BVH - CONSULT: 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.
BVH - CONSULT
Largest movements
- Receivables after one year +€30,000
new in 2025: €30,000
- Current investments +€15,480
up €15,480 (+12.4%), from €125,141 to €140,621
- Intangible fixed assets -€11,192
down €11,192 (-45.0%), from €24,873 to €13,682
- Tangible fixed assets -€5,948
down €5,948 (-28.4%), from €20,912 to €14,964
of which Furniture and vehicles: -€5,925
- Receivables within one year +€3,928
up €3,928 (+13.9%), from €28,305 to €32,232
of which Other amounts receivable: +€5,944
- Reserves +€40,982
up €40,982 (+28.5%), from €143,920 to €184,901
- Other debts -€6,000
down €6,000 (-80.2%), from €7,481 to €1,480
- Gross operating margin +€19,694
up €19,694 (+27.2%), from €72,354 to €92,048
- Taxes +€4,222
up €4,222 (+33.0%), from €12,789 to €17,011
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 | €204,867 | €241,759 | +€36,892 | +18.0% |
| Fixed assets | 21/28 | €46,165 | €29,025 | -€17,140 | -37.1% |
| Intangible fixed assets | 21 | €24,873 | €13,682 | -€11,192 | -45.0% |
| Tangible fixed assets | 22/27 | €20,912 | €14,964 | -€5,948 | -28.4% |
| Plant, machinery and equipment | 23 | €3,373 | €3,349 | -€23 | -0.7% |
| Furniture and vehicles | 24 | €17,540 | €11,614 | -€5,925 | -33.8% |
| Financial fixed assets | 28 | €379 | €379 | = | 0.0% |
| Current assets | 29/58 | €158,702 | €212,734 | +€54,032 | +34.0% |
| Amounts receivable after more than one year | 29 | - | €30,000 | +€30,000 | |
| Other amounts receivable | 291 | - | €30,000 | +€30,000 | |
| Amounts receivable within one year | 40/41 | €28,305 | €32,232 | +€3,928 | +13.9% |
| Trade receivables | 40 | €26,458 | €24,441 | -€2,017 | -7.6% |
| Other amounts receivable | 41 | €1,847 | €7,791 | +€5,944 | +322% |
| Current investments | 50/53 | €125,141 | €140,621 | +€15,480 | +12.4% |
| Cash at bank and in hand | 54/58 | €4,028 | €6,890 | +€2,863 | +71.1% |
| Deferred charges and accrued income | 490/1 | €1,229 | €2,991 | +€1,762 | +143% |
| Total equity and liabilities | 10/49 | €204,867 | €241,759 | +€36,892 | +18.0% |
| Equity | 10/15 | €187,959 | €228,941 | +€40,982 | +21.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €143,920 | €184,901 | +€40,982 | +28.5% |
| Distributable reserves | 133 | €143,920 | €184,901 | +€40,982 | +28.5% |
| Profit (loss) carried forward | 14 | €31,640 | €31,640 | = | 0.0% |
| Amounts payable | 17/49 | €16,908 | €12,818 | -€4,090 | -24.2% |
| Amounts payable within one year | 42/48 | €16,908 | €12,818 | -€4,090 | -24.2% |
| Trade debts | 44 | €5,019 | €5,540 | +€521 | +10.4% |
| Suppliers | 440/4 | €5,019 | €5,540 | +€521 | +10.4% |
| Taxes, remuneration and social security | 45 | €4,408 | €5,798 | +€1,390 | +31.5% |
| Taxes | 450/3 | €2,941 | €4,285 | +€1,344 | +45.7% |
| Remuneration and social security | 454/9 | €1,467 | €1,513 | +€45 | +3.1% |
| Other amounts payable | 47/48 | €7,481 | €1,480 | -€6,000 | -80.2% |
| Non-recurring operating income | 76A | - | €18,068 | +€18,068 | |
| Remuneration, social security and pensions | 62 | €14,024 | €14,341 | +€317 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,132 | €19,265 | +€132 | +0.7% |
| Other operating charges | 640/8 | €2,650 | €1,865 | -€784 | -29.6% |
| Gross operating margin | 9900 | €72,354 | €92,048 | +€19,694 | +27.2% |
| Operating profit (loss) | 9901 | €36,549 | €56,577 | +€20,028 | +54.8% |
| Financial income | 75/76B | €1,930 | €1,699 | -€232 | -12.0% |
| Recurring financial income | 75 | €1,930 | €1,699 | -€232 | -12.0% |
| Financial charges | 65/66B | €158 | €283 | +€126 | +79.7% |
| Recurring financial charges | 65 | €158 | €283 | +€126 | +79.7% |
| Profit (loss) for the period before taxes | 9903 | €38,322 | €57,993 | +€19,671 | +51.3% |
| Income taxes | 67/77 | €12,789 | €17,011 | +€4,222 | +33.0% |
| Profit (loss) for the period | 9904 | €25,533 | €40,982 | +€15,449 | +60.5% |
| Profit (loss) for the period to be appropriated | 9905 | €25,533 | €40,982 | +€15,449 | +60.5% |
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 15 October 2026 via checked.be.