AVANO: 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.
AVANO
Largest movements
- Tangible fixed assets +€801,459
up €801,459 (+251.6%), from €318,541 to €1.1m
- Revaluation surpluses +€801,459
new in 2025: €801,459
- Gross operating margin +€4,533
up €4,533 (+68.1%), from -€6,661 to -€2,128
- Financial income +€3,573
up €3,573 (+1011.0%), from €353 to €3,927
- Other operating charges -€763
down €763 (-53.5%), from €1,427 to €664
- Financial charges -€333
down €333 (-84.8%), from €393 to €60
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 | €519,739 | €1,322,335 | +€802,595 | +154.4% |
| Fixed assets | 21/28 | €318,541 | €1,120,000 | +€801,459 | +251.6% |
| Tangible fixed assets | 22/27 | €318,541 | €1,120,000 | +€801,459 | +251.6% |
| Land and buildings | 22 | €318,541 | €1,120,000 | +€801,459 | +251.6% |
| Current assets | 29/58 | €201,198 | €202,335 | +€1,136 | +0.6% |
| Amounts receivable within one year | 40/41 | - | €1,178 | +€1,178 | |
| Other amounts receivable | 41 | - | €1,178 | +€1,178 | |
| Current investments | 50/53 | €200,000 | €200,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,198 | €1,157 | -€42 | -3.5% |
| Total equity and liabilities | 10/49 | €519,739 | €1,322,335 | +€802,595 | +154.4% |
| Equity | 10/15 | €495,251 | €1,297,784 | +€802,533 | +162.0% |
| Contributions | 10/11 | €428,000 | €428,000 | = | 0.0% |
| Revaluation surpluses | 12 | - | €801,459 | +€801,459 | |
| Reserves | 13 | €75,379 | €75,379 | = | 0.0% |
| Distributable reserves | 133 | €75,379 | €75,379 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,128 | -€7,053 | +€1,074 | +13.2% |
| Amounts payable | 17/49 | €24,488 | €24,550 | +€62 | +0.3% |
| Amounts payable within one year | 42/48 | €24,488 | €24,550 | +€62 | +0.3% |
| Other amounts payable | 47/48 | €24,488 | €24,550 | +€62 | +0.3% |
| Other operating charges | 640/8 | €1,427 | €664 | -€763 | -53.5% |
| Gross operating margin | 9900 | -€6,661 | -€2,128 | +€4,533 | +68.1% |
| Operating profit (loss) | 9901 | -€8,088 | -€2,792 | +€5,296 | +65.5% |
| Financial income | 75/76B | €353 | €3,927 | +€3,573 | +1011.0% |
| Recurring financial income | 75 | €353 | €3,927 | +€3,573 | +1011.0% |
| Financial charges | 65/66B | €393 | €60 | -€333 | -84.8% |
| Recurring financial charges | 65 | €393 | €60 | -€333 | -84.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,128 | €1,074 | +€9,202 | |
| Income taxes | 67/77 | - | €0 | = | |
| Profit (loss) for the period | 9904 | -€8,128 | €1,074 | +€9,202 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,128 | €1,074 | +€9,202 |
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 8 October 2026 via checked.be.