BVB TECHNICS: what changed
Two financial 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 TECHNICS
Largest movements
- Cash +€19,993
up €19,993 (+117%), from €17,097 to €37,090
mainly Receivables within one year (+€11,564) and Tax, wage and social debts (+€10,668)
- Receivables within one year -€11,564
down €11,564 (-32.6%), from €35,470 to €23,906
of which Trade receivables: -€16,296
- Tangible fixed assets -€1,664
down €1,664 (-33.4%), from €4,987 to €3,323
of which Other tangible fixed assets: -€1,383
- Deferred charges and accrued income -€1,235
no longer reported in 2025 (was €1,235)
- Tax, wage and social debts +€10,668
up €10,668 (+133%), from €8,015 to €18,683
of which Taxes: +€7,086
- Profit (loss) carried forward -€7,441
down €7,441, from €133 to -€7,309
- Other debts +€1,524
up €1,524 (+4.8%), from €31,791 to €33,316
- Trade debts +€778
new in 2025: €778
- Gross operating margin -€16,613
down €16,613, from €12,089 to -€4,524
- Financial charges -€7,398
down €7,398 (-91.0%), from €8,131 to €733
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.
Derived cash bridge
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 | €58,789 | €64,319 | +€5,530 | +9.4% |
| Fixed assets | 21/28 | €4,987 | €3,323 | -€1,664 | -33.4% |
| Tangible fixed assets | 22/27 | €4,987 | €3,323 | -€1,664 | -33.4% |
| Furniture and vehicles | 24 | €838 | €557 | -€281 | -33.6% |
| Other tangible fixed assets | 26 | €4,149 | €2,766 | -€1,383 | -33.3% |
| Current assets | 29/58 | €53,802 | €60,996 | +€7,194 | +13.4% |
| Amounts receivable within one year | 40/41 | €35,470 | €23,906 | -€11,564 | -32.6% |
| Trade receivables | 40 | €28,758 | €12,462 | -€16,296 | -56.7% |
| Other amounts receivable | 41 | €6,712 | €11,443 | +€4,732 | +70.5% |
| Cash at bank and in hand | 54/58 | €17,097 | €37,090 | +€19,993 | +117% |
| Deferred charges and accrued income | 490/1 | €1,235 | - | -€1,235 | |
| Total equity and liabilities | 10/49 | €58,789 | €64,319 | +€5,530 | +9.4% |
| Equity | 10/15 | €18,983 | €11,541 | -€7,441 | -39.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €250 | €250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €250 | €250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €250 | €250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €133 | -€7,309 | -€7,441 | |
| Amounts payable | 17/49 | €39,806 | €52,777 | +€12,971 | +32.6% |
| Amounts payable within one year | 42/48 | €39,806 | €52,777 | +€12,971 | +32.6% |
| Trade debts | 44 | - | €778 | +€778 | |
| Suppliers | 440/4 | - | €778 | +€778 | |
| Taxes, remuneration and social security | 45 | €8,015 | €18,683 | +€10,668 | +133% |
| Taxes | 450/3 | €7,508 | €14,594 | +€7,086 | +94.4% |
| Remuneration and social security | 454/9 | €507 | €4,089 | +€3,583 | +707% |
| Other amounts payable | 47/48 | €31,791 | €33,316 | +€1,524 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,664 | €1,664 | +€0 | 0.0% |
| Other operating charges | 640/8 | €623 | €520 | -€104 | -16.6% |
| Gross operating margin | 9900 | €12,089 | -€4,524 | -€16,613 | |
| Operating profit (loss) | 9901 | €9,801 | -€6,708 | -€16,510 | |
| Financial charges | 65/66B | €8,131 | €733 | -€7,398 | -91.0% |
| Recurring financial charges | 65 | €8,131 | €733 | -€7,398 | -91.0% |
| Profit (loss) for the period before taxes | 9903 | €1,670 | -€7,441 | -€9,112 | |
| Profit (loss) for the period | 9904 | €1,670 | -€7,441 | -€9,112 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,670 | -€7,441 | -€9,112 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.