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BKD TECHNIC: 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

BKD TECHNIC

BE 0838.930.333
NACE 42.211, Civil engineering
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€37
2023 · €3,132-€3,095
Equity
€63,527
2023 · €63,490+€37
Cash
€33,599
2023 · €11,589+€22,010
Balance sheet total
€96,786
2023 · €97,153-€367

Largest movements

2023 to 2024
Assets
  • Cash +€22,010

    up €22,010 (+189.9%), from €11,589 to €33,599

    mainly Receivables within one year (+€17,903) and Trade debts (+€11,836)

  • Receivables within one year -€17,903

    down €17,903 (-44.7%), from €40,076 to €22,173

    of which Trade receivables: -€21,124

  • Tangible fixed assets -€3,108

    down €3,108 (-18.7%), from €16,605 to €13,497

  • Deferred charges and accrued income -€1,366

    down €1,366 (-21.6%), from €6,315 to €4,948

Equity and liabilities
  • Trade debts +€11,836

    up €11,836 (+430.5%), from €2,749 to €14,586

  • Tax, wage and social debts -€10,073

    down €10,073 (-47.4%), from €21,264 to €11,191

    of which Taxes: -€11,628

  • Other debts -€2,168

    down €2,168 (-22.5%), from €9,650 to €7,482

Income statement
  • Staff costs +€10,898

    up €10,898 (+81.4%), from €13,395 to €24,293

  • Gross operating margin +€6,956

    up €6,956 (+25.0%), from €27,853 to €34,808

  • Financial charges -€1,907

    down €1,907 (-38.8%), from €4,910 to €3,003

  • Other operating charges +€1,294

    up €1,294 (+142.1%), from €911 to €2,205

  • Taxes -€364

    down €364 (-29.7%), from €1,226 to €862

From the 2023 result to the 2024 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 2023 €3,132
Gross operating margin +€6,956
Staff costs -€10,898
Depreciation -€119
Other operating charges -€1,294
Financial income -€9
Financial charges +€1,907
Taxes +€364
Result 2024 €37

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€23,310
Investment -€1,300
Financing €0
Cash 2023 €11,589
Net result for the year +€37
Depreciation +€4,408
Receivables within one year +€17,903
Deferred charges and accrued income +€1,366
Trade debts +€11,836
Tax, wage and social debts -€10,073
Other debts -€2,168
Investment in fixed assets (net) -€1,300
Cash 2024 €33,599
Every line side by side 45 lines
Line Code 2023 2024 Change %
Total assets 20/58 €97,153 €96,786 -€367 -0.4%
Fixed assets 21/28 €16,804 €13,696 -€3,108 -18.5%
Tangible fixed assets 22/27 €16,605 €13,497 -€3,108 -18.7%
Furniture and vehicles 24 €16,605 €13,497 -€3,108 -18.7%
Financial fixed assets 28 €200 €200 = 0.0%
Current assets 29/58 €80,349 €83,090 +€2,741 +3.4%
Amounts receivable after more than one year 29 €22,370 €22,370 = 0.0%
Other amounts receivable 291 €22,370 €22,370 = 0.0%
Stocks and contracts in progress 3 €0 - =
Contracts in progress 37 €0 - =
Amounts receivable within one year 40/41 €40,076 €22,173 -€17,903 -44.7%
Trade receivables 40 €39,965 €18,841 -€21,124 -52.9%
Other amounts receivable 41 €111 €3,332 +€3,221 +2911.7%
Cash at bank and in hand 54/58 €11,589 €33,599 +€22,010 +189.9%
Deferred charges and accrued income 490/1 €6,315 €4,948 -€1,366 -21.6%
Total equity and liabilities 10/49 €97,153 €96,786 -€367 -0.4%
Equity 10/15 €63,490 €63,527 +€37 +0.1%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €57,290 €57,327 +€37 +0.1%
Non-distributable reserves 130/1 €1,860 €0 -€1,860 -100.0%
Reserves not available under the articles 1311 €1,860 €0 -€1,860 -100.0%
Distributable reserves 133 €55,430 €57,327 +€1,897 +3.4%
Amounts payable 17/49 €33,663 €33,259 -€405 -1.2%
Amounts payable within one year 42/48 €33,663 €33,259 -€405 -1.2%
Trade debts 44 €2,749 €14,586 +€11,836 +430.5%
Suppliers 440/4 €2,749 €14,586 +€11,836 +430.5%
Taxes, remuneration and social security 45 €21,264 €11,191 -€10,073 -47.4%
Taxes 450/3 €16,209 €4,581 -€11,628 -71.7%
Remuneration and social security 454/9 €5,055 €6,610 +€1,555 +30.8%
Other amounts payable 47/48 €9,650 €7,482 -€2,168 -22.5%
Non-recurring operating income 76A - €1,000 +€1,000
Remuneration, social security and pensions 62 €13,395 €24,293 +€10,898 +81.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,289 €4,408 +€119 +2.8%
Other operating charges 640/8 €911 €2,205 +€1,294 +142.1%
Non-recurring operating charges 66A €0 - =
Gross operating margin 9900 €27,853 €34,808 +€6,956 +25.0%
Operating profit (loss) 9901 €9,258 €3,903 -€5,356 -57.8%
Financial income 75/76B €9 €0 -€9 -100.0%
Recurring financial income 75 €9 €0 -€9 -100.0%
Financial charges 65/66B €4,910 €3,003 -€1,907 -38.8%
Recurring financial charges 65 €4,910 €3,003 -€1,907 -38.8%
Profit (loss) for the period before taxes 9903 €4,358 €899 -€3,458 -79.4%
Income taxes 67/77 €1,226 €862 -€364 -29.7%
Profit (loss) for the period 9904 €3,132 €37 -€3,095 -98.8%
Profit (loss) for the period to be appropriated 9905 €3,132 €37 -€3,095 -98.8%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.