BDK Works: 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 Works
Largest movements
- Cash +€34,460
up €34,460 (+116%), from €29,730 to €64,190
mainly Net result for the year (+€70,552) and Depreciation (+€10,903)
- Current investments +€29,708
new in 2025: €29,708
- Tangible fixed assets -€10,903
down €10,903 (-20.7%), from €52,609 to €41,705
of which Furniture and vehicles: -€10,248
- Deferred charges and accrued income +€2,057
new in 2025: €2,057
- Profit (loss) carried forward +€70,552
up €70,552 (+101%), from €69,768 to €140,319
- Trade debts -€18,385
down €18,385 (-99.5%), from €18,474 to €89
- Tax, wage and social debts +€5,689
up €5,689 (+228%), from €2,500 to €8,189
- Other debts -€2,426
down €2,426 (-40.1%), from €6,050 to €3,624
- Gross operating margin +€11,994
up €11,994 (+13.6%), from €88,358 to €100,351
- Depreciation +€10,306
up €10,306 (+1,726%), from €597 to €10,903
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 | €99,291 | €154,721 | +€55,430 | +55.8% |
| Fixed assets | 21/28 | €52,609 | €41,705 | -€10,903 | -20.7% |
| Tangible fixed assets | 22/27 | €52,609 | €41,705 | -€10,903 | -20.7% |
| Plant, machinery and equipment | 23 | €1,873 | €1,218 | -€655 | -35.0% |
| Furniture and vehicles | 24 | €50,736 | €40,488 | -€10,248 | -20.2% |
| Current assets | 29/58 | €46,682 | €113,016 | +€66,333 | +142% |
| Amounts receivable within one year | 40/41 | €16,952 | €17,061 | +€109 | +0.6% |
| Trade receivables | 40 | €13,794 | €17,061 | +€3,267 | +23.7% |
| Other amounts receivable | 41 | €3,158 | - | -€3,158 | |
| Current investments | 50/53 | - | €29,708 | +€29,708 | |
| Cash at bank and in hand | 54/58 | €29,730 | €64,190 | +€34,460 | +116% |
| Deferred charges and accrued income | 490/1 | - | €2,057 | +€2,057 | |
| Total equity and liabilities | 10/49 | €99,291 | €154,721 | +€55,430 | +55.8% |
| Equity | 10/15 | €72,268 | €142,819 | +€70,552 | +97.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,768 | €140,319 | +€70,552 | +101% |
| Amounts payable | 17/49 | €27,024 | €11,902 | -€15,122 | -56.0% |
| Amounts payable within one year | 42/48 | €27,024 | €11,902 | -€15,122 | -56.0% |
| Trade debts | 44 | €18,474 | €89 | -€18,385 | -99.5% |
| Suppliers | 440/4 | €18,474 | €89 | -€18,385 | -99.5% |
| Taxes, remuneration and social security | 45 | €2,500 | €8,189 | +€5,689 | +228% |
| Taxes | 450/3 | €2,500 | €8,189 | +€5,689 | +228% |
| Other amounts payable | 47/48 | €6,050 | €3,624 | -€2,426 | -40.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €597 | €10,903 | +€10,306 | +1,726% |
| Other operating charges | 640/8 | €493 | €793 | +€300 | +60.9% |
| Gross operating margin | 9900 | €88,358 | €100,351 | +€11,994 | +13.6% |
| Operating profit (loss) | 9901 | €87,268 | €88,655 | +€1,387 | +1.6% |
| Financial income | 75/76B | €0 | €204 | +€204 | +2,044,000% |
| Recurring financial income | 75 | €0 | €204 | +€204 | +2,044,000% |
| Financial charges | 65/66B | - | €324 | +€324 | |
| Recurring financial charges | 65 | - | €324 | +€324 | |
| Profit (loss) for the period before taxes | 9903 | €87,268 | €88,535 | +€1,267 | +1.5% |
| Income taxes | 67/77 | €17,500 | €17,983 | +€483 | +2.8% |
| Profit (loss) for the period | 9904 | €69,768 | €70,552 | +€784 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €69,768 | €70,552 | +€784 | +1.1% |
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 30 October 2026 via checked.be.