AV8 & CO: 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.
AV8 & CO
Largest movements
- Tangible fixed assets -€1,807
down €1,807 (-62.7%), from €2,880 to €1,073
- Receivables within one year -€1,504
down €1,504 (-81.6%), from €1,843 to €339
of which Trade receivables: -€1,355
- Cash +€966
up €966 (+362%), from €267 to €1,233
mainly Other debts (+€4,208) and Depreciation (+€1,807)
- Profit (loss) carried forward -€6,596
down €6,596 (-10.2%), from -€64,966 to -€71,561
- Other debts +€4,208
up €4,208 (+6.3%), from €67,321 to €71,529
- Tax, wage and social debts +€1,010
new in 2025: €1,010
- Trade debts -€967
down €967 (-59.2%), from €1,634 to €667
- Depreciation -€182
down €182 (-9.1%), from €1,989 to €1,807
- Gross operating margin +€87
up €87 (+2.1%), from -€4,170 to -€4,083
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 | €4,990 | €2,644 | -€2,346 | -47.0% |
| Fixed assets | 21/28 | €2,880 | €1,073 | -€1,807 | -62.7% |
| Tangible fixed assets | 22/27 | €2,880 | €1,073 | -€1,807 | -62.7% |
| Plant, machinery and equipment | 23 | €2,880 | €1,073 | -€1,807 | -62.7% |
| Current assets | 29/58 | €2,110 | €1,572 | -€538 | -25.5% |
| Amounts receivable within one year | 40/41 | €1,843 | €339 | -€1,504 | -81.6% |
| Trade receivables | 40 | €1,694 | €339 | -€1,355 | -80.0% |
| Other amounts receivable | 41 | €149 | - | -€149 | |
| Cash at bank and in hand | 54/58 | €267 | €1,233 | +€966 | +362% |
| Total equity and liabilities | 10/49 | €4,990 | €2,644 | -€2,346 | -47.0% |
| Equity | 10/15 | -€63,966 | -€70,561 | -€6,596 | -10.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,966 | -€71,561 | -€6,596 | -10.2% |
| Amounts payable | 17/49 | €68,955 | €73,206 | +€4,250 | +6.2% |
| Amounts payable within one year | 42/48 | €68,955 | €73,206 | +€4,250 | +6.2% |
| Trade debts | 44 | €1,634 | €667 | -€967 | -59.2% |
| Suppliers | 440/4 | €1,634 | €667 | -€967 | -59.2% |
| Taxes, remuneration and social security | 45 | - | €1,010 | +€1,010 | |
| Taxes | 450/3 | - | €1,010 | +€1,010 | |
| Other amounts payable | 47/48 | €67,321 | €71,529 | +€4,208 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,989 | €1,807 | -€182 | -9.1% |
| Other operating charges | 640/8 | €451 | €465 | +€14 | +3.2% |
| Gross operating margin | 9900 | -€4,170 | -€4,083 | +€87 | +2.1% |
| Operating profit (loss) | 9901 | -€6,610 | -€6,356 | +€254 | +3.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €211 | €240 | +€29 | +13.7% |
| Recurring financial charges | 65 | €211 | €240 | +€29 | +13.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,821 | -€6,596 | +€225 | +3.3% |
| Profit (loss) for the period | 9904 | -€6,821 | -€6,596 | +€225 | +3.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,821 | -€6,596 | +€225 | +3.3% |
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 23 October 2026 via checked.be.