AVERTA: 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.
AVERTA
Largest movements
- Cash +€46,768
up €46,768 (+58.8%), from €79,481 to €126,249
mainly Net result for the year (+€30,361) and Depreciation (+€12,420)
- Tangible fixed assets -€12,420
down €12,420 (-28.7%), from €43,301 to €30,881
- Receivables within one year +€7,257
up €7,257 (+26.8%), from €27,118 to €34,375
- Reserves +€29,528
up €29,528 (+54.9%), from €53,808 to €83,336
- Debts after one year -€12,251
down €12,251 (-40.3%), from €30,422 to €18,171
- Trade debts +€10,698
new in 2025: €10,698
- Tax, wage and social debts +€9,432
up €9,432 (+25.1%), from €37,542 to €46,973
- Other debts +€6,847
up €6,847 (+164.3%), from €4,168 to €11,015
- Gross operating margin -€43,615
down €43,615 (-41.6%), from €104,905 to €61,291
- Taxes -€11,482
down €11,482 (-43.3%), from €26,543 to €15,061
- Depreciation -€6,379
down €6,379 (-33.9%), from €18,799 to €12,420
- Financial charges -€1,285
down €1,285 (-38.8%), from €3,316 to €2,031
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 | €149,900 | €191,505 | +€41,605 | +27.8% |
| Fixed assets | 21/28 | €43,301 | €30,881 | -€12,420 | -28.7% |
| Tangible fixed assets | 22/27 | €43,301 | €30,881 | -€12,420 | -28.7% |
| Furniture and vehicles | 24 | €43,301 | €30,881 | -€12,420 | -28.7% |
| Current assets | 29/58 | €106,599 | €160,624 | +€54,025 | +50.7% |
| Amounts receivable within one year | 40/41 | €27,118 | €34,375 | +€7,257 | +26.8% |
| Trade receivables | 40 | €27,118 | €34,375 | +€7,257 | +26.8% |
| Cash at bank and in hand | 54/58 | €79,481 | €126,249 | +€46,768 | +58.8% |
| Total equity and liabilities | 10/49 | €149,900 | €191,505 | +€41,605 | +27.8% |
| Equity | 10/15 | €58,808 | €88,336 | +€29,528 | +50.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Share premium | 1100/10 | - | €5,000 | +€5,000 | |
| Other | 1109/19 | €5,000 | - | -€5,000 | |
| Reserves | 13 | €53,808 | €83,336 | +€29,528 | +54.9% |
| Distributable reserves | 133 | €53,808 | €83,336 | +€29,528 | +54.9% |
| Amounts payable | 17/49 | €91,092 | €103,168 | +€12,077 | +13.3% |
| Amounts payable after more than one year | 17 | €30,422 | €18,171 | -€12,251 | -40.3% |
| Financial debts | 170/4 | €30,422 | €18,171 | -€12,251 | -40.3% |
| Amounts payable within one year | 42/48 | €53,504 | €80,937 | +€27,433 | +51.3% |
| Current portion of amounts payable after more than one year | 42 | €11,795 | €12,251 | +€456 | +3.9% |
| Trade debts | 44 | - | €10,698 | +€10,698 | |
| Suppliers | 440/4 | - | €10,698 | +€10,698 | |
| Taxes, remuneration and social security | 45 | €37,542 | €46,973 | +€9,432 | +25.1% |
| Taxes | 450/3 | €37,542 | €46,973 | +€9,432 | +25.1% |
| Other amounts payable | 47/48 | €4,168 | €11,015 | +€6,847 | +164.3% |
| Accrued charges and deferred income | 492/3 | €7,166 | €4,061 | -€3,105 | -43.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,799 | €12,420 | -€6,379 | -33.9% |
| Other operating charges | 640/8 | €1,612 | €1,492 | -€120 | -7.4% |
| Gross operating margin | 9900 | €104,905 | €61,291 | -€43,615 | -41.6% |
| Operating profit (loss) | 9901 | €84,495 | €47,378 | -€37,116 | -43.9% |
| Financial income | 75/76B | €6 | €75 | +€69 | +1146.0% |
| Recurring financial income | 75 | €6 | €75 | +€69 | +1146.0% |
| Financial charges | 65/66B | €3,316 | €2,031 | -€1,285 | -38.8% |
| Recurring financial charges | 65 | €3,316 | €2,031 | -€1,285 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | €81,184 | €45,422 | -€35,762 | -44.1% |
| Income taxes | 67/77 | €26,543 | €15,061 | -€11,482 | -43.3% |
| Profit (loss) for the period | 9904 | €54,641 | €30,361 | -€24,280 | -44.4% |
| Profit (loss) for the period to be appropriated | 9905 | €54,641 | €30,361 | -€24,280 | -44.4% |
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 5 October 2026 via checked.be.