AV BUILD: 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.
AV BUILD
Largest movements
- Receivables within one year +€7,343
up €7,343 (+12.7%), from €57,765 to €65,108
of which Trade receivables: +€4,664
- Cash -€5,302
down €5,302 (-27.4%), from €19,365 to €14,063
mainly Receivables within one year (-€7,343) and Trade debts (-€1,573)
- Tangible fixed assets -€3,417
down €3,417 (-65.1%), from €5,248 to €1,831
of which Plant, machinery and equipment: -€1,822
- Trade debts -€1,573
down €1,573 (-8.7%), from €18,021 to €16,447
- Gross operating margin -€4,694
down €4,694 (-27.5%), from €17,076 to €12,382
- Other operating charges -€1,423
down €1,423 (-78.4%), from €1,814 to €391
- Depreciation -€699
down €699 (-17.0%), from €4,116 to €3,417
- Taxes -€474
down €474 (-71.6%), from €663 to €189
- Financial charges -€172
down €172 (-2.0%), from €8,468 to €8,296
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 | €84,806 | €83,294 | -€1,513 | -1.8% |
| Fixed assets | 21/28 | €5,248 | €1,831 | -€3,417 | -65.1% |
| Tangible fixed assets | 22/27 | €5,248 | €1,831 | -€3,417 | -65.1% |
| Plant, machinery and equipment | 23 | €2,971 | €1,148 | -€1,822 | -61.3% |
| Furniture and vehicles | 24 | €2,277 | €683 | -€1,594 | -70.0% |
| Current assets | 29/58 | €79,559 | €81,463 | +€1,904 | +2.4% |
| Amounts receivable within one year | 40/41 | €57,765 | €65,108 | +€7,343 | +12.7% |
| Trade receivables | 40 | €46,500 | €51,164 | +€4,664 | +10.0% |
| Other amounts receivable | 41 | €11,265 | €13,944 | +€2,679 | +23.8% |
| Cash at bank and in hand | 54/58 | €19,365 | €14,063 | -€5,302 | -27.4% |
| Deferred charges and accrued income | 490/1 | €2,428 | €2,291 | -€137 | -5.6% |
| Total equity and liabilities | 10/49 | €84,806 | €83,294 | -€1,513 | -1.8% |
| Equity | 10/15 | €66,123 | €66,658 | +€535 | +0.8% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,923 | €66,458 | +€535 | +0.8% |
| Amounts payable | 17/49 | €18,683 | €16,636 | -€2,048 | -11.0% |
| Amounts payable within one year | 42/48 | €18,683 | €16,636 | -€2,048 | -11.0% |
| Trade debts | 44 | €18,021 | €16,447 | -€1,573 | -8.7% |
| Suppliers | 440/4 | €18,021 | €16,447 | -€1,573 | -8.7% |
| Taxes, remuneration and social security | 45 | €663 | €189 | -€474 | -71.6% |
| Taxes | 450/3 | €663 | €189 | -€474 | -71.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,116 | €3,417 | -€699 | -17.0% |
| Other operating charges | 640/8 | €1,814 | €391 | -€1,423 | -78.4% |
| Gross operating margin | 9900 | €17,076 | €12,382 | -€4,694 | -27.5% |
| Operating profit (loss) | 9901 | €11,146 | €8,574 | -€2,572 | -23.1% |
| Financial income | 75/76B | €316 | €445 | +€129 | +40.8% |
| Recurring financial income | 75 | €316 | €445 | +€129 | +40.8% |
| Financial charges | 65/66B | €8,468 | €8,296 | -€172 | -2.0% |
| Recurring financial charges | 65 | €8,468 | €8,296 | -€172 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €2,994 | €723 | -€2,271 | -75.8% |
| Income taxes | 67/77 | €663 | €189 | -€474 | -71.6% |
| Profit (loss) for the period | 9904 | €2,331 | €535 | -€1,797 | -77.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,331 | €535 | -€1,797 | -77.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.