BDLaw: 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.
BDLaw
Largest movements
- Cash +€74,080
up €74,080 (+189.4%), from €39,106 to €113,186
mainly Net result for the year (+€63,773) and Tax, wage and social debts (+€12,282)
- Receivables within one year +€1,813
up €1,813 (+70.7%), from €2,565 to €4,378
of which Other amounts receivable: +€1,293
- Reserves +€63,773
up €63,773 (+256.4%), from €24,871 to €88,644
- Tax, wage and social debts +€12,282
up €12,282 (+77.3%), from €15,894 to €28,176
- Gross operating margin +€52,517
up €52,517 (+156.0%), from €33,674 to €86,191
- Taxes +€13,413
up €13,413 (+160.2%), from €8,373 to €21,786
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.
Cash bridge derived
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 | €42,424 | €118,050 | +€75,626 | +178.3% |
| Fixed assets | 21/28 | €753 | €486 | -€267 | -35.4% |
| Tangible fixed assets | 22/27 | €753 | €486 | -€267 | -35.4% |
| Furniture and vehicles | 24 | €753 | €486 | -€267 | -35.4% |
| Current assets | 29/58 | €41,671 | €117,564 | +€75,893 | +182.1% |
| Amounts receivable within one year | 40/41 | €2,565 | €4,378 | +€1,813 | +70.7% |
| Trade receivables | 40 | - | €520 | +€520 | |
| Other amounts receivable | 41 | €2,565 | €3,858 | +€1,293 | +50.4% |
| Cash at bank and in hand | 54/58 | €39,106 | €113,186 | +€74,080 | +189.4% |
| Total equity and liabilities | 10/49 | €42,424 | €118,050 | +€75,626 | +178.3% |
| Equity | 10/15 | €25,871 | €89,644 | +€63,773 | +246.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €24,871 | €88,644 | +€63,773 | +256.4% |
| Distributable reserves | 133 | €24,871 | €88,644 | +€63,773 | +256.4% |
| Amounts payable | 17/49 | €16,553 | €28,407 | +€11,853 | +71.6% |
| Amounts payable within one year | 42/48 | €16,553 | €28,407 | +€11,853 | +71.6% |
| Trade debts | 44 | €659 | €230 | -€429 | -65.1% |
| Suppliers | 440/4 | €659 | €230 | -€429 | -65.1% |
| Taxes, remuneration and social security | 45 | €15,894 | €28,176 | +€12,282 | +77.3% |
| Taxes | 450/3 | €15,894 | €28,176 | +€12,282 | +77.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47 | €267 | +€219 | +463.1% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €33,674 | €86,191 | +€52,517 | +156.0% |
| Operating profit (loss) | 9901 | €33,239 | €85,525 | +€52,286 | +157.3% |
| Financial income | 75/76B | €17 | €117 | +€100 | +569.3% |
| Recurring financial income | 75 | €17 | €117 | +€100 | +569.3% |
| Financial charges | 65/66B | €13 | €83 | +€70 | +533.7% |
| Recurring financial charges | 65 | €13 | €83 | +€70 | +533.7% |
| Profit (loss) for the period before taxes | 9903 | €33,244 | €85,559 | +€52,315 | +157.4% |
| Income taxes | 67/77 | €8,373 | €21,786 | +€13,413 | +160.2% |
| Profit (loss) for the period | 9904 | €24,871 | €63,773 | +€38,902 | +156.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,871 | €63,773 | +€38,902 | +156.4% |
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 10 October 2026 via checked.be.