AV create-IT: 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 create-IT
Largest movements
- Receivables within one year -€12,814
down €12,814 (-99.1%), from €12,927 to €114
of which Trade receivables: -€12,927
- Cash +€12,475
up €12,475 (+21.6%), from €57,732 to €70,207
mainly Receivables within one year (+€12,814) and Depreciation (+€8,069)
- Tangible fixed assets -€8,069
down €8,069 (-28.3%), from €28,520 to €20,451
of which Furniture and vehicles: -€6,240
- Tax, wage and social debts -€14,946
down €14,946 (-86.3%), from €17,324 to €2,378
of which Taxes: -€14,946
- Reserves +€6,000
up €6,000 (+7.5%), from €80,000 to €86,000
- Gross operating margin -€52,180
down €52,180 (-75.3%), from €69,307 to €17,127
- Taxes -€10,547
down €10,547 (-80.9%), from €13,039 to €2,492
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 | €103,299 | €94,868 | -€8,431 | -8.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €28,520 | €20,451 | -€8,069 | -28.3% |
| Tangible fixed assets | 22/27 | €28,520 | €20,451 | -€8,069 | -28.3% |
| Plant, machinery and equipment | 23 | €5,795 | €3,966 | -€1,829 | -31.6% |
| Furniture and vehicles | 24 | €22,725 | €16,485 | -€6,240 | -27.5% |
| Current assets | 29/58 | €74,778 | €74,416 | -€362 | -0.5% |
| Stocks and contracts in progress | 3 | €3,707 | €3,676 | -€32 | -0.9% |
| Stocks | 30/36 | €3,707 | €3,676 | -€32 | -0.9% |
| Amounts receivable within one year | 40/41 | €12,927 | €114 | -€12,814 | -99.1% |
| Trade receivables | 40 | €12,927 | €0 | -€12,927 | -100.0% |
| Other amounts receivable | 41 | €0 | €114 | +€114 | |
| Cash at bank and in hand | 54/58 | €57,732 | €70,207 | +€12,475 | +21.6% |
| Deferred charges and accrued income | 490/1 | €412 | €421 | +€9 | +2.1% |
| Total equity and liabilities | 10/49 | €103,299 | €94,868 | -€8,431 | -8.2% |
| Equity | 10/15 | €85,491 | €91,637 | +€6,146 | +7.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €80,000 | €86,000 | +€6,000 | +7.5% |
| Distributable reserves | 133 | €80,000 | €86,000 | +€6,000 | +7.5% |
| Profit (loss) carried forward | 14 | €491 | €637 | +€146 | +29.8% |
| Amounts payable | 17/49 | €17,808 | €3,231 | -€14,577 | -81.9% |
| Amounts payable within one year | 42/48 | €17,808 | €3,231 | -€14,577 | -81.9% |
| Trade debts | 44 | €131 | €63 | -€68 | -51.9% |
| Suppliers | 440/4 | €131 | €63 | -€68 | -51.9% |
| Taxes, remuneration and social security | 45 | €17,324 | €2,378 | -€14,946 | -86.3% |
| Taxes | 450/3 | €17,324 | €2,378 | -€14,946 | -86.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €353 | €790 | +€437 | +123.7% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,605 | €8,069 | -€536 | -6.2% |
| Other operating charges | 640/8 | €782 | €804 | +€22 | +2.8% |
| Gross operating margin | 9900 | €69,307 | €17,127 | -€52,180 | -75.3% |
| Operating profit (loss) | 9901 | €59,920 | €8,254 | -€51,667 | -86.2% |
| Financial income | 75/76B | €60 | €500 | +€440 | +735.6% |
| Recurring financial income | 75 | €60 | €500 | +€440 | +735.6% |
| Financial charges | 65/66B | €67 | €116 | +€48 | +72.2% |
| Recurring financial charges | 65 | €67 | €116 | +€48 | +72.2% |
| Profit (loss) for the period before taxes | 9903 | €59,913 | €8,638 | -€51,275 | -85.6% |
| Income taxes | 67/77 | €13,039 | €2,492 | -€10,547 | -80.9% |
| Profit (loss) for the period | 9904 | €46,874 | €6,146 | -€40,728 | -86.9% |
| Profit (loss) for the period to be appropriated | 9905 | €46,874 | €6,146 | -€40,728 | -86.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.