BVAK: what changed
What changed
BVAK
NACE 62.200, Computer consultancy and computer facilities management
filed annual accounts (NBB)
Net result for the year
€40,606
2024 · €2,146+€38,460
Equity
€93,751
2024 · €68,145+€25,606
Cash
€55,215
2024 · €33,794+€21,421
Balance sheet total
€247,710
2024 · €234,813+€12,897
Largest movements
Assets
- Cash +€21,421
up €21,421 (+63.4%), from €33,794 to €55,215
mainly Net result for the year (+€40,606) and Depreciation (+€13,386)
- Tangible fixed assets -€11,650
down €11,650 (-6.5%), from €178,171 to €166,521
of which Plant, machinery and equipment: -€6,676
Equity and liabilities
- Reserves +€25,606
up €25,606 (+98.5%), from €26,000 to €51,606
- Debts after one year -€15,688
down €15,688 (-27.0%), from €58,104 to €42,416
- Tax, wage and social debts +€2,709
up €2,709 (+12.8%), from €21,183 to €23,892
of which Taxes: +€6,179
Income statement
- Staff costs -€22,841
down €22,841 (-84.8%), from €26,926 to €4,085
- Provisions -€22,241
no longer reported in 2025 (was €22,241)
- Taxes +€9,805
up €9,805 (+150%), from €6,539 to €16,344
- Other operating charges -€1,699
down €1,699 (-69.0%), from €2,461 to €762
- Financial charges -€1,325
down €1,325 (-25.4%), from €5,212 to €3,887
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
€2,146
Gross operating margin
-€1,117
Staff costs
+€22,841
Depreciation
+€1,276
Provisions
+€22,241
Other operating charges
+€1,699
Financial charges
+€1,325
Taxes
-€9,805
Result 2025
€40,606
raises the resultlowers the result
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
+€53,452
Investment
-€1,736
Financing
-€30,295
Cash 2024
€33,794
From operations (derived)
+€53,452
Net result for the year
+€40,606
Depreciation
+€13,386
Receivables within one year
-€943
Deferred charges and accrued income
-€2,183
Trade debts
+€796
Tax, wage and social debts
+€2,709
Other debts
-€919
Investment (derived)
-€1,736
Investment in fixed assets (net)
-€1,736
Financing
-€30,295
Debts after one year
-€15,688
Current portion of long-term debt
+€393
Contributions, distributions and other
-€15,000
Cash 2025
€55,215
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €234,813 | €247,710 | +€12,897 | +5.5% |
| Fixed assets | 21/28 | €178,171 | €166,521 | -€11,650 | -6.5% |
| Tangible fixed assets | 22/27 | €178,171 | €166,521 | -€11,650 | -6.5% |
| Land and buildings | 22 | €146,777 | €141,871 | -€4,906 | -3.3% |
| Plant, machinery and equipment | 23 | €29,493 | €22,817 | -€6,676 | -22.6% |
| Furniture and vehicles | 24 | €1,901 | €1,833 | -€68 | -3.6% |
| Current assets | 29/58 | €56,642 | €81,189 | +€24,547 | +43.3% |
| Amounts receivable within one year | 40/41 | €20,486 | €21,429 | +€943 | +4.6% |
| Trade receivables | 40 | €20,486 | €21,429 | +€943 | +4.6% |
| Cash at bank and in hand | 54/58 | €33,794 | €55,215 | +€21,421 | +63.4% |
| Deferred charges and accrued income | 490/1 | €2,362 | €4,545 | +€2,183 | +92.4% |
| Total equity and liabilities | 10/49 | €234,813 | €247,710 | +€12,897 | +5.5% |
| Equity | 10/15 | €68,145 | €93,751 | +€25,606 | +37.6% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €26,000 | €51,606 | +€25,606 | +98.5% |
| Distributable reserves | 133 | €26,000 | €51,606 | +€25,606 | +98.5% |
| Profit (loss) carried forward | 14 | €34,085 | €34,085 | = | 0.0% |
| Provisions and deferred taxes | 16 | €22,241 | €22,241 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €22,241 | €22,241 | = | 0.0% |
| Other liabilities and charges | 164/5 | €22,241 | €22,241 | = | 0.0% |
| Amounts payable | 17/49 | €144,427 | €131,718 | -€12,709 | -8.8% |
| Amounts payable after more than one year | 17 | €58,104 | €42,416 | -€15,688 | -27.0% |
| Financial debts | 170/4 | €58,104 | €42,416 | -€15,688 | -27.0% |
| Amounts payable within one year | 42/48 | €86,323 | €89,302 | +€2,979 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €15,295 | €15,688 | +€393 | +2.6% |
| Trade debts | 44 | €19,374 | €20,170 | +€796 | +4.1% |
| Suppliers | 440/4 | €19,374 | €20,170 | +€796 | +4.1% |
| Taxes, remuneration and social security | 45 | €21,183 | €23,892 | +€2,709 | +12.8% |
| Taxes | 450/3 | €15,773 | €21,952 | +€6,179 | +39.2% |
| Remuneration and social security | 454/9 | €5,410 | €1,940 | -€3,470 | -64.1% |
| Other amounts payable | 47/48 | €30,471 | €29,552 | -€919 | -3.0% |
| Remuneration, social security and pensions | 62 | €26,926 | €4,085 | -€22,841 | -84.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,662 | €13,386 | -€1,276 | -8.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €22,241 | - | -€22,241 | |
| Other operating charges | 640/8 | €2,461 | €762 | -€1,699 | -69.0% |
| Gross operating margin | 9900 | €80,187 | €79,070 | -€1,117 | -1.4% |
| Operating profit (loss) | 9901 | €13,897 | €60,837 | +€46,940 | +338% |
| Financial charges | 65/66B | €5,212 | €3,887 | -€1,325 | -25.4% |
| Recurring financial charges | 65 | €5,212 | €3,887 | -€1,325 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | €8,685 | €56,950 | +€48,265 | +556% |
| Income taxes | 67/77 | €6,539 | €16,344 | +€9,805 | +150% |
| Profit (loss) for the period | 9904 | €2,146 | €40,606 | +€38,460 | +1,792% |
| Profit (loss) for the period to be appropriated | 9905 | €2,146 | €40,606 | +€38,460 | +1,792% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.