BPLV: 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.
BPLV
Largest movements
- Receivables within one year +€25,340
up €25,340 (+50.0%), from €50,694 to €76,034
of which Other amounts receivable: +€27,110
- Tangible fixed assets +€4,515
up €4,515 (+10.8%), from €41,881 to €46,396
of which Land and buildings: +€23,244
- Cash -€2,971
down €2,971 (-39.0%), from €7,608 to €4,637
mainly Investment in fixed assets (net) (-€27,350) and Receivables within one year (-€25,340)
- Debts after one year +€22,056
up €22,056 (+170.6%), from €12,926 to €34,982
- Current portion of long-term debt +€9,510
up €9,510 (+127.3%), from €7,473 to €16,983
- Other debts -€3,809
no longer reported in 2025 (was €3,809)
- Profit (loss) carried forward -€3,674
down €3,674 (-5.3%), from €69,013 to €65,339
- Tax, wage and social debts +€1,347
up €1,347 (+45.9%), from €2,933 to €4,280
of which Remuneration and social security: +€1,500
- Gross operating margin +€17,520
up €17,520 (+534.4%), from €3,278 to €20,799
- Depreciation +€4,187
up €4,187 (+22.5%), from €18,648 to €22,836
- Other operating charges -€631
down €631 (-84.0%), from €751 to €120
- Financial charges +€542
up €542 (+61.5%), from €882 to €1,424
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 | €100,183 | €127,067 | +€26,883 | +26.8% |
| Fixed assets | 21/28 | €41,881 | €46,396 | +€4,515 | +10.8% |
| Tangible fixed assets | 22/27 | €41,881 | €46,396 | +€4,515 | +10.8% |
| Land and buildings | 22 | - | €23,244 | +€23,244 | |
| Plant, machinery and equipment | 23 | €18,283 | €8,283 | -€10,000 | -54.7% |
| Furniture and vehicles | 24 | €23,598 | €14,869 | -€8,729 | -37.0% |
| Current assets | 29/58 | €58,302 | €80,671 | +€22,369 | +38.4% |
| Amounts receivable within one year | 40/41 | €50,694 | €76,034 | +€25,340 | +50.0% |
| Trade receivables | 40 | €43,294 | €41,524 | -€1,770 | -4.1% |
| Other amounts receivable | 41 | €7,400 | €34,510 | +€27,110 | +366.3% |
| Cash at bank and in hand | 54/58 | €7,608 | €4,637 | -€2,971 | -39.0% |
| Total equity and liabilities | 10/49 | €100,183 | €127,067 | +€26,883 | +26.8% |
| Equity | 10/15 | €71,513 | €67,839 | -€3,674 | -5.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,013 | €65,339 | -€3,674 | -5.3% |
| Amounts payable | 17/49 | €28,671 | €59,228 | +€30,557 | +106.6% |
| Amounts payable after more than one year | 17 | €12,926 | €34,982 | +€22,056 | +170.6% |
| Financial debts | 170/4 | €12,926 | €34,982 | +€22,056 | +170.6% |
| Amounts payable within one year | 42/48 | €15,745 | €23,905 | +€8,160 | +51.8% |
| Current portion of amounts payable after more than one year | 42 | €7,473 | €16,983 | +€9,510 | +127.3% |
| Trade debts | 44 | €1,530 | €2,642 | +€1,112 | +72.7% |
| Suppliers | 440/4 | €1,530 | €2,642 | +€1,112 | +72.7% |
| Taxes, remuneration and social security | 45 | €2,933 | €4,280 | +€1,347 | +45.9% |
| Taxes | 450/3 | €2,933 | €2,780 | -€153 | -5.2% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €3,809 | - | -€3,809 | |
| Accrued charges and deferred income | 492/3 | - | €342 | +€342 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,648 | €22,836 | +€4,187 | +22.5% |
| Other operating charges | 640/8 | €751 | €120 | -€631 | -84.0% |
| Gross operating margin | 9900 | €3,278 | €20,799 | +€17,520 | +534.4% |
| Operating profit (loss) | 9901 | -€16,121 | -€2,157 | +€13,964 | +86.6% |
| Financial charges | 65/66B | €882 | €1,424 | +€542 | +61.5% |
| Recurring financial charges | 65 | €882 | €1,424 | +€542 | +61.5% |
| Profit (loss) for the period before taxes | 9903 | -€17,003 | -€3,581 | +€13,422 | +78.9% |
| Income taxes | 67/77 | €100 | €93 | -€7 | -6.6% |
| Profit (loss) for the period | 9904 | -€17,103 | -€3,674 | +€13,429 | +78.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,103 | -€3,674 | +€13,429 | +78.5% |
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 9 October 2026 via checked.be.