AVS BELGIUM: 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.
AVS BELGIUM
Largest movements
- Cash +€51,522
up €51,522 (+155%), from €33,259 to €84,781
mainly Net result for the year (+€58,619) and Tax, wage and social debts (+€19,791)
- Receivables within one year +€25,681
up €25,681 (+79.4%), from €32,358 to €58,038
of which Trade receivables: +€26,065
- Profit (loss) carried forward +€58,619
up €58,619 (+4,840%), from €1,211 to €59,830
- Tax, wage and social debts +€19,791
up €19,791 (+99.6%), from €19,878 to €39,669
of which Taxes: +€19,320
- Gross operating margin +€38,323
up €38,323 (+37.1%), from €103,242 to €141,565
- Taxes +€8,941
up €8,941 (+68.1%), from €13,130 to €22,071
- Staff costs +€3,701
up €3,701 (+6.5%), from €56,598 to €60,299
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 | €66,178 | €143,471 | +€77,293 | +117% |
| Fixed assets | 21/28 | €255 | €255 | = | 0.0% |
| Financial fixed assets | 28 | €255 | €255 | = | 0.0% |
| Current assets | 29/58 | €65,923 | €143,216 | +€77,293 | +117% |
| Amounts receivable within one year | 40/41 | €32,358 | €58,038 | +€25,681 | +79.4% |
| Trade receivables | 40 | €31,974 | €58,038 | +€26,065 | +81.5% |
| Other amounts receivable | 41 | €384 | - | -€384 | |
| Cash at bank and in hand | 54/58 | €33,259 | €84,781 | +€51,522 | +155% |
| Deferred charges and accrued income | 490/1 | €306 | €396 | +€90 | +29.6% |
| Total equity and liabilities | 10/49 | €66,178 | €143,471 | +€77,293 | +117% |
| Equity | 10/15 | €31,211 | €89,830 | +€58,619 | +188% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,211 | €59,830 | +€58,619 | +4,840% |
| Amounts payable | 17/49 | €34,967 | €53,641 | +€18,675 | +53.4% |
| Amounts payable within one year | 42/48 | €34,967 | €53,641 | +€18,675 | +53.4% |
| Trade debts | 44 | €11,376 | €10,259 | -€1,116 | -9.8% |
| Suppliers | 440/4 | €11,376 | €10,259 | -€1,116 | -9.8% |
| Taxes, remuneration and social security | 45 | €19,878 | €39,669 | +€19,791 | +99.6% |
| Taxes | 450/3 | €12,649 | €31,969 | +€19,320 | +153% |
| Remuneration and social security | 454/9 | €7,229 | €7,700 | +€471 | +6.5% |
| Other amounts payable | 47/48 | €3,713 | €3,713 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €56,598 | €60,299 | +€3,701 | +6.5% |
| Other operating charges | 640/8 | €427 | €458 | +€30 | +7.1% |
| Gross operating margin | 9900 | €103,242 | €141,565 | +€38,323 | +37.1% |
| Operating profit (loss) | 9901 | €46,217 | €80,808 | +€34,591 | +74.8% |
| Financial charges | 65/66B | €116 | €118 | +€2 | +1.7% |
| Recurring financial charges | 65 | €116 | €118 | +€2 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €46,101 | €80,690 | +€34,589 | +75.0% |
| Income taxes | 67/77 | €13,130 | €22,071 | +€8,941 | +68.1% |
| Profit (loss) for the period | 9904 | €32,970 | €58,619 | +€25,648 | +77.8% |
| Profit (loss) for the period to be appropriated | 9905 | €32,970 | €58,619 | +€25,648 | +77.8% |
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 29 October 2026 via checked.be.