BD Trust: what changed
Two fiscal 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 Trust
Largest movements
- Intangible fixed assets -€4,616
down €4,616 (-29.5%), from €15,672 to €11,056
- Receivables within one year +€3,488
up €3,488 (+635.5%), from €549 to €4,037
of which Trade receivables: +€3,196
- Cash -€1,258
down €1,258 (-58.6%), from €2,148 to €890
mainly Net result for the year (-€4,767) and Receivables within one year (-€3,488)
- Profit (loss) carried forward -€4,767
down €4,767 (-89.5%), from €5,326 to €559
- Advances received +€2,419
up €2,419 (+241.9%), from €1,000 to €3,419
- Gross operating margin +€27,036
up €27,036, from -€25,689 to €1,347
- Financial charges +€1,316
up €1,316 (+726.1%), from €181 to €1,498
- Depreciation -€324
down €324 (-6.5%), from €4,940 to €4,616
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,369 | €15,983 | -€2,386 | -13.0% |
| Fixed assets | 21/28 | €15,672 | €11,056 | -€4,616 | -29.5% |
| Intangible fixed assets | 21 | €15,672 | €11,056 | -€4,616 | -29.5% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Current assets | 29/58 | €2,697 | €4,927 | +€2,231 | +82.7% |
| Amounts receivable within one year | 40/41 | €549 | €4,037 | +€3,488 | +635.5% |
| Trade receivables | 40 | €333 | €3,529 | +€3,196 | +959.3% |
| Other amounts receivable | 41 | €216 | €508 | +€292 | +135.4% |
| Cash at bank and in hand | 54/58 | €2,148 | €890 | -€1,258 | -58.6% |
| Total equity and liabilities | 10/49 | €18,369 | €15,983 | -€2,386 | -13.0% |
| Equity | 10/15 | €13,326 | €8,559 | -€4,767 | -35.8% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,326 | €559 | -€4,767 | -89.5% |
| Amounts payable | 17/49 | €5,043 | €7,424 | +€2,381 | +47.2% |
| Amounts payable within one year | 42/48 | €4,430 | €6,810 | +€2,381 | +53.8% |
| Trade debts | 44 | €2,582 | €2,537 | -€46 | -1.8% |
| Suppliers | 440/4 | €2,582 | €2,537 | -€46 | -1.8% |
| Advances received on contracts in progress | 46 | €1,000 | €3,419 | +€2,419 | +241.9% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €847 | €855 | +€8 | +0.9% |
| Accrued charges and deferred income | 492/3 | €614 | €614 | +€0 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,940 | €4,616 | -€324 | -6.5% |
| Gross operating margin | 9900 | -€25,689 | €1,347 | +€27,036 | |
| Operating profit (loss) | 9901 | -€30,628 | -€3,269 | +€27,359 | +89.3% |
| Financial charges | 65/66B | €181 | €1,498 | +€1,316 | +726.1% |
| Recurring financial charges | 65 | €181 | €1,498 | +€1,316 | +726.1% |
| Profit (loss) for the period before taxes | 9903 | -€30,810 | -€4,767 | +€26,043 | +84.5% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€30,810 | -€4,767 | +€26,043 | +84.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,810 | -€4,767 | +€26,043 | +84.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.