Avartana: 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.
Avartana
Largest movements
- Cash +€9,961
up €9,961 (+23.2%), from €43,018 to €52,980
mainly Net result for the year (+€45,126) and Tax, wage and social debts (+€12,178)
- Receivables within one year +€3,814
up €3,814 (+16.3%), from €23,331 to €27,145
of which Trade receivables: +€3,814
- Deferred charges and accrued income +€2,269
up €2,269 (+136%), from €1,670 to €3,939
- Tax, wage and social debts +€12,178
up €12,178 (+130%), from €9,393 to €21,571
of which Taxes: +€14,328
- Profit (loss) carried forward +€5,126
up €5,126 (+12.8%), from €40,135 to €45,261
- Gross operating margin -€1,965
down €1,965 (-3.3%), from €59,298 to €57,333
- Financial income +€1,505
up €1,505 (+7,522,900%), from €0 to €1,505
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 | €122,886 | €138,216 | +€15,331 | +12.5% |
| Fixed assets | 21/28 | €4,867 | €4,153 | -€714 | -14.7% |
| Tangible fixed assets | 22/27 | €4,867 | €4,153 | -€714 | -14.7% |
| Plant, machinery and equipment | 23 | €1,064 | €734 | -€330 | -31.0% |
| Other tangible fixed assets | 26 | €3,803 | €3,419 | -€383 | -10.1% |
| Current assets | 29/58 | €118,019 | €134,063 | +€16,044 | +13.6% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €23,331 | €27,145 | +€3,814 | +16.3% |
| Trade receivables | 40 | €20,964 | €24,778 | +€3,814 | +18.2% |
| Other amounts receivable | 41 | €2,367 | €2,367 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €43,018 | €52,980 | +€9,961 | +23.2% |
| Deferred charges and accrued income | 490/1 | €1,670 | €3,939 | +€2,269 | +136% |
| Total equity and liabilities | 10/49 | €122,886 | €138,216 | +€15,331 | +12.5% |
| Equity | 10/15 | €109,935 | €115,061 | +€5,126 | +4.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €66,800 | €66,800 | = | 0.0% |
| Distributable reserves | 133 | €66,800 | €66,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,135 | €45,261 | +€5,126 | +12.8% |
| Amounts payable | 17/49 | €12,951 | €23,155 | +€10,205 | +78.8% |
| Amounts payable within one year | 42/48 | €12,536 | €23,155 | +€10,620 | +84.7% |
| Trade debts | 44 | €1,885 | €528 | -€1,357 | -72.0% |
| Suppliers | 440/4 | €1,885 | €528 | -€1,357 | -72.0% |
| Taxes, remuneration and social security | 45 | €9,393 | €21,571 | +€12,178 | +130% |
| Taxes | 450/3 | €7,243 | €21,571 | +€14,328 | +198% |
| Remuneration and social security | 454/9 | €2,150 | - | -€2,150 | |
| Other amounts payable | 47/48 | €1,258 | €1,057 | -€201 | -16.0% |
| Accrued charges and deferred income | 492/3 | €415 | - | -€415 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €362 | €714 | +€352 | +97.3% |
| Other operating charges | 640/8 | €565 | €585 | +€21 | +3.7% |
| Gross operating margin | 9900 | €59,298 | €57,333 | -€1,965 | -3.3% |
| Operating profit (loss) | 9901 | €58,372 | €56,034 | -€2,338 | -4.0% |
| Financial income | 75/76B | €0 | €1,505 | +€1,505 | +7,522,900% |
| Recurring financial income | 75 | €0 | €1,505 | +€1,505 | +7,522,900% |
| Financial charges | 65/66B | €104 | €113 | +€9 | +8.4% |
| Recurring financial charges | 65 | €104 | €113 | +€9 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €58,267 | €57,425 | -€842 | -1.4% |
| Income taxes | 67/77 | €12,633 | €12,299 | -€334 | -2.6% |
| Profit (loss) for the period | 9904 | €45,634 | €45,126 | -€508 | -1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €45,634 | €45,126 | -€508 | -1.1% |
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 20 October 2026 via checked.be.