B & V CONSULT: 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 CONSULT
Largest movements
- Tangible fixed assets -€214,900
down €214,900 (-20.0%), from €1.1m to €859,259
of which Land and buildings: -€210,328
- Receivables within one year -€17,407
down €17,407 (-52.7%), from €33,037 to €15,629
of which Trade receivables: -€10,458
- Cash +€13,704
up €13,704 (+168.7%), from €8,123 to €21,828
mainly Investment in fixed assets (net) (+€179,241) and Debts after one year (+€77,457)
- Current portion of long-term debt -€184,755
down €184,755 (-62.6%), from €295,086 to €110,331
- Other debts -€124,923
down €124,923 (-89.7%), from €139,318 to €14,395
- Debts after one year +€77,457
up €77,457 (+15.6%), from €496,585 to €574,042
of which Other amounts payable: +€128,038
- Reserves +€27,960
up €27,960 (+17.3%), from €162,040 to €190,000
- Accrued charges and deferred income -€14,639
down €14,639 (-98.1%), from €14,925 to €287
- Gross operating margin +€13,496
up €13,496 (+15.2%), from €88,646 to €102,142
- Financial charges -€2,474
down €2,474 (-12.6%), from €19,584 to €17,110
- Depreciation +€1,835
up €1,835 (+5.4%), from €33,824 to €35,659
- Taxes +€1,145
up €1,145 (+13.7%), from €8,333 to €9,479
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 | €1,118,736 | €899,420 | -€219,316 | -19.6% |
| Fixed assets | 21/28 | €1,074,159 | €859,259 | -€214,900 | -20.0% |
| Tangible fixed assets | 22/27 | €1,074,159 | €859,259 | -€214,900 | -20.0% |
| Land and buildings | 22 | €1,058,332 | €848,004 | -€210,328 | -19.9% |
| Furniture and vehicles | 24 | €15,827 | €11,255 | -€4,572 | -28.9% |
| Current assets | 29/58 | €44,577 | €40,161 | -€4,416 | -9.9% |
| Stocks and contracts in progress | 3 | €2,717 | €0 | -€2,717 | -100.0% |
| Stocks | 30/36 | €2,717 | €0 | -€2,717 | -100.0% |
| Amounts receivable within one year | 40/41 | €33,037 | €15,629 | -€17,407 | -52.7% |
| Trade receivables | 40 | €20,198 | €9,741 | -€10,458 | -51.8% |
| Other amounts receivable | 41 | €12,839 | €5,889 | -€6,950 | -54.1% |
| Cash at bank and in hand | 54/58 | €8,123 | €21,828 | +€13,704 | +168.7% |
| Deferred charges and accrued income | 490/1 | €699 | €2,704 | +€2,005 | +286.8% |
| Total equity and liabilities | 10/49 | €1,118,736 | €899,420 | -€219,316 | -19.6% |
| Equity | 10/15 | €163,209 | €191,089 | +€27,879 | +17.1% |
| Contributions | 10/11 | €400 | €400 | = | 0.0% |
| Reserves | 13 | €162,040 | €190,000 | +€27,960 | +17.3% |
| Distributable reserves | 133 | €162,040 | €190,000 | +€27,960 | +17.3% |
| Profit (loss) carried forward | 14 | €769 | €689 | -€81 | -10.5% |
| Amounts payable | 17/49 | €955,526 | €708,331 | -€247,195 | -25.9% |
| Amounts payable after more than one year | 17 | €496,585 | €574,042 | +€77,457 | +15.6% |
| Financial debts | 170/4 | €496,585 | €446,004 | -€50,581 | -10.2% |
| Other amounts payable | 178/9 | - | €128,038 | +€128,038 | |
| Amounts payable within one year | 42/48 | €444,016 | €134,002 | -€310,014 | -69.8% |
| Current portion of amounts payable after more than one year | 42 | €295,086 | €110,331 | -€184,755 | -62.6% |
| Trade debts | 44 | €90 | €1,189 | +€1,099 | +1220.9% |
| Suppliers | 440/4 | €90 | €1,189 | +€1,099 | +1220.9% |
| Taxes, remuneration and social security | 45 | €9,522 | €8,087 | -€1,434 | -15.1% |
| Taxes | 450/3 | €9,522 | €8,087 | -€1,434 | -15.1% |
| Other amounts payable | 47/48 | €139,318 | €14,395 | -€124,923 | -89.7% |
| Accrued charges and deferred income | 492/3 | €14,925 | €287 | -€14,639 | -98.1% |
| Non-recurring operating income | 76A | - | €15,000 | +€15,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,824 | €35,659 | +€1,835 | +5.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €10,344 | €11,264 | +€920 | +8.9% |
| Gross operating margin | 9900 | €88,646 | €102,142 | +€13,496 | +15.2% |
| Operating profit (loss) | 9901 | €44,479 | €55,220 | +€10,741 | +24.1% |
| Financial income | 75/76B | €758 | €908 | +€150 | +19.8% |
| Recurring financial income | 75 | €758 | €908 | +€150 | +19.8% |
| Financial charges | 65/66B | €19,584 | €17,110 | -€2,474 | -12.6% |
| Recurring financial charges | 65 | €19,584 | €17,110 | -€2,474 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €25,653 | €39,018 | +€13,365 | +52.1% |
| Income taxes | 67/77 | €8,333 | €9,479 | +€1,145 | +13.7% |
| Profit (loss) for the period | 9904 | €17,320 | €29,539 | +€12,220 | +70.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,320 | €29,539 | +€12,220 | +70.6% |
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 9 October 2026 via checked.be.