AVOCADO: 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.
AVOCADO
Largest movements
- Receivables within one year -€28,000
down €28,000 (-93.2%), from €30,058 to €2,058
of which Trade receivables: -€28,000
- Cash +€11,441
up €11,441 (+39.3%), from €29,149 to €40,590
mainly Receivables within one year (+€28,000) and Net result for the year (+€26,994)
- Tangible fixed assets -€9,931
down €9,931 (-28.3%), from €35,139 to €25,207
of which Leasing and similar rights: -€10,388
- Other debts -€46,920
no longer reported in 2025 (was €46,920)
- Profit (loss) carried forward +€26,994
new in 2025: €26,994
- Debts after one year -€8,893
down €8,893 (-32.7%), from €27,172 to €18,278
- Tax, wage and social debts +€3,950
up €3,950 (+63.3%), from €6,236 to €10,185
- Accrued charges and deferred income -€1,441
down €1,441 (-78.3%), from €1,841 to €400
- Gross operating margin +€9,685
up €9,685 (+26.8%), from €36,159 to €45,844
- Taxes +€2,806
up €2,806 (+58.7%), from €4,779 to €7,585
- Financial charges -€2,079
down €2,079 (-84.6%), from €2,457 to €378
- Depreciation -€1,250
down €1,250 (-10.3%), from €12,137 to €10,887
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 | €94,361 | €67,872 | -€26,489 | -28.1% |
| Fixed assets | 21/28 | €35,139 | €25,207 | -€9,931 | -28.3% |
| Tangible fixed assets | 22/27 | €35,139 | €25,207 | -€9,931 | -28.3% |
| Furniture and vehicles | 24 | €183 | €826 | +€643 | +351.1% |
| Leasing and similar rights | 25 | €33,441 | €23,053 | -€10,388 | -31.1% |
| Other tangible fixed assets | 26 | €1,515 | €1,329 | -€186 | -12.3% |
| Current assets | 29/58 | €59,223 | €42,665 | -€16,558 | -28.0% |
| Amounts receivable within one year | 40/41 | €30,058 | €2,058 | -€28,000 | -93.2% |
| Trade receivables | 40 | €28,000 | - | -€28,000 | |
| Other amounts receivable | 41 | €2,058 | €2,058 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €29,149 | €40,590 | +€11,441 | +39.3% |
| Deferred charges and accrued income | 490/1 | €16 | €16 | +€1 | +4.8% |
| Total equity and liabilities | 10/49 | €94,361 | €67,872 | -€26,489 | -28.1% |
| Equity | 10/15 | €3,000 | €29,994 | +€26,994 | +899.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €26,994 | +€26,994 | |
| Amounts payable | 17/49 | €91,361 | €37,878 | -€53,484 | -58.5% |
| Amounts payable after more than one year | 17 | €27,172 | €18,278 | -€8,893 | -32.7% |
| Financial debts | 170/4 | €27,172 | €18,278 | -€8,893 | -32.7% |
| Amounts payable within one year | 42/48 | €62,349 | €19,199 | -€43,149 | -69.2% |
| Current portion of amounts payable after more than one year | 42 | €8,806 | €8,893 | +€88 | +1.0% |
| Trade debts | 44 | €387 | €121 | -€267 | -68.8% |
| Suppliers | 440/4 | €387 | €121 | -€267 | -68.8% |
| Taxes, remuneration and social security | 45 | €6,236 | €10,185 | +€3,950 | +63.3% |
| Taxes | 450/3 | €6,236 | €10,185 | +€3,950 | +63.3% |
| Other amounts payable | 47/48 | €46,920 | - | -€46,920 | |
| Accrued charges and deferred income | 492/3 | €1,841 | €400 | -€1,441 | -78.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,137 | €10,887 | -€1,250 | -10.3% |
| Gross operating margin | 9900 | €36,159 | €45,844 | +€9,685 | +26.8% |
| Operating profit (loss) | 9901 | €24,022 | €34,957 | +€10,935 | +45.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,457 | €378 | -€2,079 | -84.6% |
| Recurring financial charges | 65 | €2,457 | €378 | -€2,079 | -84.6% |
| Profit (loss) for the period before taxes | 9903 | €21,565 | €34,579 | +€13,014 | +60.3% |
| Income taxes | 67/77 | €4,779 | €7,585 | +€2,806 | +58.7% |
| Profit (loss) for the period | 9904 | €16,786 | €26,994 | +€10,208 | +60.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,786 | €26,994 | +€10,208 | +60.8% |
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 29 September 2026 via checked.be.