AYVDK: 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.
AYVDK
Largest movements
- Tangible fixed assets -€69,519
down €69,519 (-5.3%), from €1.3m to €1.2m
of which Land and buildings: -€81,628
- Cash -€67,813
down €67,813 (-34.6%), from €195,872 to €128,059
mainly Net result for the year (-€106,335) and Current investments (-€48,005)
- Current investments +€48,005
up €48,005 (+24.0%), from €200,000 to €248,005
- Profit (loss) carried forward -€106,335
down €106,335 (-100%), from -€106,077 to -€212,412
- Other debts +€19,526
up €19,526 (+3.2%), from €602,184 to €621,710
- Provisions -€160,000
no longer reported in 2024 (was €160,000)
- Taxes +€32,827
up €32,827 (+111,810%), from €29 to €32,857
- Gross operating margin +€9,113
up €9,113 (+33.9%), from €26,865 to €35,978
- Depreciation +€4,511
up €4,511 (+4.6%), from €97,534 to €102,044
- Financial income +€4,160
up €4,160 (+2,103%), from €198 to €4,358
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,710,563 | €1,621,790 | -€88,773 | -5.2% |
| Fixed assets | 21/28 | €1,312,626 | €1,243,107 | -€69,519 | -5.3% |
| Tangible fixed assets | 22/27 | €1,312,626 | €1,243,107 | -€69,519 | -5.3% |
| Land and buildings | 22 | €1,193,639 | €1,112,011 | -€81,628 | -6.8% |
| Plant, machinery and equipment | 23 | €118,987 | €102,167 | -€16,820 | -14.1% |
| Furniture and vehicles | 24 | - | €28,929 | +€28,929 | |
| Current assets | 29/58 | €397,937 | €378,683 | -€19,254 | -4.8% |
| Amounts receivable within one year | 40/41 | €2,065 | €2,620 | +€555 | +26.9% |
| Trade receivables | 40 | €471 | €1,782 | +€1,311 | +278% |
| Other amounts receivable | 41 | €1,594 | €838 | -€756 | -47.5% |
| Current investments | 50/53 | €200,000 | €248,005 | +€48,005 | +24.0% |
| Cash at bank and in hand | 54/58 | €195,872 | €128,059 | -€67,813 | -34.6% |
| Total equity and liabilities | 10/49 | €1,710,563 | €1,621,790 | -€88,773 | -5.2% |
| Equity | 10/15 | €945,602 | €839,267 | -€106,335 | -11.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Contributions outside capital | 11 | €62,000 | €62,000 | = | 0.0% |
| Other | 1109/19 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €989,679 | €989,679 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €83,479 | €83,479 | = | 0.0% |
| Distributable reserves | 133 | €900,000 | €900,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,077 | -€212,412 | -€106,335 | -100% |
| Provisions and deferred taxes | 16 | €160,000 | €160,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €160,000 | €160,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €160,000 | €160,000 | = | 0.0% |
| Amounts payable | 17/49 | €604,961 | €622,523 | +€17,562 | +2.9% |
| Amounts payable within one year | 42/48 | €604,961 | €622,523 | +€17,562 | +2.9% |
| Trade debts | 44 | €2,701 | - | -€2,701 | |
| Suppliers | 440/4 | €2,701 | - | -€2,701 | |
| Taxes, remuneration and social security | 45 | €76 | €813 | +€737 | +965% |
| Taxes | 450/3 | €76 | €813 | +€737 | +965% |
| Other amounts payable | 47/48 | €602,184 | €621,710 | +€19,526 | +3.2% |
| Non-recurring operating income | 76A | - | €2,893 | +€2,893 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,534 | €102,044 | +€4,511 | +4.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €160,000 | - | -€160,000 | |
| Other operating charges | 640/8 | €11,310 | €11,610 | +€301 | +2.7% |
| Gross operating margin | 9900 | €26,865 | €35,978 | +€9,113 | +33.9% |
| Operating profit (loss) | 9901 | -€241,978 | -€77,676 | +€164,302 | +67.9% |
| Financial income | 75/76B | €198 | €4,358 | +€4,160 | +2,103% |
| Recurring financial income | 75 | €198 | €4,358 | +€4,160 | +2,103% |
| Financial charges | 65/66B | €137 | €159 | +€23 | +16.7% |
| Recurring financial charges | 65 | €137 | €159 | +€23 | +16.7% |
| Profit (loss) for the period before taxes | 9903 | -€241,917 | -€73,478 | +€168,439 | +69.6% |
| Income taxes | 67/77 | €29 | €32,857 | +€32,827 | +111,810% |
| Profit (loss) for the period | 9904 | -€241,946 | -€106,335 | +€135,612 | +56.1% |
| Transfer from tax-exempt reserves | 789 | €7,452 | - | -€7,452 | |
| Profit (loss) for the period to be appropriated | 9905 | -€234,495 | -€106,335 | +€128,160 | +54.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.