Bo Vet: 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.
Bo Vet
Largest movements
- Cash +€57,263
up €57,263 (+134%), from €42,796 to €100,060
mainly Other debts (+€105,386) and Net result for the year (+€56,974)
- Receivables within one year +€4,977
up €4,977 (+5.5%), from €90,115 to €95,092
of which Trade receivables: +€19,987
- Other debts +€105,386
up €105,386 (+209%), from €50,453 to €155,839
- Profit (loss) carried forward -€41,292
down €41,292 (-41.8%), from €98,806 to €57,513
- Trade debts -€4,097
down €4,097 (-77.8%), from €5,264 to €1,167
- Depreciation -€4,339
down €4,339 (-67.3%), from €6,446 to €2,108
- Taxes +€2,387
up €2,387 (+18.2%), from €13,132 to €15,519
- Financial income -€1,140
down €1,140 (-64.5%), from €1,768 to €628
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 | €173,854 | €235,391 | +€61,538 | +35.4% |
| Fixed assets | 21/28 | €9,731 | €7,623 | -€2,108 | -21.7% |
| Tangible fixed assets | 22/27 | €9,731 | €7,623 | -€2,108 | -21.7% |
| Land and buildings | 22 | €5,887 | €5,200 | -€687 | -11.7% |
| Plant, machinery and equipment | 23 | €1,744 | €1,000 | -€744 | -42.6% |
| Furniture and vehicles | 24 | €2,099 | €1,422 | -€677 | -32.2% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €164,123 | €227,768 | +€63,645 | +38.8% |
| Amounts receivable after more than one year | 29 | €31,212 | €31,836 | +€624 | +2.0% |
| Other amounts receivable | 291 | €31,212 | €31,836 | +€624 | +2.0% |
| Amounts receivable within one year | 40/41 | €90,115 | €95,092 | +€4,977 | +5.5% |
| Trade receivables | 40 | €55,664 | €75,651 | +€19,987 | +35.9% |
| Other amounts receivable | 41 | €34,451 | €19,441 | -€15,010 | -43.6% |
| Cash at bank and in hand | 54/58 | €42,796 | €100,060 | +€57,263 | +134% |
| Deferred charges and accrued income | 490/1 | - | €780 | +€780 | |
| Total equity and liabilities | 10/49 | €173,854 | €235,391 | +€61,538 | +35.4% |
| Equity | 10/15 | €102,806 | €61,513 | -€41,292 | -40.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98,806 | €57,513 | -€41,292 | -41.8% |
| Amounts payable | 17/49 | €71,048 | €173,878 | +€102,830 | +145% |
| Amounts payable within one year | 42/48 | €71,048 | €173,878 | +€102,830 | +145% |
| Trade debts | 44 | €5,264 | €1,167 | -€4,097 | -77.8% |
| Suppliers | 440/4 | €5,264 | €1,167 | -€4,097 | -77.8% |
| Taxes, remuneration and social security | 45 | €15,331 | €16,872 | +€1,541 | +10.0% |
| Taxes | 450/3 | €15,331 | €16,872 | +€1,541 | +10.0% |
| Other amounts payable | 47/48 | €50,453 | €155,839 | +€105,386 | +209% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,446 | €2,108 | -€4,339 | -67.3% |
| Other operating charges | 640/8 | €622 | €400 | -€222 | -35.7% |
| Non-recurring operating charges | 66A | €7,972 | - | -€7,972 | |
| Gross operating margin | 9900 | €80,551 | €80,880 | +€329 | +0.4% |
| Operating profit (loss) | 9901 | €65,511 | €78,373 | +€12,862 | +19.6% |
| Financial income | 75/76B | €1,768 | €628 | -€1,140 | -64.5% |
| Recurring financial income | 75 | €1,768 | €628 | -€1,140 | -64.5% |
| Financial charges | 65/66B | €6,253 | €6,509 | +€255 | +4.1% |
| Recurring financial charges | 65 | €6,253 | €6,509 | +€255 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | €61,026 | €72,492 | +€11,466 | +18.8% |
| Income taxes | 67/77 | €13,132 | €15,519 | +€2,387 | +18.2% |
| Profit (loss) for the period | 9904 | €47,895 | €56,974 | +€9,079 | +19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €47,895 | €56,974 | +€9,079 | +19.0% |
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 22 October 2026 via checked.be.