BVFid: 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.
BVFid
Largest movements
- Cash +€23,002
up €23,002 (+32.2%), from €71,376 to €94,378
mainly Net result for the year (+€132,216) and Receivables within one year (+€6,633)
- Receivables within one year -€6,633
down €6,633 (-6.9%), from €96,554 to €89,921
of which Trade receivables: -€15,314
- Deferred charges and accrued income -€2,990
down €2,990 (-88.9%), from €3,363 to €373
- Current investments +€2,926
up €2,926 (+49.5%), from €5,911 to €8,837
- Tangible fixed assets -€2,702
down €2,702 (-37.7%), from €7,171 to €4,469
of which Furniture and vehicles: -€2,598
- Reserves +€9,216
up €9,216 (+27.2%), from €33,917 to €43,133
- Tax, wage and social debts +€3,399
up €3,399 (+12.5%), from €27,171 to €30,570
- Gross operating margin +€2,647
up €2,647 (+1.5%), from €173,267 to €175,914
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 | €184,375 | €197,979 | +€13,604 | +7.4% |
| Fixed assets | 21/28 | €7,171 | €4,469 | -€2,702 | -37.7% |
| Tangible fixed assets | 22/27 | €7,171 | €4,469 | -€2,702 | -37.7% |
| Plant, machinery and equipment | 23 | €127 | €23 | -€104 | -81.9% |
| Furniture and vehicles | 24 | €7,044 | €4,446 | -€2,598 | -36.9% |
| Current assets | 29/58 | €177,204 | €193,510 | +€16,306 | +9.2% |
| Amounts receivable within one year | 40/41 | €96,554 | €89,921 | -€6,633 | -6.9% |
| Trade receivables | 40 | €18,339 | €3,025 | -€15,314 | -83.5% |
| Other amounts receivable | 41 | €78,215 | €86,896 | +€8,681 | +11.1% |
| Current investments | 50/53 | €5,911 | €8,837 | +€2,926 | +49.5% |
| Cash at bank and in hand | 54/58 | €71,376 | €94,378 | +€23,002 | +32.2% |
| Deferred charges and accrued income | 490/1 | €3,363 | €373 | -€2,990 | -88.9% |
| Total equity and liabilities | 10/49 | €184,375 | €197,979 | +€13,604 | +7.4% |
| Equity | 10/15 | €34,917 | €44,133 | +€9,216 | +26.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €33,917 | €43,133 | +€9,216 | +27.2% |
| Distributable reserves | 133 | €33,917 | €43,133 | +€9,216 | +27.2% |
| Amounts payable | 17/49 | €149,458 | €153,846 | +€4,388 | +2.9% |
| Amounts payable within one year | 42/48 | €149,458 | €153,846 | +€4,388 | +2.9% |
| Trade debts | 44 | €287 | €276 | -€11 | -3.9% |
| Suppliers | 440/4 | €287 | €276 | -€11 | -3.9% |
| Taxes, remuneration and social security | 45 | €27,171 | €30,570 | +€3,399 | +12.5% |
| Taxes | 450/3 | €27,171 | €30,570 | +€3,399 | +12.5% |
| Other amounts payable | 47/48 | €122,000 | €123,000 | +€1,000 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,957 | €2,702 | +€745 | +38.1% |
| Other operating charges | 640/8 | €811 | €841 | +€30 | +3.7% |
| Gross operating margin | 9900 | €173,267 | €175,914 | +€2,647 | +1.5% |
| Operating profit (loss) | 9901 | €170,498 | €172,371 | +€1,873 | +1.1% |
| Financial income | 75/76B | €2,361 | €2,700 | +€339 | +14.4% |
| Recurring financial income | 75 | €2,361 | €2,700 | +€339 | +14.4% |
| Financial charges | 65/66B | €750 | €583 | -€168 | -22.3% |
| Recurring financial charges | 65 | €750 | €583 | -€168 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | €172,109 | €174,489 | +€2,380 | +1.4% |
| Income taxes | 67/77 | €41,877 | €42,272 | +€395 | +0.9% |
| Profit (loss) for the period | 9904 | €130,232 | €132,216 | +€1,984 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €130,232 | €132,216 | +€1,984 | +1.5% |
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 27 October 2026 via checked.be.