FIFTH AVENUE: what changed
FIFTH AVENUE
Largest movements
- Stocks and contracts +€13,206
up €13,206 (+211%), from €6,267 to €19,473
- Receivables within one year -€6,640
no longer reported in 2025 (was €6,640)
of which Trade receivables: -€5,819
- Cash -€2,439
down €2,439 (-54.9%), from €4,439 to €2,000
mainly Stocks and contracts (-€13,206) and Contributions, distributions and other (-€5,130)
- Tangible fixed assets -€1,471
down €1,471 (-22.0%), from €6,685 to €5,215
of which Other tangible fixed assets: -€4,264
- Debts after one year +€13,892
new in 2025: €13,892
- Other debts -€3,615
no longer reported in 2025 (was €3,615)
- Profit (loss) carried forward -€3,130
down €3,130 (-69.0%), from -€4,534 to -€7,664
- Trade debts -€1,959
no longer reported in 2025 (was €1,959)
- Advances received -€1,699
no longer reported in 2025 (was €1,699)
No income-statement line moved by more than 1% of the activity.
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,214 | €26,688 | +€2,474 | +10.2% |
| Fixed assets | 21/28 | €6,685 | €5,215 | -€1,471 | -22.0% |
| Tangible fixed assets | 22/27 | €6,685 | €5,215 | -€1,471 | -22.0% |
| Furniture and vehicles | 24 | €2,421 | €5,215 | +€2,793 | +115% |
| Other tangible fixed assets | 26 | €4,264 | - | -€4,264 | |
| Current assets | 29/58 | €17,528 | €21,473 | +€3,945 | +22.5% |
| Stocks and contracts in progress | 3 | €6,267 | €19,473 | +€13,206 | +211% |
| Stocks | 30/36 | €6,267 | €19,473 | +€13,206 | +211% |
| Amounts receivable within one year | 40/41 | €6,640 | - | -€6,640 | |
| Trade receivables | 40 | €5,819 | - | -€5,819 | |
| Other amounts receivable | 41 | €821 | - | -€821 | |
| Cash at bank and in hand | 54/58 | €4,439 | €2,000 | -€2,439 | -54.9% |
| Deferred charges and accrued income | 490/1 | €182 | - | -€182 | |
| Total equity and liabilities | 10/49 | €24,214 | €26,688 | +€2,474 | +10.2% |
| Equity | 10/15 | €15,926 | €12,796 | -€3,130 | -19.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,534 | -€7,664 | -€3,130 | -69.0% |
| Amounts payable | 17/49 | €8,288 | €13,892 | +€5,604 | +67.6% |
| Amounts payable after more than one year | 17 | - | €13,892 | +€13,892 | |
| Financial debts | 170/4 | - | €13,892 | +€13,892 | |
| Amounts payable within one year | 42/48 | €8,065 | - | -€8,065 | |
| Trade debts | 44 | €1,959 | - | -€1,959 | |
| Suppliers | 440/4 | €1,959 | - | -€1,959 | |
| Advances received on contracts in progress | 46 | €1,699 | - | -€1,699 | |
| Taxes, remuneration and social security | 45 | €792 | - | -€792 | |
| Taxes | 450/3 | €792 | - | -€792 | |
| Other amounts payable | 47/48 | €3,615 | - | -€3,615 | |
| Accrued charges and deferred income | 492/3 | €223 | - | -€223 | |
| Gross operating margin | 9900 | €2,000 | €2,000 | = | 0.0% |
| Operating profit (loss) | 9901 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) for the period | 9904 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,000 | €2,000 | = | 0.0% |
Next steps
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 8 November 2026 via checked.be.