B.V. LAB: 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. LAB
Largest movements
- Tangible fixed assets -€25,263
down €25,263 (-18.1%), from €139,271 to €114,008
of which Leasing and similar rights: -€20,867
- Receivables within one year +€19,257
up €19,257 (+30.0%), from €64,267 to €83,524
of which Trade receivables: +€19,257
- Stocks and contracts -€7,389
down €7,389 (-22.3%), from €33,164 to €25,776
- Cash +€6,550
up €6,550 (+18.3%), from €35,822 to €42,372
mainly Depreciation (+€51,041) and Trade debts (+€23,753)
- Debts after one year -€50,905
down €50,905 (-59.7%), from €85,202 to €34,297
- Trade debts +€23,753
up €23,753 (+593.1%), from €4,005 to €27,758
- Current portion of long-term debt +€13,940
up €13,940 (+72.4%), from €19,244 to €33,184
- Tax, wage and social debts +€9,985
up €9,985 (+49.1%), from €20,337 to €30,321
of which Remuneration and social security: +€15,155
- Other debts -€7,384
down €7,384 (-60.1%), from €12,277 to €4,893
- Turnover +€152,239
up €152,239 (+36.2%), from €421,008 to €573,248
- Purchases and services +€121,049
up €121,049 (+45.2%), from €268,074 to €389,124
- Staff costs +€79,033
up €79,033 (+171.8%), from €46,004 to €125,038
- Gross operating margin +€34,205
up €34,205 (+21.2%), from €161,331 to €195,536
- Taxes -€10,478
down €10,478 (-68.8%), from €15,230 to €4,753
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.
Cash bridge derived
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 | €275,354 | €268,573 | -€6,781 | -2.5% |
| Fixed assets | 21/28 | €139,446 | €114,183 | -€25,263 | -18.1% |
| Tangible fixed assets | 22/27 | €139,271 | €114,008 | -€25,263 | -18.1% |
| Plant, machinery and equipment | 23 | €93,180 | €88,700 | -€4,480 | -4.8% |
| Furniture and vehicles | 24 | €4,125 | €4,705 | +€579 | +14.0% |
| Leasing and similar rights | 25 | €37,408 | €16,541 | -€20,867 | -55.8% |
| Other tangible fixed assets | 26 | €4,558 | €4,063 | -€495 | -10.9% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €135,907 | €154,389 | +€18,482 | +13.6% |
| Stocks and contracts in progress | 3 | €33,164 | €25,776 | -€7,389 | -22.3% |
| Stocks | 30/36 | €33,164 | €25,776 | -€7,389 | -22.3% |
| Amounts receivable within one year | 40/41 | €64,267 | €83,524 | +€19,257 | +30.0% |
| Trade receivables | 40 | €64,267 | €83,524 | +€19,257 | +30.0% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €35,822 | €42,372 | +€6,550 | +18.3% |
| Deferred charges and accrued income | 490/1 | €2,653 | €2,717 | +€64 | +2.4% |
| Total equity and liabilities | 10/49 | €275,354 | €268,573 | -€6,781 | -2.5% |
| Equity | 10/15 | €134,289 | €138,119 | +€3,830 | +2.9% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €122,289 | €126,119 | +€3,830 | +3.1% |
| Amounts payable | 17/49 | €141,065 | €130,454 | -€10,611 | -7.5% |
| Amounts payable after more than one year | 17 | €85,202 | €34,297 | -€50,905 | -59.7% |
| Financial debts | 170/4 | €85,202 | €34,297 | -€50,905 | -59.7% |
| Amounts payable within one year | 42/48 | €55,863 | €96,157 | +€40,294 | +72.1% |
| Current portion of amounts payable after more than one year | 42 | €19,244 | €33,184 | +€13,940 | +72.4% |
| Trade debts | 44 | €4,005 | €27,758 | +€23,753 | +593.1% |
| Suppliers | 440/4 | €4,005 | €27,758 | +€23,753 | +593.1% |
| Taxes, remuneration and social security | 45 | €20,337 | €30,321 | +€9,985 | +49.1% |
| Taxes | 450/3 | €17,943 | €12,773 | -€5,171 | -28.8% |
| Remuneration and social security | 454/9 | €2,393 | €17,549 | +€15,155 | +633.2% |
| Other amounts payable | 47/48 | €12,277 | €4,893 | -€7,384 | -60.1% |
| Turnover | 70 | €421,008 | €573,248 | +€152,239 | +36.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €268,074 | €389,124 | +€121,049 | +45.2% |
| Remuneration, social security and pensions | 62 | €46,004 | €125,038 | +€79,033 | +171.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,865 | €51,041 | +€3,176 | +6.6% |
| Other operating charges | 640/8 | €2,305 | €521 | -€1,783 | -77.4% |
| Gross operating margin | 9900 | €161,331 | €195,536 | +€34,205 | +21.2% |
| Operating profit (loss) | 9901 | €65,157 | €18,936 | -€46,221 | -70.9% |
| Financial income | 75/76B | €694 | €486 | -€207 | -29.9% |
| Recurring financial income | 75 | €6 | €486 | +€480 | +8001.7% |
| Non-recurring financial income | 76B | €688 | €486 | -€201 | -29.3% |
| Financial charges | 65/66B | €3,497 | €10,839 | +€7,342 | +210.0% |
| Recurring financial charges | 65 | €3,288 | €10,778 | +€7,490 | +227.8% |
| Non-recurring financial charges | 66B | €209 | €62 | -€148 | -70.6% |
| Profit (loss) for the period before taxes | 9903 | €62,353 | €8,583 | -€53,770 | -86.2% |
| Income taxes | 67/77 | €15,230 | €4,753 | -€10,478 | -68.8% |
| Profit (loss) for the period | 9904 | €47,123 | €3,830 | -€43,293 | -91.9% |
| Profit (loss) for the period to be appropriated | 9905 | €47,123 | €3,830 | -€43,293 | -91.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.