BDFL-MED: 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.
BDFL-MED
Largest movements
- Cash +€84,954
up €84,954 (+169.1%), from €50,248 to €135,203
mainly Net result for the year (+€91,040) and Tax, wage and social debts (+€325)
- Deferred charges and accrued income +€6,459
up €6,459 (+247.8%), from €2,607 to €9,067
- Profit (loss) carried forward +€91,040
up €91,040 (+160.9%), from €56,574 to €147,614
- Gross operating margin +€45,236
up €45,236 (+63.7%), from €70,975 to €116,211
- Taxes +€9,817
up €9,817 (+68.3%), from €14,365 to €24,182
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 | €69,145 | €160,559 | +€91,414 | +132.2% |
| Current assets | 29/58 | €69,145 | €160,559 | +€91,414 | +132.2% |
| Amounts receivable within one year | 40/41 | €16,290 | €16,290 | = | 0.0% |
| Other amounts receivable | 41 | €16,290 | €16,290 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €50,248 | €135,203 | +€84,954 | +169.1% |
| Deferred charges and accrued income | 490/1 | €2,607 | €9,067 | +€6,459 | +247.8% |
| Total equity and liabilities | 10/49 | €69,145 | €160,559 | +€91,414 | +132.2% |
| Equity | 10/15 | €59,574 | €150,614 | +€91,040 | +152.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,574 | €147,614 | +€91,040 | +160.9% |
| Amounts payable | 17/49 | €9,571 | €9,944 | +€373 | +3.9% |
| Amounts payable within one year | 42/48 | €9,571 | €9,944 | +€373 | +3.9% |
| Trade debts | 44 | €996 | €1,045 | +€49 | +4.9% |
| Suppliers | 440/4 | €996 | €1,045 | +€49 | +4.9% |
| Taxes, remuneration and social security | 45 | €8,343 | €8,668 | +€325 | +3.9% |
| Taxes | 450/3 | €4,536 | €5,722 | +€1,186 | +26.2% |
| Remuneration and social security | 454/9 | €3,807 | €2,946 | -€861 | -22.6% |
| Other amounts payable | 47/48 | €232 | €232 | = | 0.0% |
| Other operating charges | 640/8 | - | €348 | +€348 | |
| Gross operating margin | 9900 | €70,975 | €116,211 | +€45,236 | +63.7% |
| Operating profit (loss) | 9901 | €70,975 | €115,863 | +€44,888 | +63.2% |
| Financial charges | 65/66B | €37 | €642 | +€605 | +1657.6% |
| Recurring financial charges | 65 | €37 | €642 | +€605 | +1657.6% |
| Profit (loss) for the period before taxes | 9903 | €70,939 | €115,222 | +€44,283 | +62.4% |
| Income taxes | 67/77 | €14,365 | €24,182 | +€9,817 | +68.3% |
| Profit (loss) for the period | 9904 | €56,574 | €91,040 | +€34,466 | +60.9% |
| Profit (loss) for the period to be appropriated | 9905 | €56,574 | €91,040 | +€34,466 | +60.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.