BVB CONSULTING: 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.
BVB CONSULTING
Largest movements
- Receivables after one year -€58,000
down €58,000 (-100.0%), from €58,000 to €0
- Cash -€25,180
down €25,180 (-36.1%), from €69,718 to €44,537
mainly Contributions, distributions and other (-€48,725) and Other debts (-€25,192)
- Receivables within one year +€18,012
up €18,012 (+28.4%), from €63,506 to €81,518
of which Other amounts receivable: +€19,533
- Tangible fixed assets -€3,738
down €3,738 (-24.3%), from €15,368 to €11,630
of which Plant, machinery and equipment: -€3,139
- Reserves -€38,444
down €38,444 (-38.5%), from €99,812 to €61,368
of which Distributable reserves: -€38,444
- Other debts -€25,192
down €25,192 (-34.1%), from €73,918 to €48,725
- Trade debts -€5,050
down €5,050 (-80.0%), from €6,314 to €1,264
- Gross operating margin -€26,912
down €26,912 (-54.3%), from €49,590 to €22,678
- Taxes -€6,857
down €6,857 (-48.9%), from €14,034 to €7,177
- Depreciation +€542
up €542 (+16.9%), from €3,197 to €3,738
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 | €207,092 | €138,184 | -€68,907 | -33.3% |
| Fixed assets | 21/28 | €15,868 | €12,130 | -€3,738 | -23.6% |
| Tangible fixed assets | 22/27 | €15,368 | €11,630 | -€3,738 | -24.3% |
| Plant, machinery and equipment | 23 | €12,998 | €9,859 | -€3,139 | -24.1% |
| Furniture and vehicles | 24 | €2,370 | €1,771 | -€599 | -25.3% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €191,224 | €126,055 | -€65,169 | -34.1% |
| Amounts receivable after more than one year | 29 | €58,000 | €0 | -€58,000 | -100.0% |
| Other amounts receivable | 291 | €58,000 | €0 | -€58,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €63,506 | €81,518 | +€18,012 | +28.4% |
| Trade receivables | 40 | €23,848 | €22,326 | -€1,522 | -6.4% |
| Other amounts receivable | 41 | €39,658 | €59,192 | +€19,533 | +49.3% |
| Cash at bank and in hand | 54/58 | €69,718 | €44,537 | -€25,180 | -36.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €207,092 | €138,184 | -€68,907 | -33.3% |
| Equity | 10/15 | €107,324 | €68,880 | -€38,444 | -35.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €99,812 | €61,368 | -€38,444 | -38.5% |
| Tax-exempt reserves | 132 | €100 | €100 | = | 0.0% |
| Distributable reserves | 133 | €99,712 | €61,268 | -€38,444 | -38.6% |
| Profit (loss) carried forward | 14 | €1,312 | €1,312 | = | 0.0% |
| Amounts payable | 17/49 | €99,768 | €69,305 | -€30,463 | -30.5% |
| Amounts payable within one year | 42/48 | €99,768 | €69,305 | -€30,463 | -30.5% |
| Current portion of amounts payable after more than one year | 42 | €10,915 | €10,900 | -€14 | -0.1% |
| Trade debts | 44 | €6,314 | €1,264 | -€5,050 | -80.0% |
| Suppliers | 440/4 | €6,314 | €1,264 | -€5,050 | -80.0% |
| Taxes, remuneration and social security | 45 | €8,622 | €8,415 | -€207 | -2.4% |
| Taxes | 450/3 | €8,622 | €8,415 | -€207 | -2.4% |
| Other amounts payable | 47/48 | €73,918 | €48,725 | -€25,192 | -34.1% |
| Non-recurring operating income | 76A | €6,453 | €0 | -€6,453 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,197 | €3,738 | +€542 | +16.9% |
| Other operating charges | 640/8 | €2,187 | €2,211 | +€24 | +1.1% |
| Gross operating margin | 9900 | €49,590 | €22,678 | -€26,912 | -54.3% |
| Operating profit (loss) | 9901 | €44,206 | €16,728 | -€27,478 | -62.2% |
| Financial income | 75/76B | €2,266 | €2,673 | +€407 | +18.0% |
| Recurring financial income | 75 | €2,266 | €2,673 | +€407 | +18.0% |
| Financial charges | 65/66B | €1,887 | €1,942 | +€55 | +2.9% |
| Recurring financial charges | 65 | €1,887 | €1,942 | +€55 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €44,584 | €17,458 | -€27,126 | -60.8% |
| Income taxes | 67/77 | €14,034 | €7,177 | -€6,857 | -48.9% |
| Profit (loss) for the period | 9904 | €30,550 | €10,281 | -€20,269 | -66.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,550 | €10,281 | -€20,269 | -66.3% |
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 4 October 2026 via checked.be.