BVH IT Services: 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 IT Services
Largest movements
- Tangible fixed assets +€8,333
up €8,333 (+59.2%), from €14,067 to €22,400
of which Other tangible fixed assets: +€8,949
- Receivables within one year +€4,791
up €4,791 (+34.2%), from €13,999 to €18,789
of which Other amounts receivable: +€5,231
- Cash +€1,628
up €1,628 (+1.6%), from €99,607 to €101,236
mainly Other debts (+€59,262) and Net result for the year (+€22,127)
- Other debts +€59,262
up €59,262 (+862%), from €6,874 to €66,136
- Profit (loss) carried forward -€36,873
down €36,873 (-34.2%), from €107,861 to €70,989
- Tax, wage and social debts -€6,976
no longer reported in 2025 (was €6,976)
- Write-downs +€24,180
new in 2025: €24,180
- Taxes -€6,487
down €6,487 (-53.7%), from €12,085 to €5,598
- Gross operating margin -€5,865
down €5,865 (-9.3%), from €63,324 to €57,460
- Depreciation +€1,419
up €1,419 (+48.8%), from €2,906 to €4,326
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 | €128,082 | €142,852 | +€14,769 | +11.5% |
| Fixed assets | 21/28 | €14,067 | €22,400 | +€8,333 | +59.2% |
| Tangible fixed assets | 22/27 | €14,067 | €22,400 | +€8,333 | +59.2% |
| Plant, machinery and equipment | 23 | €3,168 | €1,828 | -€1,340 | -42.3% |
| Furniture and vehicles | 24 | €566 | €1,290 | +€724 | +128% |
| Other tangible fixed assets | 26 | €10,333 | €19,282 | +€8,949 | +86.6% |
| Current assets | 29/58 | €114,015 | €120,452 | +€6,436 | +5.6% |
| Amounts receivable within one year | 40/41 | €13,999 | €18,789 | +€4,791 | +34.2% |
| Trade receivables | 40 | €13,084 | €12,644 | -€440 | -3.4% |
| Other amounts receivable | 41 | €915 | €6,146 | +€5,231 | +572% |
| Cash at bank and in hand | 54/58 | €99,607 | €101,236 | +€1,628 | +1.6% |
| Deferred charges and accrued income | 490/1 | €409 | €427 | +€18 | +4.3% |
| Total equity and liabilities | 10/49 | €128,082 | €142,852 | +€14,769 | +11.5% |
| Equity | 10/15 | €112,861 | €75,989 | -€36,873 | -32.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,861 | €70,989 | -€36,873 | -34.2% |
| Amounts payable | 17/49 | €15,221 | €66,863 | +€51,642 | +339% |
| Amounts payable within one year | 42/48 | €14,685 | €66,547 | +€51,863 | +353% |
| Trade debts | 44 | €835 | €412 | -€423 | -50.7% |
| Suppliers | 440/4 | €835 | €412 | -€423 | -50.7% |
| Taxes, remuneration and social security | 45 | €6,976 | - | -€6,976 | |
| Taxes | 450/3 | €6,976 | - | -€6,976 | |
| Other amounts payable | 47/48 | €6,874 | €66,136 | +€59,262 | +862% |
| Accrued charges and deferred income | 492/3 | €536 | €316 | -€221 | -41.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,906 | €4,326 | +€1,419 | +48.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €24,180 | +€24,180 | |
| Other operating charges | 640/8 | €901 | €930 | +€28 | +3.2% |
| Gross operating margin | 9900 | €63,324 | €57,460 | -€5,865 | -9.3% |
| Operating profit (loss) | 9901 | €59,516 | €28,024 | -€31,492 | -52.9% |
| Financial charges | 65/66B | €520 | €299 | -€221 | -42.5% |
| Recurring financial charges | 65 | €520 | €299 | -€221 | -42.5% |
| Profit (loss) for the period before taxes | 9903 | €58,996 | €27,725 | -€31,271 | -53.0% |
| Income taxes | 67/77 | €12,085 | €5,598 | -€6,487 | -53.7% |
| Profit (loss) for the period | 9904 | €46,912 | €22,127 | -€24,785 | -52.8% |
| Profit (loss) for the period to be appropriated | 9905 | €46,912 | €22,127 | -€24,785 | -52.8% |
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 16 October 2026 via checked.be.