AVCIBAT: 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.
AVCIBAT
Largest movements
- Cash -€52,348
down €52,348 (-25.0%), from €209,687 to €157,339
mainly Tax, wage and social debts (-€32,462) and Receivables within one year (-€24,634)
- Receivables within one year +€24,634
up €24,634 (+36.7%), from €67,139 to €91,773
of which Trade receivables: +€22,643
- Tangible fixed assets -€8,938
down €8,938 (-89.0%), from €10,047 to €1,109
- Tax, wage and social debts -€32,462
down €32,462 (-82.3%), from €39,433 to €6,971
- Profit (loss) carried forward +€29,340
up €29,340 (+15.5%), from €189,780 to €219,120
- Trade debts -€24,621
down €24,621 (-93.9%), from €26,230 to €1,609
- Other debts -€4,249
down €4,249 (-98.0%), from €4,336 to €87
- Turnover -€447,104
down €447,104 (-49.1%), from €910,497 to €463,393
- Purchases and services -€316,516
down €316,516 (-45.2%), from €699,676 to €383,160
- Gross operating margin -€122,622
down €122,622 (-57.1%), from €214,578 to €91,956
- Taxes -€32,462
down €32,462 (-82.3%), from €39,433 to €6,971
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 | €286,873 | €250,221 | -€36,652 | -12.8% |
| Fixed assets | 21/28 | €10,047 | €1,109 | -€8,938 | -89.0% |
| Tangible fixed assets | 22/27 | €10,047 | €1,109 | -€8,938 | -89.0% |
| Furniture and vehicles | 24 | €10,047 | €1,109 | -€8,938 | -89.0% |
| Current assets | 29/58 | €276,826 | €249,112 | -€27,714 | -10.0% |
| Amounts receivable within one year | 40/41 | €67,139 | €91,773 | +€24,634 | +36.7% |
| Trade receivables | 40 | €53,524 | €76,167 | +€22,643 | +42.3% |
| Other amounts receivable | 41 | €13,615 | €15,606 | +€1,991 | +14.6% |
| Cash at bank and in hand | 54/58 | €209,687 | €157,339 | -€52,348 | -25.0% |
| Total equity and liabilities | 10/49 | €286,873 | €250,221 | -€36,652 | -12.8% |
| Equity | 10/15 | €210,240 | €239,580 | +€29,340 | +14.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €189,780 | €219,120 | +€29,340 | +15.5% |
| Amounts payable | 17/49 | €76,633 | €10,641 | -€65,992 | -86.1% |
| Amounts payable after more than one year | 17 | €1,974 | - | -€1,974 | |
| Financial debts | 170/4 | €1,974 | - | -€1,974 | |
| Amounts payable within one year | 42/48 | €74,659 | €10,641 | -€64,018 | -85.7% |
| Current portion of amounts payable after more than one year | 42 | €4,660 | €1,974 | -€2,686 | -57.6% |
| Trade debts | 44 | €26,230 | €1,609 | -€24,621 | -93.9% |
| Suppliers | 440/4 | €26,230 | €1,609 | -€24,621 | -93.9% |
| Taxes, remuneration and social security | 45 | €39,433 | €6,971 | -€32,462 | -82.3% |
| Taxes | 450/3 | €39,433 | €6,971 | -€32,462 | -82.3% |
| Other amounts payable | 47/48 | €4,336 | €87 | -€4,249 | -98.0% |
| Turnover | 70 | €910,497 | €463,393 | -€447,104 | -49.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €699,676 | €383,160 | -€316,516 | -45.2% |
| Remuneration, social security and pensions | 62 | €38,993 | €44,016 | +€5,023 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,434 | €8,938 | -€1,496 | -14.3% |
| Other operating charges | 640/8 | €2,454 | €2,359 | -€95 | -3.9% |
| Gross operating margin | 9900 | €214,578 | €91,956 | -€122,622 | -57.1% |
| Operating profit (loss) | 9901 | €162,697 | €36,643 | -€126,054 | -77.5% |
| Financial charges | 65/66B | €431 | €332 | -€99 | -23.0% |
| Recurring financial charges | 65 | €431 | €332 | -€99 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | €162,266 | €36,311 | -€125,955 | -77.6% |
| Income taxes | 67/77 | €39,433 | €6,971 | -€32,462 | -82.3% |
| Profit (loss) for the period | 9904 | €122,833 | €29,340 | -€93,493 | -76.1% |
| Profit (loss) for the period to be appropriated | 9905 | €122,833 | €29,340 | -€93,493 | -76.1% |
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 12 October 2026 via checked.be.