BVD Consulting: 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.
BVD Consulting
Largest movements
- Cash +€102,434
up €102,434 (+116%), from €88,082 to €190,516
mainly Net result for the year (+€105,199) and Tax, wage and social debts (+€29,939)
- Receivables within one year +€33,283
up €33,283 (+80.2%), from €41,496 to €74,779
of which Other amounts receivable: +€27,160
- Reserves +€105,199
up €105,199 (+44.9%), from €234,300 to €339,499
- Tax, wage and social debts +€29,939
up €29,939 (+540%), from €5,545 to €35,484
- Gross operating margin +€13,807
up €13,807 (+9.6%), from €143,660 to €157,467
- Taxes +€5,362
up €5,362 (+11.9%), from €44,979 to €50,340
- Financial income +€3,354
up €3,354 (+33,542,800%), from €0 to €3,354
- Depreciation +€2,020
up €2,020 (+141%), from €1,435 to €3,455
- Financial charges -€1,874
down €1,874 (-93.0%), from €2,015 to €141
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 | €244,779 | €378,051 | +€133,272 | +54.4% |
| Fixed assets | 21/28 | €15,202 | €12,756 | -€2,446 | -16.1% |
| Tangible fixed assets | 22/27 | €15,202 | €12,756 | -€2,446 | -16.1% |
| Plant, machinery and equipment | 23 | €4,045 | €3,958 | -€87 | -2.1% |
| Furniture and vehicles | 24 | €11,157 | €8,798 | -€2,359 | -21.1% |
| Current assets | 29/58 | €229,578 | €365,295 | +€135,718 | +59.1% |
| Amounts receivable within one year | 40/41 | €41,496 | €74,779 | +€33,283 | +80.2% |
| Trade receivables | 40 | €35,083 | €41,206 | +€6,124 | +17.5% |
| Other amounts receivable | 41 | €6,413 | €33,573 | +€27,160 | +423% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €88,082 | €190,516 | +€102,434 | +116% |
| Total equity and liabilities | 10/49 | €244,779 | €378,051 | +€133,272 | +54.4% |
| Equity | 10/15 | €237,234 | €342,433 | +€105,199 | +44.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €234,300 | €339,499 | +€105,199 | +44.9% |
| Distributable reserves | 133 | €234,300 | €339,499 | +€105,199 | +44.9% |
| Profit (loss) carried forward | 14 | €934 | €934 | = | 0.0% |
| Amounts payable | 17/49 | €7,545 | €35,618 | +€28,073 | +372% |
| Amounts payable within one year | 42/48 | €7,545 | €35,618 | +€28,073 | +372% |
| Taxes, remuneration and social security | 45 | €5,545 | €35,484 | +€29,939 | +540% |
| Taxes | 450/3 | €5,545 | €35,484 | +€29,939 | +540% |
| Other amounts payable | 47/48 | €2,000 | €134 | -€1,866 | -93.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,435 | €3,455 | +€2,020 | +141% |
| Other operating charges | 640/8 | €918 | €1,686 | +€768 | +83.7% |
| Gross operating margin | 9900 | €143,660 | €157,467 | +€13,807 | +9.6% |
| Operating profit (loss) | 9901 | €141,308 | €152,326 | +€11,018 | +7.8% |
| Financial income | 75/76B | €0 | €3,354 | +€3,354 | +33,542,800% |
| Recurring financial income | 75 | €0 | €3,354 | +€3,354 | +33,542,800% |
| Financial charges | 65/66B | €2,015 | €141 | -€1,874 | -93.0% |
| Recurring financial charges | 65 | €2,015 | €141 | -€1,874 | -93.0% |
| Profit (loss) for the period before taxes | 9903 | €139,293 | €155,539 | +€16,247 | +11.7% |
| Income taxes | 67/77 | €44,979 | €50,340 | +€5,362 | +11.9% |
| Profit (loss) for the period | 9904 | €94,314 | €105,199 | +€10,885 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €94,314 | €105,199 | +€10,885 | +11.5% |
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 19 October 2026 via checked.be.