AvSkills: 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.
AvSkills
Largest movements
- Cash +€190,050
up €190,050 (+43.3%), from €438,583 to €628,633
mainly Net result for the year (+€176,253) and Trade debts (+€9,573)
- Receivables within one year +€10,943
up €10,943 (+62.4%), from €17,533 to €28,476
of which Trade receivables: +€12,804
- Reserves +€174,253
up €174,253 (+43.3%), from €402,400 to €576,653
- Trade debts +€9,573
up €9,573 (+2,473%), from €387 to €9,960
- Tax, wage and social debts +€7,869
up €7,869 (+206%), from €3,818 to €11,687
of which Taxes: +€7,869
- Gross operating margin +€86,404
up €86,404 (+59.5%), from €145,206 to €231,610
- Taxes +€24,104
up €24,104 (+75.2%), from €32,071 to €56,175
- Financial income +€3,845
up €3,845 (+21,113%), from €18 to €3,863
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 | €463,449 | €660,046 | +€196,597 | +42.4% |
| Fixed assets | 21/28 | €1,805 | €462 | -€1,343 | -74.4% |
| Intangible fixed assets | 21 | €822 | - | -€822 | |
| Tangible fixed assets | 22/27 | €983 | €462 | -€522 | -53.1% |
| Plant, machinery and equipment | 23 | €983 | €462 | -€522 | -53.1% |
| Current assets | 29/58 | €461,644 | €659,584 | +€197,941 | +42.9% |
| Amounts receivable within one year | 40/41 | €17,533 | €28,476 | +€10,943 | +62.4% |
| Trade receivables | 40 | €14,395 | €27,198 | +€12,804 | +88.9% |
| Other amounts receivable | 41 | €3,138 | €1,278 | -€1,860 | -59.3% |
| Cash at bank and in hand | 54/58 | €438,583 | €628,633 | +€190,050 | +43.3% |
| Deferred charges and accrued income | 490/1 | €5,528 | €2,475 | -€3,053 | -55.2% |
| Total equity and liabilities | 10/49 | €463,449 | €660,046 | +€196,597 | +42.4% |
| Equity | 10/15 | €452,400 | €626,653 | +€174,253 | +38.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €402,400 | €576,653 | +€174,253 | +43.3% |
| Distributable reserves | 133 | €402,400 | €576,653 | +€174,253 | +43.3% |
| Amounts payable | 17/49 | €11,049 | €33,393 | +€22,344 | +202% |
| Amounts payable within one year | 42/48 | €11,049 | €33,393 | +€22,344 | +202% |
| Trade debts | 44 | €387 | €9,960 | +€9,573 | +2,473% |
| Suppliers | 440/4 | €387 | €9,960 | +€9,573 | +2,473% |
| Taxes, remuneration and social security | 45 | €3,818 | €11,687 | +€7,869 | +206% |
| Taxes | 450/3 | €1,718 | €9,587 | +€7,869 | +458% |
| Remuneration and social security | 454/9 | €2,100 | €2,100 | = | 0.0% |
| Other amounts payable | 47/48 | €6,844 | €11,746 | +€4,902 | +71.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,343 | €1,343 | = | 0.0% |
| Other operating charges | 640/8 | €286 | €435 | +€149 | +52.3% |
| Gross operating margin | 9900 | €145,206 | €231,610 | +€86,404 | +59.5% |
| Operating profit (loss) | 9901 | €143,577 | €229,832 | +€86,255 | +60.1% |
| Financial income | 75/76B | €18 | €3,863 | +€3,845 | +21,113% |
| Recurring financial income | 75 | €18 | €3,863 | +€3,845 | +21,113% |
| Financial charges | 65/66B | €1,036 | €1,266 | +€231 | +22.3% |
| Recurring financial charges | 65 | €1,036 | €1,266 | +€231 | +22.3% |
| Profit (loss) for the period before taxes | 9903 | €142,560 | €232,428 | +€89,869 | +63.0% |
| Income taxes | 67/77 | €32,071 | €56,175 | +€24,104 | +75.2% |
| Profit (loss) for the period | 9904 | €110,489 | €176,253 | +€65,765 | +59.5% |
| Profit (loss) for the period to be appropriated | 9905 | €110,489 | €176,253 | +€65,765 | +59.5% |
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 18 October 2026 via checked.be.