BVE Installations: 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 Installations
Largest movements
- Receivables within one year +€48,713
up €48,713 (+87.9%), from €55,438 to €104,151
of which Trade receivables: +€57,687
- Cash +€31,430
up €31,430 (+38096.5%), from €83 to €31,512
mainly Trade debts (+€68,927) and Short-term financial debts (+€7,895)
- Trade debts +€68,927
up €68,927 (+494.7%), from €13,932 to €82,859
- Short-term financial debts +€7,895
new in 2024: €7,895
- Debts after one year -€5,899
down €5,899 (-84.1%), from €7,018 to €1,119
- Profit (loss) carried forward +€5,854
up €5,854 (+459.0%), from €1,275 to €7,129
- Tax, wage and social debts +€5,724
up €5,724 (+31.1%), from €18,415 to €24,138
of which Taxes: +€5,138
- Gross operating margin -€6,379
down €6,379 (-32.3%), from €19,749 to €13,370
- Financial charges -€3,750
down €3,750 (-73.9%), from €5,074 to €1,324
- Staff costs -€1,111
no longer reported in 2024 (was €1,111)
- Other operating charges -€764
down €764 (-38.4%), from €1,990 to €1,227
- Taxes -€757
down €757 (-15.4%), from €4,906 to €4,148
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,926 | €139,901 | +€79,975 | +133.5% |
| Fixed assets | 21/28 | €2,675 | €1,857 | -€817 | -30.6% |
| Tangible fixed assets | 22/27 | €2,675 | €1,857 | -€817 | -30.6% |
| Furniture and vehicles | 24 | €2,675 | €1,857 | -€817 | -30.6% |
| Current assets | 29/58 | €57,251 | €138,044 | +€80,793 | +141.1% |
| Amounts receivable within one year | 40/41 | €55,438 | €104,151 | +€48,713 | +87.9% |
| Trade receivables | 40 | €38,049 | €95,737 | +€57,687 | +151.6% |
| Other amounts receivable | 41 | €17,388 | €8,414 | -€8,974 | -51.6% |
| Cash at bank and in hand | 54/58 | €83 | €31,512 | +€31,430 | +38096.5% |
| Deferred charges and accrued income | 490/1 | €1,731 | €2,381 | +€650 | +37.6% |
| Total equity and liabilities | 10/49 | €59,926 | €139,901 | +€79,975 | +133.5% |
| Equity | 10/15 | €11,835 | €17,689 | +€5,854 | +49.5% |
| Contributions | 10/11 | €8,700 | €8,700 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,275 | €7,129 | +€5,854 | +459.0% |
| Amounts payable | 17/49 | €48,090 | €122,212 | +€74,122 | +154.1% |
| Amounts payable after more than one year | 17 | €7,018 | €1,119 | -€5,899 | -84.1% |
| Financial debts | 170/4 | €7,018 | €1,119 | -€5,899 | -84.1% |
| Amounts payable within one year | 42/48 | €41,073 | €121,093 | +€80,020 | +194.8% |
| Current portion of amounts payable after more than one year | 42 | €8,592 | €6,066 | -€2,526 | -29.4% |
| Financial debts | 43 | - | €7,895 | +€7,895 | |
| Credit institutions | 430/8 | - | €7,895 | +€7,895 | |
| Trade debts | 44 | €13,932 | €82,859 | +€68,927 | +494.7% |
| Suppliers | 440/4 | €13,932 | €82,859 | +€68,927 | +494.7% |
| Advances received on contracts in progress | 46 | €135 | €135 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €18,415 | €24,138 | +€5,724 | +31.1% |
| Taxes | 450/3 | €18,415 | €23,552 | +€5,138 | +27.9% |
| Remuneration and social security | 454/9 | - | €586 | +€586 | |
| Non-recurring operating income | 76A | €16,579 | - | -€16,579 | |
| Remuneration, social security and pensions | 62 | €1,111 | - | -€1,111 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €676 | €817 | +€141 | +20.8% |
| Other operating charges | 640/8 | €1,990 | €1,227 | -€764 | -38.4% |
| Gross operating margin | 9900 | €19,749 | €13,370 | -€6,379 | -32.3% |
| Operating profit (loss) | 9901 | €15,972 | €11,326 | -€4,646 | -29.1% |
| Financial income | 75/76B | €352 | - | -€352 | |
| Recurring financial income | 75 | €352 | - | -€352 | |
| Financial charges | 65/66B | €5,074 | €1,324 | -€3,750 | -73.9% |
| Recurring financial charges | 65 | €5,074 | €1,324 | -€3,750 | -73.9% |
| Profit (loss) for the period before taxes | 9903 | €11,250 | €10,002 | -€1,248 | -11.1% |
| Income taxes | 67/77 | €4,906 | €4,148 | -€757 | -15.4% |
| Profit (loss) for the period | 9904 | €6,345 | €5,854 | -€491 | -7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,345 | €5,854 | -€491 | -7.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.