Avier: 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.
Avier
Largest movements
- Tangible fixed assets -€360,995
down €360,995 (-19.7%), from €1.8m to €1.5m
of which Plant, machinery and equipment: -€360,195
- Cash -€85,253
down €85,253 (-97.9%), from €87,069 to €1,817
mainly Trade debts (-€245,595) and Debts after one year (-€230,000)
- Receivables within one year +€35,438
up €35,438 (+8.5%), from €414,933 to €450,371
of which Other amounts receivable: +€156,940
- Trade debts -€245,595
down €245,595 (-52.7%), from €466,433 to €220,838
- Debts after one year -€230,000
down €230,000 (-13.7%), from €1.7m to €1.4m
- Accrued charges and deferred income +€156,970
up €156,970 (+20436.7%), from €768 to €157,738
- Profit (loss) carried forward -€94,403
down €94,403 (-609.8%), from -€15,481 to -€109,884
- Short-term financial debts +€52,647
new in 2025: €52,647
- Depreciation +€39,771
up €39,771 (+12.4%), from €321,224 to €360,995
- Financial charges +€30,770
up €30,770 (+16.5%), from €186,529 to €217,298
- Other operating charges +€7,109
up €7,109 (+532.5%), from €1,335 to €8,444
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 | €2,591,217 | €2,184,344 | -€406,873 | -15.7% |
| Fixed assets | 21/28 | €1,832,272 | €1,471,277 | -€360,995 | -19.7% |
| Tangible fixed assets | 22/27 | €1,832,272 | €1,471,277 | -€360,995 | -19.7% |
| Plant, machinery and equipment | 23 | €1,830,577 | €1,470,382 | -€360,195 | -19.7% |
| Furniture and vehicles | 24 | €1,695 | €894 | -€800 | -47.2% |
| Current assets | 29/58 | €758,945 | €713,067 | -€45,878 | -6.0% |
| Amounts receivable after more than one year | 29 | €250,000 | €250,000 | = | 0.0% |
| Other amounts receivable | 291 | €250,000 | €250,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €414,933 | €450,371 | +€35,438 | +8.5% |
| Trade receivables | 40 | €239,068 | €117,566 | -€121,502 | -50.8% |
| Other amounts receivable | 41 | €175,865 | €332,805 | +€156,940 | +89.2% |
| Cash at bank and in hand | 54/58 | €87,069 | €1,817 | -€85,253 | -97.9% |
| Deferred charges and accrued income | 490/1 | €6,943 | €10,880 | +€3,937 | +56.7% |
| Total equity and liabilities | 10/49 | €2,591,217 | €2,184,344 | -€406,873 | -15.7% |
| Equity | 10/15 | €102,819 | €8,416 | -€94,403 | -91.8% |
| Contributions | 10/11 | €118,300 | €118,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,481 | -€109,884 | -€94,403 | -609.8% |
| Amounts payable | 17/49 | €2,488,398 | €2,175,928 | -€312,470 | -12.6% |
| Amounts payable after more than one year | 17 | €1,675,000 | €1,445,000 | -€230,000 | -13.7% |
| Financial debts | 170/4 | €1,675,000 | €1,445,000 | -€230,000 | -13.7% |
| Amounts payable within one year | 42/48 | €812,630 | €573,190 | -€239,440 | -29.5% |
| Current portion of amounts payable after more than one year | 42 | €230,000 | €230,000 | = | 0.0% |
| Financial debts | 43 | - | €52,647 | +€52,647 | |
| Credit institutions | 430/8 | - | €52,647 | +€52,647 | |
| Trade debts | 44 | €466,433 | €220,838 | -€245,595 | -52.7% |
| Suppliers | 440/4 | €466,433 | €220,838 | -€245,595 | -52.7% |
| Taxes, remuneration and social security | 45 | €93,548 | €47,091 | -€46,457 | -49.7% |
| Taxes | 450/3 | €93,548 | €47,091 | -€46,457 | -49.7% |
| Other amounts payable | 47/48 | €22,649 | €22,614 | -€35 | -0.2% |
| Accrued charges and deferred income | 492/3 | €768 | €157,738 | +€156,970 | +20436.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €321,224 | €360,995 | +€39,771 | +12.4% |
| Other operating charges | 640/8 | €1,335 | €8,444 | +€7,109 | +532.5% |
| Gross operating margin | 9900 | €487,630 | €492,334 | +€4,704 | +1.0% |
| Operating profit (loss) | 9901 | €165,071 | €122,895 | -€42,176 | -25.6% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €186,529 | €217,298 | +€30,770 | +16.5% |
| Recurring financial charges | 65 | €186,529 | €217,298 | +€30,770 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | -€21,458 | -€94,403 | -€72,945 | -340.0% |
| Profit (loss) for the period | 9904 | -€21,458 | -€94,403 | -€72,945 | -340.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,458 | -€94,403 | -€72,945 | -340.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.