AVANTI: 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.
What changed
AVANTI
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€188,309
2024 · €323,939-€135,629
Equity
€1.9m
2024 · €2.4m-€457,890
Cash
€79,828
2024 · €95,077-€15,249
Balance sheet total
€6.0m
2024 · €6.2m-€211,925
Largest movements
Assets
- Tangible fixed assets -€231,848
down €231,848 (-4.3%), from €5.4m to €5.2m
of which Land and buildings: -€212,153
Equity and liabilities
- Other debts +€663,952
up €663,952 (+63.7%), from €1.0m to €1.7m
- Reserves -€457,890
down €457,890 (-19.6%), from €2.3m to €1.9m
- Debts after one year -€227,667
down €227,667 (-13.8%), from €1.6m to €1.4m
of which Financial debts: -€227,667
- Trade debts -€194,560
down €194,560 (-24.6%), from €791,604 to €597,044
Income statement
- Gross operating margin -€306,921
down €306,921 (-19.3%), from €1.6m to €1.3m
- Staff costs -€84,730
down €84,730 (-12.1%), from €700,481 to €615,752
- Taxes -€47,054
down €47,054 (-43.2%), from €108,916 to €61,862
- Financial charges -€46,630
down €46,630 (-38.5%), from €121,070 to €74,440
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.
Result 2024
€323,939
Gross operating margin
-€306,921
Staff costs
+€84,730
Depreciation
-€3,562
Other operating charges
-€1,493
Financial income
-€2,069
Financial charges
+€46,630
Taxes
+€47,054
Result 2025
€188,309
raises the resultlowers the result
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.
From operations
+€941,791
Investment
-€97,341
Financing
-€859,699
Cash 2024
€95,077
From operations (derived)
+€941,791
Net result for the year
+€188,309
Depreciation
+€328,188
Stocks and contracts
-€44,928
Receivables within one year
+€9,461
Deferred charges and accrued income
+€1,295
Trade debts
-€194,560
Tax, wage and social debts
-€12,180
Other debts
+€663,952
Accrued charges and deferred income
+€2,253
Investment (derived)
-€97,341
Investment in fixed assets (net)
-€97,341
Financing
-€859,699
Debts after one year
-€227,667
Current portion of long-term debt
+€14,167
Contributions, distributions and other
-€646,199
Cash 2025
€79,828
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,226,842 | €6,014,917 | -€211,925 | -3.4% |
| Fixed assets | 21/28 | €5,444,776 | €5,213,929 | -€230,848 | -4.2% |
| Tangible fixed assets | 22/27 | €5,444,776 | €5,212,929 | -€231,848 | -4.3% |
| Land and buildings | 22 | €4,934,391 | €4,722,238 | -€212,153 | -4.3% |
| Plant, machinery and equipment | 23 | €285,790 | €306,395 | +€20,604 | +7.2% |
| Furniture and vehicles | 24 | €13,184 | €2,744 | -€10,440 | -79.2% |
| Other tangible fixed assets | 26 | €211,411 | €181,553 | -€29,859 | -14.1% |
| Financial fixed assets | 28 | - | €1,000 | +€1,000 | |
| Current assets | 29/58 | €782,066 | €800,988 | +€18,923 | +2.4% |
| Stocks and contracts in progress | 3 | €428,775 | €473,703 | +€44,928 | +10.5% |
| Stocks | 30/36 | €428,775 | €473,703 | +€44,928 | +10.5% |
| Amounts receivable within one year | 40/41 | €251,602 | €242,141 | -€9,461 | -3.8% |
| Trade receivables | 40 | €211,102 | €204,141 | -€6,961 | -3.3% |
| Other amounts receivable | 41 | €40,500 | €38,000 | -€2,500 | -6.2% |
| Cash at bank and in hand | 54/58 | €95,077 | €79,828 | -€15,249 | -16.0% |
| Deferred charges and accrued income | 490/1 | €6,612 | €5,317 | -€1,295 | -19.6% |
| Total equity and liabilities | 10/49 | €6,226,842 | €6,014,917 | -€211,925 | -3.4% |
| Equity | 10/15 | €2,354,486 | €1,896,596 | -€457,890 | -19.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,334,486 | €1,876,596 | -€457,890 | -19.6% |
| Distributable reserves | 133 | €2,334,486 | €1,876,596 | -€457,890 | -19.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €3,872,356 | €4,118,321 | +€245,966 | +6.4% |
| Amounts payable after more than one year | 17 | €1,647,306 | €1,419,639 | -€227,667 | -13.8% |
| Financial debts | 170/4 | €1,643,000 | €1,415,333 | -€227,667 | -13.9% |
| Other amounts payable | 178/9 | €4,307 | €4,307 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,205,526 | €2,676,905 | +€471,380 | +21.4% |
| Current portion of amounts payable after more than one year | 42 | €256,000 | €270,167 | +€14,167 | +5.5% |
| Trade debts | 44 | €791,604 | €597,044 | -€194,560 | -24.6% |
| Suppliers | 440/4 | €791,604 | €597,044 | -€194,560 | -24.6% |
| Taxes, remuneration and social security | 45 | €114,870 | €102,691 | -€12,180 | -10.6% |
| Taxes | 450/3 | €27,441 | €27,886 | +€445 | +1.6% |
| Remuneration and social security | 454/9 | €87,429 | €74,805 | -€12,625 | -14.4% |
| Other amounts payable | 47/48 | €1,043,052 | €1,707,004 | +€663,952 | +63.7% |
| Accrued charges and deferred income | 492/3 | €19,524 | €21,776 | +€2,253 | +11.5% |
| Remuneration, social security and pensions | 62 | €700,481 | €615,752 | -€84,730 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €324,627 | €328,188 | +€3,562 | +1.1% |
| Other operating charges | 640/8 | €16,587 | €18,080 | +€1,493 | +9.0% |
| Gross operating margin | 9900 | €1,588,945 | €1,282,024 | -€306,921 | -19.3% |
| Operating profit (loss) | 9901 | €547,250 | €320,005 | -€227,245 | -41.5% |
| Financial income | 75/76B | €6,675 | €4,606 | -€2,069 | -31.0% |
| Recurring financial income | 75 | €6,675 | €4,606 | -€2,069 | -31.0% |
| Financial charges | 65/66B | €121,070 | €74,440 | -€46,630 | -38.5% |
| Recurring financial charges | 65 | €121,070 | €74,440 | -€46,630 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | €432,855 | €250,171 | -€182,684 | -42.2% |
| Income taxes | 67/77 | €108,916 | €61,862 | -€47,054 | -43.2% |
| Profit (loss) for the period | 9904 | €323,939 | €188,309 | -€135,629 | -41.9% |
| Profit (loss) for the period to be appropriated | 9905 | €323,939 | €188,309 | -€135,629 | -41.9% |
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 20 October 2026 via checked.be.