Avenue Création: 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.
Avenue Création
Largest movements
- Cash -€155,286
down €155,286 (-84.6%), from €183,528 to €28,243
mainly Current investments (-€115,328) and Net result for the year (-€34,859)
- Current investments +€115,328
up €115,328 (+144.2%), from €80,000 to €195,328
- Tangible fixed assets -€6,040
down €6,040 (-16.6%), from €36,342 to €30,302
of which Furniture and vehicles: -€4,959
- Profit (loss) carried forward -€34,859
down €34,859 (-24.7%), from €141,402 to €106,543
- Tax, wage and social debts -€11,413
down €11,413 (-88.9%), from €12,843 to €1,430
of which Taxes: -€9,592
- Trade debts +€3,469
up €3,469 (+186.2%), from €1,863 to €5,332
- Financial income +€6,067
up €6,067 (+96.2%), from €6,309 to €12,376
- Gross operating margin -€4,991
down €4,991 (-19.2%), from -€25,985 to -€30,976
- Write-downs -€1,778
down €1,778 (-81.3%), from €2,188 to €409
- Financial charges +€509
up €509 (+3383.1%), from €15 to €524
- Other operating charges -€466
down €466 (-16.8%), from €2,771 to €2,305
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 | €316,773 | €272,172 | -€44,602 | -14.1% |
| Fixed assets | 21/28 | €39,562 | €33,522 | -€6,040 | -15.3% |
| Tangible fixed assets | 22/27 | €36,342 | €30,302 | -€6,040 | -16.6% |
| Land and buildings | 22 | €15,133 | €14,453 | -€680 | -4.5% |
| Furniture and vehicles | 24 | €20,512 | €15,554 | -€4,959 | -24.2% |
| Other tangible fixed assets | 26 | €697 | €295 | -€402 | -57.7% |
| Financial fixed assets | 28 | €3,220 | €3,220 | = | 0.0% |
| Current assets | 29/58 | €277,211 | €238,650 | -€38,561 | -13.9% |
| Stocks and contracts in progress | 3 | €2,188 | €1,822 | -€366 | -16.7% |
| Stocks | 30/36 | €2,188 | €1,822 | -€366 | -16.7% |
| Amounts receivable within one year | 40/41 | €11,255 | €12,772 | +€1,517 | +13.5% |
| Trade receivables | 40 | €5,010 | €7,511 | +€2,501 | +49.9% |
| Other amounts receivable | 41 | €6,245 | €5,261 | -€984 | -15.8% |
| Current investments | 50/53 | €80,000 | €195,328 | +€115,328 | +144.2% |
| Cash at bank and in hand | 54/58 | €183,528 | €28,243 | -€155,286 | -84.6% |
| Deferred charges and accrued income | 490/1 | €240 | €486 | +€246 | +102.8% |
| Total equity and liabilities | 10/49 | €316,773 | €272,172 | -€44,602 | -14.1% |
| Equity | 10/15 | €294,026 | €259,167 | -€34,859 | -11.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €90,624 | €90,624 | = | 0.0% |
| Non-distributable reserves | 130/1 | €32,624 | €32,624 | = | 0.0% |
| Legal reserve | 130 | €32,624 | €32,624 | = | 0.0% |
| Distributable reserves | 133 | €58,000 | €58,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €141,402 | €106,543 | -€34,859 | -24.7% |
| Amounts payable | 17/49 | €22,747 | €13,005 | -€9,742 | -42.8% |
| Amounts payable within one year | 42/48 | €22,747 | €13,005 | -€9,742 | -42.8% |
| Trade debts | 44 | €1,863 | €5,332 | +€3,469 | +186.2% |
| Suppliers | 440/4 | €1,863 | €5,332 | +€3,469 | +186.2% |
| Taxes, remuneration and social security | 45 | €12,843 | €1,430 | -€11,413 | -88.9% |
| Taxes | 450/3 | €10,070 | €478 | -€9,592 | -95.3% |
| Remuneration and social security | 454/9 | €2,774 | €952 | -€1,822 | -65.7% |
| Other amounts payable | 47/48 | €8,041 | €6,244 | -€1,798 | -22.4% |
| Non-recurring operating income | 76A | €37 | €267 | +€230 | +624.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,186 | €6,040 | -€146 | -2.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,188 | €409 | -€1,778 | -81.3% |
| Other operating charges | 640/8 | €2,771 | €2,305 | -€466 | -16.8% |
| Non-recurring operating charges | 66A | - | €6,748 | +€6,748 | |
| Gross operating margin | 9900 | -€25,985 | -€30,976 | -€4,991 | -19.2% |
| Operating profit (loss) | 9901 | -€37,131 | -€46,479 | -€9,348 | -25.2% |
| Financial income | 75/76B | €6,309 | €12,376 | +€6,067 | +96.2% |
| Recurring financial income | 75 | €6,309 | €12,376 | +€6,067 | +96.2% |
| Financial charges | 65/66B | €15 | €524 | +€509 | +3383.1% |
| Recurring financial charges | 65 | €15 | €524 | +€509 | +3383.1% |
| Profit (loss) for the period before taxes | 9903 | -€30,837 | -€34,627 | -€3,790 | -12.3% |
| Income taxes | 67/77 | -€146 | €232 | +€379 | |
| Profit (loss) for the period | 9904 | -€30,690 | -€34,859 | -€4,169 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,690 | -€34,859 | -€4,169 | -13.6% |
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 4 October 2026 via checked.be.