BVE CONSULTANCY: 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.
BVE CONSULTANCY
Largest movements
- Tangible fixed assets +€48,359
up €48,359 (+77.0%), from €62,797 to €111,155
of which Furniture and vehicles: +€52,390
- Cash -€29,967
down €29,967 (-30.6%), from €97,899 to €67,932
mainly Contributions, distributions and other (-€78,172) and Investment in fixed assets (net) (-€66,603)
- Receivables within one year +€5,704
up €5,704 (+22.6%), from €25,280 to €30,984
of which Trade receivables: +€5,704
- Debts after one year +€49,934
new in 2025: €49,934
- Other debts -€26,035
down €26,035 (-15.9%), from €164,190 to €138,155
- Tax, wage and social debts -€4,865
down €4,865 (-35.9%), from €13,560 to €8,695
of which Remuneration and social security: -€3,107
- Current portion of long-term debt +€4,510
up €4,510 (+55.0%), from €8,201 to €12,711
- Gross operating margin +€30,159
up €30,159 (+34.2%), from €88,117 to €118,276
- Taxes +€6,864
up €6,864 (+48.5%), from €14,163 to €21,027
- Depreciation +€3,258
up €3,258 (+21.7%), from €14,986 to €18,244
- Other operating charges -€1,613
down €1,613 (-68.3%), from €2,363 to €750
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 | €187,502 | €210,995 | +€23,493 | +12.5% |
| Fixed assets | 21/28 | €62,797 | €111,155 | +€48,359 | +77.0% |
| Tangible fixed assets | 22/27 | €62,797 | €111,155 | +€48,359 | +77.0% |
| Plant, machinery and equipment | 23 | - | €496 | +€496 | |
| Furniture and vehicles | 24 | €7,272 | €59,662 | +€52,390 | +720% |
| Other tangible fixed assets | 26 | €55,525 | €50,997 | -€4,527 | -8.2% |
| Current assets | 29/58 | €124,705 | €99,840 | -€24,865 | -19.9% |
| Amounts receivable within one year | 40/41 | €25,280 | €30,984 | +€5,704 | +22.6% |
| Trade receivables | 40 | €24,718 | €30,422 | +€5,704 | +23.1% |
| Other amounts receivable | 41 | €563 | €563 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €97,899 | €67,932 | -€29,967 | -30.6% |
| Deferred charges and accrued income | 490/1 | €1,526 | €924 | -€602 | -39.5% |
| Total equity and liabilities | 10/49 | €187,502 | €210,995 | +€23,493 | +12.5% |
| Equity | 10/15 | €1,500 | €1,500 | = | 0.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Amounts payable | 17/49 | €186,002 | €209,495 | +€23,493 | +12.6% |
| Amounts payable after more than one year | 17 | - | €49,934 | +€49,934 | |
| Financial debts | 170/4 | - | €49,934 | +€49,934 | |
| Amounts payable within one year | 42/48 | €186,002 | €159,561 | -€26,441 | -14.2% |
| Current portion of amounts payable after more than one year | 42 | €8,201 | €12,711 | +€4,510 | +55.0% |
| Trade debts | 44 | €51 | - | -€51 | |
| Suppliers | 440/4 | €51 | - | -€51 | |
| Taxes, remuneration and social security | 45 | €13,560 | €8,695 | -€4,865 | -35.9% |
| Taxes | 450/3 | €10,453 | €8,695 | -€1,758 | -16.8% |
| Remuneration and social security | 454/9 | €3,107 | - | -€3,107 | |
| Other amounts payable | 47/48 | €164,190 | €138,155 | -€26,035 | -15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,986 | €18,244 | +€3,258 | +21.7% |
| Other operating charges | 640/8 | €2,363 | €750 | -€1,613 | -68.3% |
| Gross operating margin | 9900 | €88,117 | €118,276 | +€30,159 | +34.2% |
| Operating profit (loss) | 9901 | €70,768 | €99,282 | +€28,514 | +40.3% |
| Financial income | 75/76B | €1,520 | €863 | -€657 | -43.2% |
| Recurring financial income | 75 | €1,520 | €863 | -€657 | -43.2% |
| Financial charges | 65/66B | €198 | €947 | +€748 | +378% |
| Recurring financial charges | 65 | €198 | €947 | +€748 | +378% |
| Profit (loss) for the period before taxes | 9903 | €72,089 | €99,199 | +€27,109 | +37.6% |
| Income taxes | 67/77 | €14,163 | €21,027 | +€6,864 | +48.5% |
| Profit (loss) for the period | 9904 | €57,927 | €78,172 | +€20,245 | +34.9% |
| Profit (loss) for the period to be appropriated | 9905 | €57,927 | €78,172 | +€20,245 | +34.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.