B.V.E. TRANSPORT: 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.
B.V.E. TRANSPORT
Largest movements
- Cash +€112,982
up €112,982 (+20.6%), from €548,619 to €661,601
mainly Net result for the year (+€131,635) and Trade debts (+€52,085)
- Tangible fixed assets -€26,133
down €26,133 (-6.2%), from €421,350 to €395,218
of which Leasing and similar rights: -€26,400
- Reserves +€131,635
up €131,635 (+22.4%), from €587,319 to €718,954
of which Distributable reserves: +€131,635
- Trade debts +€52,085
up €52,085 (+1412.1%), from €3,689 to €55,774
- Other debts -€43,074
down €43,074 (-26.6%), from €162,053 to €118,979
- Debts after one year -€28,564
down €28,564 (-18.7%), from €153,097 to €124,533
- Tax, wage and social debts -€13,833
down €13,833 (-55.3%), from €25,036 to €11,203
- Gross operating margin +€25,254
up €25,254 (+11.6%), from €217,592 to €242,846
- Taxes +€7,393
up €7,393 (+13.7%), from €53,810 to €61,203
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 | €1,029,253 | €1,119,506 | +€90,253 | +8.8% |
| Fixed assets | 21/28 | €421,350 | €395,218 | -€26,133 | -6.2% |
| Tangible fixed assets | 22/27 | €421,350 | €395,218 | -€26,133 | -6.2% |
| Land and buildings | 22 | €360,157 | €349,157 | -€11,000 | -3.1% |
| Plant, machinery and equipment | 23 | €3,692 | €12,037 | +€8,346 | +226.1% |
| Furniture and vehicles | 24 | - | €2,922 | +€2,922 | |
| Leasing and similar rights | 25 | €57,501 | €31,101 | -€26,400 | -45.9% |
| Current assets | 29/58 | €607,903 | €724,289 | +€116,386 | +19.1% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €53,751 | €56,802 | +€3,051 | +5.7% |
| Trade receivables | 40 | €44,238 | €49,118 | +€4,880 | +11.0% |
| Other amounts receivable | 41 | €9,513 | €7,684 | -€1,829 | -19.2% |
| Cash at bank and in hand | 54/58 | €548,619 | €661,601 | +€112,982 | +20.6% |
| Deferred charges and accrued income | 490/1 | €533 | €886 | +€353 | +66.3% |
| Total equity and liabilities | 10/49 | €1,029,253 | €1,119,506 | +€90,253 | +8.8% |
| Equity | 10/15 | €648,819 | €780,454 | +€131,635 | +20.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €587,319 | €718,954 | +€131,635 | +22.4% |
| Non-distributable reserves | 130/1 | €48,099 | €48,099 | = | 0.0% |
| Legal reserve | 130 | €48,099 | €48,099 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,000 | €7,000 | = | 0.0% |
| Distributable reserves | 133 | €532,220 | €663,855 | +€131,635 | +24.7% |
| Amounts payable | 17/49 | €380,434 | €339,052 | -€41,381 | -10.9% |
| Amounts payable after more than one year | 17 | €153,097 | €124,533 | -€28,564 | -18.7% |
| Financial debts | 170/4 | €153,097 | €124,533 | -€28,564 | -18.7% |
| Amounts payable within one year | 42/48 | €227,337 | €214,520 | -€12,817 | -5.6% |
| Current portion of amounts payable after more than one year | 42 | €36,559 | €28,564 | -€7,995 | -21.9% |
| Trade debts | 44 | €3,689 | €55,774 | +€52,085 | +1412.1% |
| Suppliers | 440/4 | €3,689 | €55,774 | +€52,085 | +1412.1% |
| Taxes, remuneration and social security | 45 | €25,036 | €11,203 | -€13,833 | -55.3% |
| Taxes | 450/3 | €25,036 | €11,203 | -€13,833 | -55.3% |
| Other amounts payable | 47/48 | €162,053 | €118,979 | -€43,074 | -26.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,833 | €40,853 | +€20 | 0.0% |
| Other operating charges | 640/8 | €2,701 | €4,335 | +€1,634 | +60.5% |
| Gross operating margin | 9900 | €217,592 | €242,846 | +€25,254 | +11.6% |
| Operating profit (loss) | 9901 | €174,058 | €197,658 | +€23,600 | +13.6% |
| Financial income | 75/76B | €50 | €4 | -€46 | -92.4% |
| Recurring financial income | 75 | €50 | €4 | -€46 | -92.4% |
| Financial charges | 65/66B | €5,776 | €4,824 | -€951 | -16.5% |
| Recurring financial charges | 65 | €5,776 | €4,824 | -€951 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €168,332 | €192,837 | +€24,505 | +14.6% |
| Income taxes | 67/77 | €53,810 | €61,203 | +€7,393 | +13.7% |
| Profit (loss) for the period | 9904 | €114,522 | €131,635 | +€17,112 | +14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €114,522 | €131,635 | +€17,112 | +14.9% |
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.