BBDA: 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.
BBDA
Largest movements
- Receivables within one year +€834,542
up €834,542 (+82.8%), from €1.0m to €1.8m
of which Trade receivables: +€678,284
- Tangible fixed assets +€440,942
up €440,942 (+14.0%), from €3.1m to €3.6m
of which Assets under construction and advance payments: +€892,401
- Stocks and contracts +€414,482
up €414,482 (+35.3%), from €1.2m to €1.6m
- Other debts +€860,401
new in 2025: €860,401
- Trade debts +€686,198
new in 2025: €686,198
- Reserves +€604,761
up €604,761 (+58.6%), from €1.0m to €1.6m
- Debts after one year -€212,040
down €212,040 (-5.0%), from €4.2m to €4.0m
- Tax, wage and social debts -€139,108
down €139,108 (-37.8%), from €368,013 to €228,905
of which Taxes: -€98,870
- Gross operating margin +€604,463
up €604,463 (+68.7%), from €879,688 to €1.5m
- Taxes +€18,848
up €18,848 (+9.0%), from €209,830 to €228,678
- Other operating charges +€17,151
up €17,151 (+92.5%), from €18,540 to €35,691
- Financial charges +€15,536
up €15,536 (+14.0%), from €110,909 to €126,445
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 | €5,887,913 | €7,652,692 | +€1.8m | +30.0% |
| Fixed assets | 21/28 | €3,168,294 | €3,642,995 | +€474,701 | +15.0% |
| Intangible fixed assets | 21 | €23,453 | €57,212 | +€33,759 | +144% |
| Tangible fixed assets | 22/27 | €3,144,841 | €3,585,783 | +€440,942 | +14.0% |
| Land and buildings | 22 | €3,126,757 | €2,682,449 | -€444,308 | -14.2% |
| Furniture and vehicles | 24 | €18,084 | €10,933 | -€7,151 | -39.5% |
| Assets under construction and advance payments | 27 | - | €892,401 | +€892,401 | |
| Current assets | 29/58 | €2,719,619 | €4,009,697 | +€1.3m | +47.4% |
| Stocks and contracts in progress | 3 | €1,175,215 | €1,589,697 | +€414,482 | +35.3% |
| Stocks | 30/36 | €1,175,215 | €1,589,697 | +€414,482 | +35.3% |
| Amounts receivable within one year | 40/41 | €1,007,370 | €1,841,912 | +€834,542 | +82.8% |
| Trade receivables | 40 | €908,105 | €1,586,389 | +€678,284 | +74.7% |
| Other amounts receivable | 41 | €99,265 | €255,523 | +€156,258 | +157% |
| Cash at bank and in hand | 54/58 | €96,014 | €159,159 | +€63,145 | +65.8% |
| Deferred charges and accrued income | 490/1 | €441,020 | €418,928 | -€22,092 | -5.0% |
| Total equity and liabilities | 10/49 | €5,887,913 | €7,652,692 | +€1.8m | +30.0% |
| Equity | 10/15 | €1,043,658 | €1,648,419 | +€604,761 | +57.9% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €1,031,658 | €1,636,419 | +€604,761 | +58.6% |
| Distributable reserves | 133 | €1,031,658 | €1,636,419 | +€604,761 | +58.6% |
| Amounts payable | 17/49 | €4,844,255 | €6,004,273 | +€1.2m | +23.9% |
| Amounts payable after more than one year | 17 | €4,211,157 | €3,999,117 | -€212,040 | -5.0% |
| Financial debts | 170/4 | €4,211,157 | €3,999,117 | -€212,040 | -5.0% |
| Amounts payable within one year | 42/48 | €632,929 | €2,005,156 | +€1.4m | +217% |
| Current portion of amounts payable after more than one year | 42 | €264,916 | €229,652 | -€35,264 | -13.3% |
| Trade debts | 44 | - | €686,198 | +€686,198 | |
| Suppliers | 440/4 | - | €686,198 | +€686,198 | |
| Taxes, remuneration and social security | 45 | €368,013 | €228,905 | -€139,108 | -37.8% |
| Taxes | 450/3 | €248,410 | €149,540 | -€98,870 | -39.8% |
| Remuneration and social security | 454/9 | €119,603 | €79,365 | -€40,238 | -33.6% |
| Other amounts payable | 47/48 | - | €860,401 | +€860,401 | |
| Accrued charges and deferred income | 492/3 | €169 | - | -€169 | |
| Non-recurring operating income | 76A | €2,859 | €37,091 | +€34,232 | +1,197% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,151 | €30,411 | +€9,260 | +43.8% |
| Other operating charges | 640/8 | €18,540 | €35,691 | +€17,151 | +92.5% |
| Non-recurring operating charges | 66A | €15,657 | €464,602 | +€448,945 | +2,867% |
| Gross operating margin | 9900 | €879,688 | €1,484,151 | +€604,463 | +68.7% |
| Operating profit (loss) | 9901 | €824,340 | €953,447 | +€129,107 | +15.7% |
| Financial income | 75/76B | €2,806 | €6,438 | +€3,632 | +129% |
| Recurring financial income | 75 | €2,806 | €6,438 | +€3,632 | +129% |
| Financial charges | 65/66B | €110,909 | €126,445 | +€15,536 | +14.0% |
| Recurring financial charges | 65 | €110,909 | €126,445 | +€15,536 | +14.0% |
| Profit (loss) for the period before taxes | 9903 | €716,237 | €833,440 | +€117,203 | +16.4% |
| Income taxes | 67/77 | €209,830 | €228,678 | +€18,848 | +9.0% |
| Profit (loss) for the period | 9904 | €506,407 | €604,762 | +€98,355 | +19.4% |
| Profit (loss) for the period to be appropriated | 9905 | €506,407 | €604,762 | +€98,355 | +19.4% |
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 29 October 2026 via checked.be.