AVERO HANDLING: 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.
What changed
AVERO HANDLING
NACE 33.120, Repair and maintenance of machinery
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€108,450
2024 · €191,541-€83,091
Equity
€1.1m
2024 · €1.3m-€291,550
Cash
€266,170
2024 · €225,176+€40,994
Balance sheet total
€2.6m
2024 · €2.6m-€10,916
Largest movements
Assets
- Tangible fixed assets -€59,811
down €59,811 (-2.8%), from €2.1m to €2.0m
of which Land and buildings: -€98,643
- Cash +€40,994
up €40,994 (+18.2%), from €225,176 to €266,170
mainly Other debts (+€328,645) and Net result for the year (+€108,450)
Equity and liabilities
- Other debts +€328,645
up €328,645 (+119%), from €276,521 to €605,166
- Profit (loss) carried forward -€286,990
down €286,990 (-23.7%), from €1.2m to €923,065
- Debts after one year -€126,672
down €126,672 (-16.0%), from €791,620 to €664,948
- Current portion of long-term debt +€50,000
up €50,000 (+39.5%), from €126,672 to €176,672
- Trade debts +€36,340
up €36,340 (+500%), from €7,265 to €43,605
Income statement
- Gross operating margin -€112,718
down €112,718 (-27.9%), from €403,391 to €290,673
- Taxes -€29,096
down €29,096 (-43.3%), from €67,240 to €38,144
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.
Result 2024
€191,541
Gross operating margin
-€112,718
Depreciation
+€1,944
Other operating charges
-€504
Financial income
+€1,864
Financial charges
-€2,774
Taxes
+€29,096
Result 2025
€108,450
raises the resultlowers the result
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.
From operations
+€561,106
Investment
-€43,440
Financing
-€476,672
Cash 2024
€225,176
From operations (derived)
+€561,106
Net result for the year
+€108,450
Depreciation
+€103,251
Stocks and contracts
-€7,960
Smaller working-capital items
+€90
Provisions
-€1,520
Trade debts
+€36,340
Tax, wage and social debts
-€6,190
Other debts
+€328,645
Investment (derived)
-€43,440
Investment in fixed assets (net)
-€43,440
Financing
-€476,672
Debts after one year
-€126,672
Current portion of long-term debt
+€50,000
Contributions, distributions and other
-€400,000
Cash 2025
€266,170
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,588,468 | €2,577,552 | -€10,916 | -0.4% |
| Fixed assets | 21/28 | €2,098,820 | €2,039,009 | -€59,811 | -2.8% |
| Tangible fixed assets | 22/27 | €2,098,672 | €2,038,860 | -€59,811 | -2.8% |
| Land and buildings | 22 | €2,092,250 | €1,993,607 | -€98,643 | -4.7% |
| Plant, machinery and equipment | 23 | €5,208 | €4,026 | -€1,182 | -22.7% |
| Furniture and vehicles | 24 | €1,213 | €41,227 | +€40,013 | +3,298% |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €489,647 | €538,543 | +€48,896 | +10.0% |
| Stocks and contracts in progress | 3 | €180,688 | €188,648 | +€7,960 | +4.4% |
| Stocks | 30/36 | €180,688 | €188,648 | +€7,960 | +4.4% |
| Amounts receivable within one year | 40/41 | €83,783 | €83,724 | -€59 | -0.1% |
| Trade receivables | 40 | €83,783 | €75,926 | -€7,857 | -9.4% |
| Other amounts receivable | 41 | €0 | €7,799 | +€7,799 | |
| Cash at bank and in hand | 54/58 | €225,176 | €266,170 | +€40,994 | +18.2% |
| Total equity and liabilities | 10/49 | €2,588,468 | €2,577,552 | -€10,916 | -0.4% |
| Equity | 10/15 | €1,347,876 | €1,056,325 | -€291,550 | -21.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €75,820 | €71,260 | -€4,560 | -6.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €69,620 | €65,060 | -€4,560 | -6.6% |
| Profit (loss) carried forward | 14 | €1,210,055 | €923,065 | -€286,990 | -23.7% |
| Provisions and deferred taxes | 16 | €18,241 | €16,721 | -€1,520 | -8.3% |
| Deferred taxes | 168 | €18,241 | €16,721 | -€1,520 | -8.3% |
| Amounts payable | 17/49 | €1,222,351 | €1,504,506 | +€282,155 | +23.1% |
| Amounts payable after more than one year | 17 | €791,620 | €664,948 | -€126,672 | -16.0% |
| Financial debts | 170/4 | €791,620 | €664,948 | -€126,672 | -16.0% |
| Amounts payable within one year | 42/48 | €429,763 | €838,559 | +€408,796 | +95.1% |
| Current portion of amounts payable after more than one year | 42 | €126,672 | €176,672 | +€50,000 | +39.5% |
| Trade debts | 44 | €7,265 | €43,605 | +€36,340 | +500% |
| Suppliers | 440/4 | €7,265 | €43,605 | +€36,340 | +500% |
| Taxes, remuneration and social security | 45 | €19,306 | €13,116 | -€6,190 | -32.1% |
| Taxes | 450/3 | €19,306 | €13,116 | -€6,190 | -32.1% |
| Other amounts payable | 47/48 | €276,521 | €605,166 | +€328,645 | +119% |
| Accrued charges and deferred income | 492/3 | €968 | €998 | +€31 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105,196 | €103,251 | -€1,944 | -1.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €21,404 | €21,907 | +€504 | +2.4% |
| Gross operating margin | 9900 | €403,391 | €290,673 | -€112,718 | -27.9% |
| Operating profit (loss) | 9901 | €276,792 | €165,515 | -€111,277 | -40.2% |
| Financial income | 75/76B | €1,671 | €3,534 | +€1,864 | +112% |
| Recurring financial income | 75 | €1,671 | €3,534 | +€1,864 | +112% |
| Financial charges | 65/66B | €21,202 | €23,975 | +€2,774 | +13.1% |
| Recurring financial charges | 65 | €21,202 | €23,975 | +€2,774 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | €257,261 | €145,074 | -€112,187 | -43.6% |
| Transfer from deferred taxes | 780 | €1,520 | €1,520 | = | 0.0% |
| Income taxes | 67/77 | €67,240 | €38,144 | -€29,096 | -43.3% |
| Profit (loss) for the period | 9904 | €191,541 | €108,450 | -€83,091 | -43.4% |
| Transfer from tax-exempt reserves | 789 | €4,560 | €4,560 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €196,101 | €113,010 | -€83,091 | -42.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.