AVIZO: 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.
AVIZO
Largest movements
- Receivables within one year -€26,058
no longer reported in 2025 (was €26,058)
- Receivables after one year +€19,898
new in 2025: €19,898
- Tangible fixed assets -€5,844
down €5,844 (-88.9%), from €6,575 to €731
- Other debts -€41,368
no longer reported in 2025 (was €41,368)
- Profit (loss) carried forward +€35,671
up €35,671 (+72.0%), from -€49,549 to -€13,878
- Trade debts -€3,824
down €3,824 (-98.9%), from €3,866 to €42
- Tax, wage and social debts -€2,414
down €2,414 (-33.9%), from €7,119 to €4,705
- Gross operating margin +€48,895
up €48,895 (+768.9%), from €6,359 to €55,254
- Other operating charges +€9,704
up €9,704 (+6611.9%), from €147 to €9,851
- Taxes +€5,541
new in 2025: €5,541
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,633 | €20,629 | -€12,004 | -36.8% |
| Fixed assets | 21/28 | €6,575 | €731 | -€5,844 | -88.9% |
| Tangible fixed assets | 22/27 | €6,575 | €731 | -€5,844 | -88.9% |
| Furniture and vehicles | 24 | €6,575 | €731 | -€5,844 | -88.9% |
| Current assets | 29/58 | €26,058 | €19,898 | -€6,160 | -23.6% |
| Amounts receivable after more than one year | 29 | - | €19,898 | +€19,898 | |
| Other amounts receivable | 291 | - | €19,898 | +€19,898 | |
| Amounts receivable within one year | 40/41 | €26,058 | - | -€26,058 | |
| Trade receivables | 40 | €26,058 | - | -€26,058 | |
| Total equity and liabilities | 10/49 | €32,633 | €20,629 | -€12,004 | -36.8% |
| Equity | 10/15 | -€30,949 | €4,722 | +€35,671 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | -€49,549 | -€13,878 | +€35,671 | +72.0% |
| Amounts payable | 17/49 | €63,582 | €15,907 | -€47,675 | -75.0% |
| Amounts payable within one year | 42/48 | €59,316 | €11,737 | -€47,579 | -80.2% |
| Financial debts | 43 | €6,963 | €6,990 | +€27 | +0.4% |
| Credit institutions | 430/8 | €6,963 | €6,990 | +€27 | +0.4% |
| Trade debts | 44 | €3,866 | €42 | -€3,824 | -98.9% |
| Suppliers | 440/4 | €3,866 | €42 | -€3,824 | -98.9% |
| Taxes, remuneration and social security | 45 | €7,119 | €4,705 | -€2,414 | -33.9% |
| Taxes | 450/3 | €7,119 | €4,705 | -€2,414 | -33.9% |
| Other amounts payable | 47/48 | €41,368 | - | -€41,368 | |
| Accrued charges and deferred income | 492/3 | €4,266 | €4,170 | -€96 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,922 | €2,922 | -€0 | 0.0% |
| Other operating charges | 640/8 | €147 | €9,851 | +€9,704 | +6611.9% |
| Gross operating margin | 9900 | €6,359 | €55,254 | +€48,895 | +768.9% |
| Operating profit (loss) | 9901 | €3,290 | €42,481 | +€39,191 | +1191.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €5,107 | €4,816 | -€291 | -5.7% |
| Recurring financial charges | 65 | €3,607 | €4,816 | +€1,209 | +33.5% |
| Non-recurring financial charges | 66B | €1,500 | - | -€1,500 | |
| Profit (loss) for the period before taxes | 9903 | -€1,817 | €37,665 | +€39,482 | |
| Income taxes | 67/77 | - | €5,541 | +€5,541 | |
| Profit (loss) for the period | 9904 | -€1,817 | €32,124 | +€33,941 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,817 | €32,124 | +€33,941 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.