BFVet: 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.
BFVet
Largest movements
- Receivables within one year +€46,910
up €46,910 (+1829.2%), from €2,565 to €49,475
of which Trade receivables: +€44,610
- Current investments +€15,627
up €15,627 (+505.7%), from €3,090 to €18,717
- Cash -€11,418
down €11,418 (-56.0%), from €20,401 to €8,983
mainly Receivables within one year (-€46,910) and Contributions, distributions and other (-€23,530)
- Financial fixed assets -€9,902
down €9,902 (-100.0%), from €9,902 to €0
- Tangible fixed assets +€4,557
up €4,557 (+149.6%), from €3,047 to €7,604
of which Furniture and vehicles: +€2,709
- Profit (loss) carried forward +€49,023
up €49,023 (+546.4%), from €8,972 to €57,995
- Current portion of long-term debt -€5,275
down €5,275 (-31.1%), from €16,981 to €11,705
- Tax, wage and social debts +€2,867
up €2,867 (+26.1%), from €10,978 to €13,845
of which Remuneration and social security: +€2,000
- Trade debts +€2,788
up €2,788 (+834.3%), from €334 to €3,122
- Gross operating margin +€30,442
up €30,442 (+48.1%), from €63,337 to €93,779
- Taxes +€1,834
up €1,834 (+11.4%), from €16,151 to €17,986
- Depreciation +€1,162
up €1,162 (+214.4%), from €542 to €1,704
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 | €40,350 | €90,200 | +€49,850 | +123.5% |
| Fixed assets | 21/28 | €12,949 | €7,604 | -€5,345 | -41.3% |
| Tangible fixed assets | 22/27 | €3,047 | €7,604 | +€4,557 | +149.6% |
| Plant, machinery and equipment | 23 | - | €1,847 | +€1,847 | |
| Furniture and vehicles | 24 | €3,047 | €5,756 | +€2,709 | +88.9% |
| Financial fixed assets | 28 | €9,902 | €0 | -€9,902 | -100.0% |
| Current assets | 29/58 | €27,402 | €82,596 | +€55,195 | +201.4% |
| Amounts receivable within one year | 40/41 | €2,565 | €49,475 | +€46,910 | +1829.2% |
| Trade receivables | 40 | - | €44,610 | +€44,610 | |
| Other amounts receivable | 41 | €2,565 | €4,865 | +€2,300 | +89.7% |
| Current investments | 50/53 | €3,090 | €18,717 | +€15,627 | +505.7% |
| Cash at bank and in hand | 54/58 | €20,401 | €8,983 | -€11,418 | -56.0% |
| Deferred charges and accrued income | 490/1 | €1,347 | €5,422 | +€4,076 | +302.7% |
| Total equity and liabilities | 10/49 | €40,350 | €90,200 | +€49,850 | +123.5% |
| Equity | 10/15 | €11,972 | €60,995 | +€49,023 | +409.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,972 | €57,995 | +€49,023 | +546.4% |
| Amounts payable | 17/49 | €28,378 | €29,205 | +€827 | +2.9% |
| Amounts payable within one year | 42/48 | €28,366 | €29,205 | +€839 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €16,981 | €11,705 | -€5,275 | -31.1% |
| Trade debts | 44 | €334 | €3,122 | +€2,788 | +834.3% |
| Suppliers | 440/4 | €334 | €3,122 | +€2,788 | +834.3% |
| Advances received on contracts in progress | 46 | - | €533 | +€533 | |
| Taxes, remuneration and social security | 45 | €10,978 | €13,845 | +€2,867 | +26.1% |
| Taxes | 450/3 | €10,978 | €11,845 | +€867 | +7.9% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | €73 | €0 | -€73 | -100.0% |
| Accrued charges and deferred income | 492/3 | €12 | €0 | -€12 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €542 | €1,704 | +€1,162 | +214.4% |
| Other operating charges | 640/8 | €966 | €972 | +€7 | +0.7% |
| Gross operating margin | 9900 | €63,337 | €93,779 | +€30,442 | +48.1% |
| Operating profit (loss) | 9901 | €61,830 | €91,103 | +€29,273 | +47.3% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100.0% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100.0% |
| Financial charges | 65/66B | €281 | €564 | +€283 | +100.7% |
| Recurring financial charges | 65 | €281 | €564 | +€283 | +100.7% |
| Profit (loss) for the period before taxes | 9903 | €61,552 | €90,539 | +€28,987 | +47.1% |
| Income taxes | 67/77 | €16,151 | €17,986 | +€1,834 | +11.4% |
| Profit (loss) for the period | 9904 | €45,401 | €72,553 | +€27,153 | +59.8% |
| Profit (loss) for the period to be appropriated | 9905 | €45,401 | €72,553 | +€27,153 | +59.8% |
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 1 October 2026 via checked.be.