AVANTI MANAGEMENT: what changed
AVANTI MANAGEMENT
Largest movements
- Financial fixed assets -€123,382
down €123,382 (-87.7%), from €140,679 to €17,297
- Tangible fixed assets -€41,962
down €41,962 (-98.2%), from €42,714 to €751
of which Furniture and vehicles: -€40,270
- Receivables within one year +€18,220
up €18,220 (+173%), from €10,506 to €28,726
of which Trade receivables: +€28,726
- Cash -€5,117
down €5,117 (-52.4%), from €9,774 to €4,657
mainly Net result for the year (-€111,922) and Other debts (-€82,404)
- Profit (loss) carried forward -€111,922
down €111,922 (-2,066%), from -€5,418 to -€117,339
- Other debts -€82,404
down €82,404 (-56.6%), from €145,607 to €63,203
- Debts after one year +€35,000
new in 2025: €35,000
- Trade debts +€5,539
up €5,539 (+3,637%), from €152 to €5,691
- Financial charges +€139,235
up €139,235 (+152,670%), from €91 to €139,327
- Gross operating margin +€38,130
up €38,130 (+707%), from €5,393 to €43,522
- Other operating charges +€14,110
up €14,110 (+8,754%), from €161 to €14,272
- Depreciation -€13,567
down €13,567 (-98.2%), from €13,818 to €250
- Taxes +€1,345
up €1,345 (+538%), from €250 to €1,595
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 | €203,986 | €51,742 | -€152,244 | -74.6% |
| Fixed assets | 21/28 | €183,393 | €18,048 | -€165,345 | -90.2% |
| Tangible fixed assets | 22/27 | €42,714 | €751 | -€41,962 | -98.2% |
| Plant, machinery and equipment | 23 | €2,444 | €751 | -€1,693 | -69.3% |
| Furniture and vehicles | 24 | €40,270 | €0 | -€40,270 | -100% |
| Financial fixed assets | 28 | €140,679 | €17,297 | -€123,382 | -87.7% |
| Current assets | 29/58 | €20,593 | €33,693 | +€13,100 | +63.6% |
| Amounts receivable within one year | 40/41 | €10,506 | €28,726 | +€18,220 | +173% |
| Trade receivables | 40 | €0 | €28,726 | +€28,726 | |
| Other amounts receivable | 41 | €10,506 | €0 | -€10,506 | -100% |
| Cash at bank and in hand | 54/58 | €9,774 | €4,657 | -€5,117 | -52.4% |
| Deferred charges and accrued income | 490/1 | €314 | €311 | -€3 | -0.8% |
| Total equity and liabilities | 10/49 | €203,986 | €51,742 | -€152,244 | -74.6% |
| Equity | 10/15 | €57,977 | -€53,945 | -€111,922 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €44,795 | €44,795 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €42,935 | €42,935 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,418 | -€117,339 | -€111,922 | -2,066% |
| Amounts payable | 17/49 | €146,009 | €105,686 | -€40,323 | -27.6% |
| Amounts payable after more than one year | 17 | - | €35,000 | +€35,000 | |
| Other amounts payable | 178/9 | - | €35,000 | +€35,000 | |
| Amounts payable within one year | 42/48 | €146,009 | €70,686 | -€75,323 | -51.6% |
| Trade debts | 44 | €152 | €5,691 | +€5,539 | +3,637% |
| Suppliers | 440/4 | €152 | €5,691 | +€5,539 | +3,637% |
| Taxes, remuneration and social security | 45 | €250 | €1,792 | +€1,542 | +617% |
| Taxes | 450/3 | €250 | €1,792 | +€1,542 | +617% |
| Other amounts payable | 47/48 | €145,607 | €63,203 | -€82,404 | -56.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €50,000 | +€50,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,818 | €250 | -€13,567 | -98.2% |
| Other operating charges | 640/8 | €161 | €14,272 | +€14,110 | +8,754% |
| Gross operating margin | 9900 | €5,393 | €43,522 | +€38,130 | +707% |
| Operating profit (loss) | 9901 | -€8,586 | €29,000 | +€37,587 | |
| Financial income | 75/76B | €581 | €0 | -€581 | -100% |
| Recurring financial income | 75 | €581 | €0 | -€581 | -100% |
| Financial charges | 65/66B | €91 | €139,327 | +€139,235 | +152,670% |
| Recurring financial charges | 65 | €91 | €139,327 | +€139,235 | +152,670% |
| Profit (loss) for the period before taxes | 9903 | -€8,097 | -€110,326 | -€102,229 | -1,263% |
| Income taxes | 67/77 | €250 | €1,595 | +€1,345 | +538% |
| Profit (loss) for the period | 9904 | -€8,347 | -€111,922 | -€103,575 | -1,241% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,347 | -€111,922 | -€103,575 | -1,241% |
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.