BVPT: 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.
BVPT
Largest movements
- Cash -€7,648
down €7,648 (-47.6%), from €16,068 to €8,420
mainly Other debts (-€13,414) and Trade debts (-€2,453)
- Tangible fixed assets -€3,376
down €3,376 (-42.0%), from €8,045 to €4,668
of which Plant, machinery and equipment: -€2,681
- Deferred charges and accrued income +€1,791
up €1,791 (+1,245%), from €144 to €1,935
- Receivables within one year -€744
down €744 (-60.7%), from €1,225 to €482
- Other debts -€13,414
down €13,414 (-80.8%), from €16,598 to €3,184
- Tax, wage and social debts +€6,958
up €6,958 (+403%), from €1,727 to €8,685
- Trade debts -€2,453
down €2,453 (-48.1%), from €5,101 to €2,648
- Profit (loss) carried forward -€1,068
down €1,068 (-36.3%), from -€2,944 to -€4,012
- Gross operating margin -€3,050
down €3,050 (-41.0%), from €7,431 to €4,381
- Other operating charges -€2,823
down €2,823 (-71.5%), from €3,948 to €1,125
- Depreciation -€1,139
down €1,139 (-25.2%), from €4,516 to €3,376
- Financial charges -€991
down €991 (-71.0%), from €1,395 to €405
- Taxes +€325
up €325 (+63.0%), from €516 to €841
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 | €25,482 | €15,505 | -€9,977 | -39.2% |
| Fixed assets | 21/28 | €8,045 | €4,668 | -€3,376 | -42.0% |
| Tangible fixed assets | 22/27 | €8,045 | €4,668 | -€3,376 | -42.0% |
| Plant, machinery and equipment | 23 | €7,018 | €4,337 | -€2,681 | -38.2% |
| Furniture and vehicles | 24 | €1,027 | €332 | -€695 | -67.7% |
| Current assets | 29/58 | €17,437 | €10,837 | -€6,600 | -37.9% |
| Amounts receivable within one year | 40/41 | €1,225 | €482 | -€744 | -60.7% |
| Trade receivables | 40 | €1,225 | €482 | -€744 | -60.7% |
| Cash at bank and in hand | 54/58 | €16,068 | €8,420 | -€7,648 | -47.6% |
| Deferred charges and accrued income | 490/1 | €144 | €1,935 | +€1,791 | +1,245% |
| Total equity and liabilities | 10/49 | €25,482 | €15,505 | -€9,977 | -39.2% |
| Equity | 10/15 | €2,056 | €988 | -€1,068 | -52.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,944 | -€4,012 | -€1,068 | -36.3% |
| Amounts payable | 17/49 | €23,426 | €14,517 | -€8,908 | -38.0% |
| Amounts payable within one year | 42/48 | €23,426 | €14,517 | -€8,908 | -38.0% |
| Trade debts | 44 | €5,101 | €2,648 | -€2,453 | -48.1% |
| Suppliers | 440/4 | €5,101 | €2,648 | -€2,453 | -48.1% |
| Taxes, remuneration and social security | 45 | €1,727 | €8,685 | +€6,958 | +403% |
| Taxes | 450/3 | €1,727 | €8,685 | +€6,958 | +403% |
| Other amounts payable | 47/48 | €16,598 | €3,184 | -€13,414 | -80.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,516 | €3,376 | -€1,139 | -25.2% |
| Other operating charges | 640/8 | €3,948 | €1,125 | -€2,823 | -71.5% |
| Gross operating margin | 9900 | €7,431 | €4,381 | -€3,050 | -41.0% |
| Operating profit (loss) | 9901 | -€1,033 | -€120 | +€912 | +88.4% |
| Financial income | 75/76B | - | €297 | +€297 | |
| Recurring financial income | 75 | - | €297 | +€297 | |
| Financial charges | 65/66B | €1,395 | €405 | -€991 | -71.0% |
| Recurring financial charges | 65 | €1,395 | €405 | -€991 | -71.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,428 | -€227 | +€2,201 | +90.6% |
| Income taxes | 67/77 | €516 | €841 | +€325 | +63.0% |
| Profit (loss) for the period | 9904 | -€2,944 | -€1,068 | +€1,876 | +63.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,944 | -€1,068 | +€1,876 | +63.7% |
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 16 October 2026 via checked.be.