AVONDTROODT: 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.
What changed
AVONDTROODT
NACE 68.110, Buying and selling of own real estate
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€15,302
2024 · €5,109+€10,193
Equity
€18,476
2024 · €3,174+€15,302
Cash
€37,935
2024 · €25,321+€12,614
Balance sheet total
€3.3m
2024 · €3.4m-€71,778
Largest movements
Assets
- Tangible fixed assets -€113,514
down €113,514 (-3.5%), from €3.3m to €3.1m
Equity and liabilities
- Debts after one year -€104,858
down €104,858 (-3.8%), from €2.8m to €2.7m
of which Financial debts: -€164,000
Income statement
- Financial charges -€18,420
down €18,420 (-20.3%), from €90,555 to €72,135
- Other operating charges +€5,392
up €5,392 (+17.1%), from €31,525 to €36,917
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.
Result 2024
€5,109
Gross operating margin
-€2,166
Depreciation
-€668
Other operating charges
-€5,392
Financial income
-€2
Financial charges
+€18,420
Result 2025
€15,302
raises the resultlowers the result
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.
From operations
+€117,472
Investment
€0
Financing
-€104,858
Cash 2024
€25,321
From operations (derived)
+€117,472
Net result for the year
+€15,302
Depreciation
+€113,514
Stocks and contracts
-€32,061
Receivables within one year
+€1,224
Deferred charges and accrued income
+€1,716
Trade debts
+€3,823
Other debts
+€10,620
Accrued charges and deferred income
+€3,334
Financing
-€104,858
Debts after one year
-€104,858
Cash 2025
€37,935
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,368,860 | €3,297,082 | -€71,778 | -2.1% |
| Fixed assets | 21/28 | €3,252,517 | €3,139,003 | -€113,514 | -3.5% |
| Tangible fixed assets | 22/27 | €3,252,517 | €3,139,003 | -€113,514 | -3.5% |
| Land and buildings | 22 | €3,252,517 | €3,139,003 | -€113,514 | -3.5% |
| Current assets | 29/58 | €116,343 | €158,079 | +€41,735 | +35.9% |
| Stocks and contracts in progress | 3 | €81,610 | €113,671 | +€32,061 | +39.3% |
| Stocks | 30/36 | €81,610 | €113,671 | +€32,061 | +39.3% |
| Amounts receivable within one year | 40/41 | €5,318 | €4,095 | -€1,224 | -23.0% |
| Trade receivables | 40 | €323 | €1,591 | +€1,268 | +392% |
| Other amounts receivable | 41 | €4,995 | €2,504 | -€2,492 | -49.9% |
| Cash at bank and in hand | 54/58 | €25,321 | €37,935 | +€12,614 | +49.8% |
| Deferred charges and accrued income | 490/1 | €4,094 | €2,378 | -€1,716 | -41.9% |
| Total equity and liabilities | 10/49 | €3,368,860 | €3,297,082 | -€71,778 | -2.1% |
| Equity | 10/15 | €3,174 | €18,476 | +€15,302 | +482% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,426 | -€124 | +€15,302 | +99.2% |
| Amounts payable | 17/49 | €3,365,686 | €3,278,606 | -€87,080 | -2.6% |
| Amounts payable after more than one year | 17 | €2,772,748 | €2,667,891 | -€104,858 | -3.8% |
| Financial debts | 170/4 | €2,378,000 | €2,214,000 | -€164,000 | -6.9% |
| Other amounts payable | 178/9 | €394,748 | €453,891 | +€59,142 | +15.0% |
| Amounts payable within one year | 42/48 | €576,809 | €591,252 | +€14,443 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €164,000 | €164,000 | = | 0.0% |
| Financial debts | 43 | €350,000 | €350,000 | = | 0.0% |
| Credit institutions | 430/8 | €350,000 | €350,000 | = | 0.0% |
| Trade debts | 44 | €24,694 | €28,517 | +€3,823 | +15.5% |
| Suppliers | 440/4 | €24,694 | €28,517 | +€3,823 | +15.5% |
| Other amounts payable | 47/48 | €38,115 | €48,735 | +€10,620 | +27.9% |
| Accrued charges and deferred income | 492/3 | €16,129 | €19,463 | +€3,334 | +20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €112,846 | €113,514 | +€668 | +0.6% |
| Other operating charges | 640/8 | €31,525 | €36,917 | +€5,392 | +17.1% |
| Gross operating margin | 9900 | €240,025 | €237,859 | -€2,166 | -0.9% |
| Operating profit (loss) | 9901 | €95,654 | €87,429 | -€8,226 | -8.6% |
| Financial income | 75/76B | €10 | €8 | -€2 | -16.5% |
| Recurring financial income | 75 | €10 | €8 | -€2 | -16.5% |
| Financial charges | 65/66B | €90,555 | €72,135 | -€18,420 | -20.3% |
| Recurring financial charges | 65 | €90,555 | €72,135 | -€18,420 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €5,109 | €15,302 | +€10,193 | +200% |
| Profit (loss) for the period | 9904 | €5,109 | €15,302 | +€10,193 | +200% |
| Profit (loss) for the period to be appropriated | 9905 | €5,109 | €15,302 | +€10,193 | +200% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.