AVINET SAFETY: 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.
AVINET SAFETY
Largest movements
- Receivables within one year +€1.1m
up €1.1m (+977%), from €111,860 to €1.2m
of which Trade receivables: +€1.0m
- Cash -€687,035
down €687,035 (-86.4%), from €794,743 to €107,707
mainly Receivables within one year (-€1.1m) and Advances received (-€806,296)
- Tangible fixed assets -€18,117
down €18,117 (-15.6%), from €116,378 to €98,261
of which Other tangible fixed assets: -€13,933
- Trade debts +€1.2m
up €1.2m (+688%), from €171,914 to €1.4m
- Advances received -€806,296
down €806,296 (-99.9%), from €806,946 to €650
- Staff costs +€33,561
up €33,561 (+103%), from €32,484 to €66,045
- Financial charges +€10,116
up €10,116 (+131%), from €7,721 to €17,837
- Taxes -€8,052
down €8,052 (-79.0%), from €10,188 to €2,136
- Depreciation -€2,387
down €2,387 (-10.4%), from €22,898 to €20,511
- Financial income +€2,137
up €2,137 (+81.7%), from €2,616 to €4,754
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.
Derived cash bridge
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 | €1,197,735 | €1,575,932 | +€378,196 | +31.6% |
| Fixed assets | 21/28 | €116,428 | €98,311 | -€18,117 | -15.6% |
| Tangible fixed assets | 22/27 | €116,378 | €98,261 | -€18,117 | -15.6% |
| Plant, machinery and equipment | 23 | €15,646 | €12,954 | -€2,692 | -17.2% |
| Furniture and vehicles | 24 | €4,463 | €2,972 | -€1,492 | -33.4% |
| Other tangible fixed assets | 26 | €96,269 | €82,336 | -€13,933 | -14.5% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €1,081,307 | €1,477,620 | +€396,313 | +36.7% |
| Stocks and contracts in progress | 3 | €174,359 | €165,235 | -€9,124 | -5.2% |
| Stocks | 30/36 | €174,359 | €165,235 | -€9,124 | -5.2% |
| Amounts receivable within one year | 40/41 | €111,860 | €1,204,678 | +€1.1m | +977% |
| Trade receivables | 40 | €111,849 | €1,127,316 | +€1.0m | +908% |
| Other amounts receivable | 41 | €11 | €77,362 | +€77,351 | +708,341% |
| Cash at bank and in hand | 54/58 | €794,743 | €107,707 | -€687,035 | -86.4% |
| Deferred charges and accrued income | 490/1 | €346 | - | -€346 | |
| Total equity and liabilities | 10/49 | €1,197,735 | €1,575,932 | +€378,196 | +31.6% |
| Equity | 10/15 | €188,752 | €196,106 | +€7,353 | +3.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €71,860 | €71,860 | = | 0.0% |
| Distributable reserves | 133 | €71,860 | €71,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98,292 | €105,646 | +€7,353 | +7.5% |
| Amounts payable | 17/49 | €1,008,983 | €1,379,826 | +€370,843 | +36.8% |
| Amounts payable within one year | 42/48 | €1,008,983 | €1,379,826 | +€370,843 | +36.8% |
| Financial debts | 43 | €2,500 | - | -€2,500 | |
| Credit institutions | 430/8 | €2,500 | - | -€2,500 | |
| Trade debts | 44 | €171,914 | €1,354,809 | +€1.2m | +688% |
| Suppliers | 440/4 | €171,914 | €1,354,809 | +€1.2m | +688% |
| Advances received on contracts in progress | 46 | €806,946 | €650 | -€806,296 | -99.9% |
| Taxes, remuneration and social security | 45 | €23,185 | €20,417 | -€2,768 | -11.9% |
| Taxes | 450/3 | €17,928 | €13,896 | -€4,032 | -22.5% |
| Remuneration and social security | 454/9 | €5,257 | €6,521 | +€1,264 | +24.0% |
| Other amounts payable | 47/48 | €4,438 | €3,950 | -€488 | -11.0% |
| Remuneration, social security and pensions | 62 | €32,484 | €66,045 | +€33,561 | +103% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,898 | €20,511 | -€2,387 | -10.4% |
| Other operating charges | 640/8 | €323 | €866 | +€543 | +168% |
| Gross operating margin | 9900 | €108,876 | €109,994 | +€1,117 | +1.0% |
| Operating profit (loss) | 9901 | €53,171 | €22,572 | -€30,599 | -57.5% |
| Financial income | 75/76B | €2,616 | €4,754 | +€2,137 | +81.7% |
| Recurring financial income | 75 | €2,616 | €4,754 | +€2,137 | +81.7% |
| Financial charges | 65/66B | €7,721 | €17,837 | +€10,116 | +131% |
| Recurring financial charges | 65 | €7,721 | €17,837 | +€10,116 | +131% |
| Profit (loss) for the period before taxes | 9903 | €48,067 | €9,489 | -€38,578 | -80.3% |
| Income taxes | 67/77 | €10,188 | €2,136 | -€8,052 | -79.0% |
| Profit (loss) for the period | 9904 | €37,879 | €7,353 | -€30,526 | -80.6% |
| Profit (loss) for the period to be appropriated | 9905 | €37,879 | €7,353 | -€30,526 | -80.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.