AVANDEWALLE: what changed
AVANDEWALLE
Largest movements
- Receivables within one year -€1,319
down €1,319 (-57.5%), from €2,296 to €977
- Cash -€1,140
down €1,140 (-1.4%), from €84,359 to €83,219
mainly Net result for the year (-€2,589)
- Profit (loss) carried forward -€2,589
down €2,589 (-150%), from -€1,724 to -€4,313
- Financial income -€1,032
no longer reported in 2025 (was €1,032)
- Depreciation -€657
down €657 (-85.0%), from €773 to €116
- Other operating charges -€387
no longer reported in 2025 (was €387)
- Gross operating margin +€342
up €342 (+13.1%), from -€2,604 to -€2,263
- Taxes +€286
no longer reported in 2025 (was -€286)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €87,171 | €84,595 | -€2,576 | -3.0% |
| Fixed assets | 21/28 | €516 | €400 | -€116 | -22.5% |
| Tangible fixed assets | 22/27 | €516 | €400 | -€116 | -22.5% |
| Land and buildings | 22 | €410 | €400 | -€11 | -2.6% |
| Furniture and vehicles | 24 | €105 | - | -€105 | |
| Current assets | 29/58 | €86,655 | €84,196 | -€2,460 | -2.8% |
| Amounts receivable within one year | 40/41 | €2,296 | €977 | -€1,319 | -57.5% |
| Other amounts receivable | 41 | €2,296 | €977 | -€1,319 | -57.5% |
| Cash at bank and in hand | 54/58 | €84,359 | €83,219 | -€1,140 | -1.4% |
| Total equity and liabilities | 10/49 | €87,171 | €84,595 | -€2,576 | -3.0% |
| Equity | 10/15 | -€224 | -€2,813 | -€2,589 | -1,155% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,724 | -€4,313 | -€2,589 | -150% |
| Amounts payable | 17/49 | €87,395 | €87,408 | +€13 | 0.0% |
| Amounts payable within one year | 42/48 | €87,395 | €87,408 | +€13 | 0.0% |
| Trade debts | 44 | - | €13 | +€13 | |
| Suppliers | 440/4 | - | €13 | +€13 | |
| Other amounts payable | 47/48 | €87,395 | €87,395 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €773 | €116 | -€657 | -85.0% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | -€2,604 | -€2,263 | +€342 | +13.1% |
| Operating profit (loss) | 9901 | -€3,765 | -€2,379 | +€1,386 | +36.8% |
| Financial income | 75/76B | €1,032 | - | -€1,032 | |
| Recurring financial income | 75 | €1,032 | - | -€1,032 | |
| Financial charges | 65/66B | €248 | €210 | -€38 | -15.5% |
| Recurring financial charges | 65 | €248 | €210 | -€38 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,981 | -€2,589 | +€393 | +13.2% |
| Income taxes | 67/77 | -€286 | - | +€286 | |
| Profit (loss) for the period | 9904 | -€2,696 | -€2,589 | +€107 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,696 | -€2,589 | +€107 | +4.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.