AVS DECO: 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.
AVS DECO
Largest movements
- Cash +€43,653
up €43,653 (+132.8%), from €32,881 to €76,534
mainly Net result for the year (+€58,859) and Tax, wage and social debts (+€16,528)
- Receivables after one year +€27,770
new in 2025: €27,770
- Tangible fixed assets +€15,105
up €15,105 (+43.3%), from €34,867 to €49,972
of which Furniture and vehicles: +€15,420
- Reserves +€58,859
up €58,859 (+188.2%), from €31,269 to €90,127
- Tax, wage and social debts +€16,528
up €16,528 (+96.5%), from €17,122 to €33,649
- Debts after one year +€15,738
up €15,738 (+110.8%), from €14,200 to €29,938
- Other debts -€7,088
down €7,088 (-15.6%), from €45,371 to €38,283
- Trade debts +€3,298
up €3,298 (+200.1%), from €1,648 to €4,946
- Gross operating margin +€70,795
up €70,795 (+136.9%), from €51,704 to €122,499
- Other operating charges +€34,205
up €34,205 (+4363.8%), from €784 to €34,989
- Taxes +€5,234
up €5,234 (+49.0%), from €10,675 to €15,909
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 | €127,033 | €215,376 | +€88,344 | +69.5% |
| Fixed assets | 21/28 | €83,867 | €98,972 | +€15,105 | +18.0% |
| Tangible fixed assets | 22/27 | €34,867 | €49,972 | +€15,105 | +43.3% |
| Furniture and vehicles | 24 | €32,189 | €47,610 | +€15,420 | +47.9% |
| Other tangible fixed assets | 26 | €2,678 | €2,363 | -€315 | -11.8% |
| Financial fixed assets | 28 | €49,000 | €49,000 | = | 0.0% |
| Current assets | 29/58 | €43,166 | €116,404 | +€73,238 | +169.7% |
| Amounts receivable after more than one year | 29 | - | €27,770 | +€27,770 | |
| Other amounts receivable | 291 | - | €27,770 | +€27,770 | |
| Amounts receivable within one year | 40/41 | €10,285 | €12,100 | +€1,815 | +17.6% |
| Trade receivables | 40 | €10,285 | €12,100 | +€1,815 | +17.6% |
| Cash at bank and in hand | 54/58 | €32,881 | €76,534 | +€43,653 | +132.8% |
| Total equity and liabilities | 10/49 | €127,033 | €215,376 | +€88,344 | +69.5% |
| Equity | 10/15 | €36,269 | €95,127 | +€58,859 | +162.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €31,269 | €90,127 | +€58,859 | +188.2% |
| Distributable reserves | 133 | €31,269 | €90,127 | +€58,859 | +188.2% |
| Amounts payable | 17/49 | €90,764 | €120,249 | +€29,485 | +32.5% |
| Amounts payable after more than one year | 17 | €14,200 | €29,938 | +€15,738 | +110.8% |
| Financial debts | 170/4 | €14,200 | €29,938 | +€15,738 | +110.8% |
| Amounts payable within one year | 42/48 | €74,209 | €85,318 | +€11,109 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €10,068 | €8,439 | -€1,629 | -16.2% |
| Trade debts | 44 | €1,648 | €4,946 | +€3,298 | +200.1% |
| Suppliers | 440/4 | €1,648 | €4,946 | +€3,298 | +200.1% |
| Taxes, remuneration and social security | 45 | €17,122 | €33,649 | +€16,528 | +96.5% |
| Taxes | 450/3 | €17,122 | €33,649 | +€16,528 | +96.5% |
| Other amounts payable | 47/48 | €45,371 | €38,283 | -€7,088 | -15.6% |
| Accrued charges and deferred income | 492/3 | €2,355 | €4,994 | +€2,638 | +112.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,918 | €7,982 | -€936 | -10.5% |
| Other operating charges | 640/8 | €784 | €34,989 | +€34,205 | +4363.8% |
| Gross operating margin | 9900 | €51,704 | €122,499 | +€70,795 | +136.9% |
| Operating profit (loss) | 9901 | €42,003 | €79,528 | +€37,525 | +89.3% |
| Financial income | 75/76B | - | €593 | +€593 | |
| Recurring financial income | 75 | - | €593 | +€593 | |
| Financial charges | 65/66B | €4,851 | €5,353 | +€502 | +10.3% |
| Recurring financial charges | 65 | €4,851 | €5,353 | +€502 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | €37,151 | €74,768 | +€37,616 | +101.3% |
| Income taxes | 67/77 | €10,675 | €15,909 | +€5,234 | +49.0% |
| Profit (loss) for the period | 9904 | €26,476 | €58,859 | +€32,383 | +122.3% |
| Profit (loss) for the period to be appropriated | 9905 | €26,476 | €58,859 | +€32,383 | +122.3% |
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.