BVL CONSTRUCT: 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.
BVL CONSTRUCT
Largest movements
- Receivables within one year +€24,279
up €24,279 (+82.4%), from €29,461 to €53,740
of which Trade receivables: +€21,655
- Cash -€8,037
down €8,037 (-54.2%), from €14,837 to €6,800
mainly Receivables within one year (-€24,279) and Investment in fixed assets (net) (-€2,326)
- Profit (loss) carried forward +€9,754
up €9,754 (+32.7%), from €29,809 to €39,562
- Trade debts +€7,622
up €7,622 (+146%), from €5,204 to €12,826
of which Bills of exchange payable: +€9,766
- Turnover +€11,204
up €11,204 (+5.2%), from €217,109 to €228,313
- Purchases and services +€9,753
up €9,753 (+4.8%), from €202,452 to €212,206
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 | €50,989 | €67,848 | +€16,859 | +33.1% |
| Fixed assets | 21/28 | €4,778 | €5,008 | +€229 | +4.8% |
| Tangible fixed assets | 22/27 | €4,778 | €5,008 | +€229 | +4.8% |
| Plant, machinery and equipment | 23 | €4,778 | €4,086 | -€692 | -14.5% |
| Furniture and vehicles | 24 | - | €922 | +€922 | |
| Current assets | 29/58 | €46,211 | €62,841 | +€16,630 | +36.0% |
| Amounts receivable within one year | 40/41 | €29,461 | €53,740 | +€24,279 | +82.4% |
| Trade receivables | 40 | €23,625 | €45,280 | +€21,655 | +91.7% |
| Other amounts receivable | 41 | €5,836 | €8,460 | +€2,624 | +45.0% |
| Cash at bank and in hand | 54/58 | €14,837 | €6,800 | -€8,037 | -54.2% |
| Deferred charges and accrued income | 490/1 | €1,913 | €2,301 | +€388 | +20.3% |
| Total equity and liabilities | 10/49 | €50,989 | €67,848 | +€16,859 | +33.1% |
| Equity | 10/15 | €37,869 | €47,622 | +€9,754 | +25.8% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,809 | €39,562 | +€9,754 | +32.7% |
| Amounts payable | 17/49 | €13,120 | €20,226 | +€7,106 | +54.2% |
| Amounts payable within one year | 42/48 | €13,120 | €20,226 | +€7,106 | +54.2% |
| Trade debts | 44 | €5,204 | €12,826 | +€7,622 | +146% |
| Suppliers | 440/4 | €2,385 | €241 | -€2,144 | -89.9% |
| Bills of exchange payable | 441 | €2,819 | €12,586 | +€9,766 | +346% |
| Taxes, remuneration and social security | 45 | €7,916 | €7,400 | -€516 | -6.5% |
| Taxes | 450/3 | €2,616 | - | -€2,616 | |
| Remuneration and social security | 454/9 | €5,300 | €7,400 | +€2,100 | +39.6% |
| Turnover | 70 | €217,109 | €228,313 | +€11,204 | +5.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €202,452 | €212,206 | +€9,753 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,394 | €2,097 | +€703 | +50.4% |
| Other operating charges | 640/8 | €511 | €672 | +€160 | +31.4% |
| Gross operating margin | 9900 | €14,656 | €16,107 | +€1,451 | +9.9% |
| Operating profit (loss) | 9901 | €12,751 | €13,339 | +€587 | +4.6% |
| Financial income | 75/76B | €238 | €595 | +€357 | +150% |
| Recurring financial income | 75 | €238 | €595 | +€357 | +150% |
| Financial charges | 65/66B | €1,329 | €1,394 | +€65 | +4.9% |
| Recurring financial charges | 65 | €1,329 | €1,394 | +€65 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €11,660 | €12,539 | +€879 | +7.5% |
| Income taxes | 67/77 | €3,155 | €2,786 | -€370 | -11.7% |
| Profit (loss) for the period | 9904 | €8,505 | €9,754 | +€1,249 | +14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,505 | €9,754 | +€1,249 | +14.7% |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.