AVANTIX: 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.
AVANTIX
Largest movements
- Current investments -€150,849
down €150,849 (-100.0%), from €150,849 to €0
- Cash +€98,446
up €98,446 (+85.4%), from €115,252 to €213,698
mainly Current investments (+€150,849) and Depreciation (+€30,225)
- Receivables within one year +€45,597
up €45,597 (+35.5%), from €128,612 to €174,209
of which Trade receivables: +€40,517
- Tangible fixed assets -€21,335
down €21,335 (-3.6%), from €596,304 to €574,970
of which Other tangible fixed assets: -€22,394
- Debts after one year -€16,376
down €16,376 (-5.7%), from €287,272 to €270,895
of which Financial debts: -€16,376
- Reserves -€10,615
down €10,615 (-1.8%), from €592,458 to €581,843
of which Distributable reserves: -€10,615
- Gross operating margin -€17,770
down €17,770 (-36.1%), from €49,268 to €31,497
- Taxes -€3,341
down €3,341 (-77.0%), from €4,339 to €998
- Other operating charges -€2,987
down €2,987 (-44.7%), from €6,677 to €3,690
- Depreciation -€1,909
down €1,909 (-5.9%), from €32,134 to €30,225
- Financial income -€708
down €708 (-44.1%), from €1,604 to €897
of which Financial income: -€708
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,005,258 | €974,097 | -€31,161 | -3.1% |
| Fixed assets | 21/28 | €596,434 | €575,099 | -€21,335 | -3.6% |
| Tangible fixed assets | 22/27 | €596,304 | €574,970 | -€21,335 | -3.6% |
| Land and buildings | 22 | €17,420 | €15,470 | -€1,951 | -11.2% |
| Plant, machinery and equipment | 23 | €8,988 | €6,150 | -€2,838 | -31.6% |
| Furniture and vehicles | 24 | €34,949 | €40,797 | +€5,848 | +16.7% |
| Other tangible fixed assets | 26 | €534,947 | €512,553 | -€22,394 | -4.2% |
| Financial fixed assets | 28 | €129 | €129 | = | 0.0% |
| Current assets | 29/58 | €408,824 | €398,998 | -€9,826 | -2.4% |
| Stocks and contracts in progress | 3 | €6,056 | €6,056 | = | 0.0% |
| Stocks | 30/36 | €6,056 | €6,056 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €128,612 | €174,209 | +€45,597 | +35.5% |
| Trade receivables | 40 | €64,874 | €105,391 | +€40,517 | +62.5% |
| Other amounts receivable | 41 | €63,738 | €68,818 | +€5,080 | +8.0% |
| Current investments | 50/53 | €150,849 | €0 | -€150,849 | -100.0% |
| Cash at bank and in hand | 54/58 | €115,252 | €213,698 | +€98,446 | +85.4% |
| Deferred charges and accrued income | 490/1 | €8,055 | €5,035 | -€3,020 | -37.5% |
| Total equity and liabilities | 10/49 | €1,005,258 | €974,097 | -€31,161 | -3.1% |
| Equity | 10/15 | €598,658 | €588,043 | -€10,615 | -1.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €592,458 | €581,843 | -€10,615 | -1.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €105,250 | €105,250 | = | 0.0% |
| Distributable reserves | 133 | €487,208 | €476,593 | -€10,615 | -2.2% |
| Provisions and deferred taxes | 16 | €73,300 | €73,300 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €73,300 | €73,300 | = | 0.0% |
| Pensions and similar obligations | 160 | €73,300 | €73,300 | = | 0.0% |
| Amounts payable | 17/49 | €333,300 | €312,754 | -€20,546 | -6.2% |
| Amounts payable after more than one year | 17 | €287,272 | €270,895 | -€16,376 | -5.7% |
| Financial debts | 170/4 | €286,370 | €269,993 | -€16,376 | -5.7% |
| Other amounts payable | 178/9 | €902 | €902 | = | 0.0% |
| Amounts payable within one year | 42/48 | €46,028 | €40,867 | -€5,161 | -11.2% |
| Current portion of amounts payable after more than one year | 42 | €16,187 | €16,376 | +€190 | +1.2% |
| Trade debts | 44 | €2,006 | €2,145 | +€138 | +6.9% |
| Suppliers | 440/4 | €2,006 | €2,145 | +€138 | +6.9% |
| Taxes, remuneration and social security | 45 | €9,427 | €11,784 | +€2,357 | +25.0% |
| Taxes | 450/3 | €9,427 | €2,784 | -€6,643 | -70.5% |
| Remuneration and social security | 454/9 | - | €9,000 | +€9,000 | |
| Other amounts payable | 47/48 | €18,408 | €10,562 | -€7,846 | -42.6% |
| Accrued charges and deferred income | 492/3 | - | €991 | +€991 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,134 | €30,225 | -€1,909 | -5.9% |
| Other operating charges | 640/8 | €6,677 | €3,690 | -€2,987 | -44.7% |
| Gross operating margin | 9900 | €49,268 | €31,497 | -€17,770 | -36.1% |
| Operating profit (loss) | 9901 | €10,458 | -€2,417 | -€12,874 | |
| Financial income | 75/76B | €1,604 | €897 | -€708 | -44.1% |
| Recurring financial income | 75 | €1,604 | €897 | -€708 | -44.1% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €8,273 | €8,097 | -€176 | -2.1% |
| Recurring financial charges | 65 | €8,273 | €8,097 | -€176 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €3,789 | -€9,617 | -€13,406 | |
| Income taxes | 67/77 | €4,339 | €998 | -€3,341 | -77.0% |
| Profit (loss) for the period | 9904 | -€550 | -€10,615 | -€10,065 | -1829.5% |
| Transfer from tax-exempt reserves | 789 | €17,800 | €0 | -€17,800 | -100.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €17,250 | -€10,615 | -€27,865 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.