AvantSage: 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.
AvantSage
Largest movements
- Receivables within one year -€165,986
down €165,986 (-97.2%), from €170,694 to €4,708
of which Trade receivables: -€143,165
- Cash -€151,787
down €151,787 (-63.6%), from €238,814 to €87,027
mainly Other debts (-€123,301) and Contributions, distributions and other (-€76,699)
- Deferred charges and accrued income +€5,224
up €5,224 (+368.0%), from €1,420 to €6,644
- Other debts -€123,301
down €123,301 (-61.7%), from €200,000 to €76,699
- Profit (loss) carried forward -€120,558
down €120,558 (-100.0%), from €120,558 to €0
- Trade debts -€68,056
down €68,056 (-95.0%), from €71,628 to €3,572
- Gross operating margin -€344,894
down €344,894, from €301,084 to -€43,810
- Taxes -€75,722
down €75,722, from €74,693 to -€1,030
- Depreciation -€3,754
down €3,754 (-91.3%), from €4,114 to €360
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.
Cash bridge derived
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 | €416,878 | €103,969 | -€312,909 | -75.1% |
| Fixed assets | 21/28 | €5,950 | €5,590 | -€360 | -6.0% |
| Intangible fixed assets | 21 | €360 | €0 | -€360 | -100.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €5,590 | €5,590 | = | 0.0% |
| Current assets | 29/58 | €410,928 | €98,379 | -€312,549 | -76.1% |
| Amounts receivable within one year | 40/41 | €170,694 | €4,708 | -€165,986 | -97.2% |
| Trade receivables | 40 | €146,143 | €2,978 | -€143,165 | -98.0% |
| Other amounts receivable | 41 | €24,551 | €1,730 | -€22,821 | -93.0% |
| Cash at bank and in hand | 54/58 | €238,814 | €87,027 | -€151,787 | -63.6% |
| Deferred charges and accrued income | 490/1 | €1,420 | €6,644 | +€5,224 | +368.0% |
| Total equity and liabilities | 10/49 | €416,878 | €103,969 | -€312,909 | -75.1% |
| Equity | 10/15 | €140,558 | €20,000 | -€120,558 | -85.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €120,558 | €0 | -€120,558 | -100.0% |
| Amounts payable | 17/49 | €276,320 | €83,969 | -€192,351 | -69.6% |
| Amounts payable within one year | 42/48 | €276,320 | €83,934 | -€192,386 | -69.6% |
| Trade debts | 44 | €71,628 | €3,572 | -€68,056 | -95.0% |
| Suppliers | 440/4 | €71,628 | €3,572 | -€68,056 | -95.0% |
| Taxes, remuneration and social security | 45 | €4,693 | €3,663 | -€1,030 | -21.9% |
| Taxes | 450/3 | €4,693 | €3,663 | -€1,030 | -21.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €200,000 | €76,699 | -€123,301 | -61.7% |
| Accrued charges and deferred income | 492/3 | - | €35 | +€35 | |
| Remuneration, social security and pensions | 62 | €1,625 | €0 | -€1,625 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,114 | €360 | -€3,754 | -91.3% |
| Other operating charges | 640/8 | €447 | €400 | -€48 | -10.6% |
| Gross operating margin | 9900 | €301,084 | -€43,810 | -€344,894 | |
| Operating profit (loss) | 9901 | €294,898 | -€44,569 | -€339,467 | |
| Financial charges | 65/66B | €246 | €319 | +€73 | +29.5% |
| Recurring financial charges | 65 | €246 | €319 | +€73 | +29.5% |
| Profit (loss) for the period before taxes | 9903 | €294,651 | -€44,888 | -€339,540 | |
| Income taxes | 67/77 | €74,693 | -€1,030 | -€75,722 | |
| Profit (loss) for the period | 9904 | €219,959 | -€43,859 | -€263,818 | |
| Profit (loss) for the period to be appropriated | 9905 | €219,959 | -€43,859 | -€263,818 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.