BiVT: 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.
BiVT
Largest movements
- Cash +€10,746
up €10,746 (+169.1%), from €6,355 to €17,101
mainly Depreciation (+€14,521) and Net result for the year (+€10,635)
- Tangible fixed assets -€10,523
down €10,523 (-32.0%), from €32,850 to €22,328
of which Furniture and vehicles: -€10,340
- Stocks and contracts +€9,473
up €9,473 (+92.2%), from €10,272 to €19,745
- Current investments -€5,000
down €5,000 (-100.0%), from €5,000 to €0
- Receivables within one year +€3,890
up €3,890 (+29.9%), from €13,019 to €16,909
of which Trade receivables: +€3,890
- Profit (loss) carried forward +€10,635
up €10,635 (+38.0%), from -€27,957 to -€17,322
- Tax, wage and social debts +€6,386
up €6,386 (+529.1%), from €1,207 to €7,593
of which Taxes: +€4,593
- Trade debts +€4,709
up €4,709 (+130.2%), from €3,618 to €8,327
- Debts after one year -€4,599
down €4,599 (-100.0%), from €4,599 to €0
- Current portion of long-term debt -€4,403
down €4,403 (-48.9%), from €9,002 to €4,599
- Gross operating margin +€27,311
up €27,311 (+292.9%), from €9,324 to €36,635
- Staff costs +€9,022
new in 2025: €9,022
- Financial charges +€919
up €919 (+100.6%), from €913 to €1,832
- Depreciation -€709
down €709 (-4.7%), from €15,231 to €14,521
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 | €75,584 | €84,120 | +€8,536 | +11.3% |
| Fixed assets | 21/28 | €37,990 | €26,933 | -€11,057 | -29.1% |
| Intangible fixed assets | 21 | €5,140 | €4,605 | -€534 | -10.4% |
| Tangible fixed assets | 22/27 | €32,850 | €22,328 | -€10,523 | -32.0% |
| Plant, machinery and equipment | 23 | €4,703 | €4,521 | -€183 | -3.9% |
| Furniture and vehicles | 24 | €28,147 | €17,807 | -€10,340 | -36.7% |
| Current assets | 29/58 | €37,594 | €57,187 | +€19,593 | +52.1% |
| Stocks and contracts in progress | 3 | €10,272 | €19,745 | +€9,473 | +92.2% |
| Stocks | 30/36 | €10,272 | €19,745 | +€9,473 | +92.2% |
| Amounts receivable within one year | 40/41 | €13,019 | €16,909 | +€3,890 | +29.9% |
| Trade receivables | 40 | €13,019 | €16,909 | +€3,890 | +29.9% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €5,000 | €0 | -€5,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €6,355 | €17,101 | +€10,746 | +169.1% |
| Deferred charges and accrued income | 490/1 | €2,948 | €3,432 | +€484 | +16.4% |
| Total equity and liabilities | 10/49 | €75,584 | €84,120 | +€8,536 | +11.3% |
| Equity | 10/15 | €52,724 | €63,359 | +€10,635 | +20.2% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €68,681 | €68,681 | = | 0.0% |
| Distributable reserves | 133 | €68,681 | €68,681 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,957 | -€17,322 | +€10,635 | +38.0% |
| Amounts payable | 17/49 | €22,860 | €20,761 | -€2,099 | -9.2% |
| Amounts payable after more than one year | 17 | €4,599 | €0 | -€4,599 | -100.0% |
| Financial debts | 170/4 | €4,599 | €0 | -€4,599 | -100.0% |
| Amounts payable within one year | 42/48 | €18,261 | €20,761 | +€2,500 | +13.7% |
| Current portion of amounts payable after more than one year | 42 | €9,002 | €4,599 | -€4,403 | -48.9% |
| Trade debts | 44 | €3,618 | €8,327 | +€4,709 | +130.2% |
| Suppliers | 440/4 | €3,618 | €8,327 | +€4,709 | +130.2% |
| Taxes, remuneration and social security | 45 | €1,207 | €7,593 | +€6,386 | +529.1% |
| Taxes | 450/3 | €1,207 | €5,799 | +€4,593 | +380.5% |
| Remuneration and social security | 454/9 | - | €1,793 | +€1,793 | |
| Other amounts payable | 47/48 | €4,434 | €242 | -€4,192 | -94.5% |
| Non-recurring operating income | 76A | €2,273 | €0 | -€2,273 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €9,022 | +€9,022 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,231 | €14,521 | -€709 | -4.7% |
| Other operating charges | 640/8 | €689 | €699 | +€9 | +1.4% |
| Gross operating margin | 9900 | €9,324 | €36,635 | +€27,311 | +292.9% |
| Operating profit (loss) | 9901 | -€6,596 | €12,393 | +€18,989 | |
| Financial income | 75/76B | €15 | €74 | +€59 | +379.9% |
| Recurring financial income | 75 | €15 | €74 | +€59 | +379.9% |
| Financial charges | 65/66B | €913 | €1,832 | +€919 | +100.6% |
| Recurring financial charges | 65 | €913 | €1,832 | +€919 | +100.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,494 | €10,635 | +€18,129 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€7,494 | €10,635 | +€18,129 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,494 | €10,635 | +€18,129 |
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 5 October 2026 via checked.be.