BDS Management: what changed
BDS Management
Largest movements
- Receivables within one year -€11,310
no longer reported in 2025 (was €11,310)
of which Other amounts receivable: -€9,065
- Cash -€133
down €133 (-25.6%), from €519 to €386
mainly Net result for the year (-€14,860) and Tax, wage and social debts (-€4,643)
- Profit (loss) carried forward -€14,860
new in 2025: -€14,860
- Other debts +€6,451
new in 2025: €6,451
- Tax, wage and social debts -€4,643
down €4,643 (-73.6%), from €6,305 to €1,662
- Trade debts +€1,540
up €1,540 (+112%), from €1,370 to €2,909
- Gross operating margin -€18,071
down €18,071, from €4,134 to -€13,937
- Taxes -€835
down €835 (-98.8%), from €845 to €10
- Other operating charges +€716
up €716 (+679%), from €106 to €822
- Financial income -€275
no longer reported in 2025 (was €275)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,104 | €593 | -€11,511 | -95.1% |
| Current assets | 29/58 | €12,104 | €593 | -€11,511 | -95.1% |
| Amounts receivable within one year | 40/41 | €11,310 | - | -€11,310 | |
| Trade receivables | 40 | €2,245 | - | -€2,245 | |
| Other amounts receivable | 41 | €9,065 | - | -€9,065 | |
| Cash at bank and in hand | 54/58 | €519 | €386 | -€133 | -25.6% |
| Deferred charges and accrued income | 490/1 | €275 | €206 | -€69 | -25.0% |
| Total equity and liabilities | 10/49 | €12,104 | €593 | -€11,511 | -95.1% |
| Equity | 10/15 | €4,429 | -€10,431 | -€14,860 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €3,429 | €3,429 | = | 0.0% |
| Distributable reserves | 133 | €3,429 | €3,429 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€14,860 | -€14,860 | |
| Amounts payable | 17/49 | €7,675 | €11,023 | +€3,349 | +43.6% |
| Amounts payable within one year | 42/48 | €7,675 | €11,023 | +€3,349 | +43.6% |
| Trade debts | 44 | €1,370 | €2,909 | +€1,540 | +112% |
| Suppliers | 440/4 | €1,370 | €2,909 | +€1,540 | +112% |
| Taxes, remuneration and social security | 45 | €6,305 | €1,662 | -€4,643 | -73.6% |
| Taxes | 450/3 | €6,305 | €1,662 | -€4,643 | -73.6% |
| Other amounts payable | 47/48 | - | €6,451 | +€6,451 | |
| Other operating charges | 640/8 | €106 | €822 | +€716 | +679% |
| Gross operating margin | 9900 | €4,134 | -€13,937 | -€18,071 | |
| Operating profit (loss) | 9901 | €4,029 | -€14,759 | -€18,788 | |
| Financial income | 75/76B | €275 | - | -€275 | |
| Recurring financial income | 75 | €275 | - | -€275 | |
| Financial charges | 65/66B | €29 | €91 | +€62 | +211% |
| Recurring financial charges | 65 | €29 | €91 | +€62 | +211% |
| Profit (loss) for the period before taxes | 9903 | €4,274 | -€14,850 | -€19,124 | |
| Income taxes | 67/77 | €845 | €10 | -€835 | -98.8% |
| Profit (loss) for the period | 9904 | €3,429 | -€14,860 | -€18,289 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,429 | -€14,860 | -€18,289 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.