AVJ: 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.
AVJ
Largest movements
- Receivables within one year -€29,077
down €29,077 (-86.7%), from €33,544 to €4,467
of which Trade receivables: -€23,274
- Cash -€2,507
down €2,507 (-96.3%), from €2,603 to €96
mainly Net result for the year (-€35,467) and Tax, wage and social debts (-€12,745)
- Tangible fixed assets -€2,495
down €2,495 (-47.3%), from €5,270 to €2,775
- Profit (loss) carried forward -€35,467
down €35,467, from €2,549 to -€32,918
- Trade debts +€15,730
up €15,730 (+269.6%), from €5,834 to €21,564
- Tax, wage and social debts -€12,745
down €12,745 (-77.3%), from €16,479 to €3,734
of which Taxes: -€10,745
- Other debts -€4,500
no longer reported in 2025 (was €4,500)
- Advances received +€2,902
up €2,902 (+71.1%), from €4,082 to €6,984
- Gross operating margin -€14,499
down €14,499 (-88.4%), from -€16,408 to -€30,907
- Financial income -€1,274
down €1,274 (-100.0%), from €1,274 to €0
- Other operating charges -€620
down €620 (-54.9%), from €1,129 to €509
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 | €41,504 | €7,425 | -€34,080 | -82.1% |
| Fixed assets | 21/28 | €5,358 | €2,863 | -€2,495 | -46.6% |
| Tangible fixed assets | 22/27 | €5,270 | €2,775 | -€2,495 | -47.3% |
| Furniture and vehicles | 24 | €5,270 | €2,775 | -€2,495 | -47.3% |
| Financial fixed assets | 28 | €88 | €88 | = | 0.0% |
| Current assets | 29/58 | €36,147 | €4,562 | -€31,584 | -87.4% |
| Amounts receivable within one year | 40/41 | €33,544 | €4,467 | -€29,077 | -86.7% |
| Trade receivables | 40 | €23,274 | - | -€23,274 | |
| Other amounts receivable | 41 | €10,270 | €4,467 | -€5,803 | -56.5% |
| Cash at bank and in hand | 54/58 | €2,603 | €96 | -€2,507 | -96.3% |
| Total equity and liabilities | 10/49 | €41,504 | €7,425 | -€34,080 | -82.1% |
| Equity | 10/15 | €10,609 | -€24,858 | -€35,467 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,549 | -€32,918 | -€35,467 | |
| Amounts payable | 17/49 | €30,896 | €32,283 | +€1,388 | +4.5% |
| Amounts payable within one year | 42/48 | €30,896 | €32,283 | +€1,388 | +4.5% |
| Trade debts | 44 | €5,834 | €21,564 | +€15,730 | +269.6% |
| Suppliers | 440/4 | €5,834 | €21,564 | +€15,730 | +269.6% |
| Advances received on contracts in progress | 46 | €4,082 | €6,984 | +€2,902 | +71.1% |
| Taxes, remuneration and social security | 45 | €16,479 | €3,734 | -€12,745 | -77.3% |
| Taxes | 450/3 | €14,479 | €3,734 | -€10,745 | -74.2% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €4,500 | - | -€4,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,566 | €2,495 | -€71 | -2.8% |
| Other operating charges | 640/8 | €1,129 | €509 | -€620 | -54.9% |
| Gross operating margin | 9900 | -€16,408 | -€30,907 | -€14,499 | -88.4% |
| Operating profit (loss) | 9901 | -€20,104 | -€33,911 | -€13,807 | -68.7% |
| Financial income | 75/76B | €1,274 | €0 | -€1,274 | -100.0% |
| Recurring financial income | 75 | €1,274 | €0 | -€1,274 | -100.0% |
| Financial charges | 65/66B | €1,001 | €1,095 | +€94 | +9.4% |
| Recurring financial charges | 65 | €1,001 | €1,095 | +€94 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | -€19,831 | -€35,006 | -€15,176 | -76.5% |
| Income taxes | 67/77 | €662 | €461 | -€201 | -30.4% |
| Profit (loss) for the period | 9904 | -€20,492 | -€35,467 | -€14,975 | -73.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,492 | -€35,467 | -€14,975 | -73.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.