AVMC: 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.
AVMC
Largest movements
- Receivables within one year -€38,197
down €38,197 (-50.6%), from €75,429 to €37,232
of which Other amounts receivable: -€38,197
- Cash +€8,724
up €8,724 (+73.1%), from €11,934 to €20,658
mainly Net result for the year (+€147,729) and Receivables within one year (+€38,197)
- Reserves -€28,271
down €28,271 (-10.8%), from €261,676 to €233,406
of which Distributable reserves: -€28,271
- Short-term financial debts -€8,500
down €8,500 (-70.8%), from €12,000 to €3,500
- Tax, wage and social debts +€7,911
up €7,911 (+77.8%), from €10,166 to €18,077
- Financial income +€41,941
up €41,941 (+123.6%), from €33,932 to €75,874
- Gross operating margin +€8,923
up €8,923 (+9.7%), from €92,468 to €101,392
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.
Cash bridge derived
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 | €288,363 | €258,370 | -€29,993 | -10.4% |
| Fixed assets | 21/28 | €200,999 | €200,480 | -€519 | -0.3% |
| Tangible fixed assets | 22/27 | €999 | €480 | -€519 | -51.9% |
| Plant, machinery and equipment | 23 | €999 | €480 | -€519 | -52.0% |
| Furniture and vehicles | 24 | €0 | €0 | = | 0.0% |
| Financial fixed assets | 28 | €200,000 | €200,000 | = | 0.0% |
| Current assets | 29/58 | €87,363 | €57,890 | -€29,473 | -33.7% |
| Amounts receivable within one year | 40/41 | €75,429 | €37,232 | -€38,197 | -50.6% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €75,429 | €37,232 | -€38,197 | -50.6% |
| Cash at bank and in hand | 54/58 | €11,934 | €20,658 | +€8,724 | +73.1% |
| Total equity and liabilities | 10/49 | €288,363 | €258,370 | -€29,993 | -10.4% |
| Equity | 10/15 | €261,676 | €233,406 | -€28,271 | -10.8% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €261,676 | €233,406 | -€28,271 | -10.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €20 | €20 | = | 0.0% |
| Distributable reserves | 133 | €261,657 | €233,386 | -€28,271 | -10.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,686 | €24,964 | -€1,722 | -6.5% |
| Amounts payable within one year | 42/48 | €26,686 | €24,964 | -€1,722 | -6.5% |
| Financial debts | 43 | €12,000 | €3,500 | -€8,500 | -70.8% |
| Credit institutions | 430/8 | €12,000 | €3,500 | -€8,500 | -70.8% |
| Trade debts | 44 | €4,521 | €3,387 | -€1,133 | -25.1% |
| Suppliers | 440/4 | €4,521 | €3,387 | -€1,133 | -25.1% |
| Taxes, remuneration and social security | 45 | €10,166 | €18,077 | +€7,911 | +77.8% |
| Taxes | 450/3 | €10,166 | €18,077 | +€7,911 | +77.8% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,035 | €519 | -€516 | -49.8% |
| Other operating charges | 640/8 | €584 | €587 | +€3 | +0.5% |
| Gross operating margin | 9900 | €92,468 | €101,392 | +€8,923 | +9.7% |
| Operating profit (loss) | 9901 | €90,849 | €100,285 | +€9,436 | +10.4% |
| Financial income | 75/76B | €33,932 | €75,874 | +€41,941 | +123.6% |
| Recurring financial income | 75 | €33,932 | €75,874 | +€41,941 | +123.6% |
| Financial charges | 65/66B | €939 | €1,035 | +€96 | +10.2% |
| Recurring financial charges | 65 | €939 | €1,035 | +€96 | +10.2% |
| Profit (loss) for the period before taxes | 9903 | €123,843 | €175,124 | +€51,282 | +41.4% |
| Income taxes | 67/77 | €27,402 | €27,395 | -€7 | 0.0% |
| Profit (loss) for the period | 9904 | €96,441 | €147,729 | +€51,288 | +53.2% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €96,441 | €147,729 | +€51,288 | +53.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.