BVL Technics: 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.
BVL Technics
Largest movements
- Current investments +€60,000
up €60,000 (+200%), from €30,000 to €90,000
- Cash +€31,403
up €31,403 (+77.3%), from €40,644 to €72,047
mainly Net result for the year (+€79,171) and Deferred charges and accrued income (+€18,000)
- Deferred charges and accrued income -€18,000
down €18,000 (-99.1%), from €18,158 to €159
- Receivables within one year +€12,819
up €12,819 (+315%), from €4,063 to €16,882
of which Trade receivables: +€16,719
- Tangible fixed assets -€5,984
down €5,984 (-11.5%), from €51,816 to €45,832
- Profit (loss) carried forward +€79,171
up €79,171 (+58.6%), from €135,174 to €214,344
- Depreciation +€6,244
up €6,244 (+90.0%), from €6,934 to €13,179
- Gross operating margin +€3,706
up €3,706 (+3.3%), from €110,825 to €114,531
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 | €144,682 | €224,920 | +€80,239 | +55.5% |
| Fixed assets | 21/28 | €51,816 | €45,832 | -€5,984 | -11.5% |
| Tangible fixed assets | 22/27 | €51,816 | €45,832 | -€5,984 | -11.5% |
| Furniture and vehicles | 24 | €51,816 | €45,832 | -€5,984 | -11.5% |
| Current assets | 29/58 | €92,866 | €179,088 | +€86,222 | +92.8% |
| Amounts receivable within one year | 40/41 | €4,063 | €16,882 | +€12,819 | +315% |
| Trade receivables | 40 | €163 | €16,882 | +€16,719 | +10,230% |
| Other amounts receivable | 41 | €3,900 | - | -€3,900 | |
| Current investments | 50/53 | €30,000 | €90,000 | +€60,000 | +200% |
| Cash at bank and in hand | 54/58 | €40,644 | €72,047 | +€31,403 | +77.3% |
| Deferred charges and accrued income | 490/1 | €18,158 | €159 | -€18,000 | -99.1% |
| Total equity and liabilities | 10/49 | €144,682 | €224,920 | +€80,239 | +55.5% |
| Equity | 10/15 | €138,174 | €217,344 | +€79,171 | +57.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €135,174 | €214,344 | +€79,171 | +58.6% |
| Amounts payable | 17/49 | €6,508 | €7,576 | +€1,068 | +16.4% |
| Amounts payable within one year | 42/48 | €6,508 | €7,576 | +€1,068 | +16.4% |
| Trade debts | 44 | - | €1,925 | +€1,925 | |
| Suppliers | 440/4 | - | €1,925 | +€1,925 | |
| Taxes, remuneration and social security | 45 | €6,276 | €5,426 | -€850 | -13.5% |
| Taxes | 450/3 | €6,276 | €5,426 | -€850 | -13.5% |
| Other amounts payable | 47/48 | €232 | €226 | -€6 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,934 | €13,179 | +€6,244 | +90.0% |
| Other operating charges | 640/8 | €526 | €624 | +€99 | +18.8% |
| Non-recurring operating charges | 66A | €1,008 | - | -€1,008 | |
| Gross operating margin | 9900 | €110,825 | €114,531 | +€3,706 | +3.3% |
| Operating profit (loss) | 9901 | €102,357 | €100,728 | -€1,629 | -1.6% |
| Financial income | 75/76B | - | €434 | +€434 | |
| Recurring financial income | 75 | - | €434 | +€434 | |
| Financial charges | 65/66B | €75 | €59 | -€16 | -21.5% |
| Recurring financial charges | 65 | €75 | €59 | -€16 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €102,282 | €101,104 | -€1,178 | -1.2% |
| Income taxes | 67/77 | €20,943 | €21,933 | +€991 | +4.7% |
| Profit (loss) for the period | 9904 | €81,339 | €79,171 | -€2,169 | -2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €81,339 | €79,171 | -€2,169 | -2.7% |
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 28 October 2026 via checked.be.