AVVISO CONSULT: 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.
AVVISO CONSULT
Largest movements
- Tangible fixed assets -€203,387
down €203,387 (-54.0%), from €376,309 to €172,923
of which Land and buildings: -€203,841
- Cash +€182,383
up €182,383 (+235%), from €77,474 to €259,857
mainly Investment in fixed assets (net) (+€202,677) and Net result for the year (+€101,527)
- Debts after one year -€103,132
down €103,132 (-100%), from €103,132 to €0
- Reserves +€63,000
up €63,000 (+20.8%), from €303,243 to €366,243
- Tax, wage and social debts +€21,303
up €21,303 (+127%), from €16,771 to €38,073
of which Taxes: +€21,272
- Current portion of long-term debt -€11,821
down €11,821 (-100%), from €11,821 to €0
- Trade debts +€4,879
up €4,879 (+71.9%), from €6,788 to €11,667
- Gross operating margin +€85,968
up €85,968 (+115%), from €74,856 to €160,824
- Taxes +€28,211
up €28,211 (+197%), from €14,307 to €42,518
- Depreciation -€10,388
down €10,388 (-93.6%), from €11,098 to €709
- Other operating charges +€4,486
up €4,486 (+68.9%), from €6,509 to €10,995
- Financial charges -€2,282
down €2,282 (-28.7%), from €7,959 to €5,677
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 | €483,818 | €460,093 | -€23,725 | -4.9% |
| Fixed assets | 21/28 | €376,309 | €172,923 | -€203,387 | -54.0% |
| Tangible fixed assets | 22/27 | €376,309 | €172,923 | -€203,387 | -54.0% |
| Land and buildings | 22 | €375,841 | €172,000 | -€203,841 | -54.2% |
| Furniture and vehicles | 24 | €468 | €923 | +€454 | +97.1% |
| Current assets | 29/58 | €107,509 | €287,171 | +€179,662 | +167% |
| Amounts receivable within one year | 40/41 | €26,416 | €25,354 | -€1,063 | -4.0% |
| Trade receivables | 40 | €18,316 | €20,691 | +€2,375 | +13.0% |
| Other amounts receivable | 41 | €8,100 | €4,663 | -€3,437 | -42.4% |
| Cash at bank and in hand | 54/58 | €77,474 | €259,857 | +€182,383 | +235% |
| Deferred charges and accrued income | 490/1 | €3,619 | €1,960 | -€1,659 | -45.8% |
| Total equity and liabilities | 10/49 | €483,818 | €460,093 | -€23,725 | -4.9% |
| Equity | 10/15 | €318,584 | €382,111 | +€63,527 | +19.9% |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Reserves | 13 | €303,243 | €366,243 | +€63,000 | +20.8% |
| Distributable reserves | 133 | €303,243 | €366,243 | +€63,000 | +20.8% |
| Profit (loss) carried forward | 14 | €1,341 | €1,868 | +€527 | +39.3% |
| Amounts payable | 17/49 | €165,234 | €77,982 | -€87,252 | -52.8% |
| Amounts payable after more than one year | 17 | €103,132 | €0 | -€103,132 | -100% |
| Financial debts | 170/4 | €103,132 | €0 | -€103,132 | -100% |
| Amounts payable within one year | 42/48 | €62,102 | €77,982 | +€15,880 | +25.6% |
| Current portion of amounts payable after more than one year | 42 | €11,821 | €0 | -€11,821 | -100% |
| Trade debts | 44 | €6,788 | €11,667 | +€4,879 | +71.9% |
| Suppliers | 440/4 | €6,788 | €11,667 | +€4,879 | +71.9% |
| Taxes, remuneration and social security | 45 | €16,771 | €38,073 | +€21,303 | +127% |
| Taxes | 450/3 | €12,109 | €33,380 | +€21,272 | +176% |
| Remuneration and social security | 454/9 | €4,662 | €4,693 | +€31 | +0.7% |
| Other amounts payable | 47/48 | €26,722 | €28,242 | +€1,519 | +5.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,098 | €709 | -€10,388 | -93.6% |
| Other operating charges | 640/8 | €6,509 | €10,995 | +€4,486 | +68.9% |
| Gross operating margin | 9900 | €74,856 | €160,824 | +€85,968 | +115% |
| Operating profit (loss) | 9901 | €57,249 | €149,119 | +€91,870 | +160% |
| Financial income | 75/76B | €738 | €603 | -€136 | -18.4% |
| Recurring financial income | 75 | €738 | €603 | -€136 | -18.4% |
| Financial charges | 65/66B | €7,959 | €5,677 | -€2,282 | -28.7% |
| Recurring financial charges | 65 | €7,959 | €5,677 | -€2,282 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | €50,028 | €144,045 | +€94,017 | +188% |
| Income taxes | 67/77 | €14,307 | €42,518 | +€28,211 | +197% |
| Profit (loss) for the period | 9904 | €35,722 | €101,527 | +€65,806 | +184% |
| Profit (loss) for the period to be appropriated | 9905 | €35,722 | €101,527 | +€65,806 | +184% |
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 15 October 2026 via checked.be.