BV AUTOMATION: what changed
Two fiscal 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.
BV AUTOMATION
Largest movements
- Tangible fixed assets +€467,898
up €467,898 (+5786.8%), from €8,086 to €475,984
of which Land and buildings: +€460,911
- Current investments +€55,000
new in 2025: €55,000
- Cash -€43,935
down €43,935 (-47.3%), from €92,959 to €49,024
mainly Investment in fixed assets (net) (-€473,951) and Current investments (-€55,000)
- Receivables within one year +€8,667
up €8,667 (+12.1%), from €71,608 to €80,275
of which Other amounts receivable: +€13,773
- Debts after one year +€375,919
new in 2025: €375,919
- Profit (loss) carried forward +€86,852
up €86,852 (+66.1%), from €131,352 to €218,205
- Current portion of long-term debt +€37,007
new in 2025: €37,007
- Tax, wage and social debts -€11,858
down €11,858 (-31.3%), from €37,845 to €25,987
- Gross operating margin +€24,801
up €24,801 (+25.0%), from €99,073 to €123,873
- Financial charges +€5,156
up €5,156 (+6110.3%), from €84 to €5,240
- Depreciation +€4,823
up €4,823 (+320.4%), from €1,505 to €6,328
- Taxes +€3,439
up €3,439 (+16.5%), from €20,806 to €24,245
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 | €173,959 | €663,076 | +€489,116 | +281.2% |
| Fixed assets | 21/28 | €8,361 | €475,984 | +€467,623 | +5593.2% |
| Tangible fixed assets | 22/27 | €8,086 | €475,984 | +€467,898 | +5786.8% |
| Land and buildings | 22 | - | €460,911 | +€460,911 | |
| Plant, machinery and equipment | 23 | €6,386 | €9,925 | +€3,539 | +55.4% |
| Furniture and vehicles | 24 | €925 | €735 | -€190 | -20.5% |
| Other tangible fixed assets | 26 | €774 | €4,413 | +€3,639 | +470.1% |
| Financial fixed assets | 28 | €275 | - | -€275 | |
| Current assets | 29/58 | €165,599 | €187,092 | +€21,493 | +13.0% |
| Amounts receivable within one year | 40/41 | €71,608 | €80,275 | +€8,667 | +12.1% |
| Trade receivables | 40 | €23,371 | €18,265 | -€5,106 | -21.8% |
| Other amounts receivable | 41 | €48,237 | €62,010 | +€13,773 | +28.6% |
| Current investments | 50/53 | - | €55,000 | +€55,000 | |
| Cash at bank and in hand | 54/58 | €92,959 | €49,024 | -€43,935 | -47.3% |
| Deferred charges and accrued income | 490/1 | €1,032 | €2,793 | +€1,761 | +170.6% |
| Total equity and liabilities | 10/49 | €173,959 | €663,076 | +€489,116 | +281.2% |
| Equity | 10/15 | €133,352 | €220,205 | +€86,852 | +65.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €131,352 | €218,205 | +€86,852 | +66.1% |
| Amounts payable | 17/49 | €40,607 | €442,871 | +€402,264 | +990.6% |
| Amounts payable after more than one year | 17 | - | €375,919 | +€375,919 | |
| Financial debts | 170/4 | - | €375,919 | +€375,919 | |
| Amounts payable within one year | 42/48 | €40,607 | €65,610 | +€25,003 | +61.6% |
| Current portion of amounts payable after more than one year | 42 | - | €37,007 | +€37,007 | |
| Trade debts | 44 | €2,762 | €2,616 | -€147 | -5.3% |
| Suppliers | 440/4 | €2,762 | €2,616 | -€147 | -5.3% |
| Taxes, remuneration and social security | 45 | €37,845 | €25,987 | -€11,858 | -31.3% |
| Taxes | 450/3 | €37,845 | €25,987 | -€11,858 | -31.3% |
| Accrued charges and deferred income | 492/3 | - | €1,342 | +€1,342 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,505 | €6,328 | +€4,823 | +320.4% |
| Other operating charges | 640/8 | €512 | €1,234 | +€722 | +140.8% |
| Gross operating margin | 9900 | €99,073 | €123,873 | +€24,801 | +25.0% |
| Operating profit (loss) | 9901 | €97,055 | €116,312 | +€19,256 | +19.8% |
| Financial income | 75/76B | €1 | €27 | +€26 | +2767.7% |
| Recurring financial income | 75 | €1 | €27 | +€26 | +2767.7% |
| Financial charges | 65/66B | €84 | €5,240 | +€5,156 | +6110.3% |
| Recurring financial charges | 65 | €84 | €5,240 | +€5,156 | +6110.3% |
| Profit (loss) for the period before taxes | 9903 | €96,972 | €111,098 | +€14,126 | +14.6% |
| Income taxes | 67/77 | €20,806 | €24,245 | +€3,439 | +16.5% |
| Profit (loss) for the period | 9904 | €76,165 | €86,852 | +€10,687 | +14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €76,165 | €86,852 | +€10,687 | +14.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.