AVASOL: 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.
AVASOL
Largest movements
- Receivables within one year +€147,733
up €147,733 (+87.2%), from €169,454 to €317,188
of which Trade receivables: +€123,493
- Trade debts +€205,635
up €205,635 (+177%), from €115,874 to €321,509
- Profit (loss) carried forward -€177,153
down €177,153 (-89.6%), from €197,762 to €20,608
- Other debts +€115,702
up €115,702 (+29.7%), from €389,295 to €504,997
- Tax, wage and social debts -€11,688
down €11,688 (-23.1%), from €50,506 to €38,818
- Debts after one year +€10,575
new in 2024: €10,575
- Gross operating margin -€207,431
down €207,431, from €38,936 to -€168,496
- Taxes -€6,800
down €6,800 (-93.2%), from €7,300 to €500
- Financial charges -€3,626
down €3,626 (-56.8%), from €6,379 to €2,754
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €800,073 | €943,236 | +€143,162 | +17.9% |
| Fixed assets | 21/28 | €530,569 | €526,024 | -€4,545 | -0.9% |
| Tangible fixed assets | 22/27 | €15,569 | €11,024 | -€4,545 | -29.2% |
| Furniture and vehicles | 24 | €2,685 | €5 | -€2,680 | -99.8% |
| Other tangible fixed assets | 26 | €12,884 | €11,019 | -€1,865 | -14.5% |
| Financial fixed assets | 28 | €515,000 | €515,000 | = | 0.0% |
| Current assets | 29/58 | €269,504 | €417,212 | +€147,707 | +54.8% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €169,454 | €317,188 | +€147,733 | +87.2% |
| Trade receivables | 40 | €60,738 | €184,230 | +€123,493 | +203% |
| Other amounts receivable | 41 | €108,717 | €132,957 | +€24,241 | +22.3% |
| Cash at bank and in hand | 54/58 | €50 | €24 | -€26 | -51.9% |
| Total equity and liabilities | 10/49 | €800,073 | €943,236 | +€143,162 | +17.9% |
| Equity | 10/15 | €228,813 | €51,659 | -€177,153 | -77.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,451 | €12,451 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €10,591 | €10,591 | = | 0.0% |
| Profit (loss) carried forward | 14 | €197,762 | €20,608 | -€177,153 | -89.6% |
| Amounts payable | 17/49 | €571,261 | €891,576 | +€320,316 | +56.1% |
| Amounts payable after more than one year | 17 | - | €10,575 | +€10,575 | |
| Financial debts | 170/4 | - | €10,575 | +€10,575 | |
| Amounts payable within one year | 42/48 | €571,261 | €881,001 | +€309,741 | +54.2% |
| Financial debts | 43 | €15,586 | €15,677 | +€92 | +0.6% |
| Credit institutions | 430/8 | €15,586 | €15,677 | +€92 | +0.6% |
| Trade debts | 44 | €115,874 | €321,509 | +€205,635 | +177% |
| Suppliers | 440/4 | €115,874 | €321,509 | +€205,635 | +177% |
| Taxes, remuneration and social security | 45 | €50,506 | €38,818 | -€11,688 | -23.1% |
| Taxes | 450/3 | €50,506 | €38,818 | -€11,688 | -23.1% |
| Other amounts payable | 47/48 | €389,295 | €504,997 | +€115,702 | +29.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,633 | €4,545 | -€1,088 | -19.3% |
| Other operating charges | 640/8 | €1,128 | €859 | -€269 | -23.8% |
| Gross operating margin | 9900 | €38,936 | -€168,496 | -€207,431 | |
| Operating profit (loss) | 9901 | €32,174 | -€173,900 | -€206,074 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €6,379 | €2,754 | -€3,626 | -56.8% |
| Recurring financial charges | 65 | €6,379 | €2,754 | -€3,626 | -56.8% |
| Profit (loss) for the period before taxes | 9903 | €25,795 | -€176,653 | -€202,448 | |
| Income taxes | 67/77 | €7,300 | €500 | -€6,800 | -93.2% |
| Profit (loss) for the period | 9904 | €18,495 | -€177,153 | -€195,648 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,495 | -€177,153 | -€195,648 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.