AVENATURE: 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.
AVENATURE
Largest movements
- Tangible fixed assets -€27,027
down €27,027 (-15.3%), from €176,528 to €149,501
of which Plant, machinery and equipment: -€20,302
- Cash +€24,680
up €24,680 (+130.2%), from €18,960 to €43,640
mainly Depreciation (+€27,514) and Other debts (+€14,320)
- Receivables within one year +€15,723
up €15,723 (+320.5%), from €4,906 to €20,629
of which Trade receivables: +€15,616
- Intangible fixed assets +€6,443
up €6,443, from €0 to €6,443
- Debts after one year -€21,242
down €21,242 (-15.5%), from €137,200 to €115,957
- Other debts +€14,320
up €14,320 (+51.8%), from €27,624 to €41,944
- Trade debts +€11,505
up €11,505 (+65.9%), from €17,460 to €28,965
- Profit (loss) carried forward +€9,162
up €9,162 (+21.0%), from -€43,677 to -€34,515
- Tax, wage and social debts +€5,064
up €5,064 (+23.4%), from €21,610 to €26,674
of which Remuneration and social security: +€8,121
- Gross operating margin +€52,790
up €52,790 (+45.1%), from €117,173 to €169,963
- Staff costs +€25,515
up €25,515 (+25.7%), from €99,276 to €124,790
- Depreciation +€1,716
up €1,716 (+6.7%), from €25,798 to €27,514
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 | €202,376 | €220,830 | +€18,454 | +9.1% |
| Fixed assets | 21/28 | €176,528 | €156,044 | -€20,484 | -11.6% |
| Intangible fixed assets | 21 | €0 | €6,443 | +€6,443 | |
| Tangible fixed assets | 22/27 | €176,528 | €149,501 | -€27,027 | -15.3% |
| Plant, machinery and equipment | 23 | €162,384 | €142,082 | -€20,302 | -12.5% |
| Furniture and vehicles | 24 | €767 | €226 | -€541 | -70.6% |
| Leasing and similar rights | 25 | €12,129 | €7,193 | -€4,935 | -40.7% |
| Other tangible fixed assets | 26 | €1,248 | €0 | -€1,248 | -100.0% |
| Financial fixed assets | 28 | - | €100 | +€100 | |
| Current assets | 29/58 | €25,848 | €64,786 | +€38,938 | +150.6% |
| Stocks and contracts in progress | 3 | - | €0 | = | |
| Stocks | 30/36 | - | €0 | = | |
| Contracts in progress | 37 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €4,906 | €20,629 | +€15,723 | +320.5% |
| Trade receivables | 40 | €4,310 | €19,925 | +€15,616 | +362.3% |
| Other amounts receivable | 41 | €596 | €704 | +€108 | +18.1% |
| Cash at bank and in hand | 54/58 | €18,960 | €43,640 | +€24,680 | +130.2% |
| Deferred charges and accrued income | 490/1 | €1,983 | €518 | -€1,465 | -73.9% |
| Total equity and liabilities | 10/49 | €202,376 | €220,830 | +€18,454 | +9.1% |
| Equity | 10/15 | -€25,077 | -€15,915 | +€9,162 | +36.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,677 | -€34,515 | +€9,162 | +21.0% |
| Amounts payable | 17/49 | €227,453 | €236,745 | +€9,292 | +4.1% |
| Amounts payable after more than one year | 17 | €137,200 | €115,957 | -€21,242 | -15.5% |
| Financial debts | 170/4 | €137,200 | €115,957 | -€21,242 | -15.5% |
| Amounts payable within one year | 42/48 | €88,881 | €120,483 | +€31,602 | +35.6% |
| Current portion of amounts payable after more than one year | 42 | €22,076 | €22,642 | +€567 | +2.6% |
| Financial debts | 43 | €111 | €257 | +€146 | +131.0% |
| Credit institutions | 430/8 | €111 | €257 | +€146 | +131.0% |
| Trade debts | 44 | €17,460 | €28,965 | +€11,505 | +65.9% |
| Suppliers | 440/4 | €17,460 | €28,965 | +€11,505 | +65.9% |
| Taxes, remuneration and social security | 45 | €21,610 | €26,674 | +€5,064 | +23.4% |
| Taxes | 450/3 | €9,208 | €6,152 | -€3,056 | -33.2% |
| Remuneration and social security | 454/9 | €12,401 | €20,522 | +€8,121 | +65.5% |
| Other amounts payable | 47/48 | €27,624 | €41,944 | +€14,320 | +51.8% |
| Accrued charges and deferred income | 492/3 | €1,372 | €305 | -€1,067 | -77.8% |
| Remuneration, social security and pensions | 62 | €99,276 | €124,790 | +€25,515 | +25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,798 | €27,514 | +€1,716 | +6.7% |
| Other operating charges | 640/8 | €2,635 | €2,238 | -€397 | -15.1% |
| Gross operating margin | 9900 | €117,173 | €169,963 | +€52,790 | +45.1% |
| Operating profit (loss) | 9901 | -€10,535 | €15,421 | +€25,957 | |
| Financial income | 75/76B | €202 | €103 | -€99 | -49.1% |
| Recurring financial income | 75 | €202 | €103 | -€99 | -49.1% |
| Financial charges | 65/66B | €7,284 | €6,362 | -€922 | -12.7% |
| Recurring financial charges | 65 | €7,284 | €6,362 | -€922 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | -€17,618 | €9,162 | +€26,780 | |
| Profit (loss) for the period | 9904 | -€17,618 | €9,162 | +€26,780 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,618 | €9,162 | +€26,780 |
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.