BVDP Link: 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.
BVDP Link
Largest movements
- Receivables within one year -€3,140
down €3,140 (-12.7%), from €24,645 to €21,505
- Deferred charges and accrued income +€980
up €980 (+62.5%), from €1,567 to €2,548
- Cash +€351
up €351 (+164.7%), from €213 to €564
mainly Receivables within one year (+€3,140)
- Profit (loss) carried forward -€1,808
down €1,808 (-6.9%), from €26,325 to €24,516
- Gross operating margin -€7,387
down €7,387, from €4,658 to -€2,729
- Taxes -€1,579
no longer reported in 2025 (was €1,579)
- Financial income -€284
down €284 (-22.4%), from €1,264 to €980
- Financial charges +€60
up €60 (+14900.0%), from €0 to €60
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 | €26,425 | €24,616 | -€1,808 | -6.8% |
| Current assets | 29/58 | €26,425 | €24,616 | -€1,808 | -6.8% |
| Amounts receivable within one year | 40/41 | €24,645 | €21,505 | -€3,140 | -12.7% |
| Other amounts receivable | 41 | €24,645 | €21,505 | -€3,140 | -12.7% |
| Cash at bank and in hand | 54/58 | €213 | €564 | +€351 | +164.7% |
| Deferred charges and accrued income | 490/1 | €1,567 | €2,548 | +€980 | +62.5% |
| Total equity and liabilities | 10/49 | €26,425 | €24,616 | -€1,808 | -6.8% |
| Equity | 10/15 | €26,425 | €24,616 | -€1,808 | -6.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,325 | €24,516 | -€1,808 | -6.9% |
| Gross operating margin | 9900 | €4,658 | -€2,729 | -€7,387 | |
| Operating profit (loss) | 9901 | €4,658 | -€2,729 | -€7,387 | |
| Financial income | 75/76B | €1,264 | €980 | -€284 | -22.4% |
| Recurring financial income | 75 | €1,264 | €980 | -€284 | -22.4% |
| Financial charges | 65/66B | €0 | €60 | +€60 | +14900.0% |
| Recurring financial charges | 65 | €0 | €60 | +€60 | +14900.0% |
| Profit (loss) for the period before taxes | 9903 | €5,922 | -€1,808 | -€7,730 | |
| Income taxes | 67/77 | €1,579 | - | -€1,579 | |
| Profit (loss) for the period | 9904 | €4,343 | -€1,808 | -€6,151 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,343 | -€1,808 | -€6,151 |
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.