AVE LINE: 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.
AVE LINE
Largest movements
- Cash -€19,597
down €19,597 (-97.5%), from €20,099 to €503
mainly Other debts (-€13,393) and Net result for the year (-€8,637)
- Tangible fixed assets -€9,311
down €9,311 (-7.6%), from €122,930 to €113,620
of which Land and buildings: -€9,089
- Other debts -€13,393
down €13,393 (-9.1%), from €147,364 to €133,971
- Profit (loss) carried forward -€8,637
down €8,637 (-9.0%), from -€96,440 to -€105,078
- Trade debts -€6,773
down €6,773 (-38.2%), from €17,738 to €10,965
- Other operating charges +€3,996
up €3,996 (+125.1%), from €3,193 to €7,188
- Gross operating margin +€3,447
up €3,447 (+67.8%), from €5,087 to €8,534
- Financial charges -€99
down €99 (-12.8%), from €771 to €673
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 | €143,030 | €114,226 | -€28,803 | -20.1% |
| Fixed assets | 21/28 | €122,930 | €113,620 | -€9,311 | -7.6% |
| Tangible fixed assets | 22/27 | €122,930 | €113,620 | -€9,311 | -7.6% |
| Land and buildings | 22 | €122,709 | €113,620 | -€9,089 | -7.4% |
| Furniture and vehicles | 24 | €221 | €0 | -€221 | -100.0% |
| Current assets | 29/58 | €20,099 | €607 | -€19,493 | -97.0% |
| Cash at bank and in hand | 54/58 | €20,099 | €503 | -€19,597 | -97.5% |
| Deferred charges and accrued income | 490/1 | - | €104 | +€104 | |
| Total equity and liabilities | 10/49 | €143,030 | €114,226 | -€28,803 | -20.1% |
| Equity | 10/15 | -€22,072 | -€30,710 | -€8,637 | -39.1% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,440 | -€105,078 | -€8,637 | -9.0% |
| Amounts payable | 17/49 | €165,102 | €144,936 | -€20,166 | -12.2% |
| Amounts payable within one year | 42/48 | €165,102 | €144,936 | -€20,166 | -12.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €17,738 | €10,965 | -€6,773 | -38.2% |
| Suppliers | 440/4 | €17,738 | €10,965 | -€6,773 | -38.2% |
| Other amounts payable | 47/48 | €147,364 | €133,971 | -€13,393 | -9.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,338 | €9,311 | -€28 | -0.3% |
| Other operating charges | 640/8 | €3,193 | €7,188 | +€3,996 | +125.1% |
| Gross operating margin | 9900 | €5,087 | €8,534 | +€3,447 | +67.8% |
| Operating profit (loss) | 9901 | -€7,445 | -€7,965 | -€520 | -7.0% |
| Financial charges | 65/66B | €771 | €673 | -€99 | -12.8% |
| Recurring financial charges | 65 | €771 | €673 | -€99 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,216 | -€8,637 | -€422 | -5.1% |
| Profit (loss) for the period | 9904 | -€8,216 | -€8,637 | -€422 | -5.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,216 | -€8,637 | -€422 | -5.1% |
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 6 October 2026 via checked.be.