AVANDRIUS: 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.
AVANDRIUS
Largest movements
- Tangible fixed assets -€24,703
down €24,703 (-37.5%), from €65,943 to €41,240
of which Land and buildings: -€13,430
- Receivables within one year +€17,745
up €17,745 (+32.8%), from €54,048 to €71,793
of which Trade receivables: +€18,788
- Debts after one year -€12,000
down €12,000 (-17.9%), from €67,125 to €55,125
- Other debts +€9,935
up €9,935 (+47.7%), from €20,817 to €30,752
- Trade debts -€8,688
down €8,688 (-71.3%), from €12,180 to €3,491
- Reserves +€3,985
up €3,985 (+9.8%), from €40,817 to €44,802
- Other operating charges +€820
up €820 (+40.6%), from €2,019 to €2,839
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 | €177,610 | €171,214 | -€6,396 | -3.6% |
| Fixed assets | 21/28 | €103,343 | €78,640 | -€24,703 | -23.9% |
| Tangible fixed assets | 22/27 | €65,943 | €41,240 | -€24,703 | -37.5% |
| Land and buildings | 22 | €42,699 | €29,269 | -€13,430 | -31.5% |
| Plant, machinery and equipment | 23 | €3,527 | €2,097 | -€1,430 | -40.5% |
| Furniture and vehicles | 24 | €19,717 | €9,874 | -€9,842 | -49.9% |
| Financial fixed assets | 28 | €37,400 | €37,400 | = | 0.0% |
| Current assets | 29/58 | €74,267 | €92,573 | +€18,306 | +24.6% |
| Amounts receivable within one year | 40/41 | €54,048 | €71,793 | +€17,745 | +32.8% |
| Trade receivables | 40 | €48,780 | €67,568 | +€18,788 | +38.5% |
| Other amounts receivable | 41 | €5,269 | €4,225 | -€1,043 | -19.8% |
| Cash at bank and in hand | 54/58 | €19,298 | €19,799 | +€501 | +2.6% |
| Deferred charges and accrued income | 490/1 | €921 | €981 | +€60 | +6.5% |
| Total equity and liabilities | 10/49 | €177,610 | €171,214 | -€6,396 | -3.6% |
| Equity | 10/15 | €60,817 | €64,802 | +€3,985 | +6.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €40,817 | €44,802 | +€3,985 | +9.8% |
| Distributable reserves | 133 | €40,817 | €44,802 | +€3,985 | +9.8% |
| Amounts payable | 17/49 | €116,793 | €106,411 | -€10,382 | -8.9% |
| Amounts payable after more than one year | 17 | €67,125 | €55,125 | -€12,000 | -17.9% |
| Financial debts | 170/4 | €67,125 | €55,125 | -€12,000 | -17.9% |
| Amounts payable within one year | 42/48 | €49,668 | €50,321 | +€653 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €12,000 | €12,000 | = | 0.0% |
| Trade debts | 44 | €12,180 | €3,491 | -€8,688 | -71.3% |
| Suppliers | 440/4 | €12,180 | €3,491 | -€8,688 | -71.3% |
| Taxes, remuneration and social security | 45 | €4,671 | €4,078 | -€594 | -12.7% |
| Taxes | 450/3 | €4,671 | €4,078 | -€594 | -12.7% |
| Other amounts payable | 47/48 | €20,817 | €30,752 | +€9,935 | +47.7% |
| Accrued charges and deferred income | 492/3 | - | €965 | +€965 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,654 | €24,703 | +€49 | +0.2% |
| Other operating charges | 640/8 | €2,019 | €2,839 | +€820 | +40.6% |
| Gross operating margin | 9900 | €37,393 | €37,485 | +€92 | +0.2% |
| Operating profit (loss) | 9901 | €10,721 | €9,943 | -€778 | -7.3% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €2,868 | €2,780 | -€88 | -3.1% |
| Recurring financial charges | 65 | €2,868 | €2,780 | -€88 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €7,853 | €7,165 | -€688 | -8.8% |
| Income taxes | 67/77 | €2,957 | €3,180 | +€223 | +7.5% |
| Profit (loss) for the period | 9904 | €4,896 | €3,985 | -€911 | -18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,896 | €3,985 | -€911 | -18.6% |
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 9 October 2026 via checked.be.