 | +49.2% |
| Gross operating margin | 9900 | €3,245,701 | €3,392,631 | +€146,930 | +4.5% |
| Operating profit (loss) | 9901 | -€89,948 | -€36,635 | +€53,313 | +59.3% |
| Financial income | 75/76B | €26,049 | €32,979 | +€6,930 | +26.6% |
| Recurring financial income | 75 | €26,049 | €32,979 | +€6,930 | +26.6% |
| Financial charges | 65/66B | €26,931 | €28,962 | +€2,031 | +7.5% |
| Recurring financial charges | 65 | €26,931 | €28,962 | +€2,031 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | -€90,830 | -€32,618 | +€58,212 | +64.1% |
| Profit (loss) for the period | 9904 | -€90,830 | -€32,618 | +€58,212 | +64.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€90,830 | -€32,618 | +€58,212 | +64.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.