BVO-Clima: 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.
BVO-Clima
Largest movements
- Cash +€68,799
up €68,799 (+91.0%), from €75,634 to €144,433
mainly Net result for the year (+€54,217) and Receivables within one year (+€19,780)
- Receivables within one year -€19,780
down €19,780 (-41.2%), from €47,986 to €28,205
of which Trade receivables: -€11,728
- Tangible fixed assets -€14,305
down €14,305 (-22.0%), from €64,931 to €50,626
of which Furniture and vehicles: -€15,945
- Stocks and contracts -€6,013
down €6,013 (-31.5%), from €19,077 to €13,064
of which Contracts in progress: -€4,370
- Reserves +€47,000
up €47,000 (+27.8%), from €169,350 to €216,350
- Trade debts -€20,250
down €20,250 (-88.4%), from €22,896 to €2,647
- Profit (loss) carried forward +€7,217
up €7,217, from -€5,029 to €2,188
- Other debts -€2,622
down €2,622 (-28.6%), from €9,171 to €6,549
- Gross operating margin +€78,916
up €78,916 (+556%), from €14,195 to €93,111
- Taxes +€18,860
up €18,860 (+14,605%), from €129 to €18,989
- Other operating charges -€3,748
down €3,748 (-75.8%), from €4,947 to €1,199
- Depreciation +€2,995
up €2,995 (+21.3%), from €14,039 to €17,034
- Financial charges +€1,299
up €1,299 (+314%), from €414 to €1,713
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 | €208,454 | €237,396 | +€28,942 | +13.9% |
| Fixed assets | 21/28 | €64,931 | €50,626 | -€14,305 | -22.0% |
| Tangible fixed assets | 22/27 | €64,931 | €50,626 | -€14,305 | -22.0% |
| Plant, machinery and equipment | 23 | €640 | €2,280 | +€1,640 | +256% |
| Furniture and vehicles | 24 | €64,292 | €48,347 | -€15,945 | -24.8% |
| Current assets | 29/58 | €143,523 | €186,770 | +€43,246 | +30.1% |
| Stocks and contracts in progress | 3 | €19,077 | €13,064 | -€6,013 | -31.5% |
| Stocks | 30/36 | €5,777 | €4,134 | -€1,643 | -28.4% |
| Contracts in progress | 37 | €13,300 | €8,930 | -€4,370 | -32.9% |
| Amounts receivable within one year | 40/41 | €47,986 | €28,205 | -€19,780 | -41.2% |
| Trade receivables | 40 | €34,720 | €22,993 | -€11,728 | -33.8% |
| Other amounts receivable | 41 | €13,265 | €5,213 | -€8,053 | -60.7% |
| Cash at bank and in hand | 54/58 | €75,634 | €144,433 | +€68,799 | +91.0% |
| Deferred charges and accrued income | 490/1 | €827 | €1,067 | +€240 | +29.0% |
| Total equity and liabilities | 10/49 | €208,454 | €237,396 | +€28,942 | +13.9% |
| Equity | 10/15 | €168,321 | €222,538 | +€54,217 | +32.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €169,350 | €216,350 | +€47,000 | +27.8% |
| Distributable reserves | 133 | €169,350 | €216,350 | +€47,000 | +27.8% |
| Profit (loss) carried forward | 14 | -€5,029 | €2,188 | +€7,217 | |
| Amounts payable | 17/49 | €40,133 | €14,857 | -€25,276 | -63.0% |
| Amounts payable within one year | 42/48 | €38,541 | €13,452 | -€25,089 | -65.1% |
| Trade debts | 44 | €22,896 | €2,647 | -€20,250 | -88.4% |
| Suppliers | 440/4 | €22,896 | €2,647 | -€20,250 | -88.4% |
| Taxes, remuneration and social security | 45 | €6,473 | €4,256 | -€2,217 | -34.3% |
| Taxes | 450/3 | - | €989 | +€989 | |
| Remuneration and social security | 454/9 | €6,473 | €3,267 | -€3,206 | -49.5% |
| Other amounts payable | 47/48 | €9,171 | €6,549 | -€2,622 | -28.6% |
| Accrued charges and deferred income | 492/3 | €1,593 | €1,406 | -€187 | -11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,039 | €17,034 | +€2,995 | +21.3% |
| Other operating charges | 640/8 | €4,947 | €1,199 | -€3,748 | -75.8% |
| Gross operating margin | 9900 | €14,195 | €93,111 | +€78,916 | +556% |
| Operating profit (loss) | 9901 | -€4,791 | €74,877 | +€79,668 | |
| Financial income | 75/76B | €150 | €42 | -€108 | -72.0% |
| Recurring financial income | 75 | €150 | €42 | -€108 | -72.0% |
| Financial charges | 65/66B | €414 | €1,713 | +€1,299 | +314% |
| Recurring financial charges | 65 | €414 | €1,713 | +€1,299 | +314% |
| Profit (loss) for the period before taxes | 9903 | -€5,055 | €73,206 | +€78,261 | |
| Income taxes | 67/77 | €129 | €18,989 | +€18,860 | +14,605% |
| Profit (loss) for the period | 9904 | -€5,184 | €54,217 | +€59,401 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,184 | €54,217 | +€59,401 |
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 17 October 2026 via checked.be.