A.VIEL: what changed
Two fiscal 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.VIEL
Largest movements
- Receivables within one year +€89,073
up €89,073 (+2275.2%), from €3,915 to €92,988
- Cash +€49,347
up €49,347 (+11.2%), from €441,223 to €490,570
mainly Net result for the year (+€110,602) and Other debts (+€92,109)
- Intangible fixed assets -€15,000
down €15,000 (-22.2%), from €67,500 to €52,500
- Tangible fixed assets +€7,944
up €7,944 (+15.6%), from €51,038 to €58,982
of which Other tangible fixed assets: +€9,658
- Other debts +€92,109
up €92,109 (+1167.3%), from €7,891 to €100,000
- Short-term financial debts +€34,329
new in 2024: €34,329
- Debts after one year -€12,979
down €12,979 (-38.9%), from €33,353 to €20,374
- Reserves +€10,000
up €10,000 (+2.5%), from €405,500 to €415,500
- Tax, wage and social debts +€8,597
up €8,597 (+17.3%), from €49,775 to €58,372
- Gross operating margin +€15,026
up €15,026 (+8.4%), from €178,576 to €193,602
- Depreciation +€2,421
up €2,421 (+8.0%), from €30,133 to €32,554
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €567,428 | €697,347 | +€129,919 | +22.9% |
| Formation expenses | 20 | €1,394 | - | -€1,394 | |
| Fixed assets | 21/28 | €118,583 | €111,527 | -€7,056 | -6.0% |
| Intangible fixed assets | 21 | €67,500 | €52,500 | -€15,000 | -22.2% |
| Tangible fixed assets | 22/27 | €51,038 | €58,982 | +€7,944 | +15.6% |
| Land and buildings | 22 | €19,347 | €16,447 | -€2,900 | -15.0% |
| Furniture and vehicles | 24 | €28,022 | €21,008 | -€7,014 | -25.0% |
| Other tangible fixed assets | 26 | €3,669 | €13,327 | +€9,658 | +263.2% |
| Assets under construction and advance payments | 27 | - | €8,200 | +€8,200 | |
| Financial fixed assets | 28 | €45 | €45 | = | 0.0% |
| Current assets | 29/58 | €447,451 | €585,820 | +€138,369 | +30.9% |
| Amounts receivable within one year | 40/41 | €3,915 | €92,988 | +€89,073 | +2275.2% |
| Other amounts receivable | 41 | €3,915 | €92,988 | +€89,073 | +2275.2% |
| Cash at bank and in hand | 54/58 | €441,223 | €490,570 | +€49,347 | +11.2% |
| Deferred charges and accrued income | 490/1 | €2,313 | €2,262 | -€51 | -2.2% |
| Total equity and liabilities | 10/49 | €567,428 | €697,347 | +€129,919 | +22.9% |
| Equity | 10/15 | €448,313 | €458,915 | +€10,602 | +2.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €405,500 | €415,500 | +€10,000 | +2.5% |
| Distributable reserves | 133 | €405,500 | €415,500 | +€10,000 | +2.5% |
| Profit (loss) carried forward | 14 | €30,413 | €31,015 | +€602 | +2.0% |
| Amounts payable | 17/49 | €119,115 | €238,432 | +€119,317 | +100.2% |
| Amounts payable after more than one year | 17 | €33,353 | €20,374 | -€12,979 | -38.9% |
| Financial debts | 170/4 | €33,353 | €20,374 | -€12,979 | -38.9% |
| Amounts payable within one year | 42/48 | €85,762 | €218,058 | +€132,296 | +154.3% |
| Current portion of amounts payable after more than one year | 42 | €12,856 | €12,979 | +€123 | +1.0% |
| Financial debts | 43 | - | €34,329 | +€34,329 | |
| Credit institutions | 430/8 | - | €34,329 | +€34,329 | |
| Trade debts | 44 | €15,240 | €12,378 | -€2,862 | -18.8% |
| Suppliers | 440/4 | €15,240 | €12,378 | -€2,862 | -18.8% |
| Taxes, remuneration and social security | 45 | €49,775 | €58,372 | +€8,597 | +17.3% |
| Taxes | 450/3 | €49,775 | €58,372 | +€8,597 | +17.3% |
| Other amounts payable | 47/48 | €7,891 | €100,000 | +€92,109 | +1167.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,133 | €32,554 | +€2,421 | +8.0% |
| Other operating charges | 640/8 | €1,297 | €369 | -€928 | -71.5% |
| Gross operating margin | 9900 | €178,576 | €193,602 | +€15,026 | +8.4% |
| Operating profit (loss) | 9901 | €147,146 | €160,679 | +€13,533 | +9.2% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €1,393 | €1,618 | +€225 | +16.2% |
| Recurring financial charges | 65 | €1,393 | €1,618 | +€225 | +16.2% |
| Profit (loss) for the period before taxes | 9903 | €145,753 | €159,063 | +€13,310 | +9.1% |
| Income taxes | 67/77 | €47,095 | €48,461 | +€1,366 | +2.9% |
| Profit (loss) for the period | 9904 | €98,658 | €110,602 | +€11,944 | +12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €98,658 | €110,602 | +€11,944 | +12.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.