B.V.S.: 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.S.
Largest movements
- Tangible fixed assets -€8,820
down €8,820 (-32.1%), from €27,473 to €18,653
- Deferred charges and accrued income +€1,266
new in 2025: €1,266
- Profit (loss) carried forward -€8,561
down €8,561 (-13.8%), from -€61,871 to -€70,432
- Other debts +€1,100
up €1,100 (+1.4%), from €76,468 to €77,568
- Trade debts +€1,049
up €1,049 (+93.4%), from €1,123 to €2,172
- Tax, wage and social debts -€824
down €824 (-61.8%), from €1,334 to €510
- Financial charges -€1,491
down €1,491 (-25.8%), from €5,770 to €4,279
- Gross operating margin +€874
up €874 (+13.7%), from €6,369 to €7,243
- Other operating charges -€537
down €537 (-23.6%), from €2,271 to €1,734
- Taxes +€484
up €484 (+99.4%), from €487 to €971
- Depreciation -€104
down €104 (-1.2%), from €8,924 to €8,820
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 | €37,505 | €30,269 | -€7,236 | -19.3% |
| Fixed assets | 21/28 | €27,473 | €18,653 | -€8,820 | -32.1% |
| Tangible fixed assets | 22/27 | €27,473 | €18,653 | -€8,820 | -32.1% |
| Furniture and vehicles | 24 | €27,473 | €18,653 | -€8,820 | -32.1% |
| Current assets | 29/58 | €10,032 | €11,616 | +€1,584 | +15.8% |
| Amounts receivable within one year | 40/41 | €2,288 | €2,269 | -€19 | -0.8% |
| Trade receivables | 40 | €2,288 | €2,269 | -€19 | -0.8% |
| Cash at bank and in hand | 54/58 | €7,744 | €8,081 | +€337 | +4.4% |
| Deferred charges and accrued income | 490/1 | - | €1,266 | +€1,266 | |
| Total equity and liabilities | 10/49 | €37,505 | €30,269 | -€7,236 | -19.3% |
| Equity | 10/15 | -€41,420 | -€49,981 | -€8,561 | -20.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,851 | €1,851 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,851 | €1,851 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,851 | €1,851 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,871 | -€70,432 | -€8,561 | -13.8% |
| Amounts payable | 17/49 | €78,925 | €80,250 | +€1,325 | +1.7% |
| Amounts payable within one year | 42/48 | €78,925 | €80,250 | +€1,325 | +1.7% |
| Trade debts | 44 | €1,123 | €2,172 | +€1,049 | +93.4% |
| Suppliers | 440/4 | €1,123 | €2,172 | +€1,049 | +93.4% |
| Taxes, remuneration and social security | 45 | €1,334 | €510 | -€824 | -61.8% |
| Taxes | 450/3 | €1,334 | €510 | -€824 | -61.8% |
| Other amounts payable | 47/48 | €76,468 | €77,568 | +€1,100 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,924 | €8,820 | -€104 | -1.2% |
| Other operating charges | 640/8 | €2,271 | €1,734 | -€537 | -23.6% |
| Gross operating margin | 9900 | €6,369 | €7,243 | +€874 | +13.7% |
| Operating profit (loss) | 9901 | -€4,826 | -€3,311 | +€1,515 | +31.4% |
| Financial charges | 65/66B | €5,770 | €4,279 | -€1,491 | -25.8% |
| Recurring financial charges | 65 | €5,770 | €4,279 | -€1,491 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | -€10,596 | -€7,590 | +€3,006 | +28.4% |
| Income taxes | 67/77 | €487 | €971 | +€484 | +99.4% |
| Profit (loss) for the period | 9904 | -€11,083 | -€8,561 | +€2,522 | +22.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,083 | -€8,561 | +€2,522 | +22.8% |
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 7 October 2026 via checked.be.