BVS SOLUTIONS: what changed
BVS SOLUTIONS
Largest movements
- Receivables within one year -€162,727
down €162,727 (-17.3%), from €938,519 to €775,792
- Tangible fixed assets +€104,195
up €104,195 (+12.1%), from €859,294 to €963,489
of which Land and buildings: +€111,337
- Cash +€48,217
up €48,217 (+33.0%), from €146,095 to €194,312
mainly Receivables within one year (+€162,727) and Net result for the year (+€145,541)
- Intangible fixed assets -€26,600
down €26,600 (-13.4%), from €198,233 to €171,633
- Other debts -€173,555
down €173,555 (-63.8%), from €272,208 to €98,653
- Profit (loss) carried forward +€145,541
up €145,541 (+76.9%), from €189,360 to €334,901
- Tax, wage and social debts -€143,541
down €143,541 (-48.1%), from €298,260 to €154,719
of which Remuneration and social security: -€177,025
- Debts after one year +€96,484
up €96,484 (+27.0%), from €357,954 to €454,438
- Gross operating margin -€64,162
down €64,162 (-15.3%), from €419,775 to €355,613
- Financial charges +€28,794
up €28,794 (+233%), from €12,349 to €41,143
- Depreciation -€26,517
down €26,517 (-18.6%), from €142,900 to €116,383
- Taxes -€20,959
down €20,959 (-31.5%), from €66,609 to €45,650
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,158,468 | €2,105,454 | -€53,014 | -2.5% |
| Fixed assets | 21/28 | €1,057,527 | €1,135,122 | +€77,595 | +7.3% |
| Intangible fixed assets | 21 | €198,233 | €171,633 | -€26,600 | -13.4% |
| Tangible fixed assets | 22/27 | €859,294 | €963,489 | +€104,195 | +12.1% |
| Land and buildings | 22 | €723,259 | €834,596 | +€111,337 | +15.4% |
| Plant, machinery and equipment | 23 | €21,267 | €15,950 | -€5,317 | -25.0% |
| Furniture and vehicles | 24 | €114,768 | €112,943 | -€1,825 | -1.6% |
| Current assets | 29/58 | €1,100,941 | €970,332 | -€130,609 | -11.9% |
| Stocks and contracts in progress | 3 | €16,300 | - | -€16,300 | |
| Stocks | 30/36 | €16,300 | - | -€16,300 | |
| Amounts receivable within one year | 40/41 | €938,519 | €775,792 | -€162,727 | -17.3% |
| Trade receivables | 40 | €938,519 | €775,792 | -€162,727 | -17.3% |
| Cash at bank and in hand | 54/58 | €146,095 | €194,312 | +€48,217 | +33.0% |
| Deferred charges and accrued income | 490/1 | €27 | €228 | +€201 | +744% |
| Total equity and liabilities | 10/49 | €2,158,468 | €2,105,454 | -€53,014 | -2.5% |
| Equity | 10/15 | €770,638 | €916,179 | +€145,541 | +18.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €576,278 | €576,278 | = | 0.0% |
| Distributable reserves | 133 | €576,278 | €576,278 | = | 0.0% |
| Profit (loss) carried forward | 14 | €189,360 | €334,901 | +€145,541 | +76.9% |
| Amounts payable | 17/49 | €1,387,830 | €1,189,275 | -€198,555 | -14.3% |
| Amounts payable after more than one year | 17 | €357,954 | €454,438 | +€96,484 | +27.0% |
| Financial debts | 170/4 | €357,954 | €454,438 | +€96,484 | +27.0% |
| Amounts payable within one year | 42/48 | €1,029,876 | €734,837 | -€295,039 | -28.6% |
| Financial debts | 43 | €25,410 | €28,795 | +€3,385 | +13.3% |
| Credit institutions | 430/8 | €25,410 | €28,795 | +€3,385 | +13.3% |
| Trade debts | 44 | €433,998 | €452,670 | +€18,672 | +4.3% |
| Suppliers | 440/4 | €433,998 | €452,670 | +€18,672 | +4.3% |
| Taxes, remuneration and social security | 45 | €298,260 | €154,719 | -€143,541 | -48.1% |
| Taxes | 450/3 | €111,735 | €145,219 | +€33,484 | +30.0% |
| Remuneration and social security | 454/9 | €186,525 | €9,500 | -€177,025 | -94.9% |
| Other amounts payable | 47/48 | €272,208 | €98,653 | -€173,555 | -63.8% |
| Remuneration, social security and pensions | 62 | - | €413 | +€413 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €142,900 | €116,383 | -€26,517 | -18.6% |
| Other operating charges | 640/8 | €8,570 | €6,511 | -€2,059 | -24.0% |
| Gross operating margin | 9900 | €419,775 | €355,613 | -€64,162 | -15.3% |
| Operating profit (loss) | 9901 | €268,305 | €232,306 | -€35,999 | -13.4% |
| Financial income | 75/76B | €13 | €28 | +€15 | +115% |
| Recurring financial income | 75 | €13 | €28 | +€15 | +115% |
| Financial charges | 65/66B | €12,349 | €41,143 | +€28,794 | +233% |
| Recurring financial charges | 65 | €12,349 | €41,143 | +€28,794 | +233% |
| Profit (loss) for the period before taxes | 9903 | €255,969 | €191,191 | -€64,778 | -25.3% |
| Income taxes | 67/77 | €66,609 | €45,650 | -€20,959 | -31.5% |
| Profit (loss) for the period | 9904 | €189,360 | €145,541 | -€43,819 | -23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €189,360 | €145,541 | -€43,819 | -23.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.