AVISIO: 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.
AVISIO
Largest movements
- Cash +€103,382
up €103,382 (+65.5%), from €157,855 to €261,237
mainly Net result for the year (+€103,678) and Tax, wage and social debts (+€33,479)
- Tangible fixed assets -€16,284
down €16,284 (-7.1%), from €230,826 to €214,542
of which Furniture and vehicles: -€9,569
- Receivables within one year +€7,749
up €7,749 (+21.1%), from €36,639 to €44,387
of which Trade receivables: +€12,765
- Reserves +€103,678
up €103,678 (+114.0%), from €90,975 to €194,652
of which Distributable reserves: +€103,678
- Tax, wage and social debts +€33,479
up €33,479 (+194.8%), from €17,187 to €50,666
of which Taxes: +€33,479
- Debts after one year -€20,647
down €20,647 (-47.2%), from €43,711 to €23,064
- Other debts -€18,536
down €18,536 (-16.1%), from €115,000 to €96,464
- Gross operating margin +€144,083
up €144,083 (+287.9%), from €50,050 to €194,133
- Taxes +€46,985
up €46,985 (+650.0%), from €7,229 to €54,214
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 | €428,360 | €522,424 | +€94,064 | +22.0% |
| Fixed assets | 21/28 | €230,826 | €214,542 | -€16,284 | -7.1% |
| Tangible fixed assets | 22/27 | €230,826 | €214,542 | -€16,284 | -7.1% |
| Land and buildings | 22 | €116,500 | €109,785 | -€6,715 | -5.8% |
| Furniture and vehicles | 24 | €34,924 | €25,355 | -€9,569 | -27.4% |
| Other tangible fixed assets | 26 | €79,403 | €79,403 | = | 0.0% |
| Current assets | 29/58 | €197,534 | €307,881 | +€110,348 | +55.9% |
| Amounts receivable within one year | 40/41 | €36,639 | €44,387 | +€7,749 | +21.1% |
| Trade receivables | 40 | €31,622 | €44,387 | +€12,765 | +40.4% |
| Other amounts receivable | 41 | €5,016 | €0 | -€5,016 | -100.0% |
| Cash at bank and in hand | 54/58 | €157,855 | €261,237 | +€103,382 | +65.5% |
| Deferred charges and accrued income | 490/1 | €3,040 | €2,257 | -€784 | -25.8% |
| Total equity and liabilities | 10/49 | €428,360 | €522,424 | +€94,064 | +22.0% |
| Equity | 10/15 | €222,954 | €326,632 | +€103,678 | +46.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €90,975 | €194,652 | +€103,678 | +114.0% |
| Tax-exempt reserves | 132 | €438 | €438 | = | 0.0% |
| Distributable reserves | 133 | €90,537 | €194,215 | +€103,678 | +114.5% |
| Profit (loss) carried forward | 14 | €111,980 | €111,980 | = | 0.0% |
| Amounts payable | 17/49 | €205,405 | €195,792 | -€9,614 | -4.7% |
| Amounts payable after more than one year | 17 | €43,711 | €23,064 | -€20,647 | -47.2% |
| Financial debts | 170/4 | €43,711 | €23,064 | -€20,647 | -47.2% |
| Amounts payable within one year | 42/48 | €161,695 | €172,727 | +€11,033 | +6.8% |
| Current portion of amounts payable after more than one year | 42 | €20,047 | €20,647 | +€599 | +3.0% |
| Financial debts | 43 | €875 | €0 | -€875 | -100.0% |
| Credit institutions | 430/8 | €875 | €0 | -€875 | -100.0% |
| Trade debts | 44 | €8,586 | €4,951 | -€3,635 | -42.3% |
| Suppliers | 440/4 | €8,586 | €4,951 | -€3,635 | -42.3% |
| Taxes, remuneration and social security | 45 | €17,187 | €50,666 | +€33,479 | +194.8% |
| Taxes | 450/3 | €17,187 | €50,666 | +€33,479 | +194.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €115,000 | €96,464 | -€18,536 | -16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,712 | €23,196 | -€515 | -2.2% |
| Other operating charges | 640/8 | €3,793 | €4,622 | +€829 | +21.9% |
| Gross operating margin | 9900 | €50,050 | €194,133 | +€144,083 | +287.9% |
| Operating profit (loss) | 9901 | €22,545 | €166,314 | +€143,769 | +637.7% |
| Financial income | 75/76B | €1,348 | €936 | -€412 | -30.6% |
| Recurring financial income | 75 | €1,348 | €936 | -€412 | -30.6% |
| Financial charges | 65/66B | €7,554 | €9,359 | +€1,805 | +23.9% |
| Recurring financial charges | 65 | €7,554 | €9,359 | +€1,805 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | €16,339 | €157,892 | +€141,553 | +866.4% |
| Income taxes | 67/77 | €7,229 | €54,214 | +€46,985 | +650.0% |
| Profit (loss) for the period | 9904 | €9,110 | €103,678 | +€94,567 | +1038.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,110 | €103,678 | +€94,567 | +1038.0% |
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 12 October 2026 via checked.be.