AVIETA: 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.
What changed
AVIETA
NACE 10.890, Manufacture of food products
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€358,426
2024 · -€114,554-€243,872
Equity
€4.8m
2024 · €5.7m-€922,842
Cash
€923,485
2024 · €1.8m-€915,671
Balance sheet total
€44.7m
2024 · €52.2m-€7.5m
Largest movements
Assets
- Receivables within one year -€3.3m
down €3.3m (-29.8%), from €11.1m to €7.8m
of which Trade receivables: -€3.0m
- Tangible fixed assets -€3.0m
down €3.0m (-9.2%), from €33.0m to €29.9m
of which Land and buildings: -€1.6m
- Cash -€915,671
down €915,671 (-49.8%), from €1.8m to €923,485
mainly Debts after one year (-€3.9m) and Trade debts (-€3.0m)
- Stocks and contracts -€525,243
down €525,243 (-9.5%), from €5.5m to €5.0m
Equity and liabilities
- Debts after one year -€3.9m
down €3.9m (-12.5%), from €30.8m to €26.9m
of which Financial debts: -€3.9m
- Trade debts -€3.0m
down €3.0m (-47.0%), from €6.4m to €3.4m
- Investment grants -€564,415
down €564,415 (-11.8%), from €4.8m to €4.2m
Income statement
- Staff costs +€1.6m
up €1.6m (+12.8%), from €12.6m to €14.3m
- Turnover +€1.1m
up €1.1m (+1.9%), from €56.7m to €57.8m
- Depreciation -€619,787
down €619,787 (-13.3%), from €4.6m to €4.0m
- Financial income +€581,278
up €581,278 (+55.3%), from €1.1m to €1.6m
of which Financial income: +€461,278
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.
Result 2024
-€114,554
Turnover
+€1.1m
Other operating income
+€369,389
Goods and materials
+€203,794
Services and other goods
+€417,571
Staff costs
-€1.6m
Depreciation
+€619,787
Write-downs
-€49,526
Other operating charges
-€4,558
Other operating items
-€1.9m
Financial income
+€581,278
Financial charges
+€76,109
Taxes
-€181
Deferred taxes and other
-€382
Result 2025
-€358,426
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.
From operations
+€4.9m
Investment
-€1.3m
Financing
-€4.5m
Cash 2024
€1.8m
From operations (derived)
+€4.9m
Net result for the year
-€358,426
Depreciation
+€4.0m
Stocks and contracts
+€525,243
Receivables within one year
+€3.3m
Deferred charges and accrued income
+€22,572
Smaller working-capital items
-€7,743
Trade debts
-€3.0m
Tax, wage and social debts
+€502,525
Accrued charges and deferred income
-€55,983
Investment (derived)
-€1.3m
Investment in fixed assets (net)
-€1.3m
Financing
-€4.5m
Debts after one year
-€3.9m
Current portion of long-term debt
-€359,570
Short-term financial debts
+€268,540
Contributions, distributions and other
-€564,415
Cash 2025
€923,485
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €52,155,790 | €44,696,329 | -€7.5m | -14.3% |
| Fixed assets | 21/28 | €33,415,176 | €30,711,379 | -€2.7m | -8.1% |
| Intangible fixed assets | 21 | €424,518 | €753,910 | +€329,391 | +77.6% |
| Tangible fixed assets | 22/27 | €32,961,051 | €29,927,162 | -€3.0m | -9.2% |
| Land and buildings | 22 | €25,318,207 | €23,750,774 | -€1.6m | -6.2% |
| Plant, machinery and equipment | 23 | €7,569,522 | €6,108,786 | -€1.5m | -19.3% |
| Furniture and vehicles | 24 | €73,321 | €67,602 | -€5,719 | -7.8% |
| Leasing and similar rights | 25 | €0 | €0 | = | |
