BVB@WORKX: 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@WORKX
Largest movements
- Receivables within one year +€12,535
up €12,535 (+153.0%), from €8,195 to €20,730
of which Trade receivables: +€9,904
- Cash -€5,402
down €5,402 (-13.1%), from €41,296 to €35,894
mainly Receivables within one year (-€12,535) and Trade debts (-€9,013)
- Tangible fixed assets -€5,370
down €5,370 (-21.4%), from €25,153 to €19,782
of which Furniture and vehicles: -€7,122
- Reserves +€14,391
up €14,391 (+41.5%), from €34,709 to €49,100
- Trade debts -€9,013
down €9,013 (-90.6%), from €9,946 to €933
- Debts after one year -€5,737
down €5,737 (-34.3%), from €16,719 to €10,983
- Other debts +€3,764
up €3,764 (+148.5%), from €2,535 to €6,299
- Tax, wage and social debts -€2,518
down €2,518 (-97.2%), from €2,592 to €74
- Gross operating margin +€15,316
up €15,316 (+102.9%), from €14,888 to €30,203
- Taxes +€3,167
up €3,167 (+224.4%), from €1,411 to €4,578
- Financial charges -€693
down €693 (-43.3%), from €1,601 to €908
- Other operating charges -€402
down €402 (-21.0%), from €1,912 to €1,510
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,548 | €76,848 | +€1,299 | +1.7% |
| Fixed assets | 21/28 | €25,153 | €19,782 | -€5,370 | -21.4% |
| Tangible fixed assets | 22/27 | €25,153 | €19,782 | -€5,370 | -21.4% |
| Plant, machinery and equipment | 23 | - | €1,752 | +€1,752 | |
| Furniture and vehicles | 24 | €25,153 | €18,030 | -€7,122 | -28.3% |
| Current assets | 29/58 | €50,396 | €57,065 | +€6,670 | +13.2% |
| Amounts receivable within one year | 40/41 | €8,195 | €20,730 | +€12,535 | +153.0% |
| Trade receivables | 40 | €3,534 | €13,438 | +€9,904 | +280.2% |
| Other amounts receivable | 41 | €4,661 | €7,292 | +€2,631 | +56.5% |
| Cash at bank and in hand | 54/58 | €41,296 | €35,894 | -€5,402 | -13.1% |
| Deferred charges and accrued income | 490/1 | €905 | €441 | -€464 | -51.3% |
| Total equity and liabilities | 10/49 | €75,548 | €76,848 | +€1,299 | +1.7% |
| Equity | 10/15 | €37,709 | €52,100 | +€14,391 | +38.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €34,709 | €49,100 | +€14,391 | +41.5% |
| Distributable reserves | 133 | €34,709 | €49,100 | +€14,391 | +41.5% |
| Amounts payable | 17/49 | €37,839 | €24,747 | -€13,092 | -34.6% |
| Amounts payable after more than one year | 17 | €16,719 | €10,983 | -€5,737 | -34.3% |
| Financial debts | 170/4 | €16,719 | €10,983 | -€5,737 | -34.3% |
| Amounts payable within one year | 42/48 | €20,930 | €13,404 | -€7,526 | -36.0% |
| Current portion of amounts payable after more than one year | 42 | €5,857 | €6,098 | +€241 | +4.1% |
| Trade debts | 44 | €9,946 | €933 | -€9,013 | -90.6% |
| Suppliers | 440/4 | €9,946 | €933 | -€9,013 | -90.6% |
| Taxes, remuneration and social security | 45 | €2,592 | €74 | -€2,518 | -97.2% |
| Taxes | 450/3 | €2,592 | €74 | -€2,518 | -97.2% |
| Other amounts payable | 47/48 | €2,535 | €6,299 | +€3,764 | +148.5% |
| Accrued charges and deferred income | 492/3 | €190 | €361 | +€171 | +89.8% |
| Remuneration, social security and pensions | 62 | €1,760 | €1,760 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,019 | €7,143 | +€124 | +1.8% |
| Other operating charges | 640/8 | €1,912 | €1,510 | -€402 | -21.0% |
| Gross operating margin | 9900 | €14,888 | €30,203 | +€15,316 | +102.9% |
| Operating profit (loss) | 9901 | €4,197 | €19,791 | +€15,594 | +371.6% |
| Financial income | 75/76B | €6 | €87 | +€81 | +1273.9% |
| Recurring financial income | 75 | €6 | €87 | +€81 | +1273.9% |
| Financial charges | 65/66B | €1,601 | €908 | -€693 | -43.3% |
| Recurring financial charges | 65 | €1,601 | €908 | -€693 | -43.3% |
| Profit (loss) for the period before taxes | 9903 | €2,602 | €18,969 | +€16,367 | +629.1% |
| Income taxes | 67/77 | €1,411 | €4,578 | +€3,167 | +224.4% |
| Profit (loss) for the period | 9904 | €1,190 | €14,391 | +€13,200 | +1108.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,190 | €14,391 | +€13,200 | +1108.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.