AVD ACCOUNTING: 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.
AVD ACCOUNTING
Largest movements
- Cash +€62,867
up €62,867 (+33.6%), from €187,044 to €249,910
mainly Other debts (+€229,941) and Net result for the year (+€55,398)
- Receivables within one year -€5,360
down €5,360 (-29.2%), from €18,368 to €13,008
- Other debts +€229,941
up €229,941 (+28,400%), from €810 to €230,751
- Profit (loss) carried forward -€174,602
down €174,602 (-93.1%), from €187,558 to €12,956
- Gross operating margin +€2,795
up €2,795 (+3.7%), from €75,964 to €78,759
- Depreciation -€1,994
down €1,994 (-50.8%), from €3,924 to €1,930
- Financial charges +€1,110
up €1,110 (+43.2%), from €2,567 to €3,677
- Taxes +€938
up €938 (+5.8%), from €16,174 to €17,111
- Financial income -€835
down €835 (-82.3%), from €1,015 to €180
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 | €207,406 | €264,529 | +€57,123 | +27.5% |
| Fixed assets | 21/28 | €1,995 | €1,612 | -€383 | -19.2% |
| Tangible fixed assets | 22/27 | €1,995 | €1,612 | -€383 | -19.2% |
| Furniture and vehicles | 24 | €1,995 | €1,612 | -€383 | -19.2% |
| Current assets | 29/58 | €205,411 | €262,918 | +€57,506 | +28.0% |
| Amounts receivable within one year | 40/41 | €18,368 | €13,008 | -€5,360 | -29.2% |
| Trade receivables | 40 | €18,368 | €13,008 | -€5,360 | -29.2% |
| Cash at bank and in hand | 54/58 | €187,044 | €249,910 | +€62,867 | +33.6% |
| Total equity and liabilities | 10/49 | €207,406 | €264,529 | +€57,123 | +27.5% |
| Equity | 10/15 | €192,558 | €17,956 | -€174,602 | -90.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €187,558 | €12,956 | -€174,602 | -93.1% |
| Amounts payable | 17/49 | €14,848 | €246,573 | +€231,725 | +1,561% |
| Amounts payable within one year | 42/48 | €14,848 | €246,573 | +€231,725 | +1,561% |
| Trade debts | 44 | €39 | €821 | +€781 | +1,983% |
| Suppliers | 440/4 | €39 | €821 | +€781 | +1,983% |
| Taxes, remuneration and social security | 45 | €13,999 | €15,002 | +€1,003 | +7.2% |
| Taxes | 450/3 | €13,999 | €15,002 | +€1,003 | +7.2% |
| Other amounts payable | 47/48 | €810 | €230,751 | +€229,941 | +28,400% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,924 | €1,930 | -€1,994 | -50.8% |
| Other operating charges | 640/8 | €864 | €822 | -€42 | -4.8% |
| Gross operating margin | 9900 | €75,964 | €78,759 | +€2,795 | +3.7% |
| Operating profit (loss) | 9901 | €71,176 | €76,006 | +€4,830 | +6.8% |
| Financial income | 75/76B | €1,015 | €180 | -€835 | -82.3% |
| Recurring financial income | 75 | €1,015 | €180 | -€835 | -82.3% |
| Financial charges | 65/66B | €2,567 | €3,677 | +€1,110 | +43.2% |
| Recurring financial charges | 65 | €2,567 | €3,677 | +€1,110 | +43.2% |
| Profit (loss) for the period before taxes | 9903 | €69,624 | €72,509 | +€2,886 | +4.1% |
| Income taxes | 67/77 | €16,174 | €17,111 | +€938 | +5.8% |
| Profit (loss) for the period | 9904 | €53,450 | €55,398 | +€1,948 | +3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €53,450 | €55,398 | +€1,948 | +3.6% |
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 24 October 2026 via checked.be.