AVN Plus: 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.
AVN Plus
Largest movements
- Receivables within one year +€5,015
up €5,015 (+63.8%), from €7,866 to €12,882
of which Other amounts receivable: +€3,679
- Tangible fixed assets -€2,644
down €2,644 (-39.3%), from €6,724 to €4,080
of which Furniture and vehicles: -€2,269
- Trade debts +€3,606
up €3,606 (+131.8%), from €2,735 to €6,341
- Other debts +€3,167
new in 2025: €3,167
- Tax, wage and social debts -€2,600
down €2,600 (-87.8%), from €2,961 to €360
of which Taxes: -€1,646
- Debts after one year -€1,926
no longer reported in 2025 (was €1,926)
- Profit (loss) carried forward +€1,287
up €1,287, from -€717 to €570
- Gross operating margin +€2,022
up €2,022 (+54.8%), from €3,691 to €5,713
- Taxes +€459
up €459 (+127.3%), from €360 to €819
- Staff costs -€284
no longer reported in 2025 (was €284)
- Financial charges -€106
down €106 (-36.9%), from €287 to €181
- Other operating charges -€98
down €98 (-11.1%), from €882 to €785
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 | €18,419 | €20,923 | +€2,504 | +13.6% |
| Fixed assets | 21/28 | €6,784 | €4,140 | -€2,644 | -39.0% |
| Tangible fixed assets | 22/27 | €6,724 | €4,080 | -€2,644 | -39.3% |
| Plant, machinery and equipment | 23 | €754 | €379 | -€375 | -49.7% |
| Furniture and vehicles | 24 | €5,970 | €3,701 | -€2,269 | -38.0% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €11,634 | €16,783 | +€5,148 | +44.3% |
| Amounts receivable within one year | 40/41 | €7,866 | €12,882 | +€5,015 | +63.8% |
| Trade receivables | 40 | €7,108 | €8,444 | +€1,336 | +18.8% |
| Other amounts receivable | 41 | €758 | €4,437 | +€3,679 | +485.5% |
| Cash at bank and in hand | 54/58 | €2,048 | €2,110 | +€62 | +3.0% |
| Deferred charges and accrued income | 490/1 | €1,720 | €1,792 | +€71 | +4.1% |
| Total equity and liabilities | 10/49 | €18,419 | €20,923 | +€2,504 | +13.6% |
| Equity | 10/15 | €6,463 | €7,750 | +€1,287 | +19.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €5,180 | €5,180 | = | 0.0% |
| Distributable reserves | 133 | €5,180 | €5,180 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€717 | €570 | +€1,287 | |
| Amounts payable | 17/49 | €11,955 | €13,173 | +€1,218 | +10.2% |
| Amounts payable after more than one year | 17 | €1,926 | - | -€1,926 | |
| Financial debts | 170/4 | €1,926 | - | -€1,926 | |
| Amounts payable within one year | 42/48 | €8,514 | €11,794 | +€3,280 | +38.5% |
| Current portion of amounts payable after more than one year | 42 | €2,818 | €1,926 | -€892 | -31.7% |
| Trade debts | 44 | €2,735 | €6,341 | +€3,606 | +131.8% |
| Suppliers | 440/4 | €2,735 | €6,341 | +€3,606 | +131.8% |
| Taxes, remuneration and social security | 45 | €2,961 | €360 | -€2,600 | -87.8% |
| Taxes | 450/3 | €2,006 | €360 | -€1,646 | -82.0% |
| Remuneration and social security | 454/9 | €955 | - | -€955 | |
| Other amounts payable | 47/48 | - | €3,167 | +€3,167 | |
| Accrued charges and deferred income | 492/3 | €1,516 | €1,379 | -€137 | -9.0% |
| Remuneration, social security and pensions | 62 | €284 | - | -€284 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,600 | €2,644 | +€44 | +1.7% |
| Other operating charges | 640/8 | €882 | €785 | -€98 | -11.1% |
| Gross operating margin | 9900 | €3,691 | €5,713 | +€2,022 | +54.8% |
| Operating profit (loss) | 9901 | -€75 | €2,284 | +€2,359 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €287 | €181 | -€106 | -36.9% |
| Recurring financial charges | 65 | €287 | €181 | -€106 | -36.9% |
| Profit (loss) for the period before taxes | 9903 | -€362 | €2,106 | +€2,468 | |
| Income taxes | 67/77 | €360 | €819 | +€459 | +127.3% |
| Profit (loss) for the period | 9904 | -€722 | €1,287 | +€2,009 | |
| Profit (loss) for the period to be appropriated | 9905 | -€722 | €1,287 | +€2,009 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.