AVUZ: 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.
AVUZ
Largest movements
- Stocks and contracts +€16,212
up €16,212 (+407%), from €3,979 to €20,192
of which Contracts in progress: +€12,025
- Deferred charges and accrued income -€14,000
down €14,000 (-97.6%), from €14,344 to €344
- Receivables within one year -€10,410
down €10,410 (-31.6%), from €32,968 to €22,558
of which Other amounts receivable: -€20,155
- Cash +€9,894
up €9,894 (+152%), from €6,518 to €16,413
mainly Deferred charges and accrued income (+€14,000) and Receivables within one year (+€10,410)
- Tangible fixed assets -€5,268
down €5,268 (-14.4%), from €36,634 to €31,366
of which Plant, machinery and equipment: -€33,461
- Tax, wage and social debts -€9,335
down €9,335 (-72.8%), from €12,816 to €3,481
- Trade debts +€5,449
up €5,449 (+43.4%), from €12,552 to €18,001
- Gross operating margin -€5,856
down €5,856 (-37.1%), from €15,801 to €9,946
- Financial charges -€1,646
down €1,646 (-77.8%), from €2,117 to €471
- Taxes +€980
up €980 (+54.6%), from €1,794 to €2,774
- Other operating charges -€710
down €710 (-27.0%), from €2,627 to €1,917
- Staff costs -€575
no longer reported in 2025 (was €575)
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 | €96,319 | €92,748 | -€3,571 | -3.7% |
| Fixed assets | 21/28 | €38,509 | €33,241 | -€5,268 | -13.7% |
| Tangible fixed assets | 22/27 | €36,634 | €31,366 | -€5,268 | -14.4% |
| Plant, machinery and equipment | 23 | €36,220 | €2,759 | -€33,461 | -92.4% |
| Furniture and vehicles | 24 | €414 | €28,607 | +€28,194 | +6,814% |
| Financial fixed assets | 28 | €1,875 | €1,875 | = | 0.0% |
| Current assets | 29/58 | €57,810 | €59,507 | +€1,697 | +2.9% |
| Stocks and contracts in progress | 3 | €3,979 | €20,192 | +€16,212 | +407% |
| Stocks | 30/36 | €3,979 | €8,167 | +€4,187 | +105% |
| Contracts in progress | 37 | - | €12,025 | +€12,025 | |
| Amounts receivable within one year | 40/41 | €32,968 | €22,558 | -€10,410 | -31.6% |
| Trade receivables | 40 | €5,558 | €15,303 | +€9,745 | +175% |
| Other amounts receivable | 41 | €27,410 | €7,256 | -€20,155 | -73.5% |
| Cash at bank and in hand | 54/58 | €6,518 | €16,413 | +€9,894 | +152% |
| Deferred charges and accrued income | 490/1 | €14,344 | €344 | -€14,000 | -97.6% |
| Total equity and liabilities | 10/49 | €96,319 | €92,748 | -€3,571 | -3.7% |
| Equity | 10/15 | €70,951 | €71,266 | +€315 | +0.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €47,276 | €47,276 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | - | -€2,000 | |
| Reserves not available under the articles | 1311 | €2,000 | - | -€2,000 | |
| Distributable reserves | 133 | €45,276 | €47,276 | +€2,000 | +4.4% |
| Profit (loss) carried forward | 14 | €3,674 | €3,990 | +€315 | +8.6% |
| Amounts payable | 17/49 | €25,368 | €21,482 | -€3,886 | -15.3% |
| Amounts payable within one year | 42/48 | €25,368 | €21,482 | -€3,886 | -15.3% |
| Trade debts | 44 | €12,552 | €18,001 | +€5,449 | +43.4% |
| Suppliers | 440/4 | €12,552 | €18,001 | +€5,449 | +43.4% |
| Taxes, remuneration and social security | 45 | €12,816 | €3,481 | -€9,335 | -72.8% |
| Taxes | 450/3 | €12,816 | €3,481 | -€9,335 | -72.8% |
| Remuneration, social security and pensions | 62 | €575 | - | -€575 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,471 | €6,321 | -€150 | -2.3% |
| Other operating charges | 640/8 | €2,627 | €1,917 | -€710 | -27.0% |
| Gross operating margin | 9900 | €15,801 | €9,946 | -€5,856 | -37.1% |
| Operating profit (loss) | 9901 | €6,129 | €1,708 | -€4,421 | -72.1% |
| Financial income | 75/76B | €1,456 | €1,853 | +€396 | +27.2% |
| Recurring financial income | 75 | €1,456 | €1,853 | +€396 | +27.2% |
| Financial charges | 65/66B | €2,117 | €471 | -€1,646 | -77.8% |
| Recurring financial charges | 65 | €2,117 | €471 | -€1,646 | -77.8% |
| Profit (loss) for the period before taxes | 9903 | €5,468 | €3,090 | -€2,379 | -43.5% |
| Income taxes | 67/77 | €1,794 | €2,774 | +€980 | +54.6% |
| Profit (loss) for the period | 9904 | €3,674 | €315 | -€3,359 | -91.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,674 | €315 | -€3,359 | -91.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.