AVANT: 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.
AVANT
Largest movements
- Cash -€83,848
down €83,848 (-61.4%), from €136,491 to €52,643
mainly Contributions, distributions and other (-€120,000) and Other debts (-€14,065)
- Tangible fixed assets +€5,157
up €5,157 (+30.9%), from €16,682 to €21,839
of which Furniture and vehicles: +€5,306
- Receivables within one year +€3,590
up €3,590 (+71.5%), from €5,021 to €8,611
of which Other amounts receivable: +€3,450
- Profit (loss) carried forward -€72,265
down €72,265 (-60.6%), from €119,232 to €46,966
- Other debts -€14,065
down €14,065 (-81.8%), from €17,198 to €3,133
- Short-term financial debts +€10,208
new in 2025: €10,208
- Tax, wage and social debts +€3,636
up €3,636 (+23.7%), from €15,335 to €18,971
of which Remuneration and social security: +€10,454
- Trade debts -€2,615
down €2,615 (-66.6%), from €3,929 to €1,314
- Gross operating margin +€29,074
up €29,074 (+78.3%), from €37,146 to €66,219
- Taxes +€5,701
up €5,701 (+69.7%), from €8,182 to €13,883
- Depreciation +€2,058
up €2,058 (+118.9%), from €1,730 to €3,789
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 | €158,194 | €83,093 | -€75,101 | -47.5% |
| Fixed assets | 21/28 | €16,682 | €21,839 | +€5,157 | +30.9% |
| Tangible fixed assets | 22/27 | €16,682 | €21,839 | +€5,157 | +30.9% |
| Land and buildings | 22 | €11,198 | €11,561 | +€362 | +3.2% |
| Plant, machinery and equipment | 23 | €2,121 | €1,609 | -€511 | -24.1% |
| Furniture and vehicles | 24 | €3,363 | €8,669 | +€5,306 | +157.8% |
| Current assets | 29/58 | €141,512 | €61,254 | -€80,258 | -56.7% |
| Amounts receivable within one year | 40/41 | €5,021 | €8,611 | +€3,590 | +71.5% |
| Trade receivables | 40 | €346 | €486 | +€140 | +40.4% |
| Other amounts receivable | 41 | €4,675 | €8,125 | +€3,450 | +73.8% |
| Cash at bank and in hand | 54/58 | €136,491 | €52,643 | -€83,848 | -61.4% |
| Total equity and liabilities | 10/49 | €158,194 | €83,093 | -€75,101 | -47.5% |
| Equity | 10/15 | €121,732 | €49,466 | -€72,265 | -59.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,232 | €46,966 | -€72,265 | -60.6% |
| Amounts payable | 17/49 | €36,463 | €33,626 | -€2,836 | -7.8% |
| Amounts payable within one year | 42/48 | €36,463 | €33,626 | -€2,836 | -7.8% |
| Financial debts | 43 | - | €10,208 | +€10,208 | |
| Credit institutions | 430/8 | - | €10,208 | +€10,208 | |
| Trade debts | 44 | €3,929 | €1,314 | -€2,615 | -66.6% |
| Suppliers | 440/4 | €3,929 | €1,314 | -€2,615 | -66.6% |
| Taxes, remuneration and social security | 45 | €15,335 | €18,971 | +€3,636 | +23.7% |
| Taxes | 450/3 | €15,239 | €8,421 | -€6,818 | -44.7% |
| Remuneration and social security | 454/9 | €96 | €10,550 | +€10,454 | +10913.9% |
| Other amounts payable | 47/48 | €17,198 | €3,133 | -€14,065 | -81.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,730 | €3,789 | +€2,058 | +118.9% |
| Other operating charges | 640/8 | €544 | €567 | +€23 | +4.2% |
| Gross operating margin | 9900 | €37,146 | €66,219 | +€29,074 | +78.3% |
| Operating profit (loss) | 9901 | €34,872 | €61,864 | +€26,992 | +77.4% |
| Financial income | 75/76B | €0 | €2 | +€2 | +17900.0% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +17900.0% |
| Financial charges | 65/66B | €106 | €249 | +€143 | +135.3% |
| Recurring financial charges | 65 | €106 | €249 | +€143 | +135.3% |
| Profit (loss) for the period before taxes | 9903 | €34,766 | €61,617 | +€26,851 | +77.2% |
| Income taxes | 67/77 | €8,182 | €13,883 | +€5,701 | +69.7% |
| Profit (loss) for the period | 9904 | €26,584 | €47,735 | +€21,151 | +79.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,584 | €47,735 | +€21,151 | +79.6% |
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 6 October 2026 via checked.be.