BDR-groupe: 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.
BDR-groupe
Largest movements
- Tangible fixed assets -€892,181
down €892,181 (-32.5%), from €2.7m to €1.9m
of which Land and buildings: -€876,637
- Cash +€401,800
up €401,800 (+1,005%), from €39,984 to €441,784
mainly Investment in fixed assets (net) (+€787,945) and Receivables within one year (+€130,061)
- Receivables within one year -€130,061
down €130,061 (-17.2%), from €755,194 to €625,133
of which Other amounts receivable: -€102,218
- Debts after one year -€434,898
down €434,898 (-100%), from €434,898 to €0
- Trade debts -€71,610
down €71,610 (-39.6%), from €180,754 to €109,143
of which Bills of exchange payable: -€62,500
- Reserves -€68,832
down €68,832 (-3.0%), from €2.3m to €2.3m
of which Tax-exempt reserves: -€68,832
- Purchases and services -€95,891
down €95,891 (-35.0%), from €274,253 to €178,362
- Gross operating margin +€88,967
up €88,967, from -€36,487 to €52,480
- Depreciation -€65,700
down €65,700 (-38.7%), from €169,936 to €104,236
- Taxes -€65,316
down €65,316 (-91.6%), from €71,333 to €6,016
- Turnover -€49,589
down €49,589 (-48.4%), from €102,404 to €52,815
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 | €5,428,758 | €4,808,315 | -€620,443 | -11.4% |
| Fixed assets | 21/28 | €4,602,236 | €3,710,055 | -€892,181 | -19.4% |
| Tangible fixed assets | 22/27 | €2,744,180 | €1,851,999 | -€892,181 | -32.5% |
| Land and buildings | 22 | €2,692,036 | €1,815,399 | -€876,637 | -32.6% |
| Plant, machinery and equipment | 23 | €5,016 | €2,745 | -€2,271 | -45.3% |
| Furniture and vehicles | 24 | €43,319 | €33,126 | -€10,193 | -23.5% |
| Other tangible fixed assets | 26 | €3,809 | €728 | -€3,081 | -80.9% |
| Financial fixed assets | 28 | €1,858,056 | €1,858,056 | = | 0.0% |
| Current assets | 29/58 | €826,522 | €1,098,260 | +€271,738 | +32.9% |
| Amounts receivable after more than one year | 29 | €18,545 | €18,545 | = | 0.0% |
| Other amounts receivable | 291 | €18,545 | €18,545 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €755,194 | €625,133 | -€130,061 | -17.2% |
| Trade receivables | 40 | €95,823 | €67,979 | -€27,843 | -29.1% |
| Other amounts receivable | 41 | €659,372 | €557,154 | -€102,218 | -15.5% |
| Cash at bank and in hand | 54/58 | €39,984 | €441,784 | +€401,800 | +1,005% |
| Deferred charges and accrued income | 490/1 | €12,798 | €12,798 | = | 0.0% |
| Total equity and liabilities | 10/49 | €5,428,758 | €4,808,315 | -€620,443 | -11.4% |
| Equity | 10/15 | €3,914,682 | €3,834,214 | -€80,468 | -2.1% |
| Contributions | 10/11 | €580,000 | €580,000 | = | 0.0% |
| Reserves | 13 | €2,321,503 | €2,252,671 | -€68,832 | -3.0% |
| Non-distributable reserves | 130/1 | €929,445 | €929,445 | = | 0.0% |
| Reserves not available under the articles | 1311 | €929,445 | €929,445 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,043,238 | €974,406 | -€68,832 | -6.6% |
| Distributable reserves | 133 | €348,819 | €348,819 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,013,179 | €1,001,543 | -€11,636 | -1.1% |
| Provisions and deferred taxes | 16 | €421,769 | €393,836 | -€27,933 | -6.6% |
| Provisions for liabilities and charges | 160/5 | €12,000 | €12,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €12,000 | €12,000 | = | 0.0% |
| Deferred taxes | 168 | €409,769 | €381,836 | -€27,933 | -6.8% |
| Amounts payable | 17/49 | €1,092,307 | €580,265 | -€512,041 | -46.9% |
| Amounts payable after more than one year | 17 | €434,898 | €0 | -€434,898 | -100% |
| Financial debts | 170/4 | €434,898 | €0 | -€434,898 | -100% |
| Amounts payable within one year | 42/48 | €657,408 | €580,265 | -€77,143 | -11.7% |
| Current portion of amounts payable after more than one year | 42 | €473,254 | €455,667 | -€17,588 | -3.7% |
| Trade debts | 44 | €180,754 | €109,143 | -€71,610 | -39.6% |
| Suppliers | 440/4 | €118,254 | €109,143 | -€9,110 | -7.7% |
| Bills of exchange payable | 441 | €62,500 | €0 | -€62,500 | -100% |
| Taxes, remuneration and social security | 45 | €2,100 | €0 | -€2,100 | -100% |
| Taxes | 450/3 | €0 | €0 | = | |
| Remuneration and social security | 454/9 | €2,100 | €0 | -€2,100 | -100% |
| Other amounts payable | 47/48 | €1,300 | €15,455 | +€14,155 | +1,089% |
| Turnover | 70 | €102,404 | €52,815 | -€49,589 | -48.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €274,253 | €178,362 | -€95,891 | -35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €169,936 | €104,236 | -€65,700 | -38.7% |
| Other operating charges | 640/8 | €29,147 | €31,926 | +€2,779 | +9.5% |
| Non-recurring operating charges | 66A | - | €557 | +€557 | |
| Gross operating margin | 9900 | -€36,487 | €52,480 | +€88,967 | |
| Operating profit (loss) | 9901 | -€235,569 | -€84,238 | +€151,331 | +64.2% |
| Financial income | 75/76B | €12,799 | €304 | -€12,495 | -97.6% |
| Recurring financial income | 75 | €12,799 | €304 | -€12,495 | -97.6% |
| Financial charges | 65/66B | €16,359 | €18,451 | +€2,092 | +12.8% |
| Recurring financial charges | 65 | €16,359 | €18,451 | +€2,092 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | -€239,129 | -€102,385 | +€136,744 | +57.2% |
| Transfer from deferred taxes | 780 | €27,933 | €27,933 | = | 0.0% |
| Income taxes | 67/77 | €71,333 | €6,016 | -€65,316 | -91.6% |
| Profit (loss) for the period | 9904 | -€282,528 | -€80,468 | +€202,060 | +71.5% |
| Transfer from tax-exempt reserves | 789 | €68,832 | €68,832 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€213,696 | -€11,636 | +€202,060 | +94.6% |
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 31 October 2026 via checked.be.