BDX: 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.
BDX
Largest movements
- Financial fixed assets +€1.2m
up €1.2m (+63796.9%), from €1,830 to €1.2m
- Tangible fixed assets -€72,011
down €72,011 (-3.5%), from €2.0m to €2.0m
of which Land and buildings: -€68,085
- Contributions +€1.2m
up €1.2m (+120.0%), from €973,000 to €2.1m
- Financial income +€43,843
up €43,843 (+83.1%), from €52,760 to €96,603
- Gross operating margin +€16,571
up €16,571 (+153.8%), from €10,775 to €27,346
- Depreciation -€6,055
down €6,055 (-7.8%), from €78,066 to €72,011
- Other operating charges +€761
up €761 (+7.8%), from €9,752 to €10,512
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,905,338 | €5,069,650 | +€1.2m | +29.8% |
| Fixed assets | 21/28 | €2,031,451 | €3,126,925 | +€1.1m | +53.9% |
| Tangible fixed assets | 22/27 | €2,029,621 | €1,957,611 | -€72,011 | -3.5% |
| Land and buildings | 22 | €1,977,727 | €1,909,642 | -€68,085 | -3.4% |
| Plant, machinery and equipment | 23 | €3,405 | €2,800 | -€605 | -17.8% |
| Furniture and vehicles | 24 | €48,490 | €45,170 | -€3,320 | -6.8% |
| Financial fixed assets | 28 | €1,830 | €1,169,314 | +€1.2m | +63796.9% |
| Current assets | 29/58 | €1,873,887 | €1,942,725 | +€68,838 | +3.7% |
| Amounts receivable within one year | 40/41 | €1,817,915 | €1,846,358 | +€28,443 | +1.6% |
| Trade receivables | 40 | - | €168 | +€168 | |
| Other amounts receivable | 41 | €1,817,915 | €1,846,189 | +€28,274 | +1.6% |
| Cash at bank and in hand | 54/58 | €37,993 | €73,272 | +€35,279 | +92.9% |
| Deferred charges and accrued income | 490/1 | €17,978 | €23,095 | +€5,117 | +28.5% |
| Total equity and liabilities | 10/49 | €3,905,338 | €5,069,650 | +€1.2m | +29.8% |
| Equity | 10/15 | €1,200,460 | €2,408,911 | +€1.2m | +100.7% |
| Contributions | 10/11 | €973,000 | €2,140,484 | +€1.2m | +120.0% |
| Reserves | 13 | €97,300 | €97,300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €97,300 | €0 | -€97,300 | -100.0% |
| Reserves not available under the articles | 1311 | €97,300 | €0 | -€97,300 | -100.0% |
| Distributable reserves | 133 | - | €97,300 | +€97,300 | |
| Profit (loss) carried forward | 14 | €130,160 | €171,127 | +€40,966 | +31.5% |
| Amounts payable | 17/49 | €2,704,878 | €2,660,739 | -€44,139 | -1.6% |
| Amounts payable after more than one year | 17 | €1,230,000 | €1,230,000 | = | 0.0% |
| Other amounts payable | 178/9 | €1,230,000 | €1,230,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,234,878 | €1,190,145 | -€44,733 | -3.6% |
| Trade debts | 44 | €11,007 | €9,475 | -€1,532 | -13.9% |
| Suppliers | 440/4 | €11,007 | €9,475 | -€1,532 | -13.9% |
| Taxes, remuneration and social security | 45 | - | €1,250 | +€1,250 | |
| Remuneration and social security | 454/9 | - | €1,250 | +€1,250 | |
| Other amounts payable | 47/48 | €1,223,871 | €1,179,420 | -€44,451 | -3.6% |
| Accrued charges and deferred income | 492/3 | €240,000 | €240,594 | +€594 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,066 | €72,011 | -€6,055 | -7.8% |
| Other operating charges | 640/8 | €9,752 | €10,512 | +€761 | +7.8% |
| Gross operating margin | 9900 | €10,775 | €27,346 | +€16,571 | +153.8% |
| Operating profit (loss) | 9901 | -€77,042 | -€55,177 | +€21,866 | +28.4% |
| Financial income | 75/76B | €52,760 | €96,603 | +€43,843 | +83.1% |
| Recurring financial income | 75 | €52,760 | €96,603 | +€43,843 | +83.1% |
| Financial charges | 65/66B | €459 | €458 | -€1 | -0.2% |
| Recurring financial charges | 65 | €459 | €458 | -€1 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | -€24,742 | €40,968 | +€65,709 | |
| Income taxes | 67/77 | €0 | €1 | +€1 | +289.5% |
| Profit (loss) for the period | 9904 | -€24,742 | €40,966 | +€65,708 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,742 | €40,966 | +€65,708 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.