BVH LEGACY VENTURES: what changed
BVH LEGACY VENTURES
Largest movements
- Tangible fixed assets +€448,507
new in 2025: €448,507
- Cash +€5,281
up €5,281 (+614%), from €860 to €6,141
mainly Debts after one year (+€369,943) and Other debts (+€69,472)
- Debts after one year +€369,943
new in 2025: €369,943
- Other debts +€69,472
up €69,472 (+3,761%), from €1,847 to €71,319
- Current portion of long-term debt +€20,140
new in 2025: €20,140
- Profit (loss) carried forward -€6,181
down €6,181 (-32.6%), from -€18,963 to -€25,144
- Gross operating margin -€5,902
down €5,902 (-65.1%), from €9,070 to €3,168
- Financial charges +€4,372
up €4,372 (+1,717%), from €255 to €4,627
of which Financial charges: +€4,461
- Depreciation +€3,641
new in 2025: €3,641
- Other operating charges +€1,192
new in 2025: €1,192
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,595 | €454,858 | +€453,263 | +28,424% |
| Fixed assets | 21/28 | €210 | €448,717 | +€448,507 | +213,575% |
| Tangible fixed assets | 22/27 | - | €448,507 | +€448,507 | |
| Land and buildings | 22 | - | €448,507 | +€448,507 | |
| Financial fixed assets | 28 | €210 | €210 | = | 0.0% |
| Current assets | 29/58 | €1,385 | €6,141 | +€4,756 | +344% |
| Amounts receivable within one year | 40/41 | €385 | - | -€385 | |
| Other amounts receivable | 41 | €385 | - | -€385 | |
| Cash at bank and in hand | 54/58 | €860 | €6,141 | +€5,281 | +614% |
| Deferred charges and accrued income | 490/1 | €140 | - | -€140 | |
| Total equity and liabilities | 10/49 | €1,595 | €454,858 | +€453,263 | +28,424% |
| Equity | 10/15 | -€252 | -€6,544 | -€6,291 | -2,493% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €110 | - | -€110 | |
| Non-distributable reserves | 130/1 | €110 | - | -€110 | |
| Reserves not available under the articles | 1311 | €110 | - | -€110 | |
| Profit (loss) carried forward | 14 | -€18,963 | -€25,144 | -€6,181 | -32.6% |
| Amounts payable | 17/49 | €1,847 | €461,401 | +€459,554 | +24,881% |
| Amounts payable after more than one year | 17 | - | €369,943 | +€369,943 | |
| Financial debts | 170/4 | - | €369,943 | +€369,943 | |
| Amounts payable within one year | 42/48 | €1,847 | €91,458 | +€89,611 | +4,852% |
| Current portion of amounts payable after more than one year | 42 | - | €20,140 | +€20,140 | |
| Other amounts payable | 47/48 | €1,847 | €71,319 | +€69,472 | +3,761% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,641 | +€3,641 | |
| Other operating charges | 640/8 | - | €1,192 | +€1,192 | |
| Gross operating margin | 9900 | €9,070 | €3,168 | -€5,902 | -65.1% |
| Operating profit (loss) | 9901 | €9,070 | -€1,665 | -€10,735 | |
| Financial charges | 65/66B | €255 | €4,627 | +€4,372 | +1,717% |
| Recurring financial charges | 65 | €166 | €4,627 | +€4,461 | +2,687% |
| Non-recurring financial charges | 66B | €89 | - | -€89 | |
| Profit (loss) for the period before taxes | 9903 | €8,815 | -€6,291 | -€15,106 | |
| Profit (loss) for the period | 9904 | €8,815 | -€6,291 | -€15,106 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,815 | -€6,291 | -€15,106 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.