BDW Beheer: 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.
BDW Beheer
Largest movements
- Cash +€19,074
up €19,074 (+21.9%), from €86,969 to €106,043
mainly Net result for the year (+€16,674) and Tax, wage and social debts (+€1,333)
- Reserves +€16,674
up €16,674 (+7.9%), from €210,358 to €227,032
of which Tax-exempt reserves: +€16,674
- Depreciation -€11,957
down €11,957 (-100%), from €11,957 to €0
- Gross operating margin -€6,100
down €6,100 (-18.0%), from €33,902 to €27,802
- Taxes +€2,199
up €2,199 (+28.9%), from €7,613 to €9,813
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €233,996 | €252,004 | +€18,007 | +7.7% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €233,996 | €252,004 | +€18,007 | +7.7% |
| Amounts receivable within one year | 40/41 | €89,967 | €88,901 | -€1,066 | -1.2% |
| Trade receivables | 40 | €31,436 | €27,794 | -€3,642 | -11.6% |
| Other amounts receivable | 41 | €58,531 | €61,106 | +€2,575 | +4.4% |
| Current investments | 50/53 | €57,060 | €57,060 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €86,969 | €106,043 | +€19,074 | +21.9% |
| Total equity and liabilities | 10/49 | €233,996 | €252,004 | +€18,007 | +7.7% |
| Equity | 10/15 | €220,363 | €237,037 | +€16,674 | +7.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €210,358 | €227,032 | +€16,674 | +7.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €137,598 | €154,272 | +€16,674 | +12.1% |
| Distributable reserves | 133 | €70,900 | €70,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,805 | €3,805 | = | 0.0% |
| Amounts payable | 17/49 | €13,633 | €14,967 | +€1,333 | +9.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €13,633 | €14,967 | +€1,333 | +9.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €13,633 | €14,967 | +€1,333 | +9.8% |
| Taxes | 450/3 | €13,633 | €14,967 | +€1,333 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,957 | €0 | -€11,957 | -100% |
| Other operating charges | 640/8 | €1,161 | €1,138 | -€23 | -2.0% |
| Gross operating margin | 9900 | €33,902 | €27,802 | -€6,100 | -18.0% |
| Operating profit (loss) | 9901 | €20,783 | €26,663 | +€5,880 | +28.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €186 | €177 | -€9 | -4.9% |
| Recurring financial charges | 65 | €186 | €177 | -€9 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €20,597 | €26,487 | +€5,889 | +28.6% |
| Income taxes | 67/77 | €7,613 | €9,813 | +€2,199 | +28.9% |
| Profit (loss) for the period | 9904 | €12,984 | €16,674 | +€3,690 | +28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,984 | €16,674 | +€3,690 | +28.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.