AVRAZIA DESIGN: 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.
AVRAZIA DESIGN
Largest movements
- Cash +€7,652
up €7,652 (+5.5%), from €139,579 to €147,231
mainly Other debts (+€39,950) and Net result for the year (+€34,977)
- Receivables within one year -€4,625
down €4,625 (-19.4%), from €23,784 to €19,159
- Reserves -€40,000
down €40,000 (-33.9%), from €118,000 to €78,000
of which Distributable reserves: -€40,000
- Other debts +€39,950
up €39,950 (+254%), from €15,699 to €55,649
- Profit (loss) carried forward +€34,144
up €34,144 (+7,184%), from €475 to €34,619
- Debts after one year -€33,000
no longer reported in 2025 (was €33,000)
- Turnover -€13,297
down €13,297 (-9.4%), from €140,991 to €127,694
- Taxes -€10,609
down €10,609 (-70.5%), from €15,045 to €4,436
- Gross operating margin -€7,637
down €7,637 (-11.3%), from €67,668 to €60,031
- Other operating charges -€5,960
down €5,960 (-65.2%), from €9,146 to €3,186
- Purchases and services -€5,660
down €5,660 (-7.7%), from €73,323 to €67,663
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.
Derived cash bridge
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 | €278,068 | €281,596 | +€3,528 | +1.3% |
| Fixed assets | 21/28 | €114,705 | €115,206 | +€501 | +0.4% |
| Tangible fixed assets | 22/27 | €114,705 | €115,206 | +€501 | +0.4% |
| Land and buildings | 22 | €68,200 | €75,746 | +€7,546 | +11.1% |
| Plant, machinery and equipment | 23 | €5,804 | €6,241 | +€437 | +7.5% |
| Furniture and vehicles | 24 | €40,701 | €33,219 | -€7,482 | -18.4% |
| Current assets | 29/58 | €163,363 | €166,390 | +€3,027 | +1.9% |
| Amounts receivable within one year | 40/41 | €23,784 | €19,159 | -€4,625 | -19.4% |
| Trade receivables | 40 | €23,784 | €19,159 | -€4,625 | -19.4% |
| Cash at bank and in hand | 54/58 | €139,579 | €147,231 | +€7,652 | +5.5% |
| Total equity and liabilities | 10/49 | €278,068 | €281,596 | +€3,528 | +1.3% |
| Equity | 10/15 | €218,475 | €212,619 | -€5,856 | -2.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €118,000 | €78,000 | -€40,000 | -33.9% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €108,000 | €68,000 | -€40,000 | -37.0% |
| Profit (loss) carried forward | 14 | €475 | €34,619 | +€34,144 | +7,184% |
| Amounts payable | 17/49 | €59,592 | €68,977 | +€9,385 | +15.7% |
| Amounts payable after more than one year | 17 | €33,000 | - | -€33,000 | |
| Financial debts | 170/4 | €33,000 | - | -€33,000 | |
| Amounts payable within one year | 42/48 | €26,592 | €68,977 | +€42,385 | +159% |
| Trade debts | 44 | €906 | €2,130 | +€1,224 | +135% |
| Suppliers | 440/4 | €906 | €2,130 | +€1,224 | +135% |
| Taxes, remuneration and social security | 45 | €9,987 | €11,198 | +€1,211 | +12.1% |
| Taxes | 450/3 | €9,987 | €11,198 | +€1,211 | +12.1% |
| Other amounts payable | 47/48 | €15,699 | €55,649 | +€39,950 | +254% |
| Turnover | 70 | €140,991 | €127,694 | -€13,297 | -9.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €73,323 | €67,663 | -€5,660 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,212 | €18,457 | +€3,245 | +21.3% |
| Other operating charges | 640/8 | €9,146 | €3,186 | -€5,960 | -65.2% |
| Non-recurring operating charges | 66A | €15,582 | - | -€15,582 | |
| Gross operating margin | 9900 | €67,668 | €60,031 | -€7,637 | -11.3% |
| Operating profit (loss) | 9901 | €27,728 | €38,388 | +€10,660 | +38.4% |
| Financial income | 75/76B | €16 | €3,800 | +€3,784 | +23,085% |
| Recurring financial income | 75 | €16 | €3,800 | +€3,784 | +23,085% |
| Financial charges | 65/66B | €4,271 | €2,776 | -€1,496 | -35.0% |
| Recurring financial charges | 65 | €4,271 | €2,776 | -€1,496 | -35.0% |
| Profit (loss) for the period before taxes | 9903 | €23,473 | €39,413 | +€15,939 | +67.9% |
| Income taxes | 67/77 | €15,045 | €4,436 | -€10,609 | -70.5% |
| Profit (loss) for the period | 9904 | €8,429 | €34,977 | +€26,548 | +315% |
| Transfer from tax-exempt reserves | 789 | €972 | - | -€972 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,400 | €34,977 | +€25,576 | +272% |
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 21 October 2026 via checked.be.