AVISODES: 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.
AVISODES
Largest movements
- Cash -€11,470
down €11,470 (-87.6%), from €13,087 to €1,617
mainly Net result for the year (-€11,830) and Receivables within one year (-€2,270)
- Tangible fixed assets -€3,007
down €3,007 (-53.5%), from €5,623 to €2,616
of which Other tangible fixed assets: -€1,764
- Receivables within one year +€2,270
up €2,270 (+179.7%), from €1,264 to €3,534
of which Trade receivables: +€1,762
- Profit (loss) carried forward -€11,830
down €11,830 (-15.3%), from -€77,186 to -€89,016
- Other debts -€462
no longer reported in 2025 (was €462)
- Gross operating margin +€7,653
up €7,653 (+61.5%), from -€12,437 to -€4,784
- Depreciation -€3,487
down €3,487 (-53.7%), from €6,494 to €3,007
- Other operating charges +€322
up €322 (+9.1%), from €3,532 to €3,854
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 | €20,020 | €7,767 | -€12,253 | -61.2% |
| Fixed assets | 21/28 | €5,623 | €2,616 | -€3,007 | -53.5% |
| Tangible fixed assets | 22/27 | €5,623 | €2,616 | -€3,007 | -53.5% |
| Plant, machinery and equipment | 23 | €3,386 | €2,142 | -€1,243 | -36.7% |
| Other tangible fixed assets | 26 | €2,237 | €473 | -€1,764 | -78.8% |
| Current assets | 29/58 | €14,397 | €5,151 | -€9,246 | -64.2% |
| Amounts receivable within one year | 40/41 | €1,264 | €3,534 | +€2,270 | +179.7% |
| Trade receivables | 40 | €0 | €1,762 | +€1,762 | |
| Other amounts receivable | 41 | €1,264 | €1,772 | +€508 | +40.2% |
| Current investments | 50/53 | €46 | - | -€46 | |
| Cash at bank and in hand | 54/58 | €13,087 | €1,617 | -€11,470 | -87.6% |
| Total equity and liabilities | 10/49 | €20,020 | €7,767 | -€12,253 | -61.2% |
| Equity | 10/15 | €19,409 | €7,579 | -€11,830 | -60.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €84,195 | €84,195 | = | 0.0% |
| Distributable reserves | 133 | €84,195 | €84,195 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,186 | -€89,016 | -€11,830 | -15.3% |
| Amounts payable | 17/49 | €611 | €188 | -€423 | -69.3% |
| Amounts payable within one year | 42/48 | €611 | €188 | -€423 | -69.3% |
| Trade debts | 44 | €149 | €188 | +€39 | +26.1% |
| Suppliers | 440/4 | €149 | €188 | +€39 | +26.1% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €462 | - | -€462 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,494 | €3,007 | -€3,487 | -53.7% |
| Other operating charges | 640/8 | €3,532 | €3,854 | +€322 | +9.1% |
| Gross operating margin | 9900 | -€12,437 | -€4,784 | +€7,653 | +61.5% |
| Operating profit (loss) | 9901 | -€22,463 | -€11,645 | +€10,818 | +48.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -4.2% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -4.2% |
| Financial charges | 65/66B | €104 | €100 | -€4 | -3.7% |
| Recurring financial charges | 65 | €104 | €100 | -€4 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | -€22,566 | -€11,745 | +€10,822 | +48.0% |
| Income taxes | 67/77 | €77 | €85 | +€8 | +10.0% |
| Profit (loss) for the period | 9904 | -€22,643 | -€11,830 | +€10,814 | +47.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,643 | -€11,830 | +€10,814 | +47.8% |
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 12 October 2026 via checked.be.