BVDP HR: 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.
BVDP HR
Largest movements
- Cash -€20,696
down €20,696 (-42.5%), from €48,738 to €28,041
mainly Net result for the year (-€21,622) and Debts after one year (-€5,816)
- Tangible fixed assets -€6,369
down €6,369 (-36.9%), from €17,271 to €10,902
- Receivables within one year +€4,363
up €4,363 (+525.8%), from €830 to €5,193
- Reserves -€21,622
down €21,622 (-48.3%), from €44,792 to €23,170
- Debts after one year -€5,816
no longer reported in 2025 (was €5,816)
- Other debts +€3,040
up €3,040 (+99.7%), from €3,050 to €6,090
- Tax, wage and social debts +€2,327
up €2,327 (+276.9%), from €840 to €3,167
- Current portion of long-term debt -€1,643
down €1,643 (-22.0%), from €7,458 to €5,816
- Gross operating margin -€7,085
down €7,085 (-110.9%), from -€6,391 to -€13,476
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 | €68,070 | €45,434 | -€22,636 | -33.3% |
| Fixed assets | 21/28 | €17,271 | €10,902 | -€6,369 | -36.9% |
| Tangible fixed assets | 22/27 | €17,271 | €10,902 | -€6,369 | -36.9% |
| Furniture and vehicles | 24 | €17,271 | €10,902 | -€6,369 | -36.9% |
| Current assets | 29/58 | €50,798 | €34,531 | -€16,267 | -32.0% |
| Amounts receivable within one year | 40/41 | €830 | €5,193 | +€4,363 | +525.8% |
| Trade receivables | 40 | €830 | €5,193 | +€4,363 | +525.8% |
| Cash at bank and in hand | 54/58 | €48,738 | €28,041 | -€20,696 | -42.5% |
| Deferred charges and accrued income | 490/1 | €1,231 | €1,298 | +€67 | +5.4% |
| Total equity and liabilities | 10/49 | €68,070 | €45,434 | -€22,636 | -33.3% |
| Equity | 10/15 | €49,792 | €28,170 | -€21,622 | -43.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €44,792 | €23,170 | -€21,622 | -48.3% |
| Distributable reserves | 133 | €44,792 | €23,170 | -€21,622 | -48.3% |
| Amounts payable | 17/49 | €18,278 | €17,264 | -€1,014 | -5.5% |
| Amounts payable after more than one year | 17 | €5,816 | - | -€5,816 | |
| Financial debts | 170/4 | €5,816 | - | -€5,816 | |
| Amounts payable within one year | 42/48 | €12,462 | €17,264 | +€4,802 | +38.5% |
| Current portion of amounts payable after more than one year | 42 | €7,458 | €5,816 | -€1,643 | -22.0% |
| Trade debts | 44 | €1,113 | €2,191 | +€1,078 | +96.9% |
| Suppliers | 440/4 | €1,113 | €2,191 | +€1,078 | +96.9% |
| Taxes, remuneration and social security | 45 | €840 | €3,167 | +€2,327 | +276.9% |
| Taxes | 450/3 | €840 | €3,167 | +€2,327 | +276.9% |
| Other amounts payable | 47/48 | €3,050 | €6,090 | +€3,040 | +99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,484 | €6,369 | -€115 | -1.8% |
| Other operating charges | 640/8 | €1,084 | €1,193 | +€109 | +10.0% |
| Gross operating margin | 9900 | -€6,391 | -€13,476 | -€7,085 | -110.9% |
| Operating profit (loss) | 9901 | -€13,958 | -€21,037 | -€7,079 | -50.7% |
| Financial income | 75/76B | €1 | €5 | +€4 | +370.0% |
| Recurring financial income | 75 | €1 | €5 | +€4 | +370.0% |
| Financial charges | 65/66B | €412 | €298 | -€114 | -27.7% |
| Recurring financial charges | 65 | €412 | €298 | -€114 | -27.7% |
| Profit (loss) for the period before taxes | 9903 | -€14,369 | -€21,331 | -€6,961 | -48.4% |
| Income taxes | 67/77 | €279 | €292 | +€13 | +4.6% |
| Profit (loss) for the period | 9904 | -€14,648 | -€21,622 | -€6,974 | -47.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,648 | -€21,622 | -€6,974 | -47.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.