BVR SERVICES: 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.
BVR SERVICES
Largest movements
- Receivables within one year +€8,193
up €8,193 (+39.3%), from €20,851 to €29,044
- Tangible fixed assets -€6,803
down €6,803 (-65.6%), from €10,368 to €3,565
- Tax, wage and social debts +€7,229
up €7,229 (+337%), from €2,148 to €9,377
of which Remuneration and social security: +€4,000
- Debts after one year -€4,619
down €4,619 (-22.7%), from €20,312 to €15,693
of which Financial debts: -€4,619
- Current portion of long-term debt -€1,434
down €1,434 (-21.9%), from €6,553 to €5,119
- Trade debts -€515
down €515 (-18.7%), from €2,750 to €2,235
- Gross operating margin -€363
down €363 (-4.4%), from €8,264 to €7,902
- Depreciation -€229
down €229 (-3.3%), from €7,032 to €6,803
- Financial charges -€163
down €163 (-26.0%), from €628 to €465
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 | €34,553 | €35,556 | +€1,003 | +2.9% |
| Fixed assets | 21/28 | €10,368 | €3,565 | -€6,803 | -65.6% |
| Tangible fixed assets | 22/27 | €10,368 | €3,565 | -€6,803 | -65.6% |
| Furniture and vehicles | 24 | €10,368 | €3,565 | -€6,803 | -65.6% |
| Current assets | 29/58 | €24,185 | €31,991 | +€7,806 | +32.3% |
| Amounts receivable within one year | 40/41 | €20,851 | €29,044 | +€8,193 | +39.3% |
| Trade receivables | 40 | €20,851 | €29,044 | +€8,193 | +39.3% |
| Cash at bank and in hand | 54/58 | €3,174 | €2,947 | -€227 | -7.1% |
| Deferred charges and accrued income | 490/1 | €161 | - | -€161 | |
| Total equity and liabilities | 10/49 | €34,553 | €35,556 | +€1,003 | +2.9% |
| Equity | 10/15 | €2,789 | €3,132 | +€343 | +12.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,211 | -€2,868 | +€343 | +10.7% |
| Amounts payable | 17/49 | €31,763 | €32,424 | +€660 | +2.1% |
| Amounts payable after more than one year | 17 | €20,312 | €15,693 | -€4,619 | -22.7% |
| Financial debts | 170/4 | €5,312 | €693 | -€4,619 | -87.0% |
| Other amounts payable | 178/9 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €11,451 | €16,731 | +€5,280 | +46.1% |
| Current portion of amounts payable after more than one year | 42 | €6,553 | €5,119 | -€1,434 | -21.9% |
| Trade debts | 44 | €2,750 | €2,235 | -€515 | -18.7% |
| Suppliers | 440/4 | €2,750 | €2,235 | -€515 | -18.7% |
| Taxes, remuneration and social security | 45 | €2,148 | €9,377 | +€7,229 | +337% |
| Taxes | 450/3 | €2,148 | €5,377 | +€3,229 | +150% |
| Remuneration and social security | 454/9 | - | €4,000 | +€4,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,032 | €6,803 | -€229 | -3.3% |
| Other operating charges | 640/8 | €282 | €291 | +€9 | +3.1% |
| Gross operating margin | 9900 | €8,264 | €7,902 | -€363 | -4.4% |
| Operating profit (loss) | 9901 | €950 | €808 | -€143 | -15.0% |
| Financial charges | 65/66B | €628 | €465 | -€163 | -26.0% |
| Recurring financial charges | 65 | €628 | €465 | -€163 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €323 | €343 | +€20 | +6.3% |
| Profit (loss) for the period | 9904 | €323 | €343 | +€20 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €323 | €343 | +€20 | +6.3% |
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 19 October 2026 via checked.be.