BCTVM: what changed
Two fiscal 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.
BCTVM
Largest movements
- Tangible fixed assets +€48,928
up €48,928 (+820.5%), from €5,963 to €54,891
of which Leasing and similar rights: +€49,912
- Receivables within one year -€6,505
down €6,505 (-39.8%), from €16,349 to €9,844
of which Trade receivables: -€6,904
- Cash +€4,174
up €4,174 (+530.0%), from €787 to €4,961
mainly Debts after one year (+€29,233) and Net result for the year (+€8,019)
- Deferred charges and accrued income +€1,109
up €1,109 (+1405.1%), from €79 to €1,188
- Debts after one year +€29,233
new in 2024: €29,233
- Reserves +€10,684
up €10,684 (+574.4%), from €1,860 to €12,544
of which Tax-exempt reserves: +€10,684
- Current portion of long-term debt +€7,408
new in 2024: €7,408
- Provisions +€2,671
new in 2024: €2,671
- Profit (loss) carried forward -€2,665
down €2,665 (-501.5%), from -€531 to -€3,196
- Gross operating margin +€8,009
up €8,009 (+74.1%), from €10,809 to €18,818
- Depreciation -€2,152
down €2,152 (-25.4%), from €8,458 to €6,305
- Financial charges +€566
up €566 (+367.7%), from €154 to €720
- Taxes -€543
no longer reported in 2024 (was €543)
- Other operating charges +€389
up €389 (+54.6%), from €713 to €1,103
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,178 | €70,884 | +€47,706 | +205.8% |
| Fixed assets | 21/28 | €5,963 | €54,891 | +€48,928 | +820.5% |
| Tangible fixed assets | 22/27 | €5,963 | €54,891 | +€48,928 | +820.5% |
| Plant, machinery and equipment | 23 | €1,886 | €2,328 | +€442 | +23.4% |
| Furniture and vehicles | 24 | €2,346 | €1,265 | -€1,081 | -46.1% |
| Leasing and similar rights | 25 | - | €49,912 | +€49,912 | |
| Other tangible fixed assets | 26 | €1,731 | €1,386 | -€346 | -20.0% |
| Current assets | 29/58 | €17,215 | €15,993 | -€1,222 | -7.1% |
| Amounts receivable within one year | 40/41 | €16,349 | €9,844 | -€6,505 | -39.8% |
| Trade receivables | 40 | €15,952 | €9,048 | -€6,904 | -43.3% |
| Other amounts receivable | 41 | €397 | €796 | +€399 | +100.6% |
| Cash at bank and in hand | 54/58 | €787 | €4,961 | +€4,174 | +530.0% |
| Deferred charges and accrued income | 490/1 | €79 | €1,188 | +€1,109 | +1405.1% |
| Total equity and liabilities | 10/49 | €23,178 | €70,884 | +€47,706 | +205.8% |
| Equity | 10/15 | €17,329 | €25,347 | +€8,019 | +46.3% |
| Contributions | 10/11 | €16,000 | €16,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €12,544 | +€10,684 | +574.4% |
| Tax-exempt reserves | 132 | - | €10,684 | +€10,684 | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€531 | -€3,196 | -€2,665 | -501.5% |
| Provisions and deferred taxes | 16 | - | €2,671 | +€2,671 | |
| Deferred taxes | 168 | - | €2,671 | +€2,671 | |
| Amounts payable | 17/49 | €5,850 | €42,866 | +€37,016 | +632.8% |
| Amounts payable after more than one year | 17 | - | €29,233 | +€29,233 | |
| Financial debts | 170/4 | - | €29,233 | +€29,233 | |
| Amounts payable within one year | 42/48 | €5,850 | €13,633 | +€7,783 | +133.0% |
| Current portion of amounts payable after more than one year | 42 | - | €7,408 | +€7,408 | |
| Trade debts | 44 | €1,561 | €2,826 | +€1,265 | +81.0% |
| Suppliers | 440/4 | €1,561 | €2,826 | +€1,265 | +81.0% |
| Taxes, remuneration and social security | 45 | €4,289 | €3,399 | -€890 | -20.8% |
| Taxes | 450/3 | €2,489 | €1,399 | -€1,090 | -43.8% |
| Remuneration and social security | 454/9 | €1,800 | €2,000 | +€200 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,458 | €6,305 | -€2,152 | -25.4% |
| Other operating charges | 640/8 | €713 | €1,103 | +€389 | +54.6% |
| Gross operating margin | 9900 | €10,809 | €18,818 | +€8,009 | +74.1% |
| Operating profit (loss) | 9901 | €1,638 | €11,410 | +€9,772 | +596.5% |
| Financial charges | 65/66B | €154 | €720 | +€566 | +367.7% |
| Recurring financial charges | 65 | €154 | €720 | +€566 | +367.7% |
| Profit (loss) for the period before taxes | 9903 | €1,484 | €10,690 | +€9,206 | +620.3% |
| Transfer from deferred taxes | 780 | - | €218 | +€218 | |
| Transfer to deferred taxes | 680 | - | €2,889 | +€2,889 | |
| Income taxes | 67/77 | €543 | - | -€543 | |
| Profit (loss) for the period | 9904 | €941 | €8,019 | +€7,078 | +752.4% |
| Transfer from tax-exempt reserves | 789 | - | €871 | +€871 | |
| Transfer to tax-exempt reserves | 689 | - | €11,555 | +€11,555 | |
| Profit (loss) for the period to be appropriated | 9905 | €941 | -€2,665 | -€3,606 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.