BVA3: 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.
BVA3
Largest movements
- Cash +€24,791
up €24,791 (+687.3%), from €3,607 to €28,398
mainly Net result for the year (+€26,312) and Receivables within one year (+€24,024)
- Receivables within one year -€24,024
down €24,024 (-8.8%), from €272,486 to €248,462
of which Other amounts receivable: -€29,250
- Reserves +€25,479
up €25,479 (+16.7%), from €152,686 to €178,165
of which Distributable reserves: +€25,479
- Debts after one year -€13,000
down €13,000 (-26.0%), from €50,000 to €37,000
- Other debts -€12,223
down €12,223 (-93.6%), from €13,056 to €833
- Gross operating margin +€20,031
up €20,031 (+163.9%), from €12,219 to €32,250
- Taxes +€1,835
up €1,835 (+196.3%), from €935 to €2,769
- Financial charges -€983
down €983 (-19.8%), from €4,955 to €3,972
- Financial income -€484
down €484 (-17.8%), from €2,717 to €2,233
- Depreciation +€442
up €442 (+112.4%), from €393 to €834
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 | €279,014 | €280,702 | +€1,688 | +0.6% |
| Fixed assets | 21/28 | €575 | €1,348 | +€773 | +134.6% |
| Tangible fixed assets | 22/27 | €575 | €1,348 | +€773 | +134.6% |
| Furniture and vehicles | 24 | - | €1,158 | +€1,158 | |
| Other tangible fixed assets | 26 | €575 | €190 | -€385 | -67.0% |
| Current assets | 29/58 | €278,440 | €279,354 | +€914 | +0.3% |
| Amounts receivable within one year | 40/41 | €272,486 | €248,462 | -€24,024 | -8.8% |
| Trade receivables | 40 | €25,851 | €31,076 | +€5,226 | +20.2% |
| Other amounts receivable | 41 | €246,635 | €217,385 | -€29,250 | -11.9% |
| Cash at bank and in hand | 54/58 | €3,607 | €28,398 | +€24,791 | +687.3% |
| Deferred charges and accrued income | 490/1 | €2,347 | €2,494 | +€147 | +6.3% |
| Total equity and liabilities | 10/49 | €279,014 | €280,702 | +€1,688 | +0.6% |
| Equity | 10/15 | €202,686 | €228,165 | +€25,479 | +12.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €152,686 | €178,165 | +€25,479 | +16.7% |
| Tax-exempt reserves | 132 | €489 | €489 | = | 0.0% |
| Distributable reserves | 133 | €152,197 | €177,675 | +€25,479 | +16.7% |
| Amounts payable | 17/49 | €76,329 | €52,537 | -€23,791 | -31.2% |
| Amounts payable after more than one year | 17 | €50,000 | €37,000 | -€13,000 | -26.0% |
| Other amounts payable | 178/9 | €50,000 | €37,000 | -€13,000 | -26.0% |
| Amounts payable within one year | 42/48 | €22,132 | €12,049 | -€10,083 | -45.6% |
| Trade debts | 44 | €2,989 | €3,062 | +€74 | +2.5% |
| Suppliers | 440/4 | €2,989 | €3,062 | +€74 | +2.5% |
| Taxes, remuneration and social security | 45 | €6,087 | €8,153 | +€2,066 | +33.9% |
| Taxes | 450/3 | €4,701 | €6,807 | +€2,105 | +44.8% |
| Remuneration and social security | 454/9 | €1,386 | €1,347 | -€39 | -2.8% |
| Other amounts payable | 47/48 | €13,056 | €833 | -€12,223 | -93.6% |
| Accrued charges and deferred income | 492/3 | €4,197 | €3,489 | -€708 | -16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €393 | €834 | +€442 | +112.4% |
| Other operating charges | 640/8 | €801 | €595 | -€206 | -25.7% |
| Gross operating margin | 9900 | €12,219 | €32,250 | +€20,031 | +163.9% |
| Operating profit (loss) | 9901 | €11,024 | €30,820 | +€19,796 | +179.6% |
| Financial income | 75/76B | €2,717 | €2,233 | -€484 | -17.8% |
| Recurring financial income | 75 | €2,717 | €2,233 | -€484 | -17.8% |
| Financial charges | 65/66B | €4,955 | €3,972 | -€983 | -19.8% |
| Recurring financial charges | 65 | €4,955 | €3,972 | -€983 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €8,786 | €29,081 | +€20,295 | +231.0% |
| Income taxes | 67/77 | €935 | €2,769 | +€1,835 | +196.3% |
| Profit (loss) for the period | 9904 | €7,852 | €26,312 | +€18,460 | +235.1% |
| Profit (loss) for the period to be appropriated | 9905 | €7,852 | €26,312 | +€18,460 | +235.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.