GROUP AVEA: 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.
GROUP AVEA
Largest movements
- Cash -€28,113
down €28,113 (-48.2%), from €58,374 to €30,261
mainly Net result for the year (-€27,549) and Advances received (-€10,000)
- Receivables within one year -€9,651
down €9,651 (-20.4%), from €47,416 to €37,765
of which Other amounts receivable: -€31,611
- Deferred charges and accrued income -€2,673
down €2,673 (-72.6%), from €3,683 to €1,009
- Reserves -€27,549
down €27,549 (-31.7%), from €86,994 to €59,445
- Advances received -€10,000
no longer reported in 2025 (was €10,000)
- Tax, wage and social debts -€6,789
down €6,789 (-47.8%), from €14,191 to €7,403
of which Taxes: -€6,880
- Trade debts +€2,659
up €2,659 (+361.4%), from €736 to €3,394
- Staff costs +€55,617
up €55,617 (+537.6%), from €10,345 to €65,963
- Taxes -€11,260
no longer reported in 2025 (was €11,260)
- Gross operating margin +€4,250
up €4,250 (+7.8%), from €54,210 to €58,460
- Depreciation +€4,139
up €4,139 (+104.1%), from €3,975 to €8,114
- Financial income -€842
down €842 (-44.4%), from €1,897 to €1,055
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 | €130,121 | €88,842 | -€41,279 | -31.7% |
| Fixed assets | 21/28 | €20,649 | €19,807 | -€842 | -4.1% |
| Tangible fixed assets | 22/27 | €19,872 | €19,030 | -€842 | -4.2% |
| Plant, machinery and equipment | 23 | €17,850 | €15,485 | -€2,366 | -13.3% |
| Furniture and vehicles | 24 | €2,021 | €3,546 | +€1,524 | +75.4% |
| Financial fixed assets | 28 | €777 | €777 | = | 0.0% |
| Current assets | 29/58 | €109,473 | €69,035 | -€40,438 | -36.9% |
| Amounts receivable within one year | 40/41 | €47,416 | €37,765 | -€9,651 | -20.4% |
| Trade receivables | 40 | €8,800 | €30,760 | +€21,960 | +249.5% |
| Other amounts receivable | 41 | €38,616 | €7,005 | -€31,611 | -81.9% |
| Cash at bank and in hand | 54/58 | €58,374 | €30,261 | -€28,113 | -48.2% |
| Deferred charges and accrued income | 490/1 | €3,683 | €1,009 | -€2,673 | -72.6% |
| Total equity and liabilities | 10/49 | €130,121 | €88,842 | -€41,279 | -31.7% |
| Equity | 10/15 | €105,194 | €78,045 | -€27,149 | -25.8% |
| Contributions | 10/11 | €18,200 | €18,600 | +€400 | +2.2% |
| Reserves | 13 | €86,994 | €59,445 | -€27,549 | -31.7% |
| Distributable reserves | 133 | €86,994 | €59,445 | -€27,549 | -31.7% |
| Amounts payable | 17/49 | €24,927 | €10,797 | -€14,130 | -56.7% |
| Amounts payable within one year | 42/48 | €24,927 | €10,797 | -€14,130 | -56.7% |
| Trade debts | 44 | €736 | €3,394 | +€2,659 | +361.4% |
| Suppliers | 440/4 | €736 | €3,394 | +€2,659 | +361.4% |
| Advances received on contracts in progress | 46 | €10,000 | - | -€10,000 | |
| Taxes, remuneration and social security | 45 | €14,191 | €7,403 | -€6,789 | -47.8% |
| Taxes | 450/3 | €14,191 | €7,312 | -€6,880 | -48.5% |
| Remuneration and social security | 454/9 | - | €91 | +€91 | |
| Non-recurring operating income | 76A | - | €1,811 | +€1,811 | |
| Remuneration, social security and pensions | 62 | €10,345 | €65,963 | +€55,617 | +537.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,975 | €8,114 | +€4,139 | +104.1% |
| Other operating charges | 640/8 | €1,115 | €1,417 | +€301 | +27.0% |
| Non-recurring operating charges | 66A | - | €11,465 | +€11,465 | |
| Gross operating margin | 9900 | €54,210 | €58,460 | +€4,250 | +7.8% |
| Operating profit (loss) | 9901 | €38,775 | -€28,499 | -€67,273 | |
| Financial income | 75/76B | €1,897 | €1,055 | -€842 | -44.4% |
| Recurring financial income | 75 | €1,897 | €1,055 | -€842 | -44.4% |
| Financial charges | 65/66B | €142 | €105 | -€37 | -25.8% |
| Recurring financial charges | 65 | €142 | €105 | -€37 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €40,530 | -€27,549 | -€68,078 | |
| Income taxes | 67/77 | €11,260 | - | -€11,260 | |
| Profit (loss) for the period | 9904 | €29,269 | -€27,549 | -€56,818 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,269 | -€27,549 | -€56,818 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.