BAV CONSTRUCT: 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.
BAV CONSTRUCT
Largest movements
- Tangible fixed assets -€14,031
down €14,031 (-63.9%), from €21,972 to €7,941
of which Furniture and vehicles: -€13,577
- Receivables within one year -€11,963
down €11,963 (-26.8%), from €44,651 to €32,687
of which Trade receivables: -€11,059
- Cash +€3,659
up €3,659 (+10.1%), from €36,409 to €40,068
mainly Depreciation (+€14,031) and Receivables within one year (+€11,963)
- Deferred charges and accrued income +€1,628
new in 2025: €1,628
- Tax, wage and social debts -€20,839
down €20,839 (-55.3%), from €37,670 to €16,831
of which Remuneration and social security: -€18,992
- Trade debts +€4,932
up €4,932 (+13.6%), from €36,140 to €41,072
of which Suppliers: +€38,843
- Debts after one year -€3,928
down €3,928 (-65.9%), from €5,963 to €2,035
- Current portion of long-term debt -€3,258
down €3,258 (-45.3%), from €7,185 to €3,928
- Profit (loss) carried forward +€3,028
up €3,028 (+26.5%), from €11,431 to €14,459
- Turnover -€774,583
no longer reported in 2025 (was €774,583)
- Purchases and services +€196,561
up €196,561 (+26.3%), from €746,093 to €942,653
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 | €103,031 | €82,324 | -€20,707 | -20.1% |
| Fixed assets | 21/28 | €21,972 | €7,941 | -€14,031 | -63.9% |
| Tangible fixed assets | 22/27 | €21,972 | €7,941 | -€14,031 | -63.9% |
| Plant, machinery and equipment | 23 | €1,305 | €851 | -€454 | -34.8% |
| Furniture and vehicles | 24 | €20,667 | €7,089 | -€13,577 | -65.7% |
| Current assets | 29/58 | €81,060 | €74,383 | -€6,676 | -8.2% |
| Amounts receivable within one year | 40/41 | €44,651 | €32,687 | -€11,963 | -26.8% |
| Trade receivables | 40 | €43,001 | €31,941 | -€11,059 | -25.7% |
| Other amounts receivable | 41 | €1,650 | €746 | -€904 | -54.8% |
| Cash at bank and in hand | 54/58 | €36,409 | €40,068 | +€3,659 | +10.1% |
| Deferred charges and accrued income | 490/1 | - | €1,628 | +€1,628 | |
| Total equity and liabilities | 10/49 | €103,031 | €82,324 | -€20,707 | -20.1% |
| Equity | 10/15 | €15,431 | €18,459 | +€3,028 | +19.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,431 | €14,459 | +€3,028 | +26.5% |
| Amounts payable | 17/49 | €87,600 | €63,865 | -€23,735 | -27.1% |
| Amounts payable after more than one year | 17 | €5,963 | €2,035 | -€3,928 | -65.9% |
| Financial debts | 170/4 | €5,963 | €2,035 | -€3,928 | -65.9% |
| Amounts payable within one year | 42/48 | €81,638 | €61,830 | -€19,808 | -24.3% |
| Current portion of amounts payable after more than one year | 42 | €7,185 | €3,928 | -€3,258 | -45.3% |
| Trade debts | 44 | €36,140 | €41,072 | +€4,932 | +13.6% |
| Suppliers | 440/4 | €2,228 | €41,072 | +€38,843 | +1743.1% |
| Bills of exchange payable | 441 | €33,912 | - | -€33,912 | |
| Taxes, remuneration and social security | 45 | €37,670 | €16,831 | -€20,839 | -55.3% |
| Taxes | 450/3 | €6,288 | €4,441 | -€1,847 | -29.4% |
| Remuneration and social security | 454/9 | €31,382 | €12,390 | -€18,992 | -60.5% |
| Other amounts payable | 47/48 | €643 | - | -€643 | |
| Turnover | 70 | €774,583 | - | -€774,583 | |
| Goods, raw materials, services and sundry goods | 60/61 | €746,093 | €942,653 | +€196,561 | +26.3% |
| Remuneration, social security and pensions | 62 | €102 | - | -€102 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,924 | €14,031 | +€107 | +0.8% |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | €28,491 | €22,073 | -€6,418 | -22.5% |
| Operating profit (loss) | 9901 | €14,081 | €8,042 | -€6,039 | -42.9% |
| Financial income | 75/76B | €65 | €0 | -€65 | -99.9% |
| Recurring financial income | 75 | €65 | €0 | -€65 | -99.9% |
| Financial charges | 65/66B | €1,531 | €573 | -€957 | -62.5% |
| Recurring financial charges | 65 | €1,531 | €573 | -€957 | -62.5% |
| Profit (loss) for the period before taxes | 9903 | €12,616 | €7,469 | -€5,147 | -40.8% |
| Income taxes | 67/77 | €6,288 | €4,441 | -€1,847 | -29.4% |
| Profit (loss) for the period | 9904 | €6,328 | €3,028 | -€3,300 | -52.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,328 | €3,028 | -€3,300 | -52.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.