Avondland: 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.
Avondland
Largest movements
- Receivables after one year -€17,944
down €17,944 (-13.1%), from €137,329 to €119,385
- Cash +€11,818
up €11,818 (+383%), from €3,084 to €14,902
mainly Net result for the year (+€25,226) and Receivables after one year (+€17,944)
- Receivables within one year +€9,678
up €9,678 (+16.5%), from €58,755 to €68,433
of which Trade receivables: +€42,554
- Deferred charges and accrued income +€9,489
up €9,489, from €0 to €9,489
- Tangible fixed assets +€3,402
up €3,402 (+107%), from €3,177 to €6,579
of which Other tangible fixed assets: +€2,773
- Reserves +€25,226
up €25,226 (+16.4%), from €153,583 to €178,809
- Tax, wage and social debts -€15,056
down €15,056 (-28.8%), from €52,242 to €37,186
- Other debts +€5,037
up €5,037 (+24.5%), from €20,586 to €25,624
- Gross operating margin -€16,378
down €16,378 (-22.5%), from €72,773 to €56,394
- Depreciation +€15,596
up €15,596 (+14,189%), from €110 to €15,706
- Taxes -€7,741
down €7,741 (-33.0%), from €23,436 to €15,694
- Financial income -€7,072
down €7,072 (-66.9%), from €10,574 to €3,502
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 | €239,346 | €255,789 | +€16,443 | +6.9% |
| Fixed assets | 21/28 | €40,177 | €43,579 | +€3,402 | +8.5% |
| Tangible fixed assets | 22/27 | €3,177 | €6,579 | +€3,402 | +107% |
| Furniture and vehicles | 24 | €3,177 | €3,806 | +€629 | +19.8% |
| Other tangible fixed assets | 26 | - | €2,773 | +€2,773 | |
| Financial fixed assets | 28 | €37,000 | €37,000 | = | 0.0% |
| Current assets | 29/58 | €199,168 | €212,209 | +€13,041 | +6.5% |
| Amounts receivable after more than one year | 29 | €137,329 | €119,385 | -€17,944 | -13.1% |
| Other amounts receivable | 291 | €137,329 | €119,385 | -€17,944 | -13.1% |
| Amounts receivable within one year | 40/41 | €58,755 | €68,433 | +€9,678 | +16.5% |
| Trade receivables | 40 | €10,890 | €53,444 | +€42,554 | +391% |
| Other amounts receivable | 41 | €47,865 | €14,989 | -€32,876 | -68.7% |
| Cash at bank and in hand | 54/58 | €3,084 | €14,902 | +€11,818 | +383% |
| Deferred charges and accrued income | 490/1 | €0 | €9,489 | +€9,489 | |
| Total equity and liabilities | 10/49 | €239,346 | €255,789 | +€16,443 | +6.9% |
| Equity | 10/15 | €159,783 | €185,009 | +€25,226 | +15.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €153,583 | €178,809 | +€25,226 | +16.4% |
| Distributable reserves | 133 | €153,583 | €178,809 | +€25,226 | +16.4% |
| Amounts payable | 17/49 | €79,563 | €70,780 | -€8,783 | -11.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €78,047 | €70,780 | -€7,268 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €515 | €845 | +€330 | +64.1% |
| Financial debts | 43 | €540 | €2,002 | +€1,462 | +271% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €540 | €2,002 | +€1,462 | +271% |
| Trade debts | 44 | €4,164 | €5,122 | +€958 | +23.0% |
| Suppliers | 440/4 | €4,164 | €5,122 | +€958 | +23.0% |
| Taxes, remuneration and social security | 45 | €52,242 | €37,186 | -€15,056 | -28.8% |
| Taxes | 450/3 | €52,242 | €37,186 | -€15,056 | -28.8% |
| Other amounts payable | 47/48 | €20,586 | €25,624 | +€5,037 | +24.5% |
| Accrued charges and deferred income | 492/3 | €1,515 | €0 | -€1,515 | -100% |
| Non-recurring operating income | 76A | - | €6,405 | +€6,405 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110 | €15,706 | +€15,596 | +14,189% |
| Other operating charges | 640/8 | €2,012 | €1,818 | -€194 | -9.7% |
| Gross operating margin | 9900 | €72,773 | €56,394 | -€16,378 | -22.5% |
| Operating profit (loss) | 9901 | €70,651 | €38,871 | -€31,780 | -45.0% |
| Financial income | 75/76B | €10,574 | €3,502 | -€7,072 | -66.9% |
| Recurring financial income | 75 | €10,574 | €3,502 | -€7,072 | -66.9% |
| Financial charges | 65/66B | €1,941 | €1,452 | -€489 | -25.2% |
| Recurring financial charges | 65 | €1,941 | €1,452 | -€489 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | €79,284 | €40,921 | -€38,363 | -48.4% |
| Income taxes | 67/77 | €23,436 | €15,694 | -€7,741 | -33.0% |
| Profit (loss) for the period | 9904 | €55,848 | €25,226 | -€30,622 | -54.8% |
| Profit (loss) for the period to be appropriated | 9905 | €55,848 | €25,226 | -€30,622 | -54.8% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.