AVIFAUNA: 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.
AVIFAUNA
Largest movements
- Stocks and contracts -€141,115
down €141,115 (-26.6%), from €530,375 to €389,260
- Cash +€88,731
up €88,731 (+101%), from €88,125 to €176,856
mainly Stocks and contracts (+€141,115) and Depreciation (+€46,802)
- Tangible fixed assets -€44,795
down €44,795 (-7.8%), from €571,024 to €526,229
of which Land and buildings: -€27,577
- Profit (loss) carried forward -€102,555
down €102,555, from €28,927 to -€73,628
- Debts after one year -€15,885
down €15,885 (-8.1%), from €197,256 to €181,371
- Gross operating margin -€142,023
down €142,023, from €125,209 to -€16,813
- Depreciation -€38,866
down €38,866 (-45.4%), from €85,668 to €46,802
- Other operating charges -€1,379
down €1,379 (-45.6%), from €3,028 to €1,649
- Staff costs +€1,349
up €1,349 (+4.1%), from €32,960 to €34,309
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.
Derived cash bridge
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 | €1,221,498 | €1,115,781 | -€105,717 | -8.7% |
| Fixed assets | 21/28 | €571,084 | €526,289 | -€44,795 | -7.8% |
| Tangible fixed assets | 22/27 | €571,024 | €526,229 | -€44,795 | -7.8% |
| Land and buildings | 22 | €544,998 | €517,421 | -€27,577 | -5.1% |
| Plant, machinery and equipment | 23 | €2,446 | €1,357 | -€1,089 | -44.5% |
| Furniture and vehicles | 24 | €17,979 | €1,851 | -€16,129 | -89.7% |
| Other tangible fixed assets | 26 | €5,600 | €5,600 | = | 0.0% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €650,414 | €589,492 | -€60,922 | -9.4% |
| Stocks and contracts in progress | 3 | €530,375 | €389,260 | -€141,115 | -26.6% |
| Stocks | 30/36 | €530,375 | €389,260 | -€141,115 | -26.6% |
| Amounts receivable within one year | 40/41 | €4,966 | €4,432 | -€534 | -10.8% |
| Other amounts receivable | 41 | €4,966 | €4,432 | -€534 | -10.8% |
| Current investments | 50/53 | €1 | €0 | -€1 | -100% |
| Cash at bank and in hand | 54/58 | €88,125 | €176,856 | +€88,731 | +101% |
| Deferred charges and accrued income | 490/1 | €26,948 | €18,944 | -€8,003 | -29.7% |
| Total equity and liabilities | 10/49 | €1,221,498 | €1,115,781 | -€105,717 | -8.7% |
| Equity | 10/15 | €399,688 | €297,132 | -€102,555 | -25.7% |
| Contributions | 10/11 | €370,000 | €370,000 | = | 0.0% |
| Reserves | 13 | €760 | €760 | = | 0.0% |
| Distributable reserves | 133 | €760 | €760 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,927 | -€73,628 | -€102,555 | |
| Amounts payable | 17/49 | €821,811 | €818,649 | -€3,162 | -0.4% |
| Amounts payable after more than one year | 17 | €197,256 | €181,371 | -€15,885 | -8.1% |
| Financial debts | 170/4 | €197,256 | €181,371 | -€15,885 | -8.1% |
| Amounts payable within one year | 42/48 | €477,873 | €490,596 | +€12,723 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €15,680 | €15,885 | +€205 | +1.3% |
| Financial debts | 43 | €132 | €314 | +€182 | +138% |
| Credit institutions | 430/8 | €132 | €314 | +€182 | +138% |
| Trade debts | 44 | €14,850 | €20,830 | +€5,980 | +40.3% |
| Suppliers | 440/4 | €14,850 | €20,830 | +€5,980 | +40.3% |
| Taxes, remuneration and social security | 45 | €6,623 | €6,080 | -€544 | -8.2% |
| Taxes | 450/3 | €2,561 | €1,733 | -€828 | -32.3% |
| Remuneration and social security | 454/9 | €4,062 | €4,347 | +€284 | +7.0% |
| Other amounts payable | 47/48 | €440,588 | €447,487 | +€6,900 | +1.6% |
| Accrued charges and deferred income | 492/3 | €146,682 | €146,682 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €32,960 | €34,309 | +€1,349 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,668 | €46,802 | -€38,866 | -45.4% |
| Other operating charges | 640/8 | €3,028 | €1,649 | -€1,379 | -45.6% |
| Gross operating margin | 9900 | €125,209 | -€16,813 | -€142,023 | |
| Operating profit (loss) | 9901 | €3,553 | -€99,573 | -€103,126 | |
| Financial income | 75/76B | €0 | €11 | +€11 | +52,950% |
| Recurring financial income | 75 | €0 | €11 | +€11 | +52,950% |
| Financial charges | 65/66B | €3,169 | €2,993 | -€175 | -5.5% |
| Recurring financial charges | 65 | €3,169 | €2,993 | -€175 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €384 | -€102,555 | -€102,940 | |
| Income taxes | 67/77 | €374 | €0 | -€374 | -100% |
| Profit (loss) for the period | 9904 | €10 | -€102,555 | -€102,565 | |
| Profit (loss) for the period to be appropriated | 9905 | €10 | -€102,555 | -€102,565 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.