AVERBEKE: 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.
AVERBEKE
Largest movements
- Receivables within one year -€16,328
down €16,328 (-45.6%), from €35,816 to €19,488
of which Trade receivables: -€11,987
- Cash -€9,905
down €9,905 (-58.1%), from €17,054 to €7,149
mainly Net result for the year (-€27,184) and Tax, wage and social debts (-€17,892)
- Tangible fixed assets +€2,016
up €2,016 (+19.9%), from €10,146 to €12,162
of which Furniture and vehicles: +€11,184
- Profit (loss) carried forward -€26,956
down €26,956, from €1,657 to -€25,298
- Tax, wage and social debts -€17,892
down €17,892 (-74.9%), from €23,900 to €6,008
- Other debts +€8,402
new in 2025: €8,402
- Trade debts +€8,031
up €8,031 (+40.7%), from €19,717 to €27,748
- Advances received +€3,697
new in 2025: €3,697
- Gross operating margin -€34,018
down €34,018, from €14,475 to -€19,542
- Taxes -€3,863
down €3,863 (-100.0%), from €3,863 to €0
- Depreciation +€1,188
up €1,188 (+29.0%), from €4,097 to €5,284
- Financial charges +€451
up €451 (+137.7%), from €327 to €778
- Other operating charges +€374
up €374 (+31.1%), from €1,205 to €1,579
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 | €64,474 | €39,757 | -€24,717 | -38.3% |
| Fixed assets | 21/28 | €11,604 | €13,120 | +€1,516 | +13.1% |
| Intangible fixed assets | 21 | €1,458 | €958 | -€500 | -34.3% |
| Tangible fixed assets | 22/27 | €10,146 | €12,162 | +€2,016 | +19.9% |
| Plant, machinery and equipment | 23 | €9,330 | €162 | -€9,168 | -98.3% |
| Furniture and vehicles | 24 | €816 | €12,000 | +€11,184 | +1369.9% |
| Current assets | 29/58 | €52,870 | €26,637 | -€26,233 | -49.6% |
| Amounts receivable within one year | 40/41 | €35,816 | €19,488 | -€16,328 | -45.6% |
| Trade receivables | 40 | €31,129 | €19,142 | -€11,987 | -38.5% |
| Other amounts receivable | 41 | €4,687 | €347 | -€4,340 | -92.6% |
| Cash at bank and in hand | 54/58 | €17,054 | €7,149 | -€9,905 | -58.1% |
| Total equity and liabilities | 10/49 | €64,474 | €39,757 | -€24,717 | -38.3% |
| Equity | 10/15 | €20,857 | -€6,098 | -€26,956 | |
| Contributions | 10/11 | €2,800 | €2,800 | = | 0.0% |
| Reserves | 13 | €16,400 | €16,400 | = | 0.0% |
| Distributable reserves | 133 | €16,400 | €16,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,657 | -€25,298 | -€26,956 | |
| Amounts payable | 17/49 | €43,617 | €45,856 | +€2,239 | +5.1% |
| Amounts payable within one year | 42/48 | €43,617 | €45,856 | +€2,239 | +5.1% |
| Trade debts | 44 | €19,717 | €27,748 | +€8,031 | +40.7% |
| Suppliers | 440/4 | €19,717 | €27,748 | +€8,031 | +40.7% |
| Advances received on contracts in progress | 46 | - | €3,697 | +€3,697 | |
| Taxes, remuneration and social security | 45 | €23,900 | €6,008 | -€17,892 | -74.9% |
| Taxes | 450/3 | €23,900 | €6,008 | -€17,892 | -74.9% |
| Other amounts payable | 47/48 | - | €8,402 | +€8,402 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,097 | €5,284 | +€1,188 | +29.0% |
| Other operating charges | 640/8 | €1,205 | €1,579 | +€374 | +31.1% |
| Gross operating margin | 9900 | €14,475 | -€19,542 | -€34,018 | |
| Operating profit (loss) | 9901 | €9,174 | -€26,406 | -€35,580 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €327 | €778 | +€451 | +137.7% |
| Recurring financial charges | 65 | €327 | €778 | +€451 | +137.7% |
| Profit (loss) for the period before taxes | 9903 | €8,846 | -€27,184 | -€36,030 | |
| Income taxes | 67/77 | €3,863 | €0 | -€3,863 | -100.0% |
| Profit (loss) for the period | 9904 | €4,983 | -€27,184 | -€32,167 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,983 | -€27,184 | -€32,167 |
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 9 October 2026 via checked.be.