AV-Engineering: 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.
What changed
AV-Engineering
NACE 70.200, Business and other management consultancy
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€2,892
2024 · €22,192-€25,084
Equity
€206,294
2024 · €224,421-€18,127
Cash
€9,230
2024 · €7,707+€1,523
Balance sheet total
€637,773
2024 · €679,019-€41,245
Largest movements
Assets
- Receivables within one year -€39,277
down €39,277 (-67.4%), from €58,310 to €19,033
of which Trade receivables: -€25,009
Equity and liabilities
- Debts after one year -€23,174
down €23,174 (-6.4%), from €363,810 to €340,636
- Reserves -€18,127
down €18,127 (-8.3%), from €218,221 to €200,094
Income statement
- Gross operating margin -€16,614
down €16,614 (-15.3%), from €108,563 to €91,949
- Taxes -€7,024
down €7,024 (-84.5%), from €8,315 to €1,292
- Financial charges +€6,495
up €6,495 (+84.7%), from €7,669 to €14,164
- Financial income -€4,448
down €4,448 (-99.5%), from €4,470 to €22
- Staff costs +€3,163
up €3,163 (+6.6%), from €48,155 to €51,319
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.
Result 2024
€22,192
Gross operating margin
-€16,614
Staff costs
-€3,163
Depreciation
-€1,344
Other operating charges
-€45
Financial income
-€4,448
Financial charges
-€6,495
Taxes
+€7,024
Result 2025
-€2,892
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.
From operations
+€66,798
Investment
-€27,169
Financing
-€38,106
Cash 2024
€7,707
From operations (derived)
+€66,798
Net result for the year
-€2,892
Depreciation
+€26,791
Receivables within one year
+€39,277
Deferred charges and accrued income
+€3,869
Trade debts
-€5,900
Tax, wage and social debts
-€3,677
Advances received
+€3,781
Other debts
+€5,638
Accrued charges and deferred income
-€91
Investment (derived)
-€27,169
Investment in fixed assets (net)
-€27,169
Financing
-€38,106
Debts after one year
-€23,174
Current portion of long-term debt
+€303
Contributions, distributions and other
-€15,235
Cash 2025
€9,230
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €679,019 | €637,773 | -€41,245 | -6.1% |
| Fixed assets | 21/28 | €478,473 | €478,852 | +€378 | +0.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €478,073 | €478,452 | +€378 | +0.1% |
| Land and buildings | 22 | €444,364 | €457,943 | +€13,579 | +3.1% |
| Plant, machinery and equipment | 23 | €1,792 | €1,413 | -€380 | -21.2% |
| Furniture and vehicles | 24 | €31,917 | €19,096 | -€12,821 | -40.2% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €200,545 | €158,921 | -€41,624 | -20.8% |
| Amounts receivable after more than one year | 29 | €127,000 | €127,000 | = | 0.0% |
| Other amounts receivable | 291 | €127,000 | €127,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €58,310 | €19,033 | -€39,277 | -67.4% |
| Trade receivables | 40 | €43,826 | €18,818 | -€25,009 | -57.1% |
| Other amounts receivable | 41 | €14,484 | €215 | -€14,269 | -98.5% |
| Cash at bank and in hand | 54/58 | €7,707 | €9,230 | +€1,523 | +19.8% |
| Deferred charges and accrued income | 490/1 | €7,528 | €3,659 | -€3,869 | -51.4% |
| Total equity and liabilities | 10/49 | €679,019 | €637,773 | -€41,245 | -6.1% |
| Equity | 10/15 | €224,421 | €206,294 | -€18,127 | -8.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €218,221 | €200,094 | -€18,127 | -8.3% |
| Distributable reserves | 133 | €218,221 | €200,094 | -€18,127 | -8.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €454,597 | €431,479 | -€23,118 | -5.1% |
| Amounts payable after more than one year | 17 | €363,810 | €340,636 | -€23,174 | -6.4% |
| Financial debts | 170/4 | €363,810 | €340,636 | -€23,174 | -6.4% |
| Amounts payable within one year | 42/48 | €89,937 | €90,083 | +€146 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €22,870 | €23,174 | +€303 | +1.3% |
| Trade debts | 44 | €11,522 | €5,622 | -€5,900 | -51.2% |
| Suppliers | 440/4 | €11,522 | €5,622 | -€5,900 | -51.2% |
| Advances received on contracts in progress | 46 | - | €3,781 | +€3,781 | |
| Taxes, remuneration and social security | 45 | €21,830 | €18,153 | -€3,677 | -16.8% |
| Taxes | 450/3 | €10,066 | €9,151 | -€915 | -9.1% |
| Remuneration and social security | 454/9 | €11,764 | €9,002 | -€2,762 | -23.5% |
| Other amounts payable | 47/48 | €33,714 | €39,353 | +€5,638 | +16.7% |
| Accrued charges and deferred income | 492/3 | €851 | €760 | -€91 | -10.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €48,155 | €51,319 | +€3,163 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,447 | €26,791 | +€1,344 | +5.3% |
| Other operating charges | 640/8 | €1,254 | €1,299 | +€45 | +3.6% |
| Gross operating margin | 9900 | €108,563 | €91,949 | -€16,614 | -15.3% |
| Operating profit (loss) | 9901 | €33,707 | €12,541 | -€21,165 | -62.8% |
| Financial income | 75/76B | €4,470 | €22 | -€4,448 | -99.5% |
| Recurring financial income | 75 | €4,470 | €22 | -€4,448 | -99.5% |
| Financial charges | 65/66B | €7,669 | €14,164 | +€6,495 | +84.7% |
| Recurring financial charges | 65 | €7,669 | €14,164 | +€6,495 | +84.7% |
| Profit (loss) for the period before taxes | 9903 | €30,508 | -€1,600 | -€32,108 | |
| Income taxes | 67/77 | €8,315 | €1,292 | -€7,024 | -84.5% |
| Profit (loss) for the period | 9904 | €22,192 | -€2,892 | -€25,084 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,192 | -€2,892 | -€25,084 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.