Avansa Citizenne: 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.
Avansa Citizenne
Largest movements
- Receivables within one year +€57,814
up €57,814 (+46.9%), from €123,352 to €181,166
of which Other amounts receivable: +€46,530
- Cash -€18,892
down €18,892 (-2.9%), from €641,050 to €622,158
mainly Receivables within one year (-€57,814) and Accrued charges and deferred income (-€7,789)
- Reserves +€31,981
up €31,981 (+6.3%), from €506,266 to €538,248
- Tax, wage and social debts +€18,288
up €18,288 (+16.0%), from €114,624 to €132,912
of which Remuneration and social security: +€16,195
- Staff costs +€88,079
up €88,079 (+12.1%), from €725,240 to €813,319
- Gross operating margin +€21,732
up €21,732 (+2.6%), from €835,665 to €857,397
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.
Derived cash bridge
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 | €783,731 | €821,856 | +€38,126 | +4.9% |
| Fixed assets | 21/28 | €12,822 | €10,127 | -€2,695 | -21.0% |
| Tangible fixed assets | 22/27 | €12,462 | €9,767 | -€2,695 | -21.6% |
| Plant, machinery and equipment | 23 | €8,118 | €8,919 | +€801 | +9.9% |
| Furniture and vehicles | 24 | €4,343 | €848 | -€3,496 | -80.5% |
| Financial fixed assets | 28 | €360 | €360 | = | 0.0% |
| Current assets | 29/58 | €770,909 | €811,730 | +€40,821 | +5.3% |
| Amounts receivable within one year | 40/41 | €123,352 | €181,166 | +€57,814 | +46.9% |
| Trade receivables | 40 | €18,496 | €29,780 | +€11,284 | +61.0% |
| Other amounts receivable | 41 | €104,856 | €151,386 | +€46,530 | +44.4% |
| Cash at bank and in hand | 54/58 | €641,050 | €622,158 | -€18,892 | -2.9% |
| Deferred charges and accrued income | 490/1 | €6,507 | €8,406 | +€1,898 | +29.2% |
| Total equity and liabilities | 10/49 | €783,731 | €821,856 | +€38,126 | +4.9% |
| Equity | 10/15 | €598,674 | €630,655 | +€31,981 | +5.3% |
| Reserves | 13 | €506,266 | €538,248 | +€31,981 | +6.3% |
| Profit (loss) carried forward | 14 | €92,407 | €92,407 | = | 0.0% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €185,057 | €191,201 | +€6,144 | +3.3% |
| Amounts payable within one year | 42/48 | €129,269 | €143,202 | +€13,933 | +10.8% |
| Trade debts | 44 | €14,645 | €10,290 | -€4,355 | -29.7% |
| Suppliers | 440/4 | €14,645 | €10,290 | -€4,355 | -29.7% |
| Taxes, remuneration and social security | 45 | €114,624 | €132,912 | +€18,288 | +16.0% |
| Taxes | 450/3 | €22,920 | €25,013 | +€2,093 | +9.1% |
| Remuneration and social security | 454/9 | €91,704 | €107,899 | +€16,195 | +17.7% |
| Accrued charges and deferred income | 492/3 | €55,788 | €47,999 | -€7,789 | -14.0% |
| Remuneration, social security and pensions | 62 | €725,240 | €813,319 | +€88,079 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,805 | €7,781 | +€2,976 | +61.9% |
| Other operating charges | 640/8 | - | €3,568 | +€3,568 | |
| Non-recurring operating charges | 66A | - | €3,776 | +€3,776 | |
| Gross operating margin | 9900 | €835,665 | €857,397 | +€21,732 | +2.6% |
| Operating profit (loss) | 9901 | €390,257 | €28,953 | -€361,303 | -92.6% |
| Financial income | 75/76B | €2,431 | €3,372 | +€941 | +38.7% |
| Recurring financial income | 75 | €2,431 | €3,372 | +€941 | +38.7% |
| Financial charges | 65/66B | €421 | €344 | -€77 | -18.3% |
| Recurring financial charges | 65 | €421 | €344 | -€77 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | €392,266 | €31,981 | -€360,285 | -91.8% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €392,266 | €31,981 | -€360,285 | -91.8% |
| Profit (loss) for the period to be appropriated | 9905 | €392,266 | €31,981 | -€360,285 | -91.8% |
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 19 October 2026 via checked.be.