BD ONDERNEMINGEN: what changed
Two financial 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 ONDERNEMINGEN
Largest movements
- Cash +€11,139
up €11,139 (+36.3%), from €30,728 to €41,867
mainly Net result for the year (+€24,519) and Depreciation (+€8,167)
- Receivables within one year -€3,469
down €3,469 (-28.0%), from €12,394 to €8,925
of which Trade receivables: -€4,973
- Deferred charges and accrued income +€1,556
up €1,556 (+111%), from €1,407 to €2,963
- Tangible fixed assets +€1,147
up €1,147 (+8.4%), from €13,714 to €14,861
of which Furniture and vehicles: +€6,096
- Reserves +€24,519
up €24,519 (+173%), from €14,158 to €38,677
- Other debts -€9,332
down €9,332 (-44.6%), from €20,946 to €11,615
- Trade debts -€8,336
down €8,336 (-81.7%), from €10,199 to €1,863
- Tax, wage and social debts +€3,522
up €3,522 (+44.4%), from €7,940 to €11,462
of which Taxes: +€5,522
- Gross operating margin +€11,739
up €11,739 (+41.3%), from €28,438 to €40,177
- Taxes +€4,432
up €4,432 (+73.7%), from €6,015 to €10,447
- Financial income +€4,267
up €4,267 (+185,531%), from €2 to €4,270
- Depreciation +€2,148
up €2,148 (+35.7%), from €6,019 to €8,167
- Other operating charges -€815
down €815 (-53.4%), from €1,527 to €712
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.
Derived cash bridge
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 | €58,243 | €68,616 | +€10,373 | +17.8% |
| Fixed assets | 21/28 | €13,714 | €14,861 | +€1,147 | +8.4% |
| Tangible fixed assets | 22/27 | €13,714 | €14,861 | +€1,147 | +8.4% |
| Plant, machinery and equipment | 23 | €7,712 | €5,222 | -€2,490 | -32.3% |
| Furniture and vehicles | 24 | €3,305 | €9,401 | +€6,096 | +184% |
| Leasing and similar rights | 25 | €2,698 | €239 | -€2,459 | -91.2% |
| Current assets | 29/58 | €44,529 | €53,755 | +€9,226 | +20.7% |
| Amounts receivable within one year | 40/41 | €12,394 | €8,925 | -€3,469 | -28.0% |
| Trade receivables | 40 | €12,394 | €7,422 | -€4,973 | -40.1% |
| Other amounts receivable | 41 | - | €1,504 | +€1,504 | |
| Cash at bank and in hand | 54/58 | €30,728 | €41,867 | +€11,139 | +36.3% |
| Deferred charges and accrued income | 490/1 | €1,407 | €2,963 | +€1,556 | +111% |
| Total equity and liabilities | 10/49 | €58,243 | €68,616 | +€10,373 | +17.8% |
| Equity | 10/15 | €19,158 | €43,677 | +€24,519 | +128% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €14,158 | €38,677 | +€24,519 | +173% |
| Distributable reserves | 133 | €14,158 | €38,677 | +€24,519 | +173% |
| Amounts payable | 17/49 | €39,085 | €24,939 | -€14,146 | -36.2% |
| Amounts payable within one year | 42/48 | €39,085 | €24,939 | -€14,146 | -36.2% |
| Trade debts | 44 | €10,199 | €1,863 | -€8,336 | -81.7% |
| Suppliers | 440/4 | €10,199 | €1,863 | -€8,336 | -81.7% |
| Taxes, remuneration and social security | 45 | €7,940 | €11,462 | +€3,522 | +44.4% |
| Taxes | 450/3 | €5,940 | €11,462 | +€5,522 | +93.0% |
| Remuneration and social security | 454/9 | €2,000 | €0 | -€2,000 | -100% |
| Other amounts payable | 47/48 | €20,946 | €11,615 | -€9,332 | -44.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,019 | €8,167 | +€2,148 | +35.7% |
| Other operating charges | 640/8 | €1,527 | €712 | -€815 | -53.4% |
| Gross operating margin | 9900 | €28,438 | €40,177 | +€11,739 | +41.3% |
| Operating profit (loss) | 9901 | €20,892 | €31,298 | +€10,406 | +49.8% |
| Financial income | 75/76B | €2 | €4,270 | +€4,267 | +185,531% |
| Recurring financial income | 75 | €2 | €4,270 | +€4,267 | +185,531% |
| Financial charges | 65/66B | €721 | €602 | -€119 | -16.5% |
| Recurring financial charges | 65 | €721 | €602 | -€119 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €20,173 | €34,965 | +€14,792 | +73.3% |
| Income taxes | 67/77 | €6,015 | €10,447 | +€4,432 | +73.7% |
| Profit (loss) for the period | 9904 | €14,158 | €24,519 | +€10,361 | +73.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,158 | €24,519 | +€10,361 | +73.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.