AVDV: what changed
AVDV
Largest movements
- Cash +€24,776
up €24,776 (+75.8%), from €32,700 to €57,476
mainly Net result for the year (+€25,806) and Other debts (+€13,298)
- Receivables within one year -€8,082
down €8,082 (-42.9%), from €18,846 to €10,764
- Tangible fixed assets -€1,763
down €1,763 (-51.2%), from €3,447 to €1,684
of which Furniture and vehicles: -€1,254
- Other debts +€13,298
up €13,298 (+36.8%), from €36,090 to €49,389
- Profit (loss) carried forward +€5,806
up €5,806, from €0 to €5,806
- Tax, wage and social debts -€3,253
down €3,253 (-20.3%), from €16,046 to €12,792
of which Taxes: -€7,753
- Trade debts -€1,051
down €1,051 (-81.9%), from €1,283 to €232
- Gross operating margin -€10,930
down €10,930 (-22.7%), from €48,253 to €37,323
- Taxes -€2,400
down €2,400 (-23.0%), from €10,425 to €8,025
- Other operating charges +€855
up €855 (+1,340%), from €64 to €919
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 | €55,919 | €70,919 | +€15,001 | +26.8% |
| Fixed assets | 21/28 | €3,747 | €1,984 | -€1,763 | -47.1% |
| Tangible fixed assets | 22/27 | €3,447 | €1,684 | -€1,763 | -51.2% |
| Furniture and vehicles | 24 | €2,020 | €766 | -€1,254 | -62.1% |
| Other tangible fixed assets | 26 | €1,427 | €918 | -€510 | -35.7% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €52,172 | €68,936 | +€16,764 | +32.1% |
| Amounts receivable within one year | 40/41 | €18,846 | €10,764 | -€8,082 | -42.9% |
| Trade receivables | 40 | €18,846 | €10,764 | -€8,082 | -42.9% |
| Cash at bank and in hand | 54/58 | €32,700 | €57,476 | +€24,776 | +75.8% |
| Deferred charges and accrued income | 490/1 | €626 | €696 | +€70 | +11.1% |
| Total equity and liabilities | 10/49 | €55,919 | €70,919 | +€15,001 | +26.8% |
| Equity | 10/15 | €2,500 | €8,306 | +€5,806 | +232% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €5,806 | +€5,806 | |
| Amounts payable | 17/49 | €53,419 | €62,613 | +€9,195 | +17.2% |
| Amounts payable within one year | 42/48 | €53,419 | €62,413 | +€8,995 | +16.8% |
| Trade debts | 44 | €1,283 | €232 | -€1,051 | -81.9% |
| Suppliers | 440/4 | €1,283 | €232 | -€1,051 | -81.9% |
| Taxes, remuneration and social security | 45 | €16,046 | €12,792 | -€3,253 | -20.3% |
| Taxes | 450/3 | €16,046 | €8,292 | -€7,753 | -48.3% |
| Remuneration and social security | 454/9 | €0 | €4,500 | +€4,500 | |
| Other amounts payable | 47/48 | €36,090 | €49,389 | +€13,298 | +36.8% |
| Accrued charges and deferred income | 492/3 | €0 | €200 | +€200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,800 | €1,763 | -€37 | -2.1% |
| Other operating charges | 640/8 | €64 | €919 | +€855 | +1,340% |
| Gross operating margin | 9900 | €48,253 | €37,323 | -€10,930 | -22.7% |
| Operating profit (loss) | 9901 | €46,388 | €34,641 | -€11,747 | -25.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €749 | €810 | +€62 | +8.2% |
| Recurring financial charges | 65 | €749 | €810 | +€62 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | €45,640 | €33,831 | -€11,809 | -25.9% |
| Income taxes | 67/77 | €10,425 | €8,025 | -€2,400 | -23.0% |
| Profit (loss) for the period | 9904 | €35,215 | €25,806 | -€9,408 | -26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €35,215 | €25,806 | -€9,408 | -26.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.