AVIKA: 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.
AVIKA
Largest movements
- Current investments +€81,097
up €81,097 (+90.1%), from €90,000 to €171,097
- Cash +€39,966
up €39,966 (+506.5%), from €7,890 to €47,856
mainly Net result for the year (+€163,768) and Depreciation (+€49,976)
- Intangible fixed assets -€30,000
down €30,000 (-24.0%), from €124,918 to €94,918
- Receivables within one year +€16,842
up €16,842 (+38.5%), from €43,798 to €60,641
of which Trade receivables: +€17,118
- Tangible fixed assets -€12,555
down €12,555 (-13.9%), from €90,553 to €77,998
of which Plant, machinery and equipment: -€6,651
- Reserves +€62,000
up €62,000 (+33.4%), from €185,390 to €247,390
- Other debts +€39,200
up €39,200 (+66.4%), from €59,000 to €98,200
- Trade debts -€27,184
down €27,184 (-91.9%), from €29,566 to €2,383
- Tax, wage and social debts +€20,310
up €20,310 (+93.3%), from €21,776 to €42,086
of which Taxes: +€10,522
- Debts after one year -€13,281
down €13,281 (-54.8%), from €24,252 to €10,971
- Gross operating margin +€143,759
up €143,759 (+36.5%), from €394,344 to €538,103
- Staff costs +€90,147
up €90,147 (+48.8%), from €184,628 to €274,775
- Taxes +€13,426
up €13,426 (+38.4%), from €34,959 to €48,385
- Financial income -€11,089
down €11,089 (-88.9%), from €12,467 to €1,378
of which Non-recurring financial income: -€11,000
- Depreciation +€7,927
up €7,927 (+18.9%), from €42,050 to €49,976
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 | €366,452 | €461,932 | +€95,480 | +26.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €215,565 | €173,011 | -€42,555 | -19.7% |
| Intangible fixed assets | 21 | €124,918 | €94,918 | -€30,000 | -24.0% |
| Tangible fixed assets | 22/27 | €90,553 | €77,998 | -€12,555 | -13.9% |
| Land and buildings | 22 | €18,998 | €16,657 | -€2,341 | -12.3% |
| Plant, machinery and equipment | 23 | €37,354 | €30,703 | -€6,651 | -17.8% |
| Furniture and vehicles | 24 | €34,201 | €30,639 | -€3,562 | -10.4% |
| Financial fixed assets | 28 | €94 | €94 | = | 0.0% |
| Current assets | 29/58 | €150,887 | €288,922 | +€138,035 | +91.5% |
| Amounts receivable within one year | 40/41 | €43,798 | €60,641 | +€16,842 | +38.5% |
| Trade receivables | 40 | €43,317 | €60,435 | +€17,118 | +39.5% |
| Other amounts receivable | 41 | €481 | €206 | -€275 | -57.2% |
| Current investments | 50/53 | €90,000 | €171,097 | +€81,097 | +90.1% |
| Cash at bank and in hand | 54/58 | €7,890 | €47,856 | +€39,966 | +506.5% |
| Deferred charges and accrued income | 490/1 | €9,198 | €9,328 | +€130 | +1.4% |
| Total equity and liabilities | 10/49 | €366,452 | €461,932 | +€95,480 | +26.1% |
| Equity | 10/15 | €215,873 | €278,891 | +€63,018 | +29.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €185,390 | €247,390 | +€62,000 | +33.4% |
| Distributable reserves | 133 | €185,390 | €247,390 | +€62,000 | +33.4% |
| Profit (loss) carried forward | 14 | €11,883 | €12,902 | +€1,018 | +8.6% |
| Amounts payable | 17/49 | €150,579 | €183,041 | +€32,462 | +21.6% |
| Amounts payable after more than one year | 17 | €24,252 | €10,971 | -€13,281 | -54.8% |
| Financial debts | 170/4 | €24,252 | €10,971 | -€13,281 | -54.8% |
| Amounts payable within one year | 42/48 | €123,292 | €155,950 | +€32,658 | +26.5% |
| Current portion of amounts payable after more than one year | 42 | €12,949 | €13,281 | +€332 | +2.6% |
| Trade debts | 44 | €29,566 | €2,383 | -€27,184 | -91.9% |
| Suppliers | 440/4 | €29,566 | €2,383 | -€27,184 | -91.9% |
| Taxes, remuneration and social security | 45 | €21,776 | €42,086 | +€20,310 | +93.3% |
| Taxes | 450/3 | - | €10,522 | +€10,522 | |
| Remuneration and social security | 454/9 | €21,776 | €31,565 | +€9,788 | +44.9% |
| Other amounts payable | 47/48 | €59,000 | €98,200 | +€39,200 | +66.4% |
| Accrued charges and deferred income | 492/3 | €3,035 | €16,120 | +€13,085 | +431.1% |
| Remuneration, social security and pensions | 62 | €184,628 | €274,775 | +€90,147 | +48.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,050 | €49,976 | +€7,927 | +18.9% |
| Other operating charges | 640/8 | €1,569 | €1,662 | +€93 | +5.9% |
| Gross operating margin | 9900 | €394,344 | €538,103 | +€143,759 | +36.5% |
| Operating profit (loss) | 9901 | €166,098 | €211,690 | +€45,592 | +27.4% |
| Financial income | 75/76B | €12,467 | €1,378 | -€11,089 | -88.9% |
| Recurring financial income | 75 | €1,467 | €1,378 | -€89 | -6.1% |
| Non-recurring financial income | 76B | €11,000 | - | -€11,000 | |
| Financial charges | 65/66B | €4,308 | €914 | -€3,394 | -78.8% |
| Recurring financial charges | 65 | €4,308 | €914 | -€3,394 | -78.8% |
| Profit (loss) for the period before taxes | 9903 | €174,256 | €212,153 | +€37,897 | +21.7% |
| Income taxes | 67/77 | €34,959 | €48,385 | +€13,426 | +38.4% |
| Profit (loss) for the period | 9904 | €139,297 | €163,768 | +€24,471 | +17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €139,297 | €163,768 | +€24,471 | +17.6% |
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 8 October 2026 via checked.be.