AVENIR ENERGIE: what changed
AVENIR ENERGIE
Largest movements
- Receivables within one year -€154,864
down €154,864 (-56.4%), from €274,586 to €119,721
of which Trade receivables: -€150,498
- Cash -€6,051
down €6,051 (-22.0%), from €27,502 to €21,451
mainly Advances received (-€131,539) and Net result for the year (-€33,247)
- Stocks and contracts +€5,842
up €5,842 (+16.1%), from €36,200 to €42,042
of which Contracts in progress: +€5,842
- Advances received -€131,539
down €131,539 (-93.3%), from €141,016 to €9,477
- Trade debts +€49,885
up €49,885 (+39.6%), from €125,872 to €175,757
- Profit (loss) carried forward -€33,247
down €33,247, from €9,266 to -€23,981
- Debts after one year -€17,670
down €17,670 (-100%), from €17,670 to €0
- Tax, wage and social debts -€13,342
down €13,342 (-84.1%), from €15,866 to €2,524
- Gross operating margin -€30,665
down €30,665, from €7,659 to -€23,007
- Write-downs +€7,795
new in 2025: €7,795
- Taxes -€4,401
down €4,401 (-100%), from €4,401 to €0
- Financial charges -€1,517
down €1,517 (-41.0%), from €3,697 to €2,180
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €341,665 | €184,448 | -€157,217 | -46.0% |
| Fixed assets | 21/28 | €2,700 | €450 | -€2,250 | -83.3% |
| Financial fixed assets | 28 | €2,700 | €450 | -€2,250 | -83.3% |
| Current assets | 29/58 | €338,965 | €183,998 | -€154,967 | -45.7% |
| Stocks and contracts in progress | 3 | €36,200 | €42,042 | +€5,842 | +16.1% |
| Stocks | 30/36 | €0 | - | = | |
| Contracts in progress | 37 | €36,200 | €42,042 | +€5,842 | +16.1% |
| Amounts receivable within one year | 40/41 | €274,586 | €119,721 | -€154,864 | -56.4% |
| Trade receivables | 40 | €270,187 | €119,689 | -€150,498 | -55.7% |
| Other amounts receivable | 41 | €4,399 | €32 | -€4,366 | -99.3% |
| Cash at bank and in hand | 54/58 | €27,502 | €21,451 | -€6,051 | -22.0% |
| Deferred charges and accrued income | 490/1 | €678 | €783 | +€105 | +15.5% |
| Total equity and liabilities | 10/49 | €341,665 | €184,448 | -€157,217 | -46.0% |
| Equity | 10/15 | €12,266 | -€20,981 | -€33,247 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,266 | -€23,981 | -€33,247 | |
| Amounts payable | 17/49 | €329,399 | €205,429 | -€123,971 | -37.6% |
| Amounts payable after more than one year | 17 | €17,670 | €0 | -€17,670 | -100% |
| Financial debts | 170/4 | €17,670 | €0 | -€17,670 | -100% |
| Amounts payable within one year | 42/48 | €311,729 | €205,429 | -€106,300 | -34.1% |
| Current portion of amounts payable after more than one year | 42 | €28,975 | €17,670 | -€11,304 | -39.0% |
| Trade debts | 44 | €125,872 | €175,757 | +€49,885 | +39.6% |
| Suppliers | 440/4 | €125,872 | €175,757 | +€49,885 | +39.6% |
| Advances received on contracts in progress | 46 | €141,016 | €9,477 | -€131,539 | -93.3% |
| Taxes, remuneration and social security | 45 | €15,866 | €2,524 | -€13,342 | -84.1% |
| Taxes | 450/3 | €15,866 | €2,524 | -€13,342 | -84.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €7,795 | +€7,795 | |
| Other operating charges | 640/8 | €220 | €53 | -€167 | -75.7% |
| Non-recurring operating charges | 66A | - | €780 | +€780 | |
| Gross operating margin | 9900 | €7,659 | -€23,007 | -€30,665 | |
| Operating profit (loss) | 9901 | €7,439 | -€31,635 | -€39,073 | |
| Financial income | 75/76B | €496 | €568 | +€73 | +14.6% |
| Recurring financial income | 75 | €496 | €568 | +€73 | +14.6% |
| Financial charges | 65/66B | €3,697 | €2,180 | -€1,517 | -41.0% |
| Recurring financial charges | 65 | €3,697 | €2,180 | -€1,517 | -41.0% |
| Profit (loss) for the period before taxes | 9903 | €4,237 | -€33,247 | -€37,484 | |
| Income taxes | 67/77 | €4,401 | €0 | -€4,401 | -100% |
| Profit (loss) for the period | 9904 | -€164 | -€33,247 | -€33,083 | -20,205% |
| Profit (loss) for the period to be appropriated | 9905 | -€164 | -€33,247 | -€33,083 | -20,205% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.