BVM BEHEER: 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.
BVM BEHEER
Largest movements
- Receivables within one year +€118,248
up €118,248 (+58.8%), from €200,946 to €319,194
of which Other amounts receivable: +€126,290
- Cash -€9,448
down €9,448 (-85.9%), from €10,999 to €1,551
mainly Receivables within one year (-€118,248) and Other debts (-€57,373)
- Trade debts +€116,088
up €116,088 (+149.1%), from €77,855 to €193,944
- Profit (loss) carried forward +€87,946
up €87,946, from -€29,984 to €57,962
- Other debts -€57,373
down €57,373 (-87.5%), from €65,591 to €8,218
- Tax, wage and social debts -€37,419
down €37,419 (-57.3%), from €65,294 to €27,874
of which Remuneration and social security: -€39,456
- Staff costs -€112,176
down €112,176 (-37.2%), from €301,382 to €189,206
- Gross operating margin +€73,102
up €73,102 (+29.4%), from €248,663 to €321,764
- Financial income -€72,806
down €72,806 (-98.1%), from €74,191 to €1,385
- Other operating charges -€60,039
down €60,039 (-78.2%), from €76,801 to €16,763
- Financial charges -€6,040
down €6,040 (-46.7%), from €12,928 to €6,889
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €214,542 | €322,043 | +€107,501 | +50.1% |
| Fixed assets | 21/28 | €2,597 | €1,299 | -€1,299 | -50.0% |
| Tangible fixed assets | 22/27 | €2,597 | €1,299 | -€1,299 | -50.0% |
| Other tangible fixed assets | 26 | €2,597 | €1,299 | -€1,299 | -50.0% |
| Current assets | 29/58 | €211,945 | €320,745 | +€108,800 | +51.3% |
| Amounts receivable within one year | 40/41 | €200,946 | €319,194 | +€118,248 | +58.8% |
| Trade receivables | 40 | €97,590 | €89,548 | -€8,042 | -8.2% |
| Other amounts receivable | 41 | €103,356 | €229,645 | +€126,290 | +122.2% |
| Cash at bank and in hand | 54/58 | €10,999 | €1,551 | -€9,448 | -85.9% |
| Total equity and liabilities | 10/49 | €214,542 | €322,043 | +€107,501 | +50.1% |
| Equity | 10/15 | €4,061 | €92,007 | +€87,946 | +2165.5% |
| Contributions | 10/11 | €7,664 | €7,664 | = | 0.0% |
| Reserves | 13 | €26,381 | €26,381 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,897 | €3,897 | = | 0.0% |
| Distributable reserves | 133 | €22,484 | €22,484 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,984 | €57,962 | +€87,946 | |
| Amounts payable | 17/49 | €210,481 | €230,036 | +€19,555 | +9.3% |
| Amounts payable within one year | 42/48 | €208,740 | €230,036 | +€21,296 | +10.2% |
| Trade debts | 44 | €77,855 | €193,944 | +€116,088 | +149.1% |
| Suppliers | 440/4 | €77,855 | €193,944 | +€116,088 | +149.1% |
| Taxes, remuneration and social security | 45 | €65,294 | €27,874 | -€37,419 | -57.3% |
| Taxes | 450/3 | €12,673 | €14,709 | +€2,036 | +16.1% |
| Remuneration and social security | 454/9 | €52,621 | €13,165 | -€39,456 | -75.0% |
| Other amounts payable | 47/48 | €65,591 | €8,218 | -€57,373 | -87.5% |
| Accrued charges and deferred income | 492/3 | €1,741 | - | -€1,741 | |
| Non-recurring operating income | 76A | - | €2,715 | +€2,715 | |
| Remuneration, social security and pensions | 62 | €301,382 | €189,206 | -€112,176 | -37.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,299 | €1,299 | = | 0.0% |
| Other operating charges | 640/8 | €76,801 | €16,763 | -€60,039 | -78.2% |
| Non-recurring operating charges | 66A | €1,064 | €15,714 | +€14,650 | +1376.6% |
| Gross operating margin | 9900 | €248,663 | €321,764 | +€73,102 | +29.4% |
| Operating profit (loss) | 9901 | -€131,883 | €98,783 | +€230,666 | |
| Financial income | 75/76B | €74,191 | €1,385 | -€72,806 | -98.1% |
| Recurring financial income | 75 | €74,191 | €1,385 | -€72,806 | -98.1% |
| Financial charges | 65/66B | €12,928 | €6,889 | -€6,040 | -46.7% |
| Recurring financial charges | 65 | €12,928 | €6,889 | -€6,040 | -46.7% |
| Profit (loss) for the period before taxes | 9903 | -€70,621 | €93,279 | +€163,900 | |
| Income taxes | 67/77 | €725 | €5,332 | +€4,607 | +635.2% |
| Profit (loss) for the period | 9904 | -€71,346 | €87,946 | +€159,293 | |
| Profit (loss) for the period to be appropriated | 9905 | -€71,346 | €87,946 | +€159,293 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.