B.V.A. CONCEPT: 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.V.A. CONCEPT
Largest movements
- Receivables within one year -€43,120
down €43,120 (-17.9%), from €241,072 to €197,952
of which Trade receivables: -€110,708
- Tangible fixed assets +€7,144
new in 2024: €7,144
- Trade debts -€69,679
down €69,679 (-45.0%), from €154,690 to €85,011
of which Bills of exchange payable: -€68,245
- Profit (loss) carried forward +€31,596
up €31,596 (+49.6%), from €63,664 to €95,260
- Tax, wage and social debts +€3,950
up €3,950 (+20.0%), from €19,714 to €23,664
- Depreciation +€3,571
new in 2024: €3,571
- Taxes +€1,301
up €1,301 (+11.4%), from €11,449 to €12,750
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 | €242,067 | €207,935 | -€34,133 | -14.1% |
| Fixed assets | 21/28 | - | €7,144 | +€7,144 | |
| Tangible fixed assets | 22/27 | - | €7,144 | +€7,144 | |
| Furniture and vehicles | 24 | - | €7,144 | +€7,144 | |
| Current assets | 29/58 | €242,067 | €200,791 | -€41,276 | -17.1% |
| Amounts receivable within one year | 40/41 | €241,072 | €197,952 | -€43,120 | -17.9% |
| Trade receivables | 40 | €200,288 | €89,580 | -€110,708 | -55.3% |
| Other amounts receivable | 41 | €40,784 | €108,372 | +€67,588 | +166% |
| Cash at bank and in hand | 54/58 | €995 | €2,839 | +€1,844 | +185% |
| Total equity and liabilities | 10/49 | €242,067 | €207,935 | -€34,133 | -14.1% |
| Equity | 10/15 | €67,664 | €99,260 | +€31,596 | +46.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,664 | €95,260 | +€31,596 | +49.6% |
| Amounts payable | 17/49 | €174,404 | €108,675 | -€65,728 | -37.7% |
| Amounts payable within one year | 42/48 | €174,404 | €108,675 | -€65,728 | -37.7% |
| Trade debts | 44 | €154,690 | €85,011 | -€69,679 | -45.0% |
| Suppliers | 440/4 | €1,434 | - | -€1,434 | |
| Bills of exchange payable | 441 | €153,256 | €85,011 | -€68,245 | -44.5% |
| Taxes, remuneration and social security | 45 | €19,714 | €23,664 | +€3,950 | +20.0% |
| Taxes | 450/3 | €19,714 | €23,664 | +€3,950 | +20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,571 | +€3,571 | |
| Other operating charges | 640/8 | €596 | €926 | +€330 | +55.3% |
| Gross operating margin | 9900 | €49,018 | €49,318 | +€301 | +0.6% |
| Operating profit (loss) | 9901 | €48,421 | €44,821 | -€3,600 | -7.4% |
| Financial charges | 65/66B | €359 | €475 | +€116 | +32.2% |
| Recurring financial charges | 65 | €359 | €475 | +€116 | +32.2% |
| Profit (loss) for the period before taxes | 9903 | €48,062 | €44,346 | -€3,716 | -7.7% |
| Income taxes | 67/77 | €11,449 | €12,750 | +€1,301 | +11.4% |
| Profit (loss) for the period | 9904 | €36,613 | €31,596 | -€5,017 | -13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €36,613 | €31,596 | -€5,017 | -13.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.