BDP Management: 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 Management
Largest movements
- Current investments -€244,688
down €244,688 (-37.7%), from €648,846 to €404,158
- Cash +€165,480
up €165,480 (+121%), from €136,829 to €302,309
mainly Current investments (+€244,688) and Net result for the year (+€154,897)
- Receivables within one year +€136,096
up €136,096 (+189%), from €72,111 to €208,207
of which Trade receivables: +€142,538
- Profit (loss) carried forward +€105,831
up €105,831 (+16.9%), from €627,229 to €733,060
- Trade debts -€29,411
down €29,411 (-45.6%), from €64,543 to €35,132
- Other debts -€25,963
down €25,963 (-29.2%), from €88,984 to €63,021
- Gross operating margin -€138,322
down €138,322 (-34.9%), from €396,289 to €257,967
- Taxes -€22,537
down €22,537 (-35.3%), from €63,906 to €41,369
- Financial charges +€11,357
up €11,357 (+77.6%), from -€14,630 to -€3,273
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 | €1,378,866 | €1,432,192 | +€53,327 | +3.9% |
| Fixed assets | 21/28 | €519,751 | €515,539 | -€4,213 | -0.8% |
| Tangible fixed assets | 22/27 | €516,121 | €511,909 | -€4,213 | -0.8% |
| Land and buildings | 22 | €364,091 | €347,317 | -€16,775 | -4.6% |
| Plant, machinery and equipment | 23 | €21,295 | €15,500 | -€5,795 | -27.2% |
| Furniture and vehicles | 24 | €17,339 | €14,045 | -€3,294 | -19.0% |
| Other tangible fixed assets | 26 | €113,396 | €135,047 | +€21,651 | +19.1% |
| Financial fixed assets | 28 | €3,630 | €3,630 | = | 0.0% |
| Current assets | 29/58 | €859,114 | €916,654 | +€57,539 | +6.7% |
| Amounts receivable within one year | 40/41 | €72,111 | €208,207 | +€136,096 | +189% |
| Trade receivables | 40 | €64,130 | €206,668 | +€142,538 | +222% |
| Other amounts receivable | 41 | €7,981 | €1,539 | -€6,442 | -80.7% |
| Current investments | 50/53 | €648,846 | €404,158 | -€244,688 | -37.7% |
| Cash at bank and in hand | 54/58 | €136,829 | €302,309 | +€165,480 | +121% |
| Deferred charges and accrued income | 490/1 | €1,327 | €1,979 | +€652 | +49.1% |
| Total equity and liabilities | 10/49 | €1,378,866 | €1,432,192 | +€53,327 | +3.9% |
| Equity | 10/15 | €1,191,139 | €1,296,970 | +€105,831 | +8.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €545,310 | €545,310 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €526,560 | €526,560 | = | 0.0% |
| Profit (loss) carried forward | 14 | €627,229 | €733,060 | +€105,831 | +16.9% |
| Amounts payable | 17/49 | €187,726 | €135,222 | -€52,504 | -28.0% |
| Amounts payable within one year | 42/48 | €187,726 | €133,759 | -€53,967 | -28.7% |
| Trade debts | 44 | €64,543 | €35,132 | -€29,411 | -45.6% |
| Suppliers | 440/4 | €64,543 | €35,132 | -€29,411 | -45.6% |
| Taxes, remuneration and social security | 45 | €34,199 | €35,606 | +€1,407 | +4.1% |
| Taxes | 450/3 | €34,199 | €35,606 | +€1,407 | +4.1% |
| Other amounts payable | 47/48 | €88,984 | €63,021 | -€25,963 | -29.2% |
| Accrued charges and deferred income | 492/3 | - | €1,463 | +€1,463 | |
| Non-recurring operating income | 76A | €9,997 | - | -€9,997 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,532 | €63,902 | +€2,370 | +3.9% |
| Other operating charges | 640/8 | €5,532 | €3,985 | -€1,547 | -28.0% |
| Gross operating margin | 9900 | €396,289 | €257,967 | -€138,322 | -34.9% |
| Operating profit (loss) | 9901 | €329,226 | €190,080 | -€139,146 | -42.3% |
| Financial income | 75/76B | €2,796 | €2,914 | +€118 | +4.2% |
| Recurring financial income | 75 | €2,796 | €2,914 | +€118 | +4.2% |
| Financial charges | 65/66B | -€14,630 | -€3,273 | +€11,357 | +77.6% |
| Recurring financial charges | 65 | -€14,630 | -€3,273 | +€11,357 | +77.6% |
| Profit (loss) for the period before taxes | 9903 | €346,651 | €196,266 | -€150,385 | -43.4% |
| Income taxes | 67/77 | €63,906 | €41,369 | -€22,537 | -35.3% |
| Profit (loss) for the period | 9904 | €282,745 | €154,897 | -€127,848 | -45.2% |
| Profit (loss) for the period to be appropriated | 9905 | €282,745 | €154,897 | -€127,848 | -45.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.