AVEO 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.
AVEO Consulting
Largest movements
- Cash -€33,707
down €33,707 (-21.3%), from €157,903 to €124,195
mainly Contributions, distributions and other (-€76,895) and Other debts (-€15,765)
- Receivables within one year -€18,529
down €18,529 (-62.8%), from €29,498 to €10,970
of which Trade receivables: -€18,271
- Tangible fixed assets -€3,815
down €3,815 (-25.4%), from €15,015 to €11,200
of which Other tangible fixed assets: -€4,373
- Deferred charges and accrued income +€2,146
new in 2025: €2,146
- Profit (loss) carried forward -€76,895
no longer reported in 2025 (was €76,895)
- Reserves +€47,849
new in 2025: €47,849
- Other debts -€15,765
down €15,765 (-19.4%), from €81,126 to €65,361
- Tax, wage and social debts -€6,819
down €6,819 (-18.4%), from €37,146 to €30,328
of which Taxes: -€3,819
- Trade debts -€2,275
down €2,275 (-82.8%), from €2,748 to €473
- Gross operating margin +€14,480
up €14,480 (+26.2%), from €55,362 to €69,842
- Other operating charges +€1,786
up €1,786 (+107%), from €1,676 to €3,462
- Financial charges +€1,236
up €1,236 (+655%), from €189 to €1,424
- Taxes +€1,002
up €1,002 (+8.6%), from €11,663 to €12,666
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 | €202,916 | €149,011 | -€53,905 | -26.6% |
| Fixed assets | 21/28 | €15,515 | €11,700 | -€3,815 | -24.6% |
| Tangible fixed assets | 22/27 | €15,015 | €11,200 | -€3,815 | -25.4% |
| Furniture and vehicles | 24 | - | €558 | +€558 | |
| Other tangible fixed assets | 26 | €15,015 | €10,642 | -€4,373 | -29.1% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €187,401 | €137,310 | -€50,090 | -26.7% |
| Amounts receivable within one year | 40/41 | €29,498 | €10,970 | -€18,529 | -62.8% |
| Trade receivables | 40 | €29,136 | €10,865 | -€18,271 | -62.7% |
| Other amounts receivable | 41 | €362 | €105 | -€258 | -71.1% |
| Cash at bank and in hand | 54/58 | €157,903 | €124,195 | -€33,707 | -21.3% |
| Deferred charges and accrued income | 490/1 | - | €2,146 | +€2,146 | |
| Total equity and liabilities | 10/49 | €202,916 | €149,011 | -€53,905 | -26.6% |
| Equity | 10/15 | €81,895 | €52,849 | -€29,047 | -35.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €47,849 | +€47,849 | |
| Distributable reserves | 133 | - | €47,849 | +€47,849 | |
| Profit (loss) carried forward | 14 | €76,895 | - | -€76,895 | |
| Amounts payable | 17/49 | €121,020 | €96,162 | -€24,858 | -20.5% |
| Amounts payable within one year | 42/48 | €121,020 | €96,162 | -€24,858 | -20.5% |
| Trade debts | 44 | €2,748 | €473 | -€2,275 | -82.8% |
| Suppliers | 440/4 | €2,748 | €473 | -€2,275 | -82.8% |
| Taxes, remuneration and social security | 45 | €37,146 | €30,328 | -€6,819 | -18.4% |
| Taxes | 450/3 | €34,146 | €30,328 | -€3,819 | -11.2% |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | €81,126 | €65,361 | -€15,765 | -19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,667 | €4,441 | -€226 | -4.8% |
| Other operating charges | 640/8 | €1,676 | €3,462 | +€1,786 | +107% |
| Gross operating margin | 9900 | €55,362 | €69,842 | +€14,480 | +26.2% |
| Operating profit (loss) | 9901 | €49,019 | €61,939 | +€12,919 | +26.4% |
| Financial charges | 65/66B | €189 | €1,424 | +€1,236 | +655% |
| Recurring financial charges | 65 | €189 | €1,424 | +€1,236 | +655% |
| Profit (loss) for the period before taxes | 9903 | €48,831 | €60,515 | +€11,684 | +23.9% |
| Income taxes | 67/77 | €11,663 | €12,666 | +€1,002 | +8.6% |
| Profit (loss) for the period | 9904 | €37,167 | €47,849 | +€10,682 | +28.7% |
| Profit (loss) for the period to be appropriated | 9905 | €37,167 | €47,849 | +€10,682 | +28.7% |
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 19 October 2026 via checked.be.