BVL Solutions: 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.
BVL Solutions
Largest movements
- Tangible fixed assets -€5,209
down €5,209 (-53.4%), from €9,762 to €4,553
- Receivables within one year -€3,525
down €3,525 (-13.5%), from €26,105 to €22,580
of which Other amounts receivable: -€5,947
- Reserves -€15,638
down €15,638 (-10.4%), from €150,421 to €134,783
- Tax, wage and social debts +€5,589
up €5,589 (+46.1%), from €12,112 to €17,701
of which Remuneration and social security: +€3,853
- Other debts +€3,514
up €3,514 (+20.1%), from €17,521 to €21,035
- Gross operating margin +€14,156
up €14,156 (+11.3%), from €125,761 to €139,917
- Staff costs +€13,237
new in 2025: €13,237
- Taxes +€12,376
up €12,376 (+46.7%), from €26,506 to €38,881
- Depreciation +€4,093
up €4,093 (+366.7%), from €1,116 to €5,209
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 | €184,994 | €178,748 | -€6,246 | -3.4% |
| Fixed assets | 21/28 | €9,762 | €4,553 | -€5,209 | -53.4% |
| Tangible fixed assets | 22/27 | €9,762 | €4,553 | -€5,209 | -53.4% |
| Furniture and vehicles | 24 | €9,762 | €4,553 | -€5,209 | -53.4% |
| Current assets | 29/58 | €175,231 | €174,194 | -€1,037 | -0.6% |
| Amounts receivable within one year | 40/41 | €26,105 | €22,580 | -€3,525 | -13.5% |
| Trade receivables | 40 | €20,056 | €22,479 | +€2,423 | +12.1% |
| Other amounts receivable | 41 | €6,049 | €101 | -€5,947 | -98.3% |
| Cash at bank and in hand | 54/58 | €147,359 | €148,899 | +€1,540 | +1.0% |
| Deferred charges and accrued income | 490/1 | €1,768 | €2,715 | +€947 | +53.6% |
| Total equity and liabilities | 10/49 | €184,994 | €178,748 | -€6,246 | -3.4% |
| Equity | 10/15 | €152,921 | €137,283 | -€15,638 | -10.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €150,421 | €134,783 | -€15,638 | -10.4% |
| Distributable reserves | 133 | €150,421 | €134,783 | -€15,638 | -10.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €32,073 | €41,464 | +€9,391 | +29.3% |
| Amounts payable within one year | 42/48 | €30,758 | €40,150 | +€9,392 | +30.5% |
| Financial debts | 43 | €321 | €0 | -€321 | -100.0% |
| Credit institutions | 430/8 | €321 | €0 | -€321 | -100.0% |
| Trade debts | 44 | €803 | €1,413 | +€610 | +75.9% |
| Suppliers | 440/4 | €803 | €1,413 | +€610 | +75.9% |
| Taxes, remuneration and social security | 45 | €12,112 | €17,701 | +€5,589 | +46.1% |
| Taxes | 450/3 | €12,112 | €13,848 | +€1,736 | +14.3% |
| Remuneration and social security | 454/9 | - | €3,853 | +€3,853 | |
| Other amounts payable | 47/48 | €17,521 | €21,035 | +€3,514 | +20.1% |
| Accrued charges and deferred income | 492/3 | €1,315 | €1,315 | -€0 | 0.0% |
| Remuneration, social security and pensions | 62 | - | €13,237 | +€13,237 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,116 | €5,209 | +€4,093 | +366.7% |
| Other operating charges | 640/8 | €736 | €694 | -€42 | -5.7% |
| Gross operating margin | 9900 | €125,761 | €139,917 | +€14,156 | +11.3% |
| Operating profit (loss) | 9901 | €123,909 | €120,777 | -€3,132 | -2.5% |
| Financial income | 75/76B | €12 | €110 | +€98 | +838.3% |
| Recurring financial income | 75 | €12 | €110 | +€98 | +838.3% |
| Financial charges | 65/66B | €2,004 | €1,399 | -€605 | -30.2% |
| Recurring financial charges | 65 | €2,004 | €1,399 | -€605 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €121,917 | €119,488 | -€2,429 | -2.0% |
| Income taxes | 67/77 | €26,506 | €38,881 | +€12,376 | +46.7% |
| Profit (loss) for the period | 9904 | €95,412 | €80,607 | -€14,805 | -15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €95,412 | €80,607 | -€14,805 | -15.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.