BDL Industries: 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.
BDL Industries
Largest movements
- Current investments +€170,839
up €170,839 (+61.4%), from €278,172 to €449,012
- Receivables within one year +€5,837
up €5,837 (+321%), from €1,820 to €7,656
- Other debts +€195,450
up €195,450 (+101%), from €193,769 to €389,218
- Profit (loss) carried forward -€18,434
down €18,434 (-31.6%), from -€58,368 to -€76,801
- Financial income +€7,555
up €7,555 (+150%), from €5,033 to €12,587
- Gross operating margin +€5,359
up €5,359 (+17.3%), from -€31,002 to -€25,643
- Other operating charges +€1,106
up €1,106 (+155%), from €713 to €1,818
- Financial charges -€994
down €994 (-27.9%), from €3,561 to €2,568
- Depreciation -€369
down €369 (-27.1%), from €1,361 to €992
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 | €285,541 | €464,601 | +€179,061 | +62.7% |
| Fixed assets | 21/28 | €1,469 | €477 | -€992 | -67.5% |
| Tangible fixed assets | 22/27 | €1,469 | €477 | -€992 | -67.5% |
| Furniture and vehicles | 24 | €1,469 | €477 | -€992 | -67.5% |
| Current assets | 29/58 | €284,071 | €464,124 | +€180,053 | +63.4% |
| Amounts receivable within one year | 40/41 | €1,820 | €7,656 | +€5,837 | +321% |
| Other amounts receivable | 41 | €1,820 | €7,656 | +€5,837 | +321% |
| Current investments | 50/53 | €278,172 | €449,012 | +€170,839 | +61.4% |
| Cash at bank and in hand | 54/58 | €4,079 | €7,456 | +€3,377 | +82.8% |
| Total equity and liabilities | 10/49 | €285,541 | €464,601 | +€179,061 | +62.7% |
| Equity | 10/15 | €91,632 | €73,199 | -€18,434 | -20.1% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,368 | -€76,801 | -€18,434 | -31.6% |
| Amounts payable | 17/49 | €193,908 | €391,403 | +€197,495 | +102% |
| Amounts payable within one year | 42/48 | €193,908 | €391,403 | +€197,495 | +102% |
| Trade debts | 44 | €140 | €2,185 | +€2,045 | +1,464% |
| Suppliers | 440/4 | €140 | €2,185 | +€2,045 | +1,464% |
| Other amounts payable | 47/48 | €193,769 | €389,218 | +€195,450 | +101% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,361 | €992 | -€369 | -27.1% |
| Other operating charges | 640/8 | €713 | €1,818 | +€1,106 | +155% |
| Gross operating margin | 9900 | -€31,002 | -€25,643 | +€5,359 | +17.3% |
| Operating profit (loss) | 9901 | -€33,076 | -€28,453 | +€4,622 | +14.0% |
| Financial income | 75/76B | €5,033 | €12,587 | +€7,555 | +150% |
| Recurring financial income | 75 | €5,033 | €12,587 | +€7,555 | +150% |
| Financial charges | 65/66B | €3,561 | €2,568 | -€994 | -27.9% |
| Recurring financial charges | 65 | €3,561 | €2,568 | -€994 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | -€31,604 | -€18,434 | +€13,171 | +41.7% |
| Profit (loss) for the period | 9904 | -€31,604 | -€18,434 | +€13,171 | +41.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,604 | -€18,434 | +€13,171 | +41.7% |
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 17 October 2026 via checked.be.