BVE 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.
BVE CONSULT
Largest movements
- Cash -€29,583
down €29,583 (-42.5%), from €69,569 to €39,987
mainly Other debts (-€36,279) and Contributions, distributions and other (-€17,889)
- Receivables within one year -€21,155
down €21,155 (-77.9%), from €27,156 to €6,001
of which Trade receivables: -€16,829
- Deferred charges and accrued income +€4,107
up €4,107 (+935.6%), from €439 to €4,546
- Tangible fixed assets +€1,111
up €1,111 (+34.8%), from €3,188 to €4,299
of which Furniture and vehicles: +€2,778
- Other debts -€36,279
down €36,279 (-53.5%), from €67,837 to €31,558
- Tax, wage and social debts -€7,863
down €7,863 (-69.2%), from €11,369 to €3,505
of which Taxes: -€5,449
- Trade debts -€1,182
down €1,182 (-50.3%), from €2,351 to €1,169
- Gross operating margin -€46,752
down €46,752 (-63.1%), from €74,123 to €27,372
- Taxes -€8,826
down €8,826 (-57.5%), from €15,338 to €6,512
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 | €100,353 | €54,833 | -€45,520 | -45.4% |
| Fixed assets | 21/28 | €3,188 | €4,299 | +€1,111 | +34.8% |
| Tangible fixed assets | 22/27 | €3,188 | €4,299 | +€1,111 | +34.8% |
| Furniture and vehicles | 24 | €0 | €2,778 | +€2,778 | |
| Other tangible fixed assets | 26 | €3,188 | €1,520 | -€1,668 | -52.3% |
| Current assets | 29/58 | €97,164 | €50,534 | -€46,630 | -48.0% |
| Amounts receivable within one year | 40/41 | €27,156 | €6,001 | -€21,155 | -77.9% |
| Trade receivables | 40 | €22,183 | €5,354 | -€16,829 | -75.9% |
| Other amounts receivable | 41 | €4,973 | €647 | -€4,326 | -87.0% |
| Cash at bank and in hand | 54/58 | €69,569 | €39,987 | -€29,583 | -42.5% |
| Deferred charges and accrued income | 490/1 | €439 | €4,546 | +€4,107 | +935.6% |
| Total equity and liabilities | 10/49 | €100,353 | €54,833 | -€45,520 | -45.4% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €81,753 | €36,233 | -€45,520 | -55.7% |
| Amounts payable within one year | 42/48 | €81,753 | €36,233 | -€45,520 | -55.7% |
| Financial debts | 43 | €195 | €0 | -€195 | -100.0% |
| Other loans | 439 | €195 | €0 | -€195 | -100.0% |
| Trade debts | 44 | €2,351 | €1,169 | -€1,182 | -50.3% |
| Suppliers | 440/4 | €2,351 | €1,169 | -€1,182 | -50.3% |
| Taxes, remuneration and social security | 45 | €11,369 | €3,505 | -€7,863 | -69.2% |
| Taxes | 450/3 | €8,954 | €3,505 | -€5,449 | -60.9% |
| Remuneration and social security | 454/9 | €2,414 | €0 | -€2,414 | -100.0% |
| Other amounts payable | 47/48 | €67,837 | €31,558 | -€36,279 | -53.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,937 | €2,423 | +€487 | +25.1% |
| Other operating charges | 640/8 | €643 | €664 | +€21 | +3.3% |
| Non-recurring operating charges | 66A | €73 | €0 | -€73 | -100.0% |
| Gross operating margin | 9900 | €74,123 | €27,372 | -€46,752 | -63.1% |
| Operating profit (loss) | 9901 | €71,471 | €24,284 | -€47,187 | -66.0% |
| Financial income | 75/76B | €44 | €269 | +€225 | +517.1% |
| Recurring financial income | 75 | €44 | €269 | +€225 | +517.1% |
| Financial charges | 65/66B | €141 | €152 | +€11 | +7.4% |
| Recurring financial charges | 65 | €141 | €152 | +€11 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €71,373 | €24,401 | -€46,972 | -65.8% |
| Income taxes | 67/77 | €15,338 | €6,512 | -€8,826 | -57.5% |
| Profit (loss) for the period | 9904 | €56,035 | €17,889 | -€38,146 | -68.1% |
| Profit (loss) for the period to be appropriated | 9905 | €56,035 | €17,889 | -€38,146 | -68.1% |
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 1 October 2026 via checked.be.