ERVÉ BV.BE: 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.
ERVÉ BV.BE
Largest movements
- Tangible fixed assets +€27,842
up €27,842 (+3,088%), from €902 to €28,743
of which Furniture and vehicles: +€23,269
- Receivables within one year -€21,822
down €21,822 (-21.0%), from €103,994 to €82,172
of which Trade receivables: -€31,175
- Cash +€14,890
up €14,890 (+22.6%), from €65,837 to €80,726
- Deferred charges and accrued income +€10,473
up €10,473 (+428%), from €2,447 to €12,920
- Profit (loss) carried forward +€81,570
new in 2025: €81,570
- Trade debts -€37,181
down €37,181 (-73.4%), from €50,658 to €13,477
- Tax, wage and social debts -€12,976
down €12,976 (-69.9%), from €18,565 to €5,589
of which Taxes: -€16,990
- Gross operating margin +€41,390
up €41,390 (+38.7%), from €106,932 to €148,322
- Staff costs +€20,973
up €20,973 (+101%), from €20,754 to €41,727
- Taxes +€3,433
up €3,433 (+20.2%), from €16,990 to €20,423
- Depreciation +€3,028
up €3,028 (+1,707%), from €177 to €3,205
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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €176,059 | €207,441 | +€31,382 | +17.8% |
| Fixed assets | 21/28 | €3,782 | €31,623 | +€27,842 | +736% |
| Tangible fixed assets | 22/27 | €902 | €28,743 | +€27,842 | +3,088% |
| Plant, machinery and equipment | 23 | €902 | €5,475 | +€4,573 | +507% |
| Furniture and vehicles | 24 | - | €23,269 | +€23,269 | |
| Financial fixed assets | 28 | €2,880 | €2,880 | = | 0.0% |
| Current assets | 29/58 | €172,277 | €175,818 | +€3,541 | +2.1% |
| Amounts receivable within one year | 40/41 | €103,994 | €82,172 | -€21,822 | -21.0% |
| Trade receivables | 40 | €92,258 | €61,083 | -€31,175 | -33.8% |
| Other amounts receivable | 41 | €11,736 | €21,089 | +€9,353 | +79.7% |
| Cash at bank and in hand | 54/58 | €65,837 | €80,726 | +€14,890 | +22.6% |
| Deferred charges and accrued income | 490/1 | €2,447 | €12,920 | +€10,473 | +428% |
| Total equity and liabilities | 10/49 | €176,059 | €207,441 | +€31,382 | +17.8% |
| Equity | 10/15 | €106,239 | €187,809 | +€81,570 | +76.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €81,239 | €81,239 | = | 0.0% |
| Distributable reserves | 133 | €81,239 | €81,239 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €81,570 | +€81,570 | |
| Amounts payable | 17/49 | €69,819 | €19,632 | -€50,187 | -71.9% |
| Amounts payable within one year | 42/48 | €69,819 | €19,632 | -€50,187 | -71.9% |
| Trade debts | 44 | €50,658 | €13,477 | -€37,181 | -73.4% |
| Suppliers | 440/4 | €50,658 | €13,477 | -€37,181 | -73.4% |
| Taxes, remuneration and social security | 45 | €18,565 | €5,589 | -€12,976 | -69.9% |
| Taxes | 450/3 | €16,990 | €0 | -€16,990 | -100% |
| Remuneration and social security | 454/9 | €1,575 | €5,589 | +€4,014 | +255% |
| Other amounts payable | 47/48 | €597 | €566 | -€31 | -5.1% |
| Remuneration, social security and pensions | 62 | €20,754 | €41,727 | +€20,973 | +101% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €177 | €3,205 | +€3,028 | +1,707% |
| Other operating charges | 640/8 | €1,001 | €1,193 | +€192 | +19.2% |
| Gross operating margin | 9900 | €106,932 | €148,322 | +€41,390 | +38.7% |
| Operating profit (loss) | 9901 | €84,999 | €102,196 | +€17,197 | +20.2% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €160 | €208 | +€48 | +30.0% |
| Recurring financial charges | 65 | €160 | €208 | +€48 | +30.0% |
| Profit (loss) for the period before taxes | 9903 | €84,839 | €101,992 | +€17,153 | +20.2% |
| Income taxes | 67/77 | €16,990 | €20,423 | +€3,433 | +20.2% |
| Profit (loss) for the period | 9904 | €67,849 | €81,570 | +€13,720 | +20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €67,849 | €81,570 | +€13,720 | +20.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.