AVA KB: 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.
AVA KB
Largest movements
- Receivables within one year +€42,878
up €42,878 (+97.8%), from €43,835 to €86,713
of which Other amounts receivable: +€49,188
- Cash -€18,654
down €18,654 (-87.0%), from €21,438 to €2,784
mainly Receivables within one year (-€42,878) and Investment in fixed assets (net) (-€6,100)
- Tangible fixed assets +€5,027
up €5,027 (+459%), from €1,094 to €6,121
of which Furniture and vehicles: +€4,203
- Reserves +€16,594
up €16,594 (+35.9%), from €46,176 to €62,770
- Other debts +€8,688
new in 2025: €8,688
- Tax, wage and social debts +€4,562
up €4,562 (+23.8%), from €19,138 to €23,700
- Gross operating margin -€38,679
down €38,679 (-60.7%), from €63,747 to €25,068
- Taxes -€10,738
down €10,738 (-61.7%), from €17,402 to €6,664
- Depreciation +€1,060
up €1,060 (+8,362%), from €13 to €1,073
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 | €69,368 | €98,618 | +€29,250 | +42.2% |
| Fixed assets | 21/28 | €1,094 | €6,121 | +€5,027 | +459% |
| Tangible fixed assets | 22/27 | €1,094 | €6,121 | +€5,027 | +459% |
| Plant, machinery and equipment | 23 | - | €824 | +€824 | |
| Furniture and vehicles | 24 | €1,094 | €5,297 | +€4,203 | +384% |
| Current assets | 29/58 | €68,274 | €92,497 | +€24,224 | +35.5% |
| Stocks and contracts in progress | 3 | €3,000 | €3,000 | = | 0.0% |
| Stocks | 30/36 | €3,000 | €3,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €43,835 | €86,713 | +€42,878 | +97.8% |
| Trade receivables | 40 | €12,523 | €6,213 | -€6,310 | -50.4% |
| Other amounts receivable | 41 | €31,312 | €80,500 | +€49,188 | +157% |
| Cash at bank and in hand | 54/58 | €21,438 | €2,784 | -€18,654 | -87.0% |
| Total equity and liabilities | 10/49 | €69,368 | €98,618 | +€29,250 | +42.2% |
| Equity | 10/15 | €49,176 | €65,770 | +€16,594 | +33.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €46,176 | €62,770 | +€16,594 | +35.9% |
| Distributable reserves | 133 | €46,176 | €62,770 | +€16,594 | +35.9% |
| Amounts payable | 17/49 | €20,192 | €32,848 | +€12,656 | +62.7% |
| Amounts payable within one year | 42/48 | €20,192 | €32,848 | +€12,656 | +62.7% |
| Trade debts | 44 | €1,053 | €460 | -€593 | -56.3% |
| Suppliers | 440/4 | €1,053 | €460 | -€593 | -56.3% |
| Taxes, remuneration and social security | 45 | €19,138 | €23,700 | +€4,562 | +23.8% |
| Taxes | 450/3 | €19,138 | €23,700 | +€4,562 | +23.8% |
| Other amounts payable | 47/48 | - | €8,688 | +€8,688 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13 | €1,073 | +€1,060 | +8,362% |
| Other operating charges | 640/8 | - | €420 | +€420 | |
| Gross operating margin | 9900 | €63,747 | €25,068 | -€38,679 | -60.7% |
| Operating profit (loss) | 9901 | €63,734 | €23,575 | -€40,159 | -63.0% |
| Financial income | 75/76B | €41 | - | -€41 | |
| Recurring financial income | 75 | €41 | - | -€41 | |
| Financial charges | 65/66B | €197 | €317 | +€120 | +60.6% |
| Recurring financial charges | 65 | €197 | €317 | +€120 | +60.6% |
| Profit (loss) for the period before taxes | 9903 | €63,578 | €23,258 | -€40,320 | -63.4% |
| Income taxes | 67/77 | €17,402 | €6,664 | -€10,738 | -61.7% |
| Profit (loss) for the period | 9904 | €46,176 | €16,594 | -€29,582 | -64.1% |
| Profit (loss) for the period to be appropriated | 9905 | €46,176 | €16,594 | -€29,582 | -64.1% |
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 28 October 2026 via checked.be.