BVG 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.
BVG Technics
Largest movements
- Tangible fixed assets +€33,089
up €33,089 (+6.2%), from €531,461 to €564,550
of which Furniture and vehicles: +€89,585
- Stocks and contracts +€28,990
up €28,990 (+69.8%), from €41,548 to €70,538
- Cash -€28,827
down €28,827 (-73.3%), from €39,312 to €10,485
mainly Net result for the year (-€580,165) and Investment in fixed assets (net) (-€137,856)
- Receivables within one year +€10,012
up €10,012 (+37.0%), from €27,043 to €37,055
of which Other amounts receivable: +€26,018
- Profit (loss) carried forward -€580,165
down €580,165 (-108.1%), from -€536,786 to -€1.1m
- Provisions +€393,462
new in 2025: €393,462
- Debts after one year +€240,327
up €240,327 (+23.2%), from €1.0m to €1.3m
of which Other amounts payable: +€255,000
- Trade debts -€14,113
down €14,113 (-49.1%), from €28,719 to €14,606
- Other debts +€8,958
up €8,958 (+213.3%), from €4,200 to €13,157
- Provisions +€393,462
new in 2025: €393,462
- Gross operating margin -€85,999
down €85,999, from €10,520 to -€75,479
- Depreciation +€911
up €911 (+0.9%), from €103,856 to €104,767
- Other operating charges -€908
down €908 (-28.7%), from €3,167 to €2,259
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 | €653,823 | €697,395 | +€43,572 | +6.7% |
| Fixed assets | 21/28 | €536,011 | €569,100 | +€33,089 | +6.2% |
| Tangible fixed assets | 22/27 | €531,461 | €564,550 | +€33,089 | +6.2% |
| Land and buildings | 22 | €393,720 | €386,528 | -€7,193 | -1.8% |
| Plant, machinery and equipment | 23 | €59,143 | €9,840 | -€49,303 | -83.4% |
| Furniture and vehicles | 24 | €78,598 | €168,183 | +€89,585 | +114.0% |
| Financial fixed assets | 28 | €4,550 | €4,550 | = | 0.0% |
| Current assets | 29/58 | €117,812 | €128,295 | +€10,483 | +8.9% |
| Stocks and contracts in progress | 3 | €41,548 | €70,538 | +€28,990 | +69.8% |
| Stocks | 30/36 | €41,548 | €70,538 | +€28,990 | +69.8% |
| Amounts receivable within one year | 40/41 | €27,043 | €37,055 | +€10,012 | +37.0% |
| Trade receivables | 40 | €26,801 | €10,794 | -€16,006 | -59.7% |
| Other amounts receivable | 41 | €242 | €26,260 | +€26,018 | +10759.3% |
| Cash at bank and in hand | 54/58 | €39,312 | €10,485 | -€28,827 | -73.3% |
| Deferred charges and accrued income | 490/1 | €9,910 | €10,218 | +€308 | +3.1% |
| Total equity and liabilities | 10/49 | €653,823 | €697,395 | +€43,572 | +6.7% |
| Equity | 10/15 | -€436,786 | -€1,016,951 | -€580,165 | -132.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€536,786 | -€1,116,951 | -€580,165 | -108.1% |
| Provisions and deferred taxes | 16 | - | €393,462 | +€393,462 | |
| Provisions for liabilities and charges | 160/5 | - | €393,462 | +€393,462 | |
| Taxes | 161 | - | €292,418 | +€292,418 | |
| Other liabilities and charges | 164/5 | - | €101,044 | +€101,044 | |
| Amounts payable | 17/49 | €1,090,610 | €1,320,885 | +€230,275 | +21.1% |
| Amounts payable after more than one year | 17 | €1,035,932 | €1,276,259 | +€240,327 | +23.2% |
| Financial debts | 170/4 | €56,432 | €41,759 | -€14,673 | -26.0% |
| Other amounts payable | 178/9 | €979,500 | €1,234,500 | +€255,000 | +26.0% |
| Amounts payable within one year | 42/48 | €51,207 | €42,539 | -€8,668 | -16.9% |
| Current portion of amounts payable after more than one year | 42 | €14,163 | €14,673 | +€509 | +3.6% |
| Trade debts | 44 | €28,719 | €14,606 | -€14,113 | -49.1% |
| Suppliers | 440/4 | €28,719 | €14,606 | -€14,113 | -49.1% |
| Advances received on contracts in progress | 46 | €100 | - | -€100 | |
| Taxes, remuneration and social security | 45 | €4,025 | €103 | -€3,922 | -97.5% |
| Taxes | 450/3 | €383 | €103 | -€280 | -73.2% |
| Remuneration and social security | 454/9 | €3,642 | - | -€3,642 | |
| Other amounts payable | 47/48 | €4,200 | €13,157 | +€8,958 | +213.3% |
| Accrued charges and deferred income | 492/3 | €3,471 | €2,087 | -€1,384 | -39.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,856 | €104,767 | +€911 | +0.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €393,462 | +€393,462 | |
| Other operating charges | 640/8 | €3,167 | €2,259 | -€908 | -28.7% |
| Gross operating margin | 9900 | €10,520 | -€75,479 | -€85,999 | |
| Operating profit (loss) | 9901 | -€96,504 | -€575,967 | -€479,463 | -496.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €4,413 | €3,954 | -€459 | -10.4% |
| Recurring financial charges | 65 | €4,413 | €3,954 | -€459 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | -€100,917 | -€579,921 | -€479,004 | -474.7% |
| Income taxes | 67/77 | €76 | €244 | +€168 | +219.8% |
| Profit (loss) for the period | 9904 | -€100,993 | -€580,165 | -€479,172 | -474.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€100,993 | -€580,165 | -€479,172 | -474.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.