B.B.V. GROUP: 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.B.V. GROUP
Largest movements
- Receivables within one year +€97,856
up €97,856 (+9.6%), from €1.0m to €1.1m
of which Trade receivables: +€60,646
- Cash -€30,658
down €30,658 (-42.7%), from €71,768 to €41,110
mainly Receivables within one year (-€97,856) and Tax, wage and social debts (-€28,213)
- Tangible fixed assets -€15,869
down €15,869 (-28.8%), from €55,032 to €39,164
of which Furniture and vehicles: -€13,461
- Stocks and contracts +€15,000
up €15,000 (+99.7%), from €15,048 to €30,048
- Trade debts +€44,993
up €44,993 (+32.6%), from €138,012 to €183,004
- Other debts +€29,338
up €29,338 (+9.2%), from €318,292 to €347,630
- Tax, wage and social debts -€28,213
down €28,213 (-58.4%), from €48,292 to €20,079
of which Remuneration and social security: -€20,299
- Profit (loss) carried forward +€20,212
up €20,212 (+3.1%), from €652,807 to €673,019
- Turnover -€154,733
down €154,733 (-6.0%), from €2.6m to €2.4m
- Gross operating margin -€124,989
down €124,989 (-20.0%), from €624,816 to €499,828
- Staff costs -€87,434
down €87,434 (-17.4%), from €503,167 to €415,733
- Purchases and services -€29,744
down €29,744 (-1.5%), from €2.0m to €1.9m
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 | €1,165,763 | €1,232,093 | +€66,330 | +5.7% |
| Fixed assets | 21/28 | €56,032 | €40,164 | -€15,869 | -28.3% |
| Tangible fixed assets | 22/27 | €55,032 | €39,164 | -€15,869 | -28.8% |
| Plant, machinery and equipment | 23 | €7,674 | €5,266 | -€2,408 | -31.4% |
| Furniture and vehicles | 24 | €47,359 | €33,898 | -€13,461 | -28.4% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €1,109,731 | €1,191,929 | +€82,198 | +7.4% |
| Stocks and contracts in progress | 3 | €15,048 | €30,048 | +€15,000 | +99.7% |
| Stocks | 30/36 | €15,048 | €30,048 | +€15,000 | +99.7% |
| Amounts receivable within one year | 40/41 | €1,022,915 | €1,120,771 | +€97,856 | +9.6% |
| Trade receivables | 40 | €970,679 | €1,031,325 | +€60,646 | +6.2% |
| Other amounts receivable | 41 | €52,235 | €89,446 | +€37,210 | +71.2% |
| Cash at bank and in hand | 54/58 | €71,768 | €41,110 | -€30,658 | -42.7% |
| Total equity and liabilities | 10/49 | €1,165,763 | €1,232,093 | +€66,330 | +5.7% |
| Equity | 10/15 | €661,167 | €681,379 | +€20,212 | +3.1% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €652,807 | €673,019 | +€20,212 | +3.1% |
| Amounts payable | 17/49 | €504,596 | €550,713 | +€46,118 | +9.1% |
| Amounts payable within one year | 42/48 | €504,596 | €550,713 | +€46,118 | +9.1% |
| Trade debts | 44 | €138,012 | €183,004 | +€44,993 | +32.6% |
| Suppliers | 440/4 | €138,012 | €183,004 | +€44,993 | +32.6% |
| Taxes, remuneration and social security | 45 | €48,292 | €20,079 | -€28,213 | -58.4% |
| Taxes | 450/3 | €22,713 | €14,799 | -€7,914 | -34.8% |
| Remuneration and social security | 454/9 | €25,579 | €5,280 | -€20,299 | -79.4% |
| Other amounts payable | 47/48 | €318,292 | €347,630 | +€29,338 | +9.2% |
| Turnover | 70 | €2,589,943 | €2,435,210 | -€154,733 | -6.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,965,127 | €1,935,382 | -€29,744 | -1.5% |
| Remuneration, social security and pensions | 62 | €503,167 | €415,733 | -€87,434 | -17.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,316 | €19,828 | -€6,488 | -24.7% |
| Other operating charges | 640/8 | €19,781 | €11,146 | -€8,635 | -43.7% |
| Gross operating margin | 9900 | €624,816 | €499,828 | -€124,989 | -20.0% |
| Operating profit (loss) | 9901 | €75,552 | €53,121 | -€22,431 | -29.7% |
| Financial income | 75/76B | €22 | €1 | -€21 | -94.1% |
| Recurring financial income | 75 | €22 | €1 | -€21 | -94.1% |
| Financial charges | 65/66B | €4,798 | €2,905 | -€1,893 | -39.5% |
| Recurring financial charges | 65 | €4,798 | €2,905 | -€1,893 | -39.5% |
| Profit (loss) for the period before taxes | 9903 | €70,776 | €50,217 | -€20,559 | -29.0% |
| Income taxes | 67/77 | €17,749 | €30,005 | +€12,256 | +69.0% |
| Profit (loss) for the period | 9904 | €53,027 | €20,212 | -€32,815 | -61.9% |
| Profit (loss) for the period to be appropriated | 9905 | €53,027 | €20,212 | -€32,815 | -61.9% |
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 25 October 2026 via checked.be.