BDK Holding: 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 Holding
Largest movements
- Cash -€87,467
down €87,467 (-96.2%), from €90,970 to €3,502
mainly Debts after one year (-€82,265) and Other debts (-€39,392)
- Debts after one year -€82,265
down €82,265 (-18.5%), from €445,475 to €363,210
- Other debts -€39,392
down €39,392 (-52.5%), from €75,080 to €35,688
- Gross operating margin -€2,761
down €2,761 (-11.3%), from €24,511 to €21,750
- Taxes -€1,406
down €1,406 (-21.6%), from €6,500 to €5,094
- Financial charges +€647
up €647 (+6.8%), from €9,456 to €10,103
- Depreciation +€494
new in 2025: €494
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.
Derived cash bridge
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 | €2,824,316 | €2,720,398 | -€103,918 | -3.7% |
| Fixed assets | 21/28 | €2,709,844 | €2,712,152 | +€2,308 | +0.1% |
| Tangible fixed assets | 22/27 | - | €2,308 | +€2,308 | |
| Furniture and vehicles | 24 | - | €2,308 | +€2,308 | |
| Financial fixed assets | 28 | €2,709,844 | €2,709,844 | = | 0.0% |
| Current assets | 29/58 | €114,472 | €8,247 | -€106,226 | -92.8% |
| Amounts receivable within one year | 40/41 | €22,500 | €4,538 | -€17,963 | -79.8% |
| Trade receivables | 40 | - | €4,538 | +€4,538 | |
| Other amounts receivable | 41 | €22,500 | €0 | -€22,500 | -100% |
| Cash at bank and in hand | 54/58 | €90,970 | €3,502 | -€87,467 | -96.2% |
| Deferred charges and accrued income | 490/1 | €1,003 | €207 | -€796 | -79.4% |
| Total equity and liabilities | 10/49 | €2,824,316 | €2,720,398 | -€103,918 | -3.7% |
| Equity | 10/15 | €2,290,785 | €2,317,765 | +€26,980 | +1.2% |
| Contributions | 10/11 | €2,067,095 | €2,067,095 | = | 0.0% |
| Reserves | 13 | €223,690 | €250,670 | +€26,980 | +12.1% |
| Distributable reserves | 133 | €223,690 | €250,670 | +€26,980 | +12.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €533,531 | €402,633 | -€130,897 | -24.5% |
| Amounts payable after more than one year | 17 | €445,475 | €363,210 | -€82,265 | -18.5% |
| Other amounts payable | 178/9 | €445,475 | €363,210 | -€82,265 | -18.5% |
| Amounts payable within one year | 42/48 | €88,056 | €39,423 | -€48,633 | -55.2% |
| Trade debts | 44 | €248 | €1,222 | +€974 | +393% |
| Suppliers | 440/4 | €248 | €1,222 | +€974 | +393% |
| Taxes, remuneration and social security | 45 | €12,728 | €2,513 | -€10,215 | -80.3% |
| Taxes | 450/3 | €12,728 | €2,513 | -€10,215 | -80.3% |
| Other amounts payable | 47/48 | €75,080 | €35,688 | -€39,392 | -52.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €494 | +€494 | |
| Other operating charges | 640/8 | €1,537 | €1,579 | +€42 | +2.7% |
| Gross operating margin | 9900 | €24,511 | €21,750 | -€2,761 | -11.3% |
| Operating profit (loss) | 9901 | €22,975 | €19,677 | -€3,298 | -14.4% |
| Financial income | 75/76B | €22,500 | €22,500 | = | 0.0% |
| Recurring financial income | 75 | €22,500 | €22,500 | = | 0.0% |
| Financial charges | 65/66B | €9,456 | €10,103 | +€647 | +6.8% |
| Recurring financial charges | 65 | €9,456 | €10,103 | +€647 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | €36,018 | €32,073 | -€3,945 | -11.0% |
| Income taxes | 67/77 | €6,500 | €5,094 | -€1,406 | -21.6% |
| Profit (loss) for the period | 9904 | €29,518 | €26,980 | -€2,539 | -8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,518 | €26,980 | -€2,539 | -8.6% |
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 16 October 2026 via checked.be.