B.V.X. CONSULTANCY: 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.X. CONSULTANCY
Largest movements
- Tangible fixed assets +€217,042
up €217,042 (+56.3%), from €385,264 to €602,306
of which Land and buildings: +€220,666
- Receivables within one year +€48,893
up €48,893 (+10.9%), from €447,050 to €495,943
of which Trade receivables: +€39,435
- Cash +€33,555
up €33,555 (+242%), from €13,870 to €47,425
mainly Other debts (+€229,191) and Debts after one year (+€157,128)
- Other debts +€229,191
up €229,191 (+623%), from €36,763 to €265,954
- Debts after one year +€157,128
up €157,128 (+68.3%), from €229,973 to €387,101
- Reserves -€146,978
down €146,978 (-18.8%), from €782,475 to €635,498
of which Distributable reserves: -€146,978
- Trade debts +€38,449
up €38,449 (+128%), from €29,940 to €68,389
- Current portion of long-term debt +€25,566
up €25,566 (+47.7%), from €53,618 to €79,184
- Gross operating margin +€38,621
up €38,621 (+21.5%), from €179,310 to €217,931
- Depreciation +€29,424
up €29,424 (+225%), from €13,099 to €42,523
- Financial income +€16,670
up €16,670 (+111%), from €14,977 to €31,648
of which Non-recurring financial income: +€11,866
- Taxes +€4,846
up €4,846 (+10.2%), from €47,523 to €52,368
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.
Derived cash bridge
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 | €1,174,966 | €1,489,374 | +€314,408 | +26.8% |
| Fixed assets | 21/28 | €386,814 | €603,856 | +€217,042 | +56.1% |
| Tangible fixed assets | 22/27 | €385,264 | €602,306 | +€217,042 | +56.3% |
| Land and buildings | 22 | €358,601 | €579,266 | +€220,666 | +61.5% |
| Plant, machinery and equipment | 23 | €337 | €896 | +€558 | +166% |
| Furniture and vehicles | 24 | €26,326 | €22,144 | -€4,182 | -15.9% |
| Financial fixed assets | 28 | €1,550 | €1,550 | = | 0.0% |
| Current assets | 29/58 | €788,152 | €885,518 | +€97,365 | +12.4% |
| Amounts receivable after more than one year | 29 | €150,000 | €150,000 | = | 0.0% |
| Other amounts receivable | 291 | €150,000 | €150,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €447,050 | €495,943 | +€48,893 | +10.9% |
| Trade receivables | 40 | €27,057 | €66,492 | +€39,435 | +146% |
| Other amounts receivable | 41 | €419,993 | €429,451 | +€9,458 | +2.3% |
| Current investments | 50/53 | €175,595 | €190,375 | +€14,781 | +8.4% |
| Cash at bank and in hand | 54/58 | €13,870 | €47,425 | +€33,555 | +242% |
| Deferred charges and accrued income | 490/1 | €1,637 | €1,774 | +€137 | +8.4% |
| Total equity and liabilities | 10/49 | €1,174,966 | €1,489,374 | +€314,408 | +26.8% |
| Equity | 10/15 | €795,175 | €648,198 | -€146,978 | -18.5% |
| Contributions | 10/11 | €12,700 | €12,700 | = | 0.0% |
| Contributions outside capital | 11 | €12,700 | €12,700 | = | 0.0% |
| Other | 1109/19 | €12,700 | €12,700 | = | 0.0% |
| Reserves | 13 | €782,475 | €635,498 | -€146,978 | -18.8% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €763,725 | €616,748 | -€146,978 | -19.2% |
| Amounts payable | 17/49 | €379,791 | €841,176 | +€461,386 | +121% |
| Amounts payable after more than one year | 17 | €229,973 | €387,101 | +€157,128 | +68.3% |
| Financial debts | 170/4 | €229,973 | €387,101 | +€157,128 | +68.3% |
| Amounts payable within one year | 42/48 | €149,016 | €453,349 | +€304,333 | +204% |
| Current portion of amounts payable after more than one year | 42 | €53,618 | €79,184 | +€25,566 | +47.7% |
| Trade debts | 44 | €29,940 | €68,389 | +€38,449 | +128% |
| Suppliers | 440/4 | €29,940 | €68,389 | +€38,449 | +128% |
| Taxes, remuneration and social security | 45 | €28,695 | €39,822 | +€11,127 | +38.8% |
| Taxes | 450/3 | €28,695 | €39,822 | +€11,127 | +38.8% |
| Other amounts payable | 47/48 | €36,763 | €265,954 | +€229,191 | +623% |
| Accrued charges and deferred income | 492/3 | €802 | €726 | -€75 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,099 | €42,523 | +€29,424 | +225% |
| Other operating charges | 640/8 | €2,769 | €2,653 | -€117 | -4.2% |
| Gross operating margin | 9900 | €179,310 | €217,931 | +€38,621 | +21.5% |
| Operating profit (loss) | 9901 | €163,442 | €172,756 | +€9,313 | +5.7% |
| Financial income | 75/76B | €14,977 | €31,648 | +€16,670 | +111% |
| Recurring financial income | 75 | €11,376 | €16,180 | +€4,805 | +42.2% |
| Non-recurring financial income | 76B | €3,602 | €15,467 | +€11,866 | +329% |
| Financial charges | 65/66B | €16,276 | €16,877 | +€602 | +3.7% |
| Recurring financial charges | 65 | €16,276 | €16,877 | +€602 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €162,144 | €187,526 | +€25,382 | +15.7% |
| Income taxes | 67/77 | €47,523 | €52,368 | +€4,846 | +10.2% |
| Profit (loss) for the period | 9904 | €114,621 | €135,158 | +€20,537 | +17.9% |
| Profit (loss) for the period to be appropriated | 9905 | €114,621 | €135,158 | +€20,537 | +17.9% |
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 17 October 2026 via checked.be.