B.V. HOLDING: 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. HOLDING
Largest movements
- Cash +€4,294
up €4,294 (+14.3%), from €29,996 to €34,290
mainly Net result for the year (+€23,933) and Other debts (+€13,888)
- Receivables within one year +€3,954
up €3,954 (+16.3%), from €24,261 to €28,216
of which Trade receivables: +€8,582
- Tangible fixed assets -€1,107
down €1,107 (-40.7%), from €2,717 to €1,611
- Other debts +€13,888
up €13,888 (+63.8%), from €21,762 to €35,651
- Profit (loss) carried forward -€4,067
down €4,067 (-98.6%), from €4,125 to €58
- Tax, wage and social debts -€1,196
down €1,196 (-20.4%), from €5,871 to €4,675
- Current portion of long-term debt -€1,191
down €1,191 (-30.6%), from €3,890 to €2,699
- Short-term financial debts -€739
down €739 (-57.3%), from €1,289 to €550
- Gross operating margin +€7,256
up €7,256 (+24.0%), from €30,280 to €37,535
- Taxes +€1,999
up €1,999 (+29.1%), from €6,880 to €8,878
- Financial charges +€1,527
up €1,527 (+193.7%), from €788 to €2,315
- Other operating charges +€760
up €760 (+135.4%), from €562 to €1,322
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 | €58,178 | €65,400 | +€7,222 | +12.4% |
| Fixed assets | 21/28 | €3,707 | €2,601 | -€1,107 | -29.9% |
| Tangible fixed assets | 22/27 | €2,717 | €1,611 | -€1,107 | -40.7% |
| Furniture and vehicles | 24 | €2,717 | €1,611 | -€1,107 | -40.7% |
| Financial fixed assets | 28 | €990 | €990 | = | 0.0% |
| Current assets | 29/58 | €54,471 | €62,799 | +€8,329 | +15.3% |
| Amounts receivable within one year | 40/41 | €24,261 | €28,216 | +€3,954 | +16.3% |
| Trade receivables | 40 | €19,634 | €28,216 | +€8,582 | +43.7% |
| Other amounts receivable | 41 | €4,627 | - | -€4,627 | |
| Cash at bank and in hand | 54/58 | €29,996 | €34,290 | +€4,294 | +14.3% |
| Deferred charges and accrued income | 490/1 | €214 | €294 | +€80 | +37.4% |
| Total equity and liabilities | 10/49 | €58,178 | €65,400 | +€7,222 | +12.4% |
| Equity | 10/15 | €24,530 | €20,463 | -€4,067 | -16.6% |
| Contributions | 10/11 | €20,405 | €20,405 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,125 | €58 | -€4,067 | -98.6% |
| Amounts payable | 17/49 | €33,649 | €44,937 | +€11,288 | +33.5% |
| Amounts payable within one year | 42/48 | €33,649 | €44,937 | +€11,288 | +33.5% |
| Current portion of amounts payable after more than one year | 42 | €3,890 | €2,699 | -€1,191 | -30.6% |
| Financial debts | 43 | €1,289 | €550 | -€739 | -57.3% |
| Credit institutions | 430/8 | €1,289 | €550 | -€739 | -57.3% |
| Trade debts | 44 | €836 | €1,362 | +€525 | +62.8% |
| Suppliers | 440/4 | €836 | €1,362 | +€525 | +62.8% |
| Taxes, remuneration and social security | 45 | €5,871 | €4,675 | -€1,196 | -20.4% |
| Taxes | 450/3 | €5,871 | €4,675 | -€1,196 | -20.4% |
| Other amounts payable | 47/48 | €21,762 | €35,651 | +€13,888 | +63.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,059 | €1,107 | +€48 | +4.5% |
| Other operating charges | 640/8 | €562 | €1,322 | +€760 | +135.4% |
| Gross operating margin | 9900 | €30,280 | €37,535 | +€7,256 | +24.0% |
| Operating profit (loss) | 9901 | €28,660 | €35,107 | +€6,447 | +22.5% |
| Financial income | 75/76B | €24 | €20 | -€4 | -16.0% |
| Recurring financial income | 75 | €24 | €20 | -€4 | -16.0% |
| Financial charges | 65/66B | €788 | €2,315 | +€1,527 | +193.7% |
| Recurring financial charges | 65 | €788 | €2,315 | +€1,527 | +193.7% |
| Profit (loss) for the period before taxes | 9903 | €27,895 | €32,812 | +€4,916 | +17.6% |
| Income taxes | 67/77 | €6,880 | €8,878 | +€1,999 | +29.1% |
| Profit (loss) for the period | 9904 | €21,016 | €23,933 | +€2,917 | +13.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,016 | €23,933 | +€2,917 | +13.9% |
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 12 October 2026 via checked.be.