A.V.B. ELECTRONICS: what changed
Two fiscal 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.
A.V.B. ELECTRONICS
Largest movements
- Receivables within one year -€26,478
down €26,478 (-58.7%), from €45,131 to €18,653
of which Trade receivables: -€34,931
- Stocks and contracts +€22,409
new in 2025: €22,409
- Cash -€14,313
down €14,313 (-99.9%), from €14,328 to €15
mainly Trade debts (-€23,769) and Stocks and contracts (-€22,409)
- Receivables after one year -€9,556
down €9,556 (-79.6%), from €12,000 to €2,444
- Tangible fixed assets +€6,701
up €6,701 (+119.7%), from €5,599 to €12,300
of which Plant, machinery and equipment: +€8,530
- Trade debts -€23,769
down €23,769 (-56.4%), from €42,157 to €18,388
- Profit (loss) carried forward +€16,408
up €16,408 (+36.3%), from -€45,138 to -€28,731
- Tax, wage and social debts -€13,453
down €13,453 (-51.0%), from €26,385 to €12,932
of which Remuneration and social security: -€16,000
- Debts after one year -€10,880
down €10,880 (-100.0%), from €10,880 to €0
of which Other amounts payable: -€10,880
- Current portion of long-term debt +€6,125
new in 2025: €6,125
- Gross operating margin +€37,094
up €37,094, from -€22,331 to €14,763
- Taxes +€6,359
new in 2025: €6,359
- Financial charges +€2,743
up €2,743 (+779.7%), from €352 to €3,094
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.
Cash bridge derived
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 | €83,269 | €57,730 | -€25,539 | -30.7% |
| Fixed assets | 21/28 | €6,555 | €13,255 | +€6,701 | +102.2% |
| Tangible fixed assets | 22/27 | €5,599 | €12,300 | +€6,701 | +119.7% |
| Plant, machinery and equipment | 23 | €3,705 | €12,235 | +€8,530 | +230.2% |
| Furniture and vehicles | 24 | €1,894 | €65 | -€1,829 | -96.6% |
| Financial fixed assets | 28 | €956 | €956 | = | 0.0% |
| Current assets | 29/58 | €76,715 | €44,475 | -€32,240 | -42.0% |
| Amounts receivable after more than one year | 29 | €12,000 | €2,444 | -€9,556 | -79.6% |
| Other amounts receivable | 291 | €12,000 | €2,444 | -€9,556 | -79.6% |
| Stocks and contracts in progress | 3 | - | €22,409 | +€22,409 | |
| Stocks | 30/36 | - | €22,409 | +€22,409 | |
| Amounts receivable within one year | 40/41 | €45,131 | €18,653 | -€26,478 | -58.7% |
| Trade receivables | 40 | €43,315 | €8,384 | -€34,931 | -80.6% |
| Other amounts receivable | 41 | €1,816 | €10,269 | +€8,453 | +465.4% |
| Cash at bank and in hand | 54/58 | €14,328 | €15 | -€14,313 | -99.9% |
| Deferred charges and accrued income | 490/1 | €5,256 | €955 | -€4,302 | -81.8% |
| Total equity and liabilities | 10/49 | €83,269 | €57,730 | -€25,539 | -30.7% |
| Equity | 10/15 | €3,847 | €20,255 | +€16,408 | +426.5% |
| Contributions | 10/11 | €32,226 | €32,226 | = | 0.0% |
| Reserves | 13 | €16,759 | €16,759 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,389 | €1,389 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,389 | €1,389 | = | 0.0% |
| Distributable reserves | 133 | €15,370 | €15,370 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,138 | -€28,731 | +€16,408 | +36.3% |
| Amounts payable | 17/49 | €79,422 | €37,476 | -€41,947 | -52.8% |
| Amounts payable after more than one year | 17 | €10,880 | €0 | -€10,880 | -100.0% |
| Financial debts | 170/4 | - | €0 | = | |
| Other amounts payable | 178/9 | €10,880 | €0 | -€10,880 | -100.0% |
| Amounts payable within one year | 42/48 | €68,542 | €37,476 | -€31,067 | -45.3% |
| Current portion of amounts payable after more than one year | 42 | - | €6,125 | +€6,125 | |
| Financial debts | 43 | - | €30 | +€30 | |
| Credit institutions | 430/8 | - | €30 | +€30 | |
| Trade debts | 44 | €42,157 | €18,388 | -€23,769 | -56.4% |
| Suppliers | 440/4 | €42,157 | €18,388 | -€23,769 | -56.4% |
| Taxes, remuneration and social security | 45 | €26,385 | €12,932 | -€13,453 | -51.0% |
| Taxes | 450/3 | €10,385 | €12,932 | +€2,547 | +24.5% |
| Remuneration and social security | 454/9 | €16,000 | €0 | -€16,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,886 | €1,831 | -€55 | -2.9% |
| Other operating charges | 640/8 | €1,042 | €1,085 | +€43 | +4.1% |
| Gross operating margin | 9900 | -€22,331 | €14,763 | +€37,094 | |
| Operating profit (loss) | 9901 | -€25,259 | €11,847 | +€37,106 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €352 | €3,094 | +€2,743 | +779.7% |
| Recurring financial charges | 65 | €352 | €3,094 | +€2,743 | +779.7% |
| Profit (loss) for the period before taxes | 9903 | -€25,611 | €8,753 | +€34,364 | |
| Income taxes | 67/77 | - | €6,359 | +€6,359 | |
| Profit (loss) for the period | 9904 | -€25,611 | €2,394 | +€28,005 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,611 | €2,394 | +€28,005 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.