BVM TECHNICS: 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 TECHNICS
Largest movements
- Cash -€18,967
down €18,967 (-38.1%), from €49,835 to €30,869
mainly Trade debts (-€25,877) and Net result for the year (-€12,150)
- Tangible fixed assets -€11,240
down €11,240 (-25.5%), from €44,098 to €32,858
- Receivables within one year -€10,362
down €10,362 (-67.5%), from €15,348 to €4,986
of which Trade receivables: -€10,442
- Trade debts -€25,877
down €25,877 (-84.4%), from €30,670 to €4,793
- Profit (loss) carried forward -€12,150
down €12,150, from €4,606 to -€7,544
- Tax, wage and social debts -€2,384
down €2,384 (-32.9%), from €7,238 to €4,854
- Gross operating margin -€1,195
down €1,195, from €1,003 to -€192
- Other operating charges -€379
down €379 (-42.9%), from €883 to €504
- Staff costs -€165
no longer reported in 2025 (was €165)
- Financial charges +€25
up €25 (+13.3%), from €189 to €214
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 | €112,259 | €71,852 | -€40,407 | -36.0% |
| Fixed assets | 21/28 | €44,098 | €32,858 | -€11,240 | -25.5% |
| Tangible fixed assets | 22/27 | €44,098 | €32,858 | -€11,240 | -25.5% |
| Furniture and vehicles | 24 | €44,098 | €32,858 | -€11,240 | -25.5% |
| Current assets | 29/58 | €68,161 | €38,995 | -€29,167 | -42.8% |
| Amounts receivable within one year | 40/41 | €15,348 | €4,986 | -€10,362 | -67.5% |
| Trade receivables | 40 | €14,124 | €3,682 | -€10,442 | -73.9% |
| Other amounts receivable | 41 | €1,224 | €1,304 | +€80 | +6.5% |
| Cash at bank and in hand | 54/58 | €49,835 | €30,869 | -€18,967 | -38.1% |
| Deferred charges and accrued income | 490/1 | €2,978 | €3,140 | +€162 | +5.4% |
| Total equity and liabilities | 10/49 | €112,259 | €71,852 | -€40,407 | -36.0% |
| Equity | 10/15 | €10,806 | -€1,344 | -€12,150 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,606 | -€7,544 | -€12,150 | |
| Amounts payable | 17/49 | €101,453 | €73,197 | -€28,256 | -27.9% |
| Amounts payable within one year | 42/48 | €101,453 | €73,197 | -€28,256 | -27.9% |
| Trade debts | 44 | €30,670 | €4,793 | -€25,877 | -84.4% |
| Suppliers | 440/4 | €30,670 | €4,793 | -€25,877 | -84.4% |
| Taxes, remuneration and social security | 45 | €7,238 | €4,854 | -€2,384 | -32.9% |
| Remuneration and social security | 454/9 | €7,238 | €4,854 | -€2,384 | -32.9% |
| Other amounts payable | 47/48 | €63,545 | €63,550 | +€5 | 0.0% |
| Remuneration, social security and pensions | 62 | €165 | - | -€165 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,240 | €11,240 | = | 0.0% |
| Other operating charges | 640/8 | €883 | €504 | -€379 | -42.9% |
| Gross operating margin | 9900 | €1,003 | -€192 | -€1,195 | |
| Operating profit (loss) | 9901 | -€11,285 | -€11,936 | -€651 | -5.8% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €189 | €214 | +€25 | +13.3% |
| Recurring financial charges | 65 | €189 | €214 | +€25 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | -€11,474 | -€12,150 | -€676 | -5.9% |
| Profit (loss) for the period | 9904 | -€11,474 | -€12,150 | -€676 | -5.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,474 | -€12,150 | -€676 | -5.9% |
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 9 October 2026 via checked.be.