AVOV SERVICES: 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.
AVOV SERVICES
Largest movements
- Intangible fixed assets -€11,333
down €11,333 (-6.8%), from €166,068 to €154,734
- Receivables within one year -€5,872
down €5,872 (-40.6%), from €14,462 to €8,590
of which Trade receivables: -€6,887
- Cash -€2,644
down €2,644 (-19.8%), from €13,367 to €10,723
mainly Debts after one year (-€14,296) and Net result for the year (-€11,439)
- Debts after one year -€14,296
down €14,296 (-13.9%), from €102,572 to €88,276
- Profit (loss) carried forward -€11,439
down €11,439 (-31.0%), from €36,892 to €25,453
- Other debts +€9,037
up €9,037 (+41.9%), from €21,582 to €30,619
- Gross operating margin -€32,980
down €32,980 (-77.6%), from €42,485 to €9,505
- Other operating charges -€2,079
down €2,079 (-85.2%), from €2,440 to €360
- Taxes -€981
down €981 (-49.0%), from €2,003 to €1,023
- Financial charges +€871
up €871 (+13.8%), from €6,302 to €7,173
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €194,848 | €175,349 | -€19,499 | -10.0% |
| Fixed assets | 21/28 | €167,019 | €155,242 | -€11,777 | -7.1% |
| Intangible fixed assets | 21 | €166,068 | €154,734 | -€11,333 | -6.8% |
| Tangible fixed assets | 22/27 | €951 | €507 | -€444 | -46.7% |
| Furniture and vehicles | 24 | €951 | €507 | -€444 | -46.7% |
| Current assets | 29/58 | €27,829 | €20,107 | -€7,722 | -27.7% |
| Amounts receivable after more than one year | 29 | - | €795 | +€795 | |
| Trade receivables | 290 | - | €795 | +€795 | |
| Other amounts receivable | 291 | - | €0 | = | |
| Amounts receivable within one year | 40/41 | €14,462 | €8,590 | -€5,872 | -40.6% |
| Trade receivables | 40 | €6,887 | - | -€6,887 | |
| Other amounts receivable | 41 | €7,574 | €8,590 | +€1,015 | +13.4% |
| Cash at bank and in hand | 54/58 | €13,367 | €10,723 | -€2,644 | -19.8% |
| Total equity and liabilities | 10/49 | €194,848 | €175,349 | -€19,499 | -10.0% |
| Equity | 10/15 | €43,154 | €31,715 | -€11,439 | -26.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €61 | €61 | = | 0.0% |
| Non-distributable reserves | 130/1 | €61 | €61 | = | 0.0% |
| Reserves not available under the articles | 1311 | €61 | €61 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,892 | €25,453 | -€11,439 | -31.0% |
| Amounts payable | 17/49 | €151,695 | €143,634 | -€8,060 | -5.3% |
| Amounts payable after more than one year | 17 | €102,572 | €88,276 | -€14,296 | -13.9% |
| Financial debts | 170/4 | €102,572 | €88,276 | -€14,296 | -13.9% |
| Amounts payable within one year | 42/48 | €49,122 | €55,358 | +€6,236 | +12.7% |
| Current portion of amounts payable after more than one year | 42 | €13,660 | €14,296 | +€636 | +4.7% |
| Trade debts | 44 | €1,607 | €0 | -€1,607 | -100.0% |
| Suppliers | 440/4 | €1,607 | €0 | -€1,607 | -100.0% |
| Taxes, remuneration and social security | 45 | €12,272 | €10,443 | -€1,829 | -14.9% |
| Taxes | 450/3 | €12,272 | €5,842 | -€6,431 | -52.4% |
| Remuneration and social security | 454/9 | €0 | €4,601 | +€4,601 | |
| Other amounts payable | 47/48 | €21,582 | €30,619 | +€9,037 | +41.9% |
| Non-recurring operating income | 76A | €10,598 | - | -€10,598 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,269 | €12,388 | +€119 | +1.0% |
| Other operating charges | 640/8 | €2,440 | €360 | -€2,079 | -85.2% |
| Gross operating margin | 9900 | €42,485 | €9,505 | -€32,980 | -77.6% |
| Operating profit (loss) | 9901 | €27,776 | -€3,243 | -€31,020 | |
| Financial income | 75/76B | €12 | €0 | -€12 | -97.4% |
| Recurring financial income | 75 | €12 | €0 | -€12 | -97.4% |
| Financial charges | 65/66B | €6,302 | €7,173 | +€871 | +13.8% |
| Recurring financial charges | 65 | €6,302 | €7,173 | +€871 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | €21,486 | -€10,416 | -€31,902 | |
| Income taxes | 67/77 | €2,003 | €1,023 | -€981 | -49.0% |
| Profit (loss) for the period | 9904 | €19,482 | -€11,439 | -€30,921 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,482 | -€11,439 | -€30,921 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.