BJ VERVOER: what changed
Two financial 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.
BJ VERVOER
Largest movements
- Financial fixed assets -€25,000
no longer reported in 2025 (was €25,000)
- Tangible fixed assets -€16,216
down €16,216 (-30.5%), from €53,164 to €36,948
of which Furniture and vehicles: -€12,383
- Receivables within one year +€16,144
up €16,144 (+58.7%), from €27,480 to €43,624
of which Trade receivables: +€9,951
- Cash -€2,079
down €2,079 (-7.8%), from €26,732 to €24,653
mainly Contributions, distributions and other (-€41,927) and Receivables within one year (-€16,144)
- Reserves -€33,749
down €33,749 (-80.5%), from €41,927 to €8,178
- Other debts +€17,799
up €17,799 (+44.1%), from €40,352 to €58,152
- Tax, wage and social debts -€7,754
down €7,754 (-42.6%), from €18,207 to €10,453
of which Taxes: -€5,588
- Advances received -€5,000
no longer reported in 2025 (was €5,000)
- Trade debts +€3,951
up €3,951 (+67.1%), from €5,892 to €9,843
- Gross operating margin -€61,124
down €61,124 (-39.3%), from €155,705 to €94,582
- Staff costs -€19,427
down €19,427 (-24.7%), from €78,497 to €59,070
- Taxes -€7,670
down €7,670 (-72.9%), from €10,519 to €2,848
- Depreciation -€2,302
down €2,302 (-11.3%), from €20,348 to €18,046
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.
Derived cash bridge
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 | €132,377 | €105,225 | -€27,151 | -20.5% |
| Fixed assets | 21/28 | €78,164 | €36,948 | -€41,216 | -52.7% |
| Tangible fixed assets | 22/27 | €53,164 | €36,948 | -€16,216 | -30.5% |
| Plant, machinery and equipment | 23 | €5,861 | €5,059 | -€802 | -13.7% |
| Furniture and vehicles | 24 | €44,273 | €31,890 | -€12,383 | -28.0% |
| Leasing and similar rights | 25 | €3,031 | - | -€3,031 | |
| Financial fixed assets | 28 | €25,000 | - | -€25,000 | |
| Current assets | 29/58 | €54,212 | €68,277 | +€14,065 | +25.9% |
| Amounts receivable within one year | 40/41 | €27,480 | €43,624 | +€16,144 | +58.7% |
| Trade receivables | 40 | €27,480 | €37,431 | +€9,951 | +36.2% |
| Other amounts receivable | 41 | - | €6,193 | +€6,193 | |
| Cash at bank and in hand | 54/58 | €26,732 | €24,653 | -€2,079 | -7.8% |
| Total equity and liabilities | 10/49 | €132,377 | €105,225 | -€27,151 | -20.5% |
| Equity | 10/15 | €60,527 | €26,778 | -€33,749 | -55.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,927 | €8,178 | -€33,749 | -80.5% |
| Distributable reserves | 133 | €41,927 | €8,178 | -€33,749 | -80.5% |
| Amounts payable | 17/49 | €71,849 | €78,448 | +€6,598 | +9.2% |
| Amounts payable within one year | 42/48 | €71,849 | €78,448 | +€6,598 | +9.2% |
| Current portion of amounts payable after more than one year | 42 | €2,398 | - | -€2,398 | |
| Trade debts | 44 | €5,892 | €9,843 | +€3,951 | +67.1% |
| Suppliers | 440/4 | €5,892 | €9,843 | +€3,951 | +67.1% |
| Advances received on contracts in progress | 46 | €5,000 | - | -€5,000 | |
| Taxes, remuneration and social security | 45 | €18,207 | €10,453 | -€7,754 | -42.6% |
| Taxes | 450/3 | €9,349 | €3,762 | -€5,588 | -59.8% |
| Remuneration and social security | 454/9 | €8,858 | €6,692 | -€2,166 | -24.5% |
| Other amounts payable | 47/48 | €40,352 | €58,152 | +€17,799 | +44.1% |
| Remuneration, social security and pensions | 62 | €78,497 | €59,070 | -€19,427 | -24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,348 | €18,046 | -€2,302 | -11.3% |
| Other operating charges | 640/8 | €4,426 | €4,917 | +€490 | +11.1% |
| Non-recurring operating charges | 66A | €2,499 | - | -€2,499 | |
| Gross operating margin | 9900 | €155,705 | €94,582 | -€61,124 | -39.3% |
| Operating profit (loss) | 9901 | €49,935 | €12,548 | -€37,386 | -74.9% |
| Financial income | 75/76B | €242 | €1,330 | +€1,088 | +450% |
| Recurring financial income | 75 | €242 | €1,330 | +€1,088 | +450% |
| Financial charges | 65/66B | €2,313 | €2,853 | +€540 | +23.3% |
| Recurring financial charges | 65 | €2,313 | €2,130 | -€183 | -7.9% |
| Non-recurring financial charges | 66B | - | €723 | +€723 | |
| Profit (loss) for the period before taxes | 9903 | €47,864 | €11,026 | -€36,838 | -77.0% |
| Income taxes | 67/77 | €10,519 | €2,848 | -€7,670 | -72.9% |
| Profit (loss) for the period | 9904 | €37,345 | €8,178 | -€29,167 | -78.1% |
| Profit (loss) for the period to be appropriated | 9905 | €37,345 | €8,178 | -€29,167 | -78.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.