BVO GROUP: what changed
What changed
BVO GROUP
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
filed annual accounts (NBB)
Net result for the year
€30,741
2024 · €17,501+€13,240
Equity
€324,195
2024 · €293,454+€30,741
Cash
€17,343
2024 · €18,794-€1,451
Balance sheet total
€353,631
2024 · €309,230+€44,401
Largest movements
Assets
- Receivables within one year +€50,998
up €50,998 (+232%), from €21,940 to €72,937
of which Trade receivables: +€51,025
- Tangible fixed assets -€5,146
down €5,146 (-1.9%), from €268,496 to €263,351
Equity and liabilities
- Profit (loss) carried forward +€30,741
up €30,741 (+91.9%), from €33,454 to €64,195
- Trade debts +€11,097
up €11,097 (+1,047%), from €1,060 to €12,156
Income statement
- Other operating charges -€15,805
down €15,805 (-46.8%), from €33,797 to €17,992
- Taxes +€6,215
up €6,215 (+154%), from €4,032 to €10,247
- Gross operating margin +€4,063
up €4,063 (+6.2%), from €65,069 to €69,132
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€17,501
Gross operating margin
+€4,063
Depreciation
-€413
Other operating charges
+€15,805
Financial charges
-€1
Taxes
-€6,215
Result 2025
€30,741
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€3,451
Investment
-€4,902
Financing
€0
Cash 2024
€18,794
From operations (derived)
+€3,451
Net result for the year
+€30,741
Depreciation
+€10,048
Receivables within one year
-€50,998
Trade debts
+€11,097
Tax, wage and social debts
+€2,194
Accrued charges and deferred income
+€370
Investment (derived)
-€4,902
Investment in fixed assets (net)
-€4,902
Cash 2025
€17,343
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €309,230 | €353,631 | +€44,401 | +14.4% |
| Fixed assets | 21/28 | €268,496 | €263,351 | -€5,146 | -1.9% |
| Tangible fixed assets | 22/27 | €268,496 | €263,351 | -€5,146 | -1.9% |
| Land and buildings | 22 | €268,496 | €263,351 | -€5,146 | -1.9% |
| Current assets | 29/58 | €40,733 | €90,280 | +€49,547 | +122% |
| Amounts receivable within one year | 40/41 | €21,940 | €72,937 | +€50,998 | +232% |
| Trade receivables | 40 | €8,630 | €59,655 | +€51,025 | +591% |
| Other amounts receivable | 41 | €13,310 | €13,283 | -€27 | -0.2% |
| Cash at bank and in hand | 54/58 | €18,794 | €17,343 | -€1,451 | -7.7% |
| Total equity and liabilities | 10/49 | €309,230 | €353,631 | +€44,401 | +14.4% |
| Equity | 10/15 | €293,454 | €324,195 | +€30,741 | +10.5% |
| Contributions | 10/11 | €260,000 | €260,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,454 | €64,195 | +€30,741 | +91.9% |
| Amounts payable | 17/49 | €15,776 | €29,436 | +€13,660 | +86.6% |
| Amounts payable within one year | 42/48 | €15,776 | €29,067 | +€13,291 | +84.2% |
| Trade debts | 44 | €1,060 | €12,156 | +€11,097 | +1,047% |
| Suppliers | 440/4 | €1,060 | €12,156 | +€11,097 | +1,047% |
| Taxes, remuneration and social security | 45 | €14,717 | €16,911 | +€2,194 | +14.9% |
| Taxes | 450/3 | €14,717 | €16,911 | +€2,194 | +14.9% |
| Accrued charges and deferred income | 492/3 | - | €370 | +€370 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,635 | €10,048 | +€413 | +4.3% |
| Other operating charges | 640/8 | €33,797 | €17,992 | -€15,805 | -46.8% |
| Gross operating margin | 9900 | €65,069 | €69,132 | +€4,063 | +6.2% |
| Operating profit (loss) | 9901 | €21,637 | €41,093 | +€19,456 | +89.9% |
| Financial charges | 65/66B | €103 | €104 | +€1 | +1.2% |
| Recurring financial charges | 65 | €103 | €104 | +€1 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €21,534 | €40,988 | +€19,454 | +90.3% |
| Income taxes | 67/77 | €4,032 | €10,247 | +€6,215 | +154% |
| Profit (loss) for the period | 9904 | €17,501 | €30,741 | +€13,240 | +75.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,501 | €30,741 | +€13,240 | +75.7% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.