BVN Consulting: 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.
BVN Consulting
Largest movements
- Receivables within one year +€7,006
up €7,006 (+34.3%), from €20,414 to €27,420
of which Trade receivables: +€3,630
- Cash -€5,220
down €5,220 (-63.6%), from €8,205 to €2,985
mainly Net result for the year (-€27,041) and Receivables within one year (-€7,006)
- Tangible fixed assets -€2,807
down €2,807 (-56.6%), from €4,959 to €2,152
of which Furniture and vehicles: -€2,653
- Other debts +€32,569
up €32,569 (+82.2%), from €39,604 to €72,174
- Profit (loss) carried forward -€30,401
down €30,401 (-43.0%), from -€70,658 to -€101,059
- Accrued charges and deferred income -€3,447
no longer reported in 2025 (was €3,447)
- Tax, wage and social debts +€673
up €673 (+78.9%), from €853 to €1,525
- Trade debts -€415
down €415 (-49.1%), from €844 to €430
- Gross operating margin +€6,359
up €6,359 (+20.8%), from -€30,545 to -€24,186
- Financial charges -€1,670
down €1,670 (-78.6%), from €2,124 to €454
- Financial income +€690
up €690 (+230%), from €300 to €990
- Other operating charges -€328
down €328 (-35.9%), from €913 to €585
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.
Derived cash bridge
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 | €36,678 | €35,657 | -€1,021 | -2.8% |
| Fixed assets | 21/28 | €8,059 | €5,252 | -€2,807 | -34.8% |
| Tangible fixed assets | 22/27 | €4,959 | €2,152 | -€2,807 | -56.6% |
| Plant, machinery and equipment | 23 | €335 | €182 | -€154 | -45.8% |
| Furniture and vehicles | 24 | €4,623 | €1,970 | -€2,653 | -57.4% |
| Financial fixed assets | 28 | €3,100 | €3,100 | = | 0.0% |
| Current assets | 29/58 | €28,619 | €30,405 | +€1,786 | +6.2% |
| Amounts receivable within one year | 40/41 | €20,414 | €27,420 | +€7,006 | +34.3% |
| Trade receivables | 40 | - | €3,630 | +€3,630 | |
| Other amounts receivable | 41 | €20,414 | €23,790 | +€3,376 | +16.5% |
| Cash at bank and in hand | 54/58 | €8,205 | €2,985 | -€5,220 | -63.6% |
| Total equity and liabilities | 10/49 | €36,678 | €35,657 | -€1,021 | -2.8% |
| Equity | 10/15 | -€8,070 | -€38,471 | -€30,401 | -377% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €56,388 | €56,388 | = | 0.0% |
| Distributable reserves | 133 | €56,388 | €56,388 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,658 | -€101,059 | -€30,401 | -43.0% |
| Amounts payable | 17/49 | €44,748 | €74,129 | +€29,381 | +65.7% |
| Amounts payable within one year | 42/48 | €41,301 | €74,129 | +€32,828 | +79.5% |
| Trade debts | 44 | €844 | €430 | -€415 | -49.1% |
| Suppliers | 440/4 | €844 | €430 | -€415 | -49.1% |
| Taxes, remuneration and social security | 45 | €853 | €1,525 | +€673 | +78.9% |
| Taxes | 450/3 | €853 | €1,525 | +€673 | +78.9% |
| Other amounts payable | 47/48 | €39,604 | €72,174 | +€32,569 | +82.2% |
| Accrued charges and deferred income | 492/3 | €3,447 | - | -€3,447 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,611 | €2,807 | +€195 | +7.5% |
| Other operating charges | 640/8 | €913 | €585 | -€328 | -35.9% |
| Gross operating margin | 9900 | -€30,545 | -€24,186 | +€6,359 | +20.8% |
| Operating profit (loss) | 9901 | -€34,069 | -€27,578 | +€6,492 | +19.1% |
| Financial income | 75/76B | €300 | €990 | +€690 | +230% |
| Recurring financial income | 75 | €300 | €990 | +€690 | +230% |
| Financial charges | 65/66B | €2,124 | €454 | -€1,670 | -78.6% |
| Recurring financial charges | 65 | €2,124 | €454 | -€1,670 | -78.6% |
| Profit (loss) for the period before taxes | 9903 | -€35,893 | -€27,041 | +€8,852 | +24.7% |
| Profit (loss) for the period | 9904 | -€35,893 | -€27,041 | +€8,852 | +24.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,893 | -€27,041 | +€8,852 | +24.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.