B.D. ENGINEERING: 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.
B.D. ENGINEERING
Largest movements
- Cash +€580,851
up €580,851 (+631.2%), from €92,018 to €672,869
mainly Current investments (+€507,000) and Depreciation (+€53,856)
- Current investments -€507,000
down €507,000 (-59.2%), from €857,000 to €350,000
- Tangible fixed assets -€53,856
down €53,856 (-7.8%), from €694,363 to €640,507
of which Land and buildings: -€38,162
- Receivables within one year -€16,892
down €16,892 (-57.4%), from €29,439 to €12,547
of which Trade receivables: -€12,475
No liability line moved by more than 1% of the balance sheet total.
- Depreciation +€11,100
up €11,100 (+26.0%), from €42,756 to €53,856
- Gross operating margin +€8,384
up €8,384 (+6.6%), from €127,640 to €136,024
- Financial income -€7,351
down €7,351 (-30.2%), from €24,378 to €17,027
- Taxes -€5,451
down €5,451 (-21.3%), from €25,606 to €20,154
- Financial charges +€2,359
up €2,359 (+8.5%), from €27,768 to €30,127
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 | €1,682,356 | €1,682,368 | +€12 | 0.0% |
| Fixed assets | 21/28 | €694,363 | €640,507 | -€53,856 | -7.8% |
| Tangible fixed assets | 22/27 | €694,363 | €640,507 | -€53,856 | -7.8% |
| Land and buildings | 22 | €623,291 | €585,129 | -€38,162 | -6.1% |
| Plant, machinery and equipment | 23 | €1,598 | €1,270 | -€328 | -20.5% |
| Furniture and vehicles | 24 | €67,064 | €52,300 | -€14,763 | -22.0% |
| Other tangible fixed assets | 26 | €2,410 | €1,807 | -€602 | -25.0% |
| Current assets | 29/58 | €987,994 | €1,041,861 | +€53,868 | +5.5% |
| Amounts receivable within one year | 40/41 | €29,439 | €12,547 | -€16,892 | -57.4% |
| Trade receivables | 40 | €24,440 | €11,965 | -€12,475 | -51.0% |
| Other amounts receivable | 41 | €4,999 | €582 | -€4,417 | -88.4% |
| Current investments | 50/53 | €857,000 | €350,000 | -€507,000 | -59.2% |
| Cash at bank and in hand | 54/58 | €92,018 | €672,869 | +€580,851 | +631.2% |
| Deferred charges and accrued income | 490/1 | €9,537 | €6,446 | -€3,092 | -32.4% |
| Total equity and liabilities | 10/49 | €1,682,356 | €1,682,368 | +€12 | 0.0% |
| Equity | 10/15 | €1,257,005 | €1,256,015 | -€991 | -0.1% |
| Contributions | 10/11 | €61,800 | €61,800 | = | 0.0% |
| Capital | 10 | €61,800 | €61,800 | = | 0.0% |
| Issued capital | 100 | €61,800 | €61,800 | = | 0.0% |
| Reserves | 13 | €1,195,205 | €1,194,215 | -€991 | -0.1% |
| Non-distributable reserves | 130/1 | €6,180 | €6,180 | = | 0.0% |
| Legal reserve | 130 | €6,180 | €6,180 | = | 0.0% |
| Distributable reserves | 133 | €1,189,025 | €1,188,035 | -€991 | -0.1% |
| Amounts payable | 17/49 | €425,351 | €426,354 | +€1,003 | +0.2% |
| Amounts payable after more than one year | 17 | €309,867 | €309,867 | = | 0.0% |
| Other amounts payable | 178/9 | €309,867 | €309,867 | = | 0.0% |
| Amounts payable within one year | 42/48 | €86,945 | €85,204 | -€1,741 | -2.0% |
| Trade debts | 44 | €7,184 | €1,978 | -€5,206 | -72.5% |
| Suppliers | 440/4 | €7,184 | €1,978 | -€5,206 | -72.5% |
| Taxes, remuneration and social security | 45 | €3,735 | €7,387 | +€3,652 | +97.8% |
| Taxes | 450/3 | €3,735 | €7,387 | +€3,652 | +97.8% |
| Other amounts payable | 47/48 | €76,026 | €75,838 | -€188 | -0.2% |
| Accrued charges and deferred income | 492/3 | €28,539 | €31,283 | +€2,744 | +9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,756 | €53,856 | +€11,100 | +26.0% |
| Other operating charges | 640/8 | €8,666 | €8,709 | +€43 | +0.5% |
| Gross operating margin | 9900 | €127,640 | €136,024 | +€8,384 | +6.6% |
| Operating profit (loss) | 9901 | €76,218 | €73,459 | -€2,759 | -3.6% |
| Financial income | 75/76B | €24,378 | €17,027 | -€7,351 | -30.2% |
| Recurring financial income | 75 | €24,378 | €17,027 | -€7,351 | -30.2% |
| Financial charges | 65/66B | €27,768 | €30,127 | +€2,359 | +8.5% |
| Recurring financial charges | 65 | €27,768 | €30,127 | +€2,359 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | €72,828 | €60,360 | -€12,469 | -17.1% |
| Income taxes | 67/77 | €25,606 | €20,154 | -€5,451 | -21.3% |
| Profit (loss) for the period | 9904 | €47,223 | €40,205 | -€7,017 | -14.9% |
| Profit (loss) for the period to be appropriated | 9905 | €47,223 | €40,205 | -€7,017 | -14.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.