BDB MANAGEMENT: 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.
BDB MANAGEMENT
Largest movements
- Financial fixed assets -€71,201
no longer reported in 2026 (was €71,201)
- Receivables after one year +€71,000
up €71,000 (+3.6%), from €2.0m to €2.1m
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€22,377
up €22,377, from -€1,407 to €20,970
- Taxes +€4,699
up €4,699 (+231489.2%), from €2 to €4,701
- Depreciation +€317
up €317 (+302.0%), from €105 to €422
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,118,524 | €2,140,113 | +€21,589 | +1.0% |
| Fixed assets | 21/28 | €130,486 | €66,371 | -€64,115 | -49.1% |
| Intangible fixed assets | 21 | - | €4,635 | +€4,635 | |
| Tangible fixed assets | 22/27 | €59,285 | €61,736 | +€2,451 | +4.1% |
| Furniture and vehicles | 24 | €59,285 | €61,736 | +€2,451 | +4.1% |
| Financial fixed assets | 28 | €71,201 | - | -€71,201 | |
| Current assets | 29/58 | €1,988,038 | €2,073,741 | +€85,703 | +4.3% |
| Amounts receivable after more than one year | 29 | €1,986,532 | €2,057,532 | +€71,000 | +3.6% |
| Other amounts receivable | 291 | €1,986,532 | €2,057,532 | +€71,000 | +3.6% |
| Amounts receivable within one year | 40/41 | - | €14,040 | +€14,040 | |
| Trade receivables | 40 | - | €10,880 | +€10,880 | |
| Other amounts receivable | 41 | - | €3,160 | +€3,160 | |
| Cash at bank and in hand | 54/58 | €1,282 | €1,936 | +€654 | +51.0% |
| Deferred charges and accrued income | 490/1 | €223 | €233 | +€10 | +4.3% |
| Total equity and liabilities | 10/49 | €2,118,524 | €2,140,113 | +€21,589 | +1.0% |
| Equity | 10/15 | €2,050,313 | €2,065,017 | +€14,704 | +0.7% |
| Contributions | 10/11 | €20,405 | €20,405 | = | 0.0% |
| Reserves | 13 | €992,152 | €1,006,855 | +€14,704 | +1.5% |
| Distributable reserves | 133 | €992,152 | €1,006,855 | +€14,704 | +1.5% |
| Profit (loss) carried forward | 14 | €1,037,757 | €1,037,757 | = | 0.0% |
| Amounts payable | 17/49 | €68,211 | €75,096 | +€6,885 | +10.1% |
| Amounts payable after more than one year | 17 | €68,200 | €71,100 | +€2,900 | +4.3% |
| Financial debts | 170/4 | €68,200 | €71,100 | +€2,900 | +4.3% |
| Amounts payable within one year | 42/48 | - | €3,096 | +€3,096 | |
| Trade debts | 44 | - | €2,235 | +€2,235 | |
| Suppliers | 440/4 | - | €2,235 | +€2,235 | |
| Other amounts payable | 47/48 | - | €861 | +€861 | |
| Accrued charges and deferred income | 492/3 | €11 | €900 | +€889 | +8366.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €105 | €422 | +€317 | +302.0% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€1,407 | €20,970 | +€22,377 | |
| Operating profit (loss) | 9901 | -€2,479 | €19,550 | +€22,029 | |
| Financial income | 75/76B | €4 | €5 | +€0 | +8.9% |
| Recurring financial income | 75 | €4 | €5 | +€0 | +8.9% |
| Financial charges | 65/66B | €191 | €149 | -€42 | -21.9% |
| Recurring financial charges | 65 | €191 | €149 | -€42 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,666 | €19,405 | +€22,071 | |
| Income taxes | 67/77 | €2 | €4,701 | +€4,699 | +231489.2% |
| Profit (loss) for the period | 9904 | -€2,668 | €14,704 | +€17,372 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,668 | €14,704 | +€17,372 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.