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.
AVALON
Largest movements
- Tangible fixed assets -€1,026
down €1,026 (-1.3%), from €81,040 to €80,015
- Profit (loss) carried forward -€1,927
down €1,927, from €674 to -€1,253
- Other debts +€962
up €962 (+8.2%), from €11,791 to €12,753
- Gross operating margin +€316
up €316 (+5.6%), from €5,606 to €5,921
- Other operating charges +€166
up €166 (+2.5%), from €6,560 to €6,726
- Financial charges +€87
up €87 (+865.8%), from €10 to €97
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 | €81,052 | €80,099 | -€953 | -1.2% |
| Fixed assets | 21/28 | €81,040 | €80,015 | -€1,026 | -1.3% |
| Tangible fixed assets | 22/27 | €81,040 | €80,015 | -€1,026 | -1.3% |
| Land and buildings | 22 | €81,040 | €80,015 | -€1,026 | -1.3% |
| Current assets | 29/58 | €12 | €85 | +€73 | +623.6% |
| Cash at bank and in hand | 54/58 | €12 | €85 | +€73 | +623.6% |
| Total equity and liabilities | 10/49 | €81,052 | €80,099 | -€953 | -1.2% |
| Equity | 10/15 | €68,874 | €66,947 | -€1,927 | -2.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | - | -€62,000 | |
| Issued capital | 100 | €62,000 | - | -€62,000 | |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €674 | -€1,253 | -€1,927 | |
| Amounts payable | 17/49 | €12,178 | €13,153 | +€974 | +8.0% |
| Amounts payable within one year | 42/48 | €12,178 | €13,153 | +€974 | +8.0% |
| Trade debts | 44 | €387 | €400 | +€12 | +3.2% |
| Suppliers | 440/4 | €387 | €400 | +€12 | +3.2% |
| Other amounts payable | 47/48 | €11,791 | €12,753 | +€962 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €820 | €820 | = | 0.0% |
| Other operating charges | 640/8 | €6,560 | €6,726 | +€166 | +2.5% |
| Non-recurring operating charges | 66A | €205 | €205 | = | 0.0% |
| Gross operating margin | 9900 | €5,606 | €5,921 | +€316 | +5.6% |
| Operating profit (loss) | 9901 | -€1,980 | -€1,830 | +€150 | +7.6% |
| Financial charges | 65/66B | €10 | €97 | +€87 | +865.8% |
| Recurring financial charges | 65 | €10 | €97 | +€87 | +865.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,990 | -€1,927 | +€63 | +3.2% |
| Profit (loss) for the period | 9904 | -€1,990 | -€1,927 | +€63 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,990 | -€1,927 | +€63 | +3.2% |
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 2 October 2026 via checked.be.