AVTEX EUROPE: 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.
AVTEX EUROPE
Largest movements
- Stocks and contracts +€198,709
up €198,709 (+173%), from €115,039 to €313,748
- Receivables within one year +€71,713
up €71,713 (+57.0%), from €125,737 to €197,450
- Cash +€49,176
up €49,176 (+72.1%), from €68,202 to €117,378
mainly Trade debts (+€219,754) and Net result for the year (+€73,700)
- Trade debts +€219,754
up €219,754 (+83.7%), from €262,480 to €482,235
- Reserves +€72,136
new in 2025: €72,136
- Tax, wage and social debts +€29,998
up €29,998 (+754%), from €3,979 to €33,976
- Gross operating margin +€100,844
up €100,844, from -€1,247 to €99,596
- Taxes +€24,791
new in 2025: €24,791
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 | €314,959 | €638,411 | +€323,452 | +103% |
| Fixed assets | 21/28 | €5,056 | €8,378 | +€3,322 | +65.7% |
| Tangible fixed assets | 22/27 | €1,256 | €4,578 | +€3,322 | +265% |
| Plant, machinery and equipment | 23 | - | €3,602 | +€3,602 | |
| Furniture and vehicles | 24 | €1,256 | €976 | -€280 | -22.3% |
| Financial fixed assets | 28 | €3,800 | €3,800 | = | 0.0% |
| Current assets | 29/58 | €309,903 | €630,033 | +€320,130 | +103% |
| Stocks and contracts in progress | 3 | €115,039 | €313,748 | +€198,709 | +173% |
| Stocks | 30/36 | €115,039 | €313,748 | +€198,709 | +173% |
| Amounts receivable within one year | 40/41 | €125,737 | €197,450 | +€71,713 | +57.0% |
| Trade receivables | 40 | €125,737 | €197,450 | +€71,713 | +57.0% |
| Cash at bank and in hand | 54/58 | €68,202 | €117,378 | +€49,176 | +72.1% |
| Deferred charges and accrued income | 490/1 | €925 | €1,457 | +€532 | +57.5% |
| Total equity and liabilities | 10/49 | €314,959 | €638,411 | +€323,452 | +103% |
| Equity | 10/15 | €28,436 | €102,136 | +€73,700 | +259% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | - | €72,136 | +€72,136 | |
| Distributable reserves | 133 | - | €72,136 | +€72,136 | |
| Profit (loss) carried forward | 14 | -€1,564 | €0 | +€1,564 | |
| Amounts payable | 17/49 | €286,523 | €536,275 | +€249,752 | +87.2% |
| Amounts payable within one year | 42/48 | €286,523 | €536,275 | +€249,752 | +87.2% |
| Trade debts | 44 | €262,480 | €482,235 | +€219,754 | +83.7% |
| Suppliers | 440/4 | €262,480 | €482,235 | +€219,754 | +83.7% |
| Taxes, remuneration and social security | 45 | €3,979 | €33,976 | +€29,998 | +754% |
| Taxes | 450/3 | €3,979 | €33,976 | +€29,998 | +754% |
| Other amounts payable | 47/48 | €20,064 | €20,064 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €142 | €678 | +€536 | +377% |
| Other operating charges | 640/8 | €60 | €126 | +€66 | +110% |
| Gross operating margin | 9900 | -€1,247 | €99,596 | +€100,844 | |
| Operating profit (loss) | 9901 | -€1,449 | €98,793 | +€100,242 | |
| Financial income | 75/76B | - | €68 | +€68 | |
| Recurring financial income | 75 | - | €68 | +€68 | |
| Financial charges | 65/66B | €115 | €370 | +€255 | +223% |
| Recurring financial charges | 65 | €115 | €370 | +€255 | +223% |
| Profit (loss) for the period before taxes | 9903 | -€1,564 | €98,490 | +€100,054 | |
| Income taxes | 67/77 | - | €24,791 | +€24,791 | |
| Profit (loss) for the period | 9904 | -€1,564 | €73,700 | +€75,264 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,564 | €73,700 | +€75,264 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.