Avicentra: 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.
Avicentra
Largest movements
- Tangible fixed assets -€11,662
down €11,662 (-28.4%), from €41,134 to €29,472
- Cash -€2,253
down €2,253 (-19.0%), from €11,881 to €9,628
mainly Net result for the year (-€13,988) and Deferred charges and accrued income (-€75)
- Profit (loss) carried forward -€13,988
down €13,988 (-8.2%), from -€171,293 to -€185,280
- Gross operating margin +€1,092
up €1,092 (+41.4%), from -€2,638 to -€1,546
- Other operating charges +€73
up €73 (+10.9%), from €667 to €740
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 | €56,746 | €42,776 | -€13,969 | -24.6% |
| Fixed assets | 21/28 | €41,134 | €29,472 | -€11,662 | -28.4% |
| Tangible fixed assets | 22/27 | €41,134 | €29,472 | -€11,662 | -28.4% |
| Furniture and vehicles | 24 | €41,134 | €29,472 | -€11,662 | -28.4% |
| Current assets | 29/58 | €15,612 | €13,304 | -€2,308 | -14.8% |
| Amounts receivable within one year | 40/41 | €2,460 | €2,330 | -€130 | -5.3% |
| Trade receivables | 40 | €2,261 | €2,261 | = | 0.0% |
| Other amounts receivable | 41 | €198 | €69 | -€130 | -65.3% |
| Cash at bank and in hand | 54/58 | €11,881 | €9,628 | -€2,253 | -19.0% |
| Deferred charges and accrued income | 490/1 | €1,272 | €1,346 | +€75 | +5.9% |
| Total equity and liabilities | 10/49 | €56,746 | €42,776 | -€13,969 | -24.6% |
| Equity | 10/15 | -€94,446 | -€108,433 | -€13,988 | -14.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €14,874 | €14,874 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,676 | €8,676 | = | 0.0% |
| Distributable reserves | 133 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€171,293 | -€185,280 | -€13,988 | -8.2% |
| Amounts payable | 17/49 | €151,191 | €151,209 | +€18 | 0.0% |
| Amounts payable after more than one year | 17 | €74,911 | €74,911 | = | 0.0% |
| Financial debts | 170/4 | €74,911 | €74,911 | = | 0.0% |
| Amounts payable within one year | 42/48 | €76,280 | €76,299 | +€18 | 0.0% |
| Trade debts | 44 | - | €18 | +€18 | |
| Suppliers | 440/4 | - | €18 | +€18 | |
| Other amounts payable | 47/48 | €76,280 | €76,280 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,662 | €11,662 | = | 0.0% |
| Other operating charges | 640/8 | €667 | €740 | +€73 | +10.9% |
| Gross operating margin | 9900 | -€2,638 | -€1,546 | +€1,092 | +41.4% |
| Operating profit (loss) | 9901 | -€14,966 | -€13,947 | +€1,019 | +6.8% |
| Financial charges | 65/66B | €39 | €40 | +€1 | +3.5% |
| Recurring financial charges | 65 | €39 | €40 | +€1 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | -€15,006 | -€13,988 | +€1,018 | +6.8% |
| Profit (loss) for the period | 9904 | -€15,006 | -€13,988 | +€1,018 | +6.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,006 | -€13,988 | +€1,018 | +6.8% |
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 30 September 2026 via checked.be.