BVM 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.
BVM CONSTRUCT
Largest movements
- Receivables within one year -€14,880
down €14,880 (-29.7%), from €50,048 to €35,168
of which Trade receivables: -€27,121
- Deferred charges and accrued income -€6,343
down €6,343 (-52.2%), from €12,140 to €5,797
- Trade debts -€28,296
down €28,296 (-59.1%), from €47,862 to €19,566
- Accrued charges and deferred income +€6,000
new in 2025: €6,000
- Profit (loss) carried forward +€830
up €830 (+5.8%), from -€14,394 to -€13,564
- Staff costs -€5,241
no longer reported in 2025 (was €5,241)
- Gross operating margin -€4,947
down €4,947 (-71.0%), from €6,971 to €2,024
- Financial charges +€2,855
up €2,855 (+2302.3%), from €124 to €2,979
- Financial income +€1,987
up €1,987 (+66219.0%), from €3 to €1,990
- Taxes -€1,014
no longer reported in 2025 (was €1,014)
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 | €66,079 | €44,613 | -€21,466 | -32.5% |
| Fixed assets | 21/28 | €3,252 | €3,048 | -€204 | -6.3% |
| Tangible fixed assets | 22/27 | €3,252 | €3,048 | -€204 | -6.3% |
| Plant, machinery and equipment | 23 | €2,640 | €2,640 | = | 0.0% |
| Furniture and vehicles | 24 | €612 | €408 | -€204 | -33.3% |
| Current assets | 29/58 | €62,827 | €41,565 | -€21,262 | -33.8% |
| Amounts receivable within one year | 40/41 | €50,048 | €35,168 | -€14,880 | -29.7% |
| Trade receivables | 40 | €27,593 | €472 | -€27,121 | -98.3% |
| Other amounts receivable | 41 | €22,455 | €34,696 | +€12,241 | +54.5% |
| Cash at bank and in hand | 54/58 | €639 | €600 | -€39 | -6.0% |
| Deferred charges and accrued income | 490/1 | €12,140 | €5,797 | -€6,343 | -52.2% |
| Total equity and liabilities | 10/49 | €66,079 | €44,613 | -€21,466 | -32.5% |
| Equity | 10/15 | €6,066 | €6,896 | +€830 | +13.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,394 | -€13,564 | +€830 | +5.8% |
| Amounts payable | 17/49 | €60,013 | €37,717 | -€22,296 | -37.2% |
| Amounts payable within one year | 42/48 | €60,013 | €31,717 | -€28,296 | -47.1% |
| Current portion of amounts payable after more than one year | 42 | €12,151 | €12,151 | +€0 | 0.0% |
| Trade debts | 44 | €47,862 | €19,566 | -€28,296 | -59.1% |
| Suppliers | 440/4 | €47,862 | €19,566 | -€28,296 | -59.1% |
| Accrued charges and deferred income | 492/3 | - | €6,000 | +€6,000 | |
| Remuneration, social security and pensions | 62 | €5,241 | - | -€5,241 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €204 | €204 | = | 0.0% |
| Other operating charges | 640/8 | €144 | - | -€144 | |
| Gross operating margin | 9900 | €6,971 | €2,024 | -€4,947 | -71.0% |
| Operating profit (loss) | 9901 | €1,382 | €1,820 | +€438 | +31.7% |
| Financial income | 75/76B | €3 | €1,990 | +€1,987 | +66219.0% |
| Recurring financial income | 75 | €3 | €1,990 | +€1,987 | +66219.0% |
| Financial charges | 65/66B | €124 | €2,979 | +€2,855 | +2302.3% |
| Recurring financial charges | 65 | €124 | €2,979 | +€2,855 | +2302.3% |
| Profit (loss) for the period before taxes | 9903 | €1,261 | €830 | -€431 | -34.1% |
| Income taxes | 67/77 | €1,014 | - | -€1,014 | |
| Profit (loss) for the period | 9904 | €247 | €830 | +€583 | +236.2% |
| Profit (loss) for the period to be appropriated | 9905 | €247 | €830 | +€583 | +236.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.