AV SERVICE: 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 SERVICE
Largest movements
- Receivables within one year +€7,713
up €7,713 (+359%), from €2,150 to €9,863
of which Trade receivables: +€7,564
- Cash -€822
down €822 (-48.2%), from €1,705 to €883
mainly Receivables within one year (-€7,713) and Net result for the year (-€7,443)
- Tangible fixed assets -€252
down €252 (-67.3%), from €374 to €122
of which Plant, machinery and equipment: -€140
- Other debts +€11,100
up €11,100 (+22.8%), from €48,583 to €59,682
- Profit (loss) carried forward -€7,443
down €7,443 (-13.8%), from -€53,923 to -€61,365
- Trade debts +€2,907
up €2,907 (+1,811%), from €161 to €3,067
- Gross operating margin +€2,354
up €2,354 (+26.5%), from -€8,871 to -€6,517
- Depreciation -€116
down €116 (-31.5%), from €368 to €252
- Other operating charges -€107
down €107 (-14.5%), from €735 to €629
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 | €4,821 | €11,385 | +€6,564 | +136% |
| Fixed assets | 21/28 | €374 | €122 | -€252 | -67.3% |
| Tangible fixed assets | 22/27 | €374 | €122 | -€252 | -67.3% |
| Plant, machinery and equipment | 23 | €262 | €122 | -€140 | -53.4% |
| Furniture and vehicles | 24 | €112 | €0 | -€112 | -100% |
| Current assets | 29/58 | €4,447 | €11,262 | +€6,816 | +153% |
| Amounts receivable within one year | 40/41 | €2,150 | €9,863 | +€7,713 | +359% |
| Trade receivables | 40 | €1,369 | €8,932 | +€7,564 | +553% |
| Other amounts receivable | 41 | €781 | €930 | +€149 | +19.1% |
| Cash at bank and in hand | 54/58 | €1,705 | €883 | -€822 | -48.2% |
| Deferred charges and accrued income | 490/1 | €592 | €517 | -€75 | -12.6% |
| Total equity and liabilities | 10/49 | €4,821 | €11,385 | +€6,564 | +136% |
| Equity | 10/15 | -€43,923 | -€51,365 | -€7,443 | -16.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,923 | -€61,365 | -€7,443 | -13.8% |
| Amounts payable | 17/49 | €48,743 | €62,750 | +€14,006 | +28.7% |
| Amounts payable within one year | 42/48 | €48,743 | €62,750 | +€14,006 | +28.7% |
| Trade debts | 44 | €161 | €3,067 | +€2,907 | +1,811% |
| Suppliers | 440/4 | €161 | €3,067 | +€2,907 | +1,811% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €48,583 | €59,682 | +€11,100 | +22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €368 | €252 | -€116 | -31.5% |
| Other operating charges | 640/8 | €735 | €629 | -€107 | -14.5% |
| Gross operating margin | 9900 | -€8,871 | -€6,517 | +€2,354 | +26.5% |
| Operating profit (loss) | 9901 | -€9,974 | -€7,398 | +€2,577 | +25.8% |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.6% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,018 | -€7,443 | +€2,575 | +25.7% |
| Profit (loss) for the period | 9904 | -€10,018 | -€7,443 | +€2,575 | +25.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,018 | -€7,443 | +€2,575 | +25.7% |
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 1 November 2026 via checked.be.