AVICOUNT: 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.
AVICOUNT
Largest movements
- Cash -€272,648
down €272,648 (-75.3%), from €362,167 to €89,519
mainly Contributions, distributions and other (-€279,914) and Current investments (-€200,000)
- Current investments +€200,000
new in 2025: €200,000
- Tangible fixed assets -€38,824
down €38,824 (-20.6%), from €188,598 to €149,774
of which Furniture and vehicles: -€31,667
- Other debts -€190,295
down €190,295 (-80.3%), from €236,935 to €46,641
- Trade debts +€49,630
up €49,630 (+208.9%), from €23,754 to €73,384
- Profit (loss) carried forward +€29,211
up €29,211 (+10.4%), from €279,914 to €309,125
- Gross operating margin +€38,818
up €38,818 (+7.2%), from €535,687 to €574,505
- Write-downs -€23,444
no longer reported in 2025 (was €23,444)
- Taxes +€21,387
up €21,387 (+24.8%), from €86,255 to €107,642
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 | €635,817 | €528,300 | -€107,518 | -16.9% |
| Fixed assets | 21/28 | €188,748 | €149,924 | -€38,824 | -20.6% |
| Tangible fixed assets | 22/27 | €188,598 | €149,774 | -€38,824 | -20.6% |
| Furniture and vehicles | 24 | €173,211 | €141,544 | -€31,667 | -18.3% |
| Other tangible fixed assets | 26 | €15,388 | €8,231 | -€7,157 | -46.5% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €447,069 | €378,375 | -€68,694 | -15.4% |
| Amounts receivable within one year | 40/41 | €84,902 | €88,856 | +€3,955 | +4.7% |
| Trade receivables | 40 | €75,964 | €85,580 | +€9,616 | +12.7% |
| Other amounts receivable | 41 | €8,937 | €3,276 | -€5,661 | -63.3% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €362,167 | €89,519 | -€272,648 | -75.3% |
| Total equity and liabilities | 10/49 | €635,817 | €528,300 | -€107,518 | -16.9% |
| Equity | 10/15 | €302,679 | €331,890 | +€29,211 | +9.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,766 | €2,766 | = | 0.0% |
| Distributable reserves | 133 | €2,766 | €2,766 | = | 0.0% |
| Profit (loss) carried forward | 14 | €279,914 | €309,125 | +€29,211 | +10.4% |
| Amounts payable | 17/49 | €333,138 | €196,409 | -€136,729 | -41.0% |
| Amounts payable within one year | 42/48 | €333,138 | €196,409 | -€136,729 | -41.0% |
| Trade debts | 44 | €23,754 | €73,384 | +€49,630 | +208.9% |
| Suppliers | 440/4 | €23,754 | €73,384 | +€49,630 | +208.9% |
| Taxes, remuneration and social security | 45 | €72,449 | €76,385 | +€3,936 | +5.4% |
| Taxes | 450/3 | €46,373 | €46,288 | -€85 | -0.2% |
| Remuneration and social security | 454/9 | €26,076 | €30,097 | +€4,021 | +15.4% |
| Other amounts payable | 47/48 | €236,935 | €46,641 | -€190,295 | -80.3% |
| Remuneration, social security and pensions | 62 | €110,386 | €112,069 | +€1,684 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,144 | €52,414 | +€4,270 | +8.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €23,444 | - | -€23,444 | |
| Other operating charges | 640/8 | €193 | €1,051 | +€858 | +444.5% |
| Gross operating margin | 9900 | €535,687 | €574,505 | +€38,818 | +7.2% |
| Operating profit (loss) | 9901 | €353,520 | €408,970 | +€55,451 | +15.7% |
| Financial income | 75/76B | €13,310 | €8,285 | -€5,025 | -37.8% |
| Recurring financial income | 75 | €13,310 | €8,285 | -€5,025 | -37.8% |
| Financial charges | 65/66B | €904 | €488 | -€416 | -46.0% |
| Recurring financial charges | 65 | €904 | €488 | -€416 | -46.0% |
| Profit (loss) for the period before taxes | 9903 | €365,926 | €416,767 | +€50,841 | +13.9% |
| Income taxes | 67/77 | €86,255 | €107,642 | +€21,387 | +24.8% |
| Profit (loss) for the period | 9904 | €279,670 | €309,125 | +€29,454 | +10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €279,670 | €309,125 | +€29,454 | +10.5% |
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 5 October 2026 via checked.be.