AV WIZARD: 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 WIZARD
Largest movements
- Cash -€53,058
down €53,058 (-74.0%), from €71,679 to €18,621
mainly Current investments (-€50,000) and Contributions, distributions and other (-€20,000)
- Current investments +€50,000
new in 2025: €50,000
- Receivables within one year +€6,229
up €6,229 (+20.2%), from €30,838 to €37,067
of which Trade receivables: +€6,075
- Tangible fixed assets -€2,649
down €2,649 (-16.1%), from €16,478 to €13,829
- Other debts -€8,519
down €8,519 (-9.9%), from €85,674 to €77,155
- Tax, wage and social debts +€5,324
up €5,324, from €0 to €5,324
- Trade debts +€1,868
up €1,868 (+30.7%), from €6,079 to €7,947
- Gross operating margin -€51,665
down €51,665 (-59.1%), from €87,391 to €35,726
- Taxes -€8,743
down €8,743 (-57.6%), from €15,188 to €6,445
- Other operating charges -€3,578
down €3,578 (-70.4%), from €5,083 to €1,504
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 | €136,620 | €135,853 | -€767 | -0.6% |
| Fixed assets | 21/28 | €16,478 | €13,829 | -€2,649 | -16.1% |
| Tangible fixed assets | 22/27 | €16,478 | €13,829 | -€2,649 | -16.1% |
| Plant, machinery and equipment | 23 | €16,478 | €13,829 | -€2,649 | -16.1% |
| Current assets | 29/58 | €120,142 | €122,024 | +€1,883 | +1.6% |
| Amounts receivable within one year | 40/41 | €30,838 | €37,067 | +€6,229 | +20.2% |
| Trade receivables | 40 | €22,459 | €28,534 | +€6,075 | +27.0% |
| Other amounts receivable | 41 | €8,379 | €8,533 | +€154 | +1.8% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €71,679 | €18,621 | -€53,058 | -74.0% |
| Deferred charges and accrued income | 490/1 | €17,624 | €16,336 | -€1,288 | -7.3% |
| Total equity and liabilities | 10/49 | €136,620 | €135,853 | -€767 | -0.6% |
| Equity | 10/15 | €19,953 | €20,995 | +€1,042 | +5.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €165 | €165 | = | 0.0% |
| Distributable reserves | 133 | €165 | €165 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,238 | €2,280 | +€1,042 | +84.2% |
| Amounts payable | 17/49 | €116,667 | €114,858 | -€1,809 | -1.6% |
| Amounts payable after more than one year | 17 | €19,633 | €19,633 | = | 0.0% |
| Financial debts | 170/4 | €19,633 | €19,633 | = | 0.0% |
| Amounts payable within one year | 42/48 | €95,160 | €93,835 | -€1,324 | -1.4% |
| Financial debts | 43 | €3,407 | €3,409 | +€2 | +0.1% |
| Credit institutions | 430/8 | €3,407 | €3,409 | +€2 | +0.1% |
| Trade debts | 44 | €6,079 | €7,947 | +€1,868 | +30.7% |
| Suppliers | 440/4 | €6,079 | €7,947 | +€1,868 | +30.7% |
| Taxes, remuneration and social security | 45 | €0 | €5,324 | +€5,324 | |
| Taxes | 450/3 | €0 | €5,324 | +€5,324 | |
| Other amounts payable | 47/48 | €85,674 | €77,155 | -€8,519 | -9.9% |
| Accrued charges and deferred income | 492/3 | €1,875 | €1,390 | -€485 | -25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,012 | €5,233 | -€779 | -12.9% |
| Other operating charges | 640/8 | €5,083 | €1,504 | -€3,578 | -70.4% |
| Non-recurring operating charges | 66A | €594 | €0 | -€594 | -100% |
| Gross operating margin | 9900 | €87,391 | €35,726 | -€51,665 | -59.1% |
| Operating profit (loss) | 9901 | €75,703 | €28,988 | -€46,714 | -61.7% |
| Financial income | 75/76B | €94 | €477 | +€384 | +410% |
| Recurring financial income | 75 | €94 | €477 | +€384 | +410% |
| Financial charges | 65/66B | €2,289 | €1,978 | -€311 | -13.6% |
| Recurring financial charges | 65 | €2,289 | €1,978 | -€311 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €73,508 | €27,487 | -€46,020 | -62.6% |
| Income taxes | 67/77 | €15,188 | €6,445 | -€8,743 | -57.6% |
| Profit (loss) for the period | 9904 | €58,320 | €21,042 | -€37,278 | -63.9% |
| Profit (loss) for the period to be appropriated | 9905 | €58,320 | €21,042 | -€37,278 | -63.9% |
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 17 October 2026 via checked.be.