BV-IT: what changed
What changed
BV-IT
NACE 63.100, Computing infrastructure, data processing, hosting and related activities
filed annual accounts (NBB)
Net result for the year
€110,564
2024 · €136,366-€25,802
Equity
€533,965
2024 · €423,401+€110,564
Cash
€132,125
2024 · €124,621+€7,504
Balance sheet total
€736,785
2024 · €853,455-€116,670
Largest movements
Assets
- Current investments -€230,000
down €230,000 (-100%), from €230,000 to €0
- Receivables within one year +€45,120
up €45,120 (+32.7%), from €138,090 to €183,210
of which Trade receivables: +€26,926
- Tangible fixed assets +€36,464
up €36,464 (+10.3%), from €355,279 to €391,743
of which Land and buildings: +€70,872
- Receivables after one year +€25,000
new in 2025: €25,000
Equity and liabilities
- Other debts -€346,546
down €346,546 (-95.3%), from €363,649 to €17,103
- Reserves +€110,564
up €110,564 (+27.3%), from €404,801 to €515,365
of which Distributable reserves: +€129,509
- Debts after one year +€91,190
new in 2025: €91,190
- Trade debts +€26,993
up €26,993 (+72.3%), from €37,348 to €64,341
- Current portion of long-term debt +€8,810
new in 2025: €8,810
Income statement
- Depreciation +€33,132
up €33,132 (+123%), from €27,018 to €60,150
- Gross operating margin -€22,920
down €22,920 (-10.7%), from €213,458 to €190,538
- Financial income +€18,780
up €18,780 (+428%), from €4,389 to €23,169
- Taxes -€10,692
down €10,692 (-25.1%), from €42,645 to €31,954
- Financial charges -€3,604
down €3,604 (-39.3%), from €9,163 to €5,559
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€136,366
Gross operating margin
-€22,920
Depreciation
-€33,132
Write-downs
+€130
Other operating charges
-€375
Other operating items
-€2,581
Financial income
+€18,780
Financial charges
+€3,604
Taxes
+€10,692
Result 2025
€110,564
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€225,883
Investment
+€133,387
Financing
+€100,000
Cash 2024
€124,621
From operations (derived)
-€225,883
Net result for the year
+€110,564
Depreciation
+€60,150
Receivables after one year
-€25,000
Receivables within one year
-€45,120
Deferred charges and accrued income
+€757
Trade debts
+€26,993
Tax, wage and social debts
-€3,348
Other debts
-€346,546
Accrued charges and deferred income
-€4,333
Investment (derived)
+€133,387
Investment in fixed assets (net)
-€96,613
Current investments
+€230,000
Financing
+€100,000
Debts after one year
+€91,190
Current portion of long-term debt
+€8,810
Cash 2025
€132,125
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €853,455 | €736,785 | -€116,670 | -13.7% |
| Fixed assets | 21/28 | €355,279 | €391,743 | +€36,464 | +10.3% |
| Tangible fixed assets | 22/27 | €355,279 | €391,743 | +€36,464 | +10.3% |
| Land and buildings | 22 | €203,596 | €274,467 | +€70,872 | +34.8% |
| Plant, machinery and equipment | 23 | €6,798 | €3,351 | -€3,448 | -50.7% |
| Furniture and vehicles | 24 | €144,885 | €102,928 | -€41,958 | -29.0% |
| Other tangible fixed assets | 26 | - | €10,997 | +€10,997 | |
| Current assets | 29/58 | €498,176 | €345,042 | -€153,133 | -30.7% |
| Amounts receivable after more than one year | 29 | - | €25,000 | +€25,000 | |
| Other amounts receivable | 291 | - | €25,000 | +€25,000 | |
| Amounts receivable within one year | 40/41 | €138,090 | €183,210 | +€45,120 | +32.7% |
| Trade receivables | 40 | €134,888 | €161,814 | +€26,926 | +20.0% |
| Other amounts receivable | 41 | €3,203 | €21,397 | +€18,194 | +568% |
| Current investments | 50/53 | €230,000 | €0 | -€230,000 | -100% |
| Cash at bank and in hand | 54/58 | €124,621 | €132,125 | +€7,504 | +6.0% |
| Deferred charges and accrued income | 490/1 | €5,464 | €4,707 | -€757 | -13.9% |
| Total equity and liabilities | 10/49 | €853,455 | €736,785 | -€116,670 | -13.7% |
| Equity | 10/15 | €423,401 | €533,965 | +€110,564 | +26.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €404,801 | €515,365 | +€110,564 | +27.3% |
| Tax-exempt reserves | 132 | €132,615 | €113,670 | -€18,945 | -14.3% |
| Distributable reserves | 133 | €272,186 | €401,695 | +€129,509 | +47.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €430,054 | €202,821 | -€227,233 | -52.8% |
| Amounts payable after more than one year | 17 | - | €91,190 | +€91,190 | |
| Financial debts | 170/4 | - | €91,190 | +€91,190 | |
| Amounts payable within one year | 42/48 | €420,801 | €106,711 | -€314,091 | -74.6% |
| Current portion of amounts payable after more than one year | 42 | - | €8,810 | +€8,810 | |
| Trade debts | 44 | €37,348 | €64,341 | +€26,993 | +72.3% |
| Suppliers | 440/4 | €37,348 | €64,341 | +€26,993 | +72.3% |
| Taxes, remuneration and social security | 45 | €19,804 | €16,457 | -€3,348 | -16.9% |
| Taxes | 450/3 | €13,090 | €16,457 | +€3,367 | +25.7% |
| Remuneration and social security | 454/9 | €6,714 | €0 | -€6,714 | -100% |
| Other amounts payable | 47/48 | €363,649 | €17,103 | -€346,546 | -95.3% |
| Accrued charges and deferred income | 492/3 | €9,253 | €4,920 | -€4,333 | -46.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,018 | €60,150 | +€33,132 | +123% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €130 | €0 | -€130 | -100% |
| Other operating charges | 640/8 | €2,525 | €2,900 | +€375 | +14.9% |
| Non-recurring operating charges | 66A | - | €2,581 | +€2,581 | |
| Gross operating margin | 9900 | €213,458 | €190,538 | -€22,920 | -10.7% |
| Operating profit (loss) | 9901 | €183,786 | €124,907 | -€58,878 | -32.0% |
| Financial income | 75/76B | €4,389 | €23,169 | +€18,780 | +428% |
| Recurring financial income | 75 | €4,389 | €23,169 | +€18,780 | +428% |
| Financial charges | 65/66B | €9,163 | €5,559 | -€3,604 | -39.3% |
| Recurring financial charges | 65 | €9,163 | €5,559 | -€3,604 | -39.3% |
| Profit (loss) for the period before taxes | 9903 | €179,011 | €142,517 | -€36,494 | -20.4% |
| Income taxes | 67/77 | €42,645 | €31,954 | -€10,692 | -25.1% |
| Profit (loss) for the period | 9904 | €136,366 | €110,564 | -€25,802 | -18.9% |
| Transfer from tax-exempt reserves | 789 | €84,735 | €61,045 | -€23,690 | -28.0% |
| Transfer to tax-exempt reserves | 689 | €0 | €42,100 | +€42,100 | |
| Profit (loss) for the period to be appropriated | 9905 | €221,101 | €129,509 | -€91,592 | -41.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.