BDL Malmedy: what changed
BDL Malmedy
Largest movements
- Stocks and contracts -€378,276
down €378,276 (-100%), from €378,276 to €0
- Receivables within one year +€266,101
up €266,101 (+643%), from €41,384 to €307,485
of which Trade receivables: +€276,838
- Tangible fixed assets -€43,606
down €43,606 (-12.7%), from €343,261 to €299,655
of which Land and buildings: -€25,190
- Cash -€40,698
down €40,698 (-61.6%), from €66,022 to €25,325
mainly Receivables within one year (-€266,101) and Trade debts (-€121,697)
- Trade debts -€121,697
down €121,697 (-89.4%), from €136,168 to €14,471
- Debts after one year -€41,078
down €41,078 (-16.9%), from €243,166 to €202,088
of which Financial debts: -€30,197
- Tax, wage and social debts -€40,601
down €40,601 (-83.7%), from €48,520 to €7,919
of which Taxes: -€33,055
- Other debts +€17,102
up €17,102 (+217%), from €7,898 to €25,000
- Reserves -€13,084
down €13,084 (-4.0%), from €328,512 to €315,428
- Turnover -€971,208
no longer reported in 2025 (was €971,208)
- Purchases and services -€815,801
no longer reported in 2025 (was €815,801)
- Staff costs -€25,170
down €25,170 (-22.5%), from €111,706 to €86,537
- Taxes +€17,210
up €17,210 (+4,293%), from €401 to €17,611
- Gross operating margin +€17,142
up €17,142 (+9.8%), from €175,720 to €192,862
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €833,043 | €633,463 | -€199,580 | -24.0% |
| Fixed assets | 21/28 | €344,392 | €299,655 | -€44,737 | -13.0% |
| Intangible fixed assets | 21 | €1,131 | €0 | -€1,131 | -100% |
| Tangible fixed assets | 22/27 | €343,261 | €299,655 | -€43,606 | -12.7% |
| Land and buildings | 22 | €286,844 | €261,654 | -€25,190 | -8.8% |
| Plant, machinery and equipment | 23 | €45,393 | €38,001 | -€7,392 | -16.3% |
| Furniture and vehicles | 24 | €11,024 | €0 | -€11,024 | -100% |
| Current assets | 29/58 | €488,651 | €333,808 | -€154,843 | -31.7% |
| Stocks and contracts in progress | 3 | €378,276 | €0 | -€378,276 | -100% |
| Stocks | 30/36 | €378,276 | €0 | -€378,276 | -100% |
| Amounts receivable within one year | 40/41 | €41,384 | €307,485 | +€266,101 | +643% |
| Trade receivables | 40 | €26,776 | €303,615 | +€276,838 | +1,034% |
| Other amounts receivable | 41 | €14,608 | €3,870 | -€10,738 | -73.5% |
| Current investments | 50/53 | €405 | €0 | -€405 | -100% |
| Cash at bank and in hand | 54/58 | €66,022 | €25,325 | -€40,698 | -61.6% |
| Deferred charges and accrued income | 490/1 | €2,563 | €998 | -€1,565 | -61.1% |
| Total equity and liabilities | 10/49 | €833,043 | €633,463 | -€199,580 | -24.0% |
| Equity | 10/15 | €365,712 | €352,628 | -€13,084 | -3.6% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €328,512 | €315,428 | -€13,084 | -4.0% |
| Distributable reserves | 133 | €328,512 | €315,428 | -€13,084 | -4.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €467,331 | €280,835 | -€186,497 | -39.9% |
| Amounts payable after more than one year | 17 | €243,166 | €202,088 | -€41,078 | -16.9% |
| Financial debts | 170/4 | €232,285 | €202,088 | -€30,197 | -13.0% |
| Other amounts payable | 178/9 | €10,881 | €0 | -€10,881 | -100% |
| Amounts payable within one year | 42/48 | €223,568 | €77,587 | -€145,982 | -65.3% |
| Current portion of amounts payable after more than one year | 42 | €30,983 | €30,197 | -€786 | -2.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €136,168 | €14,471 | -€121,697 | -89.4% |
| Suppliers | 440/4 | €136,168 | €14,471 | -€121,697 | -89.4% |
| Taxes, remuneration and social security | 45 | €48,520 | €7,919 | -€40,601 | -83.7% |
| Taxes | 450/3 | €35,817 | €2,762 | -€33,055 | -92.3% |
| Remuneration and social security | 454/9 | €12,703 | €5,157 | -€7,546 | -59.4% |
| Other amounts payable | 47/48 | €7,898 | €25,000 | +€17,102 | +217% |
| Accrued charges and deferred income | 492/3 | €597 | €1,160 | +€563 | +94.3% |
| Turnover | 70 | €971,208 | - | -€971,208 | |
| Goods, raw materials, services and sundry goods | 60/61 | €815,801 | - | -€815,801 | |
| Remuneration, social security and pensions | 62 | €111,706 | €86,537 | -€25,170 | -22.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,981 | €36,743 | -€16,238 | -30.6% |
| Other operating charges | 640/8 | €7,396 | €6,494 | -€902 | -12.2% |
| Gross operating margin | 9900 | €175,720 | €192,862 | +€17,142 | +9.8% |
| Operating profit (loss) | 9901 | €3,637 | €63,089 | +€59,452 | +1,634% |
| Financial income | 75/76B | €690 | €3,011 | +€2,320 | +336% |
| Recurring financial income | 75 | €690 | €3,011 | +€2,320 | +336% |
| Financial charges | 65/66B | €12,563 | €8,911 | -€3,652 | -29.1% |
| Recurring financial charges | 65 | €12,563 | €8,911 | -€3,652 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | -€8,236 | €57,189 | +€65,424 | |
| Income taxes | 67/77 | €401 | €17,611 | +€17,210 | +4,293% |
| Profit (loss) for the period | 9904 | -€8,637 | €39,577 | +€48,214 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,637 | €39,577 | +€48,214 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.