BVE Solutions: 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 Solutions
Largest movements
- Receivables within one year +€69,939
up €69,939 (+46.0%), from €151,960 to €221,900
of which Other amounts receivable: +€56,517
- Cash -€17,248
down €17,248 (-49.8%), from €34,632 to €17,384
mainly Receivables within one year (-€69,939) and Debts after one year (-€20,296)
- Tangible fixed assets -€16,480
down €16,480 (-6.5%), from €251,701 to €235,222
of which Land and buildings: -€12,157
- Profit (loss) carried forward +€41,870
up €41,870 (+24.2%), from €173,366 to €215,236
- Debts after one year -€20,296
down €20,296 (-12.5%), from €161,852 to €141,556
- Tax, wage and social debts +€12,443
up €12,443 (+1559.9%), from €798 to €13,240
- Other debts +€5,915
up €5,915 (+20.1%), from €29,426 to €35,341
- Financial income -€16,816
down €16,816 (-99.7%), from €16,864 to €48
of which Non-recurring financial income: -€16,864
- Gross operating margin +€10,142
up €10,142 (+10.6%), from €95,313 to €105,455
- Depreciation +€1,865
up €1,865 (+8.5%), from €21,943 to €23,809
- Other operating charges -€1,622
down €1,622 (-73.6%), from €2,204 to €582
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 | €438,572 | €475,600 | +€37,028 | +8.4% |
| Fixed assets | 21/28 | €251,701 | €235,222 | -€16,480 | -6.5% |
| Tangible fixed assets | 22/27 | €251,701 | €235,222 | -€16,480 | -6.5% |
| Land and buildings | 22 | €193,220 | €181,062 | -€12,157 | -6.3% |
| Plant, machinery and equipment | 23 | €27,507 | €29,003 | +€1,496 | +5.4% |
| Furniture and vehicles | 24 | €30,975 | €25,157 | -€5,819 | -18.8% |
| Current assets | 29/58 | €186,870 | €240,378 | +€53,507 | +28.6% |
| Amounts receivable within one year | 40/41 | €151,960 | €221,900 | +€69,939 | +46.0% |
| Trade receivables | 40 | €150,491 | €163,913 | +€13,422 | +8.9% |
| Other amounts receivable | 41 | €1,470 | €57,986 | +€56,517 | +3845.8% |
| Cash at bank and in hand | 54/58 | €34,632 | €17,384 | -€17,248 | -49.8% |
| Deferred charges and accrued income | 490/1 | €278 | €1,094 | +€816 | +294.0% |
| Total equity and liabilities | 10/49 | €438,572 | €475,600 | +€37,028 | +8.4% |
| Equity | 10/15 | €193,826 | €235,696 | +€41,870 | +21.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 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 | €173,366 | €215,236 | +€41,870 | +24.2% |
| Amounts payable | 17/49 | €244,745 | €239,904 | -€4,842 | -2.0% |
| Amounts payable after more than one year | 17 | €161,852 | €141,556 | -€20,296 | -12.5% |
| Financial debts | 170/4 | €161,852 | €141,556 | -€20,296 | -12.5% |
| Amounts payable within one year | 42/48 | €64,132 | €81,790 | +€17,658 | +27.5% |
| Current portion of amounts payable after more than one year | 42 | €25,449 | €25,296 | -€153 | -0.6% |
| Trade debts | 44 | €8,460 | €7,913 | -€547 | -6.5% |
| Suppliers | 440/4 | €8,460 | €7,913 | -€547 | -6.5% |
| Taxes, remuneration and social security | 45 | €798 | €13,240 | +€12,443 | +1559.9% |
| Taxes | 450/3 | €798 | €13,240 | +€12,443 | +1559.9% |
| Other amounts payable | 47/48 | €29,426 | €35,341 | +€5,915 | +20.1% |
| Accrued charges and deferred income | 492/3 | €18,761 | €16,558 | -€2,204 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,943 | €23,809 | +€1,865 | +8.5% |
| Other operating charges | 640/8 | €2,204 | €582 | -€1,622 | -73.6% |
| Non-recurring operating charges | 66A | €91 | €0 | -€91 | -100.0% |
| Gross operating margin | 9900 | €95,313 | €105,455 | +€10,142 | +10.6% |
| Operating profit (loss) | 9901 | €71,075 | €81,065 | +€9,990 | +14.1% |
| Financial income | 75/76B | €16,864 | €48 | -€16,816 | -99.7% |
| Recurring financial income | 75 | €1 | €48 | +€47 | +7381.3% |
| Non-recurring financial income | 76B | €16,864 | €0 | -€16,864 | -100.0% |
| Financial charges | 65/66B | €5,230 | €5,163 | -€67 | -1.3% |
| Recurring financial charges | 65 | €5,230 | €5,163 | -€67 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €82,709 | €75,949 | -€6,760 | -8.2% |
| Income taxes | 67/77 | €19,225 | €19,014 | -€211 | -1.1% |
| Profit (loss) for the period | 9904 | €63,484 | €56,936 | -€6,548 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €63,484 | €56,936 | -€6,548 | -10.3% |
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.