AV CONSEILS: 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 CONSEILS
Largest movements
- Financial fixed assets +€402,483
up €402,483 (+29.7%), from €1.4m to €1.8m
- Receivables within one year -€30,905
down €30,905 (-42.8%), from €72,250 to €41,346
of which Other amounts receivable: -€20,500
- Cash -€23,050
down €23,050 (-36.2%), from €63,758 to €40,708
mainly Investment in fixed assets (net) (-€402,483) and Debts after one year (-€82,649)
- Revaluation surpluses +€408,491
up €408,491 (+45.6%), from €895,452 to €1.3m
- Debts after one year -€82,649
down €82,649 (-24.1%), from €343,225 to €260,575
- Provisions +€39,638
up €39,638 (+144%), from €27,593 to €67,231
- Provisions +€35,936
up €35,936 (+971%), from €3,702 to €39,638
- Financial income -€32,725
down €32,725 (-57.7%), from €56,705 to €23,980
- Financial charges -€31,691
down €31,691 (-77.7%), from €40,766 to €9,075
- Gross operating margin -€13,173
down €13,173 (-23.2%), from €56,680 to €43,507
- Taxes +€7,480
up €7,480 (+81.9%), from €9,131 to €16,612
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 | €1,546,773 | €1,888,934 | +€342,160 | +22.1% |
| Fixed assets | 21/28 | €1,357,967 | €1,759,824 | +€401,857 | +29.6% |
| Tangible fixed assets | 22/27 | €1,484 | €858 | -€626 | -42.2% |
| Other tangible fixed assets | 26 | €1,484 | €858 | -€626 | -42.2% |
| Financial fixed assets | 28 | €1,356,483 | €1,758,966 | +€402,483 | +29.7% |
| Current assets | 29/58 | €188,806 | €129,110 | -€59,697 | -31.6% |
| Amounts receivable after more than one year | 29 | €43,978 | €45,992 | +€2,014 | +4.6% |
| Other amounts receivable | 291 | €43,978 | €45,992 | +€2,014 | +4.6% |
| Amounts receivable within one year | 40/41 | €72,250 | €41,346 | -€30,905 | -42.8% |
| Trade receivables | 40 | €44,250 | €33,846 | -€10,405 | -23.5% |
| Other amounts receivable | 41 | €28,000 | €7,500 | -€20,500 | -73.2% |
| Cash at bank and in hand | 54/58 | €63,758 | €40,708 | -€23,050 | -36.2% |
| Deferred charges and accrued income | 490/1 | €8,820 | €1,064 | -€7,756 | -87.9% |
| Total equity and liabilities | 10/49 | €1,546,773 | €1,888,934 | +€342,160 | +22.1% |
| Equity | 10/15 | €1,084,942 | €1,493,727 | +€408,785 | +37.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €895,452 | €1,303,943 | +€408,491 | +45.6% |
| Reserves | 13 | €170,890 | €170,890 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,890 | €37,890 | = | 0.0% |
| Distributable reserves | 133 | €133,000 | €133,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €294 | +€294 | |
| Provisions and deferred taxes | 16 | €27,593 | €67,231 | +€39,638 | +144% |
| Provisions for liabilities and charges | 160/5 | €27,593 | €67,231 | +€39,638 | +144% |
| Other liabilities and charges | 164/5 | €27,593 | €67,231 | +€39,638 | +144% |
| Amounts payable | 17/49 | €434,239 | €327,976 | -€106,263 | -24.5% |
| Amounts payable after more than one year | 17 | €343,225 | €260,575 | -€82,649 | -24.1% |
| Financial debts | 170/4 | €343,225 | €260,575 | -€82,649 | -24.1% |
| Amounts payable within one year | 42/48 | €91,014 | €67,401 | -€23,613 | -25.9% |
| Current portion of amounts payable after more than one year | 42 | €41,904 | €42,649 | +€745 | +1.8% |
| Financial debts | 43 | €16,389 | €5,068 | -€11,322 | -69.1% |
| Credit institutions | 430/8 | €16,389 | €5,068 | -€11,322 | -69.1% |
| Trade debts | 44 | €31 | €1,652 | +€1,621 | +5,212% |
| Suppliers | 440/4 | €31 | €1,652 | +€1,621 | +5,212% |
| Taxes, remuneration and social security | 45 | €11,075 | €7,883 | -€3,192 | -28.8% |
| Taxes | 450/3 | €11,075 | €7,883 | -€3,192 | -28.8% |
| Other amounts payable | 47/48 | €21,615 | €10,149 | -€11,465 | -53.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €626 | €626 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €3,702 | €39,638 | +€35,936 | +971% |
| Other operating charges | 640/8 | €445 | €383 | -€62 | -13.9% |
| Gross operating margin | 9900 | €56,680 | €43,507 | -€13,173 | -23.2% |
| Operating profit (loss) | 9901 | €51,906 | €2,859 | -€49,047 | -94.5% |
| Financial income | 75/76B | €56,705 | €23,980 | -€32,725 | -57.7% |
| Recurring financial income | 75 | €56,705 | €23,980 | -€32,725 | -57.7% |
| Financial charges | 65/66B | €40,766 | €9,075 | -€31,691 | -77.7% |
| Recurring financial charges | 65 | €40,766 | €9,075 | -€31,691 | -77.7% |
| Profit (loss) for the period before taxes | 9903 | €67,845 | €17,764 | -€50,081 | -73.8% |
| Income taxes | 67/77 | €9,131 | €16,612 | +€7,480 | +81.9% |
| Profit (loss) for the period | 9904 | €58,714 | €1,153 | -€57,561 | -98.0% |
| Transfer to tax-exempt reserves | 689 | €37,890 | - | -€37,890 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,824 | €1,153 | -€19,671 | -94.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.