BDS AG IMMO: 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 AG IMMO
Largest movements
- Receivables within one year +€34,897
up €34,897 (+779.0%), from €4,480 to €39,377
of which Trade receivables: +€22,840
- Tangible fixed assets +€11,219
up €11,219 (+2.3%), from €485,322 to €496,541
- Debts after one year +€25,100
up €25,100 (+5.4%), from €464,791 to €489,891
- Accrued charges and deferred income +€12,858
up €12,858 (+362.6%), from €3,546 to €16,404
- Gross operating margin -€99,609
down €99,609 (-67.0%), from €148,607 to €48,998
- Other operating charges -€3,254
no longer reported in 2024 (was €3,254)
- Depreciation +€2,987
up €2,987 (+17.2%), from €17,362 to €20,349
- Taxes -€1,944
down €1,944 (-81.9%), from €2,374 to €430
- Financial charges +€1,799
up €1,799 (+6.5%), from €27,772 to €29,571
From the 2023 result to the 2024 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
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €564,727 | €603,548 | +€38,821 | +6.9% |
| Formation expenses | 20 | €963 | €691 | -€272 | -28.2% |
| Fixed assets | 21/28 | €553,906 | €562,978 | +€9,072 | +1.6% |
| Intangible fixed assets | 21 | €68,584 | €66,437 | -€2,147 | -3.1% |
| Tangible fixed assets | 22/27 | €485,322 | €496,541 | +€11,219 | +2.3% |
| Land and buildings | 22 | €485,322 | €496,541 | +€11,219 | +2.3% |
| Current assets | 29/58 | €9,858 | €39,879 | +€30,021 | +304.5% |
| Amounts receivable within one year | 40/41 | €4,480 | €39,377 | +€34,897 | +779.0% |
| Trade receivables | 40 | €2,453 | €25,293 | +€22,840 | +931.1% |
| Other amounts receivable | 41 | €2,027 | €14,084 | +€12,057 | +594.8% |
| Cash at bank and in hand | 54/58 | €2,124 | €500 | -€1,624 | -76.5% |
| Deferred charges and accrued income | 490/1 | €3,254 | €2 | -€3,252 | -99.9% |
| Total equity and liabilities | 10/49 | €564,727 | €603,548 | +€38,821 | +6.9% |
| Equity | 10/15 | €69,122 | €67,928 | -€1,194 | -1.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €7,122 | €7,122 | = | 0.0% |
| Non-distributable reserves | 130/1 | €356 | €356 | = | 0.0% |
| Legal reserve | 130 | €356 | €356 | = | 0.0% |
| Distributable reserves | 133 | €6,766 | €6,766 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€1,194 | -€1,194 | |
| Amounts payable | 17/49 | €495,605 | €535,620 | +€40,015 | +8.1% |
| Amounts payable after more than one year | 17 | €464,791 | €489,891 | +€25,100 | +5.4% |
| Financial debts | 170/4 | €464,791 | €489,891 | +€25,100 | +5.4% |
| Amounts payable within one year | 42/48 | €27,268 | €29,325 | +€2,057 | +7.5% |
| Current portion of amounts payable after more than one year | 42 | €18,042 | €18,964 | +€922 | +5.1% |
| Trade debts | 44 | €6,852 | €5,287 | -€1,565 | -22.8% |
| Suppliers | 440/4 | €6,852 | €5,287 | -€1,565 | -22.8% |
| Taxes, remuneration and social security | 45 | €2,374 | €5,074 | +€2,700 | +113.7% |
| Taxes | 450/3 | €2,374 | €5,074 | +€2,700 | +113.7% |
| Accrued charges and deferred income | 492/3 | €3,546 | €16,404 | +€12,858 | +362.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,362 | €20,349 | +€2,987 | +17.2% |
| Other operating charges | 640/8 | €3,254 | - | -€3,254 | |
| Gross operating margin | 9900 | €148,607 | €48,998 | -€99,609 | -67.0% |
| Operating profit (loss) | 9901 | €127,991 | €28,649 | -€99,342 | -77.6% |
| Financial income | 75/76B | €27 | €158 | +€131 | +485.2% |
| Recurring financial income | 75 | €27 | €158 | +€131 | +485.2% |
| Financial charges | 65/66B | €27,772 | €29,571 | +€1,799 | +6.5% |
| Recurring financial charges | 65 | €27,772 | €29,571 | +€1,799 | +6.5% |
| Profit (loss) for the period before taxes | 9903 | €100,246 | -€764 | -€101,010 | |
| Income taxes | 67/77 | €2,374 | €430 | -€1,944 | -81.9% |
| Profit (loss) for the period | 9904 | €97,872 | -€1,194 | -€99,066 | |
| Profit (loss) for the period to be appropriated | 9905 | €97,872 | -€1,194 | -€99,066 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.