BDL-Projects: 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-Projects
Largest movements
- Receivables within one year -€13,863
down €13,863 (-77.0%), from €18,013 to €4,150
of which Trade receivables: -€18,013
- Intangible fixed assets +€8,405
new in 2026: €8,405
- Profit (loss) carried forward -€19,814
down €19,814 (-31.2%), from €63,597 to €43,783
- Trade debts +€16,806
up €16,806 (+7,353%), from €229 to €17,034
- Tax, wage and social debts -€2,793
down €2,793 (-100%), from €2,793 to €0
- Gross operating margin -€26,523
down €26,523, from €7,764 to -€18,759
- Other operating charges +€349
up €349 (+69.1%), from €505 to €855
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,897 | €63,586 | -€5,312 | -7.7% |
| Fixed assets | 21/28 | - | €8,405 | +€8,405 | |
| Intangible fixed assets | 21 | - | €8,405 | +€8,405 | |
| Current assets | 29/58 | €68,897 | €55,181 | -€13,717 | -19.9% |
| Amounts receivable within one year | 40/41 | €18,013 | €4,150 | -€13,863 | -77.0% |
| Trade receivables | 40 | €18,013 | €0 | -€18,013 | -100% |
| Other amounts receivable | 41 | €0 | €4,150 | +€4,150 | |
| Cash at bank and in hand | 54/58 | €50,884 | €51,031 | +€146 | +0.3% |
| Total equity and liabilities | 10/49 | €68,897 | €63,586 | -€5,312 | -7.7% |
| Equity | 10/15 | €63,597 | €43,783 | -€19,814 | -31.2% |
| Profit (loss) carried forward | 14 | €63,597 | €43,783 | -€19,814 | -31.2% |
| Amounts payable | 17/49 | €5,300 | €19,803 | +€14,502 | +274% |
| Amounts payable within one year | 42/48 | €5,300 | €19,803 | +€14,502 | +274% |
| Trade debts | 44 | €229 | €17,034 | +€16,806 | +7,353% |
| Suppliers | 440/4 | €229 | €17,034 | +€16,806 | +7,353% |
| Taxes, remuneration and social security | 45 | €2,793 | €0 | -€2,793 | -100% |
| Taxes | 450/3 | €2,793 | €0 | -€2,793 | -100% |
| Other amounts payable | 47/48 | €2,278 | €2,768 | +€490 | +21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €160 | +€160 | |
| Other operating charges | 640/8 | €505 | €855 | +€349 | +69.1% |
| Gross operating margin | 9900 | €7,764 | -€18,759 | -€26,523 | |
| Operating profit (loss) | 9901 | €7,259 | -€19,774 | -€27,032 | |
| Financial charges | 65/66B | €44 | €40 | -€3 | -7.1% |
| Recurring financial charges | 65 | €44 | €40 | -€3 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €7,215 | -€19,814 | -€27,029 | |
| Profit (loss) for the period | 9904 | €7,215 | -€19,814 | -€27,029 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,215 | -€19,814 | -€27,029 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.