BVDA Consult: 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.
BVDA Consult
Largest movements
- Cash +€49,774
up €49,774 (+136.9%), from €36,354 to €86,129
mainly Net result for the year (+€31,263) and Receivables within one year (+€14,336)
- Receivables within one year -€14,336
down €14,336 (-100.0%), from €14,336 to €0
- Reserves +€31,263
up €31,263 (+146.4%), from €21,357 to €52,620
- Tax, wage and social debts +€4,527
up €4,527 (+27.7%), from €16,323 to €20,850
- Other debts -€895
down €895 (-10.3%), from €8,709 to €7,814
- Gross operating margin +€15,898
up €15,898 (+51.8%), from €30,678 to €46,575
- Taxes +€5,610
up €5,610 (+64.7%), from €8,676 to €14,286
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 | €51,918 | €86,739 | +€34,822 | +67.1% |
| Fixed assets | 21/28 | €1,060 | €610 | -€449 | -42.4% |
| Tangible fixed assets | 22/27 | €1,060 | €610 | -€449 | -42.4% |
| Plant, machinery and equipment | 23 | €1,060 | €610 | -€449 | -42.4% |
| Current assets | 29/58 | €50,858 | €86,129 | +€35,271 | +69.4% |
| Amounts receivable within one year | 40/41 | €14,336 | €0 | -€14,336 | -100.0% |
| Trade receivables | 40 | €14,336 | €0 | -€14,336 | -100.0% |
| Cash at bank and in hand | 54/58 | €36,354 | €86,129 | +€49,774 | +136.9% |
| Deferred charges and accrued income | 490/1 | €167 | €0 | -€167 | -100.0% |
| Total equity and liabilities | 10/49 | €51,918 | €86,739 | +€34,822 | +67.1% |
| Equity | 10/15 | €26,357 | €57,620 | +€31,263 | +118.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €21,357 | €52,620 | +€31,263 | +146.4% |
| Distributable reserves | 133 | €21,357 | €52,620 | +€31,263 | +146.4% |
| Amounts payable | 17/49 | €25,561 | €29,119 | +€3,558 | +13.9% |
| Amounts payable within one year | 42/48 | €25,561 | €29,119 | +€3,558 | +13.9% |
| Trade debts | 44 | €530 | €456 | -€74 | -13.9% |
| Suppliers | 440/4 | €530 | €456 | -€74 | -13.9% |
| Taxes, remuneration and social security | 45 | €16,323 | €20,850 | +€4,527 | +27.7% |
| Taxes | 450/3 | €16,323 | €20,850 | +€4,527 | +27.7% |
| Other amounts payable | 47/48 | €8,709 | €7,814 | -€895 | -10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €288 | €449 | +€161 | +56.0% |
| Other operating charges | 640/8 | €376 | €650 | +€274 | +72.7% |
| Gross operating margin | 9900 | €30,678 | €46,575 | +€15,898 | +51.8% |
| Operating profit (loss) | 9901 | €30,013 | €45,476 | +€15,463 | +51.5% |
| Financial income | 75/76B | €38 | €168 | +€130 | +344.2% |
| Recurring financial income | 75 | €38 | €168 | +€130 | +344.2% |
| Financial charges | 65/66B | €19 | €95 | +€76 | +402.8% |
| Recurring financial charges | 65 | €19 | €95 | +€76 | +402.8% |
| Profit (loss) for the period before taxes | 9903 | €30,032 | €45,549 | +€15,517 | +51.7% |
| Income taxes | 67/77 | €8,676 | €14,286 | +€5,610 | +64.7% |
| Profit (loss) for the period | 9904 | €21,357 | €31,263 | +€9,907 | +46.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,357 | €31,263 | +€9,907 | +46.4% |
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 2 October 2026 via checked.be.