AVKO: 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.
AVKO
Largest movements
- Receivables within one year +€25,853
up €25,853 (+353.1%), from €7,322 to €33,175
- Cash -€6,114
down €6,114 (-57.4%), from €10,646 to €4,532
mainly Receivables within one year (-€25,853) and Tax, wage and social debts (-€2,876)
- Trade debts +€11,826
new in 2024: €11,826
- Profit (loss) carried forward +€10,404
up €10,404 (+95.7%), from €10,868 to €21,272
- Tax, wage and social debts -€2,876
down €2,876 (-73.3%), from €3,925 to €1,049
- Gross operating margin +€8,129
up €8,129 (+213.2%), from €3,813 to €11,942
- Taxes +€693
new in 2024: €693
- Other operating charges +€385
new in 2024: €385
- Financial charges +€240
new in 2024: €240
From the 2023 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,793 | €38,147 | +€19,354 | +103.0% |
| Fixed assets | 21/28 | €660 | €440 | -€220 | -33.3% |
| Tangible fixed assets | 22/27 | €660 | €440 | -€220 | -33.3% |
| Plant, machinery and equipment | 23 | €660 | €440 | -€220 | -33.3% |
| Current assets | 29/58 | €18,133 | €37,707 | +€19,574 | +107.9% |
| Stocks and contracts in progress | 3 | €165 | - | -€165 | |
| Stocks | 30/36 | €165 | - | -€165 | |
| Amounts receivable within one year | 40/41 | €7,322 | €33,175 | +€25,853 | +353.1% |
| Other amounts receivable | 41 | €7,322 | €33,175 | +€25,853 | +353.1% |
| Cash at bank and in hand | 54/58 | €10,646 | €4,532 | -€6,114 | -57.4% |
| Total equity and liabilities | 10/49 | €18,793 | €38,147 | +€19,354 | +103.0% |
| Equity | 10/15 | €14,868 | €25,272 | +€10,404 | +70.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,868 | €21,272 | +€10,404 | +95.7% |
| Amounts payable | 17/49 | €3,925 | €12,875 | +€8,950 | +228.0% |
| Amounts payable within one year | 42/48 | €3,925 | €12,875 | +€8,950 | +228.0% |
| Trade debts | 44 | - | €11,826 | +€11,826 | |
| Bills of exchange payable | 441 | - | €11,826 | +€11,826 | |
| Taxes, remuneration and social security | 45 | €3,925 | €1,049 | -€2,876 | -73.3% |
| Taxes | 450/3 | €3,925 | €1,049 | -€2,876 | -73.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €220 | €220 | = | 0.0% |
| Other operating charges | 640/8 | - | €385 | +€385 | |
| Gross operating margin | 9900 | €3,813 | €11,942 | +€8,129 | +213.2% |
| Operating profit (loss) | 9901 | €3,593 | €11,337 | +€7,744 | +215.5% |
| Financial charges | 65/66B | - | €240 | +€240 | |
| Recurring financial charges | 65 | - | €240 | +€240 | |
| Profit (loss) for the period before taxes | 9903 | €3,593 | €11,097 | +€7,504 | +208.9% |
| Income taxes | 67/77 | - | €693 | +€693 | |
| Profit (loss) for the period | 9904 | €3,593 | €10,404 | +€6,811 | +189.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,593 | €10,404 | +€6,811 | +189.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.