BVS CONSTRUCT: 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.
BVS CONSTRUCT
Largest movements
- Tangible fixed assets +€16,363
up €16,363 (+3,506%), from €467 to €16,829
- Cash +€1,977
up €1,977 (+68.5%), from €2,885 to €4,862
mainly Accrued charges and deferred income (+€9,494) and Depreciation (+€8,881)
- Stocks and contracts +€1,200
new in 2024: €1,200
- Receivables within one year -€685
down €685 (-1.8%), from €38,946 to €38,261
of which Trade receivables: -€2,418
- Accrued charges and deferred income +€9,494
new in 2024: €9,494
- Other debts +€8,523
up €8,523 (+36.5%), from €23,350 to €31,873
- Profit (loss) carried forward +€888
up €888 (+5.0%), from €17,633 to €18,520
- Gross operating margin -€18,904
down €18,904 (-65.9%), from €28,673 to €9,769
- Depreciation +€8,415
up €8,415 (+1,803%), from €467 to €8,881
- Taxes -€2,528
no longer reported in 2024 (was €2,528)
- Other operating charges -€1,547
no longer reported in 2024 (was €1,547)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,298 | €61,152 | +€18,855 | +44.6% |
| Fixed assets | 21/28 | €467 | €16,829 | +€16,363 | +3,506% |
| Tangible fixed assets | 22/27 | €467 | €16,829 | +€16,363 | +3,506% |
| Furniture and vehicles | 24 | €467 | €16,829 | +€16,363 | +3,506% |
| Current assets | 29/58 | €41,831 | €44,323 | +€2,492 | +6.0% |
| Stocks and contracts in progress | 3 | - | €1,200 | +€1,200 | |
| Stocks | 30/36 | - | €1,200 | +€1,200 | |
| Amounts receivable within one year | 40/41 | €38,946 | €38,261 | -€685 | -1.8% |
| Trade receivables | 40 | €34,271 | €31,853 | -€2,418 | -7.1% |
| Other amounts receivable | 41 | €4,675 | €6,407 | +€1,733 | +37.1% |
| Cash at bank and in hand | 54/58 | €2,885 | €4,862 | +€1,977 | +68.5% |
| Total equity and liabilities | 10/49 | €42,298 | €61,152 | +€18,855 | +44.6% |
| Equity | 10/15 | €18,898 | €19,785 | +€888 | +4.7% |
| Contributions | 10/11 | €1,150 | €1,150 | = | 0.0% |
| Reserves | 13 | €115 | €115 | = | 0.0% |
| Non-distributable reserves | 130/1 | €115 | €115 | = | 0.0% |
| Reserves not available under the articles | 1311 | €115 | €115 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,633 | €18,520 | +€888 | +5.0% |
| Amounts payable | 17/49 | €23,400 | €41,367 | +€17,967 | +76.8% |
| Amounts payable within one year | 42/48 | €23,400 | €31,873 | +€8,473 | +36.2% |
| Trade debts | 44 | €50 | - | -€50 | |
| Suppliers | 440/4 | €50 | - | -€50 | |
| Other amounts payable | 47/48 | €23,350 | €31,873 | +€8,523 | +36.5% |
| Accrued charges and deferred income | 492/3 | - | €9,494 | +€9,494 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €467 | €8,881 | +€8,415 | +1,803% |
| Other operating charges | 640/8 | €1,547 | - | -€1,547 | |
| Gross operating margin | 9900 | €28,673 | €9,769 | -€18,904 | -65.9% |
| Operating profit (loss) | 9901 | €26,660 | €888 | -€25,772 | -96.7% |
| Financial charges | 65/66B | €186 | - | -€186 | |
| Recurring financial charges | 65 | €186 | - | -€186 | |
| Profit (loss) for the period before taxes | 9903 | €26,474 | €888 | -€25,586 | -96.6% |
| Income taxes | 67/77 | €2,528 | - | -€2,528 | |
| Profit (loss) for the period | 9904 | €23,946 | €888 | -€23,058 | -96.3% |
| Profit (loss) for the period to be appropriated | 9905 | €23,946 | €888 | -€23,058 | -96.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.