B.D.N. BART DE NIL: 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.N. BART DE NIL
Largest movements
- Receivables within one year -€22,080
down €22,080 (-95.9%), from €23,020 to €940
of which Trade receivables: -€19,045
- Cash +€15,418
up €15,418 (+48.8%), from €31,572 to €46,991
mainly Receivables within one year (+€22,080) and Depreciation (+€13,002)
- Tangible fixed assets -€11,730
down €11,730 (-15.1%), from €77,753 to €66,023
- Profit (loss) carried forward -€13,142
down €13,142 (-55.3%), from -€23,759 to -€36,902
- Debts after one year -€12,975
down €12,975 (-15.0%), from €86,264 to €73,289
- Trade debts +€7,604
up €7,604 (+213%), from €3,564 to €11,168
- Gross operating margin -€12,503
down €12,503 (-78.6%), from €15,914 to €3,411
- Financial charges +€632
up €632 (+278%), from €227 to €860
of which Non-recurring financial charges: +€673
- Depreciation +€591
up €591 (+4.8%), from €12,412 to €13,002
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 | €140,877 | €122,236 | -€18,641 | -13.2% |
| Fixed assets | 21/28 | €77,907 | €66,177 | -€11,730 | -15.1% |
| Tangible fixed assets | 22/27 | €77,753 | €66,023 | -€11,730 | -15.1% |
| Plant, machinery and equipment | 23 | €5,563 | €2,687 | -€2,876 | -51.7% |
| Furniture and vehicles | 24 | €5,818 | €5,072 | -€747 | -12.8% |
| Leasing and similar rights | 25 | €59,524 | €54,133 | -€5,391 | -9.1% |
| Other tangible fixed assets | 26 | €6,847 | €4,131 | -€2,716 | -39.7% |
| Financial fixed assets | 28 | €154 | €154 | = | 0.0% |
| Current assets | 29/58 | €62,970 | €56,059 | -€6,912 | -11.0% |
| Stocks and contracts in progress | 3 | €2,590 | €2,389 | -€200 | -7.7% |
| Stocks | 30/36 | €2,590 | €2,389 | -€200 | -7.7% |
| Amounts receivable within one year | 40/41 | €23,020 | €940 | -€22,080 | -95.9% |
| Trade receivables | 40 | €19,985 | €940 | -€19,045 | -95.3% |
| Other amounts receivable | 41 | €3,036 | - | -€3,036 | |
| Cash at bank and in hand | 54/58 | €31,572 | €46,991 | +€15,418 | +48.8% |
| Deferred charges and accrued income | 490/1 | €5,788 | €5,739 | -€49 | -0.9% |
| Total equity and liabilities | 10/49 | €140,877 | €122,236 | -€18,641 | -13.2% |
| Equity | 10/15 | €50,231 | €37,089 | -€13,142 | -26.2% |
| Contributions | 10/11 | €71,700 | €71,700 | = | 0.0% |
| Reserves | 13 | €2,290 | €2,290 | = | 0.0% |
| Distributable reserves | 133 | €2,290 | €2,290 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,759 | -€36,902 | -€13,142 | -55.3% |
| Amounts payable | 17/49 | €90,646 | €85,147 | -€5,499 | -6.1% |
| Amounts payable after more than one year | 17 | €86,264 | €73,289 | -€12,975 | -15.0% |
| Other amounts payable | 178/9 | €86,264 | €73,289 | -€12,975 | -15.0% |
| Amounts payable within one year | 42/48 | €3,995 | €11,458 | +€7,463 | +187% |
| Trade debts | 44 | €3,564 | €11,168 | +€7,604 | +213% |
| Suppliers | 440/4 | €3,564 | €11,168 | +€7,604 | +213% |
| Taxes, remuneration and social security | 45 | €431 | €290 | -€141 | -32.7% |
| Taxes | 450/3 | €431 | €290 | -€141 | -32.7% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,412 | €13,002 | +€591 | +4.8% |
| Other operating charges | 640/8 | €2,708 | €2,726 | +€18 | +0.7% |
| Gross operating margin | 9900 | €15,914 | €3,411 | -€12,503 | -78.6% |
| Operating profit (loss) | 9901 | €794 | -€12,317 | -€13,111 | |
| Financial income | 75/76B | €162 | €172 | +€10 | +6.4% |
| Recurring financial income | 75 | €162 | €172 | +€10 | +6.4% |
| Financial charges | 65/66B | €227 | €860 | +€632 | +278% |
| Recurring financial charges | 65 | €227 | €187 | -€41 | -17.9% |
| Non-recurring financial charges | 66B | - | €673 | +€673 | |
| Profit (loss) for the period before taxes | 9903 | €729 | -€13,005 | -€13,733 | |
| Income taxes | 67/77 | €131 | €138 | +€6 | +4.7% |
| Profit (loss) for the period | 9904 | €597 | -€13,142 | -€13,739 | |
| Profit (loss) for the period to be appropriated | 9905 | €597 | -€13,142 | -€13,739 |
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 20 October 2026 via checked.be.