| Financial fixed assets | 28 | €29,607 | €30,307 | +€700 | +2.4% |
| Affiliated companies | 280/1 | €20,877 | €20,877 | = | 0.0% |
| Participating interests | 280 | €20,877 | €20,877 | = | 0.0% |
| Other financial fixed assets | 284/8 | €8,730 | €9,430 | +€700 | +8.0% |
| Amounts receivable and cash guarantees | 285/8 | €8,730 | €9,430 | +€700 | +8.0% |
| Current assets | 29/58 | €18,740,614 | €13,984,951 | -€4.8m | -25.4% |
| Stocks and contracts in progress | 3 | €5,507,411 | €4,982,168 | -€525,243 | -9.5% |
| Stocks | 30/36 | €5,507,411 | €4,982,168 | -€525,243 | -9.5% |
| Raw materials and consumables | 30/31 | €3,099,080 | €2,746,933 | -€352,147 | -11.4% |
| Finished goods | 33 | €2,408,331 | €2,235,235 | -€173,097 | -7.2% |
| Amounts receivable within one year | 40/41 | €11,056,587 | €7,764,409 | -€3.3m | -29.8% |
| Trade receivables | 40 | €9,145,609 | €6,132,623 | -€3.0m | -32.9% |
| Other amounts receivable | 41 | €1,910,978 | €1,631,786 | -€279,192 | -14.6% |
| Current investments | 50/53 | €0 | - | = | |
| Other investments | 51/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,839,156 | €923,485 | -€915,671 | -49.8% |
| Deferred charges and accrued income | 490/1 | €337,460 | €314,888 | -€22,572 | -6.7% |
| Total equity and liabilities | 10/49 | €52,155,790 | €44,696,329 | -€7.5m | -14.3% |
| Equity | 10/15 | €5,737,025 | €4,814,183 | -€922,842 | -16.1% |
| Contributions | 10/11 | €782,000 | €782,000 | = | 0.0% |
| Capital | 10 | €341,113 | €341,113 | = | 0.0% |
| Issued capital | 100 | €341,113 | €341,113 | = | 0.0% |
| Contributions outside capital | 11 | €440,887 | €440,887 | = | 0.0% |
| Share premium | 1100/10 | €440,887 | €440,887 | = | 0.0% |
| Reserves | 13 | €220,136 | €196,077 | -€24,059 | -10.9% |
| Non-distributable reserves | 130/1 | €34,111 | €34,111 | = | 0.0% |
| Legal reserve | 130 | €34,111 | €34,111 | = | 0.0% |
| Tax-exempt reserves | 132 | €186,025 | €161,966 | -€24,059 | -12.9% |
| Profit (loss) carried forward | 14 | -€54,311 | -€388,678 | -€334,367 | -615.7% |
| Investment grants | 15 | €4,789,200 | €4,224,784 | -€564,415 | -11.8% |
| Provisions and deferred taxes | 16 | €61,195 | €53,175 | -€8,020 | -13.1% |
| Deferred taxes | 168 | €61,195 | €53,175 | -€8,020 | -13.1% |
| Amounts payable | 17/49 | €46,357,570 | €39,828,970 | -€6.5m | -14.1% |
| Amounts payable after more than one year | 17 | €30,751,073 | €26,894,281 | -€3.9m | -12.5% |
| Financial debts | 170/4 | €30,251,073 | €26,394,281 | -€3.9m | -12.7% |
| Subordinated loans | 170 | €8,179,568 | €6,729,568 | -€1.5m | -17.7% |
| Credit institutions | 173 | €22,071,504 | €19,664,712 | -€2.4m | -10.9% |
| Other amounts payable | 178/9 | €500,000 | €500,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €15,320,098 | €12,704,273 | -€2.6m | -17.1% |
| Current portion of amounts payable after more than one year | 42 | €5,216,362 | €4,856,792 | -€359,570 | -6.9% |
| Financial debts | 43 | €850,000 | €1,118,540 | +€268,540 | +31.6% |
| Credit institutions | 430/8 | €850,000 | €1,118,540 | +€268,540 | +31.6% |
| Trade debts | 44 | €6,443,845 | €3,416,248 | -€3.0m | -47.0% |
