BBDV: what changed
Two fiscal 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.
BBDV
Largest movements
- Tangible fixed assets +€57,066
up €57,066 (+47.4%), from €120,338 to €177,404
of which Land and buildings: +€51,617
- Cash +€45,519
up €45,519 (+61.0%), from €74,645 to €120,165
mainly Other debts (+€318,100) and Net result for the year (+€209,873)
- Receivables within one year +€21,464
up €21,464 (+90.1%), from €23,824 to €45,288
of which Trade receivables: +€15,217
- Other debts +€318,100
up €318,100 (+1457.2%), from €21,829 to €339,928
- Reserves -€191,000
down €191,000 (-44.6%), from €428,000 to €237,000
- Debts after one year -€87,331
down €87,331 (-23.7%), from €368,543 to €281,212
- Current portion of long-term debt +€71,717
up €71,717 (+84.3%), from €85,103 to €156,820
- Financial income -€171,548
down €171,548 (-47.1%), from €363,927 to €192,379
- Gross operating margin +€5,471
up €5,471 (+11.1%), from €49,410 to €54,881
- Financial charges -€4,077
down €4,077 (-16.5%), from €24,634 to €20,558
- Depreciation +€2,201
up €2,201 (+76.9%), from €2,861 to €5,062
- Staff costs +€1,768
new in 2025: €1,768
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.
Cash bridge derived
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 | €934,480 | €1,057,540 | +€123,060 | +13.2% |
| Fixed assets | 21/28 | €832,838 | €889,904 | +€57,066 | +6.9% |
| Tangible fixed assets | 22/27 | €120,338 | €177,404 | +€57,066 | +47.4% |
| Land and buildings | 22 | €118,808 | €170,425 | +€51,617 | +43.4% |
| Plant, machinery and equipment | 23 | €99 | €6,416 | +€6,318 | +6403.4% |
| Furniture and vehicles | 24 | €1,431 | €563 | -€868 | -60.6% |
| Financial fixed assets | 28 | €712,500 | €712,500 | = | 0.0% |
| Current assets | 29/58 | €101,642 | €167,636 | +€65,994 | +64.9% |
| Amounts receivable within one year | 40/41 | €23,824 | €45,288 | +€21,464 | +90.1% |
| Trade receivables | 40 | €17,740 | €32,957 | +€15,217 | +85.8% |
| Other amounts receivable | 41 | €6,084 | €12,331 | +€6,247 | +102.7% |
| Cash at bank and in hand | 54/58 | €74,645 | €120,165 | +€45,519 | +61.0% |
| Deferred charges and accrued income | 490/1 | €3,173 | €2,183 | -€989 | -31.2% |
| Total equity and liabilities | 10/49 | €934,480 | €1,057,540 | +€123,060 | +13.2% |
| Equity | 10/15 | €429,014 | €238,887 | -€190,127 | -44.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €428,000 | €237,000 | -€191,000 | -44.6% |
| Distributable reserves | 133 | €428,000 | €237,000 | -€191,000 | -44.6% |
| Profit (loss) carried forward | 14 | €14 | €887 | +€873 | +6445.5% |
| Amounts payable | 17/49 | €505,466 | €818,653 | +€313,187 | +62.0% |
| Amounts payable after more than one year | 17 | €368,543 | €281,212 | -€87,331 | -23.7% |
| Financial debts | 170/4 | €368,543 | €281,212 | -€87,331 | -23.7% |
| Amounts payable within one year | 42/48 | €127,297 | €521,375 | +€394,078 | +309.6% |
| Current portion of amounts payable after more than one year | 42 | €85,103 | €156,820 | +€71,717 | +84.3% |
| Trade debts | 44 | €3,441 | €6,074 | +€2,633 | +76.5% |
| Suppliers | 440/4 | €3,441 | €6,074 | +€2,633 | +76.5% |
| Taxes, remuneration and social security | 45 | €16,924 | €18,552 | +€1,628 | +9.6% |
| Taxes | 450/3 | €14,924 | €15,733 | +€809 | +5.4% |
| Remuneration and social security | 454/9 | €2,000 | €2,820 | +€820 | +41.0% |
| Other amounts payable | 47/48 | €21,829 | €339,928 | +€318,100 | +1457.2% |
| Accrued charges and deferred income | 492/3 | €9,626 | €16,066 | +€6,440 | +66.9% |
| Remuneration, social security and pensions | 62 | - | €1,768 | +€1,768 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,861 | €5,062 | +€2,201 | +76.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating charges | 66A | €904 | €846 | -€57 | -6.3% |
| Gross operating margin | 9900 | €49,410 | €54,881 | +€5,471 | +11.1% |
| Operating profit (loss) | 9901 | €45,258 | €46,805 | +€1,547 | +3.4% |
| Financial income | 75/76B | €363,927 | €192,379 | -€171,548 | -47.1% |
| Recurring financial income | 75 | €363,927 | €192,379 | -€171,548 | -47.1% |
| Financial charges | 65/66B | €24,634 | €20,558 | -€4,077 | -16.5% |
| Recurring financial charges | 65 | €24,634 | €20,558 | -€4,077 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €384,551 | €218,626 | -€165,925 | -43.1% |
| Income taxes | 67/77 | €8,916 | €8,753 | -€163 | -1.8% |
| Profit (loss) for the period | 9904 | €375,635 | €209,873 | -€165,762 | -44.1% |
| Profit (loss) for the period to be appropriated | 9905 | €375,635 | €209,873 | -€165,762 | -44.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.