BV CONSTRUCT & CONSULT: 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 CONSTRUCT & CONSULT
Largest movements
- Tangible fixed assets -€28,278
down €28,278 (-5.7%), from €497,275 to €468,996
of which Land and buildings: -€27,543
- Receivables within one year -€18,949
down €18,949 (-15.1%), from €125,596 to €106,646
of which Trade receivables: -€17,978
- Debts after one year -€35,694
down €35,694 (-9.7%), from €367,682 to €331,988
of which Financial debts: -€35,694
- Tax, wage and social debts -€16,520
down €16,520 (-48.8%), from €33,826 to €17,306
of which Remuneration and social security: -€11,475
- Gross operating margin -€48,263
down €48,263 (-51.4%), from €93,927 to €45,664
- Staff costs -€34,223
down €34,223 (-99.4%), from €34,437 to €213
- Financial charges -€3,983
down €3,983 (-25.6%), from €15,579 to €11,595
- Taxes -€2,621
down €2,621 (-81.8%), from €3,203 to €582
- Depreciation -€1,535
down €1,535 (-5.1%), from €29,813 to €28,278
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €644,736 | €597,993 | -€46,743 | -7.2% |
| Fixed assets | 21/28 | €497,535 | €468,996 | -€28,538 | -5.7% |
| Tangible fixed assets | 22/27 | €497,275 | €468,996 | -€28,278 | -5.7% |
| Land and buildings | 22 | €495,649 | €468,106 | -€27,543 | -5.6% |
| Plant, machinery and equipment | 23 | €1,626 | €891 | -€735 | -45.2% |
| Financial fixed assets | 28 | €260 | - | -€260 | |
| Current assets | 29/58 | €147,201 | €128,997 | -€18,205 | -12.4% |
| Stocks and contracts in progress | 3 | €19,380 | €19,380 | = | 0.0% |
| Stocks | 30/36 | €3,680 | €3,680 | = | 0.0% |
| Contracts in progress | 37 | €15,700 | €15,700 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €125,596 | €106,646 | -€18,949 | -15.1% |
| Trade receivables | 40 | €113,224 | €95,246 | -€17,978 | -15.9% |
| Other amounts receivable | 41 | €12,372 | €11,400 | -€972 | -7.9% |
| Current investments | 50/53 | €1,660 | €1,660 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €0 | €0 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | €566 | €1,311 | +€745 | +131.6% |
| Total equity and liabilities | 10/49 | €644,736 | €597,993 | -€46,743 | -7.2% |
| Equity | 10/15 | €19,673 | €17,352 | -€2,321 | -11.8% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,673 | €2,352 | -€2,321 | -49.7% |
| Amounts payable | 17/49 | €625,063 | €580,641 | -€44,422 | -7.1% |
| Amounts payable after more than one year | 17 | €367,682 | €331,988 | -€35,694 | -9.7% |
| Financial debts | 170/4 | €286,022 | €250,328 | -€35,694 | -12.5% |
| Other amounts payable | 178/9 | €81,660 | €81,660 | = | 0.0% |
| Amounts payable within one year | 42/48 | €253,014 | €246,794 | -€6,220 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €33,483 | €37,901 | +€4,418 | +13.2% |
| Financial debts | 43 | €9,900 | €12,342 | +€2,442 | +24.7% |
| Credit institutions | 430/8 | €9,900 | €12,342 | +€2,442 | +24.7% |
| Trade debts | 44 | €121,013 | €118,874 | -€2,139 | -1.8% |
| Suppliers | 440/4 | €121,013 | €118,874 | -€2,139 | -1.8% |
| Taxes, remuneration and social security | 45 | €33,826 | €17,306 | -€16,520 | -48.8% |
| Taxes | 450/3 | €22,351 | €17,306 | -€5,045 | -22.6% |
| Remuneration and social security | 454/9 | €11,475 | - | -€11,475 | |
| Other amounts payable | 47/48 | €54,792 | €60,371 | +€5,580 | +10.2% |
| Accrued charges and deferred income | 492/3 | €4,367 | €1,859 | -€2,508 | -57.4% |
| Non-recurring operating income | 76A | - | €2,243 | +€2,243 | |
| Remuneration, social security and pensions | 62 | €34,437 | €213 | -€34,223 | -99.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,813 | €28,278 | -€1,535 | -5.1% |
| Other operating charges | 640/8 | €4,427 | €4,845 | +€418 | +9.4% |
| Non-recurring operating charges | 66A | €6,066 | €3,150 | -€2,916 | -48.1% |
| Gross operating margin | 9900 | €93,927 | €45,664 | -€48,263 | -51.4% |
| Operating profit (loss) | 9901 | €19,185 | €9,178 | -€10,007 | -52.2% |
| Financial income | 75/76B | €562 | €679 | +€117 | +20.8% |
| Recurring financial income | 75 | €562 | €679 | +€117 | +20.8% |
| Financial charges | 65/66B | €15,579 | €11,595 | -€3,983 | -25.6% |
| Recurring financial charges | 65 | €15,579 | €11,595 | -€3,983 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €4,168 | -€1,739 | -€5,907 | |
| Income taxes | 67/77 | €3,203 | €582 | -€2,621 | -81.8% |
| Profit (loss) for the period | 9904 | €965 | -€2,321 | -€3,286 | |
| Profit (loss) for the period to be appropriated | 9905 | €965 | -€2,321 | -€3,286 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.