BDS: 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.
BDS
Largest movements
- Intangible fixed assets -€5,408
down €5,408 (-15.4%), from €35,196 to €29,788
- Cash -€1,072
down €1,072 (-45.2%), from €2,372 to €1,300
mainly Other debts (-€9,500) and Accrued charges and deferred income (-€1,070)
- Other debts -€9,500
down €9,500 (-50.0%), from €19,000 to €9,500
- Reserves +€4,235
up €4,235 (+845%), from €501 to €4,736
- Accrued charges and deferred income -€1,070
down €1,070 (-51.2%), from €2,092 to €1,022
- Trade debts -€428
down €428 (-73.3%), from €584 to €156
- Financial charges -€1,069
down €1,069 (-50.2%), from €2,131 to €1,062
- Gross operating margin +€486
up €486 (+4.3%), from €11,311 to €11,798
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 | €37,568 | €31,088 | -€6,480 | -17.2% |
| Fixed assets | 21/28 | €35,196 | €29,788 | -€5,408 | -15.4% |
| Intangible fixed assets | 21 | €35,196 | €29,788 | -€5,408 | -15.4% |
| Current assets | 29/58 | €2,372 | €1,300 | -€1,072 | -45.2% |
| Cash at bank and in hand | 54/58 | €2,372 | €1,300 | -€1,072 | -45.2% |
| Total equity and liabilities | 10/49 | €37,568 | €31,088 | -€6,480 | -17.2% |
| Equity | 10/15 | €15,501 | €19,736 | +€4,235 | +27.3% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €501 | €4,736 | +€4,235 | +845% |
| Distributable reserves | 133 | €501 | €4,736 | +€4,235 | +845% |
| Amounts payable | 17/49 | €22,067 | €11,351 | -€10,715 | -48.6% |
| Amounts payable within one year | 42/48 | €19,975 | €10,330 | -€9,645 | -48.3% |
| Trade debts | 44 | €584 | €156 | -€428 | -73.3% |
| Suppliers | 440/4 | €584 | €156 | -€428 | -73.3% |
| Taxes, remuneration and social security | 45 | €391 | €674 | +€283 | +72.4% |
| Taxes | 450/3 | €391 | €674 | +€283 | +72.4% |
| Other amounts payable | 47/48 | €19,000 | €9,500 | -€9,500 | -50.0% |
| Accrued charges and deferred income | 492/3 | €2,092 | €1,022 | -€1,070 | -51.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,408 | €5,408 | = | 0.0% |
| Other operating charges | 640/8 | €1,006 | €1,093 | +€86 | +8.6% |
| Gross operating margin | 9900 | €11,311 | €11,798 | +€486 | +4.3% |
| Operating profit (loss) | 9901 | €4,897 | €5,297 | +€400 | +8.2% |
| Financial charges | 65/66B | €2,131 | €1,062 | -€1,069 | -50.2% |
| Recurring financial charges | 65 | €2,131 | €1,062 | -€1,069 | -50.2% |
| Profit (loss) for the period before taxes | 9903 | €2,766 | €4,235 | +€1,469 | +53.1% |
| Profit (loss) for the period | 9904 | €2,766 | €4,235 | +€1,469 | +53.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,766 | €4,235 | +€1,469 | +53.1% |
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 14 October 2026 via checked.be.