AVANS PLUS: 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.
AVANS PLUS
Largest movements
- Cash +€31,811
up €31,811 (+22.3%), from €142,697 to €174,507
mainly Net result for the year (+€48,173) and Depreciation (+€7,421)
- Receivables within one year +€6,423
up €6,423 (+144.8%), from €4,435 to €10,858
of which Other amounts receivable: +€5,479
- Deferred charges and accrued income -€4,910
down €4,910 (-33.3%), from €14,761 to €9,850
- Profit (loss) carried forward +€48,173
up €48,173 (+41.8%), from €115,219 to €163,392
- Tax, wage and social debts -€14,992
down €14,992 (-83.0%), from €18,054 to €3,061
of which Taxes: -€13,683
- Trade debts -€2,768
down €2,768 (-96.4%), from €2,871 to €103
- Gross operating margin -€28,065
down €28,065 (-25.1%), from €111,628 to €83,562
- Staff costs -€7,458
down €7,458 (-34.3%), from €21,746 to €14,288
- Taxes -€3,683
down €3,683 (-22.0%), from €16,745 to €13,061
- Depreciation -€1,579
down €1,579 (-17.5%), from €8,999 to €7,421
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 | €172,280 | €204,151 | +€31,871 | +18.5% |
| Fixed assets | 21/28 | €10,388 | €8,936 | -€1,452 | -14.0% |
| Tangible fixed assets | 22/27 | €10,388 | €8,936 | -€1,452 | -14.0% |
| Furniture and vehicles | 24 | €8,503 | €8,205 | -€298 | -3.5% |
| Other tangible fixed assets | 26 | €1,886 | €731 | -€1,154 | -61.2% |
| Current assets | 29/58 | €161,892 | €195,215 | +€33,323 | +20.6% |
| Amounts receivable within one year | 40/41 | €4,435 | €10,858 | +€6,423 | +144.8% |
| Trade receivables | 40 | - | €944 | +€944 | |
| Other amounts receivable | 41 | €4,435 | €9,914 | +€5,479 | +123.6% |
| Cash at bank and in hand | 54/58 | €142,697 | €174,507 | +€31,811 | +22.3% |
| Deferred charges and accrued income | 490/1 | €14,761 | €9,850 | -€4,910 | -33.3% |
| Total equity and liabilities | 10/49 | €172,280 | €204,151 | +€31,871 | +18.5% |
| Equity | 10/15 | €150,219 | €198,392 | +€48,173 | +32.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €115,219 | €163,392 | +€48,173 | +41.8% |
| Amounts payable | 17/49 | €22,061 | €5,759 | -€16,302 | -73.9% |
| Amounts payable within one year | 42/48 | €20,948 | €4,656 | -€16,292 | -77.8% |
| Financial debts | 43 | €24 | €1,492 | +€1,468 | +6117.5% |
| Credit institutions | 430/8 | €24 | €1,492 | +€1,468 | +6117.5% |
| Trade debts | 44 | €2,871 | €103 | -€2,768 | -96.4% |
| Suppliers | 440/4 | €2,871 | €103 | -€2,768 | -96.4% |
| Taxes, remuneration and social security | 45 | €18,054 | €3,061 | -€14,992 | -83.0% |
| Taxes | 450/3 | €16,745 | €3,061 | -€13,683 | -81.7% |
| Remuneration and social security | 454/9 | €1,309 | - | -€1,309 | |
| Accrued charges and deferred income | 492/3 | €1,113 | €1,103 | -€10 | -0.9% |
| Remuneration, social security and pensions | 62 | €21,746 | €14,288 | -€7,458 | -34.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,999 | €7,421 | -€1,579 | -17.5% |
| Other operating charges | 640/8 | €387 | €527 | +€139 | +35.9% |
| Non-recurring operating charges | 66A | €375 | €181 | -€195 | -51.9% |
| Gross operating margin | 9900 | €111,628 | €83,562 | -€28,065 | -25.1% |
| Operating profit (loss) | 9901 | €80,119 | €61,146 | -€18,973 | -23.7% |
| Financial income | 75/76B | €346 | €250 | -€96 | -27.8% |
| Recurring financial income | 75 | €346 | €250 | -€96 | -27.8% |
| Financial charges | 65/66B | €73 | €162 | +€88 | +120.6% |
| Recurring financial charges | 65 | €73 | €162 | +€88 | +120.6% |
| Profit (loss) for the period before taxes | 9903 | €80,392 | €61,235 | -€19,158 | -23.8% |
| Income taxes | 67/77 | €16,745 | €13,061 | -€3,683 | -22.0% |
| Profit (loss) for the period | 9904 | €63,648 | €48,173 | -€15,474 | -24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €63,648 | €48,173 | -€15,474 | -24.3% |
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.