AVENI - TECHNICS: 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.
AVENI - TECHNICS
Largest movements
- Receivables within one year +€75,146
up €75,146 (+102%), from €73,665 to €148,811
of which Trade receivables: +€71,660
- Cash -€52,929
down €52,929 (-94.4%), from €56,057 to €3,128
mainly Receivables within one year (-€75,146) and Investment in fixed assets (net) (-€27,276)
- Tangible fixed assets -€25,137
down €25,137 (-5.1%), from €492,294 to €467,157
of which Furniture and vehicles: -€43,802
- Debts after one year -€18,249
down €18,249 (-11.7%), from €155,546 to €137,297
- Reserves +€13,324
up €13,324 (+3.8%), from €354,315 to €367,638
of which Distributable reserves: +€13,324
- Short-term financial debts +€10,000
up €10,000 (+25.0%), from €40,000 to €50,000
- Tax, wage and social debts -€9,307
down €9,307 (-42.6%), from €21,824 to €12,516
- Gross operating margin -€56,900
down €56,900 (-40.1%), from €141,894 to €84,994
- Taxes -€18,888
down €18,888 (-76.7%), from €24,622 to €5,735
- Depreciation +€14,299
up €14,299 (+37.5%), from €38,114 to €52,413
- Other operating charges -€5,396
down €5,396 (-91.4%), from €5,902 to €506
- Financial charges +€3,007
up €3,007 (+28.8%), from €10,434 to €13,441
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 | €728,531 | €723,561 | -€4,970 | -0.7% |
| Fixed assets | 21/28 | €575,188 | €550,051 | -€25,137 | -4.4% |
| Tangible fixed assets | 22/27 | €492,294 | €467,157 | -€25,137 | -5.1% |
| Land and buildings | 22 | €338,295 | €361,339 | +€23,043 | +6.8% |
| Plant, machinery and equipment | 23 | €12,136 | €7,758 | -€4,378 | -36.1% |
| Furniture and vehicles | 24 | €141,862 | €98,060 | -€43,802 | -30.9% |
| Financial fixed assets | 28 | €82,894 | €82,894 | = | 0.0% |
| Current assets | 29/58 | €153,343 | €173,510 | +€20,167 | +13.2% |
| Stocks and contracts in progress | 3 | €21,500 | €18,950 | -€2,550 | -11.9% |
| Stocks | 30/36 | €21,500 | €18,950 | -€2,550 | -11.9% |
| Amounts receivable within one year | 40/41 | €73,665 | €148,811 | +€75,146 | +102% |
| Trade receivables | 40 | €44,731 | €116,391 | +€71,660 | +160% |
| Other amounts receivable | 41 | €28,934 | €32,420 | +€3,487 | +12.1% |
| Cash at bank and in hand | 54/58 | €56,057 | €3,128 | -€52,929 | -94.4% |
| Deferred charges and accrued income | 490/1 | €2,121 | €2,621 | +€500 | +23.6% |
| Total equity and liabilities | 10/49 | €728,531 | €723,561 | -€4,970 | -0.7% |
| Equity | 10/15 | €433,621 | €446,945 | +€13,324 | +3.1% |
| Contributions | 10/11 | €25,084 | €25,084 | = | 0.0% |
| Reserves | 13 | €354,315 | €367,638 | +€13,324 | +3.8% |
| Tax-exempt reserves | 132 | €7,016 | €7,016 | = | 0.0% |
| Distributable reserves | 133 | €347,299 | €360,622 | +€13,324 | +3.8% |
| Profit (loss) carried forward | 14 | €54,223 | €54,223 | = | 0.0% |
| Amounts payable | 17/49 | €294,909 | €276,616 | -€18,293 | -6.2% |
| Amounts payable after more than one year | 17 | €155,546 | €137,297 | -€18,249 | -11.7% |
| Financial debts | 170/4 | €155,546 | €137,297 | -€18,249 | -11.7% |
| Amounts payable within one year | 42/48 | €139,364 | €138,857 | -€507 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €32,494 | €28,249 | -€4,245 | -13.1% |
| Financial debts | 43 | €40,000 | €50,000 | +€10,000 | +25.0% |
| Credit institutions | 430/8 | €40,000 | €50,000 | +€10,000 | +25.0% |
| Trade debts | 44 | €26,074 | €26,064 | -€10 | 0.0% |
| Suppliers | 440/4 | €26,074 | €26,064 | -€10 | 0.0% |
| Advances received on contracts in progress | 46 | €3,851 | €3,851 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €21,824 | €12,516 | -€9,307 | -42.6% |
| Taxes | 450/3 | €21,824 | €12,516 | -€9,307 | -42.6% |
| Other amounts payable | 47/48 | €15,121 | €18,176 | +€3,056 | +20.2% |
| Accrued charges and deferred income | 492/3 | - | €463 | +€463 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,114 | €52,413 | +€14,299 | +37.5% |
| Other operating charges | 640/8 | €5,902 | €506 | -€5,396 | -91.4% |
| Gross operating margin | 9900 | €141,894 | €84,994 | -€56,900 | -40.1% |
| Operating profit (loss) | 9901 | €97,879 | €32,075 | -€65,804 | -67.2% |
| Financial income | 75/76B | €1,770 | €424 | -€1,345 | -76.0% |
| Recurring financial income | 75 | €1,770 | €424 | -€1,345 | -76.0% |
| Financial charges | 65/66B | €10,434 | €13,441 | +€3,007 | +28.8% |
| Recurring financial charges | 65 | €10,434 | €13,441 | +€3,007 | +28.8% |
| Profit (loss) for the period before taxes | 9903 | €89,214 | €19,058 | -€70,156 | -78.6% |
| Income taxes | 67/77 | €24,622 | €5,735 | -€18,888 | -76.7% |
| Profit (loss) for the period | 9904 | €64,592 | €13,324 | -€51,268 | -79.4% |
| Profit (loss) for the period to be appropriated | 9905 | €64,592 | €13,324 | -€51,268 | -79.4% |
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 26 October 2026 via checked.be.