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BILDDS: 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

BILDDS

BE 0683.470.215
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€54,434
2024 · €816,834-€762,399
Equity
€88,416
2024 · €88,416
Cash
€83,324
2024 · €123,836-€40,512
Balance sheet total
€145,314
2024 · €192,587-€47,273

Largest movements

2024 to 2025
Assets
  • Cash -€40,512

    down €40,512 (-32.7%), from €123,836 to €83,324

    mainly Contributions, distributions and other (-€54,434) and Other debts (-€45,486)

  • Receivables within one year -€8,036

    down €8,036 (-16.2%), from €49,461 to €41,425

    of which Trade receivables: -€5,000

  • Tangible fixed assets +€3,053

    up €3,053 (+26.9%), from €11,367 to €14,420

    of which Plant, machinery and equipment: +€3,821

Equity and liabilities
  • Other debts -€45,486

    down €45,486 (-45.2%), from €100,621 to €55,135

  • Current portion of long-term debt -€2,302

    down €2,302 (-100.0%), from €2,302 to €0

Income statement
  • Financial income -€695,252

    down €695,252 (-99.7%), from €697,470 to €2,218

  • Gross operating margin -€93,932

    down €93,932 (-51.3%), from €182,943 to €89,011

  • Taxes -€21,283

    down €21,283 (-46.5%), from €45,817 to €24,534

  • Depreciation -€9,468

    down €9,468 (-64.8%), from €14,612 to €5,144

  • Financial charges +€3,748

    up €3,748 (+499.9%), from €750 to €4,498

From the 2024 result to the 2025 result

effect on the 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 €816,834
Gross operating margin -€93,932
Depreciation +€9,468
Other operating charges -€219
Financial income -€695,252
Financial charges -€3,748
Taxes +€21,283
Result 2025 €54,434

Cash bridge derived

cash 2024 to 2025

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 +€24,420
Investment -€8,196
Financing -€56,736
Cash 2024 €123,836
Net result for the year +€54,434
Depreciation +€5,144
Receivables within one year +€8,036
Deferred charges and accrued income +€1,777
Trade debts -€285
Tax, wage and social debts +€800
Other debts -€45,486
Investment in fixed assets (net) -€8,196
Current portion of long-term debt -€2,302
Contributions, distributions and other -€54,434
Cash 2025 €83,324
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €192,587 €145,314 -€47,273 -24.5%
Fixed assets 21/28 €15,327 €18,380 +€3,053 +19.9%
Tangible fixed assets 22/27 €11,367 €14,420 +€3,053 +26.9%
Plant, machinery and equipment 23 - €3,821 +€3,821
Furniture and vehicles 24 €10,114 €9,739 -€375 -3.7%
Other tangible fixed assets 26 €1,254 €860 -€394 -31.4%
Financial fixed assets 28 €3,960 €3,960 = 0.0%
Current assets 29/58 €177,260 €126,934 -€50,326 -28.4%
Amounts receivable within one year 40/41 €49,461 €41,425 -€8,036 -16.2%
Trade receivables 40 €5,000 €0 -€5,000 -100.0%
Other amounts receivable 41 €44,461 €41,425 -€3,036 -6.8%
Cash at bank and in hand 54/58 €123,836 €83,324 -€40,512 -32.7%
Deferred charges and accrued income 490/1 €3,963 €2,186 -€1,777 -44.8%
Total equity and liabilities 10/49 €192,587 €145,314 -€47,273 -24.5%
Equity 10/15 €88,416 €88,416 = 0.0%
Contributions 10/11 €1 €1 = 0.0%
Reserves 13 €88,415 €88,415 = 0.0%
Distributable reserves 133 €88,415 €88,415 = 0.0%
Profit (loss) carried forward 14 - €0 =
Amounts payable 17/49 €104,171 €56,898 -€47,273 -45.4%
Amounts payable within one year 42/48 €104,171 €56,898 -€47,273 -45.4%
Current portion of amounts payable after more than one year 42 €2,302 €0 -€2,302 -100.0%
Trade debts 44 €1,249 €964 -€285 -22.8%
Suppliers 440/4 €1,249 €964 -€285 -22.8%
Taxes, remuneration and social security 45 - €800 +€800
Taxes 450/3 - €800 +€800
Other amounts payable 47/48 €100,621 €55,135 -€45,486 -45.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €14,612 €5,144 -€9,468 -64.8%
Other operating charges 640/8 €2,401 €2,619 +€219 +9.1%
Gross operating margin 9900 €182,943 €89,011 -€93,932 -51.3%
Operating profit (loss) 9901 €165,930 €81,248 -€84,683 -51.0%
Financial income 75/76B €697,470 €2,218 -€695,252 -99.7%
Recurring financial income 75 €697,470 €2,218 -€695,252 -99.7%
Financial charges 65/66B €750 €4,498 +€3,748 +499.9%
Recurring financial charges 65 €750 €4,498 +€3,748 +499.9%
Profit (loss) for the period before taxes 9903 €862,650 €78,968 -€783,682 -90.8%
Income taxes 67/77 €45,817 €24,534 -€21,283 -46.5%
Profit (loss) for the period 9904 €816,834 €54,434 -€762,399 -93.3%
Profit (loss) for the period to be appropriated 9905 €816,834 €54,434 -€762,399 -93.3%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.