AVEK 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.
AVEK Consulting
Largest movements
- Current investments +€80,000
new in 2025: €80,000
- Cash -€47,460
down €47,460 (-33.8%), from €140,477 to €93,018
mainly Current investments (-€80,000) and Investment in fixed assets (net) (-€8,817)
- Receivables within one year -€2,429
down €2,429 (-14.9%), from €16,313 to €13,885
of which Other amounts receivable: -€2,882
- Tangible fixed assets +€2,249
up €2,249 (+17.0%), from €13,245 to €15,494
of which Furniture and vehicles: +€4,124
- Reserves +€36,978
up €36,978 (+30.3%), from €121,943 to €158,921
- Other debts -€5,008
down €5,008 (-55.6%), from €9,003 to €3,995
- Gross operating margin -€8,575
down €8,575 (-12.7%), from €67,694 to €59,119
- Taxes -€2,980
down €2,980 (-16.9%), from €17,672 to €14,692
- Depreciation +€1,599
up €1,599 (+32.2%), from €4,969 to €6,568
- Other operating charges +€781
up €781 (+214%), from €366 to €1,147
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 | €170,802 | €203,177 | +€32,375 | +19.0% |
| Fixed assets | 21/28 | €13,245 | €15,494 | +€2,249 | +17.0% |
| Tangible fixed assets | 22/27 | €13,245 | €15,494 | +€2,249 | +17.0% |
| Plant, machinery and equipment | 23 | €6,009 | €4,634 | -€1,374 | -22.9% |
| Furniture and vehicles | 24 | €4,363 | €8,486 | +€4,124 | +94.5% |
| Other tangible fixed assets | 26 | €2,873 | €2,373 | -€500 | -17.4% |
| Current assets | 29/58 | €157,558 | €187,683 | +€30,126 | +19.1% |
| Amounts receivable within one year | 40/41 | €16,313 | €13,885 | -€2,429 | -14.9% |
| Trade receivables | 40 | €13,431 | €13,885 | +€454 | +3.4% |
| Other amounts receivable | 41 | €2,882 | - | -€2,882 | |
| Current investments | 50/53 | - | €80,000 | +€80,000 | |
| Cash at bank and in hand | 54/58 | €140,477 | €93,018 | -€47,460 | -33.8% |
| Deferred charges and accrued income | 490/1 | €767 | €781 | +€14 | +1.8% |
| Total equity and liabilities | 10/49 | €170,802 | €203,177 | +€32,375 | +19.0% |
| Equity | 10/15 | €146,885 | €183,864 | +€36,978 | +25.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €121,943 | €158,921 | +€36,978 | +30.3% |
| Distributable reserves | 133 | €121,943 | €158,921 | +€36,978 | +30.3% |
| Profit (loss) carried forward | 14 | €12,543 | €12,543 | = | 0.0% |
| Amounts payable | 17/49 | €23,917 | €19,313 | -€4,604 | -19.2% |
| Amounts payable within one year | 42/48 | €23,917 | €19,313 | -€4,604 | -19.2% |
| Current portion of amounts payable after more than one year | 42 | €1,667 | €1,687 | +€20 | +1.2% |
| Trade debts | 44 | €870 | €1,117 | +€247 | +28.4% |
| Suppliers | 440/4 | €870 | €1,117 | +€247 | +28.4% |
| Taxes, remuneration and social security | 45 | €12,378 | €12,514 | +€137 | +1.1% |
| Taxes | 450/3 | €12,378 | €12,514 | +€137 | +1.1% |
| Other amounts payable | 47/48 | €9,003 | €3,995 | -€5,008 | -55.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,969 | €6,568 | +€1,599 | +32.2% |
| Other operating charges | 640/8 | €366 | €1,147 | +€781 | +214% |
| Gross operating margin | 9900 | €67,694 | €59,119 | -€8,575 | -12.7% |
| Operating profit (loss) | 9901 | €62,359 | €51,404 | -€10,955 | -17.6% |
| Financial income | 75/76B | €555 | €680 | +€125 | +22.4% |
| Recurring financial income | 75 | €555 | €680 | +€125 | +22.4% |
| Financial charges | 65/66B | €470 | €414 | -€56 | -11.9% |
| Recurring financial charges | 65 | €470 | €414 | -€56 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €62,444 | €51,670 | -€10,774 | -17.3% |
| Income taxes | 67/77 | €17,672 | €14,692 | -€2,980 | -16.9% |
| Profit (loss) for the period | 9904 | €44,773 | €36,978 | -€7,795 | -17.4% |
| Profit (loss) for the period to be appropriated | 9905 | €44,773 | €36,978 | -€7,795 | -17.4% |
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 13 October 2026 via checked.be.