BOVA CONSULT: 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 CONSULT
Largest movements
- Receivables within one year +€39,956
up €39,956 (+2.9%), from €1.4m to €1.4m
- Other debts +€59,875
up €59,875 (+50.3%), from €118,993 to €178,867
- Financial charges -€2,633
down €2,633 (-29.8%), from €8,848 to €6,214
- Gross operating margin +€2,365
up €2,365 (+37.8%), from -€6,260 to -€3,895
- Taxes +€1,931
up €1,931 (+14.8%), from €13,058 to €14,989
- Financial income +€1,020
up €1,020 (+1.8%), from €55,638 to €56,658
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 | €1,454,163 | €1,495,314 | +€41,152 | +2.8% |
| Current assets | 29/58 | €1,454,163 | €1,495,314 | +€41,152 | +2.8% |
| Amounts receivable within one year | 40/41 | €1,398,204 | €1,438,160 | +€39,956 | +2.9% |
| Other amounts receivable | 41 | €1,398,204 | €1,438,160 | +€39,956 | +2.9% |
| Cash at bank and in hand | 54/58 | €321 | €497 | +€175 | +54.6% |
| Deferred charges and accrued income | 490/1 | €55,638 | €56,658 | +€1,020 | +1.8% |
| Total equity and liabilities | 10/49 | €1,454,163 | €1,495,314 | +€41,152 | +2.8% |
| Equity | 10/15 | €1,254,593 | €1,249,922 | -€4,670 | -0.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €157,504 | €152,504 | -€5,000 | -3.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €157,504 | €152,504 | -€5,000 | -3.2% |
| Profit (loss) carried forward | 14 | €1,078,488 | €1,078,818 | +€330 | 0.0% |
| Amounts payable | 17/49 | €199,570 | €245,392 | +€45,822 | +23.0% |
| Amounts payable within one year | 42/48 | €193,415 | €239,934 | +€46,519 | +24.1% |
| Financial debts | 43 | €12,500 | €12,500 | = | 0.0% |
| Credit institutions | 430/8 | €12,500 | €12,500 | = | 0.0% |
| Trade debts | 44 | €1,416 | €279 | -€1,137 | -80.3% |
| Suppliers | 440/4 | €1,416 | €279 | -€1,137 | -80.3% |
| Taxes, remuneration and social security | 45 | €60,506 | €48,288 | -€12,218 | -20.2% |
| Taxes | 450/3 | €60,506 | €48,288 | -€12,218 | -20.2% |
| Other amounts payable | 47/48 | €118,993 | €178,867 | +€59,875 | +50.3% |
| Accrued charges and deferred income | 492/3 | €6,155 | €5,458 | -€697 | -11.3% |
| Other operating charges | 640/8 | €1,193 | €1,230 | +€37 | +3.1% |
| Gross operating margin | 9900 | -€6,260 | -€3,895 | +€2,365 | +37.8% |
| Operating profit (loss) | 9901 | -€7,453 | -€5,125 | +€2,328 | +31.2% |
| Financial income | 75/76B | €55,638 | €56,658 | +€1,020 | +1.8% |
| Recurring financial income | 75 | €55,638 | €56,658 | +€1,020 | +1.8% |
| Financial charges | 65/66B | €8,848 | €6,214 | -€2,633 | -29.8% |
| Recurring financial charges | 65 | €8,848 | €6,214 | -€2,633 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | €39,337 | €45,319 | +€5,982 | +15.2% |
| Income taxes | 67/77 | €13,058 | €14,989 | +€1,931 | +14.8% |
| Profit (loss) for the period | 9904 | €26,279 | €30,330 | +€4,051 | +15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €26,279 | €30,330 | +€4,051 | +15.4% |
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 8 October 2026 via checked.be.