BDDL: 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.
BDDL
Largest movements
- Cash +€3.6m
up €3.6m (+27275.5%), from €13,227 to €3.6m
mainly Contributions, distributions and other (+€2.8m) and Depreciation (+€2.2m)
- Current investments -€2.0m
no longer reported in 2026 (was €2.0m)
- Financial fixed assets -€1.6m
down €1.6m (-20.5%), from €7.7m to €6.1m
- Receivables within one year +€1.3m
up €1.3m (+127.5%), from €980,832 to €2.2m
- Reserves +€2.8m
new in 2026: €2.8m
- Profit (loss) carried forward -€2.3m
down €2.3m, from €712,959 to -€1.5m
- Accrued charges and deferred income +€676,606
new in 2026: €676,606
- Depreciation +€2.2m
new in 2026: €2.2m
- Financial charges +€686,447
up €686,447 (+1481965.9%), from €46 to €686,493
- Gross operating margin +€251,906
up €251,906, from -€1,749 to €250,157
- Write-downs -€215,788
new in 2026: -€215,788
- Financial income +€150,227
up €150,227 (+1502273300.0%), from €0 to €150,227
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 | €10,713,238 | €11,975,280 | +€1.3m | +11.8% |
| Fixed assets | 21/28 | €7,700,000 | €6,122,645 | -€1.6m | -20.5% |
| Financial fixed assets | 28 | €7,700,000 | €6,122,645 | -€1.6m | -20.5% |
| Current assets | 29/58 | €3,013,238 | €5,852,635 | +€2.8m | +94.2% |
| Amounts receivable within one year | 40/41 | €980,832 | €2,231,487 | +€1.3m | +127.5% |
| Other amounts receivable | 41 | €980,832 | €2,231,487 | +€1.3m | +127.5% |
| Current investments | 50/53 | €2,019,179 | - | -€2.0m | |
| Cash at bank and in hand | 54/58 | €13,227 | €3,620,898 | +€3.6m | +27275.5% |
| Deferred charges and accrued income | 490/1 | - | €250 | +€250 | |
| Total equity and liabilities | 10/49 | €10,713,238 | €11,975,280 | +€1.3m | +11.8% |
| Equity | 10/15 | €6,212,959 | €6,785,420 | +€572,462 | +9.2% |
| Contributions | 10/11 | €5,500,000 | €5,500,000 | = | 0.0% |
| Capital | 10 | €5,500,000 | €5,500,000 | = | 0.0% |
| Issued capital | 100 | €5,500,000 | €5,500,000 | = | 0.0% |
| Reserves | 13 | - | €2,825,257 | +€2.8m | |
| Distributable reserves | 133 | - | €2,825,257 | +€2.8m | |
| Profit (loss) carried forward | 14 | €712,959 | -€1,539,836 | -€2.3m | |
| Amounts payable | 17/49 | €4,500,279 | €5,189,860 | +€689,581 | +15.3% |
| Amounts payable within one year | 42/48 | €4,500,279 | €4,513,254 | +€12,975 | +0.3% |
| Trade debts | 44 | €279 | - | -€279 | |
| Suppliers | 440/4 | €279 | - | -€279 | |
| Other amounts payable | 47/48 | €4,500,000 | €4,513,254 | +€13,254 | +0.3% |
| Accrued charges and deferred income | 492/3 | - | €676,606 | +€676,606 | |
| Non-recurring operating income | 76A | - | €283,927 | +€283,927 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,162,617 | +€2.2m | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€215,788 | -€215,788 | |
| Gross operating margin | 9900 | -€1,749 | €250,157 | +€251,906 | |
| Operating profit (loss) | 9901 | -€1,749 | -€1,696,673 | -€1.7m | -96896.5% |
| Financial income | 75/76B | €0 | €150,227 | +€150,227 | +1502273300.0% |
| Recurring financial income | 75 | €0 | €150,227 | +€150,227 | +1502273300.0% |
| Financial charges | 65/66B | €46 | €686,493 | +€686,447 | +1481965.9% |
| Recurring financial charges | 65 | €46 | €686,493 | +€686,447 | +1481965.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,796 | -€2,232,939 | -€2.2m | -124261.7% |
| Income taxes | 67/77 | - | €19,856 | +€19,856 | |
| Profit (loss) for the period | 9904 | -€1,796 | -€2,252,795 | -€2.3m | -125367.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,796 | -€2,252,795 | -€2.3m | -125367.6% |
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 5 October 2026 via checked.be.