AVPBOB: 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.
AVPBOB
Largest movements
- Cash -€26,292
down €26,292 (-92.8%), from €28,345 to €2,053
mainly Trade debts (-€44,737) and Receivables within one year (-€18,001)
- Receivables within one year +€18,001
up €18,001 (+39.2%), from €45,895 to €63,896
of which Trade receivables: +€21,059
- Tangible fixed assets -€10,551
down €10,551 (-28.4%), from €37,145 to €26,594
- Trade debts -€44,737
down €44,737 (-90.4%), from €49,467 to €4,731
- Tax, wage and social debts +€17,441
up €17,441 (+498.3%), from €3,500 to €20,941
- Profit (loss) carried forward +€14,825
up €14,825 (+37.8%), from €39,189 to €54,014
- Debts after one year -€6,457
down €6,457 (-53.2%), from €12,133 to €5,676
- Gross operating margin +€7,363
up €7,363 (+27.0%), from €27,315 to €34,678
- Taxes +€1,197
up €1,197 (+31.5%), from €3,803 to €5,000
- Depreciation +€1,166
up €1,166 (+13.1%), from €8,916 to €10,082
- Financial charges -€923
down €923 (-49.4%), from €1,871 to €947
- Other operating charges -€792
down €792 (-24.2%), from €3,278 to €2,486
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 | €111,982 | €93,419 | -€18,563 | -16.6% |
| Fixed assets | 21/28 | €37,145 | €26,594 | -€10,551 | -28.4% |
| Tangible fixed assets | 22/27 | €37,145 | €26,594 | -€10,551 | -28.4% |
| Furniture and vehicles | 24 | €37,145 | €26,594 | -€10,551 | -28.4% |
| Current assets | 29/58 | €74,837 | €66,826 | -€8,012 | -10.7% |
| Amounts receivable within one year | 40/41 | €45,895 | €63,896 | +€18,001 | +39.2% |
| Trade receivables | 40 | €42,104 | €63,163 | +€21,059 | +50.0% |
| Other amounts receivable | 41 | €3,791 | €733 | -€3,058 | -80.7% |
| Cash at bank and in hand | 54/58 | €28,345 | €2,053 | -€26,292 | -92.8% |
| Deferred charges and accrued income | 490/1 | €597 | €876 | +€279 | +46.8% |
| Total equity and liabilities | 10/49 | €111,982 | €93,419 | -€18,563 | -16.6% |
| Equity | 10/15 | €40,789 | €55,614 | +€14,825 | +36.3% |
| Contributions | 10/11 | €1,600 | €1,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,189 | €54,014 | +€14,825 | +37.8% |
| Amounts payable | 17/49 | €71,193 | €37,805 | -€33,388 | -46.9% |
| Amounts payable after more than one year | 17 | €12,133 | €5,676 | -€6,457 | -53.2% |
| Financial debts | 170/4 | €12,133 | €5,676 | -€6,457 | -53.2% |
| Amounts payable within one year | 42/48 | €59,060 | €32,129 | -€26,931 | -45.6% |
| Current portion of amounts payable after more than one year | 42 | €6,093 | €6,457 | +€365 | +6.0% |
| Trade debts | 44 | €49,467 | €4,731 | -€44,737 | -90.4% |
| Suppliers | 440/4 | €49,467 | €4,731 | -€44,737 | -90.4% |
| Taxes, remuneration and social security | 45 | €3,500 | €20,941 | +€17,441 | +498.3% |
| Taxes | 450/3 | €3,500 | €20,941 | +€17,441 | +498.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,916 | €10,082 | +€1,166 | +13.1% |
| Other operating charges | 640/8 | €3,278 | €2,486 | -€792 | -24.2% |
| Non-recurring operating charges | 66A | - | €1,337 | +€1,337 | |
| Gross operating margin | 9900 | €27,315 | €34,678 | +€7,363 | +27.0% |
| Operating profit (loss) | 9901 | €15,120 | €20,772 | +€5,652 | +37.4% |
| Financial income | 75/76B | €121 | - | -€121 | |
| Recurring financial income | 75 | €121 | - | -€121 | |
| Financial charges | 65/66B | €1,871 | €947 | -€923 | -49.4% |
| Recurring financial charges | 65 | €1,871 | €947 | -€923 | -49.4% |
| Profit (loss) for the period before taxes | 9903 | €13,371 | €19,825 | +€6,455 | +48.3% |
| Income taxes | 67/77 | €3,803 | €5,000 | +€1,197 | +31.5% |
| Profit (loss) for the period | 9904 | €9,568 | €14,825 | +€5,257 | +54.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,568 | €14,825 | +€5,257 | +54.9% |
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 2 October 2026 via checked.be.