Bova: 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.
Bova
Largest movements
- Receivables within one year -€14,728
down €14,728 (-83.0%), from €17,752 to €3,025
of which Trade receivables: -€14,217
- Cash -€7,185
down €7,185 (-41.1%), from €17,494 to €10,309
mainly Other debts (-€45,000) and Stocks and contracts (-€4,244)
- Stocks and contracts +€4,244
up €4,244 (+4.0%), from €104,875 to €109,119
- Deferred charges and accrued income -€1,821
down €1,821 (-97.9%), from €1,861 to €40
- Other debts -€45,000
down €45,000 (-8.4%), from €532,764 to €487,764
- Profit (loss) carried forward +€26,088
up €26,088 (+3.3%), from -€779,561 to -€753,473
- Gross operating margin -€57,211
down €57,211 (-67.7%), from €84,453 to €27,241
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 | €141,982 | €122,492 | -€19,490 | -13.7% |
| Current assets | 29/58 | €141,982 | €122,492 | -€19,490 | -13.7% |
| Stocks and contracts in progress | 3 | €104,875 | €109,119 | +€4,244 | +4.0% |
| Stocks | 30/36 | €104,875 | €109,119 | +€4,244 | +4.0% |
| Amounts receivable within one year | 40/41 | €17,752 | €3,025 | -€14,728 | -83.0% |
| Trade receivables | 40 | €17,082 | €2,865 | -€14,217 | -83.2% |
| Other amounts receivable | 41 | €670 | €159 | -€511 | -76.2% |
| Cash at bank and in hand | 54/58 | €17,494 | €10,309 | -€7,185 | -41.1% |
| Deferred charges and accrued income | 490/1 | €1,861 | €40 | -€1,821 | -97.9% |
| Total equity and liabilities | 10/49 | €141,982 | €122,492 | -€19,490 | -13.7% |
| Equity | 10/15 | -€767,161 | -€741,073 | +€26,088 | +3.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€779,561 | -€753,473 | +€26,088 | +3.3% |
| Amounts payable | 17/49 | €909,142 | €863,565 | -€45,578 | -5.0% |
| Amounts payable within one year | 42/48 | €909,142 | €863,565 | -€45,578 | -5.0% |
| Trade debts | 44 | €376,379 | €375,801 | -€578 | -0.2% |
| Suppliers | 440/4 | €376,379 | €375,801 | -€578 | -0.2% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €532,764 | €487,764 | -€45,000 | -8.4% |
| Other operating charges | 640/8 | €664 | €682 | +€18 | +2.8% |
| Gross operating margin | 9900 | €84,453 | €27,241 | -€57,211 | -67.7% |
| Operating profit (loss) | 9901 | €83,789 | €26,559 | -€57,230 | -68.3% |
| Financial income | 75/76B | €2 | €0 | -€2 | -99.5% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -99.5% |
| Financial charges | 65/66B | €457 | €471 | +€14 | +3.0% |
| Recurring financial charges | 65 | €457 | €471 | +€14 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €83,333 | €26,088 | -€57,245 | -68.7% |
| Profit (loss) for the period | 9904 | €83,333 | €26,088 | -€57,245 | -68.7% |
| Profit (loss) for the period to be appropriated | 9905 | €83,333 | €26,088 | -€57,245 | -68.7% |
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 6 October 2026 via checked.be.