BV Engineering: 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 Engineering
Largest movements
- Receivables within one year +€10,891
up €10,891 (+52.9%), from €20,596 to €31,487
of which Trade receivables: +€13,563
- Cash -€5,651
down €5,651 (-27.3%), from €20,664 to €15,013
mainly Contributions, distributions and other (-€27,731) and Receivables within one year (-€10,891)
- Tangible fixed assets +€4,380
new in 2025: €4,380
- Deferred charges and accrued income -€3,585
down €3,585 (-87.4%), from €4,101 to €516
- Reserves -€18,055
down €18,055 (-65.9%), from €27,417 to €9,361
- Other debts +€17,000
new in 2025: €17,000
- Trade debts +€4,567
up €4,567 (+219.0%), from €2,086 to €6,653
- Tax, wage and social debts +€2,230
up €2,230 (+20.5%), from €10,859 to €13,089
- Gross operating margin -€13,805
down €13,805 (-45.7%), from €30,200 to €16,396
- Taxes -€2,736
down €2,736 (-42.3%), from €6,460 to €3,724
- Depreciation +€505
new in 2025: €505
- Financial charges +€466
up €466 (+36.9%), from €1,262 to €1,728
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 | €45,361 | €51,396 | +€6,035 | +13.3% |
| Fixed assets | 21/28 | - | €4,380 | +€4,380 | |
| Tangible fixed assets | 22/27 | - | €4,380 | +€4,380 | |
| Plant, machinery and equipment | 23 | - | €4,380 | +€4,380 | |
| Current assets | 29/58 | €45,361 | €47,016 | +€1,655 | +3.6% |
| Amounts receivable within one year | 40/41 | €20,596 | €31,487 | +€10,891 | +52.9% |
| Trade receivables | 40 | €14,025 | €27,588 | +€13,563 | +96.7% |
| Other amounts receivable | 41 | €6,571 | €3,899 | -€2,672 | -40.7% |
| Cash at bank and in hand | 54/58 | €20,664 | €15,013 | -€5,651 | -27.3% |
| Deferred charges and accrued income | 490/1 | €4,101 | €516 | -€3,585 | -87.4% |
| Total equity and liabilities | 10/49 | €45,361 | €51,396 | +€6,035 | +13.3% |
| Equity | 10/15 | €32,417 | €14,361 | -€18,055 | -55.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €27,417 | €9,361 | -€18,055 | -65.9% |
| Distributable reserves | 133 | €27,417 | €9,361 | -€18,055 | -65.9% |
| Amounts payable | 17/49 | €12,945 | €37,035 | +€24,090 | +186.1% |
| Amounts payable within one year | 42/48 | €12,945 | €36,742 | +€23,797 | +183.8% |
| Trade debts | 44 | €2,086 | €6,653 | +€4,567 | +219.0% |
| Suppliers | 440/4 | €2,086 | €6,653 | +€4,567 | +219.0% |
| Taxes, remuneration and social security | 45 | €10,859 | €13,089 | +€2,230 | +20.5% |
| Taxes | 450/3 | €10,859 | €13,089 | +€2,230 | +20.5% |
| Other amounts payable | 47/48 | - | €17,000 | +€17,000 | |
| Accrued charges and deferred income | 492/3 | - | €293 | +€293 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €505 | +€505 | |
| Other operating charges | 640/8 | €1,244 | €1,178 | -€66 | -5.3% |
| Gross operating margin | 9900 | €30,200 | €16,396 | -€13,805 | -45.7% |
| Operating profit (loss) | 9901 | €28,956 | €14,712 | -€14,244 | -49.2% |
| Financial income | 75/76B | €265 | €415 | +€150 | +56.5% |
| Recurring financial income | 75 | €265 | €415 | +€150 | +56.5% |
| Financial charges | 65/66B | €1,262 | €1,728 | +€466 | +36.9% |
| Recurring financial charges | 65 | €1,262 | €1,728 | +€466 | +36.9% |
| Profit (loss) for the period before taxes | 9903 | €27,960 | €13,400 | -€14,560 | -52.1% |
| Income taxes | 67/77 | €6,460 | €3,724 | -€2,736 | -42.3% |
| Profit (loss) for the period | 9904 | €21,500 | €9,676 | -€11,824 | -55.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,500 | €9,676 | -€11,824 | -55.0% |
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 8 October 2026 via checked.be.