Steven Van Avondt Technology: what changed
Steven Van Avondt Technology
Largest movements
- Current investments +€241,074
new in 2025: €241,074
- Cash -€170,976
down €170,976 (-61.8%), from €276,605 to €105,629
mainly Current investments (-€241,074) and Tax, wage and social debts (-€19,407)
- Receivables within one year -€23,141
down €23,141 (-33.4%), from €69,267 to €46,126
of which Trade receivables: -€23,277
- Profit (loss) carried forward +€78,267
up €78,267 (+29.0%), from €270,026 to €348,293
- Tax, wage and social debts -€19,407
down €19,407 (-33.1%), from €58,677 to €39,270
of which Taxes: -€21,657
- Other debts -€10,971
down €10,971 (-78.3%), from €14,011 to €3,040
- Gross operating margin -€22,252
down €22,252 (-17.6%), from €126,608 to €104,356
- Taxes -€8,010
down €8,010 (-27.7%), from €28,956 to €20,946
- Financial charges +€4,103
up €4,103 (+1,155%), from €355 to €4,458
- Other operating charges -€1,657
down €1,657 (-76.3%), from €2,171 to €514
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 | €347,016 | €395,032 | +€48,016 | +13.8% |
| Fixed assets | 21/28 | €1,144 | €2,128 | +€984 | +86.1% |
| Tangible fixed assets | 22/27 | €1,144 | €2,128 | +€984 | +86.1% |
| Plant, machinery and equipment | 23 | - | €1,107 | +€1,107 | |
| Furniture and vehicles | 24 | €1,144 | €1,021 | -€122 | -10.7% |
| Current assets | 29/58 | €345,872 | €392,904 | +€47,032 | +13.6% |
| Amounts receivable within one year | 40/41 | €69,267 | €46,126 | -€23,141 | -33.4% |
| Trade receivables | 40 | €69,267 | €45,990 | -€23,277 | -33.6% |
| Other amounts receivable | 41 | - | €136 | +€136 | |
| Current investments | 50/53 | - | €241,074 | +€241,074 | |
| Cash at bank and in hand | 54/58 | €276,605 | €105,629 | -€170,976 | -61.8% |
| Deferred charges and accrued income | 490/1 | - | €75 | +€75 | |
| Total equity and liabilities | 10/49 | €347,016 | €395,032 | +€48,016 | +13.8% |
| Equity | 10/15 | €274,026 | €352,293 | +€78,267 | +28.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €270,026 | €348,293 | +€78,267 | +29.0% |
| Amounts payable | 17/49 | €72,990 | €42,739 | -€30,250 | -41.4% |
| Amounts payable within one year | 42/48 | €72,990 | €42,739 | -€30,250 | -41.4% |
| Trade debts | 44 | €301 | €429 | +€128 | +42.5% |
| Suppliers | 440/4 | €301 | €429 | +€128 | +42.5% |
| Taxes, remuneration and social security | 45 | €58,677 | €39,270 | -€19,407 | -33.1% |
| Taxes | 450/3 | €58,677 | €37,020 | -€21,657 | -36.9% |
| Remuneration and social security | 454/9 | - | €2,250 | +€2,250 | |
| Other amounts payable | 47/48 | €14,011 | €3,040 | -€10,971 | -78.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80 | €172 | +€92 | +116% |
| Other operating charges | 640/8 | €2,171 | €514 | -€1,657 | -76.3% |
| Gross operating margin | 9900 | €126,608 | €104,356 | -€22,252 | -17.6% |
| Operating profit (loss) | 9901 | €124,357 | €103,670 | -€20,687 | -16.6% |
| Financial charges | 65/66B | €355 | €4,458 | +€4,103 | +1,155% |
| Recurring financial charges | 65 | €355 | €4,458 | +€4,103 | +1,155% |
| Profit (loss) for the period before taxes | 9903 | €124,002 | €99,213 | -€24,790 | -20.0% |
| Income taxes | 67/77 | €28,956 | €20,946 | -€8,010 | -27.7% |
| Profit (loss) for the period | 9904 | €95,046 | €78,267 | -€16,780 | -17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €95,046 | €78,267 | -€16,780 | -17.7% |
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 2 November 2026 via checked.be.