AVVIMA: 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.
AVVIMA
Largest movements
- Cash +€55,955
up €55,955 (+74.1%), from €75,556 to €131,511
mainly Net result for the year (+€29,716) and Depreciation (+€15,343)
- Tangible fixed assets -€13,686
down €13,686 (-28.2%), from €48,502 to €34,816
- Receivables within one year +€5,013
new in 2025: €5,013
- Profit (loss) carried forward +€29,716
up €29,716 (+123%), from €24,091 to €53,807
- Tax, wage and social debts +€7,727
up €7,727 (+72.3%), from €10,683 to €18,410
- Other debts +€5,702
up €5,702 (+89.1%), from €6,396 to €12,097
- Trade debts +€4,137
up €4,137 (+1,068%), from €387 to €4,525
- Gross operating margin +€22,501
up €22,501 (+54.5%), from €41,297 to €63,797
- Taxes +€7,582
up €7,582 (+184%), from €4,125 to €11,707
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 | €124,058 | €171,340 | +€47,282 | +38.1% |
| Fixed assets | 21/28 | €48,502 | €34,816 | -€13,686 | -28.2% |
| Tangible fixed assets | 22/27 | €48,502 | €34,816 | -€13,686 | -28.2% |
| Furniture and vehicles | 24 | €48,502 | €34,816 | -€13,686 | -28.2% |
| Current assets | 29/58 | €75,556 | €136,524 | +€60,968 | +80.7% |
| Amounts receivable within one year | 40/41 | - | €5,013 | +€5,013 | |
| Trade receivables | 40 | - | €5,013 | +€5,013 | |
| Cash at bank and in hand | 54/58 | €75,556 | €131,511 | +€55,955 | +74.1% |
| Total equity and liabilities | 10/49 | €124,058 | €171,340 | +€47,282 | +38.1% |
| Equity | 10/15 | €26,591 | €56,307 | +€29,716 | +112% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,091 | €53,807 | +€29,716 | +123% |
| Amounts payable | 17/49 | €97,466 | €115,033 | +€17,567 | +18.0% |
| Amounts payable after more than one year | 17 | €80,000 | €80,000 | = | 0.0% |
| Financial debts | 170/4 | €80,000 | €80,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €17,466 | €35,033 | +€17,567 | +101% |
| Trade debts | 44 | €387 | €4,525 | +€4,137 | +1,068% |
| Suppliers | 440/4 | €387 | €4,525 | +€4,137 | +1,068% |
| Taxes, remuneration and social security | 45 | €10,683 | €18,410 | +€7,727 | +72.3% |
| Taxes | 450/3 | €10,683 | €18,410 | +€7,727 | +72.3% |
| Other amounts payable | 47/48 | €6,396 | €12,097 | +€5,702 | +89.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,852 | €15,343 | +€491 | +3.3% |
| Other operating charges | 640/8 | €951 | €879 | -€72 | -7.6% |
| Gross operating margin | 9900 | €41,297 | €63,797 | +€22,501 | +54.5% |
| Operating profit (loss) | 9901 | €25,494 | €47,575 | +€22,082 | +86.6% |
| Financial charges | 65/66B | €6,461 | €6,153 | -€308 | -4.8% |
| Recurring financial charges | 65 | €6,461 | €6,153 | -€308 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €19,033 | €41,422 | +€22,389 | +118% |
| Income taxes | 67/77 | €4,125 | €11,707 | +€7,582 | +184% |
| Profit (loss) for the period | 9904 | €14,908 | €29,716 | +€14,808 | +99.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,908 | €29,716 | +€14,808 | +99.3% |
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 26 October 2026 via checked.be.