A.V.S.: 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.S.
Largest movements
- Receivables within one year +€6,423
up €6,423 (+8.1%), from €79,696 to €86,119
of which Trade receivables: +€7,209
- Cash -€5,123
down €5,123 (-19.0%), from €26,920 to €21,797
mainly Receivables within one year (-€6,423) and Net result for the year (-€3,285)
- Other debts +€4,511
up €4,511 (+9.5%), from €47,417 to €51,928
- Profit (loss) carried forward -€3,285
down €3,285 (-38.3%), from €8,581 to €5,296
- Gross operating margin -€3,702
down €3,702, from €1,364 to -€2,339
- Other operating charges -€200
no longer reported in 2025 (was €200)
- Taxes -€177
down €177 (-16.3%), from €1,088 to €911
- Financial charges -€70
down €70 (-66.2%), from €106 to €36
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 | €106,616 | €107,916 | +€1,300 | +1.2% |
| Current assets | 29/58 | €106,616 | €107,916 | +€1,300 | +1.2% |
| Amounts receivable within one year | 40/41 | €79,696 | €86,119 | +€6,423 | +8.1% |
| Trade receivables | 40 | €78,392 | €85,600 | +€7,209 | +9.2% |
| Other amounts receivable | 41 | €1,304 | €519 | -€786 | -60.2% |
| Cash at bank and in hand | 54/58 | €26,920 | €21,797 | -€5,123 | -19.0% |
| Total equity and liabilities | 10/49 | €106,616 | €107,916 | +€1,300 | +1.2% |
| Equity | 10/15 | €56,143 | €52,858 | -€3,285 | -5.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €28,969 | €28,969 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €27,110 | €27,110 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,581 | €5,296 | -€3,285 | -38.3% |
| Amounts payable | 17/49 | €50,473 | €55,058 | +€4,585 | +9.1% |
| Amounts payable within one year | 42/48 | €50,473 | €55,058 | +€4,585 | +9.1% |
| Trade debts | 44 | €3,056 | €3,131 | +€74 | +2.4% |
| Suppliers | 440/4 | €3,056 | €3,131 | +€74 | +2.4% |
| Other amounts payable | 47/48 | €47,417 | €51,928 | +€4,511 | +9.5% |
| Other operating charges | 640/8 | €200 | - | -€200 | |
| Gross operating margin | 9900 | €1,364 | -€2,339 | -€3,702 | |
| Operating profit (loss) | 9901 | €1,164 | -€2,339 | -€3,502 | |
| Financial charges | 65/66B | €106 | €36 | -€70 | -66.2% |
| Recurring financial charges | 65 | €106 | €36 | -€70 | -66.2% |
| Profit (loss) for the period before taxes | 9903 | €1,058 | -€2,374 | -€3,432 | |
| Income taxes | 67/77 | €1,088 | €911 | -€177 | -16.3% |
| Profit (loss) for the period | 9904 | -€30 | -€3,285 | -€3,255 | -10853.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€30 | -€3,285 | -€3,255 | -10853.4% |
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 12 October 2026 via checked.be.