AVERTRY: 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.
AVERTRY
Largest movements
- Cash +€91,751
up €91,751 (+53.5%), from €171,591 to €263,342
mainly Depreciation (+€64,043) and Net result for the year (+€57,808)
- Tangible fixed assets -€55,560
down €55,560 (-7.2%), from €766,617 to €711,058
of which Land and buildings: -€43,818
- Debts after one year -€94,812
down €94,812 (-36.5%), from €259,883 to €165,070
- Reserves +€53,000
up €53,000 (+21.5%), from €246,950 to €299,950
- Accrued charges and deferred income +€25,402
up €25,402 (+570%), from €4,453 to €29,854
- Other debts +€22,494
up €22,494 (+8.8%), from €255,892 to €278,386
- Tax, wage and social debts +€19,333
up €19,333 (+185%), from €10,450 to €29,783
of which Taxes: +€19,333
- Gross operating margin +€8,241
up €8,241 (+5.2%), from €158,970 to €167,211
- Taxes +€6,691
up €6,691 (+46.2%), from €14,484 to €21,175
- Financial charges -€4,200
down €4,200 (-15.1%), from €27,851 to €23,651
- Financial income +€2,307
up €2,307 (+267%), from €863 to €3,169
- Depreciation -€2,275
down €2,275 (-3.4%), from €66,318 to €64,043
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.
Derived cash bridge
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 | €988,223 | €1,027,486 | +€39,262 | +4.0% |
| Fixed assets | 21/28 | €766,617 | €711,458 | -€55,160 | -7.2% |
| Tangible fixed assets | 22/27 | €766,617 | €711,058 | -€55,560 | -7.2% |
| Land and buildings | 22 | €713,995 | €670,178 | -€43,818 | -6.1% |
| Plant, machinery and equipment | 23 | €41,022 | €33,629 | -€7,393 | -18.0% |
| Furniture and vehicles | 24 | €11,600 | €7,251 | -€4,349 | -37.5% |
| Financial fixed assets | 28 | - | €400 | +€400 | |
| Current assets | 29/58 | €221,606 | €316,028 | +€94,422 | +42.6% |
| Stocks and contracts in progress | 3 | €1,685 | €1,250 | -€435 | -25.8% |
| Stocks | 30/36 | €1,685 | €1,250 | -€435 | -25.8% |
| Amounts receivable within one year | 40/41 | €31,479 | €28,710 | -€2,769 | -8.8% |
| Trade receivables | 40 | €27,031 | €24,015 | -€3,016 | -11.2% |
| Other amounts receivable | 41 | €4,448 | €4,695 | +€247 | +5.5% |
| Current investments | 50/53 | €15,699 | €21,524 | +€5,825 | +37.1% |
| Cash at bank and in hand | 54/58 | €171,591 | €263,342 | +€91,751 | +53.5% |
| Deferred charges and accrued income | 490/1 | €1,151 | €1,201 | +€50 | +4.3% |
| Total equity and liabilities | 10/49 | €988,223 | €1,027,486 | +€39,262 | +4.0% |
| Equity | 10/15 | €360,254 | €414,062 | +€53,808 | +14.9% |
| Contributions | 10/11 | €105,000 | €105,000 | = | 0.0% |
| Revaluation surpluses | 12 | €5,151 | €5,151 | = | 0.0% |
| Reserves | 13 | €246,950 | €299,950 | +€53,000 | +21.5% |
| Distributable reserves | 133 | €246,950 | €299,950 | +€53,000 | +21.5% |
| Profit (loss) carried forward | 14 | €3,153 | €3,961 | +€808 | +25.6% |
| Amounts payable | 17/49 | €627,970 | €613,423 | -€14,546 | -2.3% |
| Amounts payable after more than one year | 17 | €259,883 | €165,070 | -€94,812 | -36.5% |
| Financial debts | 170/4 | €259,883 | €165,070 | -€94,812 | -36.5% |
| Amounts payable within one year | 42/48 | €363,634 | €418,499 | +€54,865 | +15.1% |
| Current portion of amounts payable after more than one year | 42 | €80,282 | €94,812 | +€14,531 | +18.1% |
| Trade debts | 44 | €17,011 | €15,517 | -€1,494 | -8.8% |
| Suppliers | 440/4 | €17,011 | €15,517 | -€1,494 | -8.8% |
| Taxes, remuneration and social security | 45 | €10,450 | €29,783 | +€19,333 | +185% |
| Taxes | 450/3 | €7,375 | €26,708 | +€19,333 | +262% |
| Remuneration and social security | 454/9 | €3,075 | €3,075 | = | 0.0% |
| Other amounts payable | 47/48 | €255,892 | €278,386 | +€22,494 | +8.8% |
| Accrued charges and deferred income | 492/3 | €4,453 | €29,854 | +€25,402 | +570% |
| Non-recurring operating income | 76A | - | €3,665 | +€3,665 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,318 | €64,043 | -€2,275 | -3.4% |
| Other operating charges | 640/8 | €3,797 | €3,703 | -€94 | -2.5% |
| Gross operating margin | 9900 | €158,970 | €167,211 | +€8,241 | +5.2% |
| Operating profit (loss) | 9901 | €88,855 | €99,466 | +€10,610 | +11.9% |
| Financial income | 75/76B | €863 | €3,169 | +€2,307 | +267% |
| Recurring financial income | 75 | €863 | €3,169 | +€2,307 | +267% |
| Financial charges | 65/66B | €27,851 | €23,651 | -€4,200 | -15.1% |
| Recurring financial charges | 65 | €27,851 | €23,651 | -€4,200 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €61,867 | €78,984 | +€17,116 | +27.7% |
| Income taxes | 67/77 | €14,484 | €21,175 | +€6,691 | +46.2% |
| Profit (loss) for the period | 9904 | €47,383 | €57,808 | +€10,425 | +22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €47,383 | €57,808 | +€10,425 | +22.0% |
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 18 October 2026 via checked.be.