B.D.W. & CO: what changed
B.D.W. & CO
Largest movements
- Receivables within one year +€28,857
up €28,857 (+52.5%), from €55,004 to €83,861
of which Trade receivables: +€24,263
- Cash -€8,188
down €8,188 (-52.7%), from €15,546 to €7,359
mainly Receivables within one year (-€28,857) and Other debts (-€13,004)
- Stocks and contracts -€949
no longer reported in 2025 (was €949)
- Trade debts +€17,470
up €17,470 (+2,194%), from €796 to €18,266
- Profit (loss) carried forward +€14,886
up €14,886 (+41.3%), from €36,011 to €50,897
- Other debts -€13,004
no longer reported in 2025 (was €13,004)
- Gross operating margin -€5,667
down €5,667 (-26.7%), from €21,218 to €15,552
- Financial charges -€856
down €856 (-71.9%), from €1,190 to €334
- Other operating charges -€549
no longer reported in 2025 (was €549)
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €71,499 | €91,220 | +€19,721 | +27.6% |
| Current assets | 29/58 | €71,499 | €91,220 | +€19,721 | +27.6% |
| Stocks and contracts in progress | 3 | €949 | - | -€949 | |
| Stocks | 30/36 | €949 | - | -€949 | |
| Amounts receivable within one year | 40/41 | €55,004 | €83,861 | +€28,857 | +52.5% |
| Trade receivables | 40 | €53,867 | €78,130 | +€24,263 | +45.0% |
| Other amounts receivable | 41 | €1,138 | €5,731 | +€4,594 | +404% |
| Cash at bank and in hand | 54/58 | €15,546 | €7,359 | -€8,188 | -52.7% |
| Total equity and liabilities | 10/49 | €71,499 | €91,220 | +€19,721 | +27.6% |
| Equity | 10/15 | €56,471 | €71,357 | +€14,886 | +26.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,011 | €50,897 | +€14,886 | +41.3% |
| Amounts payable | 17/49 | €15,028 | €19,863 | +€4,834 | +32.2% |
| Amounts payable within one year | 42/48 | €15,028 | €19,863 | +€4,834 | +32.2% |
| Trade debts | 44 | €796 | €18,266 | +€17,470 | +2,194% |
| Suppliers | 440/4 | €796 | €18,266 | +€17,470 | +2,194% |
| Taxes, remuneration and social security | 45 | €1,228 | €1,597 | +€368 | +30.0% |
| Taxes | 450/3 | €1,228 | €1,597 | +€368 | +30.0% |
| Other amounts payable | 47/48 | €13,004 | - | -€13,004 | |
| Other operating charges | 640/8 | €549 | - | -€549 | |
| Gross operating margin | 9900 | €21,218 | €15,552 | -€5,667 | -26.7% |
| Operating profit (loss) | 9901 | €20,669 | €15,552 | -€5,118 | -24.8% |
| Financial income | 75/76B | - | €155 | +€155 | |
| Recurring financial income | 75 | - | €155 | +€155 | |
| Financial charges | 65/66B | €1,190 | €334 | -€856 | -71.9% |
| Recurring financial charges | 65 | €1,190 | €334 | -€856 | -71.9% |
| Profit (loss) for the period before taxes | 9903 | €19,479 | €15,373 | -€4,107 | -21.1% |
| Income taxes | 67/77 | €420 | €486 | +€66 | +15.7% |
| Profit (loss) for the period | 9904 | €19,059 | €14,886 | -€4,173 | -21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,059 | €14,886 | -€4,173 | -21.9% |
Next steps
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.