AVIGO: 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.
AVIGO
Largest movements
- Cash +€16,501
up €16,501 (+217%), from €7,621 to €24,123
mainly Net result for the year (+€11,899) and Other debts (+€11,135)
- Receivables within one year +€2,690
up €2,690 (+18.5%), from €14,508 to €17,198
of which Other amounts receivable: +€3,900
- Deferred charges and accrued income -€1,581
down €1,581 (-91.3%), from €1,732 to €150
- Tangible fixed assets -€1,547
down €1,547 (-40.7%), from €3,805 to €2,257
of which Furniture and vehicles: -€1,547
- Other debts +€11,135
up €11,135 (+832%), from €1,339 to €12,474
- Trade debts +€5,063
up €5,063 (+66.3%), from €7,642 to €12,705
- Gross operating margin +€16,254
up €16,254 (+313%), from €5,188 to €21,443
- Taxes +€3,853
up €3,853 (+175%), from €2,203 to €6,056
- Depreciation +€710
up €710 (+84.8%), from €837 to €1,547
- Other operating charges -€709
down €709 (-42.9%), from €1,653 to €944
- Financial charges -€323
down €323 (-20.5%), from €1,574 to €1,251
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 | €27,666 | €43,729 | +€16,063 | +58.1% |
| Fixed assets | 21/28 | €3,805 | €2,257 | -€1,547 | -40.7% |
| Tangible fixed assets | 22/27 | €3,805 | €2,257 | -€1,547 | -40.7% |
| Furniture and vehicles | 24 | €3,805 | €2,257 | -€1,547 | -40.7% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €23,861 | €41,472 | +€17,611 | +73.8% |
| Amounts receivable within one year | 40/41 | €14,508 | €17,198 | +€2,690 | +18.5% |
| Trade receivables | 40 | €7,865 | €6,655 | -€1,210 | -15.4% |
| Other amounts receivable | 41 | €6,643 | €10,543 | +€3,900 | +58.7% |
| Cash at bank and in hand | 54/58 | €7,621 | €24,123 | +€16,501 | +217% |
| Deferred charges and accrued income | 490/1 | €1,732 | €150 | -€1,581 | -91.3% |
| Total equity and liabilities | 10/49 | €27,666 | €43,729 | +€16,063 | +58.1% |
| Equity | 10/15 | €18,550 | €18,550 | = | 0.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Amounts payable | 17/49 | €9,116 | €25,179 | +€16,063 | +176% |
| Amounts payable within one year | 42/48 | €9,116 | €25,179 | +€16,063 | +176% |
| Trade debts | 44 | €7,642 | €12,705 | +€5,063 | +66.3% |
| Suppliers | 440/4 | €7,642 | €12,705 | +€5,063 | +66.3% |
| Taxes, remuneration and social security | 45 | €135 | - | -€135 | |
| Taxes | 450/3 | €135 | - | -€135 | |
| Other amounts payable | 47/48 | €1,339 | €12,474 | +€11,135 | +832% |
| Non-recurring operating income | 76A | €6,198 | €2,000 | -€4,198 | -67.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €837 | €1,547 | +€710 | +84.8% |
| Other operating charges | 640/8 | €1,653 | €944 | -€709 | -42.9% |
| Gross operating margin | 9900 | €5,188 | €21,443 | +€16,254 | +313% |
| Operating profit (loss) | 9901 | €2,698 | €18,952 | +€16,253 | +602% |
| Financial income | 75/76B | €122 | €254 | +€132 | +108% |
| Recurring financial income | 75 | €122 | €254 | +€132 | +108% |
| Financial charges | 65/66B | €1,574 | €1,251 | -€323 | -20.5% |
| Recurring financial charges | 65 | €1,574 | €1,251 | -€323 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €1,247 | €17,955 | +€16,708 | +1,340% |
| Income taxes | 67/77 | €2,203 | €6,056 | +€3,853 | +175% |
| Profit (loss) for the period | 9904 | -€956 | €11,899 | +€12,855 | |
| Profit (loss) for the period to be appropriated | 9905 | -€956 | €11,899 | +€12,855 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.