AVDM Consulting: 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.
AVDM Consulting
Largest movements
- Receivables within one year +€69,215
up €69,215 (+175%), from €39,657 to €108,871
of which Other amounts receivable: +€44,211
- Receivables after one year -€45,654
no longer reported in 2025 (was €45,654)
- Tangible fixed assets -€19,860
down €19,860 (-69.5%), from €28,569 to €8,709
of which Furniture and vehicles: -€18,871
- Cash -€1,474
down €1,474 (-7.1%), from €20,690 to €19,216
mainly Contributions, distributions and other (-€74,883) and Receivables within one year (-€69,215)
- Debts after one year -€11,725
no longer reported in 2025 (was €11,725)
of which Financial debts: -€10,196
- Tax, wage and social debts +€11,400
up €11,400 (+32.0%), from €35,656 to €47,056
- Other debts +€10,244
up €10,244 (+19.2%), from €53,407 to €63,651
- Trade debts -€4,534
down €4,534 (-60.6%), from €7,478 to €2,944
- Current portion of long-term debt -€3,048
down €3,048 (-16.0%), from €19,025 to €15,977
- Gross operating margin +€29,907
up €29,907 (+30.5%), from €98,167 to €128,073
- Other operating charges +€21,489
up €21,489 (+558%), from €3,852 to €25,341
- Depreciation -€9,042
down €9,042 (-80.3%), from €11,263 to €2,221
- Taxes +€4,604
up €4,604 (+23.2%), from €19,872 to €24,476
- Financial income -€1,517
down €1,517 (-67.2%), from €2,259 to €742
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 | €141,913 | €144,632 | +€2,718 | +1.9% |
| Fixed assets | 21/28 | €35,913 | €15,709 | -€20,204 | -56.3% |
| Intangible fixed assets | 21 | €344 | - | -€344 | |
| Tangible fixed assets | 22/27 | €28,569 | €8,709 | -€19,860 | -69.5% |
| Plant, machinery and equipment | 23 | €4,807 | €4,225 | -€582 | -12.1% |
| Furniture and vehicles | 24 | €20,194 | €1,323 | -€18,871 | -93.4% |
| Other tangible fixed assets | 26 | €3,568 | €3,160 | -€407 | -11.4% |
| Financial fixed assets | 28 | €7,000 | €7,000 | = | 0.0% |
| Current assets | 29/58 | €106,000 | €128,923 | +€22,923 | +21.6% |
| Amounts receivable after more than one year | 29 | €45,654 | - | -€45,654 | |
| Other amounts receivable | 291 | €45,654 | - | -€45,654 | |
| Amounts receivable within one year | 40/41 | €39,657 | €108,871 | +€69,215 | +175% |
| Trade receivables | 40 | €38,642 | €63,646 | +€25,004 | +64.7% |
| Other amounts receivable | 41 | €1,015 | €45,225 | +€44,211 | +4,356% |
| Cash at bank and in hand | 54/58 | €20,690 | €19,216 | -€1,474 | -7.1% |
| Deferred charges and accrued income | 490/1 | - | €836 | +€836 | |
| Total equity and liabilities | 10/49 | €141,913 | €144,632 | +€2,718 | +1.9% |
| Equity | 10/15 | €14,001 | €14,001 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,001 | €9,001 | = | 0.0% |
| Amounts payable | 17/49 | €127,912 | €130,631 | +€2,718 | +2.1% |
| Amounts payable after more than one year | 17 | €11,725 | - | -€11,725 | |
| Financial debts | 170/4 | €10,196 | - | -€10,196 | |
| Other amounts payable | 178/9 | €1,529 | - | -€1,529 | |
| Amounts payable within one year | 42/48 | €116,187 | €130,631 | +€14,444 | +12.4% |
| Current portion of amounts payable after more than one year | 42 | €19,025 | €15,977 | -€3,048 | -16.0% |
| Financial debts | 43 | €622 | €1,004 | +€382 | +61.5% |
| Credit institutions | 430/8 | €622 | €1,004 | +€382 | +61.5% |
| Trade debts | 44 | €7,478 | €2,944 | -€4,534 | -60.6% |
| Suppliers | 440/4 | €7,478 | €2,944 | -€4,534 | -60.6% |
| Taxes, remuneration and social security | 45 | €35,656 | €47,056 | +€11,400 | +32.0% |
| Taxes | 450/3 | €35,656 | €47,056 | +€11,400 | +32.0% |
| Other amounts payable | 47/48 | €53,407 | €63,651 | +€10,244 | +19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,263 | €2,221 | -€9,042 | -80.3% |
| Other operating charges | 640/8 | €3,852 | €25,341 | +€21,489 | +558% |
| Gross operating margin | 9900 | €98,167 | €128,073 | +€29,907 | +30.5% |
| Operating profit (loss) | 9901 | €83,051 | €100,511 | +€17,460 | +21.0% |
| Financial income | 75/76B | €2,259 | €742 | -€1,517 | -67.2% |
| Recurring financial income | 75 | €2,259 | €742 | -€1,517 | -67.2% |
| Financial charges | 65/66B | €2,606 | €1,894 | -€713 | -27.3% |
| Recurring financial charges | 65 | €2,606 | €1,894 | -€713 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €82,704 | €99,359 | +€16,656 | +20.1% |
| Income taxes | 67/77 | €19,872 | €24,476 | +€4,604 | +23.2% |
| Profit (loss) for the period | 9904 | €62,832 | €74,883 | +€12,051 | +19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €62,832 | €74,883 | +€12,051 | +19.2% |
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 30 October 2026 via checked.be.