A.V.K. 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.K. CONSTRUCT
Largest movements
- Stocks and contracts -€33,250
down €33,250 (-28.7%), from €115,750 to €82,500
- Tangible fixed assets +€22,344
up €22,344 (+96.5%), from €23,166 to €45,510
of which Furniture and vehicles: +€24,661
- Receivables within one year -€14,918
down €14,918 (-7.3%), from €204,179 to €189,261
of which Trade receivables: -€25,851
- Cash +€11,065
up €11,065 (+53.9%), from €20,537 to €31,601
mainly Stocks and contracts (+€33,250) and Debts after one year (+€16,454)
- Trade debts -€34,934
down €34,934 (-32.6%), from €107,027 to €72,093
- Debts after one year +€16,454
up €16,454 (+158.0%), from €10,411 to €26,864
- Other debts +€15,964
up €15,964 (+243.6%), from €6,552 to €22,517
- Tax, wage and social debts -€15,493
down €15,493 (-59.6%), from €26,012 to €10,519
- Current portion of long-term debt +€6,563
up €6,563 (+62.3%), from €10,528 to €17,091
- Gross operating margin -€8,336
down €8,336 (-19.0%), from €43,944 to €35,609
- Taxes -€3,573
down €3,573 (-53.5%), from €6,684 to €3,111
- Financial charges +€1,062
up €1,062 (+31.2%), from €3,402 to €4,464
- Depreciation +€882
up €882 (+5.9%), from €14,928 to €15,809
- Other operating charges +€564
up €564 (+9.1%), from €6,168 to €6,732
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 | €367,263 | €353,309 | -€13,954 | -3.8% |
| Fixed assets | 21/28 | €23,991 | €46,335 | +€22,344 | +93.1% |
| Tangible fixed assets | 22/27 | €23,166 | €45,510 | +€22,344 | +96.5% |
| Plant, machinery and equipment | 23 | €7,564 | €5,248 | -€2,316 | -30.6% |
| Furniture and vehicles | 24 | €15,602 | €40,263 | +€24,661 | +158.1% |
| Financial fixed assets | 28 | €825 | €825 | = | 0.0% |
| Current assets | 29/58 | €343,272 | €306,974 | -€36,298 | -10.6% |
| Stocks and contracts in progress | 3 | €115,750 | €82,500 | -€33,250 | -28.7% |
| Contracts in progress | 37 | €115,750 | €82,500 | -€33,250 | -28.7% |
| Amounts receivable within one year | 40/41 | €204,179 | €189,261 | -€14,918 | -7.3% |
| Trade receivables | 40 | €204,179 | €178,328 | -€25,851 | -12.7% |
| Other amounts receivable | 41 | - | €10,933 | +€10,933 | |
| Cash at bank and in hand | 54/58 | €20,537 | €31,601 | +€11,065 | +53.9% |
| Deferred charges and accrued income | 490/1 | €2,806 | €3,612 | +€805 | +28.7% |
| Total equity and liabilities | 10/49 | €367,263 | €353,309 | -€13,954 | -3.8% |
| Equity | 10/15 | €206,732 | €204,224 | -€2,508 | -1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €82,500 | €86,500 | +€4,000 | +4.8% |
| Distributable reserves | 133 | €82,500 | €86,500 | +€4,000 | +4.8% |
| Profit (loss) carried forward | 14 | €105,632 | €99,124 | -€6,508 | -6.2% |
| Amounts payable | 17/49 | €160,531 | €149,085 | -€11,446 | -7.1% |
| Amounts payable after more than one year | 17 | €10,411 | €26,864 | +€16,454 | +158.0% |
| Financial debts | 170/4 | €10,411 | €26,864 | +€16,454 | +158.0% |
| Amounts payable within one year | 42/48 | €150,120 | €122,221 | -€27,899 | -18.6% |
| Current portion of amounts payable after more than one year | 42 | €10,528 | €17,091 | +€6,563 | +62.3% |
| Trade debts | 44 | €107,027 | €72,093 | -€34,934 | -32.6% |
| Suppliers | 440/4 | €107,027 | €72,093 | -€34,934 | -32.6% |
| Taxes, remuneration and social security | 45 | €26,012 | €10,519 | -€15,493 | -59.6% |
| Taxes | 450/3 | €26,012 | €10,519 | -€15,493 | -59.6% |
| Other amounts payable | 47/48 | €6,552 | €22,517 | +€15,964 | +243.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,928 | €15,809 | +€882 | +5.9% |
| Other operating charges | 640/8 | €6,168 | €6,732 | +€564 | +9.1% |
| Gross operating margin | 9900 | €43,944 | €35,609 | -€8,336 | -19.0% |
| Operating profit (loss) | 9901 | €22,849 | €13,068 | -€9,781 | -42.8% |
| Financial charges | 65/66B | €3,402 | €4,464 | +€1,062 | +31.2% |
| Recurring financial charges | 65 | €3,402 | €4,464 | +€1,062 | +31.2% |
| Profit (loss) for the period before taxes | 9903 | €19,447 | €8,603 | -€10,843 | -55.8% |
| Income taxes | 67/77 | €6,684 | €3,111 | -€3,573 | -53.5% |
| Profit (loss) for the period | 9904 | €12,763 | €5,492 | -€7,271 | -57.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,763 | €5,492 | -€7,271 | -57.0% |
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 10 October 2026 via checked.be.