B-VK Trading: 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-VK Trading
Largest movements
- Receivables within one year +€467,725
up €467,725 (+1,462%), from €31,989 to €499,715
of which Trade receivables: +€465,015
- Stocks and contracts -€170,000
down €170,000 (-100%), from €170,000 to €0
- Cash +€5,641
up €5,641 (+11.5%), from €48,905 to €54,546
mainly Stocks and contracts (+€170,000) and Trade debts (+€159,620)
- Trade debts +€159,620
up €159,620 (+819%), from €19,495 to €179,115
- Short-term financial debts +€149,666
up €149,666 (+1,448%), from €10,334 to €160,000
- Debts after one year -€60,000
down €60,000 (-100%), from €60,000 to €0
- Other debts +€47,000
up €47,000 (+1,567%), from €3,000 to €50,000
- Reserves +€16,221
up €16,221 (+11.1%), from €145,576 to €161,797
- Gross operating margin +€44,124
up €44,124 (+84.7%), from €52,124 to €96,248
- Taxes +€11,551
up €11,551 (+107%), from €10,821 to €22,372
- Financial charges -€4,624
down €4,624 (-40.5%), from €11,410 to €6,786
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 | €251,664 | €555,912 | +€304,248 | +121% |
| Fixed assets | 21/28 | - | €122 | +€122 | |
| Financial fixed assets | 28 | - | €122 | +€122 | |
| Current assets | 29/58 | €251,664 | €555,790 | +€304,126 | +121% |
| Stocks and contracts in progress | 3 | €170,000 | €0 | -€170,000 | -100% |
| Stocks | 30/36 | €170,000 | €0 | -€170,000 | -100% |
| Amounts receivable within one year | 40/41 | €31,989 | €499,715 | +€467,725 | +1,462% |
| Trade receivables | 40 | - | €465,015 | +€465,015 | |
| Other amounts receivable | 41 | €31,989 | €34,700 | +€2,710 | +8.5% |
| Cash at bank and in hand | 54/58 | €48,905 | €54,546 | +€5,641 | +11.5% |
| Deferred charges and accrued income | 490/1 | €770 | €1,530 | +€760 | +98.7% |
| Total equity and liabilities | 10/49 | €251,664 | €555,912 | +€304,248 | +121% |
| Equity | 10/15 | €150,576 | €166,797 | +€16,221 | +10.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €145,576 | €161,797 | +€16,221 | +11.1% |
| Distributable reserves | 133 | €145,576 | €161,797 | +€16,221 | +11.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €101,089 | €389,115 | +€288,026 | +285% |
| Amounts payable after more than one year | 17 | €60,000 | €0 | -€60,000 | -100% |
| Financial debts | 170/4 | €60,000 | €0 | -€60,000 | -100% |
| Amounts payable within one year | 42/48 | €41,089 | €389,115 | +€348,026 | +847% |
| Financial debts | 43 | €10,334 | €160,000 | +€149,666 | +1,448% |
| Credit institutions | 430/8 | €10,334 | €160,000 | +€149,666 | +1,448% |
| Trade debts | 44 | €19,495 | €179,115 | +€159,620 | +819% |
| Suppliers | 440/4 | €19,495 | €179,115 | +€159,620 | +819% |
| Taxes, remuneration and social security | 45 | €8,259 | €0 | -€8,259 | -100% |
| Taxes | 450/3 | €8,259 | €0 | -€8,259 | -100% |
| Other amounts payable | 47/48 | €3,000 | €50,000 | +€47,000 | +1,567% |
| Other operating charges | 640/8 | €613 | €869 | +€256 | +41.7% |
| Gross operating margin | 9900 | €52,124 | €96,248 | +€44,124 | +84.7% |
| Operating profit (loss) | 9901 | €51,511 | €95,379 | +€43,868 | +85.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €11,410 | €6,786 | -€4,624 | -40.5% |
| Recurring financial charges | 65 | €11,410 | €6,786 | -€4,624 | -40.5% |
| Profit (loss) for the period before taxes | 9903 | €40,101 | €88,593 | +€48,492 | +121% |
| Income taxes | 67/77 | €10,821 | €22,372 | +€11,551 | +107% |
| Profit (loss) for the period | 9904 | €29,280 | €66,221 | +€36,941 | +126% |
| Profit (loss) for the period to be appropriated | 9905 | €29,280 | €66,221 | +€36,941 | +126% |
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 21 October 2026 via checked.be.