BD Travel: 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 Travel
Largest movements
- Receivables within one year +€57,034
up €57,034 (+27.2%), from €209,334 to €266,368
of which Trade receivables: +€55,256
- Deferred charges and accrued income -€10,277
down €10,277 (-4.1%), from €253,033 to €242,757
- Accrued charges and deferred income +€69,494
up €69,494 (+15.0%), from €463,676 to €533,170
- Trade debts -€31,738
down €31,738 (-38.7%), from €82,072 to €50,334
- Gross operating margin +€7,148
up €7,148 (+474%), from €1,507 to €8,655
- Depreciation -€2,173
down €2,173 (-33.0%), from €6,594 to €4,421
- Taxes +€2,085
up €2,085 (+888%), from €235 to €2,320
- Financial charges +€426
up €426 (+87.3%), from €488 to €914
- Other operating charges +€258
up €258 (+22.6%), from €1,144 to €1,402
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 | €578,081 | €620,538 | +€42,456 | +7.3% |
| Fixed assets | 21/28 | €25,766 | €21,345 | -€4,421 | -17.2% |
| Tangible fixed assets | 22/27 | €25,766 | €21,345 | -€4,421 | -17.2% |
| Land and buildings | 22 | €20,869 | €18,050 | -€2,819 | -13.5% |
| Furniture and vehicles | 24 | €4,897 | €3,295 | -€1,602 | -32.7% |
| Current assets | 29/58 | €552,316 | €599,192 | +€46,877 | +8.5% |
| Amounts receivable within one year | 40/41 | €209,334 | €266,368 | +€57,034 | +27.2% |
| Trade receivables | 40 | €206,606 | €261,862 | +€55,256 | +26.7% |
| Other amounts receivable | 41 | €2,728 | €4,506 | +€1,778 | +65.2% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €89,948 | €90,068 | +€119 | +0.1% |
| Deferred charges and accrued income | 490/1 | €253,033 | €242,757 | -€10,277 | -4.1% |
| Total equity and liabilities | 10/49 | €578,081 | €620,538 | +€42,456 | +7.3% |
| Equity | 10/15 | €31,211 | €30,975 | -€236 | -0.8% |
| Contributions | 10/11 | €52,555 | €52,555 | = | 0.0% |
| Reserves | 13 | €1,661 | €1,661 | = | 0.0% |
| Distributable reserves | 133 | €1,661 | €1,661 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,004 | -€23,240 | -€236 | -1.0% |
| Amounts payable | 17/49 | €546,870 | €589,563 | +€42,692 | +7.8% |
| Amounts payable within one year | 42/48 | €83,194 | €56,393 | -€26,801 | -32.2% |
| Financial debts | 43 | €522 | €5,188 | +€4,667 | +894% |
| Credit institutions | 430/8 | €522 | €5,188 | +€4,667 | +894% |
| Trade debts | 44 | €82,072 | €50,334 | -€31,738 | -38.7% |
| Suppliers | 440/4 | €82,072 | €50,334 | -€31,738 | -38.7% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €600 | €870 | +€270 | +45.0% |
| Accrued charges and deferred income | 492/3 | €463,676 | €533,170 | +€69,494 | +15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,594 | €4,421 | -€2,173 | -33.0% |
| Other operating charges | 640/8 | €1,144 | €1,402 | +€258 | +22.6% |
| Gross operating margin | 9900 | €1,507 | €8,655 | +€7,148 | +474% |
| Operating profit (loss) | 9901 | -€6,231 | €2,832 | +€9,063 | |
| Financial income | 75/76B | €172 | €166 | -€6 | -3.7% |
| Recurring financial income | 75 | €172 | €166 | -€6 | -3.7% |
| Financial charges | 65/66B | €488 | €914 | +€426 | +87.3% |
| Recurring financial charges | 65 | €488 | €914 | +€426 | +87.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,547 | €2,084 | +€8,631 | |
| Income taxes | 67/77 | €235 | €2,320 | +€2,085 | +888% |
| Profit (loss) for the period | 9904 | -€6,782 | -€236 | +€6,546 | +96.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,782 | -€236 | +€6,546 | +96.5% |
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 16 October 2026 via checked.be.