AVALANCHE: what changed
AVALANCHE
Largest movements
- Cash +€13,787
up €13,787 (+9.9%), from €139,355 to €153,141
mainly Other debts (+€14,322) and Depreciation (+€13,038)
- Receivables within one year +€11,852
up €11,852 (+73.1%), from €16,211 to €28,063
of which Trade receivables: +€8,275
- Tangible fixed assets -€5,473
down €5,473 (-16.6%), from €32,969 to €27,496
of which Land and buildings: -€3,895
- Other debts +€14,322
up €14,322 (+115%), from €12,424 to €26,746
- Tax, wage and social debts +€6,702
up €6,702 (+452%), from €1,483 to €8,185
- Debts after one year -€5,981
down €5,981 (-22.3%), from €26,863 to €20,882
- Trade debts +€4,707
up €4,707 (+179%), from €2,629 to €7,335
- Gross operating margin -€1,144
down €1,144 (-6.3%), from €18,225 to €17,081
- Taxes -€448
down €448 (-23.1%), from €1,939 to €1,491
- Depreciation +€291
up €291 (+2.3%), from €12,747 to €13,038
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 | €192,270 | €212,852 | +€20,581 | +10.7% |
| Fixed assets | 21/28 | €32,969 | €27,496 | -€5,473 | -16.6% |
| Tangible fixed assets | 22/27 | €32,969 | €27,496 | -€5,473 | -16.6% |
| Land and buildings | 22 | €23,390 | €19,495 | -€3,895 | -16.7% |
| Plant, machinery and equipment | 23 | €2,635 | €2,610 | -€25 | -1.0% |
| Furniture and vehicles | 24 | €6,945 | €5,392 | -€1,553 | -22.4% |
| Current assets | 29/58 | €159,301 | €185,355 | +€26,054 | +16.4% |
| Amounts receivable within one year | 40/41 | €16,211 | €28,063 | +€11,852 | +73.1% |
| Trade receivables | 40 | €10,506 | €18,781 | +€8,275 | +78.8% |
| Other amounts receivable | 41 | €5,704 | €9,282 | +€3,578 | +62.7% |
| Cash at bank and in hand | 54/58 | €139,355 | €153,141 | +€13,787 | +9.9% |
| Deferred charges and accrued income | 490/1 | €3,736 | €4,151 | +€415 | +11.1% |
| Total equity and liabilities | 10/49 | €192,270 | €212,852 | +€20,581 | +10.7% |
| Equity | 10/15 | €143,038 | €143,722 | +€685 | +0.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €57,309 | €57,994 | +€685 | +1.2% |
| Distributable reserves | 133 | €57,309 | €57,994 | +€685 | +1.2% |
| Profit (loss) carried forward | 14 | €79,528 | €79,528 | = | 0.0% |
| Amounts payable | 17/49 | €49,232 | €69,129 | +€19,897 | +40.4% |
| Amounts payable after more than one year | 17 | €26,863 | €20,882 | -€5,981 | -22.3% |
| Financial debts | 170/4 | €26,863 | €20,882 | -€5,981 | -22.3% |
| Amounts payable within one year | 42/48 | €22,369 | €48,247 | +€25,877 | +116% |
| Current portion of amounts payable after more than one year | 42 | €5,834 | €5,981 | +€147 | +2.5% |
| Trade debts | 44 | €2,629 | €7,335 | +€4,707 | +179% |
| Suppliers | 440/4 | €2,629 | €7,335 | +€4,707 | +179% |
| Taxes, remuneration and social security | 45 | €1,483 | €8,185 | +€6,702 | +452% |
| Taxes | 450/3 | €1,483 | €8,185 | +€6,702 | +452% |
| Other amounts payable | 47/48 | €12,424 | €26,746 | +€14,322 | +115% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,747 | €13,038 | +€291 | +2.3% |
| Other operating charges | 640/8 | €428 | €253 | -€175 | -40.8% |
| Gross operating margin | 9900 | €18,225 | €17,081 | -€1,144 | -6.3% |
| Operating profit (loss) | 9901 | €5,050 | €3,789 | -€1,260 | -25.0% |
| Financial income | 75/76B | €0 | €0 | +€0 | +150% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +150% |
| Financial charges | 65/66B | €1,680 | €1,614 | -€66 | -3.9% |
| Recurring financial charges | 65 | €1,680 | €1,614 | -€66 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €3,370 | €2,176 | -€1,194 | -35.4% |
| Income taxes | 67/77 | €1,939 | €1,491 | -€448 | -23.1% |
| Profit (loss) for the period | 9904 | €1,431 | €685 | -€746 | -52.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,431 | €685 | -€746 | -52.1% |
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.