AVVENE-RE: 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.
AVVENE-RE
Largest movements
- Cash -€160,869
down €160,869 (-59.3%), from €271,452 to €110,583
mainly Other debts (-€175,375) and Trade debts (-€42,097)
- Current investments -€70,000
down €70,000 (-87.5%), from €80,000 to €10,000
- Other debts -€175,375
no longer reported in 2026 (was €175,375)
- Trade debts -€42,097
down €42,097 (-94.4%), from €44,597 to €2,500
- Tax, wage and social debts -€9,932
no longer reported in 2026 (was €9,932)
- Gross operating margin -€151,036
down €151,036, from €148,974 to -€2,062
- Taxes -€34,957
no longer reported in 2026 (was €34,957)
- Financial charges -€13,350
down €13,350 (-87.8%), from €15,204 to €1,854
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €351,512 | €120,837 | -€230,675 | -65.6% |
| Fixed assets | 21/28 | €60 | €60 | = | 0.0% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €351,452 | €120,777 | -€230,675 | -65.6% |
| Amounts receivable within one year | 40/41 | - | €194 | +€194 | |
| Other amounts receivable | 41 | - | €194 | +€194 | |
| Current investments | 50/53 | €80,000 | €10,000 | -€70,000 | -87.5% |
| Cash at bank and in hand | 54/58 | €271,452 | €110,583 | -€160,869 | -59.3% |
| Total equity and liabilities | 10/49 | €351,512 | €120,837 | -€230,675 | -65.6% |
| Equity | 10/15 | €121,608 | €118,337 | -€3,271 | -2.7% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €13,116 | €13,116 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,116 | €13,116 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,116 | €13,116 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,492 | €25,221 | -€3,271 | -11.5% |
| Amounts payable | 17/49 | €229,904 | €2,500 | -€227,404 | -98.9% |
| Amounts payable within one year | 42/48 | €229,904 | €2,500 | -€227,404 | -98.9% |
| Trade debts | 44 | €44,597 | €2,500 | -€42,097 | -94.4% |
| Suppliers | 440/4 | €44,597 | €2,500 | -€42,097 | -94.4% |
| Taxes, remuneration and social security | 45 | €9,932 | - | -€9,932 | |
| Taxes | 450/3 | €9,932 | - | -€9,932 | |
| Other amounts payable | 47/48 | €175,375 | - | -€175,375 | |
| Non-recurring operating income | 76A | €377 | €3,040 | +€2,663 | +706.4% |
| Gross operating margin | 9900 | €148,974 | -€2,062 | -€151,036 | |
| Operating profit (loss) | 9901 | €148,974 | -€2,062 | -€151,036 | |
| Financial income | 75/76B | €105 | €645 | +€540 | +514.3% |
| Recurring financial income | 75 | €105 | €645 | +€540 | +514.3% |
| Financial charges | 65/66B | €15,204 | €1,854 | -€13,350 | -87.8% |
| Recurring financial charges | 65 | €15,204 | €1,854 | -€13,350 | -87.8% |
| Profit (loss) for the period before taxes | 9903 | €133,875 | -€3,271 | -€137,146 | |
| Income taxes | 67/77 | €34,957 | - | -€34,957 | |
| Profit (loss) for the period | 9904 | €98,918 | -€3,271 | -€102,189 | |
| Profit (loss) for the period to be appropriated | 9905 | €98,918 | -€3,271 | -€102,189 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.