BVM ACCOUNTANT: what changed
BVM ACCOUNTANT
Largest movements
- Receivables within one year +€38,429
up €38,429 (+33.2%), from €115,923 to €154,352
of which Other amounts receivable: +€40,791
- Tangible fixed assets -€13,137
down €13,137 (-10.7%), from €122,881 to €109,744
of which Other tangible fixed assets: -€12,401
- Cash +€12,767
up €12,767 (+12.6%), from €101,619 to €114,387
mainly Net result for the year (+€50,262) and Trade debts (+€17,164)
- Reserves +€50,262
up €50,262 (+41.1%), from €122,229 to €172,491
- Trade debts +€17,164
up €17,164 (+214%), from €8,012 to €25,176
- Tax, wage and social debts -€14,313
down €14,313 (-24.3%), from €58,956 to €44,643
- Debts after one year -€12,341
down €12,341 (-9.4%), from €131,137 to €118,796
- Gross operating margin -€8,978
down €8,978 (-8.6%), from €103,975 to €94,997
- Taxes -€2,146
down €2,146 (-9.3%), from €23,096 to €20,949
- Other operating charges -€1,673
down €1,673 (-14.3%), from €11,708 to €10,036
- Financial income +€1,191
up €1,191 (+17.1%), from €6,974 to €8,165
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 | €347,854 | €387,665 | +€39,810 | +11.4% |
| Fixed assets | 21/28 | €122,881 | €109,744 | -€13,137 | -10.7% |
| Tangible fixed assets | 22/27 | €122,881 | €109,744 | -€13,137 | -10.7% |
| Plant, machinery and equipment | 23 | €1,392 | €890 | -€502 | -36.1% |
| Furniture and vehicles | 24 | €6,656 | €6,422 | -€234 | -3.5% |
| Other tangible fixed assets | 26 | €114,833 | €102,432 | -€12,401 | -10.8% |
| Current assets | 29/58 | €224,973 | €277,921 | +€52,947 | +23.5% |
| Amounts receivable within one year | 40/41 | €115,923 | €154,352 | +€38,429 | +33.2% |
| Trade receivables | 40 | €8,880 | €6,519 | -€2,362 | -26.6% |
| Other amounts receivable | 41 | €107,042 | €147,833 | +€40,791 | +38.1% |
| Cash at bank and in hand | 54/58 | €101,619 | €114,387 | +€12,767 | +12.6% |
| Deferred charges and accrued income | 490/1 | €7,431 | €9,182 | +€1,751 | +23.6% |
| Total equity and liabilities | 10/49 | €347,854 | €387,665 | +€39,810 | +11.4% |
| Equity | 10/15 | €133,429 | €183,691 | +€50,262 | +37.7% |
| Contributions | 10/11 | €11,200 | €11,200 | = | 0.0% |
| Reserves | 13 | €122,229 | €172,491 | +€50,262 | +41.1% |
| Distributable reserves | 133 | €122,229 | €172,491 | +€50,262 | +41.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €214,426 | €203,974 | -€10,452 | -4.9% |
| Amounts payable after more than one year | 17 | €131,137 | €118,796 | -€12,341 | -9.4% |
| Financial debts | 170/4 | €131,137 | €118,796 | -€12,341 | -9.4% |
| Amounts payable within one year | 42/48 | €81,525 | €84,684 | +€3,159 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €14,557 | €14,865 | +€308 | +2.1% |
| Trade debts | 44 | €8,012 | €25,176 | +€17,164 | +214% |
| Suppliers | 440/4 | €8,012 | €25,176 | +€17,164 | +214% |
| Taxes, remuneration and social security | 45 | €58,956 | €44,643 | -€14,313 | -24.3% |
| Taxes | 450/3 | €58,956 | €44,643 | -€14,313 | -24.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,763 | €494 | -€1,269 | -72.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,024 | €14,995 | +€971 | +6.9% |
| Other operating charges | 640/8 | €11,708 | €10,036 | -€1,673 | -14.3% |
| Gross operating margin | 9900 | €103,975 | €94,997 | -€8,978 | -8.6% |
| Operating profit (loss) | 9901 | €78,243 | €69,966 | -€8,277 | -10.6% |
| Financial income | 75/76B | €6,974 | €8,165 | +€1,191 | +17.1% |
| Recurring financial income | 75 | €6,974 | €8,165 | +€1,191 | +17.1% |
| Financial charges | 65/66B | €7,553 | €6,919 | -€633 | -8.4% |
| Recurring financial charges | 65 | €7,553 | €6,919 | -€633 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €77,664 | €71,211 | -€6,453 | -8.3% |
| Income taxes | 67/77 | €23,096 | €20,949 | -€2,146 | -9.3% |
| Profit (loss) for the period | 9904 | €54,568 | €50,262 | -€4,306 | -7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €54,568 | €50,262 | -€4,306 | -7.9% |
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 1 November 2026 via checked.be.