AVRIMMO: 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.
AVRIMMO
Largest movements
- Tangible fixed assets +€16,279
up €16,279 (+2.5%), from €639,248 to €655,528
of which Furniture and vehicles: +€69,902
- Cash -€14,493
down €14,493 (-39.9%), from €36,322 to €21,829
mainly Investment in fixed assets (net) (-€101,079) and Other debts (-€79,430)
- Receivables within one year -€11,557
down €11,557 (-68.3%), from €16,914 to €5,357
of which Trade receivables: -€8,362
- Other debts -€79,430
down €79,430 (-25.4%), from €313,168 to €233,738
- Profit (loss) carried forward +€57,206
up €57,206 (+77.4%), from -€73,917 to -€16,710
- Trade debts -€27,594
down €27,594 (-97.4%), from €28,331 to €737
- Debts after one year +€24,894
up €24,894 (+9.3%), from €268,788 to €293,682
- Current portion of long-term debt +€12,570
up €12,570 (+48.6%), from €25,863 to €38,433
- Gross operating margin +€42,480
up €42,480 (+35.7%), from €119,075 to €161,555
- Depreciation +€11,584
up €11,584 (+15.8%), from €73,216 to €84,800
- Financial charges +€2,773
up €2,773 (+37.9%), from €7,323 to €10,095
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 | €693,504 | €685,464 | -€8,039 | -1.2% |
| Fixed assets | 21/28 | €639,248 | €655,528 | +€16,279 | +2.5% |
| Tangible fixed assets | 22/27 | €639,248 | €655,528 | +€16,279 | +2.5% |
| Land and buildings | 22 | €627,012 | €574,978 | -€52,034 | -8.3% |
| Plant, machinery and equipment | 23 | €4,436 | €2,848 | -€1,589 | -35.8% |
| Furniture and vehicles | 24 | €7,800 | €77,702 | +€69,902 | +896.2% |
| Current assets | 29/58 | €54,255 | €29,937 | -€24,318 | -44.8% |
| Amounts receivable within one year | 40/41 | €16,914 | €5,357 | -€11,557 | -68.3% |
| Trade receivables | 40 | €13,692 | €5,330 | -€8,362 | -61.1% |
| Other amounts receivable | 41 | €3,222 | €27 | -€3,195 | -99.2% |
| Cash at bank and in hand | 54/58 | €36,322 | €21,829 | -€14,493 | -39.9% |
| Deferred charges and accrued income | 490/1 | €1,020 | €2,751 | +€1,731 | +169.7% |
| Total equity and liabilities | 10/49 | €693,504 | €685,464 | -€8,039 | -1.2% |
| Equity | 10/15 | €49,015 | €106,221 | +€57,206 | +116.7% |
| Contributions | 10/11 | €63,350 | €63,350 | = | 0.0% |
| Reserves | 13 | €59,581 | €59,581 | = | 0.0% |
| Distributable reserves | 133 | €59,581 | €59,581 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,917 | -€16,710 | +€57,206 | +77.4% |
| Amounts payable | 17/49 | €644,489 | €579,244 | -€65,246 | -10.1% |
| Amounts payable after more than one year | 17 | €268,788 | €293,682 | +€24,894 | +9.3% |
| Financial debts | 170/4 | €268,788 | €293,682 | +€24,894 | +9.3% |
| Amounts payable within one year | 42/48 | €369,641 | €277,832 | -€91,810 | -24.8% |
| Current portion of amounts payable after more than one year | 42 | €25,863 | €38,433 | +€12,570 | +48.6% |
| Trade debts | 44 | €28,331 | €737 | -€27,594 | -97.4% |
| Suppliers | 440/4 | €28,331 | €737 | -€27,594 | -97.4% |
| Advances received on contracts in progress | 46 | €2,070 | - | -€2,070 | |
| Taxes, remuneration and social security | 45 | €209 | €4,924 | +€4,715 | +2252.5% |
| Taxes | 450/3 | €209 | €4,924 | +€4,715 | +2252.5% |
| Other amounts payable | 47/48 | €313,168 | €233,738 | -€79,430 | -25.4% |
| Accrued charges and deferred income | 492/3 | €6,060 | €7,730 | +€1,670 | +27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,216 | €84,800 | +€11,584 | +15.8% |
| Other operating charges | 640/8 | €8,443 | €9,190 | +€748 | +8.9% |
| Gross operating margin | 9900 | €119,075 | €161,555 | +€42,480 | +35.7% |
| Operating profit (loss) | 9901 | €37,416 | €67,565 | +€30,149 | +80.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €7,323 | €10,095 | +€2,773 | +37.9% |
| Recurring financial charges | 65 | €7,323 | €10,095 | +€2,773 | +37.9% |
| Profit (loss) for the period before taxes | 9903 | €30,093 | €57,469 | +€27,376 | +91.0% |
| Income taxes | 67/77 | €209 | €263 | +€54 | +25.7% |
| Profit (loss) for the period | 9904 | €29,884 | €57,206 | +€27,323 | +91.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,884 | €57,206 | +€27,323 | +91.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.