AVL ASSURANCES: 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.
AVL ASSURANCES
Largest movements
- Receivables within one year -€43,080
down €43,080 (-53.3%), from €80,899 to €37,819
of which Trade receivables: -€46,000
- Reserves +€60,000
up €60,000 (+18.6%), from €322,505 to €382,505
of which Distributable reserves: +€60,000
- Debts after one year -€58,633
down €58,633 (-31.6%), from €185,427 to €126,794
- Advances received -€49,000
no longer reported in 2024 (was €49,000)
- Tax, wage and social debts +€6,880
up €6,880 (+114%), from €6,057 to €12,937
- Financial charges -€1,206
down €1,206 (-15.5%), from €7,792 to €6,586
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.
Derived cash bridge
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 | €646,194 | €601,492 | -€44,702 | -6.9% |
| Fixed assets | 21/28 | €559,830 | €558,699 | -€1,131 | -0.2% |
| Tangible fixed assets | 22/27 | €4,805 | €3,674 | -€1,131 | -23.5% |
| Other tangible fixed assets | 26 | €4,805 | €3,674 | -€1,131 | -23.5% |
| Financial fixed assets | 28 | €555,025 | €555,025 | = | 0.0% |
| Current assets | 29/58 | €86,364 | €42,793 | -€43,571 | -50.5% |
| Amounts receivable within one year | 40/41 | €80,899 | €37,819 | -€43,080 | -53.3% |
| Trade receivables | 40 | €69,400 | €23,400 | -€46,000 | -66.3% |
| Other amounts receivable | 41 | €11,499 | €14,419 | +€2,920 | +25.4% |
| Cash at bank and in hand | 54/58 | €5,243 | €4,945 | -€298 | -5.7% |
| Deferred charges and accrued income | 490/1 | €222 | €29 | -€193 | -86.9% |
| Total equity and liabilities | 10/49 | €646,194 | €601,492 | -€44,702 | -6.9% |
| Equity | 10/15 | €330,165 | €390,329 | +€60,164 | +18.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €322,505 | €382,505 | +€60,000 | +18.6% |
| Non-distributable reserves | 130/1 | €2,505 | €2,505 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,505 | €2,505 | = | 0.0% |
| Distributable reserves | 133 | €320,000 | €380,000 | +€60,000 | +18.8% |
| Profit (loss) carried forward | 14 | €1,460 | €1,624 | +€164 | +11.2% |
| Amounts payable | 17/49 | €316,029 | €211,163 | -€104,866 | -33.2% |
| Amounts payable after more than one year | 17 | €185,427 | €126,794 | -€58,633 | -31.6% |
| Financial debts | 170/4 | €185,427 | €126,794 | -€58,633 | -31.6% |
| Amounts payable within one year | 42/48 | €124,312 | €79,112 | -€45,200 | -36.4% |
| Current portion of amounts payable after more than one year | 42 | €59,200 | €58,633 | -€567 | -1.0% |
| Financial debts | 43 | €3,564 | €3,565 | +€2 | 0.0% |
| Credit institutions | 430/8 | €3,564 | €3,565 | +€2 | 0.0% |
| Trade debts | 44 | €6,492 | €3,976 | -€2,515 | -38.7% |
| Suppliers | 440/4 | €6,492 | €3,976 | -€2,515 | -38.7% |
| Advances received on contracts in progress | 46 | €49,000 | - | -€49,000 | |
| Taxes, remuneration and social security | 45 | €6,057 | €12,937 | +€6,880 | +114% |
| Taxes | 450/3 | €6,057 | €12,937 | +€6,880 | +114% |
| Accrued charges and deferred income | 492/3 | €6,290 | €5,258 | -€1,033 | -16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €848 | €1,131 | +€282 | +33.3% |
| Other operating charges | 640/8 | €348 | €427 | +€80 | +23.0% |
| Gross operating margin | 9900 | €85,116 | €85,208 | +€92 | +0.1% |
| Operating profit (loss) | 9901 | €83,920 | €83,650 | -€270 | -0.3% |
| Financial income | 75/76B | €9 | €11 | +€2 | +19.8% |
| Recurring financial income | 75 | €9 | €11 | +€2 | +19.8% |
| Financial charges | 65/66B | €7,792 | €6,586 | -€1,206 | -15.5% |
| Recurring financial charges | 65 | €7,792 | €6,586 | -€1,206 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €76,137 | €77,075 | +€938 | +1.2% |
| Income taxes | 67/77 | €16,604 | €16,911 | +€307 | +1.8% |
| Profit (loss) for the period | 9904 | €59,533 | €60,164 | +€631 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €59,533 | €60,164 | +€631 | +1.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.