ByVa: 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.
ByVa
Largest movements
- Cash +€59,457
up €59,457 (+19.1%), from €310,674 to €370,130
mainly Other debts (+€450,965) and Net result for the year (+€305,116)
- Receivables within one year -€19,353
down €19,353 (-14.9%), from €129,453 to €110,100
of which Other amounts receivable: -€19,825
- Tangible fixed assets +€12,210
up €12,210 (+42.5%), from €28,740 to €40,950
of which Furniture and vehicles: +€14,038
- Other debts +€450,965
up €450,965 (+69190.9%), from €652 to €451,617
- Reserves -€404,325
down €404,325 (-46.7%), from €864,931 to €460,606
of which Distributable reserves: -€404,325
- Gross operating margin +€78,326
up €78,326 (+23.9%), from €327,659 to €405,985
- Taxes +€20,643
up €20,643 (+27.0%), from €76,379 to €97,021
- Financial income +€13,690
up €13,690 (+339.6%), from €4,032 to €17,722
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 | €893,694 | €950,885 | +€57,191 | +6.4% |
| Fixed assets | 21/28 | €28,740 | €40,950 | +€12,210 | +42.5% |
| Tangible fixed assets | 22/27 | €28,740 | €40,950 | +€12,210 | +42.5% |
| Land and buildings | 22 | €6,113 | €4,709 | -€1,405 | -23.0% |
| Plant, machinery and equipment | 23 | €758 | €335 | -€423 | -55.8% |
| Furniture and vehicles | 24 | €21,869 | €35,907 | +€14,038 | +64.2% |
| Current assets | 29/58 | €864,953 | €909,934 | +€44,981 | +5.2% |
| Amounts receivable within one year | 40/41 | €129,453 | €110,100 | -€19,353 | -14.9% |
| Trade receivables | 40 | €109,628 | €110,100 | +€472 | +0.4% |
| Other amounts receivable | 41 | €19,825 | €0 | -€19,825 | -100.0% |
| Current investments | 50/53 | €419,827 | €424,062 | +€4,235 | +1.0% |
| Cash at bank and in hand | 54/58 | €310,674 | €370,130 | +€59,457 | +19.1% |
| Deferred charges and accrued income | 490/1 | €5,000 | €5,642 | +€642 | +12.8% |
| Total equity and liabilities | 10/49 | €893,694 | €950,885 | +€57,191 | +6.4% |
| Equity | 10/15 | €866,931 | €462,606 | -€404,325 | -46.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €864,931 | €460,606 | -€404,325 | -46.7% |
| Tax-exempt reserves | 132 | €290,490 | €290,490 | = | 0.0% |
| Distributable reserves | 133 | €574,441 | €170,116 | -€404,325 | -70.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €26,763 | €488,279 | +€461,516 | +1724.5% |
| Amounts payable within one year | 42/48 | €26,763 | €488,279 | +€461,516 | +1724.5% |
| Financial debts | 43 | €10,000 | €10,000 | = | 0.0% |
| Credit institutions | 430/8 | €10,000 | €10,000 | = | 0.0% |
| Trade debts | 44 | €2,421 | €10,013 | +€7,592 | +313.6% |
| Suppliers | 440/4 | €2,421 | €10,013 | +€7,592 | +313.6% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €13,690 | €16,649 | +€2,959 | +21.6% |
| Taxes | 450/3 | €13,690 | €16,649 | +€2,959 | +21.6% |
| Other amounts payable | 47/48 | €652 | €451,617 | +€450,965 | +69190.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,433 | €9,604 | +€3,171 | +49.3% |
| Other operating charges | 640/8 | €3,578 | €6,232 | +€2,654 | +74.2% |
| Gross operating margin | 9900 | €327,659 | €405,985 | +€78,326 | +23.9% |
| Operating profit (loss) | 9901 | €317,649 | €390,150 | +€72,501 | +22.8% |
| Financial income | 75/76B | €4,032 | €17,722 | +€13,690 | +339.6% |
| Recurring financial income | 75 | €4,032 | €17,722 | +€13,690 | +339.6% |
| Financial charges | 65/66B | €4,733 | €5,735 | +€1,002 | +21.2% |
| Recurring financial charges | 65 | €4,733 | €5,735 | +€1,002 | +21.2% |
| Profit (loss) for the period before taxes | 9903 | €316,947 | €402,137 | +€85,190 | +26.9% |
| Income taxes | 67/77 | €76,379 | €97,021 | +€20,643 | +27.0% |
| Profit (loss) for the period | 9904 | €240,569 | €305,116 | +€64,547 | +26.8% |
| Transfer to tax-exempt reserves | 689 | €126,300 | €0 | -€126,300 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €114,269 | €305,116 | +€190,847 | +167.0% |
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 2 October 2026 via checked.be.