BvdP Solutions: 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 Solutions
Largest movements
- Receivables within one year +€75,097
up €75,097 (+155%), from €48,433 to €123,530
of which Other amounts receivable: +€54,147
- Deferred charges and accrued income +€21,329
up €21,329 (+4,730%), from €451 to €21,780
- Cash -€4,479
down €4,479 (-59.5%), from €7,531 to €3,052
mainly Receivables within one year (-€75,097) and Deferred charges and accrued income (-€21,329)
- Tangible fixed assets -€4,282
down €4,282 (-26.5%), from €16,178 to €11,897
of which Leasing and similar rights: -€5,300
- Reserves +€82,565
up €82,565 (+274%), from €30,170 to €112,735
- Tax, wage and social debts +€14,085
up €14,085 (+107%), from €13,148 to €27,233
- Debts after one year -€7,071
down €7,071 (-57.8%), from €12,228 to €5,157
- Other debts -€3,945
down €3,945 (-86.8%), from €4,547 to €602
- Current portion of long-term debt +€2,051
up €2,051 (+40.9%), from €5,020 to €7,071
- Gross operating margin +€69,271
up €69,271 (+148%), from €46,676 to €115,947
- Taxes +€14,473
up €14,473 (+195%), from €7,412 to €21,885
- Financial charges +€4,246
up €4,246 (+464%), from €915 to €5,161
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 | €72,593 | €160,258 | +€87,665 | +121% |
| Fixed assets | 21/28 | €16,178 | €11,897 | -€4,282 | -26.5% |
| Tangible fixed assets | 22/27 | €16,178 | €11,897 | -€4,282 | -26.5% |
| Plant, machinery and equipment | 23 | €801 | €1,819 | +€1,018 | +127% |
| Leasing and similar rights | 25 | €15,377 | €10,077 | -€5,300 | -34.5% |
| Current assets | 29/58 | €56,415 | €148,362 | +€91,947 | +163% |
| Amounts receivable within one year | 40/41 | €48,433 | €123,530 | +€75,097 | +155% |
| Trade receivables | 40 | €25,390 | €46,340 | +€20,950 | +82.5% |
| Other amounts receivable | 41 | €23,043 | €77,190 | +€54,147 | +235% |
| Cash at bank and in hand | 54/58 | €7,531 | €3,052 | -€4,479 | -59.5% |
| Deferred charges and accrued income | 490/1 | €451 | €21,780 | +€21,329 | +4,730% |
| Total equity and liabilities | 10/49 | €72,593 | €160,258 | +€87,665 | +121% |
| Equity | 10/15 | €35,170 | €117,735 | +€82,565 | +235% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €30,170 | €112,735 | +€82,565 | +274% |
| Distributable reserves | 133 | €30,170 | €112,735 | +€82,565 | +274% |
| Amounts payable | 17/49 | €37,423 | €42,523 | +€5,100 | +13.6% |
| Amounts payable after more than one year | 17 | €12,228 | €5,157 | -€7,071 | -57.8% |
| Financial debts | 170/4 | €12,228 | €5,157 | -€7,071 | -57.8% |
| Amounts payable within one year | 42/48 | €25,195 | €37,366 | +€12,171 | +48.3% |
| Current portion of amounts payable after more than one year | 42 | €5,020 | €7,071 | +€2,051 | +40.9% |
| Trade debts | 44 | €2,480 | €2,460 | -€20 | -0.8% |
| Suppliers | 440/4 | €2,480 | €2,460 | -€20 | -0.8% |
| Taxes, remuneration and social security | 45 | €13,148 | €27,233 | +€14,085 | +107% |
| Taxes | 450/3 | €13,148 | €27,233 | +€14,085 | +107% |
| Other amounts payable | 47/48 | €4,547 | €602 | -€3,945 | -86.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,587 | €5,710 | +€123 | +2.2% |
| Other operating charges | 640/8 | €878 | €626 | -€252 | -28.7% |
| Gross operating margin | 9900 | €46,676 | €115,947 | +€69,271 | +148% |
| Operating profit (loss) | 9901 | €40,210 | €109,611 | +€69,401 | +173% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €915 | €5,161 | +€4,246 | +464% |
| Recurring financial charges | 65 | €915 | €5,161 | +€4,246 | +464% |
| Profit (loss) for the period before taxes | 9903 | €39,295 | €104,450 | +€65,155 | +166% |
| Income taxes | 67/77 | €7,412 | €21,885 | +€14,473 | +195% |
| Profit (loss) for the period | 9904 | €31,883 | €82,565 | +€50,682 | +159% |
| Profit (loss) for the period to be appropriated | 9905 | €31,883 | €82,565 | +€50,682 | +159% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.