BVS Technics: 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.
BVS Technics
Largest movements
- Tangible fixed assets +€273,923
up €273,923 (+678.2%), from €40,392 to €314,315
of which Land and buildings: +€247,717
- Cash -€26,752
down €26,752 (-47.9%), from €55,836 to €29,084
mainly Investment in fixed assets (net) (-€301,133) and Trade debts (-€7,419)
- Debts after one year +€209,777
new in 2025: €209,777
- Other debts +€31,585
up €31,585 (+47.8%), from €66,121 to €97,705
- Current portion of long-term debt +€11,490
new in 2025: €11,490
- Trade debts -€7,419
down €7,419 (-68.8%), from €10,782 to €3,362
- Depreciation +€16,044
up €16,044 (+143.7%), from €11,166 to €27,210
- Taxes -€5,220
down €5,220 (-86.6%), from €6,028 to €808
- Financial charges +€3,821
up €3,821 (+6704.8%), from €57 to €3,878
- Other operating charges +€664
up €664 (+748.3%), from €89 to €753
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 | €107,676 | €356,370 | +€248,695 | +231.0% |
| Fixed assets | 21/28 | €40,392 | €314,315 | +€273,923 | +678.2% |
| Tangible fixed assets | 22/27 | €40,392 | €314,315 | +€273,923 | +678.2% |
| Land and buildings | 22 | - | €247,717 | +€247,717 | |
| Plant, machinery and equipment | 23 | €33,390 | €59,391 | +€26,001 | +77.9% |
| Furniture and vehicles | 24 | €7,002 | €7,207 | +€204 | +2.9% |
| Current assets | 29/58 | €67,283 | €42,056 | -€25,228 | -37.5% |
| Amounts receivable within one year | 40/41 | €11,448 | €12,051 | +€604 | +5.3% |
| Trade receivables | 40 | €11,448 | €12,051 | +€604 | +5.3% |
| Cash at bank and in hand | 54/58 | €55,836 | €29,084 | -€26,752 | -47.9% |
| Deferred charges and accrued income | 490/1 | - | €921 | +€921 | |
| Total equity and liabilities | 10/49 | €107,676 | €356,370 | +€248,695 | +231.0% |
| Equity | 10/15 | €22,692 | €25,297 | +€2,606 | +11.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,692 | €20,297 | +€2,606 | +14.7% |
| Amounts payable | 17/49 | €84,984 | €331,073 | +€246,089 | +289.6% |
| Amounts payable after more than one year | 17 | - | €209,777 | +€209,777 | |
| Financial debts | 170/4 | - | €209,777 | +€209,777 | |
| Amounts payable within one year | 42/48 | €84,984 | €121,297 | +€36,313 | +42.7% |
| Current portion of amounts payable after more than one year | 42 | - | €11,490 | +€11,490 | |
| Trade debts | 44 | €10,782 | €3,362 | -€7,419 | -68.8% |
| Suppliers | 440/4 | €10,782 | €3,362 | -€7,419 | -68.8% |
| Taxes, remuneration and social security | 45 | €8,081 | €8,739 | +€658 | +8.1% |
| Taxes | 450/3 | €8,081 | €8,739 | +€658 | +8.1% |
| Other amounts payable | 47/48 | €66,121 | €97,705 | +€31,585 | +47.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,166 | €27,210 | +€16,044 | +143.7% |
| Other operating charges | 640/8 | €89 | €753 | +€664 | +748.3% |
| Gross operating margin | 9900 | €35,031 | €35,057 | +€26 | +0.1% |
| Operating profit (loss) | 9901 | €23,777 | €7,094 | -€16,683 | -70.2% |
| Financial income | 75/76B | €0 | €198 | +€198 | +1978300.0% |
| Recurring financial income | 75 | €0 | €198 | +€198 | +1978300.0% |
| Financial charges | 65/66B | €57 | €3,878 | +€3,821 | +6704.8% |
| Recurring financial charges | 65 | €57 | €3,878 | +€3,821 | +6704.8% |
| Profit (loss) for the period before taxes | 9903 | €23,720 | €3,414 | -€20,306 | -85.6% |
| Income taxes | 67/77 | €6,028 | €808 | -€5,220 | -86.6% |
| Profit (loss) for the period | 9904 | €17,692 | €2,606 | -€15,086 | -85.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,692 | €2,606 | -€15,086 | -85.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.