CONSULTING SERVICES VAN AVONDT: 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.
CONSULTING SERVICES VAN AVONDT
Largest movements
- Current investments +€96,328
up €96,328 (+28.4%), from €339,528 to €435,855
- Cash -€29,483
down €29,483 (-29.4%), from €100,399 to €70,916
mainly Contributions, distributions and other (-€100,000) and Current investments (-€96,328)
- Tangible fixed assets -€17,890
down €17,890 (-2.6%), from €691,427 to €673,537
of which Assets under construction and advance payments: -€359,668
- Profit (loss) carried forward +€149,698
up €149,698 (+256%), from €58,442 to €208,140
- Reserves -€106,258
down €106,258 (-14.8%), from €720,024 to €613,765
of which Distributable reserves: -€100,000
- Tax, wage and social debts +€31,794
up €31,794 (+71.4%), from €44,549 to €76,343
- Other debts -€22,301
down €22,301 (-100%), from €22,301 to €0
- Gross operating margin -€242,232
down €242,232 (-93.8%), from €258,339 to €16,107
- Financial income +€111,762
up €111,762 (+103%), from €108,795 to €220,557
of which Financial income: +€117,489
- Taxes +€26,287
up €26,287 (+92.2%), from €28,505 to €54,793
- Depreciation +€13,438
up €13,438 (+138%), from €9,750 to €23,189
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 | €1,135,875 | €1,186,141 | +€50,266 | +4.4% |
| Fixed assets | 21/28 | €691,427 | €673,537 | -€17,890 | -2.6% |
| Tangible fixed assets | 22/27 | €691,427 | €673,537 | -€17,890 | -2.6% |
| Land and buildings | 22 | €331,759 | €673,537 | +€341,778 | +103% |
| Assets under construction and advance payments | 27 | €359,668 | €0 | -€359,668 | -100% |
| Current assets | 29/58 | €444,448 | €512,604 | +€68,156 | +15.3% |
| Amounts receivable within one year | 40/41 | €4,307 | €5,833 | +€1,526 | +35.4% |
| Trade receivables | 40 | €1,500 | €0 | -€1,500 | -100% |
| Other amounts receivable | 41 | €2,807 | €5,833 | +€3,026 | +108% |
| Current investments | 50/53 | €339,528 | €435,855 | +€96,328 | +28.4% |
| Cash at bank and in hand | 54/58 | €100,399 | €70,916 | -€29,483 | -29.4% |
| Deferred charges and accrued income | 490/1 | €216 | €0 | -€216 | -100% |
| Total equity and liabilities | 10/49 | €1,135,875 | €1,186,141 | +€50,266 | +4.4% |
| Equity | 10/15 | €1,002,996 | €1,046,435 | +€43,439 | +4.3% |
| Contributions | 10/11 | €224,530 | €224,530 | = | 0.0% |
| Reserves | 13 | €720,024 | €613,765 | -€106,258 | -14.8% |
| Non-distributable reserves | 130/1 | €7,700 | €7,700 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,700 | €7,700 | = | 0.0% |
| Tax-exempt reserves | 132 | €188,718 | €182,460 | -€6,258 | -3.3% |
| Distributable reserves | 133 | €523,606 | €423,606 | -€100,000 | -19.1% |
| Profit (loss) carried forward | 14 | €58,442 | €208,140 | +€149,698 | +256% |
| Provisions and deferred taxes | 16 | €62,906 | €60,820 | -€2,086 | -3.3% |
| Deferred taxes | 168 | €62,906 | €60,820 | -€2,086 | -3.3% |
| Amounts payable | 17/49 | €69,974 | €78,886 | +€8,913 | +12.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €68,665 | €77,606 | +€8,941 | +13.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,815 | €1,263 | -€552 | -30.4% |
| Suppliers | 440/4 | €1,815 | €1,263 | -€552 | -30.4% |
| Taxes, remuneration and social security | 45 | €44,549 | €76,343 | +€31,794 | +71.4% |
| Taxes | 450/3 | €44,549 | €76,343 | +€31,794 | +71.4% |
| Other amounts payable | 47/48 | €22,301 | €0 | -€22,301 | -100% |
| Accrued charges and deferred income | 492/3 | €1,309 | €1,280 | -€29 | -2.2% |
| Non-recurring operating income | 76A | €251,624 | €0 | -€251,624 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,750 | €23,189 | +€13,438 | +138% |
| Other operating charges | 640/8 | €2,867 | €3,535 | +€668 | +23.3% |
| Gross operating margin | 9900 | €258,339 | €16,107 | -€242,232 | -93.8% |
| Operating profit (loss) | 9901 | €245,722 | -€10,617 | -€256,339 | |
| Financial income | 75/76B | €108,795 | €220,557 | +€111,762 | +103% |
| Recurring financial income | 75 | €103,067 | €220,557 | +€117,489 | +114% |
| Non-recurring financial income | 76B | €5,728 | €0 | -€5,728 | -100% |
| Financial charges | 65/66B | €13,599 | €13,794 | +€195 | +1.4% |
| Recurring financial charges | 65 | €12,798 | €10,441 | -€2,357 | -18.4% |
| Non-recurring financial charges | 66B | €801 | €3,353 | +€2,552 | +318% |
| Profit (loss) for the period before taxes | 9903 | €340,918 | €196,146 | -€144,773 | -42.5% |
| Transfer from deferred taxes | 780 | - | €2,086 | +€2,086 | |
| Transfer to deferred taxes | 680 | €62,906 | €0 | -€62,906 | -100% |
| Income taxes | 67/77 | €28,505 | €54,793 | +€26,287 | +92.2% |
| Profit (loss) for the period | 9904 | €249,507 | €143,439 | -€106,068 | -42.5% |
| Transfer from tax-exempt reserves | 789 | - | €6,258 | +€6,258 | |
| Transfer to tax-exempt reserves | 689 | €188,718 | €0 | -€188,718 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €60,789 | €149,698 | +€88,909 | +146% |
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 24 October 2026 via checked.be.