Avalon Consulting: 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.
Avalon Consulting
Largest movements
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Cash +€64,137
up €64,137 (+111%), from €57,571 to €121,707
mainly Net result for the year (+€119,664) and Current investments (+€100,000)
- Receivables within one year -€32,718
down €32,718 (-55.9%), from €58,537 to €25,819
of which Other amounts receivable: -€33,391
- Tangible fixed assets -€12,646
down €12,646 (-97.3%), from €12,998 to €352
- Deferred charges and accrued income +€3,357
up €3,357 (+140%), from €2,394 to €5,751
- Other debts -€66,804
down €66,804 (-36.3%), from €183,934 to €117,131
- Current portion of long-term debt -€13,233
no longer reported in 2025 (was €13,233)
- Depreciation -€5,500
down €5,500 (-30.3%), from €18,146 to €12,646
- Gross operating margin -€5,126
down €5,126 (-3.0%), from €171,663 to €166,537
- Financial income +€1,784
up €1,784 (+107%), from €1,667 to €3,451
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 | €231,499 | €153,629 | -€77,871 | -33.6% |
| Fixed assets | 21/28 | €12,998 | €352 | -€12,646 | -97.3% |
| Tangible fixed assets | 22/27 | €12,998 | €352 | -€12,646 | -97.3% |
| Furniture and vehicles | 24 | €12,998 | €352 | -€12,646 | -97.3% |
| Current assets | 29/58 | €218,501 | €153,277 | -€65,225 | -29.9% |
| Amounts receivable within one year | 40/41 | €58,537 | €25,819 | -€32,718 | -55.9% |
| Trade receivables | 40 | €23,105 | €23,778 | +€673 | +2.9% |
| Other amounts receivable | 41 | €35,432 | €2,041 | -€33,391 | -94.2% |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €57,571 | €121,707 | +€64,137 | +111% |
| Deferred charges and accrued income | 490/1 | €2,394 | €5,751 | +€3,357 | +140% |
| Total equity and liabilities | 10/49 | €231,499 | €153,629 | -€77,871 | -33.6% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable | 17/49 | €226,499 | €148,629 | -€77,871 | -34.4% |
| Amounts payable within one year | 42/48 | €203,669 | €125,114 | -€78,556 | -38.6% |
| Current portion of amounts payable after more than one year | 42 | €13,233 | - | -€13,233 | |
| Trade debts | 44 | €6,503 | €6,927 | +€425 | +6.5% |
| Suppliers | 440/4 | €6,503 | €6,927 | +€425 | +6.5% |
| Taxes, remuneration and social security | 45 | - | €1,056 | +€1,056 | |
| Remuneration and social security | 454/9 | - | €1,056 | +€1,056 | |
| Other amounts payable | 47/48 | €183,934 | €117,131 | -€66,804 | -36.3% |
| Accrued charges and deferred income | 492/3 | €22,830 | €23,515 | +€685 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,146 | €12,646 | -€5,500 | -30.3% |
| Other operating charges | 640/8 | €1,759 | €1,717 | -€43 | -2.4% |
| Gross operating margin | 9900 | €171,663 | €166,537 | -€5,126 | -3.0% |
| Operating profit (loss) | 9901 | €151,757 | €152,174 | +€417 | +0.3% |
| Financial income | 75/76B | €1,667 | €3,451 | +€1,784 | +107% |
| Recurring financial income | 75 | €1,667 | €3,451 | +€1,784 | +107% |
| Financial charges | 65/66B | €564 | €264 | -€300 | -53.2% |
| Recurring financial charges | 65 | €564 | €264 | -€300 | -53.2% |
| Profit (loss) for the period before taxes | 9903 | €152,859 | €155,361 | +€2,502 | +1.6% |
| Income taxes | 67/77 | €35,127 | €35,697 | +€570 | +1.6% |
| Profit (loss) for the period | 9904 | €117,733 | €119,664 | +€1,931 | +1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €117,733 | €119,664 | +€1,931 | +1.6% |
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 26 October 2026 via checked.be.