AVACCO: what changed
AVACCO
Largest movements
- Receivables within one year +€31,590
up €31,590 (+130%), from €24,273 to €55,862
of which Other amounts receivable: +€31,015
- Cash +€3,001
up €3,001 (+4.5%), from €67,140 to €70,142
mainly Net result for the year (+€99,631) and Other debts (+€25,700)
- Tangible fixed assets -€2,943
down €2,943 (-44.8%), from €6,574 to €3,631
of which Furniture and vehicles: -€2,879
- Other debts +€25,700
up €25,700 (+34.8%), from €73,931 to €99,631
- Tax, wage and social debts +€6,505
up €6,505 (+50.4%), from €12,913 to €19,418
of which Taxes: +€6,505
- Gross operating margin +€33,539
up €33,539 (+34.0%), from €98,611 to €132,150
- Taxes +€8,135
up €8,135 (+39.0%), from €20,879 to €29,013
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €105,477 | €137,812 | +€32,335 | +30.7% |
| Fixed assets | 21/28 | €6,574 | €3,631 | -€2,943 | -44.8% |
| Tangible fixed assets | 22/27 | €6,574 | €3,631 | -€2,943 | -44.8% |
| Plant, machinery and equipment | 23 | €64 | €0 | -€64 | -100% |
| Furniture and vehicles | 24 | €6,510 | €3,631 | -€2,879 | -44.2% |
| Current assets | 29/58 | €98,903 | €134,181 | +€35,278 | +35.7% |
| Amounts receivable after more than one year | 29 | €6,750 | €6,750 | = | 0.0% |
| Other amounts receivable | 291 | €6,750 | €6,750 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €24,273 | €55,862 | +€31,590 | +130% |
| Trade receivables | 40 | €17,630 | €18,204 | +€575 | +3.3% |
| Other amounts receivable | 41 | €6,643 | €37,658 | +€31,015 | +467% |
| Cash at bank and in hand | 54/58 | €67,140 | €70,142 | +€3,001 | +4.5% |
| Deferred charges and accrued income | 490/1 | €740 | €1,426 | +€686 | +92.7% |
| Total equity and liabilities | 10/49 | €105,477 | €137,812 | +€32,335 | +30.7% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €86,877 | €119,212 | +€32,335 | +37.2% |
| Amounts payable within one year | 42/48 | €86,877 | €119,212 | +€32,335 | +37.2% |
| Trade debts | 44 | €33 | €163 | +€130 | +396% |
| Suppliers | 440/4 | €33 | €163 | +€130 | +396% |
| Taxes, remuneration and social security | 45 | €12,913 | €19,418 | +€6,505 | +50.4% |
| Taxes | 450/3 | €10,613 | €17,118 | +€6,505 | +61.3% |
| Remuneration and social security | 454/9 | €2,300 | €2,300 | = | 0.0% |
| Other amounts payable | 47/48 | €73,931 | €99,631 | +€25,700 | +34.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,741 | €2,943 | +€202 | +7.4% |
| Other operating charges | 640/8 | €1,340 | €1,405 | +€64 | +4.8% |
| Gross operating margin | 9900 | €98,611 | €132,150 | +€33,539 | +34.0% |
| Operating profit (loss) | 9901 | €94,529 | €127,803 | +€33,273 | +35.2% |
| Financial income | 75/76B | €365 | €1,266 | +€901 | +247% |
| Recurring financial income | 75 | €365 | €1,266 | +€901 | +247% |
| Financial charges | 65/66B | €84 | €425 | +€340 | +403% |
| Recurring financial charges | 65 | €84 | €425 | +€340 | +403% |
| Profit (loss) for the period before taxes | 9903 | €94,810 | €128,644 | +€33,834 | +35.7% |
| Income taxes | 67/77 | €20,879 | €29,013 | +€8,135 | +39.0% |
| Profit (loss) for the period | 9904 | €73,931 | €99,631 | +€25,700 | +34.8% |
| Profit (loss) for the period to be appropriated | 9905 | €73,931 | €99,631 | +€25,700 | +34.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.