BVDD Consult: 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.
BVDD Consult
Largest movements
- Current investments +€120,000
up €120,000 (+32.0%), from €375,000 to €495,000
- Cash +€46,083
up €46,083 (+57.1%), from €80,672 to €126,755
mainly Net result for the year (+€195,228) and Other debts (+€141,295)
- Tangible fixed assets -€37,971
down €37,971 (-26.4%), from €143,974 to €106,003
of which Furniture and vehicles: -€29,046
- Receivables within one year +€10,605
up €10,605 (+30.9%), from €34,331 to €44,936
of which Trade receivables: +€18,575
- Other debts +€141,295
up €141,295 (+368.6%), from €38,329 to €179,624
- Reserves +€10,000
up €10,000 (+2.2%), from €456,860 to €466,860
of which Distributable reserves: +€10,000
- Gross operating margin +€91,423
up €91,423 (+34.9%), from €261,703 to €353,126
- Financial income -€25,805
down €25,805 (-75.2%), from €34,328 to €8,523
of which Non-recurring financial income: -€30,023
- Taxes +€19,197
up €19,197 (+28.0%), from €68,618 to €87,815
- Depreciation +€8,131
up €8,131 (+24.9%), from €32,643 to €40,774
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 | €633,977 | €772,694 | +€138,717 | +21.9% |
| Fixed assets | 21/28 | €143,974 | €106,003 | -€37,971 | -26.4% |
| Tangible fixed assets | 22/27 | €143,974 | €106,003 | -€37,971 | -26.4% |
| Plant, machinery and equipment | 23 | €24,040 | €15,115 | -€8,925 | -37.1% |
| Furniture and vehicles | 24 | €119,934 | €90,888 | -€29,046 | -24.2% |
| Current assets | 29/58 | €490,003 | €666,691 | +€176,688 | +36.1% |
| Amounts receivable within one year | 40/41 | €34,331 | €44,936 | +€10,605 | +30.9% |
| Trade receivables | 40 | €16,081 | €34,656 | +€18,575 | +115.5% |
| Other amounts receivable | 41 | €18,250 | €10,280 | -€7,970 | -43.7% |
| Current investments | 50/53 | €375,000 | €495,000 | +€120,000 | +32.0% |
| Cash at bank and in hand | 54/58 | €80,672 | €126,755 | +€46,083 | +57.1% |
| Total equity and liabilities | 10/49 | €633,977 | €772,694 | +€138,717 | +21.9% |
| Equity | 10/15 | €541,525 | €546,753 | +€5,228 | +1.0% |
| Contributions | 10/11 | €13,600 | €13,600 | = | 0.0% |
| Reserves | 13 | €456,860 | €466,860 | +€10,000 | +2.2% |
| 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 | €455,000 | €465,000 | +€10,000 | +2.2% |
| Profit (loss) carried forward | 14 | €71,065 | €66,293 | -€4,772 | -6.7% |
| Amounts payable | 17/49 | €92,452 | €225,941 | +€133,489 | +144.4% |
| Amounts payable after more than one year | 17 | €2,111 | - | -€2,111 | |
| Financial debts | 170/4 | €2,111 | - | -€2,111 | |
| Amounts payable within one year | 42/48 | €89,072 | €224,036 | +€134,964 | +151.5% |
| Current portion of amounts payable after more than one year | 42 | €5,040 | €2,111 | -€2,929 | -58.1% |
| Trade debts | 44 | €6,421 | €419 | -€6,002 | -93.5% |
| Suppliers | 440/4 | €6,421 | €419 | -€6,002 | -93.5% |
| Taxes, remuneration and social security | 45 | €39,282 | €41,882 | +€2,600 | +6.6% |
| Taxes | 450/3 | €28,788 | €30,913 | +€2,125 | +7.4% |
| Remuneration and social security | 454/9 | €10,494 | €10,969 | +€475 | +4.5% |
| Other amounts payable | 47/48 | €38,329 | €179,624 | +€141,295 | +368.6% |
| Accrued charges and deferred income | 492/3 | €1,269 | €1,905 | +€636 | +50.1% |
| Remuneration, social security and pensions | 62 | €37,576 | €37,076 | -€500 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,643 | €40,774 | +€8,131 | +24.9% |
| Other operating charges | 640/8 | €597 | €554 | -€43 | -7.2% |
| Gross operating margin | 9900 | €261,703 | €353,126 | +€91,423 | +34.9% |
| Operating profit (loss) | 9901 | €190,887 | €274,722 | +€83,835 | +43.9% |
| Financial income | 75/76B | €34,328 | €8,523 | -€25,805 | -75.2% |
| Recurring financial income | 75 | €4,305 | €8,523 | +€4,218 | +98.0% |
| Non-recurring financial income | 76B | €30,023 | - | -€30,023 | |
| Financial charges | 65/66B | €263 | €202 | -€61 | -23.2% |
| Recurring financial charges | 65 | €263 | €202 | -€61 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €224,952 | €283,043 | +€58,091 | +25.8% |
| Income taxes | 67/77 | €68,618 | €87,815 | +€19,197 | +28.0% |
| Profit (loss) for the period | 9904 | €156,334 | €195,228 | +€38,894 | +24.9% |
| Profit (loss) for the period to be appropriated | 9905 | €156,334 | €195,228 | +€38,894 | +24.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.