BV TOM SELS: 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 TOM SELS
Largest movements
- Tangible fixed assets +€40,456
up €40,456 (+749.3%), from €5,399 to €45,855
of which Furniture and vehicles: +€45,855
- Receivables within one year -€1,813
down €1,813 (-34.8%), from €5,205 to €3,393
of which Other amounts receivable: -€1,503
- Other debts +€30,907
up €30,907 (+403.7%), from €7,656 to €38,563
- Reserves +€9,091
new in 2025: €9,091
- Current portion of long-term debt -€5,243
no longer reported in 2025 (was €5,243)
- Profit (loss) carried forward +€3,679
up €3,679 (+229.5%), from €1,603 to €5,282
- Tax, wage and social debts +€3,250
up €3,250 (+171.1%), from €1,900 to €5,150
- Gross operating margin +€18,306
up €18,306 (+284.4%), from €6,437 to €24,743
- Taxes +€4,883
up €4,883 (+15988.3%), from €31 to €4,913
- Depreciation -€2,570
down €2,570 (-33.5%), from €7,668 to €5,098
- Financial charges +€777
up €777 (+108.7%), from €715 to €1,492
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 | €19,744 | €58,677 | +€38,933 | +197.2% |
| Fixed assets | 21/28 | €5,502 | €45,958 | +€40,456 | +735.3% |
| Tangible fixed assets | 22/27 | €5,399 | €45,855 | +€40,456 | +749.3% |
| Furniture and vehicles | 24 | - | €45,855 | +€45,855 | |
| Leasing and similar rights | 25 | €5,399 | - | -€5,399 | |
| Financial fixed assets | 28 | €103 | €103 | = | 0.0% |
| Current assets | 29/58 | €14,243 | €12,720 | -€1,523 | -10.7% |
| Amounts receivable within one year | 40/41 | €5,205 | €3,393 | -€1,813 | -34.8% |
| Trade receivables | 40 | €3,703 | €3,393 | -€310 | -8.4% |
| Other amounts receivable | 41 | €1,503 | - | -€1,503 | |
| Cash at bank and in hand | 54/58 | €8,342 | €8,650 | +€308 | +3.7% |
| Deferred charges and accrued income | 490/1 | €696 | €677 | -€19 | -2.7% |
| Total equity and liabilities | 10/49 | €19,744 | €58,677 | +€38,933 | +197.2% |
| Equity | 10/15 | €1,603 | €14,373 | +€12,770 | +796.4% |
| Reserves | 13 | - | €9,091 | +€9,091 | |
| Distributable reserves | 133 | - | €9,091 | +€9,091 | |
| Profit (loss) carried forward | 14 | €1,603 | €5,282 | +€3,679 | +229.5% |
| Amounts payable | 17/49 | €18,141 | €44,304 | +€26,163 | +144.2% |
| Amounts payable within one year | 42/48 | €18,141 | €44,304 | +€26,163 | +144.2% |
| Current portion of amounts payable after more than one year | 42 | €5,243 | - | -€5,243 | |
| Trade debts | 44 | €3,342 | €591 | -€2,751 | -82.3% |
| Suppliers | 440/4 | €3,342 | €591 | -€2,751 | -82.3% |
| Taxes, remuneration and social security | 45 | €1,900 | €5,150 | +€3,250 | +171.1% |
| Taxes | 450/3 | €1,900 | €5,150 | +€3,250 | +171.1% |
| Other amounts payable | 47/48 | €7,656 | €38,563 | +€30,907 | +403.7% |
| Non-recurring operating income | 76A | - | €14,256 | +€14,256 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,668 | €5,098 | -€2,570 | -33.5% |
| Other operating charges | 640/8 | €416 | €469 | +€53 | +12.7% |
| Gross operating margin | 9900 | €6,437 | €24,743 | +€18,306 | +284.4% |
| Operating profit (loss) | 9901 | -€1,647 | €19,175 | +€20,823 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -91.9% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -91.9% |
| Financial charges | 65/66B | €715 | €1,492 | +€777 | +108.7% |
| Recurring financial charges | 65 | €715 | €1,492 | +€777 | +108.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,362 | €17,683 | +€20,045 | |
| Income taxes | 67/77 | €31 | €4,913 | +€4,883 | +15988.3% |
| Profit (loss) for the period | 9904 | -€2,392 | €12,770 | +€15,162 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,392 | €12,770 | +€15,162 |
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.