BDA CONSTRUCT: 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.
BDA CONSTRUCT
Largest movements
- Receivables within one year +€54,260
up €54,260 (+75.6%), from €71,813 to €126,072
of which Other amounts receivable: +€46,756
- Cash +€26,758
up €26,758 (+50.0%), from €53,467 to €80,225
mainly Net result for the year (+€57,034) and Depreciation (+€20,295)
- Tangible fixed assets +€7,296
up €7,296 (+9.1%), from €80,475 to €87,772
- Profit (loss) carried forward +€57,034
up €57,034 (+56.8%), from €100,384 to €157,418
- Tax, wage and social debts +€17,844
up €17,844 (+79.8%), from €22,374 to €40,218
- Current portion of long-term debt +€6,811
up €6,811 (+53.7%), from €12,684 to €19,496
- Debts after one year +€5,179
up €5,179 (+9.4%), from €55,013 to €60,192
- Depreciation +€14,310
up €14,310 (+239.1%), from €5,985 to €20,295
- Gross operating margin -€10,453
down €10,453 (-9.5%), from €109,961 to €99,508
- Taxes -€4,592
down €4,592 (-20.5%), from €22,437 to €17,844
- Other operating charges -€3,825
down €3,825 (-83.9%), from €4,558 to €734
- Financial charges +€2,573
up €2,573 (+306.2%), from €840 to €3,414
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 | €205,756 | €294,069 | +€88,314 | +42.9% |
| Fixed assets | 21/28 | €80,475 | €87,772 | +€7,296 | +9.1% |
| Tangible fixed assets | 22/27 | €80,475 | €87,772 | +€7,296 | +9.1% |
| Furniture and vehicles | 24 | €80,475 | €87,772 | +€7,296 | +9.1% |
| Current assets | 29/58 | €125,280 | €206,297 | +€81,017 | +64.7% |
| Amounts receivable within one year | 40/41 | €71,813 | €126,072 | +€54,260 | +75.6% |
| Trade receivables | 40 | €19,118 | €26,622 | +€7,504 | +39.2% |
| Other amounts receivable | 41 | €52,694 | €99,450 | +€46,756 | +88.7% |
| Cash at bank and in hand | 54/58 | €53,467 | €80,225 | +€26,758 | +50.0% |
| Total equity and liabilities | 10/49 | €205,756 | €294,069 | +€88,314 | +42.9% |
| Equity | 10/15 | €101,384 | €158,418 | +€57,034 | +56.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,384 | €157,418 | +€57,034 | +56.8% |
| Amounts payable | 17/49 | €104,371 | €135,651 | +€31,280 | +30.0% |
| Amounts payable after more than one year | 17 | €55,013 | €60,192 | +€5,179 | +9.4% |
| Financial debts | 170/4 | €55,013 | €60,192 | +€5,179 | +9.4% |
| Amounts payable within one year | 42/48 | €49,358 | €75,459 | +€26,101 | +52.9% |
| Current portion of amounts payable after more than one year | 42 | €12,684 | €19,496 | +€6,811 | +53.7% |
| Trade debts | 44 | €14,300 | €15,745 | +€1,445 | +10.1% |
| Suppliers | 440/4 | €14,300 | €15,745 | +€1,445 | +10.1% |
| Taxes, remuneration and social security | 45 | €22,374 | €40,218 | +€17,844 | +79.8% |
| Taxes | 450/3 | €22,374 | €40,218 | +€17,844 | +79.8% |
| Remuneration, social security and pensions | 62 | €355 | €204 | -€151 | -42.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,985 | €20,295 | +€14,310 | +239.1% |
| Other operating charges | 640/8 | €4,558 | €734 | -€3,825 | -83.9% |
| Gross operating margin | 9900 | €109,961 | €99,508 | -€10,453 | -9.5% |
| Operating profit (loss) | 9901 | €99,063 | €78,276 | -€20,786 | -21.0% |
| Financial income | 75/76B | €1,621 | €16 | -€1,606 | -99.0% |
| Recurring financial income | 75 | €1,621 | €16 | -€1,606 | -99.0% |
| Financial charges | 65/66B | €840 | €3,414 | +€2,573 | +306.2% |
| Recurring financial charges | 65 | €840 | €3,414 | +€2,573 | +306.2% |
| Profit (loss) for the period before taxes | 9903 | €99,844 | €74,878 | -€24,965 | -25.0% |
| Income taxes | 67/77 | €22,437 | €17,844 | -€4,592 | -20.5% |
| Profit (loss) for the period | 9904 | €77,407 | €57,034 | -€20,373 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €77,407 | €57,034 | -€20,373 | -26.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.