AVINCI: 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.
AVINCI
Largest movements
- Tangible fixed assets -€18,061
down €18,061 (-2.3%), from €786,091 to €768,030
of which Land and buildings: -€14,403
- Cash +€10,780
up €10,780 (+12.8%), from €84,541 to €95,321
mainly Depreciation (+€18,061) and Deferred charges and accrued income (+€4,188)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€10,048
up €10,048, from -€111 to €9,937
- Depreciation +€1,906
up €1,906 (+11.8%), from €16,155 to €18,061
- Other operating charges -€1,474
down €1,474 (-30.7%), from €4,808 to €3,334
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €878,318 | €866,849 | -€11,469 | -1.3% |
| Fixed assets | 21/28 | €786,091 | €768,030 | -€18,061 | -2.3% |
| Tangible fixed assets | 22/27 | €786,091 | €768,030 | -€18,061 | -2.3% |
| Land and buildings | 22 | €775,456 | €761,053 | -€14,403 | -1.9% |
| Plant, machinery and equipment | 23 | €8,682 | €5,516 | -€3,166 | -36.5% |
| Furniture and vehicles | 24 | €1,953 | €1,461 | -€492 | -25.2% |
| Current assets | 29/58 | €92,227 | €98,819 | +€6,592 | +7.1% |
| Cash at bank and in hand | 54/58 | €84,541 | €95,321 | +€10,780 | +12.8% |
| Deferred charges and accrued income | 490/1 | €7,686 | €3,498 | -€4,188 | -54.5% |
| Total equity and liabilities | 10/49 | €878,318 | €866,849 | -€11,469 | -1.3% |
| Equity | 10/15 | €877,613 | €866,005 | -€11,608 | -1.3% |
| Contributions | 10/11 | €870,000 | €870,000 | = | 0.0% |
| Reserves | 13 | €7,613 | - | -€7,613 | |
| Distributable reserves | 133 | €7,613 | - | -€7,613 | |
| Profit (loss) carried forward | 14 | - | -€3,995 | -€3,995 | |
| Amounts payable | 17/49 | €705 | €844 | +€139 | +19.7% |
| Amounts payable within one year | 42/48 | €705 | €844 | +€139 | +19.7% |
| Trade debts | 44 | €705 | €844 | +€139 | +19.7% |
| Suppliers | 440/4 | €705 | €844 | +€139 | +19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,155 | €18,061 | +€1,906 | +11.8% |
| Other operating charges | 640/8 | €4,808 | €3,334 | -€1,474 | -30.7% |
| Gross operating margin | 9900 | -€111 | €9,937 | +€10,048 | |
| Operating profit (loss) | 9901 | -€21,074 | -€11,458 | +€9,616 | +45.6% |
| Financial charges | 65/66B | €150 | €150 | = | 0.0% |
| Recurring financial charges | 65 | €150 | €150 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€21,224 | -€11,608 | +€9,616 | +45.3% |
| Profit (loss) for the period | 9904 | -€21,224 | -€11,608 | +€9,616 | +45.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,224 | -€11,608 | +€9,616 | +45.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.