A&V CONSTRUCT: what changed
Two financial 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 CONSTRUCT
Largest movements
- Stocks and contracts -€789,361
no longer reported in 2025 (was €789,361)
- Receivables within one year +€263,293
up €263,293 (+1,158%), from €22,736 to €286,029
- Debts after one year -€570,000
no longer reported in 2025 (was €570,000)
- Reserves +€91,097
up €91,097 (+73.2%), from €124,486 to €215,583
- Other debts -€58,809
down €58,809 (-92.2%), from €63,809 to €5,000
- Tax, wage and social debts +€9,541
up €9,541 (+26.3%), from €36,276 to €45,818
- Gross operating margin +€171,316
up €171,316, from -€1,688 to €169,628
- Taxes +€45,818
new in 2025: €45,818
- Financial charges +€29,835
up €29,835 (+14,789%), from €202 to €30,037
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.
Derived cash bridge
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 | €812,294 | €286,401 | -€525,894 | -64.7% |
| Current assets | 29/58 | €812,294 | €286,401 | -€525,894 | -64.7% |
| Stocks and contracts in progress | 3 | €789,361 | - | -€789,361 | |
| Stocks | 30/36 | €789,361 | - | -€789,361 | |
| Amounts receivable within one year | 40/41 | €22,736 | €286,029 | +€263,293 | +1,158% |
| Other amounts receivable | 41 | €22,736 | €286,029 | +€263,293 | +1,158% |
| Cash at bank and in hand | 54/58 | €197 | €372 | +€175 | +88.7% |
| Total equity and liabilities | 10/49 | €812,294 | €286,401 | -€525,894 | -64.7% |
| Equity | 10/15 | €142,209 | €235,583 | +€93,374 | +65.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €124,486 | €215,583 | +€91,097 | +73.2% |
| Distributable reserves | 133 | €124,486 | €215,583 | +€91,097 | +73.2% |
| Profit (loss) carried forward | 14 | -€2,277 | - | +€2,277 | |
| Amounts payable | 17/49 | €670,085 | €50,818 | -€619,268 | -92.4% |
| Amounts payable after more than one year | 17 | €570,000 | - | -€570,000 | |
| Financial debts | 170/4 | €570,000 | - | -€570,000 | |
| Amounts payable within one year | 42/48 | €100,085 | €50,818 | -€49,268 | -49.2% |
| Taxes, remuneration and social security | 45 | €36,276 | €45,818 | +€9,541 | +26.3% |
| Taxes | 450/3 | €36,276 | €45,818 | +€9,541 | +26.3% |
| Other amounts payable | 47/48 | €63,809 | €5,000 | -€58,809 | -92.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€1,688 | €169,628 | +€171,316 | |
| Operating profit (loss) | 9901 | -€2,075 | €169,228 | +€171,303 | |
| Financial charges | 65/66B | €202 | €30,037 | +€29,835 | +14,789% |
| Recurring financial charges | 65 | €202 | €30,037 | +€29,835 | +14,789% |
| Profit (loss) for the period before taxes | 9903 | -€2,277 | €139,192 | +€141,469 | |
| Income taxes | 67/77 | - | €45,818 | +€45,818 | |
| Profit (loss) for the period | 9904 | -€2,277 | €93,374 | +€95,651 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,277 | €93,374 | +€95,651 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.