AVILEC: what changed
AVILEC
Largest movements
- Cash -€41,134
down €41,134 (-58.1%), from €70,752 to €29,618
mainly Trade debts (-€54,742) and Receivables within one year (-€37,071)
- Receivables within one year +€37,071
up €37,071 (+57.3%), from €64,696 to €101,766
of which Trade receivables: +€60,765
- Tangible fixed assets -€15,294
down €15,294 (-20.3%), from €75,394 to €60,099
of which Furniture and vehicles: -€13,465
- Trade debts -€54,742
down €54,742 (-75.2%), from €72,808 to €18,066
- Other debts +€16,628
up €16,628 (+182%), from €9,133 to €25,761
- Reserves +€15,452
up €15,452 (+14.0%), from €110,009 to €125,461
- Tax, wage and social debts +€4,577
up €4,577 (+153%), from €3,000 to €7,577
- Financial charges +€23,459
up €23,459 (+215%), from €10,908 to €34,366
- Staff costs -€18,423
down €18,423 (-99.2%), from €18,569 to €145
- Depreciation +€6,299
up €6,299 (+44.6%), from €14,118 to €20,417
- Gross operating margin +€4,804
up €4,804 (+6.7%), from €72,181 to €76,985
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €213,684 | €196,340 | -€17,344 | -8.1% |
| Fixed assets | 21/28 | €75,394 | €60,099 | -€15,294 | -20.3% |
| Tangible fixed assets | 22/27 | €75,394 | €60,099 | -€15,294 | -20.3% |
| Plant, machinery and equipment | 23 | €5,887 | €4,057 | -€1,830 | -31.1% |
| Furniture and vehicles | 24 | €69,507 | €56,042 | -€13,465 | -19.4% |
| Current assets | 29/58 | €138,290 | €136,240 | -€2,050 | -1.5% |
| Amounts receivable within one year | 40/41 | €64,696 | €101,766 | +€37,071 | +57.3% |
| Trade receivables | 40 | €36,853 | €97,618 | +€60,765 | +165% |
| Other amounts receivable | 41 | €27,842 | €4,148 | -€23,695 | -85.1% |
| Cash at bank and in hand | 54/58 | €70,752 | €29,618 | -€41,134 | -58.1% |
| Deferred charges and accrued income | 490/1 | €2,842 | €4,856 | +€2,014 | +70.8% |
| Total equity and liabilities | 10/49 | €213,684 | €196,340 | -€17,344 | -8.1% |
| Equity | 10/15 | €128,609 | €144,061 | +€15,452 | +12.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €110,009 | €125,461 | +€15,452 | +14.0% |
| Distributable reserves | 133 | €110,009 | €125,461 | +€15,452 | +14.0% |
| Amounts payable | 17/49 | €85,075 | €52,279 | -€32,796 | -38.5% |
| Amounts payable within one year | 42/48 | €84,941 | €51,404 | -€33,537 | -39.5% |
| Trade debts | 44 | €72,808 | €18,066 | -€54,742 | -75.2% |
| Suppliers | 440/4 | €72,808 | €18,066 | -€54,742 | -75.2% |
| Taxes, remuneration and social security | 45 | €3,000 | €7,577 | +€4,577 | +153% |
| Taxes | 450/3 | €3,000 | €7,577 | +€4,577 | +153% |
| Other amounts payable | 47/48 | €9,133 | €25,761 | +€16,628 | +182% |
| Accrued charges and deferred income | 492/3 | €134 | €875 | +€740 | +551% |
| Remuneration, social security and pensions | 62 | €18,569 | €145 | -€18,423 | -99.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,118 | €20,417 | +€6,299 | +44.6% |
| Other operating charges | 640/8 | €1,218 | €1,195 | -€23 | -1.9% |
| Non-recurring operating charges | 66A | €164 | - | -€164 | |
| Gross operating margin | 9900 | €72,181 | €76,985 | +€4,804 | +6.7% |
| Operating profit (loss) | 9901 | €38,112 | €55,229 | +€17,117 | +44.9% |
| Financial income | 75/76B | €23 | - | -€23 | |
| Recurring financial income | 75 | €23 | - | -€23 | |
| Financial charges | 65/66B | €10,908 | €34,366 | +€23,459 | +215% |
| Recurring financial charges | 65 | €10,908 | €34,366 | +€23,459 | +215% |
| Profit (loss) for the period before taxes | 9903 | €27,227 | €20,862 | -€6,365 | -23.4% |
| Income taxes | 67/77 | €5,163 | €4,577 | -€586 | -11.4% |
| Profit (loss) for the period | 9904 | €22,064 | €16,285 | -€5,779 | -26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,064 | €16,285 | -€5,779 | -26.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.