B.D.T. SIRONVAL: what changed
What changed
B.D.T. SIRONVAL
NACE 66.220, Insurance agents and brokers
filed annual accounts (NBB)
Net result for the year
€27,197
2024 · €29,930-€2,733
Equity
€100,489
2024 · €100,792-€303
Cash
€55,019
2024 · €56,925-€1,906
Balance sheet total
€500,974
2024 · €552,926-€51,953
Largest movements
Assets
- Intangible fixed assets -€62,762
down €62,762 (-24.1%), from €260,000 to €197,238
- Tangible fixed assets +€18,053
up €18,053 (+12.3%), from €146,411 to €164,463
of which Furniture and vehicles: +€31,374
- Current investments +€16,000
up €16,000 (+46.4%), from €34,500 to €50,500
- Receivables within one year -€15,153
down €15,153 (-31.0%), from €48,907 to €33,753
of which Other amounts receivable: -€16,139
- Deferred charges and accrued income -€6,184
no longer reported in 2025 (was €6,184)
Equity and liabilities
- Debts after one year -€64,872
down €64,872 (-19.2%), from €338,185 to €273,313
- Current portion of long-term debt +€9,873
up €9,873 (+13.0%), from €76,134 to €86,007
- Other debts +€5,942
up €5,942 (+27.0%), from €22,000 to €27,942
Income statement
- Gross operating margin -€3,171
down €3,171 (-1.6%), from €196,644 to €193,474
- Financial charges -€2,412
down €2,412 (-22.2%), from €10,861 to €8,449
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€29,930
Gross operating margin
-€3,171
Staff costs
-€1,322
Depreciation
+€1,654
Other operating charges
-€40
Financial income
-€1,120
Financial charges
+€2,412
Taxes
-€1,147
Result 2025
€27,197
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€135,500
Investment
-€54,908
Financing
-€82,498
Cash 2024
€56,925
From operations (derived)
+€135,500
Net result for the year
+€27,197
Depreciation
+€83,616
Receivables within one year
+€15,153
Deferred charges and accrued income
+€6,184
Trade debts
-€2,842
Tax, wage and social debts
+€249
Other debts
+€5,942
Investment (derived)
-€54,908
Investment in fixed assets (net)
-€38,908
Current investments
-€16,000
Financing
-€82,498
Debts after one year
-€64,872
Current portion of long-term debt
+€9,873
Contributions, distributions and other
-€27,500
Cash 2025
€55,019
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €552,926 | €500,974 | -€51,953 | -9.4% |
| Fixed assets | 21/28 | €406,410 | €361,702 | -€44,709 | -11.0% |
| Intangible fixed assets | 21 | €260,000 | €197,238 | -€62,762 | -24.1% |
| Tangible fixed assets | 22/27 | €146,411 | €164,463 | +€18,053 | +12.3% |
| Land and buildings | 22 | €127,908 | €117,249 | -€10,659 | -8.3% |
| Plant, machinery and equipment | 23 | €8,521 | €5,858 | -€2,662 | -31.2% |
| Furniture and vehicles | 24 | €9,982 | €41,356 | +€31,374 | +314% |
| Current assets | 29/58 | €146,516 | €139,272 | -€7,244 | -4.9% |
| Amounts receivable within one year | 40/41 | €48,907 | €33,753 | -€15,153 | -31.0% |
| Trade receivables | 40 | €32,469 | €33,455 | +€986 | +3.0% |
| Other amounts receivable | 41 | €16,437 | €298 | -€16,139 | -98.2% |
| Current investments | 50/53 | €34,500 | €50,500 | +€16,000 | +46.4% |
| Cash at bank and in hand | 54/58 | €56,925 | €55,019 | -€1,906 | -3.3% |
| Deferred charges and accrued income | 490/1 | €6,184 | - | -€6,184 | |
| Total equity and liabilities | 10/49 | €552,926 | €500,974 | -€51,953 | -9.4% |
| Equity | 10/15 | €100,792 | €100,489 | -€303 | -0.3% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €67,479 | €67,176 | -€303 | -0.4% |
| Distributable reserves | 133 | €67,479 | €67,176 | -€303 | -0.4% |
| Profit (loss) carried forward | 14 | €8,523 | €8,523 | = | 0.0% |
| Amounts payable | 17/49 | €452,135 | €400,485 | -€51,650 | -11.4% |
| Amounts payable after more than one year | 17 | €338,185 | €273,313 | -€64,872 | -19.2% |
| Financial debts | 170/4 | €338,185 | €273,313 | -€64,872 | -19.2% |
| Amounts payable within one year | 42/48 | €113,950 | €127,172 | +€13,222 | +11.6% |
| Current portion of amounts payable after more than one year | 42 | €76,134 | €86,007 | +€9,873 | +13.0% |
| Trade debts | 44 | €8,012 | €5,170 | -€2,842 | -35.5% |
| Suppliers | 440/4 | €8,012 | €5,170 | -€2,842 | -35.5% |
| Taxes, remuneration and social security | 45 | €7,804 | €8,053 | +€249 | +3.2% |
| Remuneration and social security | 454/9 | €7,804 | €8,053 | +€249 | +3.2% |
| Other amounts payable | 47/48 | €22,000 | €27,942 | +€5,942 | +27.0% |
| Remuneration, social security and pensions | 62 | €59,975 | €61,297 | +€1,322 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,270 | €83,616 | -€1,654 | -1.9% |
| Other operating charges | 640/8 | €2,558 | €2,598 | +€40 | +1.5% |
| Gross operating margin | 9900 | €196,644 | €193,474 | -€3,171 | -1.6% |
| Operating profit (loss) | 9901 | €48,842 | €45,963 | -€2,879 | -5.9% |
| Financial income | 75/76B | €3,098 | €1,979 | -€1,120 | -36.1% |
| Recurring financial income | 75 | €3,098 | €1,979 | -€1,120 | -36.1% |
| Financial charges | 65/66B | €10,861 | €8,449 | -€2,412 | -22.2% |
| Recurring financial charges | 65 | €10,861 | €8,449 | -€2,412 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | €41,079 | €39,493 | -€1,586 | -3.9% |
| Income taxes | 67/77 | €11,148 | €12,295 | +€1,147 | +10.3% |
| Profit (loss) for the period | 9904 | €29,930 | €27,197 | -€2,733 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €29,930 | €27,197 | -€2,733 | -9.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.