BDV Holding: what changed
Two fiscal 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.
What changed
BDV Holding
NACE 82.990, Other business support services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€195,695
2024 · €366,309-€170,614
Equity
€2.4m
2024 · €2.2m+€195,695
Cash
€158,044
2024 · €162,104-€4,060
Balance sheet total
€3.1m
2024 · €3.4m-€279,681
Largest movements
Assets
- Current investments -€900,000
down €900,000 (-100.0%), from €900,000 to €0
- Receivables within one year +€632,342
up €632,342 (+1472.1%), from €42,955 to €675,297
of which Other amounts receivable: +€494,473
Equity and liabilities
- Other debts -€562,682
down €562,682 (-65.3%), from €861,521 to €298,840
- Profit (loss) carried forward +€195,695
up €195,695 (+9.1%), from €2.2m to €2.3m
- Trade debts +€148,522
up €148,522 (+11499.2%), from €1,292 to €149,814
Income statement
- Gross operating margin -€228,021
down €228,021 (-44.2%), from €515,647 to €287,626
- Taxes -€57,563
down €57,563 (-46.5%), from €123,808 to €66,245
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.
Result 2024
€366,309
Gross operating margin
-€228,021
Other operating charges
-€2,734
Financial income
+€3,477
Financial charges
-€898
Taxes
+€57,563
Result 2025
€195,695
Cash bridge derived
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.
From operations
-€857,184
Investment
+€900,000
Financing
-€46,877
Cash 2024
€162,104
From operations (derived)
-€857,184
Net result for the year
+€195,695
Depreciation
+€8,974
Receivables within one year
-€632,342
Deferred charges and accrued income
-€1,012
Trade debts
+€148,522
Tax, wage and social debts
-€17,290
Other debts
-€562,682
Accrued charges and deferred income
+€2,951
Investment (derived)
+€900,000
Current investments
+€900,000
Financing
-€46,877
Debts after one year
-€16,530
Current portion of long-term debt
-€30,347
Cash 2025
€158,044
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,422,807 | €3,143,126 | -€279,681 | -8.2% |
| Fixed assets | 21/28 | €2,315,696 | €2,306,722 | -€8,974 | -0.4% |
| Tangible fixed assets | 22/27 | €363,368 | €354,394 | -€8,974 | -2.5% |
| Land and buildings | 22 | €359,111 | €351,242 | -€7,868 | -2.2% |
| Plant, machinery and equipment | 23 | €1,571 | €1,161 | -€410 | -26.1% |
| Furniture and vehicles | 24 | €2,687 | €1,991 | -€696 | -25.9% |
| Financial fixed assets | 28 | €1,952,328 | €1,952,328 | = | 0.0% |
| Current assets | 29/58 | €1,107,111 | €836,404 | -€270,707 | -24.5% |
| Amounts receivable within one year | 40/41 | €42,955 | €675,297 | +€632,342 | +1472.1% |
| Trade receivables | 40 | €42,955 | €180,824 | +€137,869 | +321.0% |
| Other amounts receivable | 41 | €0 | €494,473 | +€494,473 | |
| Current investments | 50/53 | €900,000 | €0 | -€900,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €162,104 | €158,044 | -€4,060 | -2.5% |
| Deferred charges and accrued income | 490/1 | €2,052 | €3,063 | +€1,012 | +49.3% |
| Total equity and liabilities | 10/49 | €3,422,807 | €3,143,126 | -€279,681 | -8.2% |
| Equity | 10/15 | €2,205,592 | €2,401,287 | +€195,695 | +8.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,150,592 | €2,346,287 | +€195,695 | +9.1% |
| Amounts payable | 17/49 | €1,217,215 | €741,840 | -€475,375 | -39.1% |
| Amounts payable after more than one year | 17 | €263,785 | €247,256 | -€16,530 | -6.3% |
| Financial debts | 170/4 | €263,785 | €247,256 | -€16,530 | -6.3% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €930,392 | €468,596 | -€461,796 | -49.6% |
| Current portion of amounts payable after more than one year | 42 | €46,877 | €16,530 | -€30,347 | -64.7% |
| Trade debts | 44 | €1,292 | €149,814 | +€148,522 | +11499.2% |
| Suppliers | 440/4 | €1,292 | €149,814 | +€148,522 | +11499.2% |
| Taxes, remuneration and social security | 45 | €20,703 | €3,413 | -€17,290 | -83.5% |
| Taxes | 450/3 | €18,079 | €3,413 | -€14,667 | -81.1% |
| Remuneration and social security | 454/9 | €2,623 | €0 | -€2,623 | -100.0% |
| Other amounts payable | 47/48 | €861,521 | €298,840 | -€562,682 | -65.3% |
| Accrued charges and deferred income | 492/3 | €23,038 | €25,988 | +€2,951 | +12.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,974 | €8,974 | = | 0.0% |
| Other operating charges | 640/8 | €841 | €3,575 | +€2,734 | +325.1% |
| Gross operating margin | 9900 | €515,647 | €287,626 | -€228,021 | -44.2% |
| Operating profit (loss) | 9901 | €505,832 | €275,077 | -€230,755 | -45.6% |
| Financial income | 75/76B | €20,201 | €23,677 | +€3,477 | +17.2% |
| Recurring financial income | 75 | €20,201 | €23,677 | +€3,477 | +17.2% |
| Financial charges | 65/66B | €35,916 | €36,815 | +€898 | +2.5% |
| Recurring financial charges | 65 | €35,916 | €36,815 | +€898 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €490,116 | €261,940 | -€228,177 | -46.6% |
| Income taxes | 67/77 | €123,808 | €66,245 | -€57,563 | -46.5% |
| Profit (loss) for the period | 9904 | €366,309 | €195,695 | -€170,614 | -46.6% |
| Profit (loss) for the period to be appropriated | 9905 | €366,309 | €195,695 | -€170,614 | -46.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.