BAVDD: 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.
BAVDD
Largest movements
- Cash +€37,963
up €37,963 (+6.8%), from €560,739 to €598,702
mainly Other debts (+€467,500) and Net result for the year (+€123,299)
- Receivables within one year +€10,981
up €10,981 (+36.3%), from €30,250 to €41,231
- Other debts +€467,500
up €467,500 (+59893.7%), from €781 to €468,281
- Reserves -€427,000
down €427,000 (-74.4%), from €574,000 to €147,000
- Tax, wage and social debts +€8,145
up €8,145 (+68.7%), from €11,847 to €19,992
- Gross operating margin +€8,680
up €8,680 (+6.0%), from €145,676 to €154,356
- Taxes +€3,576
up €3,576 (+10.7%), from €33,504 to €37,080
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 | €590,989 | €639,933 | +€48,944 | +8.3% |
| Current assets | 29/58 | €590,989 | €639,933 | +€48,944 | +8.3% |
| Amounts receivable within one year | 40/41 | €30,250 | €41,231 | +€10,981 | +36.3% |
| Trade receivables | 40 | €30,250 | €41,231 | +€10,981 | +36.3% |
| Cash at bank and in hand | 54/58 | €560,739 | €598,702 | +€37,963 | +6.8% |
| Total equity and liabilities | 10/49 | €590,989 | €639,933 | +€48,944 | +8.3% |
| Equity | 10/15 | €576,031 | €149,330 | -€426,701 | -74.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €574,000 | €147,000 | -€427,000 | -74.4% |
| Distributable reserves | 133 | €574,000 | €147,000 | -€427,000 | -74.4% |
| Profit (loss) carried forward | 14 | €31 | €330 | +€299 | +974.1% |
| Amounts payable | 17/49 | €14,958 | €490,603 | +€475,645 | +3179.8% |
| Amounts payable within one year | 42/48 | €14,958 | €490,603 | +€475,645 | +3179.8% |
| Trade debts | 44 | €2,330 | €2,330 | = | 0.0% |
| Suppliers | 440/4 | €2,330 | €2,330 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €11,847 | €19,992 | +€8,145 | +68.7% |
| Taxes | 450/3 | €11,847 | €19,992 | +€8,145 | +68.7% |
| Other amounts payable | 47/48 | €781 | €468,281 | +€467,500 | +59893.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €461 | - | -€461 | |
| Other operating charges | 640/8 | €64 | €66 | +€2 | +3.0% |
| Gross operating margin | 9900 | €145,676 | €154,356 | +€8,680 | +6.0% |
| Operating profit (loss) | 9901 | €145,151 | €154,290 | +€9,139 | +6.3% |
| Financial income | 75/76B | €6,057 | €6,140 | +€82 | +1.4% |
| Recurring financial income | 75 | €6,057 | €6,140 | +€82 | +1.4% |
| Financial charges | 65/66B | €373 | €51 | -€322 | -86.2% |
| Recurring financial charges | 65 | €373 | €51 | -€322 | -86.2% |
| Profit (loss) for the period before taxes | 9903 | €150,836 | €160,379 | +€9,543 | +6.3% |
| Income taxes | 67/77 | €33,504 | €37,080 | +€3,576 | +10.7% |
| Profit (loss) for the period | 9904 | €117,332 | €123,299 | +€5,967 | +5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €117,332 | €123,299 | +€5,967 | +5.1% |
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 11 October 2026 via checked.be.