bavis: 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.
bavis
Largest movements
- Tangible fixed assets -€14,149
down €14,149 (-91.5%), from €15,456 to €1,307
of which Furniture and vehicles: -€15,456
- Cash -€5,640
down €5,640 (-28.1%), from €20,095 to €14,455
mainly Trade debts (-€22,656) and Current portion of long-term debt (-€13,925)
- Stocks and contracts -€2,497
down €2,497 (-10.5%), from €23,710 to €21,213
- Receivables within one year +€2,281
up €2,281 (+3.3%), from €68,558 to €70,839
of which Trade receivables: +€1,431
- Trade debts -€22,656
down €22,656 (-45.0%), from €50,338 to €27,682
- Current portion of long-term debt -€13,925
down €13,925 (-94.1%), from €14,794 to €869
- Profit (loss) carried forward +€8,593
up €8,593 (+405.6%), from €2,118 to €10,712
- Tax, wage and social debts +€5,206
up €5,206 (+66.3%), from €7,850 to €13,056
- Short-term financial debts +€1,837
up €1,837 (+5.3%), from €34,738 to €36,575
- Depreciation -€10,807
down €10,807 (-43.3%), from €24,956 to €14,149
- Taxes +€2,313
up €2,313 (+53.1%), from €4,357 to €6,669
- Gross operating margin +€2,111
up €2,111 (+6.0%), from €35,254 to €37,365
- Financial income +€1,837
new in 2025: €1,837
- Financial charges +€1,420
up €1,420 (+21.7%), from €6,552 to €7,972
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 | €131,168 | €111,164 | -€20,005 | -15.3% |
| Fixed assets | 21/28 | €18,806 | €4,657 | -€14,149 | -75.2% |
| Tangible fixed assets | 22/27 | €15,456 | €1,307 | -€14,149 | -91.5% |
| Plant, machinery and equipment | 23 | - | €1,307 | +€1,307 | |
| Furniture and vehicles | 24 | €15,456 | - | -€15,456 | |
| Financial fixed assets | 28 | €3,350 | €3,350 | = | 0.0% |
| Current assets | 29/58 | €112,363 | €106,507 | -€5,856 | -5.2% |
| Stocks and contracts in progress | 3 | €23,710 | €21,213 | -€2,497 | -10.5% |
| Stocks | 30/36 | €23,710 | €21,213 | -€2,497 | -10.5% |
| Amounts receivable within one year | 40/41 | €68,558 | €70,839 | +€2,281 | +3.3% |
| Trade receivables | 40 | - | €1,431 | +€1,431 | |
| Other amounts receivable | 41 | €68,558 | €69,408 | +€850 | +1.2% |
| Cash at bank and in hand | 54/58 | €20,095 | €14,455 | -€5,640 | -28.1% |
| Total equity and liabilities | 10/49 | €131,168 | €111,164 | -€20,005 | -15.3% |
| Equity | 10/15 | €22,578 | €31,172 | +€8,593 | +38.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,118 | €10,712 | +€8,593 | +405.6% |
| Amounts payable | 17/49 | €108,590 | €79,992 | -€28,598 | -26.3% |
| Amounts payable after more than one year | 17 | €869 | - | -€869 | |
| Financial debts | 170/4 | €869 | - | -€869 | |
| Amounts payable within one year | 42/48 | €107,721 | €79,992 | -€27,729 | -25.7% |
| Current portion of amounts payable after more than one year | 42 | €14,794 | €869 | -€13,925 | -94.1% |
| Financial debts | 43 | €34,738 | €36,575 | +€1,837 | +5.3% |
| Credit institutions | 430/8 | €34,738 | €36,575 | +€1,837 | +5.3% |
| Trade debts | 44 | €50,338 | €27,682 | -€22,656 | -45.0% |
| Suppliers | 440/4 | €50,338 | €27,682 | -€22,656 | -45.0% |
| Taxes, remuneration and social security | 45 | €7,850 | €13,056 | +€5,206 | +66.3% |
| Taxes | 450/3 | €7,850 | €13,056 | +€5,206 | +66.3% |
| Other amounts payable | 47/48 | - | €1,809 | +€1,809 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,956 | €14,149 | -€10,807 | -43.3% |
| Other operating charges | 640/8 | €2,172 | €1,819 | -€353 | -16.2% |
| Gross operating margin | 9900 | €35,254 | €37,365 | +€2,111 | +6.0% |
| Operating profit (loss) | 9901 | €8,126 | €21,397 | +€13,271 | +163.3% |
| Financial income | 75/76B | - | €1,837 | +€1,837 | |
| Recurring financial income | 75 | - | €1,837 | +€1,837 | |
| Financial charges | 65/66B | €6,552 | €7,972 | +€1,420 | +21.7% |
| Recurring financial charges | 65 | €6,552 | €7,972 | +€1,420 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | €1,574 | €15,263 | +€13,689 | +869.8% |
| Income taxes | 67/77 | €4,357 | €6,669 | +€2,313 | +53.1% |
| Profit (loss) for the period | 9904 | -€2,783 | €8,593 | +€11,376 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,783 | €8,593 | +€11,376 |
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.