AVONDHEEM: 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.
AVONDHEEM
Largest movements
- Cash -€48,028
down €48,028 (-35.8%), from €134,070 to €86,042
mainly Receivables within one year (-€37,227) and Current portion of long-term debt (-€16,000)
- Receivables within one year +€37,227
up €37,227 (+3.2%), from €1.2m to €1.2m
- Current portion of long-term debt -€16,000
no longer reported in 2025 (was €16,000)
- Other operating charges -€2,290
down €2,290 (-33.7%), from €6,803 to €4,513
- Gross operating margin -€2,260
down €2,260 (-7.6%), from €29,754 to €27,493
- Depreciation -€1,412
down €1,412 (-6.8%), from €20,859 to €19,447
- Financial charges -€805
down €805 (-48.1%), from €1,675 to €869
- Taxes -€681
down €681 (-71.3%), from €955 to €274
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 | €1,501,872 | €1,486,481 | -€15,391 | -1.0% |
| Fixed assets | 21/28 | €205,041 | €197,047 | -€7,995 | -3.9% |
| Tangible fixed assets | 22/27 | €205,041 | €197,047 | -€7,995 | -3.9% |
| Land and buildings | 22 | €205,041 | €197,047 | -€7,995 | -3.9% |
| Current assets | 29/58 | €1,296,831 | €1,289,434 | -€7,397 | -0.6% |
| Amounts receivable within one year | 40/41 | €1,159,712 | €1,196,939 | +€37,227 | +3.2% |
| Other amounts receivable | 41 | €1,159,712 | €1,196,939 | +€37,227 | +3.2% |
| Current investments | 50/53 | €3,049 | €3,049 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €134,070 | €86,042 | -€48,028 | -35.8% |
| Deferred charges and accrued income | 490/1 | - | €3,404 | +€3,404 | |
| Total equity and liabilities | 10/49 | €1,501,872 | €1,486,481 | -€15,391 | -1.0% |
| Equity | 10/15 | €1,473,338 | €1,476,480 | +€3,141 | +0.2% |
| Contributions | 10/11 | €729,953 | €729,953 | = | 0.0% |
| Capital | 10 | €729,953 | €729,953 | = | 0.0% |
| Issued capital | 100 | €729,953 | €729,953 | = | 0.0% |
| Reserves | 13 | €743,386 | €746,527 | +€3,141 | +0.4% |
| Non-distributable reserves | 130/1 | €73,129 | €73,129 | = | 0.0% |
| Legal reserve | 130 | €73,129 | €73,129 | = | 0.0% |
| Distributable reserves | 133 | €670,257 | €673,399 | +€3,141 | +0.5% |
| Amounts payable | 17/49 | €28,534 | €10,001 | -€18,533 | -65.0% |
| Amounts payable after more than one year | 17 | €11,809 | €10,001 | -€1,809 | -15.3% |
| Financial debts | 170/4 | €4,001 | €4,001 | = | 0.0% |
| Other amounts payable | 178/9 | €7,809 | €6,000 | -€1,809 | -23.2% |
| Amounts payable within one year | 42/48 | €16,724 | - | -€16,724 | |
| Current portion of amounts payable after more than one year | 42 | €16,000 | - | -€16,000 | |
| Trade debts | 44 | €724 | - | -€724 | |
| Suppliers | 440/4 | €724 | - | -€724 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,859 | €19,447 | -€1,412 | -6.8% |
| Other operating charges | 640/8 | €6,803 | €4,513 | -€2,290 | -33.7% |
| Gross operating margin | 9900 | €29,754 | €27,493 | -€2,260 | -7.6% |
| Operating profit (loss) | 9901 | €2,092 | €3,533 | +€1,442 | +68.9% |
| Financial income | 75/76B | €601 | €751 | +€150 | +24.9% |
| Recurring financial income | 75 | €601 | €751 | +€150 | +24.9% |
| Financial charges | 65/66B | €1,675 | €869 | -€805 | -48.1% |
| Recurring financial charges | 65 | €1,675 | €869 | -€805 | -48.1% |
| Profit (loss) for the period before taxes | 9903 | €1,019 | €3,415 | +€2,397 | +235.3% |
| Income taxes | 67/77 | €955 | €274 | -€681 | -71.3% |
| Profit (loss) for the period | 9904 | €64 | €3,141 | +€3,078 | +4817.7% |
| Profit (loss) for the period to be appropriated | 9905 | €64 | €3,141 | +€3,078 | +4817.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.