BAVO en Co: 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.
BAVO en Co
Largest movements
- Tangible fixed assets -€19,128
down €19,128 (-6.0%), from €317,772 to €298,644
- Debts after one year -€11,541
down €11,541 (-4.4%), from €261,747 to €250,206
of which Financial debts: -€11,541
- Other debts +€6,850
up €6,850 (+10.1%), from €67,730 to €74,580
- Current portion of long-term debt -€6,028
down €6,028 (-34.3%), from €17,569 to €11,541
- Profit (loss) carried forward -€5,913
down €5,913 (-15.0%), from -€39,319 to -€45,232
- Accrued charges and deferred income -€5,400
down €5,400 (-100%), from €5,400 to €0
- Depreciation -€1,016
down €1,016 (-5.0%), from €20,144 to €19,128
- Financial charges -€682
down €682 (-14.0%), from €4,871 to €4,190
- Gross operating margin -€537
down €537 (-2.2%), from €23,922 to €23,385
- Other operating charges -€434
down €434 (-6.8%), from €6,414 to €5,980
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 | €333,620 | €311,588 | -€22,032 | -6.6% |
| Fixed assets | 21/28 | €317,772 | €298,644 | -€19,128 | -6.0% |
| Tangible fixed assets | 22/27 | €317,772 | €298,644 | -€19,128 | -6.0% |
| Land and buildings | 22 | €317,772 | €298,644 | -€19,128 | -6.0% |
| Current assets | 29/58 | €15,848 | €12,944 | -€2,904 | -18.3% |
| Cash at bank and in hand | 54/58 | €9,563 | €8,025 | -€1,538 | -16.1% |
| Deferred charges and accrued income | 490/1 | €6,285 | €4,920 | -€1,366 | -21.7% |
| Total equity and liabilities | 10/49 | €333,620 | €311,588 | -€22,032 | -6.6% |
| Equity | 10/15 | -€18,827 | -€24,740 | -€5,913 | -31.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,319 | -€45,232 | -€5,913 | -15.0% |
| Amounts payable | 17/49 | €352,446 | €336,327 | -€16,119 | -4.6% |
| Amounts payable after more than one year | 17 | €261,747 | €250,206 | -€11,541 | -4.4% |
| Financial debts | 170/4 | €187,851 | €176,310 | -€11,541 | -6.1% |
| Other amounts payable | 178/9 | €73,897 | €73,897 | = | 0.0% |
| Amounts payable within one year | 42/48 | €85,299 | €86,121 | +€822 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €17,569 | €11,541 | -€6,028 | -34.3% |
| Other amounts payable | 47/48 | €67,730 | €74,580 | +€6,850 | +10.1% |
| Accrued charges and deferred income | 492/3 | €5,400 | €0 | -€5,400 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,144 | €19,128 | -€1,016 | -5.0% |
| Other operating charges | 640/8 | €6,414 | €5,980 | -€434 | -6.8% |
| Gross operating margin | 9900 | €23,922 | €23,385 | -€537 | -2.2% |
| Operating profit (loss) | 9901 | -€2,636 | -€1,723 | +€913 | +34.6% |
| Financial charges | 65/66B | €4,871 | €4,190 | -€682 | -14.0% |
| Recurring financial charges | 65 | €4,871 | €4,190 | -€682 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,508 | -€5,913 | +€1,595 | +21.2% |
| Profit (loss) for the period | 9904 | -€7,508 | -€5,913 | +€1,595 | +21.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,508 | -€5,913 | +€1,595 | +21.2% |
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 20 October 2026 via checked.be.