AvdAa: 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.
AvdAa
Largest movements
- Receivables within one year -€33,933
down €33,933 (-77.4%), from €43,868 to €9,934
of which Trade receivables: -€34,190
- Tangible fixed assets -€33,275
down €33,275 (-11.7%), from €284,681 to €251,405
of which Furniture and vehicles: -€18,361
- Cash +€25,536
up €25,536 (+1793.6%), from €1,424 to €26,960
mainly Receivables within one year (+€33,933) and Depreciation (+€33,275)
- Debts after one year -€41,135
down €41,135 (-23.1%), from €177,795 to €136,660
- Profit (loss) carried forward -€23,081
down €23,081 (-85.5%), from -€27,008 to -€50,089
- Trade debts +€17,450
up €17,450 (+145.1%), from €12,023 to €29,473
- Other debts +€6,097
up €6,097 (+5.0%), from €122,052 to €128,149
- Gross operating margin +€12,606
up €12,606 (+40.9%), from €30,829 to €43,435
- Financial charges -€7,409
down €7,409 (-45.5%), from €16,286 to €8,877
- Depreciation -€6,652
down €6,652 (-16.7%), from €39,928 to €33,275
- Other operating charges -€1,111
down €1,111 (-64.9%), from €1,711 to €600
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €329,972 | €288,299 | -€41,673 | -12.6% |
| Fixed assets | 21/28 | €284,681 | €251,405 | -€33,275 | -11.7% |
| Tangible fixed assets | 22/27 | €284,681 | €251,405 | -€33,275 | -11.7% |
| Land and buildings | 22 | €122,212 | €115,723 | -€6,489 | -5.3% |
| Plant, machinery and equipment | 23 | €27,467 | €20,638 | -€6,829 | -24.9% |
| Furniture and vehicles | 24 | €104,918 | €86,557 | -€18,361 | -17.5% |
| Other tangible fixed assets | 26 | €30,084 | €28,488 | -€1,596 | -5.3% |
| Current assets | 29/58 | €45,292 | €36,894 | -€8,397 | -18.5% |
| Amounts receivable within one year | 40/41 | €43,868 | €9,934 | -€33,933 | -77.4% |
| Trade receivables | 40 | €43,868 | €9,678 | -€34,190 | -77.9% |
| Other amounts receivable | 41 | - | €257 | +€257 | |
| Cash at bank and in hand | 54/58 | €1,424 | €26,960 | +€25,536 | +1793.6% |
| Total equity and liabilities | 10/49 | €329,972 | €288,299 | -€41,673 | -12.6% |
| Equity | 10/15 | -€25,008 | -€48,089 | -€23,081 | -92.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,008 | -€50,089 | -€23,081 | -85.5% |
| Amounts payable | 17/49 | €354,980 | €336,389 | -€18,592 | -5.2% |
| Amounts payable after more than one year | 17 | €177,795 | €136,660 | -€41,135 | -23.1% |
| Financial debts | 170/4 | €177,795 | €136,660 | -€41,135 | -23.1% |
| Amounts payable within one year | 42/48 | €176,088 | €198,555 | +€22,467 | +12.8% |
| Current portion of amounts payable after more than one year | 42 | €39,681 | €39,384 | -€297 | -0.7% |
| Trade debts | 44 | €12,023 | €29,473 | +€17,450 | +145.1% |
| Suppliers | 440/4 | €12,023 | €29,473 | +€17,450 | +145.1% |
| Advances received on contracts in progress | 46 | €1,570 | - | -€1,570 | |
| Taxes, remuneration and social security | 45 | €763 | €1,549 | +€787 | +103.2% |
| Taxes | 450/3 | €763 | €1,549 | +€787 | +103.2% |
| Other amounts payable | 47/48 | €122,052 | €128,149 | +€6,097 | +5.0% |
| Accrued charges and deferred income | 492/3 | €1,097 | €1,173 | +€76 | +6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,928 | €33,275 | -€6,652 | -16.7% |
| Other operating charges | 640/8 | €1,711 | €600 | -€1,111 | -64.9% |
| Non-recurring operating charges | 66A | - | €23,764 | +€23,764 | |
| Gross operating margin | 9900 | €30,829 | €43,435 | +€12,606 | +40.9% |
| Operating profit (loss) | 9901 | -€10,810 | -€14,205 | -€3,395 | -31.4% |
| Financial income | 75/76B | €87 | €0 | -€87 | -99.9% |
| Recurring financial income | 75 | €87 | €0 | -€87 | -99.9% |
| Financial charges | 65/66B | €16,286 | €8,877 | -€7,409 | -45.5% |
| Recurring financial charges | 65 | €16,286 | €8,877 | -€7,409 | -45.5% |
| Profit (loss) for the period before taxes | 9903 | -€27,008 | -€23,081 | +€3,927 | +14.5% |
| Profit (loss) for the period | 9904 | -€27,008 | -€23,081 | +€3,927 | +14.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,008 | -€23,081 | +€3,927 | +14.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.