BaVanec Consult: 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.
BaVanec Consult
Largest movements
- Cash +€21,499
up €21,499 (+54.6%), from €39,411 to €60,910
mainly Net result for the year (+€47,666) and Other debts (+€36,938)
- Tangible fixed assets +€1,503
up €1,503 (+90.7%), from €1,657 to €3,160
of which Other tangible fixed assets: +€2,555
- Other debts +€36,938
up €36,938 (+852.4%), from €4,333 to €41,272
- Profit (loss) carried forward -€16,334
down €16,334 (-55.7%), from €29,326 to €12,992
- Tax, wage and social debts +€3,636
up €3,636 (+257.1%), from €1,414 to €5,050
- Trade debts -€1,712
no longer reported in 2025 (was €1,712)
- Gross operating margin +€32,093
up €32,093 (+85.9%), from €37,380 to €69,474
- Taxes +€9,628
up €9,628 (+121.6%), from €7,914 to €17,542
- Financial charges +€1,090
up €1,090 (+83.5%), from €1,306 to €2,396
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 | €41,786 | €64,314 | +€22,528 | +53.9% |
| Fixed assets | 21/28 | €1,657 | €3,160 | +€1,503 | +90.7% |
| Tangible fixed assets | 22/27 | €1,657 | €3,160 | +€1,503 | +90.7% |
| Furniture and vehicles | 24 | €1,657 | €605 | -€1,052 | -63.5% |
| Other tangible fixed assets | 26 | - | €2,555 | +€2,555 | |
| Current assets | 29/58 | €40,129 | €61,153 | +€21,025 | +52.4% |
| Cash at bank and in hand | 54/58 | €39,411 | €60,910 | +€21,499 | +54.6% |
| Deferred charges and accrued income | 490/1 | €717 | €243 | -€474 | -66.1% |
| Total equity and liabilities | 10/49 | €41,786 | €64,314 | +€22,528 | +53.9% |
| Equity | 10/15 | €34,326 | €17,992 | -€16,334 | -47.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,326 | €12,992 | -€16,334 | -55.7% |
| Amounts payable | 17/49 | €7,460 | €46,322 | +€38,862 | +520.9% |
| Amounts payable within one year | 42/48 | €7,460 | €46,322 | +€38,862 | +520.9% |
| Trade debts | 44 | €1,712 | - | -€1,712 | |
| Suppliers | 440/4 | €1,712 | - | -€1,712 | |
| Taxes, remuneration and social security | 45 | €1,414 | €5,050 | +€3,636 | +257.1% |
| Taxes | 450/3 | €1,414 | €5,050 | +€3,636 | +257.1% |
| Other amounts payable | 47/48 | €4,333 | €41,272 | +€36,938 | +852.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,122 | €1,358 | +€236 | +21.0% |
| Other operating charges | 640/8 | €853 | €747 | -€106 | -12.4% |
| Gross operating margin | 9900 | €37,380 | €69,474 | +€32,093 | +85.9% |
| Operating profit (loss) | 9901 | €35,405 | €67,369 | +€31,964 | +90.3% |
| Financial income | 75/76B | €35 | €236 | +€201 | +574.5% |
| Recurring financial income | 75 | €35 | €236 | +€201 | +574.5% |
| Financial charges | 65/66B | €1,306 | €2,396 | +€1,090 | +83.5% |
| Recurring financial charges | 65 | €1,306 | €2,396 | +€1,090 | +83.5% |
| Profit (loss) for the period before taxes | 9903 | €34,134 | €65,209 | +€31,074 | +91.0% |
| Income taxes | 67/77 | €7,914 | €17,542 | +€9,628 | +121.6% |
| Profit (loss) for the period | 9904 | €26,220 | €47,666 | +€21,447 | +81.8% |
| Profit (loss) for the period to be appropriated | 9905 | €26,220 | €47,666 | +€21,447 | +81.8% |
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 10 October 2026 via checked.be.