AVA BCG: what changed
Two fiscal 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.
AVA BCG
Largest movements
- Cash -€16,370
down €16,370 (-34.2%), from €47,839 to €31,469
mainly Contributions, distributions and other (-€77,104) and Receivables within one year (-€11,019)
- Receivables within one year +€11,019
up €11,019 (+24.7%), from €44,607 to €55,626
of which Trade receivables: +€9,995
- Profit (loss) carried forward -€73,346
down €73,346 (-95.1%), from €77,104 to €3,758
- Other debts +€63,225
new in 2025: €63,225
- Tax, wage and social debts +€8,301
up €8,301 (+76.7%), from €10,818 to €19,119
of which Taxes: +€10,301
- Trade debts -€3,042
down €3,042 (-54.8%), from €5,547 to €2,505
- Gross operating margin -€7,190
down €7,190 (-49.7%), from €14,474 to €7,284
- Taxes -€1,465
down €1,465 (-43.6%), from €3,362 to €1,897
- Depreciation +€351
up €351 (+35.8%), from €982 to €1,333
- Other operating charges -€313
down €313 (-15.6%), from €2,001 to €1,688
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.
Cash bridge derived
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 | €94,569 | €89,707 | -€4,862 | -5.1% |
| Fixed assets | 21/28 | €1,546 | €2,209 | +€663 | +42.9% |
| Tangible fixed assets | 22/27 | €1,546 | €2,209 | +€663 | +42.9% |
| Plant, machinery and equipment | 23 | €925 | €349 | -€576 | -62.3% |
| Furniture and vehicles | 24 | €621 | €1,860 | +€1,239 | +199.4% |
| Current assets | 29/58 | €93,023 | €87,498 | -€5,525 | -5.9% |
| Amounts receivable within one year | 40/41 | €44,607 | €55,626 | +€11,019 | +24.7% |
| Trade receivables | 40 | €10,080 | €20,075 | +€9,995 | +99.2% |
| Other amounts receivable | 41 | €34,527 | €35,551 | +€1,024 | +3.0% |
| Cash at bank and in hand | 54/58 | €47,839 | €31,469 | -€16,370 | -34.2% |
| Deferred charges and accrued income | 490/1 | €576 | €403 | -€173 | -30.0% |
| Total equity and liabilities | 10/49 | €94,569 | €89,707 | -€4,862 | -5.1% |
| Equity | 10/15 | €78,204 | €4,858 | -€73,346 | -93.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Outside capital | 11 | - | €1,000 | +€1,000 | |
| Other | 1109/19 | - | €1,000 | +€1,000 | |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,104 | €3,758 | -€73,346 | -95.1% |
| Amounts payable | 17/49 | €16,365 | €84,849 | +€68,484 | +418.5% |
| Amounts payable within one year | 42/48 | €16,365 | €84,849 | +€68,484 | +418.5% |
| Trade debts | 44 | €5,547 | €2,505 | -€3,042 | -54.8% |
| Suppliers | 440/4 | €5,547 | €2,505 | -€3,042 | -54.8% |
| Taxes, remuneration and social security | 45 | €10,818 | €19,119 | +€8,301 | +76.7% |
| Taxes | 450/3 | €8,818 | €19,119 | +€10,301 | +116.8% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | - | €63,225 | +€63,225 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €982 | €1,333 | +€351 | +35.8% |
| Other operating charges | 640/8 | €2,001 | €1,688 | -€313 | -15.6% |
| Gross operating margin | 9900 | €14,474 | €7,284 | -€7,190 | -49.7% |
| Operating profit (loss) | 9901 | €11,492 | €4,263 | -€7,229 | -62.9% |
| Financial income | 75/76B | €1,937 | €1,798 | -€139 | -7.2% |
| Recurring financial income | 75 | €1,937 | €1,798 | -€139 | -7.2% |
| Financial charges | 65/66B | €443 | €406 | -€37 | -8.4% |
| Recurring financial charges | 65 | €443 | €406 | -€37 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €12,985 | €5,655 | -€7,330 | -56.5% |
| Income taxes | 67/77 | €3,362 | €1,897 | -€1,465 | -43.6% |
| Profit (loss) for the period | 9904 | €9,624 | €3,758 | -€5,866 | -61.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,624 | €3,758 | -€5,866 | -61.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.