BOVIMEX NW: 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.
BOVIMEX NW
Largest movements
- Receivables within one year +€172,450
up €172,450 (+67.5%), from €255,565 to €428,015
of which Trade receivables: +€123,896
- Stocks and contracts -€112,537
down €112,537 (-83.3%), from €135,099 to €22,562
- Cash -€45,601
down €45,601 (-53.3%), from €85,485 to €39,884
mainly Receivables within one year (-€172,450) and Investment in fixed assets (net) (-€61,817)
- Tangible fixed assets +€30,070
up €30,070 (+7.4%), from €407,665 to €437,735
of which Other tangible fixed assets: +€32,757
- Reserves +€82,000
up €82,000 (+16.4%), from €499,500 to €581,500
of which Distributable reserves: +€82,000
- Trade debts -€13,739
down €13,739 (-6.1%), from €223,714 to €209,975
- Tax, wage and social debts -€9,974
down €9,974 (-50.7%), from €19,677 to €9,703
- Taxes +€9,966
up €9,966 (+25.1%), from €39,676 to €49,642
- Depreciation +€4,714
up €4,714 (+16.6%), from €28,448 to €33,162
- Gross operating margin +€4,535
up €4,535 (+2.7%), from €169,847 to €174,382
- Financial income +€1,856
up €1,856 (+180%), from €1,030 to €2,886
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 | €895,385 | €945,602 | +€50,217 | +5.6% |
| Fixed assets | 21/28 | €419,236 | €447,891 | +€28,655 | +6.8% |
| Intangible fixed assets | 21 | €11,321 | €9,906 | -€1,415 | -12.5% |
| Tangible fixed assets | 22/27 | €407,665 | €437,735 | +€30,070 | +7.4% |
| Land and buildings | 22 | €321,235 | €307,258 | -€13,977 | -4.4% |
| Plant, machinery and equipment | 23 | €3,505 | €2,678 | -€827 | -23.6% |
| Furniture and vehicles | 24 | €16,913 | €29,030 | +€12,117 | +71.6% |
| Other tangible fixed assets | 26 | €66,012 | €98,769 | +€32,757 | +49.6% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €476,149 | €497,711 | +€21,562 | +4.5% |
| Stocks and contracts in progress | 3 | €135,099 | €22,562 | -€112,537 | -83.3% |
| Stocks | 30/36 | €135,099 | €22,562 | -€112,537 | -83.3% |
| Amounts receivable within one year | 40/41 | €255,565 | €428,015 | +€172,450 | +67.5% |
| Trade receivables | 40 | €204,119 | €328,015 | +€123,896 | +60.7% |
| Other amounts receivable | 41 | €51,446 | €100,000 | +€48,554 | +94.4% |
| Cash at bank and in hand | 54/58 | €85,485 | €39,884 | -€45,601 | -53.3% |
| Deferred charges and accrued income | 490/1 | - | €7,250 | +€7,250 | |
| Total equity and liabilities | 10/49 | €895,385 | €945,602 | +€50,217 | +5.6% |
| Equity | 10/15 | €582,778 | €665,856 | +€83,078 | +14.3% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €499,500 | €581,500 | +€82,000 | +16.4% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €492,000 | €574,000 | +€82,000 | +16.7% |
| Profit (loss) carried forward | 14 | €8,278 | €9,356 | +€1,078 | +13.0% |
| Amounts payable | 17/49 | €312,607 | €279,746 | -€32,861 | -10.5% |
| Amounts payable after more than one year | 17 | €54,001 | €45,203 | -€8,798 | -16.3% |
| Financial debts | 170/4 | €54,001 | €45,203 | -€8,798 | -16.3% |
| Amounts payable within one year | 42/48 | €258,606 | €228,476 | -€30,130 | -11.7% |
| Current portion of amounts payable after more than one year | 42 | €15,215 | €8,798 | -€6,417 | -42.2% |
| Trade debts | 44 | €223,714 | €209,975 | -€13,739 | -6.1% |
| Suppliers | 440/4 | €223,714 | €209,975 | -€13,739 | -6.1% |
| Taxes, remuneration and social security | 45 | €19,677 | €9,703 | -€9,974 | -50.7% |
| Taxes | 450/3 | €19,677 | €9,703 | -€9,974 | -50.7% |
| Accrued charges and deferred income | 492/3 | - | €6,067 | +€6,067 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,448 | €33,162 | +€4,714 | +16.6% |
| Other operating charges | 640/8 | €3,192 | €4,806 | +€1,614 | +50.6% |
| Gross operating margin | 9900 | €169,847 | €174,382 | +€4,535 | +2.7% |
| Operating profit (loss) | 9901 | €138,207 | €136,414 | -€1,793 | -1.3% |
| Financial income | 75/76B | €1,030 | €2,886 | +€1,856 | +180% |
| Recurring financial income | 75 | €1,030 | €2,886 | +€1,856 | +180% |
| Financial charges | 65/66B | €7,545 | €6,580 | -€965 | -12.8% |
| Recurring financial charges | 65 | €7,545 | €6,580 | -€965 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €131,692 | €132,720 | +€1,028 | +0.8% |
| Income taxes | 67/77 | €39,676 | €49,642 | +€9,966 | +25.1% |
| Profit (loss) for the period | 9904 | €92,016 | €83,078 | -€8,938 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €92,016 | €83,078 | -€8,938 | -9.7% |
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 23 October 2026 via checked.be.