BD Technics: 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 Technics
Largest movements
- Receivables within one year +€473,648
up €473,648 (+412%), from €114,953 to €588,601
of which Trade receivables: +€473,222
- Current investments -€390,832
down €390,832 (-97.7%), from €400,000 to €9,168
- Tangible fixed assets +€376,021
up €376,021 (+2,227%), from €16,887 to €392,909
of which Land and buildings: +€355,895
- Cash -€82,019
down €82,019 (-39.5%), from €207,497 to €125,477
mainly Receivables within one year (-€473,648) and Investment in fixed assets (net) (-€401,235)
- Trade debts +€367,973
up €367,973 (+1,908%), from €19,285 to €387,258
- Reserves -€261,901
down €261,901 (-42.5%), from €616,468 to €354,567
of which Distributable reserves: -€261,901
- Debts after one year +€237,500
new in 2025: €237,500
- Other debts +€113,799
new in 2025: €113,799
- Profit (loss) carried forward -€44,366
no longer reported in 2025 (was €44,366)
- Gross operating margin -€67,409
down €67,409 (-73.4%), from €91,816 to €24,407
- Taxes -€23,692
down €23,692 (-94.6%), from €25,035 to €1,343
- Financial income +€9,350
up €9,350 (+1,531%), from €611 to €9,961
- Depreciation +€4,370
up €4,370 (+21.0%), from €20,844 to €25,214
- Financial charges +€3,735
up €3,735 (+1,231%), from €303 to €4,039
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 | €739,451 | €1,120,255 | +€380,805 | +51.5% |
| Fixed assets | 21/28 | €16,887 | €392,909 | +€376,021 | +2,227% |
| Tangible fixed assets | 22/27 | €16,887 | €392,909 | +€376,021 | +2,227% |
| Land and buildings | 22 | €6,402 | €362,297 | +€355,895 | +5,559% |
| Plant, machinery and equipment | 23 | - | €21,983 | +€21,983 | |
| Furniture and vehicles | 24 | €9,710 | €8,628 | -€1,081 | -11.1% |
| Leasing and similar rights | 25 | €776 | - | -€776 | |
| Current assets | 29/58 | €722,563 | €727,347 | +€4,784 | +0.7% |
| Amounts receivable within one year | 40/41 | €114,953 | €588,601 | +€473,648 | +412% |
| Trade receivables | 40 | €98,011 | €571,233 | +€473,222 | +483% |
| Other amounts receivable | 41 | €16,942 | €17,368 | +€426 | +2.5% |
| Current investments | 50/53 | €400,000 | €9,168 | -€390,832 | -97.7% |
| Cash at bank and in hand | 54/58 | €207,497 | €125,477 | -€82,019 | -39.5% |
| Deferred charges and accrued income | 490/1 | €114 | €4,100 | +€3,987 | +3,507% |
| Total equity and liabilities | 10/49 | €739,451 | €1,120,255 | +€380,805 | +51.5% |
| Equity | 10/15 | €679,384 | €373,117 | -€306,267 | -45.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €616,468 | €354,567 | -€261,901 | -42.5% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €614,613 | €352,712 | -€261,901 | -42.6% |
| Profit (loss) carried forward | 14 | €44,366 | - | -€44,366 | |
| Amounts payable | 17/49 | €60,067 | €747,139 | +€687,072 | +1,144% |
| Amounts payable after more than one year | 17 | - | €237,500 | +€237,500 | |
| Financial debts | 170/4 | - | €237,500 | +€237,500 | |
| Amounts payable within one year | 42/48 | €60,067 | €509,639 | +€449,572 | +748% |
| Current portion of amounts payable after more than one year | 42 | €683 | - | -€683 | |
| Trade debts | 44 | €19,285 | €387,258 | +€367,973 | +1,908% |
| Suppliers | 440/4 | €19,285 | €387,258 | +€367,973 | +1,908% |
| Advances received on contracts in progress | 46 | - | €2,181 | +€2,181 | |
| Taxes, remuneration and social security | 45 | €40,099 | €6,401 | -€33,698 | -84.0% |
| Taxes | 450/3 | €40,099 | €6,401 | -€33,698 | -84.0% |
| Other amounts payable | 47/48 | - | €113,799 | +€113,799 | |
| Remuneration, social security and pensions | 62 | €1,200 | - | -€1,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,844 | €25,214 | +€4,370 | +21.0% |
| Other operating charges | 640/8 | €678 | €460 | -€218 | -32.1% |
| Gross operating margin | 9900 | €91,816 | €24,407 | -€67,409 | -73.4% |
| Operating profit (loss) | 9901 | €69,094 | -€1,267 | -€70,361 | |
| Financial income | 75/76B | €611 | €9,961 | +€9,350 | +1,531% |
| Recurring financial income | 75 | €611 | €9,961 | +€9,350 | +1,531% |
| Financial charges | 65/66B | €303 | €4,039 | +€3,735 | +1,231% |
| Recurring financial charges | 65 | €303 | €4,039 | +€3,735 | +1,231% |
| Profit (loss) for the period before taxes | 9903 | €69,401 | €4,655 | -€64,746 | -93.3% |
| Income taxes | 67/77 | €25,035 | €1,343 | -€23,692 | -94.6% |
| Profit (loss) for the period | 9904 | €44,366 | €3,312 | -€41,054 | -92.5% |
| Profit (loss) for the period to be appropriated | 9905 | €44,366 | €3,312 | -€41,054 | -92.5% |
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 17 October 2026 via checked.be.