BVE Technics: 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 Technics
Largest movements
- Tangible fixed assets +€19,912
up €19,912 (+1077.1%), from €1,849 to €21,761
of which Furniture and vehicles: +€20,723
- Cash -€10,030
down €10,030 (-33.0%), from €30,367 to €20,337
mainly Investment in fixed assets (net) (-€23,642) and Other debts (-€12,791)
- Receivables within one year +€5,095
up €5,095 (+27.1%), from €18,766 to €23,861
of which Trade receivables: +€3,944
- Deferred charges and accrued income -€4,508
down €4,508 (-28.1%), from €16,055 to €11,547
- Other debts -€12,791
down €12,791 (-39.7%), from €32,213 to €19,422
- Reserves +€12,151
up €12,151 (+52.0%), from €23,356 to €35,507
- Debts after one year +€7,714
new in 2025: €7,714
- Current portion of long-term debt +€2,885
new in 2025: €2,885
- Tax, wage and social debts +€1,028
up €1,028 (+16.3%), from €6,297 to €7,325
of which Taxes: +€1,028
- Gross operating margin -€5,446
down €5,446 (-18.3%), from €29,719 to €24,273
- Depreciation +€3,145
up €3,145 (+537.4%), from €585 to €3,730
- Taxes -€1,863
down €1,863 (-32.0%), from €5,826 to €3,964
- Financial charges +€683
up €683 (+21.2%), from €3,221 to €3,904
- Other operating charges +€344
up €344 (+191.0%), from €180 to €524
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 | €67,140 | €77,695 | +€10,555 | +15.7% |
| Fixed assets | 21/28 | €1,849 | €21,761 | +€19,912 | +1077.1% |
| Tangible fixed assets | 22/27 | €1,849 | €21,761 | +€19,912 | +1077.1% |
| Plant, machinery and equipment | 23 | €1,849 | €1,037 | -€811 | -43.9% |
| Furniture and vehicles | 24 | - | €20,723 | +€20,723 | |
| Current assets | 29/58 | €65,291 | €55,934 | -€9,357 | -14.3% |
| Stocks and contracts in progress | 3 | €103 | €190 | +€87 | +84.0% |
| Stocks | 30/36 | €103 | €190 | +€87 | +84.0% |
| Amounts receivable within one year | 40/41 | €18,766 | €23,861 | +€5,095 | +27.1% |
| Trade receivables | 40 | €17,919 | €21,863 | +€3,944 | +22.0% |
| Other amounts receivable | 41 | €847 | €1,998 | +€1,151 | +135.9% |
| Cash at bank and in hand | 54/58 | €30,367 | €20,337 | -€10,030 | -33.0% |
| Deferred charges and accrued income | 490/1 | €16,055 | €11,547 | -€4,508 | -28.1% |
| Total equity and liabilities | 10/49 | €67,140 | €77,695 | +€10,555 | +15.7% |
| Equity | 10/15 | €25,356 | €37,507 | +€12,151 | +47.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €23,356 | €35,507 | +€12,151 | +52.0% |
| Distributable reserves | 133 | €23,356 | €35,507 | +€12,151 | +52.0% |
| Amounts payable | 17/49 | €41,784 | €40,188 | -€1,596 | -3.8% |
| Amounts payable after more than one year | 17 | - | €7,714 | +€7,714 | |
| Financial debts | 170/4 | - | €7,714 | +€7,714 | |
| Amounts payable within one year | 42/48 | €41,784 | €32,474 | -€9,310 | -22.3% |
| Current portion of amounts payable after more than one year | 42 | - | €2,885 | +€2,885 | |
| Trade debts | 44 | €3,274 | €2,842 | -€432 | -13.2% |
| Suppliers | 440/4 | €3,274 | €2,842 | -€432 | -13.2% |
| Taxes, remuneration and social security | 45 | €6,297 | €7,325 | +€1,028 | +16.3% |
| Taxes | 450/3 | €6,297 | €7,325 | +€1,028 | +16.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €32,213 | €19,422 | -€12,791 | -39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €585 | €3,730 | +€3,145 | +537.4% |
| Other operating charges | 640/8 | €180 | €524 | +€344 | +191.0% |
| Gross operating margin | 9900 | €29,719 | €24,273 | -€5,446 | -18.3% |
| Operating profit (loss) | 9901 | €28,953 | €20,018 | -€8,935 | -30.9% |
| Financial income | 75/76B | €9 | €0 | -€9 | -100.0% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -100.0% |
| Financial charges | 65/66B | €3,221 | €3,904 | +€683 | +21.2% |
| Recurring financial charges | 65 | €3,221 | €3,904 | +€683 | +21.2% |
| Profit (loss) for the period before taxes | 9903 | €25,742 | €16,115 | -€9,627 | -37.4% |
| Income taxes | 67/77 | €5,826 | €3,964 | -€1,863 | -32.0% |
| Profit (loss) for the period | 9904 | €19,915 | €12,151 | -€7,764 | -39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,915 | €12,151 | -€7,764 | -39.0% |
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 6 October 2026 via checked.be.