BVC-SOFT: 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.
BVC-SOFT
Largest movements
- Current investments +€30,000
new in 2025: €30,000
- Receivables within one year +€17,868
up €17,868 (+94.7%), from €18,871 to €36,739
of which Trade receivables: +€15,682
- Cash +€13,032
up €13,032 (+4.1%), from €317,522 to €330,554
mainly Net result for the year (+€51,998) and Depreciation (+€17,971)
- Tangible fixed assets -€10,141
down €10,141 (-14.5%), from €69,971 to €59,830
of which Furniture and vehicles: -€17,013
- Reserves +€51,998
up €51,998 (+14.9%), from €348,485 to €400,483
- Gross operating margin -€10,018
down €10,018 (-10.1%), from €99,240 to €89,221
- Taxes -€2,888
down €2,888 (-12.3%), from €23,565 to €20,677
- Depreciation +€1,509
up €1,509 (+9.2%), from €16,462 to €17,971
- Financial income +€1,160
up €1,160 (+69.0%), from €1,682 to €2,842
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 | €407,415 | €461,221 | +€53,805 | +13.2% |
| Fixed assets | 21/28 | €69,971 | €59,830 | -€10,141 | -14.5% |
| Tangible fixed assets | 22/27 | €69,971 | €59,830 | -€10,141 | -14.5% |
| Plant, machinery and equipment | 23 | €1,591 | €8,463 | +€6,872 | +431.9% |
| Furniture and vehicles | 24 | €68,380 | €51,366 | -€17,013 | -24.9% |
| Current assets | 29/58 | €337,444 | €401,391 | +€63,947 | +19.0% |
| Amounts receivable within one year | 40/41 | €18,871 | €36,739 | +€17,868 | +94.7% |
| Trade receivables | 40 | €15,682 | €31,363 | +€15,682 | +100.0% |
| Other amounts receivable | 41 | €3,189 | €5,376 | +€2,186 | +68.5% |
| Current investments | 50/53 | - | €30,000 | +€30,000 | |
| Cash at bank and in hand | 54/58 | €317,522 | €330,554 | +€13,032 | +4.1% |
| Deferred charges and accrued income | 490/1 | €1,051 | €4,098 | +€3,047 | +289.7% |
| Total equity and liabilities | 10/49 | €407,415 | €461,221 | +€53,805 | +13.2% |
| Equity | 10/15 | €396,858 | €448,856 | +€51,998 | +13.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €348,485 | €400,483 | +€51,998 | +14.9% |
| Distributable reserves | 133 | €348,485 | €400,483 | +€51,998 | +14.9% |
| Profit (loss) carried forward | 14 | €35,973 | €35,973 | = | 0.0% |
| Amounts payable | 17/49 | €10,557 | €12,365 | +€1,808 | +17.1% |
| Amounts payable within one year | 42/48 | €10,557 | €12,365 | +€1,808 | +17.1% |
| Trade debts | 44 | €411 | €482 | +€71 | +17.2% |
| Suppliers | 440/4 | €411 | €482 | +€71 | +17.2% |
| Taxes, remuneration and social security | 45 | €10,146 | €11,644 | +€1,498 | +14.8% |
| Taxes | 450/3 | €10,146 | €8,886 | -€1,260 | -12.4% |
| Remuneration and social security | 454/9 | - | €2,758 | +€2,758 | |
| Other amounts payable | 47/48 | - | €238 | +€238 | |
| Non-recurring operating income | 76A | €10,000 | - | -€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,462 | €17,971 | +€1,509 | +9.2% |
| Other operating charges | 640/8 | €726 | €1,300 | +€574 | +79.1% |
| Gross operating margin | 9900 | €99,240 | €89,221 | -€10,018 | -10.1% |
| Operating profit (loss) | 9901 | €82,052 | €69,950 | -€12,101 | -14.7% |
| Financial income | 75/76B | €1,682 | €2,842 | +€1,160 | +69.0% |
| Recurring financial income | 75 | €1,682 | €2,842 | +€1,160 | +69.0% |
| Financial charges | 65/66B | €103 | €118 | +€15 | +14.6% |
| Recurring financial charges | 65 | €103 | €118 | +€15 | +14.6% |
| Profit (loss) for the period before taxes | 9903 | €83,631 | €72,675 | -€10,956 | -13.1% |
| Income taxes | 67/77 | €23,565 | €20,677 | -€2,888 | -12.3% |
| Profit (loss) for the period | 9904 | €60,066 | €51,998 | -€8,068 | -13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €60,066 | €51,998 | -€8,068 | -13.4% |
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.