AVANTYS: 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.
AVANTYS
Largest movements
- Receivables within one year +€84,083
up €84,083 (+560%), from €15,010 to €99,092
of which Trade receivables: +€69,545
- Tangible fixed assets +€49,299
up €49,299 (+2,834%), from €1,739 to €51,038
- Cash -€18,044
down €18,044 (-39.5%), from €45,643 to €27,599
mainly Receivables within one year (-€84,083) and Investment in fixed assets (net) (-€58,533)
- Trade debts +€55,390
up €55,390 (+6,524%), from €849 to €56,239
- Debts after one year +€28,551
new in 2025: €28,551
- Reserves +€20,823
up €20,823 (+43.0%), from €48,411 to €69,235
- Current portion of long-term debt +€12,851
new in 2025: €12,851
- Tax, wage and social debts -€3,037
down €3,037 (-16.9%), from €18,020 to €14,983
of which Taxes: -€3,253
- Gross operating margin -€22,843
down €22,843 (-37.1%), from €61,528 to €38,685
- Depreciation +€8,055
up €8,055 (+8,157%), from €99 to €8,154
- Taxes -€6,856
down €6,856 (-53.7%), from €12,772 to €5,916
- Other operating charges +€1,962
up €1,962 (+2,898%), from €68 to €2,030
- Financial charges +€1,583
up €1,583 (+887%), from €178 to €1,761
of which Financial charges: +€1,583
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.
Derived cash bridge
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 | €73,549 | €188,993 | +€115,444 | +157% |
| Fixed assets | 21/28 | €1,739 | €52,118 | +€50,379 | +2,897% |
| Intangible fixed assets | 21 | - | €1,080 | +€1,080 | |
| Tangible fixed assets | 22/27 | €1,739 | €51,038 | +€49,299 | +2,834% |
| Furniture and vehicles | 24 | €1,739 | €51,038 | +€49,299 | +2,834% |
| Current assets | 29/58 | €71,809 | €136,875 | +€65,066 | +90.6% |
| Amounts receivable within one year | 40/41 | €15,010 | €99,092 | +€84,083 | +560% |
| Trade receivables | 40 | €14,995 | €84,540 | +€69,545 | +464% |
| Other amounts receivable | 41 | €15 | €14,553 | +€14,538 | +99,169% |
| Cash at bank and in hand | 54/58 | €45,643 | €27,599 | -€18,044 | -39.5% |
| Deferred charges and accrued income | 490/1 | €11,157 | €10,183 | -€973 | -8.7% |
| Total equity and liabilities | 10/49 | €73,549 | €188,993 | +€115,444 | +157% |
| Equity | 10/15 | €50,411 | €71,235 | +€20,823 | +41.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €48,411 | €69,235 | +€20,823 | +43.0% |
| Distributable reserves | 133 | €48,411 | €69,235 | +€20,823 | +43.0% |
| Amounts payable | 17/49 | €23,137 | €117,758 | +€94,621 | +409% |
| Amounts payable after more than one year | 17 | - | €28,551 | +€28,551 | |
| Financial debts | 170/4 | - | €28,551 | +€28,551 | |
| Amounts payable within one year | 42/48 | €23,137 | €86,182 | +€63,045 | +272% |
| Current portion of amounts payable after more than one year | 42 | - | €12,851 | +€12,851 | |
| Trade debts | 44 | €849 | €56,239 | +€55,390 | +6,524% |
| Suppliers | 440/4 | €849 | €56,239 | +€55,390 | +6,524% |
| Taxes, remuneration and social security | 45 | €18,020 | €14,983 | -€3,037 | -16.9% |
| Taxes | 450/3 | €18,020 | €14,767 | -€3,253 | -18.1% |
| Remuneration and social security | 454/9 | - | €216 | +€216 | |
| Other amounts payable | 47/48 | €4,268 | €2,109 | -€2,159 | -50.6% |
| Accrued charges and deferred income | 492/3 | - | €3,025 | +€3,025 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99 | €8,154 | +€8,055 | +8,157% |
| Other operating charges | 640/8 | €68 | €2,030 | +€1,962 | +2,898% |
| Gross operating margin | 9900 | €61,528 | €38,685 | -€22,843 | -37.1% |
| Operating profit (loss) | 9901 | €61,361 | €28,501 | -€32,861 | -53.6% |
| Financial charges | 65/66B | €178 | €1,761 | +€1,583 | +887% |
| Recurring financial charges | 65 | €115 | €1,698 | +€1,583 | +1,373% |
| Non-recurring financial charges | 66B | €63 | €63 | +€0 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €61,183 | €26,740 | -€34,444 | -56.3% |
| Income taxes | 67/77 | €12,772 | €5,916 | -€6,856 | -53.7% |
| Profit (loss) for the period | 9904 | €48,411 | €20,823 | -€27,588 | -57.0% |
| Profit (loss) for the period to be appropriated | 9905 | €48,411 | €20,823 | -€27,588 | -57.0% |
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 29 October 2026 via checked.be.