AVANTUS: 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.
AVANTUS
Largest movements
- Cash +€23,116
up €23,116 (+23.9%), from €96,618 to €119,734
mainly Net result for the year (+€12,973) and Tax, wage and social debts (+€4,201)
- Deferred charges and accrued income -€2,916
down €2,916 (-56.3%), from €5,177 to €2,261
- Tangible fixed assets -€2,495
down €2,495 (-27.5%), from €9,076 to €6,582
of which Furniture and vehicles: -€2,717
- Receivables within one year -€2,313
down €2,313 (-6.5%), from €35,609 to €33,296
of which Trade receivables: -€4,440
- Reserves +€12,973
up €12,973 (+9.9%), from €130,733 to €143,705
- Tax, wage and social debts +€4,201
up €4,201 (+177.9%), from €2,361 to €6,562
- Gross operating margin +€8,784
up €8,784 (+52.4%), from €16,772 to €25,556
- Financial charges -€1,051
down €1,051 (-45.2%), from €2,324 to €1,273
- Taxes +€907
up €907 (+15.6%), from €5,813 to €6,720
- Depreciation +€452
up €452 (+14.1%), from €3,198 to €3,651
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 | €146,480 | €161,872 | +€15,392 | +10.5% |
| Fixed assets | 21/28 | €9,076 | €6,582 | -€2,495 | -27.5% |
| Tangible fixed assets | 22/27 | €9,076 | €6,582 | -€2,495 | -27.5% |
| Plant, machinery and equipment | 23 | €3,563 | €3,785 | +€223 | +6.2% |
| Furniture and vehicles | 24 | €5,513 | €2,796 | -€2,717 | -49.3% |
| Current assets | 29/58 | €137,404 | €155,291 | +€17,887 | +13.0% |
| Amounts receivable within one year | 40/41 | €35,609 | €33,296 | -€2,313 | -6.5% |
| Trade receivables | 40 | €24,972 | €20,532 | -€4,440 | -17.8% |
| Other amounts receivable | 41 | €10,637 | €12,764 | +€2,127 | +20.0% |
| Cash at bank and in hand | 54/58 | €96,618 | €119,734 | +€23,116 | +23.9% |
| Deferred charges and accrued income | 490/1 | €5,177 | €2,261 | -€2,916 | -56.3% |
| Total equity and liabilities | 10/49 | €146,480 | €161,872 | +€15,392 | +10.5% |
| Equity | 10/15 | €136,933 | €149,905 | +€12,973 | +9.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €130,733 | €143,705 | +€12,973 | +9.9% |
| Distributable reserves | 133 | €130,733 | €143,705 | +€12,973 | +9.9% |
| Amounts payable | 17/49 | €9,547 | €11,967 | +€2,420 | +25.3% |
| Amounts payable within one year | 42/48 | €9,547 | €11,967 | +€2,420 | +25.3% |
| Trade debts | 44 | €3,020 | €1,517 | -€1,504 | -49.8% |
| Suppliers | 440/4 | €3,020 | €1,517 | -€1,504 | -49.8% |
| Taxes, remuneration and social security | 45 | €2,361 | €6,562 | +€4,201 | +177.9% |
| Taxes | 450/3 | €2,361 | €6,562 | +€4,201 | +177.9% |
| Other amounts payable | 47/48 | €4,166 | €3,888 | -€278 | -6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,198 | €3,651 | +€452 | +14.1% |
| Other operating charges | 640/8 | €891 | €940 | +€49 | +5.5% |
| Gross operating margin | 9900 | €16,772 | €25,556 | +€8,784 | +52.4% |
| Operating profit (loss) | 9901 | €12,683 | €20,966 | +€8,282 | +65.3% |
| Financial charges | 65/66B | €2,324 | €1,273 | -€1,051 | -45.2% |
| Recurring financial charges | 65 | €2,324 | €1,273 | -€1,051 | -45.2% |
| Profit (loss) for the period before taxes | 9903 | €10,359 | €19,693 | +€9,334 | +90.1% |
| Income taxes | 67/77 | €5,813 | €6,720 | +€907 | +15.6% |
| Profit (loss) for the period | 9904 | €4,546 | €12,973 | +€8,426 | +185.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,546 | €12,973 | +€8,426 | +185.3% |
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 12 October 2026 via checked.be.