AVAST: 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.
AVAST
Largest movements
- Financial fixed assets +€304,069
up €304,069 (+121,627%), from €250 to €304,319
- Cash -€76,724
down €76,724 (-13.5%), from €566,478 to €489,754
mainly Investment in fixed assets (net) (-€311,941) and Contributions, distributions and other (-€75,818)
- Receivables within one year -€14,971
no longer reported in 2025 (was €14,971)
of which Trade receivables: -€14,745
- Reserves +€159,145
up €159,145 (+24.5%), from €649,794 to €808,939
of which Distributable reserves: +€159,145
- Tax, wage and social debts +€24,347
up €24,347 (+285%), from €8,532 to €32,880
- Other debts +€20,707
up €20,707 (+180%), from €11,482 to €32,188
- Gross operating margin +€138,650
up €138,650 (+66.2%), from €209,436 to €348,086
- Taxes +€43,749
up €43,749 (+72.6%), from €60,239 to €103,988
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 | €685,362 | €896,445 | +€211,082 | +30.8% |
| Fixed assets | 21/28 | €102,970 | €405,766 | +€302,796 | +294% |
| Tangible fixed assets | 22/27 | €102,720 | €101,447 | -€1,273 | -1.2% |
| Land and buildings | 22 | €92,974 | €89,201 | -€3,774 | -4.1% |
| Furniture and vehicles | 24 | €9,746 | €4,912 | -€4,834 | -49.6% |
| Other tangible fixed assets | 26 | - | €7,335 | +€7,335 | |
| Financial fixed assets | 28 | €250 | €304,319 | +€304,069 | +121,627% |
| Current assets | 29/58 | €582,393 | €490,679 | -€91,714 | -15.7% |
| Amounts receivable within one year | 40/41 | €14,971 | - | -€14,971 | |
| Trade receivables | 40 | €14,745 | - | -€14,745 | |
| Other amounts receivable | 41 | €225 | - | -€225 | |
| Cash at bank and in hand | 54/58 | €566,478 | €489,754 | -€76,724 | -13.5% |
| Deferred charges and accrued income | 490/1 | €944 | €925 | -€19 | -2.0% |
| Total equity and liabilities | 10/49 | €685,362 | €896,445 | +€211,082 | +30.8% |
| Equity | 10/15 | €664,062 | €822,374 | +€158,312 | +23.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €649,794 | €808,939 | +€159,145 | +24.5% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €89 | €89 | = | 0.0% |
| Distributable reserves | 133 | €647,850 | €806,995 | +€159,145 | +24.6% |
| Profit (loss) carried forward | 14 | €1,868 | €1,035 | -€833 | -44.6% |
| Amounts payable | 17/49 | €21,301 | €74,071 | +€52,770 | +248% |
| Amounts payable within one year | 42/48 | €21,301 | €74,071 | +€52,770 | +248% |
| Trade debts | 44 | €1,287 | €9,003 | +€7,716 | +600% |
| Suppliers | 440/4 | €1,287 | €9,003 | +€7,716 | +600% |
| Taxes, remuneration and social security | 45 | €8,532 | €32,880 | +€24,347 | +285% |
| Taxes | 450/3 | €8,532 | €32,880 | +€24,347 | +285% |
| Other amounts payable | 47/48 | €11,482 | €32,188 | +€20,707 | +180% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,063 | €9,145 | +€81 | +0.9% |
| Other operating charges | 640/8 | €1,747 | €2,120 | +€373 | +21.4% |
| Gross operating margin | 9900 | €209,436 | €348,086 | +€138,650 | +66.2% |
| Operating profit (loss) | 9901 | €198,625 | €336,821 | +€138,195 | +69.6% |
| Financial income | 75/76B | €1,444 | €1,515 | +€71 | +4.9% |
| Recurring financial income | 75 | €1,444 | €1,515 | +€71 | +4.9% |
| Financial charges | 65/66B | €374 | €217 | -€157 | -42.1% |
| Recurring financial charges | 65 | €374 | €217 | -€157 | -42.1% |
| Profit (loss) for the period before taxes | 9903 | €199,695 | €338,119 | +€138,424 | +69.3% |
| Income taxes | 67/77 | €60,239 | €103,988 | +€43,749 | +72.6% |
| Profit (loss) for the period | 9904 | €139,456 | €234,130 | +€94,675 | +67.9% |
| Profit (loss) for the period to be appropriated | 9905 | €139,456 | €234,130 | +€94,675 | +67.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.