AV & V SOLUTIONS: 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 & V SOLUTIONS
Largest movements
- Current investments +€243,540
up €243,540 (+59.4%), from €410,000 to €653,540
- Cash -€117,348
down €117,348 (-98.6%), from €118,977 to €1,629
mainly Current investments (-€243,540) and Investment in fixed assets (net) (-€1,030)
- Tangible fixed assets -€10,952
down €10,952 (-34.4%), from €31,805 to €20,853
of which Furniture and vehicles: -€10,859
- Reserves +€70,000
up €70,000 (+56.7%), from €123,435 to €193,435
- Profit (loss) carried forward +€32,523
up €32,523 (+10.0%), from €324,696 to €357,219
- Tax, wage and social debts +€12,854
up €12,854 (+64.9%), from €19,791 to €32,645
- Gross operating margin +€26,664
up €26,664 (+23.1%), from €115,602 to €142,267
- Taxes +€6,917
up €6,917 (+22.7%), from €30,451 to €37,368
- Financial income -€4,832
down €4,832 (-30.9%), from €15,618 to €10,785
- Financial charges -€2,379
down €2,379 (-92.7%), from €2,565 to €186
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 | €581,565 | €697,809 | +€116,244 | +20.0% |
| Fixed assets | 21/28 | €31,805 | €20,853 | -€10,952 | -34.4% |
| Tangible fixed assets | 22/27 | €31,805 | €20,853 | -€10,952 | -34.4% |
| Plant, machinery and equipment | 23 | €346 | €253 | -€93 | -26.8% |
| Furniture and vehicles | 24 | €31,458 | €20,599 | -€10,859 | -34.5% |
| Current assets | 29/58 | €549,761 | €676,956 | +€127,196 | +23.1% |
| Amounts receivable within one year | 40/41 | €18,700 | €19,573 | +€873 | +4.7% |
| Trade receivables | 40 | €18,695 | €19,545 | +€850 | +4.5% |
| Other amounts receivable | 41 | €6 | €28 | +€22 | +400% |
| Current investments | 50/53 | €410,000 | €653,540 | +€243,540 | +59.4% |
| Cash at bank and in hand | 54/58 | €118,977 | €1,629 | -€117,348 | -98.6% |
| Deferred charges and accrued income | 490/1 | €2,084 | €2,215 | +€131 | +6.3% |
| Total equity and liabilities | 10/49 | €581,565 | €697,809 | +€116,244 | +20.0% |
| Equity | 10/15 | €458,131 | €560,654 | +€102,523 | +22.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €123,435 | €193,435 | +€70,000 | +56.7% |
| Distributable reserves | 133 | €123,435 | €193,435 | +€70,000 | +56.7% |
| Profit (loss) carried forward | 14 | €324,696 | €357,219 | +€32,523 | +10.0% |
| Amounts payable | 17/49 | €123,434 | €137,155 | +€13,721 | +11.1% |
| Amounts payable within one year | 42/48 | €123,434 | €137,155 | +€13,721 | +11.1% |
| Trade debts | 44 | €249 | €296 | +€47 | +19.0% |
| Suppliers | 440/4 | €249 | €296 | +€47 | +19.0% |
| Taxes, remuneration and social security | 45 | €19,791 | €32,645 | +€12,854 | +64.9% |
| Taxes | 450/3 | €19,791 | €32,645 | +€12,854 | +64.9% |
| Other amounts payable | 47/48 | €103,394 | €104,214 | +€820 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,844 | €11,982 | +€138 | +1.2% |
| Other operating charges | 640/8 | €653 | €994 | +€341 | +52.2% |
| Gross operating margin | 9900 | €115,602 | €142,267 | +€26,664 | +23.1% |
| Operating profit (loss) | 9901 | €103,106 | €129,292 | +€26,186 | +25.4% |
| Financial income | 75/76B | €15,618 | €10,785 | -€4,832 | -30.9% |
| Recurring financial income | 75 | €15,618 | €10,785 | -€4,832 | -30.9% |
| Financial charges | 65/66B | €2,565 | €186 | -€2,379 | -92.7% |
| Recurring financial charges | 65 | €2,565 | €186 | -€2,379 | -92.7% |
| Profit (loss) for the period before taxes | 9903 | €116,158 | €139,891 | +€23,733 | +20.4% |
| Income taxes | 67/77 | €30,451 | €37,368 | +€6,917 | +22.7% |
| Profit (loss) for the period | 9904 | €85,708 | €102,523 | +€16,815 | +19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €85,708 | €102,523 | +€16,815 | +19.6% |
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 15 October 2026 via checked.be.