BFD Europe: 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.
BFD Europe
Largest movements
- Cash -€2,147
down €2,147 (-40.0%), from €5,367 to €3,220
mainly Other debts (-€3,230)
- Other debts -€3,230
down €3,230 (-0.2%), from €1.8m to €1.8m
- Profit (loss) carried forward +€1,083
up €1,083 (+0.1%), from -€1.9m to -€1.9m
- Gross operating margin -€5,854
down €5,854 (-47.2%), from €12,412 to €6,558
- Other operating charges -€3,835
down €3,835 (-41.9%), from €9,152 to €5,316
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 | €25,032 | €22,885 | -€2,147 | -8.6% |
| Fixed assets | 21/28 | €6,418 | €6,418 | = | 0.0% |
| Financial fixed assets | 28 | €6,418 | €6,418 | = | 0.0% |
| Current assets | 29/58 | €18,614 | €16,467 | -€2,147 | -11.5% |
| Amounts receivable within one year | 40/41 | €9,964 | €9,964 | = | 0.0% |
| Trade receivables | 40 | €3,103 | €3,103 | = | 0.0% |
| Other amounts receivable | 41 | €6,861 | €6,861 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,367 | €3,220 | -€2,147 | -40.0% |
| Deferred charges and accrued income | 490/1 | €3,284 | €3,284 | = | 0.0% |
| Total equity and liabilities | 10/49 | €25,032 | €22,885 | -€2,147 | -8.6% |
| Equity | 10/15 | -€1,817,569 | -€1,816,486 | +€1,083 | +0.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,879,569 | -€1,878,486 | +€1,083 | +0.1% |
| Amounts payable | 17/49 | €1,842,601 | €1,839,371 | -€3,230 | -0.2% |
| Amounts payable within one year | 42/48 | €1,838,951 | €1,835,721 | -€3,230 | -0.2% |
| Trade debts | 44 | €25,759 | €25,759 | = | 0.0% |
| Suppliers | 440/4 | €25,759 | €25,759 | = | 0.0% |
| Other amounts payable | 47/48 | €1,813,192 | €1,809,963 | -€3,230 | -0.2% |
| Accrued charges and deferred income | 492/3 | €3,650 | €3,650 | = | 0.0% |
| Other operating charges | 640/8 | €9,152 | €5,316 | -€3,835 | -41.9% |
| Gross operating margin | 9900 | €12,412 | €6,558 | -€5,854 | -47.2% |
| Operating profit (loss) | 9901 | €3,261 | €1,242 | -€2,019 | -61.9% |
| Financial charges | 65/66B | €152 | €159 | +€8 | +5.0% |
| Recurring financial charges | 65 | €152 | €159 | +€8 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | €3,109 | €1,083 | -€2,026 | -65.2% |
| Profit (loss) for the period | 9904 | €3,109 | €1,083 | -€2,026 | -65.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,109 | €1,083 | -€2,026 | -65.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.