AV TEAM GROUP: what changed
AV TEAM GROUP
Largest movements
- Receivables within one year -€27,979
down €27,979 (-93.7%), from €29,864 to €1,886
of which Other amounts receivable: -€18,901
- Cash -€15,052
down €15,052 (-46.7%), from €32,217 to €17,165
mainly Other debts (-€17,380) and Net result for the year (-€14,934)
- Tangible fixed assets +€3,859
up €3,859 (+243%), from €1,591 to €5,451
of which Furniture and vehicles: +€2,222
- Other debts -€17,380
down €17,380 (-78.0%), from €22,281 to €4,901
- Profit (loss) carried forward -€14,934
down €14,934, from €6,628 to -€8,305
- Tax, wage and social debts -€3,630
down €3,630 (-29.6%), from €12,250 to €8,620
of which Taxes: -€1,904
- Trade debts -€3,221
down €3,221 (-19.3%), from €16,676 to €13,455
- Gross operating margin -€27,947
down €27,947 (-70.2%), from €39,830 to €11,883
- Other operating charges -€3,261
down €3,261 (-40.3%), from €8,090 to €4,829
- Financial charges -€2,680
down €2,680 (-57.1%), from €4,689 to €2,009
- Staff costs -€2,287
down €2,287 (-11.1%), from €20,623 to €18,336
- Depreciation +€1,380
up €1,380 (+1,289%), from €107 to €1,487
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,036 | €24,871 | -€39,165 | -61.2% |
| Fixed assets | 21/28 | €1,954 | €5,814 | +€3,859 | +197% |
| Tangible fixed assets | 22/27 | €1,591 | €5,451 | +€3,859 | +243% |
| Plant, machinery and equipment | 23 | - | €1,637 | +€1,637 | |
| Furniture and vehicles | 24 | €1,591 | €3,814 | +€2,222 | +140% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €62,081 | €19,057 | -€43,024 | -69.3% |
| Amounts receivable within one year | 40/41 | €29,864 | €1,886 | -€27,979 | -93.7% |
| Trade receivables | 40 | €10,963 | €1,886 | -€9,078 | -82.8% |
| Other amounts receivable | 41 | €18,901 | - | -€18,901 | |
| Cash at bank and in hand | 54/58 | €32,217 | €17,165 | -€15,052 | -46.7% |
| Deferred charges and accrued income | 490/1 | - | €7 | +€7 | |
| Total equity and liabilities | 10/49 | €64,036 | €24,871 | -€39,165 | -61.2% |
| Equity | 10/15 | €12,828 | -€2,105 | -€14,934 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,628 | -€8,305 | -€14,934 | |
| Amounts payable | 17/49 | €51,208 | €26,976 | -€24,231 | -47.3% |
| Amounts payable within one year | 42/48 | €51,208 | €26,976 | -€24,231 | -47.3% |
| Trade debts | 44 | €16,676 | €13,455 | -€3,221 | -19.3% |
| Suppliers | 440/4 | €16,676 | €13,455 | -€3,221 | -19.3% |
| Taxes, remuneration and social security | 45 | €12,250 | €8,620 | -€3,630 | -29.6% |
| Taxes | 450/3 | €10,524 | €8,620 | -€1,904 | -18.1% |
| Remuneration and social security | 454/9 | €1,726 | - | -€1,726 | |
| Other amounts payable | 47/48 | €22,281 | €4,901 | -€17,380 | -78.0% |
| Remuneration, social security and pensions | 62 | €20,623 | €18,336 | -€2,287 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107 | €1,487 | +€1,380 | +1,289% |
| Other operating charges | 640/8 | €8,090 | €4,829 | -€3,261 | -40.3% |
| Gross operating margin | 9900 | €39,830 | €11,883 | -€27,947 | -70.2% |
| Operating profit (loss) | 9901 | €11,009 | -€12,768 | -€23,778 | |
| Financial income | 75/76B | €4 | €29 | +€25 | +604% |
| Recurring financial income | 75 | €4 | €29 | +€25 | +604% |
| Financial charges | 65/66B | €4,689 | €2,009 | -€2,680 | -57.1% |
| Recurring financial charges | 65 | €4,689 | €2,009 | -€2,680 | -57.1% |
| Profit (loss) for the period before taxes | 9903 | €6,324 | -€14,749 | -€21,073 | |
| Income taxes | 67/77 | €1,357 | €185 | -€1,172 | -86.4% |
| Profit (loss) for the period | 9904 | €4,968 | -€14,934 | -€19,901 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,968 | -€14,934 | -€19,901 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.