BDK: what changed
Two financial 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.
BDK
Largest movements
- Current investments -€6,680
no longer reported in 2025 (was €6,680)
- Tangible fixed assets +€3,555
up €3,555 (+164.5%), from €2,161 to €5,716
of which Furniture and vehicles: +€4,091
- Receivables within one year -€1,643
down €1,643 (-12.7%), from €12,936 to €11,293
of which Other amounts receivable: -€3,463
- Intangible fixed assets -€881
down €881 (-56.2%), from €1,568 to €687
- Cash +€779
new in 2025: €779
mainly Other debts (+€7,355) and Current investments (+€6,680)
- Profit (loss) carried forward -€13,393
down €13,393 (-2949.2%), from -€454 to -€13,847
- Other debts +€7,355
up €7,355 (+19040.4%), from €39 to €7,394
- Trade debts +€1,600
up €1,600 (+196.5%), from €814 to €2,414
- Tax, wage and social debts -€636
down €636 (-13.4%), from €4,728 to €4,093
of which Remuneration and social security: -€2,281
- Gross operating margin -€5,488
down €5,488 (-181.5%), from -€3,024 to -€8,512
- Staff costs -€1,048
no longer reported in 2025 (was €1,048)
- Financial charges +€746
up €746 (+1336.2%), from €56 to €802
- Depreciation -€137
down €137 (-3.7%), from €3,757 to €3,619
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 | €23,549 | €18,475 | -€5,074 | -21.5% |
| Fixed assets | 21/28 | €3,729 | €6,402 | +€2,674 | +71.7% |
| Intangible fixed assets | 21 | €1,568 | €687 | -€881 | -56.2% |
| Tangible fixed assets | 22/27 | €2,161 | €5,716 | +€3,555 | +164.5% |
| Plant, machinery and equipment | 23 | €1,239 | €702 | -€537 | -43.3% |
| Furniture and vehicles | 24 | €922 | €5,013 | +€4,091 | +443.9% |
| Current assets | 29/58 | €19,820 | €12,072 | -€7,748 | -39.1% |
| Stocks and contracts in progress | 3 | €204 | - | -€204 | |
| Stocks | 30/36 | €204 | - | -€204 | |
| Amounts receivable within one year | 40/41 | €12,936 | €11,293 | -€1,643 | -12.7% |
| Trade receivables | 40 | €9,474 | €11,293 | +€1,820 | +19.2% |
| Other amounts receivable | 41 | €3,463 | - | -€3,463 | |
| Current investments | 50/53 | €6,680 | - | -€6,680 | |
| Cash at bank and in hand | 54/58 | - | €779 | +€779 | |
| Total equity and liabilities | 10/49 | €23,549 | €18,475 | -€5,074 | -21.5% |
| Equity | 10/15 | €17,968 | €4,575 | -€13,393 | -74.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €17,422 | €17,422 | = | 0.0% |
| Non-distributable reserves | 130/1 | €120 | €120 | = | 0.0% |
| Reserves not available under the articles | 1311 | €120 | €120 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,000 | €11,000 | = | 0.0% |
| Distributable reserves | 133 | €6,302 | €6,302 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€454 | -€13,847 | -€13,393 | -2949.2% |
| Amounts payable | 17/49 | €5,581 | €13,900 | +€8,319 | +149.1% |
| Amounts payable within one year | 42/48 | €5,581 | €13,900 | +€8,319 | +149.1% |
| Trade debts | 44 | €814 | €2,414 | +€1,600 | +196.5% |
| Suppliers | 440/4 | €814 | €2,414 | +€1,600 | +196.5% |
| Taxes, remuneration and social security | 45 | €4,728 | €4,093 | -€636 | -13.4% |
| Taxes | 450/3 | €1,447 | €3,093 | +€1,645 | +113.7% |
| Remuneration and social security | 454/9 | €3,281 | €1,000 | -€2,281 | -69.5% |
| Other amounts payable | 47/48 | €39 | €7,394 | +€7,355 | +19040.4% |
| Non-recurring operating income | 76A | - | €927 | +€927 | |
| Remuneration, social security and pensions | 62 | €1,048 | - | -€1,048 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,757 | €3,619 | -€137 | -3.7% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | -€3,024 | -€8,512 | -€5,488 | -181.5% |
| Operating profit (loss) | 9901 | -€8,278 | -€12,592 | -€4,314 | -52.1% |
| Financial income | 75/76B | €2 | €1 | -€1 | -30.1% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -30.1% |
| Financial charges | 65/66B | €56 | €802 | +€746 | +1336.2% |
| Recurring financial charges | 65 | €56 | €802 | +€746 | +1336.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,332 | -€13,393 | -€5,061 | -60.7% |
| Profit (loss) for the period | 9904 | -€8,332 | -€13,393 | -€5,061 | -60.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,332 | -€13,393 | -€5,061 | -60.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.