AVILAN: 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.
AVILAN
Largest movements
- Receivables within one year -€90,634
down €90,634 (-28.8%), from €314,676 to €224,042
of which Trade receivables: -€89,144
- Cash +€66,096
up €66,096 (+79.9%), from €82,753 to €148,849
mainly Receivables within one year (+€90,634) and Other debts (+€88,235)
- Stocks and contracts -€28,496
down €28,496 (-13.3%), from €214,018 to €185,522
- Tangible fixed assets -€11,784
down €11,784 (-4.1%), from €289,763 to €277,979
of which Other tangible fixed assets: -€7,394
- Other debts +€88,235
up €88,235 (+4578.7%), from €1,927 to €90,162
- Advances received -€44,436
down €44,436 (-11.2%), from €398,228 to €353,792
- Trade debts -€37,939
down €37,939 (-49.8%), from €76,113 to €38,174
- Reserves -€28,609
down €28,609 (-25.0%), from €114,300 to €85,691
- Debts after one year -€26,692
down €26,692 (-19.1%), from €139,664 to €112,972
- Gross operating margin +€61,654
up €61,654 (+26.6%), from €231,958 to €293,613
- Staff costs +€48,365
up €48,365 (+32.1%), from €150,688 to €199,053
- Depreciation -€15,037
down €15,037 (-26.0%), from €57,895 to €42,858
- Taxes +€6,128
up €6,128 (+47.3%), from €12,956 to €19,084
- Financial income -€3,895
down €3,895 (-8.2%), from €47,360 to €43,465
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 | €905,896 | €842,737 | -€63,159 | -7.0% |
| Fixed assets | 21/28 | €289,763 | €277,979 | -€11,784 | -4.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €289,763 | €277,979 | -€11,784 | -4.1% |
| Plant, machinery and equipment | 23 | €518 | €0 | -€518 | -100.0% |
| Furniture and vehicles | 24 | €24,618 | €20,746 | -€3,872 | -15.7% |
| Other tangible fixed assets | 26 | €264,627 | €257,233 | -€7,394 | -2.8% |
| Current assets | 29/58 | €616,133 | €564,758 | -€51,375 | -8.3% |
| Stocks and contracts in progress | 3 | €214,018 | €185,522 | -€28,496 | -13.3% |
| Stocks | 30/36 | €214,018 | €185,522 | -€28,496 | -13.3% |
| Amounts receivable within one year | 40/41 | €314,676 | €224,042 | -€90,634 | -28.8% |
| Trade receivables | 40 | €211,870 | €122,725 | -€89,144 | -42.1% |
| Other amounts receivable | 41 | €102,806 | €101,317 | -€1,489 | -1.4% |
| Cash at bank and in hand | 54/58 | €82,753 | €148,849 | +€66,096 | +79.9% |
| Deferred charges and accrued income | 490/1 | €4,686 | €6,345 | +€1,659 | +35.4% |
| Total equity and liabilities | 10/49 | €905,896 | €842,737 | -€63,159 | -7.0% |
| Equity | 10/15 | €214,300 | €185,691 | -€28,609 | -13.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €114,300 | €85,691 | -€28,609 | -25.0% |
| Distributable reserves | 133 | €114,300 | €85,691 | -€28,609 | -25.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €691,596 | €657,046 | -€34,550 | -5.0% |
| Amounts payable after more than one year | 17 | €139,664 | €112,972 | -€26,692 | -19.1% |
| Financial debts | 170/4 | €139,664 | €112,972 | -€26,692 | -19.1% |
| Amounts payable within one year | 42/48 | €551,932 | €544,073 | -€7,859 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €43,437 | €31,738 | -€11,699 | -26.9% |
| Trade debts | 44 | €76,113 | €38,174 | -€37,939 | -49.8% |
| Suppliers | 440/4 | €76,113 | €38,174 | -€37,939 | -49.8% |
| Advances received on contracts in progress | 46 | €398,228 | €353,792 | -€44,436 | -11.2% |
| Taxes, remuneration and social security | 45 | €32,227 | €30,208 | -€2,019 | -6.3% |
| Taxes | 450/3 | €14,393 | €8,825 | -€5,568 | -38.7% |
| Remuneration and social security | 454/9 | €17,835 | €21,383 | +€3,549 | +19.9% |
| Other amounts payable | 47/48 | €1,927 | €90,162 | +€88,235 | +4578.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €150,688 | €199,053 | +€48,365 | +32.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,895 | €42,858 | -€15,037 | -26.0% |
| Other operating charges | 640/8 | €4,663 | €5,031 | +€368 | +7.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €231,958 | €293,613 | +€61,654 | +26.6% |
| Operating profit (loss) | 9901 | €18,712 | €46,670 | +€27,958 | +149.4% |
| Financial income | 75/76B | €47,360 | €43,465 | -€3,895 | -8.2% |
| Recurring financial income | 75 | €47,360 | €43,465 | -€3,895 | -8.2% |
| Financial charges | 65/66B | €12,579 | €11,425 | -€1,154 | -9.2% |
| Recurring financial charges | 65 | €12,579 | €11,425 | -€1,154 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €53,493 | €78,711 | +€25,217 | +47.1% |
| Income taxes | 67/77 | €12,956 | €19,084 | +€6,128 | +47.3% |
| Profit (loss) for the period | 9904 | €40,537 | €59,626 | +€19,089 | +47.1% |
| Profit (loss) for the period to be appropriated | 9905 | €40,537 | €59,626 | +€19,089 | +47.1% |
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 11 October 2026 via checked.be.