BD-Trade: 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-Trade
Largest movements
- Receivables within one year -€4,956
down €4,956 (-26.8%), from €18,462 to €13,506
- Cash +€3,358
up €3,358 (+452%), from €743 to €4,101
mainly Receivables within one year (+€4,956) and Trade debts (+€1,335)
- Profit (loss) carried forward -€2,933
down €2,933 (-52.7%), from -€5,569 to -€8,502
- Trade debts +€1,335
up €1,335 (+297%), from €449 to €1,784
- Purchases and services -€1,477
no longer reported in 2025 (was €1,477)
- Gross operating margin -€1,011
down €1,011 (-68.5%), from -€1,477 to -€2,488
- Depreciation -€553
no longer reported in 2025 (was €553)
- Other operating charges -€100
down €100 (-19.9%), from €499 to €400
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 | €19,205 | €17,607 | -€1,598 | -8.3% |
| Current assets | 29/58 | €19,205 | €17,607 | -€1,598 | -8.3% |
| Amounts receivable within one year | 40/41 | €18,462 | €13,506 | -€4,956 | -26.8% |
| Other amounts receivable | 41 | €18,462 | €13,506 | -€4,956 | -26.8% |
| Cash at bank and in hand | 54/58 | €743 | €4,101 | +€3,358 | +452% |
| Total equity and liabilities | 10/49 | €19,205 | €17,607 | -€1,598 | -8.3% |
| Equity | 10/15 | €18,725 | €15,792 | -€2,933 | -15.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €21,294 | €21,294 | = | 0.0% |
| Distributable reserves | 133 | €21,294 | €21,294 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,569 | -€8,502 | -€2,933 | -52.7% |
| Amounts payable | 17/49 | €480 | €1,815 | +€1,335 | +278% |
| Amounts payable within one year | 42/48 | €480 | €1,815 | +€1,335 | +278% |
| Trade debts | 44 | €449 | €1,784 | +€1,335 | +297% |
| Suppliers | 440/4 | €449 | €1,784 | +€1,335 | +297% |
| Other amounts payable | 47/48 | €30 | €30 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,477 | - | -€1,477 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €553 | - | -€553 | |
| Other operating charges | 640/8 | €499 | €400 | -€100 | -19.9% |
| Gross operating margin | 9900 | -€1,477 | -€2,488 | -€1,011 | -68.5% |
| Operating profit (loss) | 9901 | -€2,530 | -€2,888 | -€358 | -14.2% |
| Financial charges | 65/66B | €60 | €45 | -€15 | -25.0% |
| Recurring financial charges | 65 | €60 | €45 | -€15 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,590 | -€2,933 | -€343 | -13.3% |
| Profit (loss) for the period | 9904 | -€2,590 | -€2,933 | -€343 | -13.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,590 | -€2,933 | -€343 | -13.3% |
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 13 October 2026 via checked.be.