BVBA en zonen: 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.
BVBA en zonen
Largest movements
- Receivables within one year +€23,042
up €23,042 (+205%), from €11,257 to €34,299
of which Trade receivables: +€14,520
- Cash -€12,983
down €12,983 (-9.1%), from €143,101 to €130,118
mainly Investment in fixed assets (net) (-€31,221) and Receivables within one year (-€23,042)
- Tangible fixed assets +€12,556
up €12,556 (+8.2%), from €152,741 to €165,297
of which Furniture and vehicles: +€20,364
- Reserves +€19,685
up €19,685 (+12.6%), from €156,122 to €175,807
of which Distributable reserves: +€19,685
- Current portion of long-term debt +€5,112
up €5,112 (+47.5%), from €10,755 to €15,867
- Gross operating margin +€15,481
up €15,481 (+39.1%), from €39,600 to €55,081
- Depreciation +€5,253
up €5,253 (+39.2%), from €13,412 to €18,665
- Taxes +€3,193
up €3,193 (+47.0%), from €6,786 to €9,979
- Financial charges +€680
up €680 (+27.4%), from €2,486 to €3,166
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 | €314,468 | €338,416 | +€23,948 | +7.6% |
| Fixed assets | 21/28 | €152,741 | €165,297 | +€12,556 | +8.2% |
| Tangible fixed assets | 22/27 | €152,741 | €165,297 | +€12,556 | +8.2% |
| Land and buildings | 22 | €143,289 | €134,129 | -€9,160 | -6.4% |
| Plant, machinery and equipment | 23 | €4,664 | €6,016 | +€1,352 | +29.0% |
| Furniture and vehicles | 24 | €4,788 | €25,152 | +€20,364 | +425% |
| Current assets | 29/58 | €161,727 | €173,119 | +€11,392 | +7.0% |
| Amounts receivable within one year | 40/41 | €11,257 | €34,299 | +€23,042 | +205% |
| Trade receivables | 40 | - | €14,520 | +€14,520 | |
| Other amounts receivable | 41 | €11,257 | €19,779 | +€8,522 | +75.7% |
| Current investments | 50/53 | €1,407 | - | -€1,407 | |
| Cash at bank and in hand | 54/58 | €143,101 | €130,118 | -€12,983 | -9.1% |
| Deferred charges and accrued income | 490/1 | €5,962 | €8,702 | +€2,740 | +46.0% |
| Total equity and liabilities | 10/49 | €314,468 | €338,416 | +€23,948 | +7.6% |
| Equity | 10/15 | €163,080 | €182,765 | +€19,685 | +12.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €156,122 | €175,807 | +€19,685 | +12.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €154,262 | €173,947 | +€19,685 | +12.8% |
| Profit (loss) carried forward | 14 | €758 | €758 | = | 0.0% |
| Amounts payable | 17/49 | €151,388 | €155,651 | +€4,263 | +2.8% |
| Amounts payable after more than one year | 17 | €125,277 | €125,863 | +€586 | +0.5% |
| Financial debts | 170/4 | €125,277 | €125,863 | +€586 | +0.5% |
| Amounts payable within one year | 42/48 | €26,112 | €29,788 | +€3,677 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €10,755 | €15,867 | +€5,112 | +47.5% |
| Financial debts | 43 | €97 | - | -€97 | |
| Credit institutions | 430/8 | €97 | - | -€97 | |
| Trade debts | 44 | €3,499 | €646 | -€2,853 | -81.5% |
| Suppliers | 440/4 | €3,499 | €646 | -€2,853 | -81.5% |
| Taxes, remuneration and social security | 45 | €11,759 | €13,275 | +€1,515 | +12.9% |
| Taxes | 450/3 | €11,759 | €13,275 | +€1,515 | +12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,412 | €18,665 | +€5,253 | +39.2% |
| Other operating charges | 640/8 | €3,132 | €3,586 | +€454 | +14.5% |
| Gross operating margin | 9900 | €39,600 | €55,081 | +€15,481 | +39.1% |
| Operating profit (loss) | 9901 | €23,056 | €32,830 | +€9,774 | +42.4% |
| Financial income | 75/76B | €3 | €0 | -€3 | -100% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100% |
| Financial charges | 65/66B | €2,486 | €3,166 | +€680 | +27.4% |
| Recurring financial charges | 65 | €2,486 | €3,166 | +€680 | +27.4% |
| Profit (loss) for the period before taxes | 9903 | €20,572 | €29,664 | +€9,091 | +44.2% |
| Income taxes | 67/77 | €6,786 | €9,979 | +€3,193 | +47.0% |
| Profit (loss) for the period | 9904 | €13,786 | €19,685 | +€5,899 | +42.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,786 | €19,685 | +€5,899 | +42.8% |
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.