AWICO: 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.
AWICO
Largest movements
- Receivables within one year +€28,111
up €28,111 (+581.3%), from €4,836 to €32,947
of which Trade receivables: +€30,657
- Tangible fixed assets -€4,956
down €4,956 (-20.5%), from €24,120 to €19,164
- Cash -€4,515
down €4,515 (-4.0%), from €112,442 to €107,927
mainly Receivables within one year (-€28,111) and Tax, wage and social debts (-€8,382)
- Profit (loss) carried forward +€26,743
up €26,743 (+50.2%), from -€53,292 to -€26,549
- Tax, wage and social debts -€8,382
down €8,382 (-49.7%), from €16,863 to €8,481
of which Taxes: -€8,382
- Gross operating margin +€83,230
up €83,230, from -€49,865 to €33,366
- Depreciation +€3,660
up €3,660 (+157.6%), from €2,322 to €5,982
- Financial charges -€877
down €877 (-80.9%), from €1,084 to €207
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.
Cash bridge derived
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 | €142,419 | €160,344 | +€17,925 | +12.6% |
| Fixed assets | 21/28 | €24,120 | €19,164 | -€4,956 | -20.5% |
| Tangible fixed assets | 22/27 | €24,120 | €19,164 | -€4,956 | -20.5% |
| Furniture and vehicles | 24 | €24,120 | €19,164 | -€4,956 | -20.5% |
| Current assets | 29/58 | €118,299 | €141,180 | +€22,881 | +19.3% |
| Amounts receivable within one year | 40/41 | €4,836 | €32,947 | +€28,111 | +581.3% |
| Trade receivables | 40 | €1,446 | €32,103 | +€30,657 | +2120.0% |
| Other amounts receivable | 41 | €3,390 | €844 | -€2,546 | -75.1% |
| Cash at bank and in hand | 54/58 | €112,442 | €107,927 | -€4,515 | -4.0% |
| Deferred charges and accrued income | 490/1 | €1,021 | €306 | -€715 | -70.0% |
| Total equity and liabilities | 10/49 | €142,419 | €160,344 | +€17,925 | +12.6% |
| Equity | 10/15 | €123,392 | €150,135 | +€26,743 | +21.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €158,091 | €158,091 | = | 0.0% |
| Distributable reserves | 133 | €158,091 | €158,091 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,292 | -€26,549 | +€26,743 | +50.2% |
| Amounts payable | 17/49 | €19,027 | €10,209 | -€8,818 | -46.3% |
| Amounts payable within one year | 42/48 | €19,027 | €10,209 | -€8,818 | -46.3% |
| Financial debts | 43 | €356 | €46 | -€310 | -87.2% |
| Credit institutions | 430/8 | €356 | €46 | -€310 | -87.2% |
| Trade debts | 44 | €80 | €367 | +€287 | +358.8% |
| Suppliers | 440/4 | €80 | €367 | +€287 | +358.8% |
| Taxes, remuneration and social security | 45 | €16,863 | €8,481 | -€8,382 | -49.7% |
| Taxes | 450/3 | €16,863 | €8,481 | -€8,382 | -49.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,728 | €1,315 | -€412 | -23.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,322 | €5,982 | +€3,660 | +157.6% |
| Other operating charges | 640/8 | €387 | €861 | +€474 | +122.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€49,865 | €33,366 | +€83,230 | |
| Operating profit (loss) | 9901 | -€52,574 | €26,522 | +€79,096 | |
| Financial income | 75/76B | €381 | €594 | +€213 | +56.0% |
| Recurring financial income | 75 | €381 | €594 | +€213 | +56.0% |
| Financial charges | 65/66B | €1,084 | €207 | -€877 | -80.9% |
| Recurring financial charges | 65 | €1,084 | €207 | -€877 | -80.9% |
| Profit (loss) for the period before taxes | 9903 | -€53,278 | €26,908 | +€80,186 | |
| Income taxes | 67/77 | €175 | €165 | -€10 | -5.6% |
| Profit (loss) for the period | 9904 | -€53,453 | €26,743 | +€80,196 | |
| Profit (loss) for the period to be appropriated | 9905 | -€53,453 | €26,743 | +€80,196 |
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 12 October 2026 via checked.be.