AVD Consulting: what changed
Two fiscal 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 Consulting
Largest movements
- Receivables within one year +€9,560
up €9,560 (+114.2%), from €8,370 to €17,930
of which Trade receivables: +€13,522
- Tangible fixed assets -€6,835
down €6,835 (-27.7%), from €24,677 to €17,842
- Cash +€2,860
up €2,860 (+26.7%), from €10,718 to €13,578
mainly Net result for the year (+€14,374) and Depreciation (+€6,835)
- Deferred charges and accrued income +€934
up €934 (+1584.9%), from €59 to €992
- Profit (loss) carried forward +€14,374
up €14,374 (+255.2%), from €5,631 to €20,005
- Debts after one year -€8,480
down €8,480 (-59.0%), from €14,372 to €5,892
- Other debts -€6,711
down €6,711 (-95.9%), from €7,000 to €289
- Tax, wage and social debts +€5,562
up €5,562 (+267.6%), from €2,079 to €7,641
- Trade debts +€1,362
up €1,362 (+37.1%), from €3,674 to €5,036
- Gross operating margin +€6,237
up €6,237 (+30.7%), from €20,299 to €26,536
- Depreciation +€3,841
up €3,841 (+128.3%), from €2,994 to €6,835
- Financial charges +€715
up €715 (+159.7%), from €447 to €1,162
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 | €43,824 | €50,343 | +€6,519 | +14.9% |
| Fixed assets | 21/28 | €24,677 | €17,842 | -€6,835 | -27.7% |
| Tangible fixed assets | 22/27 | €24,677 | €17,842 | -€6,835 | -27.7% |
| Furniture and vehicles | 24 | €24,677 | €17,842 | -€6,835 | -27.7% |
| Current assets | 29/58 | €19,147 | €32,501 | +€13,354 | +69.7% |
| Amounts receivable within one year | 40/41 | €8,370 | €17,930 | +€9,560 | +114.2% |
| Trade receivables | 40 | €3,815 | €17,338 | +€13,522 | +354.4% |
| Other amounts receivable | 41 | €4,555 | €593 | -€3,962 | -87.0% |
| Cash at bank and in hand | 54/58 | €10,718 | €13,578 | +€2,860 | +26.7% |
| Deferred charges and accrued income | 490/1 | €59 | €992 | +€934 | +1584.9% |
| Total equity and liabilities | 10/49 | €43,824 | €50,343 | +€6,519 | +14.9% |
| Equity | 10/15 | €8,631 | €23,005 | +€14,374 | +166.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,631 | €20,005 | +€14,374 | +255.2% |
| Amounts payable | 17/49 | €35,193 | €27,338 | -€7,855 | -22.3% |
| Amounts payable after more than one year | 17 | €14,372 | €5,892 | -€8,480 | -59.0% |
| Financial debts | 170/4 | €14,372 | €5,892 | -€8,480 | -59.0% |
| Amounts payable within one year | 42/48 | €20,821 | €21,446 | +€625 | +3.0% |
| Financial debts | 43 | €8,068 | €8,480 | +€411 | +5.1% |
| Credit institutions | 430/8 | €8,068 | €8,480 | +€411 | +5.1% |
| Trade debts | 44 | €3,674 | €5,036 | +€1,362 | +37.1% |
| Suppliers | 440/4 | €3,674 | €5,036 | +€1,362 | +37.1% |
| Taxes, remuneration and social security | 45 | €2,079 | €7,641 | +€5,562 | +267.6% |
| Taxes | 450/3 | €2,079 | €7,641 | +€5,562 | +267.6% |
| Other amounts payable | 47/48 | €7,000 | €289 | -€6,711 | -95.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,994 | €6,835 | +€3,841 | +128.3% |
| Gross operating margin | 9900 | €20,299 | €26,536 | +€6,237 | +30.7% |
| Operating profit (loss) | 9901 | €17,306 | €19,702 | +€2,396 | +13.8% |
| Financial income | 75/76B | €15 | - | -€15 | |
| Recurring financial income | 75 | €15 | - | -€15 | |
| Financial charges | 65/66B | €447 | €1,162 | +€715 | +159.7% |
| Recurring financial charges | 65 | €447 | €1,162 | +€715 | +159.7% |
| Profit (loss) for the period before taxes | 9903 | €16,873 | €18,540 | +€1,667 | +9.9% |
| Income taxes | 67/77 | €4,241 | €4,166 | -€76 | -1.8% |
| Profit (loss) for the period | 9904 | €12,631 | €14,374 | +€1,742 | +13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,631 | €14,374 | +€1,742 | +13.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.