Averso: 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.
Averso
Largest movements
- Receivables within one year -€26,395
down €26,395 (-21.4%), from €123,269 to €96,874
of which Other amounts receivable: -€51,124
- Cash -€21,376
down €21,376 (-29.2%), from €73,251 to €51,875
mainly Contributions, distributions and other (-€248,186) and Investment in fixed assets (net) (-€4,553)
- Tangible fixed assets +€3,424
up €3,424 (+212.5%), from €1,611 to €5,035
- Profit (loss) carried forward -€168,985
no longer reported in 2025 (was €168,985)
- Other debts +€123,557
new in 2025: €123,557
- Tax, wage and social debts +€2,376
up €2,376 (+14.0%), from €16,975 to €19,351
- Gross operating margin +€6,130
up €6,130 (+6.4%), from €95,650 to €101,780
- Depreciation -€2,075
down €2,075 (-64.8%), from €3,203 to €1,129
- Financial income -€1,549
no longer reported in 2025 (was €1,549)
- Taxes +€1,258
up €1,258 (+6.5%), from €19,225 to €20,483
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 | €198,174 | €153,830 | -€44,345 | -22.4% |
| Fixed assets | 21/28 | €1,611 | €5,035 | +€3,424 | +212.5% |
| Tangible fixed assets | 22/27 | €1,611 | €5,035 | +€3,424 | +212.5% |
| Furniture and vehicles | 24 | €1,611 | €5,035 | +€3,424 | +212.5% |
| Current assets | 29/58 | €196,563 | €148,794 | -€47,769 | -24.3% |
| Amounts receivable within one year | 40/41 | €123,269 | €96,874 | -€26,395 | -21.4% |
| Trade receivables | 40 | €72,145 | €96,874 | +€24,729 | +34.3% |
| Other amounts receivable | 41 | €51,124 | - | -€51,124 | |
| Cash at bank and in hand | 54/58 | €73,251 | €51,875 | -€21,376 | -29.2% |
| Deferred charges and accrued income | 490/1 | €43 | €45 | +€2 | +4.7% |
| Total equity and liabilities | 10/49 | €198,174 | €153,830 | -€44,345 | -22.4% |
| Equity | 10/15 | €178,985 | €10,000 | -€168,985 | -94.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €168,985 | - | -€168,985 | |
| Amounts payable | 17/49 | €19,189 | €143,830 | +€124,641 | +649.5% |
| Amounts payable within one year | 42/48 | €17,989 | €143,830 | +€125,841 | +699.5% |
| Trade debts | 44 | €1,014 | €921 | -€93 | -9.2% |
| Suppliers | 440/4 | €1,014 | €921 | -€93 | -9.2% |
| Taxes, remuneration and social security | 45 | €16,975 | €19,351 | +€2,376 | +14.0% |
| Taxes | 450/3 | €16,975 | €19,351 | +€2,376 | +14.0% |
| Other amounts payable | 47/48 | - | €123,557 | +€123,557 | |
| Accrued charges and deferred income | 492/3 | €1,200 | - | -€1,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,203 | €1,129 | -€2,075 | -64.8% |
| Other operating charges | 640/8 | €841 | €878 | +€37 | +4.4% |
| Gross operating margin | 9900 | €95,650 | €101,780 | +€6,130 | +6.4% |
| Operating profit (loss) | 9901 | €91,606 | €99,773 | +€8,167 | +8.9% |
| Financial income | 75/76B | €1,549 | - | -€1,549 | |
| Recurring financial income | 75 | €1,549 | - | -€1,549 | |
| Financial charges | 65/66B | €89 | €90 | +€2 | +1.7% |
| Recurring financial charges | 65 | €89 | €90 | +€2 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €93,066 | €99,683 | +€6,617 | +7.1% |
| Income taxes | 67/77 | €19,225 | €20,483 | +€1,258 | +6.5% |
| Profit (loss) for the period | 9904 | €73,841 | €79,200 | +€5,359 | +7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €73,841 | €79,200 | +€5,359 | +7.3% |
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 1 October 2026 via checked.be.