AVC Consulting: 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.
AVC Consulting
Largest movements
- Receivables after one year -€85,000
no longer reported in 2025 (was €85,000)
- Cash +€53,000
up €53,000 (+45.1%), from €117,430 to €170,430
mainly Other debts (+€136,191) and Receivables after one year (+€85,000)
- Current investments -€18,000
down €18,000 (-8.2%), from €220,000 to €202,000
- Receivables within one year -€6,750
down €6,750 (-21.6%), from €31,187 to €24,437
of which Other amounts receivable: -€21,465
- Reserves -€209,693
down €209,693 (-49.9%), from €420,553 to €210,860
of which Distributable reserves: -€209,693
- Other debts +€136,191
new in 2025: €136,191
- Tax, wage and social debts +€16,287
up €16,287 (+47.7%), from €34,134 to €50,421
- Gross operating margin -€52,852
down €52,852 (-41.0%), from €128,767 to €75,915
- Taxes -€16,631
down €16,631 (-41.6%), from €40,004 to €23,373
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 | €456,079 | €399,418 | -€56,661 | -12.4% |
| Fixed assets | 21/28 | €2,257 | €2,408 | +€151 | +6.7% |
| Intangible fixed assets | 21 | €500 | €400 | -€100 | -20.0% |
| Tangible fixed assets | 22/27 | €1,757 | €2,008 | +€251 | +14.3% |
| Plant, machinery and equipment | 23 | €1,757 | €2,008 | +€251 | +14.3% |
| Current assets | 29/58 | €453,822 | €397,010 | -€56,812 | -12.5% |
| Amounts receivable after more than one year | 29 | €85,000 | - | -€85,000 | |
| Other amounts receivable | 291 | €85,000 | - | -€85,000 | |
| Amounts receivable within one year | 40/41 | €31,187 | €24,437 | -€6,750 | -21.6% |
| Trade receivables | 40 | €9,008 | €23,723 | +€14,715 | +163% |
| Other amounts receivable | 41 | €22,179 | €714 | -€21,465 | -96.8% |
| Current investments | 50/53 | €220,000 | €202,000 | -€18,000 | -8.2% |
| Cash at bank and in hand | 54/58 | €117,430 | €170,430 | +€53,000 | +45.1% |
| Deferred charges and accrued income | 490/1 | €205 | €143 | -€62 | -30.2% |
| Total equity and liabilities | 10/49 | €456,079 | €399,418 | -€56,661 | -12.4% |
| Equity | 10/15 | €421,553 | €211,860 | -€209,693 | -49.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €420,553 | €210,860 | -€209,693 | -49.9% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Distributable reserves | 133 | €420,453 | €210,760 | -€209,693 | -49.9% |
| Amounts payable | 17/49 | €34,526 | €187,558 | +€153,032 | +443% |
| Amounts payable within one year | 42/48 | €34,526 | €187,558 | +€153,032 | +443% |
| Trade debts | 44 | €392 | €946 | +€554 | +141% |
| Suppliers | 440/4 | €392 | €946 | +€554 | +141% |
| Taxes, remuneration and social security | 45 | €34,134 | €50,421 | +€16,287 | +47.7% |
| Taxes | 450/3 | €34,134 | €50,421 | +€16,287 | +47.7% |
| Other amounts payable | 47/48 | - | €136,191 | +€136,191 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,578 | €1,506 | -€72 | -4.6% |
| Other operating charges | 640/8 | €491 | €210 | -€281 | -57.2% |
| Gross operating margin | 9900 | €128,767 | €75,915 | -€52,852 | -41.0% |
| Operating profit (loss) | 9901 | €126,698 | €74,199 | -€52,499 | -41.4% |
| Financial income | 75/76B | €8,030 | €6,819 | -€1,211 | -15.1% |
| Recurring financial income | 75 | €8,030 | €6,819 | -€1,211 | -15.1% |
| Financial charges | 65/66B | €98 | €97 | -€1 | -1.0% |
| Recurring financial charges | 65 | €98 | €97 | -€1 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €134,630 | €80,921 | -€53,709 | -39.9% |
| Income taxes | 67/77 | €40,004 | €23,373 | -€16,631 | -41.6% |
| Profit (loss) for the period | 9904 | €94,626 | €57,548 | -€37,078 | -39.2% |
| Profit (loss) for the period to be appropriated | 9905 | €94,626 | €57,548 | -€37,078 | -39.2% |
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 15 October 2026 via checked.be.