BOVIK: 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.
BOVIK
Largest movements
- Current investments +€260,000
up €260,000 (+325.0%), from €80,000 to €340,000
- Financial fixed assets -€174,148
no longer reported in 2025 (was €174,148)
- Tangible fixed assets -€37,400
down €37,400 (-7.4%), from €507,794 to €470,394
of which Land and buildings: -€26,045
- Receivables within one year +€16,632
new in 2025: €16,632
- Reserves +€121,000
up €121,000 (+58.8%), from €205,700 to €326,700
- Debts after one year -€39,600
no longer reported in 2025 (was €39,600)
- Current portion of long-term debt -€19,800
no longer reported in 2025 (was €19,800)
- Other debts -€15,344
down €15,344 (-10.4%), from €147,369 to €132,025
- Tax, wage and social debts +€11,791
up €11,791 (+177.3%), from €6,651 to €18,443
- Gross operating margin +€120,139
up €120,139 (+178.1%), from €67,457 to €187,595
- Taxes +€14,626
up €14,626 (+220.7%), from €6,628 to €21,254
- Financial charges -€2,221
down €2,221 (-17.5%), from €12,680 to €10,459
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 | €772,729 | €831,037 | +€58,308 | +7.5% |
| Fixed assets | 21/28 | €681,942 | €470,394 | -€211,548 | -31.0% |
| Tangible fixed assets | 22/27 | €507,794 | €470,394 | -€37,400 | -7.4% |
| Land and buildings | 22 | €460,076 | €434,031 | -€26,045 | -5.7% |
| Plant, machinery and equipment | 23 | - | €1,345 | +€1,345 | |
| Furniture and vehicles | 24 | €47,718 | €35,018 | -€12,700 | -26.6% |
| Financial fixed assets | 28 | €174,148 | - | -€174,148 | |
| Current assets | 29/58 | €90,787 | €360,643 | +€269,856 | +297.2% |
| Amounts receivable within one year | 40/41 | - | €16,632 | +€16,632 | |
| Trade receivables | 40 | - | €16,632 | +€16,632 | |
| Current investments | 50/53 | €80,000 | €340,000 | +€260,000 | +325.0% |
| Cash at bank and in hand | 54/58 | €8,701 | €2,051 | -€6,651 | -76.4% |
| Deferred charges and accrued income | 490/1 | €2,086 | €1,960 | -€126 | -6.0% |
| Total equity and liabilities | 10/49 | €772,729 | €831,037 | +€58,308 | +7.5% |
| Equity | 10/15 | €555,663 | €678,275 | +€122,613 | +22.1% |
| Contributions | 10/11 | €165,000 | €165,000 | = | 0.0% |
| Reserves | 13 | €205,700 | €326,700 | +€121,000 | +58.8% |
| Distributable reserves | 133 | €205,700 | €326,700 | +€121,000 | +58.8% |
| Profit (loss) carried forward | 14 | €184,963 | €186,575 | +€1,613 | +0.9% |
| Amounts payable | 17/49 | €217,066 | €152,761 | -€64,305 | -29.6% |
| Amounts payable after more than one year | 17 | €39,600 | - | -€39,600 | |
| Other amounts payable | 178/9 | €39,600 | - | -€39,600 | |
| Amounts payable within one year | 42/48 | €175,859 | €152,761 | -€23,098 | -13.1% |
| Current portion of amounts payable after more than one year | 42 | €19,800 | - | -€19,800 | |
| Trade debts | 44 | €2,038 | €2,293 | +€255 | +12.5% |
| Suppliers | 440/4 | €2,038 | €2,293 | +€255 | +12.5% |
| Taxes, remuneration and social security | 45 | €6,651 | €18,443 | +€11,791 | +177.3% |
| Taxes | 450/3 | €6,651 | €18,443 | +€11,791 | +177.3% |
| Other amounts payable | 47/48 | €147,369 | €132,025 | -€15,344 | -10.4% |
| Accrued charges and deferred income | 492/3 | €1,607 | - | -€1,607 | |
| Non-recurring operating income | 76A | - | €114,514 | +€114,514 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,004 | €31,441 | +€436 | +1.4% |
| Other operating charges | 640/8 | €1,933 | €2,658 | +€725 | +37.5% |
| Gross operating margin | 9900 | €67,457 | €187,595 | +€120,139 | +178.1% |
| Operating profit (loss) | 9901 | €34,520 | €153,497 | +€118,977 | +344.7% |
| Financial income | 75/76B | €217 | €829 | +€612 | +282.6% |
| Recurring financial income | 75 | €217 | €829 | +€612 | +282.6% |
| Financial charges | 65/66B | €12,680 | €10,459 | -€2,221 | -17.5% |
| Recurring financial charges | 65 | €12,680 | €10,459 | -€2,221 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €22,056 | €143,867 | +€121,810 | +552.3% |
| Income taxes | 67/77 | €6,628 | €21,254 | +€14,626 | +220.7% |
| Profit (loss) for the period | 9904 | €15,428 | €122,613 | +€107,185 | +694.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,428 | €122,613 | +€107,185 | +694.7% |
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 11 October 2026 via checked.be.