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
- Tangible fixed assets +€33,772
up €33,772 (+1006.9%), from €3,354 to €37,127
of which Plant, machinery and equipment: +€36,152
- Receivables within one year +€14,799
up €14,799 (+18.2%), from €81,179 to €95,977
of which Trade receivables: +€9,831
- Cash -€10,789
down €10,789 (-70.3%), from €15,356 to €4,568
mainly Investment in fixed assets (net) (-€37,722) and Tax, wage and social debts (-€14,870)
- Deferred charges and accrued income +€7,731
up €7,731 (+5231.7%), from €148 to €7,879
- Trade debts +€32,482
up €32,482 (+29.1%), from €111,593 to €144,075
- Profit (loss) carried forward +€29,143
up €29,143 (+37.6%), from -€77,537 to -€48,394
- Tax, wage and social debts -€14,870
down €14,870 (-27.7%), from €53,706 to €38,836
of which Taxes: -€10,227
- Other debts -€1,683
down €1,683 (-77.5%), from €2,171 to €488
- Staff costs -€116,099
down €116,099 (-50.9%), from €227,956 to €111,857
- Provisions +€50,000
up €50,000, from -€50,000 to €0
- Gross operating margin -€25,005
down €25,005 (-13.6%), from €184,450 to €159,445
- Taxes +€10,785
up €10,785 (+335.4%), from €3,215 to €14,000
- Financial charges -€2,409
down €2,409 (-98.7%), from €2,441 to €33
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 | €100,037 | €145,551 | +€45,514 | +45.5% |
| Fixed assets | 21/28 | €3,354 | €37,127 | +€33,772 | +1006.9% |
| Tangible fixed assets | 22/27 | €3,354 | €37,127 | +€33,772 | +1006.9% |
| Plant, machinery and equipment | 23 | - | €36,152 | +€36,152 | |
| Furniture and vehicles | 24 | €3,354 | €975 | -€2,379 | -70.9% |
| Current assets | 29/58 | €96,683 | €108,424 | +€11,741 | +12.1% |
| Amounts receivable within one year | 40/41 | €81,179 | €95,977 | +€14,799 | +18.2% |
| Trade receivables | 40 | €81,179 | €91,009 | +€9,831 | +12.1% |
| Other amounts receivable | 41 | €0 | €4,968 | +€4,968 | |
| Cash at bank and in hand | 54/58 | €15,356 | €4,568 | -€10,789 | -70.3% |
| Deferred charges and accrued income | 490/1 | €148 | €7,879 | +€7,731 | +5231.7% |
| Total equity and liabilities | 10/49 | €100,037 | €145,551 | +€45,514 | +45.5% |
| Equity | 10/15 | -€69,477 | -€40,334 | +€29,143 | +41.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,537 | -€48,394 | +€29,143 | +37.6% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Environmental obligations | 163 | €0 | - | = | |
| Amounts payable | 17/49 | €169,513 | €185,884 | +€16,371 | +9.7% |
| Amounts payable within one year | 42/48 | €167,471 | €183,398 | +€15,928 | +9.5% |
| Trade debts | 44 | €111,593 | €144,075 | +€32,482 | +29.1% |
| Suppliers | 440/4 | €111,593 | €144,075 | +€32,482 | +29.1% |
| Taxes, remuneration and social security | 45 | €53,706 | €38,836 | -€14,870 | -27.7% |
| Taxes | 450/3 | €25,650 | €15,422 | -€10,227 | -39.9% |
| Remuneration and social security | 454/9 | €28,057 | €23,413 | -€4,643 | -16.5% |
| Other amounts payable | 47/48 | €2,171 | €488 | -€1,683 | -77.5% |
| Accrued charges and deferred income | 492/3 | €2,043 | €2,486 | +€443 | +21.7% |
| Remuneration, social security and pensions | 62 | €227,956 | €111,857 | -€116,099 | -50.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,173 | €3,950 | +€777 | +24.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€50,000 | €0 | +€50,000 | |
| Other operating charges | 640/8 | €674 | €462 | -€212 | -31.4% |
| Gross operating margin | 9900 | €184,450 | €159,445 | -€25,005 | -13.6% |
| Operating profit (loss) | 9901 | €2,646 | €43,176 | +€40,529 | +1531.5% |
| Financial charges | 65/66B | €2,441 | €33 | -€2,409 | -98.7% |
| Recurring financial charges | 65 | €2,441 | €33 | -€2,409 | -98.7% |
| Profit (loss) for the period before taxes | 9903 | €205 | €43,143 | +€42,938 | +20956.6% |
| Income taxes | 67/77 | €3,215 | €14,000 | +€10,785 | +335.4% |
| Profit (loss) for the period | 9904 | -€3,010 | €29,143 | +€32,153 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,010 | €29,143 | +€32,153 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.