AVL CONCEPT: 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.
AVL CONCEPT
Largest movements
- Cash +€137,714
up €137,714 (+173.6%), from €79,313 to €217,027
mainly Depreciation (+€129,391) and Other debts (+€128,129)
- Tangible fixed assets -€105,765
down €105,765 (-37.3%), from €283,178 to €177,413
of which Furniture and vehicles: -€104,605
- Receivables within one year +€14,688
up €14,688 (+240.1%), from €6,116 to €20,804
of which Trade receivables: +€14,754
- Other debts +€128,129
up €128,129 (+198.6%), from €64,508 to €192,638
- Debts after one year -€77,630
down €77,630 (-35.8%), from €216,962 to €139,332
- Trade debts -€9,458
down €9,458 (-87.2%), from €10,841 to €1,383
- Tax, wage and social debts +€6,494
up €6,494 (+117.3%), from €5,535 to €12,028
- Profit (loss) carried forward -€5,503
down €5,503 (-54.0%), from -€10,190 to -€15,693
- Depreciation +€30,110
up €30,110 (+30.3%), from €99,281 to €129,391
- Gross operating margin +€21,930
up €21,930 (+17.0%), from €128,715 to €150,646
- Other operating charges -€9,555
down €9,555 (-39.7%), from €24,070 to €14,516
- Financial charges +€3,545
up €3,545 (+40.7%), from €8,703 to €12,248
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 | €385,775 | €429,665 | +€43,889 | +11.4% |
| Fixed assets | 21/28 | €283,178 | €177,413 | -€105,765 | -37.3% |
| Tangible fixed assets | 22/27 | €283,178 | €177,413 | -€105,765 | -37.3% |
| Plant, machinery and equipment | 23 | €12,430 | €23,135 | +€10,705 | +86.1% |
| Furniture and vehicles | 24 | €258,883 | €154,278 | -€104,605 | -40.4% |
| Assets under construction and advance payments | 27 | €11,865 | €0 | -€11,865 | -100.0% |
| Current assets | 29/58 | €102,598 | €252,252 | +€149,655 | +145.9% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €6,116 | €20,804 | +€14,688 | +240.1% |
| Trade receivables | 40 | €6,049 | €20,803 | +€14,754 | +243.9% |
| Other amounts receivable | 41 | €67 | €1 | -€66 | -97.9% |
| Cash at bank and in hand | 54/58 | €79,313 | €217,027 | +€137,714 | +173.6% |
| Deferred charges and accrued income | 490/1 | €17,169 | €14,422 | -€2,747 | -16.0% |
| Total equity and liabilities | 10/49 | €385,775 | €429,665 | +€43,889 | +11.4% |
| Equity | 10/15 | €9,810 | €4,307 | -€5,503 | -56.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,190 | -€15,693 | -€5,503 | -54.0% |
| Amounts payable | 17/49 | €375,965 | €425,358 | +€49,393 | +13.1% |
| Amounts payable after more than one year | 17 | €216,962 | €139,332 | -€77,630 | -35.8% |
| Financial debts | 170/4 | €216,962 | €139,332 | -€77,630 | -35.8% |
| Amounts payable within one year | 42/48 | €155,723 | €283,679 | +€127,956 | +82.2% |
| Current portion of amounts payable after more than one year | 42 | €74,839 | €77,630 | +€2,791 | +3.7% |
| Trade debts | 44 | €10,841 | €1,383 | -€9,458 | -87.2% |
| Suppliers | 440/4 | €10,841 | €1,383 | -€9,458 | -87.2% |
| Taxes, remuneration and social security | 45 | €5,535 | €12,028 | +€6,494 | +117.3% |
| Taxes | 450/3 | €5,535 | €12,028 | +€6,494 | +117.3% |
| Other amounts payable | 47/48 | €64,508 | €192,638 | +€128,129 | +198.6% |
| Accrued charges and deferred income | 492/3 | €3,279 | €2,347 | -€933 | -28.4% |
| Non-recurring operating income | 76A | €100 | €614 | +€514 | +513.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,281 | €129,391 | +€30,110 | +30.3% |
| Other operating charges | 640/8 | €24,070 | €14,516 | -€9,555 | -39.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €128,715 | €150,646 | +€21,930 | +17.0% |
| Operating profit (loss) | 9901 | €5,364 | €6,739 | +€1,375 | +25.6% |
| Financial income | 75/76B | €1 | €6 | +€5 | +421.1% |
| Recurring financial income | 75 | €1 | €6 | +€5 | +421.1% |
| Financial charges | 65/66B | €8,703 | €12,248 | +€3,545 | +40.7% |
| Recurring financial charges | 65 | €8,703 | €12,248 | +€3,545 | +40.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,338 | -€5,503 | -€2,166 | -64.9% |
| Income taxes | 67/77 | €33 | €0 | -€33 | -100.0% |
| Profit (loss) for the period | 9904 | -€3,371 | -€5,503 | -€2,133 | -63.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,371 | -€5,503 | -€2,133 | -63.3% |
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 2 October 2026 via checked.be.