Avzem: what changed
What changed
Avzem
NACE 56.112, Limited-service restaurants, excluding mobile food services
filed annual accounts (NBB)
Net result for the year
-€11,657
2024 · €30,862-€42,519
Equity
-€37,315
2024 · -€25,658-€11,657
Cash
€5,328
2024 · €6,725-€1,398
Balance sheet total
€21,248
2024 · €20,029+€1,218
Largest movements
Assets
- Receivables within one year +€2,727
up €2,727 (+41.3%), from €6,603 to €9,330
- Cash -€1,398
down €1,398 (-20.8%), from €6,725 to €5,328
mainly Net result for the year (-€11,657) and Receivables within one year (-€2,727)
Equity and liabilities
- Other debts +€14,639
new in 2025: €14,639
- Profit (loss) carried forward -€11,657
down €11,657 (-31.8%), from -€36,658 to -€48,315
- Trade debts -€1,764
down €1,764 (-50.1%), from €3,519 to €1,755
Income statement
- Gross operating margin -€33,341
down €33,341 (-46.7%), from €71,375 to €38,034
- Staff costs +€14,753
up €14,753 (+43.8%), from €33,672 to €48,425
- Depreciation -€5,833
no longer reported in 2025 (was €5,833)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€30,862
Gross operating margin
-€33,341
Staff costs
-€14,753
Depreciation
+€5,833
Other operating charges
+€211
Financial charges
+€20
Taxes
-€489
Result 2025
-€11,657
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€1,398
Investment
€0
Financing
€0
Cash 2024
€6,725
From operations (derived)
-€1,398
Net result for the year
-€11,657
Stocks and contracts
+€105
Receivables within one year
-€2,727
Deferred charges and accrued income
+€6
Trade debts
-€1,764
Other debts
+€14,639
Cash 2025
€5,328
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,029 | €21,248 | +€1,218 | +6.1% |
| Fixed assets | 21/28 | €2,700 | €2,700 | = | 0.0% |
| Financial fixed assets | 28 | €2,700 | €2,700 | = | 0.0% |
| Current assets | 29/58 | €17,329 | €18,548 | +€1,218 | +7.0% |
| Stocks and contracts in progress | 3 | €3,995 | €3,889 | -€105 | -2.6% |
| Stocks | 30/36 | €3,995 | €3,889 | -€105 | -2.6% |
| Amounts receivable within one year | 40/41 | €6,603 | €9,330 | +€2,727 | +41.3% |
| Other amounts receivable | 41 | €6,603 | €9,330 | +€2,727 | +41.3% |
| Cash at bank and in hand | 54/58 | €6,725 | €5,328 | -€1,398 | -20.8% |
| Deferred charges and accrued income | 490/1 | €6 | - | -€6 | |
| Total equity and liabilities | 10/49 | €20,029 | €21,248 | +€1,218 | +6.1% |
| Equity | 10/15 | -€25,658 | -€37,315 | -€11,657 | -45.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €8,600 | €8,600 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Legal reserve | 130 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,658 | -€48,315 | -€11,657 | -31.8% |
| Amounts payable | 17/49 | €45,688 | €58,563 | +€12,875 | +28.2% |
| Amounts payable after more than one year | 17 | €38,754 | €38,754 | = | 0.0% |
| Other amounts payable | 178/9 | €38,754 | €38,754 | = | 0.0% |
| Amounts payable within one year | 42/48 | €6,933 | €19,808 | +€12,875 | +186% |
| Financial debts | 43 | €3,414 | €3,414 | = | 0.0% |
| Credit institutions | 430/8 | €3,414 | €3,414 | = | 0.0% |
| Trade debts | 44 | €3,519 | €1,755 | -€1,764 | -50.1% |
| Suppliers | 440/4 | €3,519 | €1,755 | -€1,764 | -50.1% |
| Other amounts payable | 47/48 | - | €14,639 | +€14,639 | |
| Remuneration, social security and pensions | 62 | €33,672 | €48,425 | +€14,753 | +43.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,833 | - | -€5,833 | |
| Other operating charges | 640/8 | €681 | €470 | -€211 | -31.0% |
| Gross operating margin | 9900 | €71,375 | €38,034 | -€33,341 | -46.7% |
| Operating profit (loss) | 9901 | €31,189 | -€10,861 | -€42,050 | |
| Financial charges | 65/66B | €326 | €306 | -€20 | -6.1% |
| Recurring financial charges | 65 | €326 | €306 | -€20 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €30,862 | -€11,167 | -€42,030 | |
| Income taxes | 67/77 | - | €489 | +€489 | |
| Profit (loss) for the period | 9904 | €30,862 | -€11,657 | -€42,519 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,862 | -€11,657 | -€42,519 |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.