BILDA: 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.
BILDA
Largest movements
- Receivables within one year +€83,026
up €83,026 (+429%), from €19,360 to €102,386
of which Trade receivables: +€81,569
- Tangible fixed assets +€74,513
up €74,513 (+9,660%), from €771 to €75,285
of which Leasing and similar rights: +€68,783
- Current investments -€48,578
down €48,578 (-49.0%), from €99,098 to €50,520
- Trade debts +€71,257
up €71,257 (+663%), from €10,743 to €82,000
- Debts after one year +€49,283
new in 2025: €49,283
- Other debts -€12,489
down €12,489 (-14.6%), from €85,288 to €72,800
- Current portion of long-term debt +€10,891
new in 2025: €10,891
- Reserves -€8,337
down €8,337 (-75.0%), from €11,120 to €2,783
- Gross operating margin +€62,043
up €62,043 (+134%), from €46,336 to €108,380
- Taxes +€12,263
up €12,263 (+109%), from €11,216 to €23,479
- Depreciation +€4,679
up €4,679 (+478%), from €980 to €5,659
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,669 | €239,513 | +€108,844 | +83.3% |
| Fixed assets | 21/28 | €10,771 | €85,285 | +€74,513 | +692% |
| Tangible fixed assets | 22/27 | €771 | €75,285 | +€74,513 | +9,660% |
| Furniture and vehicles | 24 | €771 | €6,501 | +€5,730 | +743% |
| Leasing and similar rights | 25 | - | €68,783 | +€68,783 | |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €119,898 | €154,229 | +€34,331 | +28.6% |
| Amounts receivable within one year | 40/41 | €19,360 | €102,386 | +€83,026 | +429% |
| Trade receivables | 40 | €19,360 | €100,929 | +€81,569 | +421% |
| Other amounts receivable | 41 | - | €1,457 | +€1,457 | |
| Current investments | 50/53 | €99,098 | €50,520 | -€48,578 | -49.0% |
| Deferred charges and accrued income | 490/1 | €1,440 | €1,323 | -€117 | -8.1% |
| Total equity and liabilities | 10/49 | €130,669 | €239,513 | +€108,844 | +83.3% |
| Equity | 10/15 | €16,120 | €7,783 | -€8,337 | -51.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €11,120 | €2,783 | -€8,337 | -75.0% |
| Distributable reserves | 133 | €11,120 | €2,783 | -€8,337 | -75.0% |
| Amounts payable | 17/49 | €114,549 | €231,730 | +€117,181 | +102% |
| Amounts payable after more than one year | 17 | - | €49,283 | +€49,283 | |
| Financial debts | 170/4 | - | €49,283 | +€49,283 | |
| Amounts payable within one year | 42/48 | €114,549 | €182,448 | +€67,898 | +59.3% |
| Current portion of amounts payable after more than one year | 42 | - | €10,891 | +€10,891 | |
| Trade debts | 44 | €10,743 | €82,000 | +€71,257 | +663% |
| Suppliers | 440/4 | €10,743 | €82,000 | +€71,257 | +663% |
| Taxes, remuneration and social security | 45 | €18,518 | €16,757 | -€1,761 | -9.5% |
| Taxes | 450/3 | €18,518 | €16,757 | -€1,761 | -9.5% |
| Other amounts payable | 47/48 | €85,288 | €72,800 | -€12,489 | -14.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €980 | €5,659 | +€4,679 | +478% |
| Other operating charges | 640/8 | €1,739 | €2,242 | +€503 | +28.9% |
| Gross operating margin | 9900 | €46,336 | €108,380 | +€62,043 | +134% |
| Operating profit (loss) | 9901 | €43,617 | €100,479 | +€56,861 | +130% |
| Financial charges | 65/66B | €102 | €337 | +€235 | +232% |
| Recurring financial charges | 65 | €102 | €337 | +€235 | +232% |
| Profit (loss) for the period before taxes | 9903 | €43,516 | €100,142 | +€56,626 | +130% |
| Income taxes | 67/77 | €11,216 | €23,479 | +€12,263 | +109% |
| Profit (loss) for the period | 9904 | €32,300 | €76,663 | +€44,363 | +137% |
| Profit (loss) for the period to be appropriated | 9905 | €32,300 | €76,663 | +€44,363 | +137% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.