B&V Pops: 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 Pops
Largest movements
- Tangible fixed assets +€70,121
up €70,121 (+6.2%), from €1.1m to €1.2m
of which Plant, machinery and equipment: +€94,307
- Receivables within one year -€28,621
down €28,621 (-6.5%), from €442,693 to €414,071
of which Other amounts receivable: -€43,001
- Reserves +€82,580
up €82,580 (+15.1%), from €546,077 to €628,657
- Short-term financial debts -€39,571
down €39,571 (-26.4%), from €150,000 to €110,429
- Debts after one year -€24,434
down €24,434 (-4.7%), from €519,084 to €494,650
- Current portion of long-term debt +€23,685
up €23,685 (+19.3%), from €122,748 to €146,433
- Trade debts -€21,240
down €21,240 (-25.6%), from €82,896 to €61,656
- Gross operating margin +€143,199
up €143,199 (+14.6%), from €979,347 to €1.1m
- Staff costs +€93,094
up €93,094 (+12.8%), from €730,138 to €823,232
- Depreciation +€31,088
up €31,088 (+51.8%), from €60,015 to €91,103
- Taxes +€18,559
up €18,559 (+41.5%), from €44,738 to €63,297
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 | €1,637,558 | €1,678,845 | +€41,287 | +2.5% |
| Fixed assets | 21/28 | €1,169,662 | €1,239,783 | +€70,121 | +6.0% |
| Tangible fixed assets | 22/27 | €1,134,279 | €1,204,400 | +€70,121 | +6.2% |
| Land and buildings | 22 | €695,315 | €671,185 | -€24,130 | -3.5% |
| Plant, machinery and equipment | 23 | €426,974 | €521,281 | +€94,307 | +22.1% |
| Furniture and vehicles | 24 | €11,990 | €11,934 | -€56 | -0.5% |
| Financial fixed assets | 28 | €35,383 | €35,383 | = | 0.0% |
| Current assets | 29/58 | €467,896 | €439,063 | -€28,833 | -6.2% |
| Amounts receivable within one year | 40/41 | €442,693 | €414,071 | -€28,621 | -6.5% |
| Trade receivables | 40 | €250,846 | €265,225 | +€14,379 | +5.7% |
| Other amounts receivable | 41 | €191,847 | €148,846 | -€43,001 | -22.4% |
| Cash at bank and in hand | 54/58 | €18,578 | €14,836 | -€3,742 | -20.1% |
| Deferred charges and accrued income | 490/1 | €6,626 | €10,156 | +€3,530 | +53.3% |
| Total equity and liabilities | 10/49 | €1,637,558 | €1,678,845 | +€41,287 | +2.5% |
| Equity | 10/15 | €552,277 | €634,857 | +€82,580 | +15.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €546,077 | €628,657 | +€82,580 | +15.1% |
| Distributable reserves | 133 | €546,077 | €628,657 | +€82,580 | +15.1% |
| Amounts payable | 17/49 | €1,085,281 | €1,043,988 | -€41,293 | -3.8% |
| Amounts payable after more than one year | 17 | €519,084 | €494,650 | -€24,434 | -4.7% |
| Financial debts | 170/4 | €519,084 | €494,650 | -€24,434 | -4.7% |
| Amounts payable within one year | 42/48 | €551,641 | €533,509 | -€18,131 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €122,748 | €146,433 | +€23,685 | +19.3% |
| Financial debts | 43 | €150,000 | €110,429 | -€39,571 | -26.4% |
| Credit institutions | 430/8 | €150,000 | €110,429 | -€39,571 | -26.4% |
| Trade debts | 44 | €82,896 | €61,656 | -€21,240 | -25.6% |
| Suppliers | 440/4 | €82,896 | €61,656 | -€21,240 | -25.6% |
| Taxes, remuneration and social security | 45 | €195,997 | €214,992 | +€18,995 | +9.7% |
| Taxes | 450/3 | €51,927 | €66,033 | +€14,107 | +27.2% |
| Remuneration and social security | 454/9 | €144,070 | €148,959 | +€4,888 | +3.4% |
| Accrued charges and deferred income | 492/3 | €14,557 | €15,829 | +€1,273 | +8.7% |
| Non-recurring operating income | 76A | €23,242 | €6,365 | -€16,877 | -72.6% |
| Remuneration, social security and pensions | 62 | €730,138 | €823,232 | +€93,094 | +12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,015 | €91,103 | +€31,088 | +51.8% |
| Other operating charges | 640/8 | €17,185 | €11,701 | -€5,484 | -31.9% |
| Gross operating margin | 9900 | €979,347 | €1,122,546 | +€143,199 | +14.6% |
| Operating profit (loss) | 9901 | €172,008 | €196,510 | +€24,501 | +14.2% |
| Financial income | 75/76B | €11,762 | €8,361 | -€3,401 | -28.9% |
| Recurring financial income | 75 | €11,762 | €8,361 | -€3,401 | -28.9% |
| Financial charges | 65/66B | €24,461 | €28,993 | +€4,532 | +18.5% |
| Recurring financial charges | 65 | €24,461 | €28,993 | +€4,532 | +18.5% |
| Profit (loss) for the period before taxes | 9903 | €159,309 | €175,878 | +€16,568 | +10.4% |
| Income taxes | 67/77 | €44,738 | €63,297 | +€18,559 | +41.5% |
| Profit (loss) for the period | 9904 | €114,571 | €112,580 | -€1,991 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €114,571 | €112,580 | -€1,991 | -1.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2023 and 30 November 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.