AVIMO: 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.
AVIMO
Largest movements
- Tangible fixed assets -€20,059
down €20,059 (-2.4%), from €846,182 to €826,124
of which Land and buildings: -€15,957
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€5,255
down €5,255 (-27.3%), from €19,247 to €13,992
- Financial income -€818
down €818 (-26.3%), from €3,114 to €2,296
- Other operating charges -€798
down €798 (-10.5%), from €7,569 to €6,772
- Depreciation +€244
up €244 (+1.2%), from €19,815 to €20,059
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 | €1,167,626 | €1,160,777 | -€6,849 | -0.6% |
| Fixed assets | 21/28 | €846,182 | €826,124 | -€20,059 | -2.4% |
| Tangible fixed assets | 22/27 | €846,182 | €826,124 | -€20,059 | -2.4% |
| Land and buildings | 22 | €842,080 | €826,124 | -€15,957 | -1.9% |
| Plant, machinery and equipment | 23 | €4,102 | - | -€4,102 | |
| Current assets | 29/58 | €321,444 | €334,653 | +€13,210 | +4.1% |
| Amounts receivable within one year | 40/41 | €934 | €6,006 | +€5,071 | +543.0% |
| Trade receivables | 40 | - | €5,317 | +€5,317 | |
| Other amounts receivable | 41 | €934 | €689 | -€245 | -26.3% |
| Cash at bank and in hand | 54/58 | €319,674 | €328,159 | +€8,485 | +2.7% |
| Deferred charges and accrued income | 490/1 | €836 | €489 | -€347 | -41.5% |
| Total equity and liabilities | 10/49 | €1,167,626 | €1,160,777 | -€6,849 | -0.6% |
| Equity | 10/15 | €993,219 | €988,787 | -€4,432 | -0.4% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €685,636 | €675,307 | -€10,328 | -1.5% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Tax-exempt reserves | 132 | €416,780 | €406,452 | -€10,328 | -2.5% |
| Distributable reserves | 133 | €256,461 | €256,461 | = | 0.0% |
| Profit (loss) carried forward | 14 | €183,636 | €189,532 | +€5,896 | +3.2% |
| Provisions and deferred taxes | 16 | €171,988 | €167,650 | -€4,338 | -2.5% |
| Deferred taxes | 168 | €171,988 | €167,650 | -€4,338 | -2.5% |
| Amounts payable | 17/49 | €2,419 | €4,341 | +€1,921 | +79.4% |
| Amounts payable within one year | 42/48 | €2,168 | €3,353 | +€1,184 | +54.6% |
| Trade debts | 44 | €2,168 | €3,353 | +€1,184 | +54.6% |
| Suppliers | 440/4 | €2,168 | €3,353 | +€1,184 | +54.6% |
| Accrued charges and deferred income | 492/3 | €251 | €988 | +€737 | +294.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,815 | €20,059 | +€244 | +1.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,775 | -€1,775 | = | 0.0% |
| Other operating charges | 640/8 | €7,569 | €6,772 | -€798 | -10.5% |
| Gross operating margin | 9900 | €19,247 | €13,992 | -€5,255 | -27.3% |
| Operating profit (loss) | 9901 | -€6,363 | -€11,064 | -€4,701 | -73.9% |
| Financial income | 75/76B | €3,114 | €2,296 | -€818 | -26.3% |
| Recurring financial income | 75 | €3,114 | €2,296 | -€818 | -26.3% |
| Financial charges | 65/66B | €5 | €2 | -€3 | -55.1% |
| Recurring financial charges | 65 | €5 | €2 | -€3 | -55.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,254 | -€8,771 | -€5,517 | -169.5% |
| Transfer from deferred taxes | 780 | €4,338 | €4,338 | = | 0.0% |
| Profit (loss) for the period | 9904 | €1,084 | -€4,432 | -€5,517 | |
| Transfer from tax-exempt reserves | 789 | €10,328 | €10,328 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,413 | €5,896 | -€5,517 | -48.3% |
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 2 October 2026 via checked.be.