AVIBRU: 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.
AVIBRU
Largest movements
- Tangible fixed assets -€29,345
down €29,345 (-5.4%), from €540,689 to €511,344
- Debts after one year -€37,947
down €37,947 (-7.8%), from €486,613 to €448,666
of which Financial debts: -€38,337
- Other debts +€6,262
up €6,262 (+29.7%), from €21,061 to €27,323
- Gross operating margin -€2,853
down €2,853 (-6.6%), from €43,147 to €40,294
- Financial charges -€1,460
down €1,460 (-15.1%), from €9,657 to €8,197
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 | €542,441 | €513,030 | -€29,411 | -5.4% |
| Fixed assets | 21/28 | €540,689 | €511,344 | -€29,345 | -5.4% |
| Tangible fixed assets | 22/27 | €540,689 | €511,344 | -€29,345 | -5.4% |
| Land and buildings | 22 | €540,689 | €511,344 | -€29,345 | -5.4% |
| Current assets | 29/58 | €1,752 | €1,686 | -€66 | -3.8% |
| Cash at bank and in hand | 54/58 | €275 | €70 | -€205 | -74.5% |
| Deferred charges and accrued income | 490/1 | €1,477 | €1,616 | +€139 | +9.4% |
| Total equity and liabilities | 10/49 | €542,441 | €513,030 | -€29,411 | -5.4% |
| Equity | 10/15 | -€22,987 | -€21,449 | +€1,538 | +6.7% |
| Contributions | 10/11 | €6,592 | €6,592 | = | 0.0% |
| Reserves | 13 | €46,853 | €44,114 | -€2,739 | -5.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €44,993 | €42,254 | -€2,739 | -6.1% |
| Profit (loss) carried forward | 14 | -€76,432 | -€72,155 | +€4,277 | +5.6% |
| Provisions and deferred taxes | 16 | €14,998 | €14,085 | -€913 | -6.1% |
| Deferred taxes | 168 | €14,998 | €14,085 | -€913 | -6.1% |
| Amounts payable | 17/49 | €550,430 | €520,394 | -€30,036 | -5.5% |
| Amounts payable after more than one year | 17 | €486,613 | €448,666 | -€37,947 | -7.8% |
| Financial debts | 170/4 | €170,494 | €132,157 | -€38,337 | -22.5% |
| Other amounts payable | 178/9 | €316,119 | €316,509 | +€390 | +0.1% |
| Amounts payable within one year | 42/48 | €63,106 | €71,141 | +€8,035 | +12.7% |
| Current portion of amounts payable after more than one year | 42 | €39,818 | €41,462 | +€1,644 | +4.1% |
| Trade debts | 44 | €2,227 | €2,356 | +€129 | +5.8% |
| Suppliers | 440/4 | €2,227 | €2,356 | +€129 | +5.8% |
| Other amounts payable | 47/48 | €21,061 | €27,323 | +€6,262 | +29.7% |
| Accrued charges and deferred income | 492/3 | €710 | €586 | -€124 | -17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,345 | €29,345 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,985 | €2,127 | +€142 | +7.1% |
| Gross operating margin | 9900 | €43,147 | €40,294 | -€2,853 | -6.6% |
| Operating profit (loss) | 9901 | €11,817 | €8,823 | -€2,995 | -25.3% |
| Financial charges | 65/66B | €9,657 | €8,197 | -€1,460 | -15.1% |
| Recurring financial charges | 65 | €9,657 | €8,197 | -€1,460 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €2,160 | €625 | -€1,535 | -71.1% |
| Transfer from deferred taxes | 780 | €913 | €913 | = | 0.0% |
| Profit (loss) for the period | 9904 | €3,073 | €1,538 | -€1,535 | -49.9% |
| Transfer from tax-exempt reserves | 789 | €2,739 | €2,739 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,812 | €4,277 | -€1,535 | -26.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.