AVICI CONSTRUCT: 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.
AVICI CONSTRUCT
Largest movements
- Stocks and contracts -€18,000
down €18,000 (-48.0%), from €37,539 to €19,539
of which Contracts in progress: -€18,000
- Cash -€15,691
down €15,691 (-58.9%), from €26,653 to €10,962
mainly Other debts (-€43,013) and Receivables within one year (-€6,604)
- Receivables within one year +€6,604
up €6,604 (+4.6%), from €144,206 to €150,810
of which Other amounts receivable: +€134,198
- Other debts -€43,013
down €43,013 (-52.5%), from €81,856 to €38,843
- Profit (loss) carried forward +€10,946
up €10,946, from -€10,704 to €242
- Trade debts +€6,286
up €6,286 (+170.0%), from €3,698 to €9,984
- Accrued charges and deferred income -€4,448
no longer reported in 2024 (was €4,448)
- Reserves +€3,140
up €3,140 (+168.8%), from €1,860 to €5,000
- Gross operating margin +€5,884
up €5,884 (+53.5%), from €10,994 to €16,877
- Staff costs -€731
no longer reported in 2024 (was €731)
- Other operating charges +€272
up €272 (+20.2%), from €1,348 to €1,620
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €211,513 | €183,567 | -€27,946 | -13.2% |
| Fixed assets | 21/28 | €3,115 | €2,157 | -€958 | -30.8% |
| Tangible fixed assets | 22/27 | €1,355 | €397 | -€958 | -70.7% |
| Plant, machinery and equipment | 23 | €1,355 | €397 | -€958 | -70.7% |
| Financial fixed assets | 28 | €1,760 | €1,760 | = | 0.0% |
| Current assets | 29/58 | €208,398 | €181,410 | -€26,988 | -13.0% |
| Stocks and contracts in progress | 3 | €37,539 | €19,539 | -€18,000 | -48.0% |
| Stocks | 30/36 | €19,539 | €19,539 | = | 0.0% |
| Contracts in progress | 37 | €18,000 | - | -€18,000 | |
| Amounts receivable within one year | 40/41 | €144,206 | €150,810 | +€6,604 | +4.6% |
| Trade receivables | 40 | €143,381 | €15,786 | -€127,595 | -89.0% |
| Other amounts receivable | 41 | €826 | €135,024 | +€134,198 | +16254.2% |
| Cash at bank and in hand | 54/58 | €26,653 | €10,962 | -€15,691 | -58.9% |
| Deferred charges and accrued income | 490/1 | - | €99 | +€99 | |
| Total equity and liabilities | 10/49 | €211,513 | €183,567 | -€27,946 | -13.2% |
| Equity | 10/15 | -€2,644 | €11,442 | +€14,086 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €5,000 | +€3,140 | +168.8% |
| Distributable reserves | 133 | €1,860 | €5,000 | +€3,140 | +168.8% |
| Profit (loss) carried forward | 14 | -€10,704 | €242 | +€10,946 | |
| Amounts payable | 17/49 | €214,157 | €172,124 | -€42,032 | -19.6% |
| Amounts payable within one year | 42/48 | €209,708 | €172,124 | -€37,584 | -17.9% |
| Trade debts | 44 | €3,698 | €9,984 | +€6,286 | +170.0% |
| Suppliers | 440/4 | €3,698 | €9,984 | +€6,286 | +170.0% |
| Advances received on contracts in progress | 46 | €120,000 | €120,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,154 | €3,298 | -€857 | -20.6% |
| Taxes | 450/3 | €4,154 | €3,298 | -€857 | -20.6% |
| Other amounts payable | 47/48 | €81,856 | €38,843 | -€43,013 | -52.5% |
| Accrued charges and deferred income | 492/3 | €4,448 | - | -€4,448 | |
| Remuneration, social security and pensions | 62 | €731 | - | -€731 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €958 | €958 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,348 | €1,620 | +€272 | +20.2% |
| Gross operating margin | 9900 | €10,994 | €16,877 | +€5,884 | +53.5% |
| Operating profit (loss) | 9901 | €7,957 | €14,299 | +€6,342 | +79.7% |
| Financial income | 75/76B | €16 | - | -€16 | |
| Recurring financial income | 75 | €16 | - | -€16 | |
| Financial charges | 65/66B | €161 | €213 | +€53 | +32.8% |
| Recurring financial charges | 65 | €161 | €213 | +€53 | +32.8% |
| Profit (loss) for the period before taxes | 9903 | €7,813 | €14,086 | +€6,273 | +80.3% |
| Profit (loss) for the period | 9904 | €7,813 | €14,086 | +€6,273 | +80.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,813 | €14,086 | +€6,273 | +80.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.