A VI BLEGNE: 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 VI BLEGNE
Largest movements
- Tangible fixed assets -€15,171
down €15,171 (-23.0%), from €65,864 to €50,693
of which Furniture and vehicles: -€7,686
- Cash +€14,703
up €14,703 (+53.6%), from €27,455 to €42,158
mainly Depreciation (+€16,686) and Trade debts (+€13,398)
- Stocks and contracts +€3,665
up €3,665 (+31.9%), from €11,503 to €15,168
- Deferred charges and accrued income +€1,394
up €1,394 (+121%), from €1,156 to €2,550
- Trade debts +€13,398
up €13,398 (+892%), from €1,502 to €14,901
- Accrued charges and deferred income -€8,853
down €8,853 (-99.3%), from €8,913 to €60
- Profit (loss) carried forward +€7,829
up €7,829 (+41.2%), from €19,021 to €26,850
- Tax, wage and social debts -€6,988
down €6,988 (-22.2%), from €31,420 to €24,431
of which Remuneration and social security: -€6,965
- Current portion of long-term debt +€5,491
up €5,491 (+108%), from €5,084 to €10,575
- Turnover +€523,647
new in 2025: €523,647
- Purchases and services +€230,160
new in 2025: €230,160
- Gross operating margin +€25,104
up €25,104 (+9.3%), from €268,615 to €293,719
- Staff costs -€6,378
down €6,378 (-2.3%), from €272,977 to €266,598
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 | €106,933 | €112,630 | +€5,696 | +5.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €65,914 | €50,743 | -€15,171 | -23.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €65,864 | €50,693 | -€15,171 | -23.0% |
| Plant, machinery and equipment | 23 | €7,738 | €4,681 | -€3,057 | -39.5% |
| Furniture and vehicles | 24 | €27,125 | €19,439 | -€7,686 | -28.3% |
| Other tangible fixed assets | 26 | €31,000 | €26,573 | -€4,427 | -14.3% |
| Assets under construction and advance payments | 27 | €0 | €0 | = | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €41,019 | €61,887 | +€20,867 | +50.9% |
| Stocks and contracts in progress | 3 | €11,503 | €15,168 | +€3,665 | +31.9% |
| Stocks | 30/36 | €11,503 | €15,168 | +€3,665 | +31.9% |
| Amounts receivable within one year | 40/41 | €905 | €2,010 | +€1,105 | +122% |
| Trade receivables | 40 | €905 | €2,010 | +€1,105 | +122% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €27,455 | €42,158 | +€14,703 | +53.6% |
| Deferred charges and accrued income | 490/1 | €1,156 | €2,550 | +€1,394 | +121% |
| Total equity and liabilities | 10/49 | €106,933 | €112,630 | +€5,696 | +5.3% |
| Equity | 10/15 | €31,021 | €38,850 | +€7,829 | +25.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,021 | €26,850 | +€7,829 | +41.2% |
| Amounts payable | 17/49 | €75,912 | €73,779 | -€2,132 | -2.8% |
| Amounts payable after more than one year | 17 | €10,905 | €5,724 | -€5,181 | -47.5% |
| Financial debts | 170/4 | €10,905 | €5,724 | -€5,181 | -47.5% |
| Amounts payable within one year | 42/48 | €56,094 | €67,995 | +€11,901 | +21.2% |
| Current portion of amounts payable after more than one year | 42 | €5,084 | €10,575 | +€5,491 | +108% |
| Trade debts | 44 | €1,502 | €14,901 | +€13,398 | +892% |
| Suppliers | 440/4 | €1,502 | €14,901 | +€13,398 | +892% |
| Advances received on contracts in progress | 46 | €1,955 | €1,955 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €31,420 | €24,431 | -€6,988 | -22.2% |
| Taxes | 450/3 | €4,804 | €4,780 | -€24 | -0.5% |
| Remuneration and social security | 454/9 | €26,616 | €19,651 | -€6,965 | -26.2% |
| Other amounts payable | 47/48 | €16,134 | €16,134 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €8,913 | €60 | -€8,853 | -99.3% |
| Turnover | 70 | - | €523,647 | +€523,647 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €230,160 | +€230,160 | |
| Remuneration, social security and pensions | 62 | €272,977 | €266,598 | -€6,378 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,136 | €16,686 | -€450 | -2.6% |
| Other operating charges | 640/8 | €397 | €400 | +€2 | +0.6% |
| Gross operating margin | 9900 | €268,615 | €293,719 | +€25,104 | +9.3% |
| Operating profit (loss) | 9901 | -€21,895 | €10,034 | +€31,930 | |
| Financial income | 75/76B | €20 | €78 | +€58 | +287% |
| Recurring financial income | 75 | €20 | €78 | +€58 | +287% |
| Financial charges | 65/66B | €2,417 | €2,283 | -€134 | -5.5% |
| Recurring financial charges | 65 | €2,417 | €2,283 | -€134 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | -€24,292 | €7,829 | +€32,121 | |
| Profit (loss) for the period | 9904 | -€24,292 | €7,829 | +€32,121 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,292 | €7,829 | +€32,121 |
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 29 October 2026 via checked.be.