AVEVE CAPROENS: 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.
AVEVE CAPROENS
Largest movements
- Current investments +€368,978
up €368,978 (+43.0%), from €857,960 to €1.2m
- Cash -€273,403
down €273,403 (-62.7%), from €436,232 to €162,828
mainly Current investments (-€368,978) and Accrued charges and deferred income (-€75,712)
- Reserves +€122,159
up €122,159 (+9.4%), from €1.3m to €1.4m
of which Distributable reserves: +€124,159
- Accrued charges and deferred income -€75,712
no longer reported in 2025 (was €75,712)
- Trade debts +€51,396
up €51,396 (+20.9%), from €246,142 to €297,538
- Financial income +€46,596
up €46,596 (+385%), from €12,113 to €58,709
- Gross operating margin -€36,832
down €36,832 (-7.5%), from €488,988 to €452,156
- Taxes +€10,205
up €10,205 (+25.4%), from €40,201 to €50,405
- Staff costs -€5,861
down €5,861 (-2.7%), from €214,016 to €208,155
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 | €1,806,097 | €1,902,005 | +€95,908 | +5.3% |
| Fixed assets | 21/28 | €94,716 | €84,554 | -€10,163 | -10.7% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €94,715 | €84,553 | -€10,163 | -10.7% |
| Plant, machinery and equipment | 23 | €25,188 | €29,039 | +€3,851 | +15.3% |
| Furniture and vehicles | 24 | €27,723 | €40,468 | +€12,745 | +46.0% |
| Other tangible fixed assets | 26 | €41,804 | €15,045 | -€26,759 | -64.0% |
| Current assets | 29/58 | €1,711,381 | €1,817,451 | +€106,070 | +6.2% |
| Stocks and contracts in progress | 3 | €397,265 | €402,159 | +€4,894 | +1.2% |
| Stocks | 30/36 | €397,265 | €402,159 | +€4,894 | +1.2% |
| Amounts receivable within one year | 40/41 | €11,871 | €23,359 | +€11,488 | +96.8% |
| Trade receivables | 40 | €2,030 | €3,218 | +€1,188 | +58.5% |
| Other amounts receivable | 41 | €9,841 | €20,141 | +€10,300 | +105% |
| Current investments | 50/53 | €857,960 | €1,226,939 | +€368,978 | +43.0% |
| Cash at bank and in hand | 54/58 | €436,232 | €162,828 | -€273,403 | -62.7% |
| Deferred charges and accrued income | 490/1 | €8,052 | €2,167 | -€5,886 | -73.1% |
| Total equity and liabilities | 10/49 | €1,806,097 | €1,902,005 | +€95,908 | +5.3% |
| Equity | 10/15 | €1,317,841 | €1,440,000 | +€122,159 | +9.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,297,841 | €1,420,000 | +€122,159 | +9.4% |
| Non-distributable reserves | 130/1 | €2,000 | - | -€2,000 | |
| Reserves not available under the articles | 1311 | €2,000 | - | -€2,000 | |
| Distributable reserves | 133 | €1,295,841 | €1,420,000 | +€124,159 | +9.6% |
| Amounts payable | 17/49 | €488,256 | €462,004 | -€26,251 | -5.4% |
| Amounts payable within one year | 42/48 | €412,543 | €462,004 | +€49,461 | +12.0% |
| Current portion of amounts payable after more than one year | 42 | €23,333 | €23,696 | +€362 | +1.6% |
| Trade debts | 44 | €246,142 | €297,538 | +€51,396 | +20.9% |
| Suppliers | 440/4 | €246,142 | €297,538 | +€51,396 | +20.9% |
| Advances received on contracts in progress | 46 | €5,189 | €3,829 | -€1,360 | -26.2% |
| Taxes, remuneration and social security | 45 | €53,662 | €59,899 | +€6,237 | +11.6% |
| Taxes | 450/3 | €12,641 | €14,609 | +€1,968 | +15.6% |
| Remuneration and social security | 454/9 | €41,021 | €45,289 | +€4,269 | +10.4% |
| Other amounts payable | 47/48 | €84,217 | €77,042 | -€7,175 | -8.5% |
| Accrued charges and deferred income | 492/3 | €75,712 | - | -€75,712 | |
| Remuneration, social security and pensions | 62 | €214,016 | €208,155 | -€5,861 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,606 | €52,462 | +€2,856 | +5.8% |
| Other operating charges | 640/8 | €4,168 | €4,995 | +€826 | +19.8% |
| Gross operating margin | 9900 | €488,988 | €452,156 | -€36,832 | -7.5% |
| Operating profit (loss) | 9901 | €221,197 | €186,544 | -€34,653 | -15.7% |
| Financial income | 75/76B | €12,113 | €58,709 | +€46,596 | +385% |
| Recurring financial income | 75 | €12,113 | €58,709 | +€46,596 | +385% |
| Financial charges | 65/66B | €3,254 | €2,690 | -€565 | -17.3% |
| Recurring financial charges | 65 | €3,254 | €2,690 | -€565 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €230,057 | €242,564 | +€12,507 | +5.4% |
| Income taxes | 67/77 | €40,201 | €50,405 | +€10,205 | +25.4% |
| Profit (loss) for the period | 9904 | €189,856 | €192,159 | +€2,303 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €189,856 | €192,159 | +€2,303 | +1.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.