AVE VIKO: 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.
AVE VIKO
Largest movements
- Cash -€42,854
down €42,854 (-78.0%), from €54,963 to €12,109
mainly Debts after one year (-€73,196) and Tax, wage and social debts (-€47,556)
- Receivables within one year -€26,421
down €26,421 (-98.3%), from €26,886 to €465
of which Trade receivables: -€18,150
- Tangible fixed assets -€21,977
down €21,977 (-3.1%), from €700,047 to €678,070
of which Land and buildings: -€20,727
- Debts after one year -€73,196
down €73,196 (-15.3%), from €479,601 to €406,405
- Tax, wage and social debts -€47,556
down €47,556 (-70.9%), from €67,106 to €19,550
of which Taxes: -€44,526
- Reserves +€14,799
up €14,799 (+7.4%), from €200,054 to €214,853
- Gross operating margin -€114,897
down €114,897 (-55.6%), from €206,638 to €91,741
- Taxes -€39,497
down €39,497 (-85.2%), from €46,331 to €6,835
- Staff costs +€4,166
new in 2025: €4,166
- Financial charges -€2,806
down €2,806 (-10.9%), from €25,827 to €23,021
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 | €786,897 | €690,644 | -€96,253 | -12.2% |
| Fixed assets | 21/28 | €705,047 | €678,070 | -€26,977 | -3.8% |
| Tangible fixed assets | 22/27 | €700,047 | €678,070 | -€21,977 | -3.1% |
| Land and buildings | 22 | €694,420 | €673,693 | -€20,727 | -3.0% |
| Plant, machinery and equipment | 23 | €5,627 | €4,377 | -€1,250 | -22.2% |
| Financial fixed assets | 28 | €5,000 | - | -€5,000 | |
| Current assets | 29/58 | €81,850 | €12,574 | -€69,276 | -84.6% |
| Amounts receivable within one year | 40/41 | €26,886 | €465 | -€26,421 | -98.3% |
| Trade receivables | 40 | €18,150 | - | -€18,150 | |
| Other amounts receivable | 41 | €8,736 | €465 | -€8,271 | -94.7% |
| Cash at bank and in hand | 54/58 | €54,963 | €12,109 | -€42,854 | -78.0% |
| Total equity and liabilities | 10/49 | €786,897 | €690,644 | -€96,253 | -12.2% |
| Equity | 10/15 | €205,054 | €219,853 | +€14,799 | +7.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €200,054 | €214,853 | +€14,799 | +7.4% |
| Distributable reserves | 133 | €200,054 | €214,853 | +€14,799 | +7.4% |
| Amounts payable | 17/49 | €581,843 | €470,791 | -€111,051 | -19.1% |
| Amounts payable after more than one year | 17 | €479,601 | €406,405 | -€73,196 | -15.3% |
| Financial debts | 170/4 | €479,601 | €406,405 | -€73,196 | -15.3% |
| Amounts payable within one year | 42/48 | €98,136 | €60,299 | -€37,837 | -38.6% |
| Current portion of amounts payable after more than one year | 42 | €29,298 | €32,379 | +€3,080 | +10.5% |
| Trade debts | 44 | €1,732 | €8,370 | +€6,639 | +383.3% |
| Suppliers | 440/4 | €1,732 | €8,370 | +€6,639 | +383.3% |
| Taxes, remuneration and social security | 45 | €67,106 | €19,550 | -€47,556 | -70.9% |
| Taxes | 450/3 | €64,075 | €19,550 | -€44,526 | -69.5% |
| Remuneration and social security | 454/9 | €3,030 | - | -€3,030 | |
| Accrued charges and deferred income | 492/3 | €4,105 | €4,087 | -€18 | -0.4% |
| Remuneration, social security and pensions | 62 | - | €4,166 | +€4,166 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,352 | €21,977 | +€625 | +2.9% |
| Other operating charges | 640/8 | €1,993 | €2,454 | +€461 | +23.1% |
| Non-recurring operating charges | 66A | - | €18,638 | +€18,638 | |
| Gross operating margin | 9900 | €206,638 | €91,741 | -€114,897 | -55.6% |
| Operating profit (loss) | 9901 | €183,293 | €44,505 | -€138,787 | -75.7% |
| Financial income | 75/76B | €180 | €149 | -€31 | -17.2% |
| Recurring financial income | 75 | €180 | €149 | -€31 | -17.2% |
| Financial charges | 65/66B | €25,827 | €23,021 | -€2,806 | -10.9% |
| Recurring financial charges | 65 | €25,827 | €23,021 | -€2,806 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | €157,646 | €21,633 | -€136,013 | -86.3% |
| Income taxes | 67/77 | €46,331 | €6,835 | -€39,497 | -85.2% |
| Profit (loss) for the period | 9904 | €111,315 | €14,799 | -€96,516 | -86.7% |
| Profit (loss) for the period to be appropriated | 9905 | €111,315 | €14,799 | -€96,516 | -86.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.