AVONSIDE: 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.
AVONSIDE
Largest movements
- Cash -€230,927
down €230,927 (-41.3%), from €559,703 to €328,777
mainly Other debts (-€177,509) and Net result for the year (-€51,448)
- Other debts -€177,509
down €177,509 (-70.6%), from €251,594 to €74,085
- Profit (loss) carried forward -€51,448
down €51,448 (-3.6%), from -€1.4m to -€1.5m
- Gross operating margin -€439,031
down €439,031, from €396,407 to -€42,625
- Other operating charges +€7,888
up €7,888 (+1510.0%), from €522 to €8,410
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,037,590 | €806,440 | -€231,150 | -22.3% |
| Fixed assets | 21/28 | €204,986 | €204,572 | -€414 | -0.2% |
| Tangible fixed assets | 22/27 | €204,986 | €204,572 | -€414 | -0.2% |
| Land and buildings | 22 | €204,403 | €204,403 | = | 0.0% |
| Furniture and vehicles | 24 | €582 | €169 | -€414 | -71.0% |
| Current assets | 29/58 | €832,605 | €601,868 | -€230,736 | -27.7% |
| Amounts receivable within one year | 40/41 | €272,901 | €272,901 | = | 0.0% |
| Other amounts receivable | 41 | €272,901 | €272,901 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €559,703 | €328,777 | -€230,927 | -41.3% |
| Deferred charges and accrued income | 490/1 | - | €190 | +€190 | |
| Total equity and liabilities | 10/49 | €1,037,590 | €806,440 | -€231,150 | -22.3% |
| Equity | 10/15 | €783,262 | €731,814 | -€51,448 | -6.6% |
| Contributions | 10/11 | €2,231,042 | €2,231,042 | = | 0.0% |
| Capital | 10 | €2,231,042 | €2,231,042 | = | 0.0% |
| Issued capital | 100 | €2,231,042 | €2,231,042 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,447,780 | -€1,499,228 | -€51,448 | -3.6% |
| Amounts payable | 17/49 | €254,329 | €74,627 | -€179,702 | -70.7% |
| Amounts payable within one year | 42/48 | €254,329 | €74,627 | -€179,702 | -70.7% |
| Trade debts | 44 | €2,735 | €541 | -€2,193 | -80.2% |
| Suppliers | 440/4 | €2,735 | €541 | -€2,193 | -80.2% |
| Other amounts payable | 47/48 | €251,594 | €74,085 | -€177,509 | -70.6% |
| Non-recurring operating income | 76A | €469,319 | - | -€469,319 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,332 | €414 | -€1,918 | -82.3% |
| Other operating charges | 640/8 | €522 | €8,410 | +€7,888 | +1510.0% |
| Gross operating margin | 9900 | €396,407 | -€42,625 | -€439,031 | |
| Operating profit (loss) | 9901 | €393,552 | -€51,448 | -€445,001 | |
| Financial charges | 65/66B | €279 | - | -€279 | |
| Recurring financial charges | 65 | €279 | - | -€279 | |
| Profit (loss) for the period before taxes | 9903 | €393,274 | -€51,448 | -€444,722 | |
| Profit (loss) for the period | 9904 | €393,274 | -€51,448 | -€444,722 | |
| Profit (loss) for the period to be appropriated | 9905 | €393,274 | -€51,448 | -€444,722 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.