A.V.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.V. CONSTRUCT
Largest movements
- Receivables within one year -€79,956
down €79,956 (-56.7%), from €141,038 to €61,082
of which Trade receivables: -€92,042
- Cash -€60,620
down €60,620 (-28.6%), from €212,137 to €151,517
mainly Net result for the year (-€68,041) and Trade debts (-€38,968)
- Tangible fixed assets -€5,469
down €5,469 (-49.2%), from €11,123 to €5,654
of which Furniture and vehicles: -€9,144
- Profit (loss) carried forward -€68,041
down €68,041 (-29.3%), from €232,074 to €164,033
- Trade debts -€38,968
down €38,968 (-82.1%), from €47,448 to €8,480
- Accrued charges and deferred income -€20,095
down €20,095 (-99.6%), from €20,171 to €76
- Tax, wage and social debts -€10,414
down €10,414 (-77.3%), from €13,479 to €3,066
of which Taxes: -€13,154
- Other debts -€7,395
down €7,395 (-52.6%), from €14,057 to €6,661
- Gross operating margin -€127,580
down €127,580, from €79,334 to -€48,246
- Taxes -€12,983
down €12,983 (-98.7%), from €13,150 to €167
- Financial charges -€10,812
down €10,812 (-78.5%), from €13,768 to €2,956
of which Financial charges: -€10,812
- Depreciation -€4,001
down €4,001 (-29.6%), from €13,515 to €9,514
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 | €365,351 | €218,665 | -€146,686 | -40.1% |
| Fixed assets | 21/28 | €11,123 | €5,654 | -€5,469 | -49.2% |
| Tangible fixed assets | 22/27 | €11,123 | €5,654 | -€5,469 | -49.2% |
| Plant, machinery and equipment | 23 | €101 | €3,777 | +€3,676 | +3,643% |
| Furniture and vehicles | 24 | €11,022 | €1,877 | -€9,144 | -83.0% |
| Current assets | 29/58 | €354,228 | €213,011 | -€141,217 | -39.9% |
| Amounts receivable within one year | 40/41 | €141,038 | €61,082 | -€79,956 | -56.7% |
| Trade receivables | 40 | €137,692 | €45,650 | -€92,042 | -66.8% |
| Other amounts receivable | 41 | €3,346 | €15,432 | +€12,086 | +361% |
| Cash at bank and in hand | 54/58 | €212,137 | €151,517 | -€60,620 | -28.6% |
| Deferred charges and accrued income | 490/1 | €1,053 | €412 | -€641 | -60.9% |
| Total equity and liabilities | 10/49 | €365,351 | €218,665 | -€146,686 | -40.1% |
| Equity | 10/15 | €268,423 | €200,382 | -€68,041 | -25.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €30,149 | €30,149 | = | 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 | €28,289 | €28,289 | = | 0.0% |
| Profit (loss) carried forward | 14 | €232,074 | €164,033 | -€68,041 | -29.3% |
| Amounts payable | 17/49 | €96,929 | €18,283 | -€78,645 | -81.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €76,757 | €18,207 | -€58,551 | -76.3% |
| Current portion of amounts payable after more than one year | 42 | €1,774 | €0 | -€1,774 | -100% |
| Trade debts | 44 | €47,448 | €8,480 | -€38,968 | -82.1% |
| Suppliers | 440/4 | €47,448 | €8,480 | -€38,968 | -82.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €13,479 | €3,066 | -€10,414 | -77.3% |
| Taxes | 450/3 | €13,154 | €0 | -€13,154 | -100% |
| Remuneration and social security | 454/9 | €325 | €3,066 | +€2,741 | +843% |
| Other amounts payable | 47/48 | €14,057 | €6,661 | -€7,395 | -52.6% |
| Accrued charges and deferred income | 492/3 | €20,171 | €76 | -€20,095 | -99.6% |
| Non-recurring operating income | 76A | €5,777 | €20,810 | +€15,033 | +260% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,515 | €9,514 | -€4,001 | -29.6% |
| Other operating charges | 640/8 | €3,199 | €3,370 | +€172 | +5.4% |
| Non-recurring operating charges | 66A | €7,415 | €3,788 | -€3,626 | -48.9% |
| Gross operating margin | 9900 | €79,334 | -€48,246 | -€127,580 | |
| Operating profit (loss) | 9901 | €55,206 | -€64,919 | -€120,125 | |
| Financial income | 75/76B | €0 | €1 | +€0 | +120% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +120% |
| Financial charges | 65/66B | €13,768 | €2,956 | -€10,812 | -78.5% |
| Recurring financial charges | 65 | €13,768 | €2,956 | -€10,812 | -78.5% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €41,438 | -€67,874 | -€109,312 | |
| Income taxes | 67/77 | €13,150 | €167 | -€12,983 | -98.7% |
| Profit (loss) for the period | 9904 | €28,289 | -€68,041 | -€96,329 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,289 | -€68,041 | -€96,329 |
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 17 October 2026 via checked.be.