B.A.V.R.: 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.
B.A.V.R.
Largest movements
- Receivables within one year -€52,286
down €52,286 (-71.5%), from €73,131 to €20,846
of which Trade receivables: -€54,311
- Stocks and contracts -€43,007
down €43,007 (-94.5%), from €45,507 to €2,500
- Cash +€14,942
up €14,942 (+99.4%), from €15,038 to €29,980
mainly Receivables within one year (+€52,286) and Stocks and contracts (+€43,007)
- Tangible fixed assets -€6,270
down €6,270 (-32.6%), from €19,260 to €12,990
- Profit (loss) carried forward -€53,729
down €53,729, from €17,717 to -€36,013
- Other debts -€25,699
down €25,699 (-71.7%), from €35,856 to €10,156
- Debts after one year -€14,672
down €14,672 (-39.1%), from €37,507 to €22,835
- Trade debts +€5,723
up €5,723 (+57.7%), from €9,920 to €15,643
- Current portion of long-term debt +€4,013
up €4,013 (+37.7%), from €10,658 to €14,672
- Gross operating margin -€38,500
down €38,500, from €33,733 to -€4,766
- Other operating charges +€33,181
up €33,181 (+660%), from €5,026 to €38,207
- Depreciation -€6,396
down €6,396 (-68.3%), from €9,361 to €2,965
From the 30-06-2024 result to the 31-12-2024 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 30-06-2024 and 31-12-2024 balance sheets and the 31-12-2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 30-06-2024 | 31-12-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €153,012 | €66,391 | -€86,621 | -56.6% |
| Fixed assets | 21/28 | €19,335 | €13,065 | -€6,270 | -32.4% |
| Tangible fixed assets | 22/27 | €19,260 | €12,990 | -€6,270 | -32.6% |
| Furniture and vehicles | 24 | €19,260 | €12,990 | -€6,270 | -32.6% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €133,677 | €53,326 | -€80,351 | -60.1% |
| Stocks and contracts in progress | 3 | €45,507 | €2,500 | -€43,007 | -94.5% |
| Stocks | 30/36 | €45,507 | €2,500 | -€43,007 | -94.5% |
| Amounts receivable within one year | 40/41 | €73,131 | €20,846 | -€52,286 | -71.5% |
| Trade receivables | 40 | €69,317 | €15,007 | -€54,311 | -78.4% |
| Other amounts receivable | 41 | €3,814 | €5,839 | +€2,025 | +53.1% |
| Cash at bank and in hand | 54/58 | €15,038 | €29,980 | +€14,942 | +99.4% |
| Total equity and liabilities | 10/49 | €153,012 | €66,391 | -€86,621 | -56.6% |
| Equity | 10/15 | €51,980 | -€1,749 | -€53,729 | |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Reserves | 13 | €27,863 | €27,863 | = | 0.0% |
| Distributable reserves | 133 | €27,863 | €27,863 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,717 | -€36,013 | -€53,729 | |
| Amounts payable | 17/49 | €101,032 | €68,140 | -€32,892 | -32.6% |
| Amounts payable after more than one year | 17 | €37,507 | €22,835 | -€14,672 | -39.1% |
| Financial debts | 170/4 | €37,507 | €22,835 | -€14,672 | -39.1% |
| Amounts payable within one year | 42/48 | €63,525 | €45,305 | -€18,220 | -28.7% |
| Current portion of amounts payable after more than one year | 42 | €10,658 | €14,672 | +€4,013 | +37.7% |
| Trade debts | 44 | €9,920 | €15,643 | +€5,723 | +57.7% |
| Suppliers | 440/4 | €9,920 | €15,643 | +€5,723 | +57.7% |
| Taxes, remuneration and social security | 45 | €7,092 | €4,834 | -€2,257 | -31.8% |
| Taxes | 450/3 | €7,092 | €4,834 | -€2,257 | -31.8% |
| Other amounts payable | 47/48 | €35,856 | €10,156 | -€25,699 | -71.7% |
| Non-recurring operating income | 76A | €1,509 | €0 | -€1,509 | -100% |
| Remuneration, social security and pensions | 62 | €809 | €767 | -€42 | -5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,361 | €2,965 | -€6,396 | -68.3% |
| Other operating charges | 640/8 | €5,026 | €38,207 | +€33,181 | +660% |
| Gross operating margin | 9900 | €33,733 | -€4,766 | -€38,500 | |
| Operating profit (loss) | 9901 | €18,538 | -€46,704 | -€65,242 | |
| Financial income | 75/76B | €42 | €15 | -€26 | -63.5% |
| Recurring financial income | 75 | €42 | €15 | -€26 | -63.5% |
| Financial charges | 65/66B | €1,437 | €1,459 | +€23 | +1.6% |
| Recurring financial charges | 65 | €1,437 | €1,459 | +€23 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | €17,143 | -€48,148 | -€65,291 | |
| Income taxes | 67/77 | €5,267 | €5,581 | +€314 | +6.0% |
| Profit (loss) for the period | 9904 | €11,876 | -€53,729 | -€65,605 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,876 | -€53,729 | -€65,605 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.