BCRV: 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.
BCRV
Largest movements
- Cash +€142,891
up €142,891 (+153.8%), from €92,899 to €235,790
mainly Net result for the year (+€89,408) and Receivables within one year (+€46,369)
- Receivables within one year -€46,369
down €46,369 (-23.3%), from €198,977 to €152,608
of which Other amounts receivable: -€27,795
- Reserves +€88,000
up €88,000 (+32.5%), from €271,000 to €359,000
- Tax, wage and social debts +€8,694
up €8,694 (+188.4%), from €4,615 to €13,309
- Gross operating margin +€16,961
up €16,961 (+16.0%), from €106,048 to €123,009
- Taxes +€8,509
up €8,509 (+30.6%), from €27,793 to €36,302
- Depreciation -€5,634
no longer reported in 2025 (was €5,634)
- Financial income +€2,074
up €2,074 (+158.9%), from €1,305 to €3,379
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 | €292,006 | €388,496 | +€96,490 | +33.0% |
| Current assets | 29/58 | €292,006 | €388,496 | +€96,490 | +33.0% |
| Amounts receivable within one year | 40/41 | €198,977 | €152,608 | -€46,369 | -23.3% |
| Trade receivables | 40 | €48,562 | €29,988 | -€18,574 | -38.2% |
| Other amounts receivable | 41 | €150,415 | €122,620 | -€27,795 | -18.5% |
| Cash at bank and in hand | 54/58 | €92,899 | €235,790 | +€142,891 | +153.8% |
| Deferred charges and accrued income | 490/1 | €130 | €98 | -€32 | -24.6% |
| Total equity and liabilities | 10/49 | €292,006 | €388,496 | +€96,490 | +33.0% |
| Equity | 10/15 | €283,051 | €372,459 | +€89,408 | +31.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €271,000 | €359,000 | +€88,000 | +32.5% |
| Distributable reserves | 133 | €271,000 | €359,000 | +€88,000 | +32.5% |
| Profit (loss) carried forward | 14 | €9,051 | €10,459 | +€1,408 | +15.6% |
| Amounts payable | 17/49 | €8,955 | €16,037 | +€7,082 | +79.1% |
| Amounts payable within one year | 42/48 | €8,955 | €16,037 | +€7,082 | +79.1% |
| Trade debts | 44 | €4,340 | €2,728 | -€1,612 | -37.1% |
| Suppliers | 440/4 | €4,340 | €2,728 | -€1,612 | -37.1% |
| Taxes, remuneration and social security | 45 | €4,615 | €13,309 | +€8,694 | +188.4% |
| Taxes | 450/3 | €4,615 | €13,309 | +€8,694 | +188.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,634 | - | -€5,634 | |
| Other operating charges | 640/8 | €350 | €436 | +€86 | +24.6% |
| Gross operating margin | 9900 | €106,048 | €123,009 | +€16,961 | +16.0% |
| Operating profit (loss) | 9901 | €100,064 | €122,573 | +€22,509 | +22.5% |
| Financial income | 75/76B | €1,305 | €3,379 | +€2,074 | +158.9% |
| Recurring financial income | 75 | €1,305 | €3,379 | +€2,074 | +158.9% |
| Financial charges | 65/66B | €222 | €242 | +€20 | +9.0% |
| Recurring financial charges | 65 | €222 | €242 | +€20 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | €101,147 | €125,710 | +€24,563 | +24.3% |
| Income taxes | 67/77 | €27,793 | €36,302 | +€8,509 | +30.6% |
| Profit (loss) for the period | 9904 | €73,354 | €89,408 | +€16,054 | +21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €73,354 | €89,408 | +€16,054 | +21.9% |
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 12 October 2026 via checked.be.