AV CONCEPTS: 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.
AV CONCEPTS
Largest movements
- Receivables within one year -€3,683
down €3,683 (-35.2%), from €10,450 to €6,767
of which Other amounts receivable: -€3,317
- Tangible fixed assets -€3,141
down €3,141 (-8.7%), from €36,118 to €32,976
of which Furniture and vehicles: -€1,968
- Deferred charges and accrued income +€1,595
new in 2025: €1,595
- Cash +€1,483
new in 2025: €1,483
mainly Other debts (+€16,270) and Depreciation (+€14,143)
- Profit (loss) carried forward -€20,118
new in 2025: -€20,118
- Other debts +€16,270
up €16,270 (+1504.7%), from €1,081 to €17,352
- Short-term financial debts +€9,179
new in 2025: €9,179
- Trade debts -€5,391
down €5,391 (-51.6%), from €10,444 to €5,053
- Debts after one year -€3,733
down €3,733 (-37.4%), from €9,985 to €6,252
- Staff costs +€18,364
up €18,364 (+1006.7%), from €1,824 to €20,189
- Depreciation +€1,523
up €1,523 (+12.1%), from €12,620 to €14,143
- Gross operating margin +€1,378
up €1,378 (+8.9%), from €15,486 to €16,864
- Financial charges +€1,290
up €1,290 (+196.5%), from €656 to €1,947
- Other operating charges +€501
up €501 (+808.3%), from €62 to €563
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 | €49,668 | €45,921 | -€3,747 | -7.5% |
| Fixed assets | 21/28 | €39,218 | €36,076 | -€3,141 | -8.0% |
| Tangible fixed assets | 22/27 | €36,118 | €32,976 | -€3,141 | -8.7% |
| Plant, machinery and equipment | 23 | €33,700 | €32,527 | -€1,173 | -3.5% |
| Furniture and vehicles | 24 | €2,418 | €450 | -€1,968 | -81.4% |
| Financial fixed assets | 28 | €3,100 | €3,100 | = | 0.0% |
| Current assets | 29/58 | €10,450 | €9,845 | -€605 | -5.8% |
| Amounts receivable within one year | 40/41 | €10,450 | €6,767 | -€3,683 | -35.2% |
| Trade receivables | 40 | €6,860 | €6,495 | -€366 | -5.3% |
| Other amounts receivable | 41 | €3,590 | €272 | -€3,317 | -92.4% |
| Cash at bank and in hand | 54/58 | - | €1,483 | +€1,483 | |
| Deferred charges and accrued income | 490/1 | - | €1,595 | +€1,595 | |
| Total equity and liabilities | 10/49 | €49,668 | €45,921 | -€3,747 | -7.5% |
| Equity | 10/15 | €20,610 | €491 | -€20,118 | -97.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €14,410 | €14,410 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,271 | €1,271 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,271 | €0 | -€1,271 | -100.0% |
| Other | 1319 | - | €1,271 | +€1,271 | |
| Tax-exempt reserves | 132 | - | €0 | = | |
| Distributable reserves | 133 | €13,138 | €13,138 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€20,118 | -€20,118 | |
| Amounts payable | 17/49 | €29,058 | €45,430 | +€16,372 | +56.3% |
| Amounts payable after more than one year | 17 | €9,985 | €6,252 | -€3,733 | -37.4% |
| Financial debts | 170/4 | €9,985 | €6,252 | -€3,733 | -37.4% |
| Amounts payable within one year | 42/48 | €19,073 | €39,178 | +€20,105 | +105.4% |
| Current portion of amounts payable after more than one year | 42 | €3,573 | €3,733 | +€161 | +4.5% |
| Financial debts | 43 | - | €9,179 | +€9,179 | |
| Credit institutions | 430/8 | - | €9,179 | +€9,179 | |
| Trade debts | 44 | €10,444 | €5,053 | -€5,391 | -51.6% |
| Suppliers | 440/4 | €10,444 | €5,053 | -€5,391 | -51.6% |
| Taxes, remuneration and social security | 45 | €3,975 | €3,861 | -€114 | -2.9% |
| Taxes | 450/3 | €3,975 | €789 | -€3,186 | -80.2% |
| Remuneration and social security | 454/9 | - | €3,072 | +€3,072 | |
| Other amounts payable | 47/48 | €1,081 | €17,352 | +€16,270 | +1504.7% |
| Non-recurring operating income | 76A | €4,036 | €0 | -€4,036 | -100.0% |
| Remuneration, social security and pensions | 62 | €1,824 | €20,189 | +€18,364 | +1006.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,620 | €14,143 | +€1,523 | +12.1% |
| Other operating charges | 640/8 | €62 | €563 | +€501 | +808.3% |
| Gross operating margin | 9900 | €15,486 | €16,864 | +€1,378 | +8.9% |
| Operating profit (loss) | 9901 | €980 | -€18,031 | -€19,011 | |
| Financial income | 75/76B | €150 | €0 | -€150 | -100.0% |
| Recurring financial income | 75 | €150 | €0 | -€150 | -100.0% |
| Financial charges | 65/66B | €656 | €1,947 | +€1,290 | +196.5% |
| Recurring financial charges | 65 | €656 | €1,947 | +€1,290 | +196.5% |
| Profit (loss) for the period before taxes | 9903 | €473 | -€19,977 | -€20,451 | |
| Income taxes | 67/77 | €247 | €141 | -€106 | -43.0% |
| Profit (loss) for the period | 9904 | €226 | -€20,118 | -€20,344 | |
| Profit (loss) for the period to be appropriated | 9905 | €226 | -€20,118 | -€20,344 |
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 11 October 2026 via checked.be.