Bildor: 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.
Bildor
Largest movements
- Tangible fixed assets +€513,585
up €513,585 (+131.1%), from €391,721 to €905,306
of which Land and buildings: +€513,585
- Current investments -€180,000
no longer reported in 2025 (was €180,000)
- Cash -€41,156
down €41,156 (-48.4%), from €85,039 to €43,883
mainly Investment in fixed assets (net) (-€582,348) and Net result for the year (-€5,700)
- Debts after one year +€300,000
up €300,000 (+600.0%), from €50,000 to €350,000
- Depreciation +€68,763
new in 2025: €68,763
- Taxes -€24,094
no longer reported in 2025 (was €24,094)
- Financial charges +€21,489
up €21,489 (+6715.3%), from €320 to €21,809
- Gross operating margin -€7,403
down €7,403 (-8.0%), from €92,005 to €84,602
- Financial income -€3,662
down €3,662 (-68.8%), from €5,320 to €1,658
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 | €657,650 | €951,098 | +€293,448 | +44.6% |
| Fixed assets | 21/28 | €391,721 | €905,306 | +€513,585 | +131.1% |
| Tangible fixed assets | 22/27 | €391,721 | €905,306 | +€513,585 | +131.1% |
| Land and buildings | 22 | €57,065 | €570,650 | +€513,585 | +900.0% |
| Other tangible fixed assets | 26 | €334,656 | €334,656 | = | 0.0% |
| Current assets | 29/58 | €265,929 | €45,792 | -€220,137 | -82.8% |
| Amounts receivable within one year | 40/41 | - | €1,909 | +€1,909 | |
| Trade receivables | 40 | - | €1,411 | +€1,411 | |
| Other amounts receivable | 41 | - | €498 | +€498 | |
| Current investments | 50/53 | €180,000 | - | -€180,000 | |
| Cash at bank and in hand | 54/58 | €85,039 | €43,883 | -€41,156 | -48.4% |
| Deferred charges and accrued income | 490/1 | €890 | - | -€890 | |
| Total equity and liabilities | 10/49 | €657,650 | €951,098 | +€293,448 | +44.6% |
| Equity | 10/15 | €604,897 | €599,197 | -€5,700 | -0.9% |
| Contributions | 10/11 | €62,787 | €62,787 | = | 0.0% |
| Capital | 10 | €62,787 | €62,787 | = | 0.0% |
| Issued capital | 100 | €62,787 | €62,787 | = | 0.0% |
| Reserves | 13 | €140,810 | €140,810 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,224 | €11,224 | = | 0.0% |
| Legal reserve | 130 | €11,224 | €11,224 | = | 0.0% |
| Distributable reserves | 133 | €129,586 | €129,586 | = | 0.0% |
| Profit (loss) carried forward | 14 | €401,300 | €395,600 | -€5,700 | -1.4% |
| Amounts payable | 17/49 | €52,753 | €351,901 | +€299,148 | +567.1% |
| Amounts payable after more than one year | 17 | €50,000 | €350,000 | +€300,000 | +600.0% |
| Financial debts | 170/4 | €50,000 | €350,000 | +€300,000 | +600.0% |
| Amounts payable within one year | 42/48 | €2,753 | €351 | -€2,402 | -87.3% |
| Trade debts | 44 | €255 | €351 | +€96 | +37.6% |
| Suppliers | 440/4 | €255 | €351 | +€96 | +37.6% |
| Taxes, remuneration and social security | 45 | €2,498 | - | -€2,498 | |
| Taxes | 450/3 | €2,498 | - | -€2,498 | |
| Accrued charges and deferred income | 492/3 | - | €1,550 | +€1,550 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €68,763 | +€68,763 | |
| Other operating charges | 640/8 | €626 | €1,388 | +€762 | +121.7% |
| Gross operating margin | 9900 | €92,005 | €84,602 | -€7,403 | -8.0% |
| Operating profit (loss) | 9901 | €91,379 | €14,451 | -€76,928 | -84.2% |
| Financial income | 75/76B | €5,320 | €1,658 | -€3,662 | -68.8% |
| Recurring financial income | 75 | €5,320 | €1,658 | -€3,662 | -68.8% |
| Financial charges | 65/66B | €320 | €21,809 | +€21,489 | +6715.3% |
| Recurring financial charges | 65 | €320 | €21,809 | +€21,489 | +6715.3% |
| Profit (loss) for the period before taxes | 9903 | €96,379 | -€5,700 | -€102,079 | |
| Income taxes | 67/77 | €24,094 | - | -€24,094 | |
| Profit (loss) for the period | 9904 | €72,285 | -€5,700 | -€77,985 | |
| Profit (loss) for the period to be appropriated | 9905 | €72,285 | -€5,700 | -€77,985 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.