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AVUS: 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.

What changed

AVUS

BE 0447.017.075
NACE 68.321, Property management for co-owned buildings (syndics)
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€87,875
2023 · €133,430-€45,555
Equity
€2.0m
2023 · €2.0m+€87,875
Cash
€1.2m
2023 · €471,487+€744,202
Balance sheet total
€2.1m
2023 · €2.0m+€105,681

Largest movements

2023 to 2024
Assets
  • Cash +€744,202

    up €744,202 (+157.8%), from €471,487 to €1.2m

    mainly Current investments (+€689,345) and Net result for the year (+€87,875)

  • Current investments -€689,345

    down €689,345 (-74.3%), from €927,310 to €237,965

  • Receivables within one year +€50,302

    up €50,302 (+15.0%), from €335,057 to €385,359

    of which Other amounts receivable: +€60,285

Equity and liabilities
  • Profit (loss) carried forward +€60,726

    up €60,726, from -€60,487 to €239

  • Reserves +€27,149

    up €27,149 (+71.8%), from €37,804 to €64,953

    of which Distributable reserves: +€25,779

Income statement
  • Financial charges +€62,733

    up €62,733 (+87.0%), from -€72,081 to -€9,348

  • Financial income +€21,636

    up €21,636 (+69.8%), from €31,020 to €52,656

  • Gross operating margin -€4,566

    down €4,566 (-14.5%), from €31,467 to €26,902

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €133,430
Gross operating margin -€4,566
Other operating charges +€108
Financial income +€21,636
Financial charges -€62,733
Result 2024 €87,875

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€54,857
Investment +€689,345
Financing €0
Cash 2023 €471,487
Net result for the year +€87,875
Receivables within one year -€50,302
Smaller working-capital items -€715
Accrued charges and deferred income +€18,000
Current investments +€689,345
Cash 2024 €1.2m
Every line side by side 37 lines
Line Code 2023 2024 Change %
Total assets 20/58 €1,971,685 €2,077,366 +€105,681 +5.4%
Fixed assets 21/28 €225,951 €225,951 = 0.0%
Tangible fixed assets 22/27 €225,951 €225,951 = 0.0%
Other tangible fixed assets 26 €225,951 €225,951 = 0.0%
Current assets 29/58 €1,745,734 €1,851,414 +€105,681 +6.1%
Amounts receivable within one year 40/41 €335,057 €385,359 +€50,302 +15.0%
Trade receivables 40 €11,260 €1,277 -€9,983 -88.7%
Other amounts receivable 41 €323,797 €384,082 +€60,285 +18.6%
Current investments 50/53 €927,310 €237,965 -€689,345 -74.3%
Cash at bank and in hand 54/58 €471,487 €1,215,689 +€744,202 +157.8%
Deferred charges and accrued income 490/1 €11,881 €12,402 +€521 +4.4%
Total equity and liabilities 10/49 €1,971,685 €2,077,366 +€105,681 +5.4%
Equity 10/15 €1,960,465 €2,048,340 +€87,875 +4.5%
Contributions 10/11 €1,983,148 €1,983,148 = 0.0%
Capital 10 €1,983,148 €1,983,148 = 0.0%
Issued capital 100 €1,983,148 €1,983,148 = 0.0%
Reserves 13 €37,804 €64,953 +€27,149 +71.8%
Non-distributable reserves 130/1 €1,983 €3,353 +€1,369 +69.1%
Legal reserve 130 €1,983 €3,353 +€1,369 +69.1%
Distributable reserves 133 €35,821 €61,600 +€25,779 +72.0%
Profit (loss) carried forward 14 -€60,487 €239 +€60,726
Amounts payable 17/49 €11,220 €29,026 +€17,806 +158.7%
Amounts payable within one year 42/48 €11,220 €11,026 -€194 -1.7%
Trade debts 44 €387 €429 +€42 +10.9%
Suppliers 440/4 €387 €429 +€42 +10.9%
Other amounts payable 47/48 €10,834 €10,597 -€237 -2.2%
Accrued charges and deferred income 492/3 - €18,000 +€18,000
Other operating charges 640/8 €1,139 €1,031 -€108 -9.4%
Gross operating margin 9900 €31,467 €26,902 -€4,566 -14.5%
Operating profit (loss) 9901 €30,328 €25,870 -€4,458 -14.7%
Financial income 75/76B €31,020 €52,656 +€21,636 +69.8%
Recurring financial income 75 €31,020 €52,656 +€21,636 +69.8%
Financial charges 65/66B -€72,081 -€9,348 +€62,733 +87.0%
Recurring financial charges 65 -€72,081 -€9,348 +€62,733 +87.0%
Profit (loss) for the period before taxes 9903 €133,430 €87,875 -€45,555 -34.1%
Profit (loss) for the period 9904 €133,430 €87,875 -€45,555 -34.1%
Profit (loss) for the period to be appropriated 9905 €133,430 €87,875 -€45,555 -34.1%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.