BDV CONCEPT: 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.
BDV CONCEPT
Largest movements
- Receivables within one year +€42,065
up €42,065 (+34.9%), from €120,650 to €162,715
of which Trade receivables: +€43,237
- Cash -€4,869
down €4,869 (-70.0%), from €6,953 to €2,084
mainly Receivables within one year (-€42,065) and Contributions, distributions and other (-€18,000)
- Tangible fixed assets +€3,422
up €3,422 (+38.4%), from €8,910 to €12,331
- Reserves +€30,000
up €30,000 (+66.7%), from €45,000 to €75,000
- Trade debts +€19,827
up €19,827 (+262%), from €7,575 to €27,402
- Accrued charges and deferred income -€8,325
down €8,325 (-32.7%), from €25,473 to €17,147
- Profit (loss) carried forward +€5,734
up €5,734 (+29.3%), from €19,563 to €25,297
- Tax, wage and social debts -€4,450
down €4,450 (-25.3%), from €17,600 to €13,150
of which Remuneration and social security: -€3,050
- Gross operating margin -€8,024
down €8,024 (-9.6%), from €83,759 to €75,736
- Depreciation +€3,740
up €3,740 (+139%), from €2,688 to €6,428
- Taxes -€1,036
down €1,036 (-7.2%), from €14,489 to €13,453
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 | €139,211 | €179,996 | +€40,786 | +29.3% |
| Fixed assets | 21/28 | €11,608 | €15,029 | +€3,422 | +29.5% |
| Tangible fixed assets | 22/27 | €8,910 | €12,331 | +€3,422 | +38.4% |
| Furniture and vehicles | 24 | €8,910 | €12,331 | +€3,422 | +38.4% |
| Financial fixed assets | 28 | €2,698 | €2,698 | = | 0.0% |
| Current assets | 29/58 | €127,603 | €164,967 | +€37,364 | +29.3% |
| Amounts receivable within one year | 40/41 | €120,650 | €162,715 | +€42,065 | +34.9% |
| Trade receivables | 40 | €55,145 | €98,382 | +€43,237 | +78.4% |
| Other amounts receivable | 41 | €65,505 | €64,333 | -€1,172 | -1.8% |
| Cash at bank and in hand | 54/58 | €6,953 | €2,084 | -€4,869 | -70.0% |
| Deferred charges and accrued income | 490/1 | - | €167 | +€167 | |
| Total equity and liabilities | 10/49 | €139,211 | €179,996 | +€40,786 | +29.3% |
| Equity | 10/15 | €68,563 | €104,297 | +€35,734 | +52.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €45,000 | €75,000 | +€30,000 | +66.7% |
| Distributable reserves | 133 | €45,000 | €75,000 | +€30,000 | +66.7% |
| Profit (loss) carried forward | 14 | €19,563 | €25,297 | +€5,734 | +29.3% |
| Amounts payable | 17/49 | €70,647 | €75,699 | +€5,051 | +7.2% |
| Amounts payable within one year | 42/48 | €45,175 | €58,552 | +€13,377 | +29.6% |
| Trade debts | 44 | €7,575 | €27,402 | +€19,827 | +262% |
| Suppliers | 440/4 | €7,575 | €27,402 | +€19,827 | +262% |
| Taxes, remuneration and social security | 45 | €17,600 | €13,150 | -€4,450 | -25.3% |
| Taxes | 450/3 | €14,400 | €13,000 | -€1,400 | -9.7% |
| Remuneration and social security | 454/9 | €3,200 | €150 | -€3,050 | -95.3% |
| Other amounts payable | 47/48 | €20,000 | €18,000 | -€2,000 | -10.0% |
| Accrued charges and deferred income | 492/3 | €25,473 | €17,147 | -€8,325 | -32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,688 | €6,428 | +€3,740 | +139% |
| Other operating charges | 640/8 | €1,793 | €2,015 | +€222 | +12.4% |
| Gross operating margin | 9900 | €83,759 | €75,736 | -€8,024 | -9.6% |
| Operating profit (loss) | 9901 | €79,279 | €67,292 | -€11,986 | -15.1% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €332 | €115 | -€218 | -65.4% |
| Recurring financial charges | 65 | €332 | €115 | -€218 | -65.4% |
| Profit (loss) for the period before taxes | 9903 | €78,946 | €67,187 | -€11,759 | -14.9% |
| Income taxes | 67/77 | €14,489 | €13,453 | -€1,036 | -7.2% |
| Profit (loss) for the period | 9904 | €64,457 | €53,734 | -€10,723 | -16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €64,457 | €53,734 | -€10,723 | -16.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.