BD MAT: 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 MAT
Largest movements
- Cash +€3,718
up €3,718 (+54.2%), from €6,861 to €10,580
mainly Net result for the year (+€4,833) and Receivables within one year (+€1,509)
- Stocks and contracts +€3,575
up €3,575 (+39.4%), from €9,076 to €12,651
- Receivables within one year -€1,509
down €1,509 (-49.3%), from €3,063 to €1,554
of which Trade receivables: -€1,509
- Profit (loss) carried forward +€4,833
up €4,833 (+73.3%), from -€6,589 to -€1,756
- Tax, wage and social debts +€1,425
up €1,425 (+104.0%), from €1,371 to €2,795
- Gross operating margin +€5,007
up €5,007, from -€124 to €4,883
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,000 | €24,785 | +€5,785 | +30.4% |
| Current assets | 29/58 | €19,000 | €24,785 | +€5,785 | +30.4% |
| Stocks and contracts in progress | 3 | €9,076 | €12,651 | +€3,575 | +39.4% |
| Stocks | 30/36 | €9,076 | €12,651 | +€3,575 | +39.4% |
| Amounts receivable within one year | 40/41 | €3,063 | €1,554 | -€1,509 | -49.3% |
| Trade receivables | 40 | €2,563 | €1,054 | -€1,509 | -58.9% |
| Other amounts receivable | 41 | €500 | €500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,861 | €10,580 | +€3,718 | +54.2% |
| Total equity and liabilities | 10/49 | €19,000 | €24,785 | +€5,785 | +30.4% |
| Equity | 10/15 | -€389 | €4,444 | +€4,833 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,589 | -€1,756 | +€4,833 | +73.3% |
| Amounts payable | 17/49 | €19,389 | €20,341 | +€952 | +4.9% |
| Amounts payable within one year | 42/48 | €19,389 | €20,341 | +€952 | +4.9% |
| Trade debts | 44 | €326 | €97 | -€229 | -70.3% |
| Suppliers | 440/4 | €326 | €97 | -€229 | -70.3% |
| Taxes, remuneration and social security | 45 | €1,371 | €2,795 | +€1,425 | +104.0% |
| Taxes | 450/3 | €1,371 | €2,795 | +€1,425 | +104.0% |
| Other amounts payable | 47/48 | €17,693 | €17,449 | -€244 | -1.4% |
| Gross operating margin | 9900 | -€124 | €4,883 | +€5,007 | |
| Operating profit (loss) | 9901 | -€124 | €4,883 | +€5,007 | |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €43 | €50 | +€7 | +16.5% |
| Recurring financial charges | 65 | €43 | €50 | +€7 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | -€157 | €4,833 | +€4,990 | |
| Profit (loss) for the period | 9904 | -€157 | €4,833 | +€4,990 | |
| Profit (loss) for the period to be appropriated | 9905 | -€157 | €4,833 | +€4,990 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.