AVANTI DESIGN: what changed
AVANTI DESIGN
Largest movements
- Receivables within one year +€48,495
up €48,495 (+23.4%), from €207,537 to €256,032
of which Trade receivables: +€48,501
- Cash -€16,145
down €16,145 (-39.4%), from €41,019 to €24,873
mainly Receivables within one year (-€48,495) and Net result for the year (-€7,726)
- Stocks and contracts -€13,304
down €13,304 (-4.3%), from €310,088 to €296,784
of which Stocks: -€13,304
- Tangible fixed assets -€7,734
down €7,734 (-18.0%), from €42,860 to €35,126
of which Furniture and vehicles: -€5,107
- Other debts +€20,606
up €20,606 (+7.2%), from €285,644 to €306,249
- Reserves -€7,726
down €7,726 (-7.6%), from €101,350 to €93,624
of which Distributable reserves: -€7,726
- Gross operating margin -€40,381
down €40,381 (-93.9%), from €43,019 to €2,638
- Depreciation -€583
down €583 (-5.9%), from €9,886 to €9,303
- Other operating charges -€505
down €505 (-18.3%), from €2,765 to €2,259
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €672,420 | €684,635 | +€12,215 | +1.8% |
| Fixed assets | 21/28 | €46,384 | €38,694 | -€7,690 | -16.6% |
| Tangible fixed assets | 22/27 | €42,860 | €35,126 | -€7,734 | -18.0% |
| Land and buildings | 22 | €14,801 | €10,618 | -€4,183 | -28.3% |
| Plant, machinery and equipment | 23 | - | €1,556 | +€1,556 | |
| Furniture and vehicles | 24 | €23,059 | €17,952 | -€5,107 | -22.1% |
| Other tangible fixed assets | 26 | €5,000 | €5,000 | = | 0.0% |
| Financial fixed assets | 28 | €3,524 | €3,568 | +€44 | +1.2% |
| Current assets | 29/58 | €626,036 | €645,941 | +€19,905 | +3.2% |
| Stocks and contracts in progress | 3 | €310,088 | €296,784 | -€13,304 | -4.3% |
| Stocks | 30/36 | €139,359 | €126,055 | -€13,304 | -9.5% |
| Contracts in progress | 37 | €170,728 | €170,728 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €207,537 | €256,032 | +€48,495 | +23.4% |
| Trade receivables | 40 | €207,111 | €255,612 | +€48,501 | +23.4% |
| Other amounts receivable | 41 | €426 | €420 | -€6 | -1.5% |
| Current investments | 50/53 | €65,640 | €66,850 | +€1,210 | +1.8% |
| Cash at bank and in hand | 54/58 | €41,019 | €24,873 | -€16,145 | -39.4% |
| Deferred charges and accrued income | 490/1 | €1,753 | €1,403 | -€350 | -20.0% |
| Total equity and liabilities | 10/49 | €672,420 | €684,635 | +€12,215 | +1.8% |
| Equity | 10/15 | €119,942 | €112,216 | -€7,726 | -6.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €101,350 | €93,624 | -€7,726 | -7.6% |
| Tax-exempt reserves | 132 | €30,750 | €30,750 | = | 0.0% |
| Distributable reserves | 133 | €70,600 | €62,874 | -€7,726 | -10.9% |
| Amounts payable | 17/49 | €552,478 | €572,419 | +€19,941 | +3.6% |
| Amounts payable after more than one year | 17 | €100,000 | €100,000 | = | 0.0% |
| Financial debts | 170/4 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €452,478 | €472,419 | +€19,941 | +4.4% |
| Trade debts | 44 | €163,699 | €160,708 | -€2,991 | -1.8% |
| Suppliers | 440/4 | €163,699 | €160,708 | -€2,991 | -1.8% |
| Taxes, remuneration and social security | 45 | €3,135 | €5,461 | +€2,326 | +74.2% |
| Taxes | 450/3 | €3,135 | €5,461 | +€2,326 | +74.2% |
| Other amounts payable | 47/48 | €285,644 | €306,249 | +€20,606 | +7.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,886 | €9,303 | -€583 | -5.9% |
| Other operating charges | 640/8 | €2,765 | €2,259 | -€505 | -18.3% |
| Gross operating margin | 9900 | €43,019 | €2,638 | -€40,381 | -93.9% |
| Operating profit (loss) | 9901 | €30,368 | -€8,925 | -€39,293 | |
| Financial income | 75/76B | €1,450 | €1,769 | +€319 | +22.0% |
| Recurring financial income | 75 | €1,450 | €1,769 | +€319 | +22.0% |
| Financial charges | 65/66B | €404 | €397 | -€7 | -1.9% |
| Recurring financial charges | 65 | €404 | €397 | -€7 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €31,414 | -€7,553 | -€38,967 | |
| Income taxes | 67/77 | €170 | €173 | +€3 | +1.9% |
| Profit (loss) for the period | 9904 | €31,244 | -€7,726 | -€38,970 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,244 | -€7,726 | -€38,970 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.