BSD Service: 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.
BSD Service
Largest movements
- Receivables within one year -€28,692
down €28,692 (-84.6%), from €33,934 to €5,242
of which Trade receivables: -€31,000
- Tangible fixed assets -€2,738
down €2,738 (-39.8%), from €6,886 to €4,148
of which Leasing and similar rights: -€2,668
- Cash -€2,592
down €2,592 (-100%), from €2,592 to €0
mainly Trade debts (-€22,982) and Net result for the year (-€19,598)
- Financial fixed assets -€2,400
down €2,400 (-86.3%), from €2,781 to €381
- Deferred charges and accrued income -€1,275
down €1,275 (-81.1%), from €1,571 to €297
- Trade debts -€22,982
down €22,982 (-98.6%), from €23,303 to €321
- Profit (loss) carried forward -€19,598
down €19,598 (-86.8%), from -€22,571 to -€42,169
- Other debts +€6,352
up €6,352 (+130%), from €4,880 to €11,232
- Debts after one year -€2,266
down €2,266 (-18.7%), from €12,126 to €9,860
- Short-term financial debts +€1,666
up €1,666 (+7.1%), from €23,336 to €25,002
- Gross operating margin -€51,075
down €51,075, from €36,926 to -€14,150
- Staff costs -€41,945
down €41,945, from €41,417 to -€528
- Financial charges -€3,027
down €3,027 (-55.8%), from €5,428 to €2,401
- Write-downs -€1,197
down €1,197, from €598 to -€598
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
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 | €47,764 | €10,067 | -€37,697 | -78.9% |
| Fixed assets | 21/28 | €9,667 | €4,529 | -€5,138 | -53.2% |
| Tangible fixed assets | 22/27 | €6,886 | €4,148 | -€2,738 | -39.8% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | €6,378 | €3,710 | -€2,668 | -41.8% |
| Other tangible fixed assets | 26 | €508 | €438 | -€70 | -13.8% |
| Financial fixed assets | 28 | €2,781 | €381 | -€2,400 | -86.3% |
| Current assets | 29/58 | €38,097 | €5,539 | -€32,559 | -85.5% |
| Amounts receivable within one year | 40/41 | €33,934 | €5,242 | -€28,692 | -84.6% |
| Trade receivables | 40 | €33,000 | €2,000 | -€31,000 | -93.9% |
| Other amounts receivable | 41 | €934 | €3,242 | +€2,308 | +247% |
| Cash at bank and in hand | 54/58 | €2,592 | €0 | -€2,592 | -100% |
| Deferred charges and accrued income | 490/1 | €1,571 | €297 | -€1,275 | -81.1% |
| Total equity and liabilities | 10/49 | €47,764 | €10,067 | -€37,697 | -78.9% |
| Equity | 10/15 | -€20,071 | -€39,669 | -€19,598 | -97.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,571 | -€42,169 | -€19,598 | -86.8% |
| Amounts payable | 17/49 | €67,835 | €49,736 | -€18,099 | -26.7% |
| Amounts payable after more than one year | 17 | €12,126 | €9,860 | -€2,266 | -18.7% |
| Financial debts | 170/4 | €12,126 | €9,860 | -€2,266 | -18.7% |
| Amounts payable within one year | 42/48 | €55,267 | €38,877 | -€16,390 | -29.7% |
| Current portion of amounts payable after more than one year | 42 | €2,198 | €2,266 | +€68 | +3.1% |
| Financial debts | 43 | €23,336 | €25,002 | +€1,666 | +7.1% |
| Credit institutions | 430/8 | €23,336 | €25,002 | +€1,666 | +7.1% |
| Trade debts | 44 | €23,303 | €321 | -€22,982 | -98.6% |
| Suppliers | 440/4 | €23,303 | €321 | -€22,982 | -98.6% |
| Taxes, remuneration and social security | 45 | €1,549 | €55 | -€1,493 | -96.4% |
| Taxes | 450/3 | €1,549 | €55 | -€1,493 | -96.4% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €4,880 | €11,232 | +€6,352 | +130% |
| Accrued charges and deferred income | 492/3 | €443 | €1,000 | +€557 | +126% |
| Remuneration, social security and pensions | 62 | €41,417 | -€528 | -€41,945 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,738 | €2,738 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €598 | -€598 | -€1,197 | |
| Other operating charges | 640/8 | €1,383 | €1,128 | -€255 | -18.4% |
| Non-recurring operating charges | 66A | €1,561 | €311 | -€1,250 | -80.1% |
| Gross operating margin | 9900 | €36,926 | -€14,150 | -€51,075 | |
| Operating profit (loss) | 9901 | -€10,771 | -€17,200 | -€6,428 | -59.7% |
| Financial income | 75/76B | €1 | €3 | +€3 | +433% |
| Recurring financial income | 75 | €1 | €3 | +€3 | +433% |
| Financial charges | 65/66B | €5,428 | €2,401 | -€3,027 | -55.8% |
| Recurring financial charges | 65 | €5,428 | €2,401 | -€3,027 | -55.8% |
| Profit (loss) for the period before taxes | 9903 | -€16,199 | -€19,598 | -€3,399 | -21.0% |
| Profit (loss) for the period | 9904 | -€16,199 | -€19,598 | -€3,399 | -21.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,199 | -€19,598 | -€3,399 | -21.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.