BD MECANIC: 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 MECANIC
Largest movements
- Cash +€148,256
up €148,256 (+111.7%), from €132,748 to €281,005
mainly Net result for the year (+€60,562) and Depreciation (+€57,684)
- Receivables within one year -€29,279
down €29,279 (-34.3%), from €85,405 to €56,126
of which Trade receivables: -€23,139
- Tangible fixed assets +€24,484
up €24,484 (+5.6%), from €439,489 to €463,973
of which Furniture and vehicles: +€26,599
- Reserves +€60,562
up €60,562 (+20.5%), from €295,422 to €355,985
of which Distributable reserves: +€60,562
- Debts after one year +€36,675
up €36,675 (+14.9%), from €246,633 to €283,308
- Current portion of long-term debt +€27,075
up €27,075 (+94.2%), from €28,756 to €55,831
- Trade debts -€16,495
down €16,495 (-37.5%), from €43,934 to €27,439
- Short-term financial debts +€8,814
up €8,814 (+352.6%), from €2,500 to €11,314
- Gross operating margin -€50,497
down €50,497 (-13.8%), from €364,694 to €314,197
- Taxes -€20,415
down €20,415 (-52.4%), from €38,975 to €18,560
- Depreciation +€19,304
up €19,304 (+50.3%), from €38,380 to €57,684
- Staff costs +€9,551
up €9,551 (+6.4%), from €148,637 to €158,188
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 | €712,801 | €843,740 | +€130,940 | +18.4% |
| Fixed assets | 21/28 | €447,489 | €463,973 | +€16,484 | +3.7% |
| Intangible fixed assets | 21 | €8,000 | - | -€8,000 | |
| Tangible fixed assets | 22/27 | €439,489 | €463,973 | +€24,484 | +5.6% |
| Land and buildings | 22 | €368,415 | €368,082 | -€333 | -0.1% |
| Plant, machinery and equipment | 23 | €9,266 | €7,483 | -€1,782 | -19.2% |
| Furniture and vehicles | 24 | €61,809 | €88,408 | +€26,599 | +43.0% |
| Current assets | 29/58 | €265,311 | €379,767 | +€114,456 | +43.1% |
| Stocks and contracts in progress | 3 | €38,197 | €35,906 | -€2,291 | -6.0% |
| Stocks | 30/36 | €38,197 | €35,906 | -€2,291 | -6.0% |
| Amounts receivable within one year | 40/41 | €85,405 | €56,126 | -€29,279 | -34.3% |
| Trade receivables | 40 | €69,403 | €46,265 | -€23,139 | -33.3% |
| Other amounts receivable | 41 | €16,002 | €9,861 | -€6,141 | -38.4% |
| Cash at bank and in hand | 54/58 | €132,748 | €281,005 | +€148,256 | +111.7% |
| Deferred charges and accrued income | 490/1 | €8,961 | €6,730 | -€2,231 | -24.9% |
| Total equity and liabilities | 10/49 | €712,801 | €843,740 | +€130,940 | +18.4% |
| Equity | 10/15 | €327,453 | €387,514 | +€60,061 | +18.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €295,422 | €355,985 | +€60,562 | +20.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €293,562 | €354,125 | +€60,562 | +20.6% |
| Investment grants | 15 | €13,430 | €12,929 | -€501 | -3.7% |
| Provisions and deferred taxes | 16 | €3,442 | €3,313 | -€128 | -3.7% |
| Deferred taxes | 168 | €3,442 | €3,313 | -€128 | -3.7% |
| Amounts payable | 17/49 | €381,906 | €452,913 | +€71,007 | +18.6% |
| Amounts payable after more than one year | 17 | €246,633 | €283,308 | +€36,675 | +14.9% |
| Financial debts | 170/4 | €246,633 | €283,308 | +€36,675 | +14.9% |
| Amounts payable within one year | 42/48 | €135,180 | €162,531 | +€27,351 | +20.2% |
| Current portion of amounts payable after more than one year | 42 | €28,756 | €55,831 | +€27,075 | +94.2% |
| Financial debts | 43 | €2,500 | €11,314 | +€8,814 | +352.6% |
| Credit institutions | 430/8 | €2,500 | €11,314 | +€8,814 | +352.6% |
| Trade debts | 44 | €43,934 | €27,439 | -€16,495 | -37.5% |
| Suppliers | 440/4 | €43,934 | €27,439 | -€16,495 | -37.5% |
| Taxes, remuneration and social security | 45 | €32,126 | €33,696 | +€1,570 | +4.9% |
| Taxes | 450/3 | €13,929 | €17,488 | +€3,559 | +25.6% |
| Remuneration and social security | 454/9 | €18,197 | €16,208 | -€1,990 | -10.9% |
| Other amounts payable | 47/48 | €27,864 | €34,251 | +€6,387 | +22.9% |
| Accrued charges and deferred income | 492/3 | €93 | €7,074 | +€6,981 | +7533.1% |
| Non-recurring operating income | 76A | €831 | €9 | -€822 | -98.9% |
| Remuneration, social security and pensions | 62 | €148,637 | €158,188 | +€9,551 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,380 | €57,684 | +€19,304 | +50.3% |
| Other operating charges | 640/8 | €2,683 | €5,770 | +€3,087 | +115.1% |
| Non-recurring operating charges | 66A | €1,244 | - | -€1,244 | |
| Gross operating margin | 9900 | €364,694 | €314,197 | -€50,497 | -13.8% |
| Operating profit (loss) | 9901 | €173,750 | €92,555 | -€81,195 | -46.7% |
| Financial income | 75/76B | €2,268 | €2,364 | +€95 | +4.2% |
| Recurring financial income | 75 | €2,268 | €2,364 | +€95 | +4.2% |
| Financial charges | 65/66B | €15,566 | €15,925 | +€359 | +2.3% |
| Recurring financial charges | 65 | €15,566 | €15,888 | +€322 | +2.1% |
| Non-recurring financial charges | 66B | - | €37 | +€37 | |
| Profit (loss) for the period before taxes | 9903 | €160,453 | €78,993 | -€81,459 | -50.8% |
| Transfer from deferred taxes | 780 | - | €128 | +€128 | |
| Income taxes | 67/77 | €38,975 | €18,560 | -€20,415 | -52.4% |
| Profit (loss) for the period | 9904 | €121,478 | €60,562 | -€60,916 | -50.1% |
| Profit (loss) for the period to be appropriated | 9905 | €121,478 | €60,562 | -€60,916 | -50.1% |
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 6 October 2026 via checked.be.