AVINUM: 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.
What changed
AVINUM
NACE 46.349, Wholesale of beverages, general range
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€1,120
2024 · -€9,578+€8,458
Equity
€454,771
2024 · €457,401-€2,630
Cash
€118,479
2024 · €218,775-€100,296
Balance sheet total
€4.5m
2024 · €5.2m-€661,116
Largest movements
Assets
- Stocks and contracts -€360,673
down €360,673 (-13.5%), from €2.7m to €2.3m
- Receivables within one year -€193,143
down €193,143 (-9.0%), from €2.2m to €2.0m
of which Trade receivables: -€177,390
- Cash -€100,296
down €100,296 (-45.8%), from €218,775 to €118,479
mainly Trade debts (-€355,125) and Short-term financial debts (-€214,716)
Equity and liabilities
- Trade debts -€355,125
down €355,125 (-9.9%), from €3.6m to €3.2m
- Short-term financial debts -€214,716
down €214,716 (-28.1%), from €764,716 to €550,000
- Advances received -€76,320
down €76,320 (-60.0%), from €127,264 to €50,944
Income statement
- Turnover -€334,430
down €334,430 (-3.1%), from €10.8m to €10.5m
- Goods and materials -€316,586
down €316,586 (-3.9%), from €8.2m to €7.9m
of which Purchases: -€676,500
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.
Result 2024
-€9,578
Turnover
-€334,430
Other operating income
-€9,179
Goods and materials
+€316,586
Services and other goods
+€48,749
Staff costs
-€18,268
Depreciation
-€4,253
Write-downs
+€16,715
Other operating charges
-€19,079
Other operating items
+€350
Financial income
+€1,284
Financial charges
+€13,186
Taxes
-€3,203
Result 2025
-€1,120
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.
From operations
+€146,348
Investment
-€16,995
Financing
-€229,649
Cash 2024
€218,775
From operations (derived)
+€146,348
Net result for the year
-€1,120
Depreciation
+€23,279
Stocks and contracts
+€360,673
Receivables within one year
+€193,143
Deferred charges and accrued income
+€720
Trade debts
-€355,125
Tax, wage and social debts
+€21,014
Advances received
-€76,320
Accrued charges and deferred income
-€19,916
Investment (derived)
-€16,995
Investment in fixed assets (net)
-€16,995
Financing
-€229,649
Debts after one year
-€9,957
Current portion of long-term debt
-€3,466
Short-term financial debts
-€214,716
Contributions, distributions and other
-€1,510
Cash 2025
€118,479
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,168,850 | €4,507,734 | -€661,116 | -12.8% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €76,632 | €70,348 | -€6,284 | -8.2% |
| Intangible fixed assets | 21 | €6,573 | €9,588 | +€3,015 | +45.9% |
| Tangible fixed assets | 22/27 | €69,932 | €50,633 | -€19,299 | -27.6% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €15,653 | €11,933 | -€3,720 | -23.8% |
| Furniture and vehicles | 24 | €54,279 | €38,700 | -€15,579 | -28.7% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €127 | €10,127 | +€10,000 | +7874.0% |
| Other financial fixed assets | 284/8 | €127 | €10,127 | +€10,000 | +7874.0% |
| Shares | 284 | - | €10,000 | +€10,000 | |
| Amounts receivable and cash guarantees | 285/8 | €127 | €127 | = | 0.0% |
| Current assets | 29/58 | €5,092,218 | €4,437,386 | -€654,832 | -12.9% |
| Stocks and contracts in progress | 3 | €2,678,053 | €2,317,380 | -€360,673 | -13.5% |
| Stocks | 30/36 | €2,678,053 | €2,317,380 | -€360,673 | -13.5% |
| Goods purchased for resale | 34 | €2,471,325 | €2,183,577 | -€287,748 | -11.6% |
| Advance payments | 36 | €206,728 | €133,803 | -€72,925 | -35.3% |
| Amounts receivable within one year | 40/41 | €2,155,700 | €1,962,557 | -€193,143 | -9.0% |
| Trade receivables | 40 | €2,062,803 | €1,885,413 | -€177,390 | -8.6% |
| Other amounts receivable | 41 | €92,897 | €77,144 | -€15,753 | -17.0% |
| Cash at bank and in hand | 54/58 | €218,775 | €118,479 | -€100,296 | -45.8% |
