BVolt: what changed
Two fiscal 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.
BVolt
Largest movements
- Receivables within one year +€73,983
up €73,983 (+265.5%), from €27,870 to €101,852
of which Trade receivables: +€59,300
- Tangible fixed assets -€14,964
down €14,964 (-5.2%), from €290,118 to €275,155
of which Furniture and vehicles: -€35,812
- Cash +€9,167
up €9,167 (+26.2%), from €35,000 to €44,167
mainly Trade debts (+€44,085) and Depreciation (+€42,730)
- Trade debts +€44,085
up €44,085 (+134.5%), from €32,784 to €76,869
- Reserves +€17,547
up €17,547 (+24.7%), from €71,074 to €88,621
- Short-term financial debts -€7,411
down €7,411 (-100.0%), from €7,411 to €0
- Current portion of long-term debt +€5,471
up €5,471 (+12.4%), from €44,175 to €49,646
- Other debts +€5,142
up €5,142 (+71.7%), from €7,170 to €12,312
- Depreciation +€5,838
up €5,838 (+15.8%), from €36,892 to €42,730
- Taxes -€988
down €988 (-16.7%), from €5,902 to €4,914
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 | €399,160 | €465,281 | +€66,121 | +16.6% |
| Fixed assets | 21/28 | €290,118 | €275,155 | -€14,964 | -5.2% |
| Tangible fixed assets | 22/27 | €290,118 | €275,155 | -€14,964 | -5.2% |
| Land and buildings | 22 | €156,098 | €146,475 | -€9,623 | -6.2% |
| Plant, machinery and equipment | 23 | €10,054 | €6,892 | -€3,162 | -31.4% |
| Furniture and vehicles | 24 | €123,966 | €88,154 | -€35,812 | -28.9% |
| Other tangible fixed assets | 26 | - | €33,633 | +€33,633 | |
| Current assets | 29/58 | €109,041 | €190,126 | +€81,085 | +74.4% |
| Stocks and contracts in progress | 3 | €46,082 | €43,269 | -€2,813 | -6.1% |
| Stocks | 30/36 | €46,082 | €43,269 | -€2,813 | -6.1% |
| Amounts receivable within one year | 40/41 | €27,870 | €101,852 | +€73,983 | +265.5% |
| Trade receivables | 40 | €13,555 | €72,855 | +€59,300 | +437.5% |
| Other amounts receivable | 41 | €14,315 | €28,997 | +€14,683 | +102.6% |
| Cash at bank and in hand | 54/58 | €35,000 | €44,167 | +€9,167 | +26.2% |
| Deferred charges and accrued income | 490/1 | €90 | €839 | +€749 | +833.6% |
| Total equity and liabilities | 10/49 | €399,160 | €465,281 | +€66,121 | +16.6% |
| Equity | 10/15 | €76,074 | €93,621 | +€17,547 | +23.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €71,074 | €88,621 | +€17,547 | +24.7% |
| Distributable reserves | 133 | €71,074 | €88,621 | +€17,547 | +24.7% |
| Amounts payable | 17/49 | €323,086 | €371,660 | +€48,574 | +15.0% |
| Amounts payable after more than one year | 17 | €225,603 | €224,384 | -€1,219 | -0.5% |
| Financial debts | 170/4 | €225,603 | €224,384 | -€1,219 | -0.5% |
| Amounts payable within one year | 42/48 | €94,624 | €144,141 | +€49,517 | +52.3% |
| Current portion of amounts payable after more than one year | 42 | €44,175 | €49,646 | +€5,471 | +12.4% |
| Financial debts | 43 | €7,411 | €0 | -€7,411 | -100.0% |
| Credit institutions | 430/8 | €7,411 | €0 | -€7,411 | -100.0% |
| Trade debts | 44 | €32,784 | €76,869 | +€44,085 | +134.5% |
| Suppliers | 440/4 | €32,784 | €76,869 | +€44,085 | +134.5% |
| Advances received on contracts in progress | 46 | - | €2,615 | +€2,615 | |
| Taxes, remuneration and social security | 45 | €3,084 | €2,700 | -€384 | -12.4% |
| Taxes | 450/3 | €3,084 | €2,700 | -€384 | -12.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €7,170 | €12,312 | +€5,142 | +71.7% |
| Accrued charges and deferred income | 492/3 | €2,859 | €3,135 | +€276 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,892 | €42,730 | +€5,838 | +15.8% |
| Other operating charges | 640/8 | €2,256 | €1,920 | -€336 | -14.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €81,093 | €80,720 | -€373 | -0.5% |
| Operating profit (loss) | 9901 | €41,945 | €36,070 | -€5,875 | -14.0% |
| Financial income | 75/76B | €476 | €127 | -€350 | -73.4% |
| Recurring financial income | 75 | €476 | €127 | -€350 | -73.4% |
| Financial charges | 65/66B | €13,092 | €13,736 | +€644 | +4.9% |
| Recurring financial charges | 65 | €13,092 | €13,736 | +€644 | +4.9% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €29,329 | €22,461 | -€6,868 | -23.4% |
| Income taxes | 67/77 | €5,902 | €4,914 | -€988 | -16.7% |
| Profit (loss) for the period | 9904 | €23,427 | €17,547 | -€5,880 | -25.1% |
| Profit (loss) for the period to be appropriated | 9905 | €23,427 | €17,547 | -€5,880 | -25.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.