BDIMAX: 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.
BDIMAX
Largest movements
- Cash +€432,690
up €432,690 (+1018.6%), from €42,478 to €475,169
mainly Net result for the year (+€265,362) and Current investments (+€189,018)
- Current investments -€189,018
down €189,018 (-79.8%), from €237,000 to €47,982
- Receivables within one year +€62,684
up €62,684 (+60.7%), from €103,258 to €165,943
of which Other amounts receivable: +€36,455
- Profit (loss) carried forward +€265,362
up €265,362 (+61.9%), from €429,006 to €694,368
- Tax, wage and social debts +€44,971
up €44,971 (+111.0%), from €40,511 to €85,482
of which Taxes: +€42,721
- Gross operating margin +€176,756
up €176,756 (+107.2%), from €164,859 to €341,615
- Taxes +€45,270
up €45,270 (+120.7%), from €37,499 to €82,769
- Financial income +€4,920
up €4,920 (+84.4%), from €5,830 to €10,750
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 | €478,772 | €784,549 | +€305,777 | +63.9% |
| Fixed assets | 21/28 | €5,872 | €12,020 | +€6,148 | +104.7% |
| Tangible fixed assets | 22/27 | €5,872 | €12,020 | +€6,148 | +104.7% |
| Plant, machinery and equipment | 23 | €4,595 | €3,648 | -€947 | -20.6% |
| Furniture and vehicles | 24 | €1,277 | €8,372 | +€7,095 | +555.6% |
| Current assets | 29/58 | €472,900 | €772,529 | +€299,629 | +63.4% |
| Amounts receivable after more than one year | 29 | €75,000 | €75,000 | = | 0.0% |
| Other amounts receivable | 291 | €75,000 | €75,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €103,258 | €165,943 | +€62,684 | +60.7% |
| Trade receivables | 40 | €103,258 | €129,487 | +€26,229 | +25.4% |
| Other amounts receivable | 41 | - | €36,455 | +€36,455 | |
| Current investments | 50/53 | €237,000 | €47,982 | -€189,018 | -79.8% |
| Cash at bank and in hand | 54/58 | €42,478 | €475,169 | +€432,690 | +1018.6% |
| Deferred charges and accrued income | 490/1 | €15,163 | €8,435 | -€6,728 | -44.4% |
| Total equity and liabilities | 10/49 | €478,772 | €784,549 | +€305,777 | +63.9% |
| Equity | 10/15 | €431,006 | €696,368 | +€265,362 | +61.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €429,006 | €694,368 | +€265,362 | +61.9% |
| Amounts payable | 17/49 | €47,766 | €88,182 | +€40,415 | +84.6% |
| Amounts payable within one year | 42/48 | €47,766 | €88,182 | +€40,415 | +84.6% |
| Trade debts | 44 | €3,882 | €2,700 | -€1,182 | -30.4% |
| Suppliers | 440/4 | €3,882 | €2,700 | -€1,182 | -30.4% |
| Taxes, remuneration and social security | 45 | €40,511 | €85,482 | +€44,971 | +111.0% |
| Taxes | 450/3 | €40,511 | €83,232 | +€42,721 | +105.5% |
| Remuneration and social security | 454/9 | - | €2,250 | +€2,250 | |
| Other amounts payable | 47/48 | €3,374 | €0 | -€3,374 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,013 | €2,801 | +€1,788 | +176.6% |
| Other operating charges | 640/8 | €1,095 | €878 | -€217 | -19.8% |
| Gross operating margin | 9900 | €164,859 | €341,615 | +€176,756 | +107.2% |
| Operating profit (loss) | 9901 | €162,752 | €337,937 | +€175,185 | +107.6% |
| Financial income | 75/76B | €5,830 | €10,750 | +€4,920 | +84.4% |
| Recurring financial income | 75 | €5,830 | €10,750 | +€4,920 | +84.4% |
| Financial charges | 65/66B | €859 | €556 | -€303 | -35.3% |
| Recurring financial charges | 65 | €859 | €556 | -€303 | -35.3% |
| Profit (loss) for the period before taxes | 9903 | €167,722 | €348,130 | +€180,408 | +107.6% |
| Income taxes | 67/77 | €37,499 | €82,769 | +€45,270 | +120.7% |
| Profit (loss) for the period | 9904 | €130,223 | €265,362 | +€135,139 | +103.8% |
| Profit (loss) for the period to be appropriated | 9905 | €130,223 | €265,362 | +€135,139 | +103.8% |
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 5 October 2026 via checked.be.