AVICOM: 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.
AVICOM
Largest movements
- Receivables within one year +€37,729
up €37,729 (+53.6%), from €70,360 to €108,089
of which Other amounts receivable: +€43,782
- Tangible fixed assets -€4,240
down €4,240 (-42.4%), from €9,990 to €5,750
of which Furniture and vehicles: -€3,423
- Reserves +€18,456
up €18,456 (+36911.2%), from €50 to €18,506
of which Distributable reserves: +€18,456
- Trade debts +€8,984
up €8,984 (+22.9%), from €39,177 to €48,160
- Tax, wage and social debts +€5,117
up €5,117 (+27.5%), from €18,583 to €23,700
- Other operating charges -€14,249
down €14,249 (-98.4%), from €14,474 to €226
- Taxes +€4,718
up €4,718 (+66.3%), from €7,120 to €11,837
- Financial income +€3,261
new in 2025: €3,261
- Financial charges -€1,452
down €1,452 (-31.0%), from €4,676 to €3,224
- Depreciation -€1,325
down €1,325 (-23.8%), from €5,564 to €4,240
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 | €81,647 | €113,905 | +€32,259 | +39.5% |
| Fixed assets | 21/28 | €9,990 | €5,750 | -€4,240 | -42.4% |
| Tangible fixed assets | 22/27 | €9,990 | €5,750 | -€4,240 | -42.4% |
| Plant, machinery and equipment | 23 | €1,556 | €739 | -€817 | -52.5% |
| Furniture and vehicles | 24 | €8,434 | €5,011 | -€3,423 | -40.6% |
| Current assets | 29/58 | €71,657 | €108,155 | +€36,498 | +50.9% |
| Amounts receivable within one year | 40/41 | €70,360 | €108,089 | +€37,729 | +53.6% |
| Trade receivables | 40 | €22,695 | €16,642 | -€6,053 | -26.7% |
| Other amounts receivable | 41 | €47,665 | €91,448 | +€43,782 | +91.9% |
| Cash at bank and in hand | 54/58 | €703 | €66 | -€636 | -90.6% |
| Deferred charges and accrued income | 490/1 | €594 | €0 | -€594 | -100.0% |
| Total equity and liabilities | 10/49 | €81,647 | €113,905 | +€32,259 | +39.5% |
| Equity | 10/15 | €23,298 | €41,754 | +€18,456 | +79.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €50 | €18,506 | +€18,456 | +36911.2% |
| Non-distributable reserves | 130/1 | €50 | €50 | = | 0.0% |
| Reserves not available under the articles | 1311 | €50 | €50 | = | 0.0% |
| Distributable reserves | 133 | - | €18,456 | +€18,456 | |
| Profit (loss) carried forward | 14 | €4,648 | €4,648 | = | 0.0% |
| Amounts payable | 17/49 | €58,349 | €72,152 | +€13,803 | +23.7% |
| Amounts payable within one year | 42/48 | €58,349 | €72,152 | +€13,803 | +23.7% |
| Financial debts | 43 | - | €291 | +€291 | |
| Credit institutions | 430/8 | - | €291 | +€291 | |
| Trade debts | 44 | €39,177 | €48,160 | +€8,984 | +22.9% |
| Suppliers | 440/4 | €39,177 | €48,160 | +€8,984 | +22.9% |
| Taxes, remuneration and social security | 45 | €18,583 | €23,700 | +€5,117 | +27.5% |
| Taxes | 450/3 | €18,583 | €23,700 | +€5,117 | +27.5% |
| Other amounts payable | 47/48 | €589 | €0 | -€589 | -100.0% |
| Remuneration, social security and pensions | 62 | €1,228 | €0 | -€1,228 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,564 | €4,240 | -€1,325 | -23.8% |
| Other operating charges | 640/8 | €14,474 | €226 | -€14,249 | -98.4% |
| Gross operating margin | 9900 | €35,724 | €34,721 | -€1,002 | -2.8% |
| Operating profit (loss) | 9901 | €14,456 | €30,256 | +€15,800 | +109.3% |
| Financial income | 75/76B | - | €3,261 | +€3,261 | |
| Recurring financial income | 75 | - | €3,261 | +€3,261 | |
| Financial charges | 65/66B | €4,676 | €3,224 | -€1,452 | -31.0% |
| Recurring financial charges | 65 | €4,676 | €3,224 | -€1,452 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €9,780 | €30,293 | +€20,513 | +209.7% |
| Income taxes | 67/77 | €7,120 | €11,837 | +€4,718 | +66.3% |
| Profit (loss) for the period | 9904 | €2,660 | €18,456 | +€15,795 | +593.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,660 | €18,456 | +€15,795 | +593.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.