AVM Consultancy: 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.
AVM Consultancy
Largest movements
- Cash -€63,931
down €63,931 (-86.6%), from €73,827 to €9,896
mainly Trade debts (-€46,240) and Net result for the year (-€21,536)
- Receivables within one year +€13,548
up €13,548 (+17.9%), from €75,614 to €89,162
of which Trade receivables: +€30,598
- Tangible fixed assets -€9,448
down €9,448 (-45.4%), from €20,807 to €11,359
of which Furniture and vehicles: -€7,002
- Deferred charges and accrued income -€5,102
down €5,102 (-37.0%), from €13,778 to €8,676
- Trade debts -€46,240
down €46,240 (-85.1%), from €54,361 to €8,121
- Profit (loss) carried forward -€21,536
down €21,536 (-242%), from -€8,902 to -€30,438
- Gross operating margin -€39,877
down €39,877 (-86.0%), from €46,386 to €6,509
- Taxes -€7,389
down €7,389 (-45.9%), from €16,086 to €8,697
- Financial charges +€1,863
up €1,863 (+49.2%), from €3,783 to €5,646
- Other operating charges +€583
up €583 (+15.9%), from €3,671 to €4,254
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.
Derived cash bridge
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 | €260,026 | €195,093 | -€64,933 | -25.0% |
| Fixed assets | 21/28 | €96,807 | €87,359 | -€9,448 | -9.8% |
| Tangible fixed assets | 22/27 | €20,807 | €11,359 | -€9,448 | -45.4% |
| Land and buildings | 22 | €9,063 | €7,060 | -€2,003 | -22.1% |
| Plant, machinery and equipment | 23 | €1,908 | €1,465 | -€443 | -23.2% |
| Furniture and vehicles | 24 | €9,836 | €2,834 | -€7,002 | -71.2% |
| Financial fixed assets | 28 | €76,000 | €76,000 | = | 0.0% |
| Current assets | 29/58 | €163,219 | €107,734 | -€55,485 | -34.0% |
| Amounts receivable within one year | 40/41 | €75,614 | €89,162 | +€13,548 | +17.9% |
| Trade receivables | 40 | €57,475 | €88,073 | +€30,598 | +53.2% |
| Other amounts receivable | 41 | €18,139 | €1,089 | -€17,050 | -94.0% |
| Cash at bank and in hand | 54/58 | €73,827 | €9,896 | -€63,931 | -86.6% |
| Deferred charges and accrued income | 490/1 | €13,778 | €8,676 | -€5,102 | -37.0% |
| Total equity and liabilities | 10/49 | €260,026 | €195,093 | -€64,933 | -25.0% |
| Equity | 10/15 | €111,676 | €90,140 | -€21,536 | -19.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €114,378 | €114,378 | = | 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% |
| Distributable reserves | 133 | €112,518 | €112,518 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,902 | -€30,438 | -€21,536 | -242% |
| Amounts payable | 17/49 | €148,350 | €104,953 | -€43,397 | -29.3% |
| Amounts payable within one year | 42/48 | €148,350 | €104,953 | -€43,397 | -29.3% |
| Trade debts | 44 | €54,361 | €8,121 | -€46,240 | -85.1% |
| Suppliers | 440/4 | €54,361 | €8,121 | -€46,240 | -85.1% |
| Taxes, remuneration and social security | 45 | €24,364 | €26,550 | +€2,186 | +9.0% |
| Taxes | 450/3 | €24,364 | €26,550 | +€2,186 | +9.0% |
| Other amounts payable | 47/48 | €69,625 | €70,282 | +€657 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,373 | €9,448 | +€75 | +0.8% |
| Other operating charges | 640/8 | €3,671 | €4,254 | +€583 | +15.9% |
| Gross operating margin | 9900 | €46,386 | €6,509 | -€39,877 | -86.0% |
| Operating profit (loss) | 9901 | €33,342 | -€7,193 | -€40,535 | |
| Financial charges | 65/66B | €3,783 | €5,646 | +€1,863 | +49.2% |
| Recurring financial charges | 65 | €3,783 | €5,646 | +€1,863 | +49.2% |
| Profit (loss) for the period before taxes | 9903 | €29,559 | -€12,839 | -€42,398 | |
| Income taxes | 67/77 | €16,086 | €8,697 | -€7,389 | -45.9% |
| Profit (loss) for the period | 9904 | €13,473 | -€21,536 | -€35,009 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,473 | -€21,536 | -€35,009 |
Source: filed annual accounts (NBB), financial years ended 29 December 2024 and 29 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.