BKW-Heating: 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.
BKW-Heating
Largest movements
- Stocks and contracts -€63,481
down €63,481 (-63.1%), from €100,615 to €37,134
- Tangible fixed assets -€23,125
down €23,125 (-16.3%), from €142,250 to €119,125
of which Furniture and vehicles: -€18,908
- Receivables within one year -€10,818
down €10,818 (-20.2%), from €53,577 to €42,760
of which Other amounts receivable: -€10,711
- Profit (loss) carried forward -€30,997
new in 2025: -€30,997
- Debts after one year -€27,401
down €27,401 (-27.7%), from €98,907 to €71,506
- Tax, wage and social debts -€20,867
no longer reported in 2025 (was €20,867)
- Trade debts -€15,720
down €15,720 (-27.3%), from €57,539 to €41,818
- Gross operating margin -€31,522
down €31,522 (-20.9%), from €150,832 to €119,310
- Depreciation +€9,674
up €9,674 (+35.9%), from €26,952 to €36,625
- Staff costs -€8,596
down €8,596 (-7.5%), from €114,680 to €106,084
- Financial charges +€4,223
up €4,223 (+367%), from €1,150 to €5,373
- Taxes -€1,794
down €1,794 (-78.9%), from €2,274 to €480
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 | €325,682 | €228,751 | -€96,931 | -29.8% |
| Fixed assets | 21/28 | €142,250 | €119,125 | -€23,125 | -16.3% |
| Tangible fixed assets | 22/27 | €142,250 | €119,125 | -€23,125 | -16.3% |
| Plant, machinery and equipment | 23 | €13,928 | €11,050 | -€2,878 | -20.7% |
| Furniture and vehicles | 24 | €126,983 | €108,075 | -€18,908 | -14.9% |
| Other tangible fixed assets | 26 | €1,340 | - | -€1,340 | |
| Current assets | 29/58 | €183,431 | €109,626 | -€73,806 | -40.2% |
| Stocks and contracts in progress | 3 | €100,615 | €37,134 | -€63,481 | -63.1% |
| Stocks | 30/36 | €100,615 | €37,134 | -€63,481 | -63.1% |
| Amounts receivable within one year | 40/41 | €53,577 | €42,760 | -€10,818 | -20.2% |
| Trade receivables | 40 | €22,431 | €22,325 | -€107 | -0.5% |
| Other amounts receivable | 41 | €31,146 | €20,435 | -€10,711 | -34.4% |
| Cash at bank and in hand | 54/58 | €18,196 | €18,381 | +€185 | +1.0% |
| Deferred charges and accrued income | 490/1 | €11,043 | €11,351 | +€308 | +2.8% |
| Total equity and liabilities | 10/49 | €325,682 | €228,751 | -€96,931 | -29.8% |
| Equity | 10/15 | €20,000 | -€10,997 | -€30,997 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€30,997 | -€30,997 | |
| Amounts payable | 17/49 | €305,682 | €239,748 | -€65,934 | -21.6% |
| Amounts payable after more than one year | 17 | €98,907 | €71,506 | -€27,401 | -27.7% |
| Financial debts | 170/4 | €98,907 | €71,506 | -€27,401 | -27.7% |
| Amounts payable within one year | 42/48 | €206,775 | €168,242 | -€38,533 | -18.6% |
| Current portion of amounts payable after more than one year | 42 | €29,126 | €27,401 | -€1,725 | -5.9% |
| Financial debts | 43 | €1,667 | €1,667 | = | 0.0% |
| Credit institutions | 430/8 | €1,667 | €1,667 | = | 0.0% |
| Trade debts | 44 | €57,539 | €41,818 | -€15,720 | -27.3% |
| Suppliers | 440/4 | €57,539 | €41,818 | -€15,720 | -27.3% |
| Taxes, remuneration and social security | 45 | €20,867 | - | -€20,867 | |
| Taxes | 450/3 | €20,867 | - | -€20,867 | |
| Other amounts payable | 47/48 | €97,576 | €97,356 | -€220 | -0.2% |
| Remuneration, social security and pensions | 62 | €114,680 | €106,084 | -€8,596 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,952 | €36,625 | +€9,674 | +35.9% |
| Other operating charges | 640/8 | €1,399 | €1,801 | +€402 | +28.7% |
| Gross operating margin | 9900 | €150,832 | €119,310 | -€31,522 | -20.9% |
| Operating profit (loss) | 9901 | €7,802 | -€25,200 | -€33,002 | |
| Financial income | 75/76B | - | €56 | +€56 | |
| Recurring financial income | 75 | - | €56 | +€56 | |
| Financial charges | 65/66B | €1,150 | €5,373 | +€4,223 | +367% |
| Recurring financial charges | 65 | €1,150 | €5,373 | +€4,223 | +367% |
| Profit (loss) for the period before taxes | 9903 | €6,652 | -€30,517 | -€37,169 | |
| Income taxes | 67/77 | €2,274 | €480 | -€1,794 | -78.9% |
| Profit (loss) for the period | 9904 | €4,377 | -€30,997 | -€35,375 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,377 | -€30,997 | -€35,375 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.