BDF Consult: 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.
BDF Consult
Largest movements
- Tangible fixed assets +€158,987
up €158,987 (+10.0%), from €1.6m to €1.7m
of which Land and buildings: +€185,487
- Receivables within one year +€37,685
up €37,685 (+40.1%), from €94,041 to €131,726
of which Trade receivables: +€105,204
- Profit (loss) carried forward +€198,489
up €198,489 (+25.1%), from €790,675 to €989,164
- Reserves +€126,300
up €126,300 (+120.0%), from €105,250 to €231,550
- Other debts -€64,464
down €64,464 (-22.5%), from €286,713 to €222,249
- Tax, wage and social debts -€43,915
down €43,915 (-43.3%), from €101,343 to €57,429
- Debts after one year -€30,438
down €30,438 (-4.5%), from €670,688 to €640,250
- Other operating charges -€61,562
down €61,562 (-91.2%), from €67,510 to €5,949
- Gross operating margin +€60,310
up €60,310 (+12.5%), from €481,575 to €541,884
- Depreciation +€29,218
up €29,218 (+52.9%), from €55,214 to €84,432
- Taxes +€23,891
up €23,891 (+28.1%), from €84,974 to €108,865
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 | €2,031,439 | €2,235,961 | +€204,523 | +10.1% |
| Fixed assets | 21/28 | €1,585,788 | €1,744,775 | +€158,987 | +10.0% |
| Tangible fixed assets | 22/27 | €1,585,588 | €1,744,575 | +€158,987 | +10.0% |
| Land and buildings | 22 | €1,495,179 | €1,680,665 | +€185,487 | +12.4% |
| Plant, machinery and equipment | 23 | - | €5,340 | +€5,340 | |
| Furniture and vehicles | 24 | €90,410 | €58,570 | -€31,840 | -35.2% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €445,650 | €491,187 | +€45,536 | +10.2% |
| Amounts receivable within one year | 40/41 | €94,041 | €131,726 | +€37,685 | +40.1% |
| Trade receivables | 40 | €24,051 | €129,255 | +€105,204 | +437.4% |
| Other amounts receivable | 41 | €69,990 | €2,471 | -€67,519 | -96.5% |
| Current investments | 50/53 | €345,000 | €345,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,020 | €12,840 | +€6,820 | +113.3% |
| Deferred charges and accrued income | 490/1 | €589 | €1,620 | +€1,031 | +175.2% |
| Total equity and liabilities | 10/49 | €2,031,439 | €2,235,961 | +€204,523 | +10.1% |
| Equity | 10/15 | €896,123 | €1,220,912 | +€324,789 | +36.2% |
| Contributions | 10/11 | €198 | €198 | = | 0.0% |
| Outside capital | 11 | €198 | €198 | = | 0.0% |
| Other | 1109/19 | €198 | €198 | = | 0.0% |
| Reserves | 13 | €105,250 | €231,550 | +€126,300 | +120.0% |
| Tax-exempt reserves | 132 | €105,250 | €231,550 | +€126,300 | +120.0% |
| Profit (loss) carried forward | 14 | €790,675 | €989,164 | +€198,489 | +25.1% |
| Amounts payable | 17/49 | €1,135,316 | €1,015,050 | -€120,266 | -10.6% |
| Amounts payable after more than one year | 17 | €670,688 | €640,250 | -€30,438 | -4.5% |
| Financial debts | 170/4 | €670,688 | €640,250 | -€30,438 | -4.5% |
| Amounts payable within one year | 42/48 | €460,509 | €370,681 | -€89,828 | -19.5% |
| Current portion of amounts payable after more than one year | 42 | €29,572 | €30,438 | +€866 | +2.9% |
| Trade debts | 44 | €42,881 | €60,566 | +€17,684 | +41.2% |
| Suppliers | 440/4 | €42,881 | €60,566 | +€17,684 | +41.2% |
| Taxes, remuneration and social security | 45 | €101,343 | €57,429 | -€43,915 | -43.3% |
| Taxes | 450/3 | €101,343 | €57,429 | -€43,915 | -43.3% |
| Other amounts payable | 47/48 | €286,713 | €222,249 | -€64,464 | -22.5% |
| Accrued charges and deferred income | 492/3 | €4,118 | €4,118 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,214 | €84,432 | +€29,218 | +52.9% |
| Other operating charges | 640/8 | €67,510 | €5,949 | -€61,562 | -91.2% |
| Gross operating margin | 9900 | €481,575 | €541,884 | +€60,310 | +12.5% |
| Operating profit (loss) | 9901 | €358,850 | €451,504 | +€92,653 | +25.8% |
| Financial income | 75/76B | €2,720 | €2,252 | -€468 | -17.2% |
| Recurring financial income | 75 | €2,720 | €2,252 | -€468 | -17.2% |
| Financial charges | 65/66B | €20,877 | €20,102 | -€774 | -3.7% |
| Recurring financial charges | 65 | €20,877 | €20,102 | -€774 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €340,694 | €433,653 | +€92,959 | +27.3% |
| Transfer to deferred taxes | 680 | €105,250 | €126,300 | +€21,050 | +20.0% |
| Income taxes | 67/77 | €84,974 | €108,865 | +€23,891 | +28.1% |
| Profit (loss) for the period | 9904 | €150,470 | €198,489 | +€48,018 | +31.9% |
| Profit (loss) for the period to be appropriated | 9905 | €150,470 | €198,489 | +€48,018 | +31.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.