Avandes: 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.
Avandes
Largest movements
- Tangible fixed assets -€7,171
down €7,171 (-37.7%), from €19,026 to €11,855
of which Other tangible fixed assets: -€6,222
- Receivables within one year -€7,115
down €7,115 (-62.1%), from €11,454 to €4,338
of which Trade receivables: -€6,122
- Cash +€6,996
up €6,996 (+34.6%), from €20,230 to €27,226
mainly Depreciation (+€7,171) and Receivables within one year (+€7,115)
- Profit (loss) carried forward -€6,656
down €6,656 (-72.5%), from -€9,180 to -€15,837
- Trade debts -€2,532
down €2,532 (-62.7%), from €4,038 to €1,506
- Other debts +€1,648
up €1,648 (+7.3%), from €22,487 to €24,135
- Accrued charges and deferred income +€635
up €635 (+46.5%), from €1,365 to €2,000
- Gross operating margin -€2,959
down €2,959 (-69.7%), from €4,247 to €1,288
- Depreciation -€1,572
down €1,572 (-18.0%), from €8,743 to €7,171
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 | €50,969 | €43,630 | -€7,339 | -14.4% |
| Fixed assets | 21/28 | €19,026 | €11,855 | -€7,171 | -37.7% |
| Tangible fixed assets | 22/27 | €19,026 | €11,855 | -€7,171 | -37.7% |
| Plant, machinery and equipment | 23 | €2,388 | €1,781 | -€606 | -25.4% |
| Furniture and vehicles | 24 | €425 | €82 | -€342 | -80.6% |
| Other tangible fixed assets | 26 | €16,214 | €9,991 | -€6,222 | -38.4% |
| Current assets | 29/58 | €31,943 | €31,775 | -€168 | -0.5% |
| Amounts receivable within one year | 40/41 | €11,454 | €4,338 | -€7,115 | -62.1% |
| Trade receivables | 40 | €10,446 | €4,324 | -€6,122 | -58.6% |
| Other amounts receivable | 41 | €1,008 | €14 | -€994 | -98.6% |
| Cash at bank and in hand | 54/58 | €20,230 | €27,226 | +€6,996 | +34.6% |
| Deferred charges and accrued income | 490/1 | €260 | €210 | -€50 | -19.1% |
| Total equity and liabilities | 10/49 | €50,969 | €43,630 | -€7,339 | -14.4% |
| Equity | 10/15 | €22,108 | €15,452 | -€6,656 | -30.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €18,888 | €18,888 | = | 0.0% |
| Distributable reserves | 133 | €18,888 | €18,888 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,180 | -€15,837 | -€6,656 | -72.5% |
| Amounts payable | 17/49 | €28,861 | €28,178 | -€682 | -2.4% |
| Amounts payable within one year | 42/48 | €27,496 | €26,178 | -€1,317 | -4.8% |
| Trade debts | 44 | €4,038 | €1,506 | -€2,532 | -62.7% |
| Suppliers | 440/4 | €4,038 | €1,506 | -€2,532 | -62.7% |
| Taxes, remuneration and social security | 45 | €971 | €537 | -€434 | -44.7% |
| Taxes | 450/3 | €971 | €537 | -€434 | -44.7% |
| Other amounts payable | 47/48 | €22,487 | €24,135 | +€1,648 | +7.3% |
| Accrued charges and deferred income | 492/3 | €1,365 | €2,000 | +€635 | +46.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,743 | €7,171 | -€1,572 | -18.0% |
| Other operating charges | 640/8 | €589 | €597 | +€8 | +1.4% |
| Gross operating margin | 9900 | €4,247 | €1,288 | -€2,959 | -69.7% |
| Operating profit (loss) | 9901 | -€5,084 | -€6,480 | -€1,395 | -27.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €188 | €177 | -€11 | -5.8% |
| Recurring financial charges | 65 | €188 | €177 | -€11 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,272 | -€6,656 | -€1,385 | -26.3% |
| Profit (loss) for the period | 9904 | -€5,272 | -€6,656 | -€1,385 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,272 | -€6,656 | -€1,385 | -26.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.