BDP Build: 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.
BDP Build
Largest movements
- Receivables within one year -€93,727
down €93,727 (-49.0%), from €191,170 to €97,443
of which Trade receivables: -€173,019
- Cash +€84,598
up €84,598 (+55.8%), from €151,512 to €236,110
mainly Other debts (+€94,344) and Receivables within one year (+€93,727)
- Tangible fixed assets +€48,720
new in 2025: €48,720
- Accrued charges and deferred income -€130,000
no longer reported in 2025 (was €130,000)
- Other debts +€94,344
up €94,344 (+405%), from €23,279 to €117,623
- Profit (loss) carried forward +€62,458
up €62,458 (+33.0%), from €189,403 to €251,861
- Tax, wage and social debts +€12,789
new in 2025: €12,789
- Gross operating margin +€69,717
up €69,717 (+1,043%), from €6,686 to €76,404
- Depreciation +€12,180
new in 2025: €12,180
- Taxes -€1,907
no longer reported in 2025 (was €1,907)
- Other operating charges +€1,133
up €1,133 (+193%), from €587 to €1,720
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 | €342,682 | €382,273 | +€39,591 | +11.6% |
| Fixed assets | 21/28 | - | €48,720 | +€48,720 | |
| Tangible fixed assets | 22/27 | - | €48,720 | +€48,720 | |
| Furniture and vehicles | 24 | - | €48,720 | +€48,720 | |
| Current assets | 29/58 | €342,682 | €333,553 | -€9,129 | -2.7% |
| Amounts receivable within one year | 40/41 | €191,170 | €97,443 | -€93,727 | -49.0% |
| Trade receivables | 40 | €173,019 | - | -€173,019 | |
| Other amounts receivable | 41 | €18,151 | €97,443 | +€79,292 | +437% |
| Cash at bank and in hand | 54/58 | €151,512 | €236,110 | +€84,598 | +55.8% |
| Total equity and liabilities | 10/49 | €342,682 | €382,273 | +€39,591 | +11.6% |
| Equity | 10/15 | €189,403 | €251,861 | +€62,458 | +33.0% |
| Profit (loss) carried forward | 14 | €189,403 | €251,861 | +€62,458 | +33.0% |
| Amounts payable | 17/49 | €153,279 | €130,412 | -€22,867 | -14.9% |
| Amounts payable within one year | 42/48 | €23,279 | €130,412 | +€107,133 | +460% |
| Taxes, remuneration and social security | 45 | - | €12,789 | +€12,789 | |
| Taxes | 450/3 | - | €12,789 | +€12,789 | |
| Other amounts payable | 47/48 | €23,279 | €117,623 | +€94,344 | +405% |
| Accrued charges and deferred income | 492/3 | €130,000 | - | -€130,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €12,180 | +€12,180 | |
| Other operating charges | 640/8 | €587 | €1,720 | +€1,133 | +193% |
| Gross operating margin | 9900 | €6,686 | €76,404 | +€69,717 | +1,043% |
| Operating profit (loss) | 9901 | €6,099 | €62,504 | +€56,405 | +925% |
| Financial charges | 65/66B | €114 | €46 | -€67 | -59.3% |
| Recurring financial charges | 65 | €114 | €46 | -€67 | -59.3% |
| Profit (loss) for the period before taxes | 9903 | €5,985 | €62,458 | +€56,472 | +944% |
| Income taxes | 67/77 | €1,907 | - | -€1,907 | |
| Profit (loss) for the period | 9904 | €4,079 | €62,458 | +€58,379 | +1,431% |
| Profit (loss) for the period to be appropriated | 9905 | €4,079 | €62,458 | +€58,379 | +1,431% |
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 15 October 2026 via checked.be.