BVU CONSULTING: 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.
BVU CONSULTING
Largest movements
- Cash -€32,257
down €32,257 (-96.7%), from €33,362 to €1,105
mainly Debts after one year (-€26,516) and Receivables within one year (-€24,483)
- Receivables within one year +€24,483
up €24,483 (+36.1%), from €67,748 to €92,231
of which Other amounts receivable: +€77,698
- Reserves +€64,744
up €64,744 (+139%), from €46,719 to €111,463
- Profit (loss) carried forward -€30,098
no longer reported in 2025 (was €30,098)
- Debts after one year -€26,516
down €26,516 (-10.6%), from €249,422 to €222,906
- Tax, wage and social debts -€11,128
down €11,128 (-55.1%), from €20,207 to €9,079
- Other debts -€4,257
down €4,257 (-54.9%), from €7,749 to €3,492
- Gross operating margin -€40,782
down €40,782 (-38.7%), from €105,261 to €64,479
- Financial charges +€13,789
up €13,789 (+1,638%), from €842 to €14,631
- Taxes -€13,689
down €13,689 (-48.9%), from €27,991 to €14,302
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 | €383,957 | €378,924 | -€5,033 | -1.3% |
| Fixed assets | 21/28 | €280,985 | €284,159 | +€3,175 | +1.1% |
| Tangible fixed assets | 22/27 | €0 | €3,175 | +€3,175 | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | €3,175 | +€3,175 | |
| Financial fixed assets | 28 | €280,985 | €280,985 | = | 0.0% |
| Current assets | 29/58 | €102,972 | €94,765 | -€8,208 | -8.0% |
| Amounts receivable within one year | 40/41 | €67,748 | €92,231 | +€24,483 | +36.1% |
| Trade receivables | 40 | €67,748 | €14,534 | -€53,214 | -78.5% |
| Other amounts receivable | 41 | - | €77,698 | +€77,698 | |
| Current investments | 50/53 | €1,000 | €1,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €33,362 | €1,105 | -€32,257 | -96.7% |
| Deferred charges and accrued income | 490/1 | €862 | €428 | -€434 | -50.3% |
| Total equity and liabilities | 10/49 | €383,957 | €378,924 | -€5,033 | -1.3% |
| Equity | 10/15 | €78,817 | €113,463 | +€34,646 | +44.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €46,719 | €111,463 | +€64,744 | +139% |
| Distributable reserves | 133 | €46,719 | €111,463 | +€64,744 | +139% |
| Profit (loss) carried forward | 14 | €30,098 | - | -€30,098 | |
| Amounts payable | 17/49 | €305,140 | €265,461 | -€39,679 | -13.0% |
| Amounts payable after more than one year | 17 | €249,422 | €222,906 | -€26,516 | -10.6% |
| Financial debts | 170/4 | €249,422 | €222,906 | -€26,516 | -10.6% |
| Amounts payable within one year | 42/48 | €55,718 | €42,555 | -€13,163 | -23.6% |
| Current portion of amounts payable after more than one year | 42 | €25,578 | €26,516 | +€938 | +3.7% |
| Trade debts | 44 | €2,184 | €3,468 | +€1,283 | +58.8% |
| Suppliers | 440/4 | €2,184 | €3,468 | +€1,283 | +58.8% |
| Taxes, remuneration and social security | 45 | €20,207 | €9,079 | -€11,128 | -55.1% |
| Taxes | 450/3 | €20,207 | €9,079 | -€11,128 | -55.1% |
| Other amounts payable | 47/48 | €7,749 | €3,492 | -€4,257 | -54.9% |
| Non-recurring operating income | 76A | €8,534 | €0 | -€8,534 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119 | €701 | +€582 | +489% |
| Other operating charges | 640/8 | €166 | €506 | +€339 | +204% |
| Gross operating margin | 9900 | €105,261 | €64,479 | -€40,782 | -38.7% |
| Operating profit (loss) | 9901 | €104,976 | €63,273 | -€41,703 | -39.7% |
| Financial income | 75/76B | €21 | €307 | +€286 | +1,379% |
| Recurring financial income | 75 | €21 | €307 | +€286 | +1,379% |
| Financial charges | 65/66B | €842 | €14,631 | +€13,789 | +1,638% |
| Recurring financial charges | 65 | €842 | €14,631 | +€13,789 | +1,638% |
| Profit (loss) for the period before taxes | 9903 | €104,155 | €48,948 | -€55,206 | -53.0% |
| Income taxes | 67/77 | €27,991 | €14,302 | -€13,689 | -48.9% |
| Profit (loss) for the period | 9904 | €76,164 | €34,646 | -€41,518 | -54.5% |
| Profit (loss) for the period to be appropriated | 9905 | €76,164 | €34,646 | -€41,518 | -54.5% |
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 15 October 2026 via checked.be.