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.
Avanti
Largest movements
- Tangible fixed assets -€12,545
down €12,545 (-25.3%), from €49,513 to €36,968
of which Furniture and vehicles: -€12,274
- Cash -€11,293
down €11,293 (-36.7%), from €30,785 to €19,492
mainly Debts after one year (-€26,940) and Current portion of long-term debt (-€8,661)
- Financial fixed assets +€4,095
new in 2025: €4,095
- Receivables within one year +€3,590
up €3,590 (+100%), from €3,579 to €7,169
of which Trade receivables: +€6,281
- Debts after one year -€26,940
no longer reported in 2025 (was €26,940)
- Reserves +€19,165
up €19,165 (+192%), from €10,000 to €29,165
- Current portion of long-term debt -€8,661
no longer reported in 2025 (was €8,661)
- Profit (loss) carried forward -€2,166
down €2,166 (-13.6%), from €15,926 to €13,760
- Tax, wage and social debts +€1,279
up €1,279 (+15.7%), from €8,123 to €9,401
- Gross operating margin +€10,618
up €10,618 (+33.3%), from €31,891 to €42,509
- Taxes +€3,762
up €3,762 (+104%), from €3,601 to €7,363
- Financial charges +€1,085
up €1,085 (+61.2%), from €1,771 to €2,855
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 | €84,054 | €67,724 | -€16,331 | -19.4% |
| Fixed assets | 21/28 | €49,513 | €41,063 | -€8,450 | -17.1% |
| Tangible fixed assets | 22/27 | €49,513 | €36,968 | -€12,545 | -25.3% |
| Plant, machinery and equipment | 23 | €759 | €488 | -€271 | -35.7% |
| Furniture and vehicles | 24 | €48,753 | €36,479 | -€12,274 | -25.2% |
| Financial fixed assets | 28 | - | €4,095 | +€4,095 | |
| Current assets | 29/58 | €34,542 | €26,661 | -€7,881 | -22.8% |
| Amounts receivable within one year | 40/41 | €3,579 | €7,169 | +€3,590 | +100% |
| Trade receivables | 40 | - | €6,281 | +€6,281 | |
| Other amounts receivable | 41 | €3,579 | €888 | -€2,691 | -75.2% |
| Cash at bank and in hand | 54/58 | €30,785 | €19,492 | -€11,293 | -36.7% |
| Deferred charges and accrued income | 490/1 | €179 | - | -€179 | |
| Total equity and liabilities | 10/49 | €84,054 | €67,724 | -€16,331 | -19.4% |
| Equity | 10/15 | €28,926 | €45,925 | +€16,999 | +58.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €29,165 | +€19,165 | +192% |
| Distributable reserves | 133 | €10,000 | €29,165 | +€19,165 | +192% |
| Profit (loss) carried forward | 14 | €15,926 | €13,760 | -€2,166 | -13.6% |
| Amounts payable | 17/49 | €55,129 | €21,799 | -€33,330 | -60.5% |
| Amounts payable after more than one year | 17 | €26,940 | - | -€26,940 | |
| Financial debts | 170/4 | €26,940 | - | -€26,940 | |
| Amounts payable within one year | 42/48 | €28,189 | €21,760 | -€6,429 | -22.8% |
| Current portion of amounts payable after more than one year | 42 | €8,661 | - | -€8,661 | |
| Trade debts | 44 | €72 | €88 | +€16 | +22.7% |
| Suppliers | 440/4 | €72 | €88 | +€16 | +22.7% |
| Taxes, remuneration and social security | 45 | €8,123 | €9,401 | +€1,279 | +15.7% |
| Taxes | 450/3 | €8,123 | €9,401 | +€1,279 | +15.7% |
| Other amounts payable | 47/48 | €11,334 | €12,271 | +€937 | +8.3% |
| Accrued charges and deferred income | 492/3 | - | €39 | +€39 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,759 | €12,545 | -€214 | -1.7% |
| Other operating charges | 640/8 | €426 | €583 | +€157 | +37.0% |
| Gross operating margin | 9900 | €31,891 | €42,509 | +€10,618 | +33.3% |
| Operating profit (loss) | 9901 | €18,706 | €29,381 | +€10,675 | +57.1% |
| Financial income | 75/76B | €9 | €2 | -€7 | -78.2% |
| Recurring financial income | 75 | €9 | €2 | -€7 | -78.2% |
| Financial charges | 65/66B | €1,771 | €2,855 | +€1,085 | +61.2% |
| Recurring financial charges | 65 | €1,771 | €2,855 | +€1,085 | +61.2% |
| Profit (loss) for the period before taxes | 9903 | €16,944 | €26,527 | +€9,583 | +56.6% |
| Income taxes | 67/77 | €3,601 | €7,363 | +€3,762 | +104% |
| Profit (loss) for the period | 9904 | €13,343 | €19,165 | +€5,821 | +43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,343 | €19,165 | +€5,821 | +43.6% |
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 13 October 2026 via checked.be.