BOVANCO CONSULTING: 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.
BOVANCO CONSULTING
Largest movements
- Cash +€40,159
up €40,159 (+10,439%), from €385 to €40,543
mainly Depreciation (+€31,362) and Net result for the year (+€7,415)
- Tangible fixed assets -€31,362
down €31,362 (-33.2%), from €94,598 to €63,235
of which Other tangible fixed assets: -€26,301
- Receivables within one year -€2,030
down €2,030 (-100%), from €2,030 to €0
- Profit (loss) carried forward +€7,415
up €7,415 (+9.6%), from €77,138 to €84,553
- Gross operating margin +€5,445
up €5,445 (+13.9%), from €39,266 to €44,711
- Depreciation +€2,724
up €2,724 (+9.5%), from €28,638 to €31,362
- Taxes +€2,457
up €2,457 (+99.5%), from €2,470 to €4,928
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 | €100,433 | €106,989 | +€6,556 | +6.5% |
| Fixed assets | 21/28 | €94,598 | €63,235 | -€31,362 | -33.2% |
| Tangible fixed assets | 22/27 | €94,598 | €63,235 | -€31,362 | -33.2% |
| Furniture and vehicles | 24 | €21,727 | €16,666 | -€5,061 | -23.3% |
| Other tangible fixed assets | 26 | €72,871 | €46,570 | -€26,301 | -36.1% |
| Current assets | 29/58 | €5,836 | €43,753 | +€37,918 | +650% |
| Amounts receivable within one year | 40/41 | €2,030 | €0 | -€2,030 | -100% |
| Other amounts receivable | 41 | €2,030 | €0 | -€2,030 | -100% |
| Cash at bank and in hand | 54/58 | €385 | €40,543 | +€40,159 | +10,439% |
| Deferred charges and accrued income | 490/1 | €3,421 | €3,210 | -€211 | -6.2% |
| Total equity and liabilities | 10/49 | €100,433 | €106,989 | +€6,556 | +6.5% |
| Equity | 10/15 | €97,598 | €105,013 | +€7,415 | +7.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,138 | €84,553 | +€7,415 | +9.6% |
| Amounts payable | 17/49 | €2,835 | €1,976 | -€860 | -30.3% |
| Amounts payable within one year | 42/48 | €2,835 | €1,976 | -€860 | -30.3% |
| Trade debts | 44 | €2,601 | €1,548 | -€1,053 | -40.5% |
| Suppliers | 440/4 | €2,601 | €1,548 | -€1,053 | -40.5% |
| Taxes, remuneration and social security | 45 | €234 | €428 | +€193 | +82.4% |
| Taxes | 450/3 | €234 | €428 | +€193 | +82.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,638 | €31,362 | +€2,724 | +9.5% |
| Other operating charges | 640/8 | €568 | €544 | -€24 | -4.2% |
| Gross operating margin | 9900 | €39,266 | €44,711 | +€5,445 | +13.9% |
| Operating profit (loss) | 9901 | €10,060 | €12,805 | +€2,745 | +27.3% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €576 | €462 | -€114 | -19.8% |
| Recurring financial charges | 65 | €576 | €462 | -€114 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €9,484 | €12,343 | +€2,859 | +30.1% |
| Income taxes | 67/77 | €2,470 | €4,928 | +€2,457 | +99.5% |
| Profit (loss) for the period | 9904 | €7,014 | €7,415 | +€402 | +5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,014 | €7,415 | +€402 | +5.7% |
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 20 October 2026 via checked.be.