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AVON: 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.

What changed

AVON

BE 0896.849.132
NACE 46.831, Wholesale of construction materials, general range
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€20,405
2023 · €11,126+€9,279
Equity
€52,132
2023 · €31,727+€20,405
Cash
€28,226
2023 · €1,723+€26,503
Balance sheet total
€160,716
2023 · €128,844+€31,873

Largest movements

2023 to 2024
Assets
  • Cash +€26,503

    up €26,503 (+1538.6%), from €1,723 to €28,226

    mainly Stocks and contracts (+€20,906) and Net result for the year (+€20,405)

  • Tangible fixed assets +€21,857

    up €21,857 (+39.1%), from €55,886 to €77,743

    of which Furniture and vehicles: +€24,535

  • Stocks and contracts -€20,906

    down €20,906 (-46.0%), from €45,400 to €24,494

  • Receivables within one year +€3,983

    up €3,983 (+15.7%), from €25,357 to €29,340

    of which Trade receivables: +€3,540

Equity and liabilities
  • Profit (loss) carried forward +€20,405

    up €20,405 (+181.1%), from €11,267 to €31,672

  • Debts after one year +€14,105

    up €14,105 (+43.0%), from €32,790 to €46,895

  • Other debts -€5,187

    down €5,187 (-10.2%), from €50,896 to €45,710

  • Current portion of long-term debt +€3,721

    up €3,721 (+33.1%), from €11,258 to €14,979

Income statement
  • Gross operating margin +€27,234

    up €27,234 (+94.6%), from €28,791 to €56,026

  • Staff costs +€5,938

    up €5,938 (+74.5%), from €7,971 to €13,909

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €11,126
Gross operating margin +€27,234
Staff costs -€5,938
Depreciation +€250
Other operating charges -€387
Other operating items -€11,918
Financial income -€52
Financial charges -€250
Taxes +€339
Result 2024 €20,405

Cash bridge derived

cash 2023 to 2024

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.

From operations +€33,211
Investment -€24,535
Financing +€17,827
Cash 2023 €1,723
Net result for the year +€20,405
Depreciation +€2,678
Stocks and contracts +€20,906
Receivables within one year -€3,983
Deferred charges and accrued income -€435
Tax, wage and social debts -€1,172
Other debts -€5,187
Investment in fixed assets (net) -€24,535
Debts after one year +€14,105
Current portion of long-term debt +€3,721
Cash 2024 €28,226
Every line side by side 47 lines
Line Code 2023 2024 Change %
Total assets 20/58 €128,844 €160,716 +€31,873 +24.7%
Fixed assets 21/28 €56,281 €78,138 +€21,857 +38.8%
Tangible fixed assets 22/27 €55,886 €77,743 +€21,857 +39.1%
Land and buildings 22 €42,929 €40,842 -€2,087 -4.9%
Plant, machinery and equipment 23 €1,039 €448 -€591 -56.9%
Furniture and vehicles 24 €11,918 €36,453 +€24,535 +205.9%
Financial fixed assets 28 €395 €395 = 0.0%
Current assets 29/58 €72,563 €82,578 +€10,016 +13.8%
Stocks and contracts in progress 3 €45,400 €24,494 -€20,906 -46.0%
Stocks 30/36 €45,400 €24,494 -€20,906 -46.0%
Amounts receivable within one year 40/41 €25,357 €29,340 +€3,983 +15.7%
Trade receivables 40 €15,171 €18,711 +€3,540 +23.3%
Other amounts receivable 41 €10,186 €10,629 +€443 +4.3%
Cash at bank and in hand 54/58 €1,723 €28,226 +€26,503 +1538.6%
Deferred charges and accrued income 490/1 €83 €518 +€435 +520.9%
Total equity and liabilities 10/49 €128,844 €160,716 +€31,873 +24.7%
Equity 10/15 €31,727 €52,132 +€20,405 +64.3%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €1,860 €1,860 = 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%
Profit (loss) carried forward 14 €11,267 €31,672 +€20,405 +181.1%
Amounts payable 17/49 €97,117 €108,584 +€11,467 +11.8%
Amounts payable after more than one year 17 €32,790 €46,895 +€14,105 +43.0%
Financial debts 170/4 €32,790 €46,895 +€14,105 +43.0%
Amounts payable within one year 42/48 €64,327 €61,689 -€2,638 -4.1%
Current portion of amounts payable after more than one year 42 €11,258 €14,979 +€3,721 +33.1%
Trade debts 44 €0 €0 =
Suppliers 440/4 €0 €0 =
Taxes, remuneration and social security 45 €2,172 €1,000 -€1,172 -54.0%
Taxes 450/3 €2,172 €1,000 -€1,172 -54.0%
Remuneration and social security 454/9 - €0 =
Other amounts payable 47/48 €50,896 €45,710 -€5,187 -10.2%
Remuneration, social security and pensions 62 €7,971 €13,909 +€5,938 +74.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,928 €2,678 -€250 -8.5%
Other operating charges 640/8 - €387 +€387
Non-recurring operating charges 66A - €11,918 +€11,918
Gross operating margin 9900 €28,791 €56,026 +€27,234 +94.6%
Operating profit (loss) 9901 €17,892 €27,134 +€9,242 +51.7%
Financial income 75/76B €219 €167 -€52 -23.8%
Recurring financial income 75 €219 €167 -€52 -23.8%
Financial charges 65/66B €2,605 €2,855 +€250 +9.6%
Recurring financial charges 65 €2,605 €2,855 +€250 +9.6%
Profit (loss) for the period before taxes 9903 €15,506 €24,446 +€8,940 +57.7%
Income taxes 67/77 €4,380 €4,041 -€339 -7.7%
Profit (loss) for the period 9904 €11,126 €20,405 +€9,279 +83.4%
Profit (loss) for the period to be appropriated 9905 €11,126 €20,405 +€9,279 +83.4%

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 29 September 2026 via checked.be.