BDLC: what changed
Two fiscal 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.
BDLC
Largest movements
- Receivables within one year +€23,130
up €23,130 (+69.8%), from €33,156 to €56,286
of which Other amounts receivable: +€13,650
- Accrued charges and deferred income +€9,273
up €9,273 (+4503.8%), from €206 to €9,479
- Reserves +€8,226
up €8,226 (+35.0%), from €23,471 to €31,697
- Tax, wage and social debts +€4,710
up €4,710 (+118.6%), from €3,970 to €8,679
of which Taxes: +€4,890
- Profit (loss) carried forward +€4,209
no longer reported in 2025 (was -€4,209)
- Short-term financial debts -€2,727
down €2,727 (-55.5%), from €4,912 to €2,185
- Gross operating margin +€8,729
up €8,729 (+89.2%), from €9,784 to €18,514
- Taxes -€3,274
down €3,274 (-40.1%), from €8,164 to €4,890
- Other operating charges +€292
up €292 (+411.4%), from €71 to €363
- Financial income +€268
up €268 (+8926.7%), from €3 to €271
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,623 | €57,259 | +€22,637 | +65.4% |
| Fixed assets | 21/28 | €1,467 | €974 | -€493 | -33.6% |
| Tangible fixed assets | 22/27 | €1,467 | €974 | -€493 | -33.6% |
| Plant, machinery and equipment | 23 | €1,467 | €974 | -€493 | -33.6% |
| Current assets | 29/58 | €33,156 | €56,286 | +€23,130 | +69.8% |
| Amounts receivable within one year | 40/41 | €33,156 | €56,286 | +€23,130 | +69.8% |
| Trade receivables | 40 | €10,800 | €20,279 | +€9,479 | +87.8% |
| Other amounts receivable | 41 | €22,356 | €36,006 | +€13,650 | +61.1% |
| Total equity and liabilities | 10/49 | €34,623 | €57,259 | +€22,637 | +65.4% |
| Equity | 10/15 | €21,762 | €34,197 | +€12,435 | +57.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €23,471 | €31,697 | +€8,226 | +35.0% |
| Distributable reserves | 133 | €23,471 | €31,697 | +€8,226 | +35.0% |
| Profit (loss) carried forward | 14 | -€4,209 | - | +€4,209 | |
| Amounts payable | 17/49 | €12,861 | €23,062 | +€10,202 | +79.3% |
| Amounts payable within one year | 42/48 | €12,655 | €13,583 | +€928 | +7.3% |
| Financial debts | 43 | €4,912 | €2,185 | -€2,727 | -55.5% |
| Credit institutions | 430/8 | €4,912 | €2,185 | -€2,727 | -55.5% |
| Trade debts | 44 | €3,773 | €2,719 | -€1,054 | -27.9% |
| Suppliers | 440/4 | €3,773 | €2,719 | -€1,054 | -27.9% |
| Taxes, remuneration and social security | 45 | €3,970 | €8,679 | +€4,710 | +118.6% |
| Taxes | 450/3 | €3,789 | €8,679 | +€4,890 | +129.0% |
| Remuneration and social security | 454/9 | €180 | - | -€180 | |
| Other amounts payable | 47/48 | €0 | - | -€0 | |
| Accrued charges and deferred income | 492/3 | €206 | €9,479 | +€9,273 | +4503.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €493 | €493 | = | 0.0% |
| Other operating charges | 640/8 | €71 | €363 | +€292 | +411.4% |
| Gross operating margin | 9900 | €9,784 | €18,514 | +€8,729 | +89.2% |
| Operating profit (loss) | 9901 | €9,220 | €17,657 | +€8,437 | +91.5% |
| Financial income | 75/76B | €3 | €271 | +€268 | +8926.7% |
| Recurring financial income | 75 | €3 | €271 | +€268 | +8926.7% |
| Financial charges | 65/66B | €723 | €603 | -€119 | -16.5% |
| Recurring financial charges | 65 | €723 | €603 | -€119 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €8,501 | €17,325 | +€8,825 | +103.8% |
| Income taxes | 67/77 | €8,164 | €4,890 | -€3,274 | -40.1% |
| Profit (loss) for the period | 9904 | €337 | €12,435 | +€12,098 | +3592.9% |
| Profit (loss) for the period to be appropriated | 9905 | €337 | €12,435 | +€12,098 | +3592.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.