AVN Technics: 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.
AVN Technics
Largest movements
- Cash +€74,426
up €74,426 (+76.4%), from €97,480 to €171,906
mainly Net result for the year (+€104,959) and Stocks and contracts (+€45,965)
- Receivables within one year +€47,064
up €47,064 (+88.1%), from €53,426 to €100,489
of which Other amounts receivable: +€45,342
- Stocks and contracts -€45,965
down €45,965 (-18.8%), from €244,434 to €198,470
of which Stocks: -€40,399
- Tangible fixed assets -€23,902
down €23,902 (-28.0%), from €85,361 to €61,459
of which Furniture and vehicles: -€19,456
- Deferred charges and accrued income +€15,783
up €15,783 (+416.9%), from €3,786 to €19,569
- Reserves +€104,959
up €104,959 (+33.4%), from €313,990 to €418,950
of which Distributable reserves: +€106,819
- Trade debts -€35,725
down €35,725 (-42.0%), from €85,146 to €49,421
- Debts after one year -€13,446
down €13,446 (-34.9%), from €38,474 to €25,028
- Accrued charges and deferred income +€11,500
new in 2025: €11,500
- Gross operating margin +€123,069
up €123,069 (+99.3%), from €123,970 to €247,039
- Other operating charges +€13,541
up €13,541 (+220.8%), from €6,132 to €19,673
- Taxes +€11,128
up €11,128 (+145.5%), from €7,649 to €18,777
- Depreciation -€8,471
down €8,471 (-26.2%), from €32,373 to €23,902
- Write-downs +€8,376
new in 2025: €8,376
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 | €484,486 | €551,893 | +€67,406 | +13.9% |
| Fixed assets | 21/28 | €85,361 | €61,459 | -€23,902 | -28.0% |
| Tangible fixed assets | 22/27 | €85,361 | €61,459 | -€23,902 | -28.0% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €1,956 | €1,094 | -€861 | -44.0% |
| Furniture and vehicles | 24 | €71,397 | €51,941 | -€19,456 | -27.3% |
| Other tangible fixed assets | 26 | €12,008 | €8,423 | -€3,585 | -29.9% |
| Current assets | 29/58 | €399,126 | €490,434 | +€91,308 | +22.9% |
| Stocks and contracts in progress | 3 | €244,434 | €198,470 | -€45,965 | -18.8% |
| Stocks | 30/36 | €212,511 | €172,112 | -€40,399 | -19.0% |
| Contracts in progress | 37 | €31,924 | €26,358 | -€5,566 | -17.4% |
| Amounts receivable within one year | 40/41 | €53,426 | €100,489 | +€47,064 | +88.1% |
| Trade receivables | 40 | €43,111 | €44,833 | +€1,722 | +4.0% |
| Other amounts receivable | 41 | €10,315 | €55,656 | +€45,342 | +439.6% |
| Cash at bank and in hand | 54/58 | €97,480 | €171,906 | +€74,426 | +76.4% |
| Deferred charges and accrued income | 490/1 | €3,786 | €19,569 | +€15,783 | +416.9% |
| Total equity and liabilities | 10/49 | €484,486 | €551,893 | +€67,406 | +13.9% |
| Equity | 10/15 | €332,590 | €437,550 | +€104,959 | +31.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €313,990 | €418,950 | +€104,959 | +33.4% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €312,130 | €418,950 | +€106,819 | +34.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €151,896 | €114,343 | -€37,553 | -24.7% |
| Amounts payable after more than one year | 17 | €38,474 | €25,028 | -€13,446 | -34.9% |
| Financial debts | 170/4 | €38,474 | €25,028 | -€13,446 | -34.9% |
| Amounts payable within one year | 42/48 | €113,422 | €77,815 | -€35,606 | -31.4% |
| Current portion of amounts payable after more than one year | 42 | €14,572 | €13,446 | -€1,125 | -7.7% |
| Financial debts | 43 | €646 | €905 | +€259 | +40.0% |
| Credit institutions | 430/8 | €646 | €905 | +€259 | +40.0% |
| Trade debts | 44 | €85,146 | €49,421 | -€35,725 | -42.0% |
| Suppliers | 440/4 | €85,146 | €49,421 | -€35,725 | -42.0% |
| Taxes, remuneration and social security | 45 | €13,057 | €14,043 | +€986 | +7.6% |
| Taxes | 450/3 | €3 | €124 | +€120 | +3741.6% |
| Remuneration and social security | 454/9 | €13,054 | €13,920 | +€865 | +6.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €11,500 | +€11,500 | |
| Non-recurring operating income | 76A | - | €37,500 | +€37,500 | |
| Remuneration, social security and pensions | 62 | €61,996 | €68,610 | +€6,614 | +10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,373 | €23,902 | -€8,471 | -26.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €8,376 | +€8,376 | |
| Other operating charges | 640/8 | €6,132 | €19,673 | +€13,541 | +220.8% |
| Gross operating margin | 9900 | €123,970 | €247,039 | +€123,069 | +99.3% |
| Operating profit (loss) | 9901 | €23,469 | €126,478 | +€103,010 | +438.9% |
| Financial income | 75/76B | €948 | €1,081 | +€132 | +14.0% |
| Recurring financial income | 75 | €948 | €1,081 | +€132 | +14.0% |
| Financial charges | 65/66B | €817 | €3,823 | +€3,006 | +368.0% |
| Recurring financial charges | 65 | €817 | €3,823 | +€3,006 | +368.0% |
| Profit (loss) for the period before taxes | 9903 | €23,600 | €123,736 | +€100,136 | +424.3% |
| Income taxes | 67/77 | €7,649 | €18,777 | +€11,128 | +145.5% |
| Profit (loss) for the period | 9904 | €15,952 | €104,959 | +€89,008 | +558.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,952 | €104,959 | +€89,008 | +558.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.