AVINO: 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.
AVINO
Largest movements
- Receivables within one year +€6,266
up €6,266 (+614%), from €1,021 to €7,287
of which Trade receivables: +€3,880
- Stocks and contracts -€4,388
down €4,388 (-13.7%), from €31,954 to €27,565
- Tangible fixed assets -€3,935
down €3,935 (-33.3%), from €11,806 to €7,871
- Cash +€1,682
up €1,682 (+34.6%), from €4,867 to €6,549
mainly Net result for the year (+€15,013) and Stocks and contracts (+€4,388)
- Other debts -€17,558
down €17,558 (-52.5%), from €33,448 to €15,891
- Reserves +€12,661
new in 2025: €12,661
- Accrued charges and deferred income +€2,619
new in 2025: €2,619
- Profit (loss) carried forward +€2,352
no longer reported in 2025 (was -€2,352)
- Tax, wage and social debts -€1,375
down €1,375 (-22.2%), from €6,185 to €4,809
- Gross operating margin +€13,562
up €13,562 (+96.4%), from €14,065 to €27,628
- Taxes +€3,777
up €3,777 (+133%), from €2,842 to €6,619
- Other operating charges -€949
down €949 (-54.0%), from €1,756 to €808
- Financial charges +€712
up €712 (+583%), from €122 to €834
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 | €51,360 | €50,557 | -€803 | -1.6% |
| Fixed assets | 21/28 | €12,587 | €8,229 | -€4,358 | -34.6% |
| Intangible fixed assets | 21 | €780 | €358 | -€423 | -54.2% |
| Tangible fixed assets | 22/27 | €11,806 | €7,871 | -€3,935 | -33.3% |
| Furniture and vehicles | 24 | €11,806 | €7,871 | -€3,935 | -33.3% |
| Current assets | 29/58 | €38,773 | €42,328 | +€3,555 | +9.2% |
| Stocks and contracts in progress | 3 | €31,954 | €27,565 | -€4,388 | -13.7% |
| Stocks | 30/36 | €31,954 | €27,565 | -€4,388 | -13.7% |
| Amounts receivable within one year | 40/41 | €1,021 | €7,287 | +€6,266 | +614% |
| Trade receivables | 40 | €894 | €4,774 | +€3,880 | +434% |
| Other amounts receivable | 41 | €127 | €2,513 | +€2,386 | +1,883% |
| Cash at bank and in hand | 54/58 | €4,867 | €6,549 | +€1,682 | +34.6% |
| Deferred charges and accrued income | 490/1 | €931 | €926 | -€5 | -0.5% |
| Total equity and liabilities | 10/49 | €51,360 | €50,557 | -€803 | -1.6% |
| Equity | 10/15 | €10,048 | €25,061 | +€15,013 | +149% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | - | €12,661 | +€12,661 | |
| Distributable reserves | 133 | - | €12,661 | +€12,661 | |
| Profit (loss) carried forward | 14 | -€2,352 | - | +€2,352 | |
| Amounts payable | 17/49 | €41,312 | €25,496 | -€15,816 | -38.3% |
| Amounts payable within one year | 42/48 | €41,312 | €22,877 | -€18,435 | -44.6% |
| Trade debts | 44 | €1,679 | €2,177 | +€498 | +29.7% |
| Suppliers | 440/4 | €1,679 | €2,177 | +€498 | +29.7% |
| Taxes, remuneration and social security | 45 | €6,185 | €4,809 | -€1,375 | -22.2% |
| Taxes | 450/3 | €6,185 | €4,809 | -€1,375 | -22.2% |
| Other amounts payable | 47/48 | €33,448 | €15,891 | -€17,558 | -52.5% |
| Accrued charges and deferred income | 492/3 | - | €2,619 | +€2,619 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,358 | €4,358 | = | 0.0% |
| Other operating charges | 640/8 | €1,756 | €808 | -€949 | -54.0% |
| Gross operating margin | 9900 | €14,065 | €27,628 | +€13,562 | +96.4% |
| Operating profit (loss) | 9901 | €7,951 | €22,462 | +€14,511 | +183% |
| Financial income | 75/76B | €6 | €4 | -€2 | -39.8% |
| Recurring financial income | 75 | €6 | €4 | -€2 | -39.8% |
| Financial charges | 65/66B | €122 | €834 | +€712 | +583% |
| Recurring financial charges | 65 | €122 | €834 | +€712 | +583% |
| Profit (loss) for the period before taxes | 9903 | €7,835 | €21,632 | +€13,797 | +176% |
| Income taxes | 67/77 | €2,842 | €6,619 | +€3,777 | +133% |
| Profit (loss) for the period | 9904 | €4,993 | €15,013 | +€10,020 | +201% |
| Profit (loss) for the period to be appropriated | 9905 | €4,993 | €15,013 | +€10,020 | +201% |
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 27 October 2026 via checked.be.