BCVP: 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.
BCVP
Largest movements
- Tangible fixed assets -€201,731
down €201,731 (-8.8%), from €2.3m to €2.1m
- Cash +€123,011
up €123,011 (+33.6%), from €365,669 to €488,680
mainly Depreciation (+€202,768) and Deferred charges and accrued income (+€59,615)
- Deferred charges and accrued income -€59,615
down €59,615 (-82.7%), from €72,064 to €12,449
- Debts after one year -€97,525
down €97,525 (-14.3%), from €680,782 to €583,257
- Profit (loss) carried forward -€34,902
down €34,902 (-72.2%), from €48,335 to €13,433
- Gross operating margin -€11,022
down €11,022 (-3.6%), from €304,620 to €293,598
- Taxes -€8,894
down €8,894 (-20.8%), from €42,672 to €33,778
- Depreciation -€7,592
down €7,592 (-3.6%), from €210,360 to €202,768
- Financial income +€3,241
up €3,241 (+985.6%), from €329 to €3,569
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 | €2,820,481 | €2,658,963 | -€161,518 | -5.7% |
| Fixed assets | 21/28 | €2,300,095 | €2,098,364 | -€201,731 | -8.8% |
| Tangible fixed assets | 22/27 | €2,300,095 | €2,098,364 | -€201,731 | -8.8% |
| Land and buildings | 22 | €1,549,543 | €1,455,454 | -€94,088 | -6.1% |
| Plant, machinery and equipment | 23 | €479,072 | €425,821 | -€53,250 | -11.1% |
| Furniture and vehicles | 24 | €164,393 | €124,233 | -€40,159 | -24.4% |
| Other tangible fixed assets | 26 | €107,088 | €92,856 | -€14,233 | -13.3% |
| Current assets | 29/58 | €520,386 | €560,598 | +€40,212 | +7.7% |
| Amounts receivable within one year | 40/41 | €82,653 | €59,469 | -€23,183 | -28.0% |
| Trade receivables | 40 | €46,000 | €41,599 | -€4,401 | -9.6% |
| Other amounts receivable | 41 | €36,653 | €17,870 | -€18,783 | -51.2% |
| Cash at bank and in hand | 54/58 | €365,669 | €488,680 | +€123,011 | +33.6% |
| Deferred charges and accrued income | 490/1 | €72,064 | €12,449 | -€59,615 | -82.7% |
| Total equity and liabilities | 10/49 | €2,820,481 | €2,658,963 | -€161,518 | -5.7% |
| Equity | 10/15 | €1,794,042 | €1,779,467 | -€14,575 | -0.8% |
| Contributions | 10/11 | €310,000 | €310,000 | = | 0.0% |
| Reserves | 13 | €1,435,707 | €1,456,034 | +€20,327 | +1.4% |
| Tax-exempt reserves | 132 | €777,839 | €708,166 | -€69,673 | -9.0% |
| Distributable reserves | 133 | €657,868 | €747,868 | +€90,000 | +13.7% |
| Profit (loss) carried forward | 14 | €48,335 | €13,433 | -€34,902 | -72.2% |
| Provisions and deferred taxes | 16 | €188,630 | €165,406 | -€23,224 | -12.3% |
| Deferred taxes | 168 | €188,630 | €165,406 | -€23,224 | -12.3% |
| Amounts payable | 17/49 | €837,809 | €714,090 | -€123,719 | -14.8% |
| Amounts payable after more than one year | 17 | €680,782 | €583,257 | -€97,525 | -14.3% |
| Financial debts | 170/4 | €680,782 | €583,257 | -€97,525 | -14.3% |
| Amounts payable within one year | 42/48 | €157,027 | €130,833 | -€26,194 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | €113,741 | €97,525 | -€16,216 | -14.3% |
| Trade debts | 44 | €27,943 | €22,161 | -€5,782 | -20.7% |
| Suppliers | 440/4 | €27,943 | €22,161 | -€5,782 | -20.7% |
| Taxes, remuneration and social security | 45 | €7,694 | €9,300 | +€1,606 | +20.9% |
| Taxes | 450/3 | €7,694 | €9,300 | +€1,606 | +20.9% |
| Other amounts payable | 47/48 | €7,650 | €1,847 | -€5,803 | -75.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €1,000 | €0 | -€1,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €210,360 | €202,768 | -€7,592 | -3.6% |
| Other operating charges | 640/8 | €21,171 | €23,376 | +€2,205 | +10.4% |
| Gross operating margin | 9900 | €304,620 | €293,598 | -€11,022 | -3.6% |
| Operating profit (loss) | 9901 | €73,089 | €67,454 | -€5,635 | -7.7% |
| Financial income | 75/76B | €329 | €3,569 | +€3,241 | +985.6% |
| Recurring financial income | 75 | €329 | €3,569 | +€3,241 | +985.6% |
| Financial charges | 65/66B | €16,011 | €15,045 | -€966 | -6.0% |
| Recurring financial charges | 65 | €16,011 | €15,045 | -€966 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €57,407 | €55,979 | -€1,429 | -2.5% |
| Transfer from deferred taxes | 780 | €23,224 | €23,224 | -€0 | 0.0% |
| Income taxes | 67/77 | €42,672 | €33,778 | -€8,894 | -20.8% |
| Profit (loss) for the period | 9904 | €37,960 | €45,425 | +€7,465 | +19.7% |
| Transfer from tax-exempt reserves | 789 | €69,673 | €69,673 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €107,633 | €115,098 | +€7,465 | +6.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.