AVEDO: 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.
AVEDO
Largest movements
- Receivables within one year +€16,625
up €16,625 (+65.1%), from €25,544 to €42,168
of which Trade receivables: +€12,368
- Deferred charges and accrued income -€1,246
down €1,246 (-59.5%), from €2,094 to €847
- Cash +€616
up €616 (+17.1%), from €3,606 to €4,221
mainly Net result for the year (+€11,419) and Other debts (+€3,073)
- Profit (loss) carried forward +€11,419
up €11,419 (+3.4%), from -€337,159 to -€325,740
- Other debts +€3,073
up €3,073 (+0.9%), from €348,940 to €352,013
- Tax, wage and social debts +€1,176
up €1,176 (+11.0%), from €10,708 to €11,884
of which Taxes: +€2,639
- Gross operating margin +€17,516
up €17,516 (+34.9%), from €50,196 to €67,712
- Staff costs +€2,141
up €2,141 (+4.0%), from €53,372 to €55,513
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 | €31,243 | €47,237 | +€15,994 | +51.2% |
| Current assets | 29/58 | €31,243 | €47,237 | +€15,994 | +51.2% |
| Amounts receivable within one year | 40/41 | €25,544 | €42,168 | +€16,625 | +65.1% |
| Trade receivables | 40 | €25,544 | €37,912 | +€12,368 | +48.4% |
| Other amounts receivable | 41 | - | €4,257 | +€4,257 | |
| Cash at bank and in hand | 54/58 | €3,606 | €4,221 | +€616 | +17.1% |
| Deferred charges and accrued income | 490/1 | €2,094 | €847 | -€1,246 | -59.5% |
| Total equity and liabilities | 10/49 | €31,243 | €47,237 | +€15,994 | +51.2% |
| Equity | 10/15 | -€333,299 | -€321,880 | +€11,419 | +3.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€337,159 | -€325,740 | +€11,419 | +3.4% |
| Amounts payable | 17/49 | €364,542 | €369,117 | +€4,575 | +1.3% |
| Amounts payable within one year | 42/48 | €364,542 | €369,117 | +€4,575 | +1.3% |
| Trade debts | 44 | €4,894 | €5,220 | +€326 | +6.7% |
| Suppliers | 440/4 | €4,894 | €5,220 | +€326 | +6.7% |
| Taxes, remuneration and social security | 45 | €10,708 | €11,884 | +€1,176 | +11.0% |
| Taxes | 450/3 | €1,284 | €3,922 | +€2,639 | +206% |
| Remuneration and social security | 454/9 | €9,425 | €7,962 | -€1,463 | -15.5% |
| Other amounts payable | 47/48 | €348,940 | €352,013 | +€3,073 | +0.9% |
| Remuneration, social security and pensions | 62 | €53,372 | €55,513 | +€2,141 | +4.0% |
| Other operating charges | 640/8 | €436 | €120 | -€316 | -72.5% |
| Gross operating margin | 9900 | €50,196 | €67,712 | +€17,516 | +34.9% |
| Operating profit (loss) | 9901 | -€3,612 | €12,078 | +€15,690 | |
| Financial charges | 65/66B | €119 | €156 | +€37 | +31.2% |
| Recurring financial charges | 65 | €119 | €156 | +€37 | +31.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,731 | €11,922 | +€15,653 | |
| Income taxes | 67/77 | €479 | €503 | +€23 | +4.9% |
| Profit (loss) for the period | 9904 | -€4,211 | €11,419 | +€15,630 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,211 | €11,419 | +€15,630 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.