BD COMMIT: 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.
BD COMMIT
Largest movements
- Cash +€62,147
up €62,147 (+119.7%), from €51,899 to €114,046
mainly Net result for the year (+€47,462) and Current investments (+€23,763)
- Current investments -€23,763
down €23,763 (-47.5%), from €50,000 to €26,237
- Reserves +€47,450
up €47,450 (+26.9%), from €176,300 to €223,750
- Tax, wage and social debts -€4,371
down €4,371 (-54.1%), from €8,076 to €3,705
- Current portion of long-term debt -€4,152
no longer reported in 2025 (was €4,152)
- Gross operating margin -€11,100
down €11,100 (-12.7%), from €87,557 to €76,457
- Taxes -€2,583
down €2,583 (-12.5%), from €20,596 to €18,013
- Depreciation +€2,246
up €2,246 (+18.1%), from €12,398 to €14,644
- Financial income +€2,153
up €2,153 (+71.3%), from €3,020 to €5,173
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 | €195,748 | €233,653 | +€37,905 | +19.4% |
| Fixed assets | 21/28 | €38,776 | €38,796 | +€20 | +0.1% |
| Tangible fixed assets | 22/27 | €38,776 | €38,796 | +€20 | +0.1% |
| Land and buildings | 22 | €14,041 | €14,396 | +€355 | +2.5% |
| Plant, machinery and equipment | 23 | €3,411 | €2,382 | -€1,029 | -30.2% |
| Furniture and vehicles | 24 | €4,445 | €22,018 | +€17,573 | +395.3% |
| Leasing and similar rights | 25 | €16,879 | - | -€16,879 | |
| Current assets | 29/58 | €156,972 | €194,857 | +€37,885 | +24.1% |
| Amounts receivable within one year | 40/41 | €54,539 | €53,397 | -€1,142 | -2.1% |
| Trade receivables | 40 | €33,810 | €31,266 | -€2,544 | -7.5% |
| Other amounts receivable | 41 | €20,729 | €22,130 | +€1,402 | +6.8% |
| Current investments | 50/53 | €50,000 | €26,237 | -€23,763 | -47.5% |
| Cash at bank and in hand | 54/58 | €51,899 | €114,046 | +€62,147 | +119.7% |
| Deferred charges and accrued income | 490/1 | €535 | €1,178 | +€643 | +120.1% |
| Total equity and liabilities | 10/49 | €195,748 | €233,653 | +€37,905 | +19.4% |
| Equity | 10/15 | €182,424 | €229,886 | +€47,462 | +26.0% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €176,300 | €223,750 | +€47,450 | +26.9% |
| Distributable reserves | 133 | €176,300 | €223,750 | +€47,450 | +26.9% |
| Profit (loss) carried forward | 14 | €124 | €136 | +€12 | +9.3% |
| Amounts payable | 17/49 | €13,324 | €3,767 | -€9,557 | -71.7% |
| Amounts payable within one year | 42/48 | €13,324 | €3,767 | -€9,557 | -71.7% |
| Current portion of amounts payable after more than one year | 42 | €4,152 | - | -€4,152 | |
| Trade debts | 44 | €1,096 | €62 | -€1,034 | -94.3% |
| Suppliers | 440/4 | €1,096 | €62 | -€1,034 | -94.3% |
| Taxes, remuneration and social security | 45 | €8,076 | €3,705 | -€4,371 | -54.1% |
| Taxes | 450/3 | €8,076 | €3,705 | -€4,371 | -54.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,398 | €14,644 | +€2,246 | +18.1% |
| Other operating charges | 640/8 | €1,940 | €1,065 | -€875 | -45.1% |
| Gross operating margin | 9900 | €87,557 | €76,457 | -€11,100 | -12.7% |
| Operating profit (loss) | 9901 | €73,219 | €60,749 | -€12,470 | -17.0% |
| Financial income | 75/76B | €3,020 | €5,173 | +€2,153 | +71.3% |
| Recurring financial income | 75 | €3,020 | €5,173 | +€2,153 | +71.3% |
| Financial charges | 65/66B | €937 | €447 | -€490 | -52.3% |
| Recurring financial charges | 65 | €937 | €447 | -€490 | -52.3% |
| Profit (loss) for the period before taxes | 9903 | €75,301 | €65,475 | -€9,827 | -13.1% |
| Income taxes | 67/77 | €20,596 | €18,013 | -€2,583 | -12.5% |
| Profit (loss) for the period | 9904 | €54,706 | €47,462 | -€7,244 | -13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €54,706 | €47,462 | -€7,244 | -13.2% |
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.