BD-TECH: 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-TECH
Largest movements
- Receivables within one year +€65,952
up €65,952 (+4708.9%), from €1,401 to €67,353
of which Other amounts receivable: +€45,392
- Cash +€16,377
up €16,377, from €0 to €16,377
mainly Net result for the year (+€97,022) and Other debts (+€35,693)
- Tangible fixed assets -€2,200
down €2,200 (-83.5%), from €2,634 to €434
of which Plant, machinery and equipment: -€1,601
- Deferred charges and accrued income +€957
up €957 (+124.8%), from €767 to €1,723
- Profit (loss) carried forward +€55,613
up €55,613, from -€55,613 to €0
- Other debts +€35,693
up €35,693 (+624.5%), from €5,716 to €41,409
- Short-term financial debts -€11,578
down €11,578 (-100.0%), from €11,578 to €0
- Tax, wage and social debts +€7,537
up €7,537 (+107.7%), from €6,999 to €14,536
- Trade debts -€6,304
down €6,304 (-78.2%), from €8,065 to €1,761
- Gross operating margin +€114,312
up €114,312 (+1962.7%), from €5,824 to €120,136
- Taxes +€14,536
up €14,536, from €0 to €14,536
- Depreciation -€9,987
down €9,987 (-95.9%), from €10,416 to €429
- Financial charges +€3,205
up €3,205 (+108.4%), from €2,956 to €6,161
- Financial income +€1,285
up €1,285 (+128457.0%), from €1 to €1,286
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 | €4,926 | €85,887 | +€80,961 | +1643.7% |
| Fixed assets | 21/28 | €2,759 | €434 | -€2,325 | -84.3% |
| Tangible fixed assets | 22/27 | €2,634 | €434 | -€2,200 | -83.5% |
| Plant, machinery and equipment | 23 | €1,601 | €0 | -€1,601 | -100.0% |
| Furniture and vehicles | 24 | €1,032 | €434 | -€599 | -58.0% |
| Financial fixed assets | 28 | €125 | €0 | -€125 | -100.0% |
| Current assets | 29/58 | €2,167 | €85,453 | +€83,286 | +3843.2% |
| Amounts receivable within one year | 40/41 | €1,401 | €67,353 | +€65,952 | +4708.9% |
| Trade receivables | 40 | €0 | €20,560 | +€20,560 | |
| Other amounts receivable | 41 | €1,401 | €46,793 | +€45,392 | +3241.0% |
| Cash at bank and in hand | 54/58 | €0 | €16,377 | +€16,377 | |
| Deferred charges and accrued income | 490/1 | €767 | €1,723 | +€957 | +124.8% |
| Total equity and liabilities | 10/49 | €4,926 | €85,887 | +€80,961 | +1643.7% |
| Equity | 10/15 | -€27,432 | €28,181 | +€55,613 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €25,181 | €25,181 | = | 0.0% |
| Distributable reserves | 133 | €25,181 | €25,181 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,613 | €0 | +€55,613 | |
| Amounts payable | 17/49 | €32,358 | €57,706 | +€25,348 | +78.3% |
| Amounts payable within one year | 42/48 | €32,358 | €57,706 | +€25,348 | +78.3% |
| Financial debts | 43 | €11,578 | €0 | -€11,578 | -100.0% |
| Credit institutions | 430/8 | €11,578 | €0 | -€11,578 | -100.0% |
| Trade debts | 44 | €8,065 | €1,761 | -€6,304 | -78.2% |
| Suppliers | 440/4 | €8,065 | €1,761 | -€6,304 | -78.2% |
| Taxes, remuneration and social security | 45 | €6,999 | €14,536 | +€7,537 | +107.7% |
| Taxes | 450/3 | €6,999 | €14,536 | +€7,537 | +107.7% |
| Other amounts payable | 47/48 | €5,716 | €41,409 | +€35,693 | +624.5% |
| Non-recurring operating income | 76A | - | €26,750 | +€26,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,416 | €429 | -€9,987 | -95.9% |
| Other operating charges | 640/8 | €1,868 | €1,503 | -€365 | -19.5% |
| Non-recurring operating charges | 66A | €277 | €1,771 | +€1,494 | +539.9% |
| Gross operating margin | 9900 | €5,824 | €120,136 | +€114,312 | +1962.7% |
| Operating profit (loss) | 9901 | -€6,737 | €116,433 | +€123,170 | |
| Financial income | 75/76B | €1 | €1,286 | +€1,285 | +128457.0% |
| Recurring financial income | 75 | €1 | €1,286 | +€1,285 | +128457.0% |
| Financial charges | 65/66B | €2,956 | €6,161 | +€3,205 | +108.4% |
| Recurring financial charges | 65 | €2,956 | €6,161 | +€3,205 | +108.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,692 | €111,558 | +€121,250 | |
| Income taxes | 67/77 | €0 | €14,536 | +€14,536 | |
| Profit (loss) for the period | 9904 | -€9,692 | €97,022 | +€106,714 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,692 | €97,022 | +€106,714 |
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 12 October 2026 via checked.be.