B.D.J.V.: 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.J.V.
Largest movements
- Receivables within one year +€25,389
up €25,389 (+725%), from €3,503 to €28,892
of which Trade receivables: +€23,786
- Cash +€22,959
up €22,959 (+44.5%), from €51,555 to €74,514
mainly Net result for the year (+€27,127) and Trade debts (+€23,475)
- Tangible fixed assets -€10,947
down €10,947 (-54.6%), from €20,046 to €9,099
of which Furniture and vehicles: -€13,219
- Trade debts +€23,475
up €23,475 (+1,138%), from €2,063 to €25,538
- Reserves +€21,293
up €21,293 (+112%), from €19,000 to €40,293
- Other debts -€19,334
down €19,334 (-83.3%), from €23,220 to €3,887
- Advances received +€10,000
new in 2025: €10,000
- Debts after one year -€6,398
no longer reported in 2025 (was €6,398)
- Gross operating margin +€32,763
up €32,763 (+184%), from €17,830 to €50,593
- Staff costs -€12,496
no longer reported in 2025 (was €12,496)
- Taxes +€9,637
new in 2025: €9,637
- Financial charges +€3,190
up €3,190 (+326%), from €980 to €4,170
- Depreciation -€3,062
down €3,062 (-25.9%), from €11,803 to €8,741
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 | €76,421 | €113,981 | +€37,560 | +49.1% |
| Fixed assets | 21/28 | €20,409 | €9,462 | -€10,947 | -53.6% |
| Tangible fixed assets | 22/27 | €20,046 | €9,099 | -€10,947 | -54.6% |
| Plant, machinery and equipment | 23 | €2,911 | €5,183 | +€2,272 | +78.1% |
| Furniture and vehicles | 24 | €17,136 | €3,917 | -€13,219 | -77.1% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €56,011 | €104,519 | +€48,507 | +86.6% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €3,503 | €28,892 | +€25,389 | +725% |
| Trade receivables | 40 | €3,417 | €27,202 | +€23,786 | +696% |
| Other amounts receivable | 41 | €86 | €1,689 | +€1,603 | +1,863% |
| Cash at bank and in hand | 54/58 | €51,555 | €74,514 | +€22,959 | +44.5% |
| Deferred charges and accrued income | 490/1 | €954 | €1,113 | +€159 | +16.7% |
| Total equity and liabilities | 10/49 | €76,421 | €113,981 | +€37,560 | +49.1% |
| Equity | 10/15 | €32,076 | €59,203 | +€27,127 | +84.6% |
| Contributions | 10/11 | €18,910 | €18,910 | = | 0.0% |
| Reserves | 13 | €19,000 | €40,293 | +€21,293 | +112% |
| Distributable reserves | 133 | €19,000 | €40,293 | +€21,293 | +112% |
| Profit (loss) carried forward | 14 | -€5,834 | - | +€5,834 | |
| Amounts payable | 17/49 | €44,345 | €54,778 | +€10,433 | +23.5% |
| Amounts payable after more than one year | 17 | €6,398 | - | -€6,398 | |
| Financial debts | 170/4 | €6,398 | - | -€6,398 | |
| Amounts payable within one year | 42/48 | €37,947 | €54,778 | +€16,831 | +44.4% |
| Current portion of amounts payable after more than one year | 42 | €6,803 | €4,516 | -€2,287 | -33.6% |
| Trade debts | 44 | €2,063 | €25,538 | +€23,475 | +1,138% |
| Suppliers | 440/4 | €2,063 | €25,538 | +€23,475 | +1,138% |
| Advances received on contracts in progress | 46 | - | €10,000 | +€10,000 | |
| Taxes, remuneration and social security | 45 | €5,860 | €10,837 | +€4,977 | +84.9% |
| Taxes | 450/3 | €5,860 | €10,837 | +€4,977 | +84.9% |
| Other amounts payable | 47/48 | €23,220 | €3,887 | -€19,334 | -83.3% |
| Remuneration, social security and pensions | 62 | €12,496 | - | -€12,496 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,803 | €8,741 | -€3,062 | -25.9% |
| Other operating charges | 640/8 | €977 | €942 | -€35 | -3.6% |
| Gross operating margin | 9900 | €17,830 | €50,593 | +€32,763 | +184% |
| Operating profit (loss) | 9901 | -€7,446 | €40,910 | +€48,356 | |
| Financial income | 75/76B | €157 | €24 | -€134 | -85.0% |
| Recurring financial income | 75 | €157 | €24 | -€134 | -85.0% |
| Financial charges | 65/66B | €980 | €4,170 | +€3,190 | +326% |
| Recurring financial charges | 65 | €980 | €4,170 | +€3,190 | +326% |
| Profit (loss) for the period before taxes | 9903 | -€8,268 | €36,764 | +€45,032 | |
| Income taxes | 67/77 | - | €9,637 | +€9,637 | |
| Profit (loss) for the period | 9904 | -€8,268 | €27,127 | +€35,396 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,268 | €27,127 | +€35,396 |
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 23 October 2026 via checked.be.