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BSD PROJECTEN: 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

BSD PROJECTEN

BE 0744.633.762
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€1,961
2024 · -€1,930-€31
Equity
€1,526
2024 · €3,488-€1,961
Cash
€13,540
2024 · €15,089-€1,549
Balance sheet total
€13,540
2024 · €15,089-€1,549

Largest movements

2024 to 2025
Assets
  • Cash -€1,549

    down €1,549 (-10.3%), from €15,089 to €13,540

    mainly Net result for the year (-€1,961)

Equity and liabilities
  • Profit (loss) carried forward -€1,961

    down €1,961 (-78.8%), from €2,488 to €526

  • Trade debts +€412

    new in 2025: €412

Income statement
  • Gross operating margin -€66

    down €66 (-5.4%), from -€1,210 to -€1,276

  • Financial charges -€34

    down €34 (-11.0%), from €307 to €274

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 -€1,930
Gross operating margin -€66
Other operating charges +€1
Financial charges +€34
Result 2025 -€1,961

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 -€1,549
Investment €0
Financing €0
Cash 2024 €15,089
Net result for the year -€1,961
Trade debts +€412
Cash 2025 €13,540
Every line side by side 20 lines
Line Code 2024 2025 Change %
Total assets 20/58 €15,089 €13,540 -€1,549 -10.3%
Current assets 29/58 €15,089 €13,540 -€1,549 -10.3%
Cash at bank and in hand 54/58 €15,089 €13,540 -€1,549 -10.3%
Total equity and liabilities 10/49 €15,089 €13,540 -€1,549 -10.3%
Equity 10/15 €3,488 €1,526 -€1,961 -56.2%
Contributions 10/11 €1,000 €1,000 = 0.0%
Profit (loss) carried forward 14 €2,488 €526 -€1,961 -78.8%
Amounts payable 17/49 €11,602 €12,013 +€412 +3.6%
Amounts payable within one year 42/48 €11,602 €12,013 +€412 +3.6%
Trade debts 44 - €412 +€412
Suppliers 440/4 - €412 +€412
Other amounts payable 47/48 €11,602 €11,602 = 0.0%
Other operating charges 640/8 €413 €412 -€1 -0.2%
Gross operating margin 9900 -€1,210 -€1,276 -€66 -5.4%
Operating profit (loss) 9901 -€1,623 -€1,688 -€65 -4.0%
Financial charges 65/66B €307 €274 -€34 -11.0%
Recurring financial charges 65 €307 €274 -€34 -11.0%
Profit (loss) for the period before taxes 9903 -€1,930 -€1,961 -€31 -1.6%
Profit (loss) for the period 9904 -€1,930 -€1,961 -€31 -1.6%
Profit (loss) for the period to be appropriated 9905 -€1,930 -€1,961 -€31 -1.6%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.