BD Constructions: 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 Constructions
Largest movements
- Receivables within one year +€48,825
up €48,825 (+198.4%), from €24,606 to €73,431
of which Other amounts receivable: +€51,844
- Cash +€26,996
up €26,996 (+78.1%), from €34,546 to €61,542
mainly Net result for the year (+€68,725) and Tax, wage and social debts (+€16,858)
- Tangible fixed assets +€10,499
new in 2025: €10,499
- Profit (loss) carried forward +€68,725
up €68,725 (+160.5%), from €42,831 to €111,557
- Tax, wage and social debts +€16,858
up €16,858 (+117.7%), from €14,321 to €31,179
- Gross operating margin +€55,529
up €55,529 (+137.4%), from €40,403 to €95,933
- Taxes +€14,687
up €14,687 (+178.1%), from €8,246 to €22,933
- Write-downs -€5,448
no longer reported in 2025 (was €5,448)
- Depreciation +€3,500
new in 2025: €3,500
- Other operating charges -€1,185
down €1,185 (-67.0%), from €1,768 to €583
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 | €59,167 | €145,488 | +€86,321 | +145.9% |
| Fixed assets | 21/28 | - | €10,499 | +€10,499 | |
| Tangible fixed assets | 22/27 | - | €10,499 | +€10,499 | |
| Furniture and vehicles | 24 | - | €10,499 | +€10,499 | |
| Current assets | 29/58 | €59,167 | €134,989 | +€75,821 | +128.1% |
| Amounts receivable within one year | 40/41 | €24,606 | €73,431 | +€48,825 | +198.4% |
| Trade receivables | 40 | €7,819 | €4,801 | -€3,019 | -38.6% |
| Other amounts receivable | 41 | €16,787 | €68,630 | +€51,844 | +308.8% |
| Cash at bank and in hand | 54/58 | €34,546 | €61,542 | +€26,996 | +78.1% |
| Deferred charges and accrued income | 490/1 | €15 | €16 | +€0 | +3.1% |
| Total equity and liabilities | 10/49 | €59,167 | €145,488 | +€86,321 | +145.9% |
| Equity | 10/15 | €43,831 | €112,557 | +€68,725 | +156.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,831 | €111,557 | +€68,725 | +160.5% |
| Amounts payable | 17/49 | €15,336 | €32,931 | +€17,595 | +114.7% |
| Amounts payable within one year | 42/48 | €15,336 | €32,931 | +€17,595 | +114.7% |
| Trade debts | 44 | €1,015 | €1,753 | +€738 | +72.7% |
| Suppliers | 440/4 | €1,015 | €1,753 | +€738 | +72.7% |
| Taxes, remuneration and social security | 45 | €14,321 | €31,179 | +€16,858 | +117.7% |
| Taxes | 450/3 | €14,321 | €31,179 | +€16,858 | +117.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,500 | +€3,500 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,448 | - | -€5,448 | |
| Other operating charges | 640/8 | €1,768 | €583 | -€1,185 | -67.0% |
| Gross operating margin | 9900 | €40,403 | €95,933 | +€55,529 | +137.4% |
| Operating profit (loss) | 9901 | €33,187 | €91,850 | +€58,663 | +176.8% |
| Financial charges | 65/66B | €208 | €192 | -€16 | -7.8% |
| Recurring financial charges | 65 | €208 | €192 | -€16 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €32,979 | €91,658 | +€58,679 | +177.9% |
| Income taxes | 67/77 | €8,246 | €22,933 | +€14,687 | +178.1% |
| Profit (loss) for the period | 9904 | €24,733 | €68,725 | +€43,992 | +177.9% |
| Profit (loss) for the period to be appropriated | 9905 | €24,733 | €68,725 | +€43,992 | +177.9% |
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 6 October 2026 via checked.be.