Van d’Avrije: what changed
Van d’Avrije
Largest movements
- Cash +€128,597
up €128,597 (+321%), from €40,052 to €168,649
mainly Net result for the year (+€137,817) and Depreciation (+€60,822)
- Tangible fixed assets -€60,822
down €60,822 (-9.8%), from €618,925 to €558,103
of which Land and buildings: -€33,573
- Receivables within one year -€26,470
down €26,470 (-75.7%), from €34,969 to €8,499
of which Trade receivables: -€28,431
- Stocks and contracts -€17,023
down €17,023 (-24.3%), from €70,064 to €53,040
- Other debts -€171,778
down €171,778 (-79.9%), from €214,892 to €43,114
- Reserves +€84,824
new in 2025: €84,824
- Tax, wage and social debts +€55,064
up €55,064 (+2,395%), from €2,299 to €57,363
of which Taxes: +€55,374
- Profit (loss) carried forward +€52,992
up €52,992, from -€52,992 to €0
- Gross operating margin +€175,588
up €175,588 (+312%), from €56,284 to €231,872
- Taxes +€30,000
new in 2025: €30,000
- Staff costs -€9,684
down €9,684 (-100%), from €9,684 to €0
- Other operating charges -€2,893
down €2,893 (-48.3%), from €5,991 to €3,099
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 | €764,144 | €788,426 | +€24,282 | +3.2% |
| Fixed assets | 21/28 | €619,060 | €558,238 | -€60,822 | -9.8% |
| Tangible fixed assets | 22/27 | €618,925 | €558,103 | -€60,822 | -9.8% |
| Land and buildings | 22 | €513,692 | €480,119 | -€33,573 | -6.5% |
| Plant, machinery and equipment | 23 | €13,377 | €9,852 | -€3,524 | -26.3% |
| Furniture and vehicles | 24 | €91,856 | €68,131 | -€23,725 | -25.8% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €145,084 | €230,188 | +€85,104 | +58.7% |
| Stocks and contracts in progress | 3 | €70,064 | €53,040 | -€17,023 | -24.3% |
| Stocks | 30/36 | €70,064 | €53,040 | -€17,023 | -24.3% |
| Amounts receivable within one year | 40/41 | €34,969 | €8,499 | -€26,470 | -75.7% |
| Trade receivables | 40 | €34,969 | €6,538 | -€28,431 | -81.3% |
| Other amounts receivable | 41 | - | €1,962 | +€1,962 | |
| Cash at bank and in hand | 54/58 | €40,052 | €168,649 | +€128,597 | +321% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €764,144 | €788,426 | +€24,282 | +3.2% |
| Equity | 10/15 | €538,208 | €676,024 | +€137,817 | +25.6% |
| Contributions | 10/11 | €591,200 | €591,200 | = | 0.0% |
| Reserves | 13 | - | €84,824 | +€84,824 | |
| Distributable reserves | 133 | - | €84,824 | +€84,824 | |
| Profit (loss) carried forward | 14 | -€52,992 | €0 | +€52,992 | |
| Amounts payable | 17/49 | €225,937 | €112,402 | -€113,535 | -50.3% |
| Amounts payable within one year | 42/48 | €225,937 | €112,402 | -€113,535 | -50.3% |
| Trade debts | 44 | €8,745 | €11,924 | +€3,179 | +36.4% |
| Suppliers | 440/4 | €8,745 | €11,924 | +€3,179 | +36.4% |
| Taxes, remuneration and social security | 45 | €2,299 | €57,363 | +€55,064 | +2,395% |
| Taxes | 450/3 | €1,989 | €57,363 | +€55,374 | +2,784% |
| Remuneration and social security | 454/9 | €310 | €0 | -€310 | -100% |
| Other amounts payable | 47/48 | €214,892 | €43,114 | -€171,778 | -79.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €9,684 | €0 | -€9,684 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,359 | €60,822 | -€537 | -0.9% |
| Other operating charges | 640/8 | €5,991 | €3,099 | -€2,893 | -48.3% |
| Gross operating margin | 9900 | €56,284 | €231,872 | +€175,588 | +312% |
| Operating profit (loss) | 9901 | -€20,751 | €167,951 | +€188,701 | |
| Financial income | 75/76B | €167 | €0 | -€167 | -100% |
| Recurring financial income | 75 | €167 | €0 | -€167 | -100% |
| Financial charges | 65/66B | €31 | €134 | +€104 | +337% |
| Recurring financial charges | 65 | €31 | €134 | +€104 | +337% |
| Profit (loss) for the period before taxes | 9903 | -€20,615 | €167,817 | +€188,431 | |
| Income taxes | 67/77 | - | €30,000 | +€30,000 | |
| Profit (loss) for the period | 9904 | -€20,615 | €137,817 | +€158,431 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,615 | €137,817 | +€158,431 |
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 4 November 2026 via checked.be.