| Suppliers | 440/4 | €6,443,845 | €3,416,248 | -€3.0m | -47.0% |
| Taxes, remuneration and social security | 45 | €2,805,862 | €3,308,387 | +€502,525 | +17.9% |
| Taxes | 450/3 | €34,140 | €368,187 | +€334,047 | +978.5% |
| Remuneration and social security | 454/9 | €2,771,722 | €2,940,200 | +€168,478 | +6.1% |
| Other amounts payable | 47/48 | €4,029 | €4,305 | +€276 | +6.9% |
| Accrued charges and deferred income | 492/3 | €286,399 | €230,417 | -€55,983 | -19.5% |
| Operating income | 70/76A | €59,290,784 | €58,826,852 | -€463,931 | -0.8% |
| Turnover | 70 | €56,725,493 | €57,814,559 | +€1.1m | +1.9% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €1,765,095 | -€152,159 | -€1.9m | |
| Other operating income | 74 | €753,030 | €1,122,419 | +€369,389 | +49.1% |
| Non-recurring operating income | 76A | €47,166 | €42,034 | -€5,132 | -10.9% |
| Operating charges | 60/66A | €59,267,852 | €59,704,615 | +€436,763 | +0.7% |
| Goods for resale, raw materials and consumables | 60 | €26,790,349 | €26,586,555 | -€203,794 | -0.8% |
| Purchases | 600/8 | €27,040,627 | €26,280,583 | -€760,044 | -2.8% |
| Change in stocks: decrease (increase) | 609 | -€250,278 | €305,972 | +€556,250 | |
| Services and other goods | 61 | €14,960,639 | €14,543,068 | -€417,571 | -2.8% |
| Remuneration, social security and pensions | 62 | €12,649,631 | €14,273,463 | +€1.6m | +12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,649,836 | €4,030,049 | -€619,787 | -13.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,115 | €57,641 | +€49,526 | +610.3% |
| Other operating charges | 640/8 | €209,281 | €213,839 | +€4,558 | +2.2% |
| Non-recurring operating charges | 66A | €0 | €0 | -€0 | -100.0% |
| Operating profit (loss) | 9901 | €22,932 | -€877,763 | -€900,695 | |
| Financial income | 75/76B | €1,050,287 | €1,631,565 | +€581,278 | +55.3% |
| Recurring financial income | 75 | €1,050,287 | €1,511,565 | +€461,278 | +43.9% |
| Income from financial fixed assets | 750 | €423,182 | €919,388 | +€496,206 | +117.3% |
| Other financial income | 752/9 | €627,105 | €592,177 | -€34,928 | -5.6% |
| Non-recurring financial income | 76B | - | €120,000 | +€120,000 | |
| Financial charges | 65/66B | €1,190,647 | €1,114,538 | -€76,109 | -6.4% |
| Recurring financial charges | 65 | €1,190,647 | €1,114,538 | -€76,109 | -6.4% |
| Debt charges | 650 | €1,161,700 | €1,082,748 | -€78,952 | -6.8% |
| Other financial charges | 652/9 | €28,946 | €31,789 | +€2,843 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | -€117,428 | -€360,736 | -€243,308 | -207.2% |
| Transfer from deferred taxes | 780 | €8,402 | €8,020 | -€382 | -4.6% |
| Income taxes | 67/77 | €5,528 | €5,710 | +€181 | +3.3% |
| Taxes | 670/3 | €5,528 | €5,710 | +€181 | +3.3% |
| Tax adjustments and reversals of tax provisions | 77 | - | €0 | = | |
| Profit (loss) for the period | 9904 | -€114,554 | -€358,426 | -€243,872 | -212.9% |
| Transfer from tax-exempt reserves | 789 | €25,206 | €24,059 | -€1,147 | -4.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€89,349 | -€334,367 | -€245,019 | -274.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.