AVINEON: 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.
AVINEON
Largest movements
- Receivables within one year -€218,688
down €218,688 (-26.0%), from €841,070 to €622,382
of which Trade receivables: -€225,893
- Cash -€65,083
down €65,083 (-82.5%), from €78,869 to €13,786
mainly Trade debts (-€244,042) and Net result for the year (-€67,890)
- Stocks and contracts -€14,703
down €14,703 (-62.2%), from €23,649 to €8,946
- Trade debts -€244,042
down €244,042 (-30.6%), from €796,369 to €552,327
- Profit (loss) carried forward -€67,890
down €67,890 (-724.7%), from -€9,368 to -€77,258
- Turnover -€749,805
no longer reported in 2025 (was €749,805)
- Purchases and services -€485,705
no longer reported in 2025 (was €485,705)
- Gross operating margin -€137,612
down €137,612 (-13.4%), from €1.0m to €889,258
- Staff costs -€49,293
down €49,293 (-5.1%), from €967,049 to €917,756
- Taxes -€13,228
down €13,228 (-63.8%), from €20,723 to €7,495
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 | €1,037,610 | €722,719 | -€314,891 | -30.3% |
| Fixed assets | 21/28 | €63,242 | €54,382 | -€8,860 | -14.0% |
| Intangible fixed assets | 21 | €4,560 | €2,280 | -€2,280 | -50.0% |
| Tangible fixed assets | 22/27 | €41,112 | €34,532 | -€6,580 | -16.0% |
| Furniture and vehicles | 24 | €41,112 | €34,532 | -€6,580 | -16.0% |
| Financial fixed assets | 28 | €17,570 | €17,570 | = | 0.0% |
| Current assets | 29/58 | €974,368 | €668,337 | -€306,031 | -31.4% |
| Stocks and contracts in progress | 3 | €23,649 | €8,946 | -€14,703 | -62.2% |
| Contracts in progress | 37 | €23,649 | €8,946 | -€14,703 | -62.2% |
| Amounts receivable within one year | 40/41 | €841,070 | €622,382 | -€218,688 | -26.0% |
| Trade receivables | 40 | €835,493 | €609,600 | -€225,893 | -27.0% |
| Other amounts receivable | 41 | €5,577 | €12,782 | +€7,205 | +129.2% |
| Cash at bank and in hand | 54/58 | €78,869 | €13,786 | -€65,083 | -82.5% |
| Deferred charges and accrued income | 490/1 | €30,780 | €23,223 | -€7,557 | -24.6% |
| Total equity and liabilities | 10/49 | €1,037,610 | €722,719 | -€314,891 | -30.3% |
| Equity | 10/15 | €69,182 | €1,292 | -€67,890 | -98.1% |
| Contributions | 10/11 | €78,550 | €78,550 | = | 0.0% |
| Capital | 10 | €78,550 | €78,550 | = | 0.0% |
| Issued capital | 100 | €78,550 | €78,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,368 | -€77,258 | -€67,890 | -724.7% |
| Amounts payable | 17/49 | €968,428 | €721,427 | -€247,001 | -25.5% |
| Amounts payable within one year | 42/48 | €957,689 | €712,711 | -€244,978 | -25.6% |
| Trade debts | 44 | €796,369 | €552,327 | -€244,042 | -30.6% |
| Suppliers | 440/4 | €796,369 | €552,327 | -€244,042 | -30.6% |
| Taxes, remuneration and social security | 45 | €161,320 | €160,384 | -€936 | -0.6% |
| Taxes | 450/3 | €62,087 | €41,989 | -€20,098 | -32.4% |
| Remuneration and social security | 454/9 | €99,233 | €118,395 | +€19,162 | +19.3% |
| Accrued charges and deferred income | 492/3 | €10,739 | €8,716 | -€2,023 | -18.8% |
| Turnover | 70 | €749,805 | - | -€749,805 | |
| Goods, raw materials, services and sundry goods | 60/61 | €485,705 | - | -€485,705 | |
| Remuneration, social security and pensions | 62 | €967,049 | €917,756 | -€49,293 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,822 | €17,180 | +€6,358 | +58.8% |
| Other operating charges | 640/8 | €188 | €175 | -€13 | -6.9% |
| Non-recurring operating charges | 66A | €3,482 | €12,262 | +€8,780 | +252.2% |
| Gross operating margin | 9900 | €1,026,870 | €889,258 | -€137,612 | -13.4% |
| Operating profit (loss) | 9901 | €45,329 | -€58,115 | -€103,444 | |
| Financial income | 75/76B | - | €921 | +€921 | |
| Recurring financial income | 75 | - | €921 | +€921 | |
| Financial charges | 65/66B | €1,364 | €3,201 | +€1,837 | +134.7% |
| Recurring financial charges | 65 | €1,364 | €3,201 | +€1,837 | +134.7% |
| Profit (loss) for the period before taxes | 9903 | €43,965 | -€60,395 | -€104,360 | |
| Income taxes | 67/77 | €20,723 | €7,495 | -€13,228 | -63.8% |
| Profit (loss) for the period | 9904 | €23,242 | -€67,890 | -€91,132 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,242 | -€67,890 | -€91,132 |
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.