A.V. TECHNOLOGY: 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. TECHNOLOGY
Largest movements
- Stocks and contracts -€76,776
down €76,776 (-89.7%), from €85,572 to €8,796
- Receivables within one year +€32,388
up €32,388 (+9.2%), from €351,640 to €384,028
of which Trade receivables: +€44,836
- Profit (loss) carried forward +€211,906
up €211,906 (+25.4%), from -€834,273 to -€622,367
- Trade debts -€194,681
down €194,681 (-24.4%), from €796,265 to €601,584
- Tax, wage and social debts -€55,106
down €55,106 (-52.7%), from €104,541 to €49,435
of which Remuneration and social security: -€53,457
- Gross operating margin +€264,187
up €264,187 (+39.9%), from €662,332 to €926,519
- Staff costs -€86,726
down €86,726 (-11.0%), from €791,006 to €704,280
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 | €523,661 | €485,392 | -€38,269 | -7.3% |
| Fixed assets | 21/28 | €2,981 | €4,705 | +€1,724 | +57.8% |
| Tangible fixed assets | 22/27 | €2,981 | €4,705 | +€1,724 | +57.8% |
| Furniture and vehicles | 24 | €2,981 | €4,705 | +€1,724 | +57.8% |
| Current assets | 29/58 | €520,680 | €480,687 | -€39,993 | -7.7% |
| Stocks and contracts in progress | 3 | €85,572 | €8,796 | -€76,776 | -89.7% |
| Contracts in progress | 37 | €85,572 | €8,796 | -€76,776 | -89.7% |
| Amounts receivable within one year | 40/41 | €351,640 | €384,028 | +€32,388 | +9.2% |
| Trade receivables | 40 | €325,111 | €369,947 | +€44,836 | +13.8% |
| Other amounts receivable | 41 | €26,529 | €14,081 | -€12,448 | -46.9% |
| Cash at bank and in hand | 54/58 | €82,731 | €84,374 | +€1,643 | +2.0% |
| Deferred charges and accrued income | 490/1 | €737 | €3,489 | +€2,752 | +373.4% |
| Total equity and liabilities | 10/49 | €523,661 | €485,392 | -€38,269 | -7.3% |
| Equity | 10/15 | -€800,359 | -€588,453 | +€211,906 | +26.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,314 | €15,314 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €13,454 | €13,454 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€834,273 | -€622,367 | +€211,906 | +25.4% |
| Amounts payable | 17/49 | €1,324,020 | €1,073,845 | -€250,175 | -18.9% |
| Amounts payable within one year | 42/48 | €1,320,806 | €1,071,019 | -€249,787 | -18.9% |
| Trade debts | 44 | €796,265 | €601,584 | -€194,681 | -24.4% |
| Suppliers | 440/4 | €796,265 | €601,584 | -€194,681 | -24.4% |
| Taxes, remuneration and social security | 45 | €104,541 | €49,435 | -€55,106 | -52.7% |
| Taxes | 450/3 | €5,600 | €3,951 | -€1,649 | -29.4% |
| Remuneration and social security | 454/9 | €98,941 | €45,484 | -€53,457 | -54.0% |
| Other amounts payable | 47/48 | €420,000 | €420,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,214 | €2,826 | -€388 | -12.1% |
| Remuneration, social security and pensions | 62 | €791,006 | €704,280 | -€86,726 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,411 | €1,301 | -€4,110 | -76.0% |
| Other operating charges | 640/8 | €901 | €1,487 | +€586 | +65.0% |
| Gross operating margin | 9900 | €662,332 | €926,519 | +€264,187 | +39.9% |
| Operating profit (loss) | 9901 | -€134,986 | €219,451 | +€354,437 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €6,478 | €7,033 | +€555 | +8.6% |
| Recurring financial charges | 65 | €6,478 | €7,033 | +€555 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | -€141,464 | €212,421 | +€353,885 | |
| Income taxes | 67/77 | €707 | €514 | -€193 | -27.3% |
| Profit (loss) for the period | 9904 | -€142,171 | €211,907 | +€354,078 | |
| Profit (loss) for the period to be appropriated | 9905 | -€142,171 | €211,907 | +€354,078 |
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.