AVJ PLURIEL: 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.
AVJ PLURIEL
Largest movements
- Cash -€152,725
down €152,725 (-10.2%), from €1.5m to €1.3m
- Deferred charges and accrued income +€114,352
up €114,352 (+392%), from €29,179 to €143,531
- Receivables within one year -€60,826
down €60,826 (-98.3%), from €61,883 to €1,058
of which Other amounts receivable: -€60,000
- Tangible fixed assets -€56,061
down €56,061 (-33.3%), from €168,373 to €112,312
of which Plant, machinery and equipment: -€79,150
- Accrued charges and deferred income -€940,382
down €940,382 (-80.5%), from €1.2m to €227,785
- Debts within one year +€666,349
up €666,349 (+161%), from €414,897 to €1.1m
- Profit (loss) carried forward +€142,773
up €142,773 (+115%), from €124,000 to €266,773
- Investment grants -€24,000
down €24,000 (-51.4%), from €46,726 to €22,726
- Gross operating margin +€1.4m
up €1.4m (+47.9%), from €2.9m to €4.2m
- Other operating charges +€701,765
up €701,765 (+218,435%), from €321 to €702,086
- Staff costs +€611,335
up €611,335 (+22.0%), from €2.8m to €3.4m
From the 2022 result to the 2024 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.
Derived cash bridge
A cash bridge needs two consecutive financial 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 | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,753,790 | €1,598,530 | -€155,259 | -8.9% |
| Fixed assets | 21/28 | €168,373 | €112,312 | -€56,061 | -33.3% |
| Tangible fixed assets | 22/27 | €168,373 | €112,312 | -€56,061 | -33.3% |
| Plant, machinery and equipment | 23 | €165,430 | €86,280 | -€79,150 | -47.8% |
| Furniture and vehicles | 24 | €2,943 | €26,033 | +€23,089 | +784% |
| Current assets | 29/58 | €1,585,416 | €1,486,218 | -€99,198 | -6.3% |
| Amounts receivable within one year | 40/41 | €61,883 | €1,058 | -€60,826 | -98.3% |
| Trade receivables | 40 | €1,883 | €1,058 | -€826 | -43.8% |
| Other amounts receivable | 41 | €60,000 | - | -€60,000 | |
| Cash at bank and in hand | 54/58 | €1,494,354 | €1,341,629 | -€152,725 | -10.2% |
| Deferred charges and accrued income | 490/1 | €29,179 | €143,531 | +€114,352 | +392% |
| Total equity and liabilities | 10/49 | €1,753,790 | €1,598,530 | -€155,259 | -8.9% |
| Equity | 10/15 | €170,726 | €289,499 | +€118,773 | +69.6% |
| Profit (loss) carried forward | 14 | €124,000 | €266,773 | +€142,773 | +115% |
| Investment grants | 15 | €46,726 | €22,726 | -€24,000 | -51.4% |
| Amounts payable | 17/49 | €1,583,064 | €1,309,031 | -€274,033 | -17.3% |
| Amounts payable within one year | 42/48 | €414,897 | €1,081,246 | +€666,349 | +161% |
| Trade debts | 44 | €133,856 | €24,086 | -€109,770 | -82.0% |
| Suppliers | 440/4 | €133,856 | €24,086 | -€109,770 | -82.0% |
| Taxes, remuneration and social security | 45 | €281,041 | €356,310 | +€75,270 | +26.8% |
| Remuneration and social security | 454/9 | €281,041 | €356,310 | +€75,270 | +26.8% |
| Accrued charges and deferred income | 492/3 | €1,168,167 | €227,785 | -€940,382 | -80.5% |
| Non-recurring operating income | 76A | - | €1,800 | +€1,800 | |
| Remuneration, social security and pensions | 62 | €2,774,771 | €3,386,106 | +€611,335 | +22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,262 | €47,295 | +€10,033 | +26.9% |
| Other operating charges | 640/8 | €321 | €702,086 | +€701,765 | +218,435% |
| Non-recurring operating charges | 66A | €1,753 | €516 | -€1,237 | -70.6% |
| Gross operating margin | 9900 | €2,874,364 | €4,249,901 | +€1.4m | +47.9% |
| Operating profit (loss) | 9901 | €60,257 | €113,897 | +€53,640 | +89.0% |
| Financial income | 75/76B | €13,275 | €12,256 | -€1,019 | -7.7% |
| Recurring financial income | 75 | €13,275 | €12,256 | -€1,019 | -7.7% |
| Financial charges | 65/66B | €2,636 | €1,202 | -€1,434 | -54.4% |
| Recurring financial charges | 65 | €2,636 | €1,202 | -€1,434 | -54.4% |
| Profit (loss) for the period before taxes | 9903 | €70,896 | €124,951 | +€54,055 | +76.2% |
| Profit (loss) for the period | 9904 | €70,896 | €124,951 | +€54,055 | +76.2% |
| Profit (loss) for the period to be appropriated | 9905 | €70,896 | €124,951 | +€54,055 | +76.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.