AVD TECHNIEKEN: what changed
AVD TECHNIEKEN
Largest movements
- Receivables within one year +€60,011
up €60,011 (+230%), from €26,057 to €86,068
of which Trade receivables: +€53,867
- Cash +€16,136
up €16,136 (+64.3%), from €25,113 to €41,249
mainly Net result for the year (+€74,858) and Tax, wage and social debts (+€20,438)
- Stocks and contracts +€13,859
up €13,859 (+54.5%), from €25,437 to €39,295
of which Stocks: +€18,076
- Deferred charges and accrued income +€4,610
up €4,610 (+143%), from €3,220 to €7,830
- Tangible fixed assets +€2,165
up €2,165 (+72.7%), from €2,978 to €5,143
- Reserves +€74,858
up €74,858 (+280%), from €26,712 to €101,570
- Tax, wage and social debts +€20,438
up €20,438 (+163%), from €12,550 to €32,988
of which Taxes: +€13,423
- Write-downs -€75,599
no longer reported in 2025 (was €75,599)
- Staff costs +€43,371
up €43,371 (+221%), from €19,664 to €63,034
- Gross operating margin +€32,599
up €32,599 (+25.5%), from €128,067 to €160,666
- Taxes +€12,327
up €12,327 (+176%), from €6,993 to €19,320
- Financial charges +€5,363
up €5,363 (+253%), from €2,122 to €7,485
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,505 | €181,536 | +€97,031 | +115% |
| Fixed assets | 21/28 | €4,678 | €7,093 | +€2,415 | +51.6% |
| Tangible fixed assets | 22/27 | €2,978 | €5,143 | +€2,165 | +72.7% |
| Plant, machinery and equipment | 23 | €2,978 | €5,143 | +€2,165 | +72.7% |
| Financial fixed assets | 28 | €1,700 | €1,950 | +€250 | +14.7% |
| Current assets | 29/58 | €79,826 | €174,443 | +€94,617 | +119% |
| Stocks and contracts in progress | 3 | €25,437 | €39,295 | +€13,859 | +54.5% |
| Stocks | 30/36 | €18,937 | €37,013 | +€18,076 | +95.5% |
| Contracts in progress | 37 | €6,500 | €2,282 | -€4,217 | -64.9% |
| Amounts receivable within one year | 40/41 | €26,057 | €86,068 | +€60,011 | +230% |
| Trade receivables | 40 | €15,464 | €69,331 | +€53,867 | +348% |
| Other amounts receivable | 41 | €10,593 | €16,737 | +€6,144 | +58.0% |
| Cash at bank and in hand | 54/58 | €25,113 | €41,249 | +€16,136 | +64.3% |
| Deferred charges and accrued income | 490/1 | €3,220 | €7,830 | +€4,610 | +143% |
| Total equity and liabilities | 10/49 | €84,505 | €181,536 | +€97,031 | +115% |
| Equity | 10/15 | €26,912 | €101,770 | +€74,858 | +278% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €26,712 | €101,570 | +€74,858 | +280% |
| Distributable reserves | 133 | €26,712 | €101,570 | +€74,858 | +280% |
| Amounts payable | 17/49 | €57,593 | €79,766 | +€22,174 | +38.5% |
| Amounts payable within one year | 42/48 | €57,593 | €79,721 | +€22,128 | +38.4% |
| Trade debts | 44 | €44,911 | €45,765 | +€855 | +1.9% |
| Suppliers | 440/4 | €44,911 | €45,765 | +€855 | +1.9% |
| Taxes, remuneration and social security | 45 | €12,550 | €32,988 | +€20,438 | +163% |
| Taxes | 450/3 | €7,396 | €20,818 | +€13,423 | +181% |
| Remuneration and social security | 454/9 | €5,154 | €12,169 | +€7,015 | +136% |
| Other amounts payable | 47/48 | €133 | €968 | +€835 | +629% |
| Accrued charges and deferred income | 492/3 | - | €45 | +€45 | |
| Remuneration, social security and pensions | 62 | €19,664 | €63,034 | +€43,371 | +221% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €423 | €1,330 | +€908 | +215% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €75,599 | - | -€75,599 | |
| Other operating charges | 640/8 | - | €321 | +€321 | |
| Gross operating margin | 9900 | €128,067 | €160,666 | +€32,599 | +25.5% |
| Operating profit (loss) | 9901 | €32,382 | €95,980 | +€63,598 | +196% |
| Financial income | 75/76B | €3,445 | €5,683 | +€2,238 | +65.0% |
| Recurring financial income | 75 | €3,445 | €5,683 | +€2,238 | +65.0% |
| Financial charges | 65/66B | €2,122 | €7,485 | +€5,363 | +253% |
| Recurring financial charges | 65 | €2,122 | €7,485 | +€5,363 | +253% |
| Profit (loss) for the period before taxes | 9903 | €33,705 | €94,178 | +€60,473 | +179% |
| Income taxes | 67/77 | €6,993 | €19,320 | +€12,327 | +176% |
| Profit (loss) for the period | 9904 | €26,712 | €74,858 | +€48,146 | +180% |
| Profit (loss) for the period to be appropriated | 9905 | €26,712 | €74,858 | +€48,146 | +180% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.