| Deferred charges and accrued income | 490/1 | €39,690 | €38,970 | -€720 | -1.8% |
| Total equity and liabilities | 10/49 | €5,168,850 | €4,507,734 | -€661,116 | -12.8% |
| Equity | 10/15 | €457,401 | €454,771 | -€2,630 | -0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €434,266 | €433,146 | -€1,120 | -0.3% |
| Investment grants | 15 | €2,675 | €1,165 | -€1,510 | -56.4% |
| Amounts payable | 17/49 | €4,711,449 | €4,052,963 | -€658,486 | -14.0% |
| Amounts payable after more than one year | 17 | €30,553 | €20,596 | -€9,957 | -32.6% |
| Financial debts | 170/4 | €30,553 | €20,596 | -€9,957 | -32.6% |
| Credit institutions | 173 | €30,553 | €20,596 | -€9,957 | -32.6% |
| Amounts payable within one year | 42/48 | €4,656,795 | €4,028,182 | -€628,613 | -13.5% |
| Current portion of amounts payable after more than one year | 42 | €13,423 | €9,957 | -€3,466 | -25.8% |
| Financial debts | 43 | €764,716 | €550,000 | -€214,716 | -28.1% |
| Credit institutions | 430/8 | €764,716 | €550,000 | -€214,716 | -28.1% |
| Trade debts | 44 | €3,574,309 | €3,219,184 | -€355,125 | -9.9% |
| Suppliers | 440/4 | €3,574,309 | €3,219,184 | -€355,125 | -9.9% |
| Advances received on contracts in progress | 46 | €127,264 | €50,944 | -€76,320 | -60.0% |
| Taxes, remuneration and social security | 45 | €177,083 | €198,097 | +€21,014 | +11.9% |
| Taxes | 450/3 | €119,254 | €141,603 | +€22,349 | +18.7% |
| Remuneration and social security | 454/9 | €57,829 | €56,494 | -€1,335 | -2.3% |
| Accrued charges and deferred income | 492/3 | €24,101 | €4,185 | -€19,916 | -82.6% |
| Operating income | 70/76A | €10,906,690 | €10,563,053 | -€343,637 | -3.2% |
| Turnover | 70 | €10,802,922 | €10,468,492 | -€334,430 | -3.1% |
| Other operating income | 74 | €103,703 | €94,524 | -€9,179 | -8.9% |
| Non-recurring operating income | 76A | €65 | €37 | -€28 | -43.1% |
| Operating charges | 60/66A | €10,863,159 | €10,522,331 | -€340,828 | -3.1% |
| Goods for resale, raw materials and consumables | 60 | €8,206,116 | €7,889,530 | -€316,586 | -3.9% |
| Purchases | 600/8 | €8,278,283 | €7,601,783 | -€676,500 | -8.2% |
| Change in stocks: decrease (increase) | 609 | -€72,167 | €287,747 | +€359,914 | |
| Services and other goods | 61 | €1,820,858 | €1,772,109 | -€48,749 | -2.7% |
| Remuneration, social security and pensions | 62 | €741,571 | €759,839 | +€18,268 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,026 | €23,279 | +€4,253 | +22.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €26,488 | €9,773 | -€16,715 | -63.1% |
| Other operating charges | 640/8 | €47,900 | €66,979 | +€19,079 | +39.8% |
| Non-recurring operating charges | 66A | €1,200 | €822 | -€378 | -31.5% |
| Operating profit (loss) | 9901 | €43,531 | €40,722 | -€2,809 | -6.5% |
| Financial income | 75/76B | €5,771 | €7,055 | +€1,284 | +22.2% |
| Recurring financial income | 75 | €5,771 | €7,055 | +€1,284 | +22.2% |
| Income from financial fixed assets | 750 | €2,287 | €2,418 | +€131 | +5.7% |
| Other financial income | 752/9 | €3,484 | €4,637 | +€1,153 | +33.1% |
| Financial charges | 65/66B | €53,516 | €40,330 | -€13,186 | -24.6% |
| Recurring financial charges | 65 | €53,516 | €40,330 | -€13,186 | -24.6% |
| Debt charges | 650 | €43,950 | €33,093 | -€10,857 | -24.7% |
| Other financial charges | 652/9 | €9,566 | €7,237 | -€2,329 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,214 | €7,447 | +€11,661 | |
| Income taxes | 67/77 | €5,364 | €8,567 | +€3,203 | +59.7% |
| Taxes | 670/3 | €5,400 | €8,580 | +€3,180 | +58.9% |
| Tax adjustments and reversals of tax provisions | 77 | €36 | €13 | -€23 | -63.9% |
| Profit (loss) for the period | 9904 | -€9,578 | -€1,120 | +€8,458 | +88.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,578 | -€1,120 | +€8,458 | +88.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.