BOVISEL: 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.
BOVISEL
Largest movements
- Receivables within one year -€3,068
down €3,068 (-95.3%), from €3,218 to €150
of which Trade receivables: -€3,199
- Tangible fixed assets -€2,981
down €2,981 (-4.3%), from €68,569 to €65,588
- Debts after one year -€8,189
down €8,189 (-100%), from €8,189 to €0
- Reserves +€2,612
up €2,612 (+5.0%), from €52,143 to €54,755
- Tax, wage and social debts -€837
down €837 (-31.4%), from €2,670 to €1,832
- Gross operating margin -€2,332
down €2,332 (-22.9%), from €10,168 to €7,836
- Taxes -€787
down €787 (-37.0%), from €2,124 to €1,338
- Financial income -€165
down €165 (-85.3%), from €193 to €28
- Financial charges -€113
down €113 (-22.2%), from €508 to €395
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 | €79,693 | €73,406 | -€6,287 | -7.9% |
| Fixed assets | 21/28 | €68,569 | €65,588 | -€2,981 | -4.3% |
| Tangible fixed assets | 22/27 | €68,569 | €65,588 | -€2,981 | -4.3% |
| Other tangible fixed assets | 26 | €68,569 | €65,588 | -€2,981 | -4.3% |
| Current assets | 29/58 | €11,124 | €7,818 | -€3,306 | -29.7% |
| Amounts receivable within one year | 40/41 | €3,218 | €150 | -€3,068 | -95.3% |
| Trade receivables | 40 | €3,199 | €0 | -€3,199 | -100% |
| Other amounts receivable | 41 | €19 | €150 | +€131 | +700% |
| Cash at bank and in hand | 54/58 | €5,876 | €6,190 | +€314 | +5.3% |
| Deferred charges and accrued income | 490/1 | €2,031 | €1,479 | -€552 | -27.2% |
| Total equity and liabilities | 10/49 | €79,693 | €73,406 | -€6,287 | -7.9% |
| Equity | 10/15 | €60,143 | €62,755 | +€2,612 | +4.3% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €52,143 | €54,755 | +€2,612 | +5.0% |
| Distributable reserves | 133 | €52,143 | €54,755 | +€2,612 | +5.0% |
| Amounts payable | 17/49 | €19,550 | €10,651 | -€8,899 | -45.5% |
| Amounts payable after more than one year | 17 | €8,189 | €0 | -€8,189 | -100% |
| Financial debts | 170/4 | €8,189 | €0 | -€8,189 | -100% |
| Amounts payable within one year | 42/48 | €10,858 | €10,123 | -€735 | -6.8% |
| Current portion of amounts payable after more than one year | 42 | €8,075 | €8,189 | +€113 | +1.4% |
| Trade debts | 44 | €113 | €102 | -€11 | -9.8% |
| Suppliers | 440/4 | €113 | €102 | -€11 | -9.8% |
| Taxes, remuneration and social security | 45 | €2,670 | €1,832 | -€837 | -31.4% |
| Taxes | 450/3 | €2,670 | €1,832 | -€837 | -31.4% |
| Accrued charges and deferred income | 492/3 | €503 | €528 | +€24 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,981 | €2,981 | = | 0.0% |
| Other operating charges | 640/8 | €503 | €538 | +€34 | +6.8% |
| Gross operating margin | 9900 | €10,168 | €7,836 | -€2,332 | -22.9% |
| Operating profit (loss) | 9901 | €6,683 | €4,317 | -€2,367 | -35.4% |
| Financial income | 75/76B | €193 | €28 | -€165 | -85.3% |
| Recurring financial income | 75 | €193 | €28 | -€165 | -85.3% |
| Financial charges | 65/66B | €508 | €395 | -€113 | -22.2% |
| Recurring financial charges | 65 | €508 | €395 | -€113 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €6,369 | €3,950 | -€2,419 | -38.0% |
| Income taxes | 67/77 | €2,124 | €1,338 | -€787 | -37.0% |
| Profit (loss) for the period | 9904 | €4,245 | €2,612 | -€1,632 | -38.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,245 | €2,612 | -€1,632 | -38.5% |
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 19 October 2026 via checked.be.