BVV CONSULT: 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.
BVV CONSULT
Largest movements
- Current investments +€24,796
up €24,796 (+23.0%), from €107,694 to €132,490
- Tangible fixed assets +€24,360
up €24,360 (+12.2%), from €199,349 to €223,710
of which Furniture and vehicles: +€30,138
- Cash -€6,429
down €6,429 (-11.2%), from €57,512 to €51,083
mainly Contributions, distributions and other (-€68,390) and Investment in fixed assets (net) (-€35,411)
- Other debts +€27,452
up €27,452 (+14.9%), from €183,954 to €211,406
- Tax, wage and social debts +€9,809
up €9,809 (+77.9%), from €12,594 to €22,404
- Current portion of long-term debt +€5,063
up €5,063 (+47.2%), from €10,729 to €15,792
- Gross operating margin +€14,363
up €14,363 (+16.5%), from €86,981 to €101,344
- Taxes +€1,922
up €1,922 (+12.5%), from €15,420 to €17,342
- Financial income +€1,063
up €1,063 (+867%), from €123 to €1,186
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 | €384,653 | €430,385 | +€45,732 | +11.9% |
| Fixed assets | 21/28 | €199,349 | €223,710 | +€24,360 | +12.2% |
| Tangible fixed assets | 22/27 | €199,349 | €223,710 | +€24,360 | +12.2% |
| Land and buildings | 22 | €192,615 | €187,723 | -€4,892 | -2.5% |
| Furniture and vehicles | 24 | €4,935 | €35,073 | +€30,138 | +611% |
| Other tangible fixed assets | 26 | €1,799 | €913 | -€886 | -49.3% |
| Current assets | 29/58 | €185,303 | €206,675 | +€21,372 | +11.5% |
| Amounts receivable within one year | 40/41 | €20,097 | €23,103 | +€3,005 | +15.0% |
| Trade receivables | 40 | €19,500 | €21,265 | +€1,766 | +9.1% |
| Other amounts receivable | 41 | €598 | €1,837 | +€1,240 | +207% |
| Current investments | 50/53 | €107,694 | €132,490 | +€24,796 | +23.0% |
| Cash at bank and in hand | 54/58 | €57,512 | €51,083 | -€6,429 | -11.2% |
| Total equity and liabilities | 10/49 | €384,653 | €430,385 | +€45,732 | +11.9% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Amounts payable | 17/49 | €364,193 | €409,925 | +€45,732 | +12.6% |
| Amounts payable after more than one year | 17 | €156,053 | €157,891 | +€1,838 | +1.2% |
| Financial debts | 170/4 | €156,053 | €157,891 | +€1,838 | +1.2% |
| Amounts payable within one year | 42/48 | €208,140 | €252,034 | +€43,894 | +21.1% |
| Current portion of amounts payable after more than one year | 42 | €10,729 | €15,792 | +€5,063 | +47.2% |
| Trade debts | 44 | €863 | €2,432 | +€1,569 | +182% |
| Suppliers | 440/4 | €863 | €2,432 | +€1,569 | +182% |
| Taxes, remuneration and social security | 45 | €12,594 | €22,404 | +€9,809 | +77.9% |
| Taxes | 450/3 | €12,594 | €22,404 | +€9,809 | +77.9% |
| Other amounts payable | 47/48 | €183,954 | €211,406 | +€27,452 | +14.9% |
| Non-recurring operating income | 76A | - | €8,809 | +€8,809 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,063 | €11,050 | -€1,012 | -8.4% |
| Other operating charges | 640/8 | €1,668 | €1,707 | +€39 | +2.4% |
| Gross operating margin | 9900 | €86,981 | €101,344 | +€14,363 | +16.5% |
| Operating profit (loss) | 9901 | €73,251 | €88,587 | +€15,336 | +20.9% |
| Financial income | 75/76B | €123 | €1,186 | +€1,063 | +867% |
| Recurring financial income | 75 | €123 | €1,186 | +€1,063 | +867% |
| Financial charges | 65/66B | €3,997 | €4,041 | +€44 | +1.1% |
| Recurring financial charges | 65 | €3,997 | €4,041 | +€44 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €69,377 | €85,732 | +€16,355 | +23.6% |
| Income taxes | 67/77 | €15,420 | €17,342 | +€1,922 | +12.5% |
| Profit (loss) for the period | 9904 | €53,957 | €68,390 | +€14,434 | +26.8% |
| Profit (loss) for the period to be appropriated | 9905 | €53,957 | €68,390 | +€14,434 | +26.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.