BDVet: 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.
BDVet
Largest movements
- Receivables within one year +€19,889
up €19,889 (+22.1%), from €89,988 to €109,876
of which Trade receivables: +€18,258
- Tangible fixed assets -€5,689
down €5,689 (-100.0%), from €5,689 to €0
- Cash +€5,226
up €5,226 (+7.2%), from €72,171 to €77,397
mainly Other debts (+€118,211) and Net result for the year (+€5,746)
- Other debts +€118,211
up €118,211 (+335.3%), from €35,255 to €153,466
- Reserves -€94,254
down €94,254 (-83.0%), from €113,615 to €19,361
- Current portion of long-term debt -€6,586
down €6,586 (-100.0%), from €6,586 to €0
- Trade debts +€3,811
up €3,811 (+2263.4%), from €168 to €3,979
- Gross operating margin +€5,225
up €5,225 (+25.1%), from €20,810 to €26,035
- Depreciation -€3,546
down €3,546 (-47.0%), from €7,543 to €3,997
- Other operating charges +€2,299
up €2,299 (+339.9%), from €677 to €2,976
- Taxes +€1,323
up €1,323 (+53.7%), from €2,464 to €3,787
- Financial charges +€948
up €948 (+32.7%), from €2,896 to €3,844
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 | €168,413 | €188,257 | +€19,844 | +11.8% |
| Formation expenses | 20 | €83 | €0 | -€83 | -100.0% |
| Fixed assets | 21/28 | €5,689 | €0 | -€5,689 | -100.0% |
| Tangible fixed assets | 22/27 | €5,689 | €0 | -€5,689 | -100.0% |
| Leasing and similar rights | 25 | €5,689 | €0 | -€5,689 | -100.0% |
| Current assets | 29/58 | €162,641 | €188,257 | +€25,616 | +15.7% |
| Amounts receivable within one year | 40/41 | €89,988 | €109,876 | +€19,889 | +22.1% |
| Trade receivables | 40 | €81,870 | €100,128 | +€18,258 | +22.3% |
| Other amounts receivable | 41 | €8,118 | €9,749 | +€1,631 | +20.1% |
| Cash at bank and in hand | 54/58 | €72,171 | €77,397 | +€5,226 | +7.2% |
| Deferred charges and accrued income | 490/1 | €482 | €984 | +€501 | +104.0% |
| Total equity and liabilities | 10/49 | €168,413 | €188,257 | +€19,844 | +11.8% |
| Equity | 10/15 | €116,615 | €22,361 | -€94,254 | -80.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €113,615 | €19,361 | -€94,254 | -83.0% |
| Distributable reserves | 133 | €113,615 | €19,361 | -€94,254 | -83.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €51,798 | €165,896 | +€114,098 | +220.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €51,770 | €164,989 | +€113,219 | +218.7% |
| Current portion of amounts payable after more than one year | 42 | €6,586 | €0 | -€6,586 | -100.0% |
| Financial debts | 43 | €2,539 | €1,179 | -€1,360 | -53.6% |
| Credit institutions | 430/8 | €2,539 | €1,179 | -€1,360 | -53.6% |
| Trade debts | 44 | €168 | €3,979 | +€3,811 | +2263.4% |
| Suppliers | 440/4 | €168 | €3,979 | +€3,811 | +2263.4% |
| Taxes, remuneration and social security | 45 | €7,223 | €6,365 | -€858 | -11.9% |
| Taxes | 450/3 | €5,123 | €4,265 | -€858 | -16.7% |
| Remuneration and social security | 454/9 | €2,100 | €2,100 | = | 0.0% |
| Other amounts payable | 47/48 | €35,255 | €153,466 | +€118,211 | +335.3% |
| Accrued charges and deferred income | 492/3 | €28 | €907 | +€879 | +3143.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,543 | €3,997 | -€3,546 | -47.0% |
| Other operating charges | 640/8 | €677 | €2,976 | +€2,299 | +339.9% |
| Non-recurring operating charges | 66A | - | €5,689 | +€5,689 | |
| Gross operating margin | 9900 | €20,810 | €26,035 | +€5,225 | +25.1% |
| Operating profit (loss) | 9901 | €12,590 | €13,373 | +€783 | +6.2% |
| Financial income | 75/76B | €2 | €4 | +€2 | +60.6% |
| Recurring financial income | 75 | €2 | €4 | +€2 | +60.6% |
| Financial charges | 65/66B | €2,896 | €3,844 | +€948 | +32.7% |
| Recurring financial charges | 65 | €2,896 | €3,844 | +€948 | +32.7% |
| Profit (loss) for the period before taxes | 9903 | €9,696 | €9,533 | -€163 | -1.7% |
| Income taxes | 67/77 | €2,464 | €3,787 | +€1,323 | +53.7% |
| Profit (loss) for the period | 9904 | €7,232 | €5,746 | -€1,486 | -20.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,232 | €5,746 | -€1,486 | -20.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.