AVERHELLE: 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.
AVERHELLE
Largest movements
- Cash +€48,321
up €48,321 (+122.3%), from €39,521 to €87,841
mainly Net result for the year (+€49,701) and Advances received (+€16,504)
- Tangible fixed assets +€17,371
up €17,371 (+969.5%), from €1,792 to €19,163
- Receivables within one year -€3,120
down €3,120 (-17.4%), from €17,980 to €14,859
of which Trade receivables: -€2,332
- Profit (loss) carried forward +€49,701
up €49,701 (+104.4%), from €47,610 to €97,311
- Advances received +€16,504
new in 2025: €16,504
- Tax, wage and social debts -€4,812
down €4,812 (-68.5%), from €7,030 to €2,217
of which Taxes: -€2,732
- Trade debts +€2,140
up €2,140 (+835.8%), from €256 to €2,396
- Depreciation -€1,603
down €1,603 (-60.9%), from €2,633 to €1,030
- Gross operating margin +€1,600
up €1,600 (+2.5%), from €63,417 to €65,017
- Taxes +€788
up €788 (+6.0%), from €13,039 to €13,827
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 | €59,915 | €122,513 | +€62,598 | +104.5% |
| Fixed assets | 21/28 | €1,792 | €19,163 | +€17,371 | +969.5% |
| Tangible fixed assets | 22/27 | €1,792 | €19,163 | +€17,371 | +969.5% |
| Furniture and vehicles | 24 | €1,792 | €19,163 | +€17,371 | +969.5% |
| Current assets | 29/58 | €58,123 | €103,350 | +€45,227 | +77.8% |
| Amounts receivable within one year | 40/41 | €17,980 | €14,859 | -€3,120 | -17.4% |
| Trade receivables | 40 | €15,972 | €13,640 | -€2,332 | -14.6% |
| Other amounts receivable | 41 | €2,008 | €1,219 | -€788 | -39.3% |
| Cash at bank and in hand | 54/58 | €39,521 | €87,841 | +€48,321 | +122.3% |
| Deferred charges and accrued income | 490/1 | €623 | €649 | +€26 | +4.2% |
| Total equity and liabilities | 10/49 | €59,915 | €122,513 | +€62,598 | +104.5% |
| Equity | 10/15 | €50,110 | €99,811 | +€49,701 | +99.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,610 | €97,311 | +€49,701 | +104.4% |
| Amounts payable | 17/49 | €9,805 | €22,702 | +€12,897 | +131.5% |
| Amounts payable within one year | 42/48 | €9,805 | €22,702 | +€12,897 | +131.5% |
| Trade debts | 44 | €256 | €2,396 | +€2,140 | +835.8% |
| Suppliers | 440/4 | €256 | €2,396 | +€2,140 | +835.8% |
| Advances received on contracts in progress | 46 | - | €16,504 | +€16,504 | |
| Taxes, remuneration and social security | 45 | €7,030 | €2,217 | -€4,812 | -68.5% |
| Taxes | 450/3 | €4,949 | €2,217 | -€2,732 | -55.2% |
| Remuneration and social security | 454/9 | €2,080 | €0 | -€2,080 | -100.0% |
| Other amounts payable | 47/48 | €2,519 | €1,584 | -€935 | -37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,633 | €1,030 | -€1,603 | -60.9% |
| Other operating charges | 640/8 | - | €595 | +€595 | |
| Gross operating margin | 9900 | €63,417 | €65,017 | +€1,600 | +2.5% |
| Operating profit (loss) | 9901 | €60,784 | €63,391 | +€2,607 | +4.3% |
| Financial income | 75/76B | €0 | €193 | +€193 | +1925700.0% |
| Recurring financial income | 75 | €0 | €193 | +€193 | +1925700.0% |
| Financial charges | 65/66B | €135 | €55 | -€79 | -58.9% |
| Recurring financial charges | 65 | €135 | €55 | -€79 | -58.9% |
| Profit (loss) for the period before taxes | 9903 | €60,649 | €63,529 | +€2,879 | +4.7% |
| Income taxes | 67/77 | €13,039 | €13,827 | +€788 | +6.0% |
| Profit (loss) for the period | 9904 | €47,610 | €49,701 | +€2,091 | +4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €47,610 | €49,701 | +€2,091 | +4.4% |
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 9 October 2026 via checked.be.