BSDI: 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.
BSDI
Largest movements
- Cash +€44,857
up €44,857 (+20.0%), from €224,454 to €269,311
mainly Net result for the year (+€66,747) and Depreciation (+€14,604)
- Receivables within one year +€30,633
up €30,633 (+141.4%), from €21,662 to €52,295
of which Trade receivables: +€27,171
- Tangible fixed assets -€14,604
down €14,604 (-8.8%), from €166,784 to €152,180
of which Furniture and vehicles: -€8,742
- Reserves +€66,747
up €66,747 (+15.9%), from €419,910 to €486,657
of which Tax-exempt reserves: +€66,747
- Gross operating margin -€18,005
down €18,005 (-14.0%), from €128,470 to €110,465
- Taxes -€3,526
down €3,526 (-11.5%), from €30,772 to €27,246
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 | €815,489 | €876,626 | +€61,137 | +7.5% |
| Fixed assets | 21/28 | €167,592 | €152,988 | -€14,604 | -8.7% |
| Tangible fixed assets | 22/27 | €166,784 | €152,180 | -€14,604 | -8.8% |
| Land and buildings | 22 | €150,500 | €144,638 | -€5,862 | -3.9% |
| Furniture and vehicles | 24 | €16,284 | €7,542 | -€8,742 | -53.7% |
| Financial fixed assets | 28 | €808 | €808 | = | 0.0% |
| Current assets | 29/58 | €647,897 | €723,638 | +€75,741 | +11.7% |
| Amounts receivable within one year | 40/41 | €21,662 | €52,295 | +€30,633 | +141.4% |
| Trade receivables | 40 | €21,662 | €48,833 | +€27,171 | +125.4% |
| Other amounts receivable | 41 | - | €3,462 | +€3,462 | |
| Current investments | 50/53 | €400,875 | €400,875 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €224,454 | €269,311 | +€44,857 | +20.0% |
| Deferred charges and accrued income | 490/1 | €906 | €1,157 | +€251 | +27.7% |
| Total equity and liabilities | 10/49 | €815,489 | €876,626 | +€61,137 | +7.5% |
| Equity | 10/15 | €712,090 | €778,838 | +€66,748 | +9.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Capital | 10 | €18,550 | - | -€18,550 | |
| Issued capital | 100 | €18,550 | - | -€18,550 | |
| Reserves | 13 | €419,910 | €486,657 | +€66,747 | +15.9% |
| Non-distributable reserves | 130/1 | €1,855 | - | -€1,855 | |
| Legal reserve | 130 | €1,855 | - | -€1,855 | |
| Tax-exempt reserves | 132 | €418,055 | €484,802 | +€66,747 | +16.0% |
| Distributable reserves | 133 | - | €1,855 | +€1,855 | |
| Profit (loss) carried forward | 14 | €273,630 | €273,631 | +€1 | 0.0% |
| Amounts payable | 17/49 | €103,399 | €97,788 | -€5,611 | -5.4% |
| Amounts payable within one year | 42/48 | €101,899 | €96,288 | -€5,611 | -5.5% |
| Trade debts | 44 | €1,655 | €1,676 | +€21 | +1.3% |
| Suppliers | 440/4 | €1,655 | €1,676 | +€21 | +1.3% |
| Taxes, remuneration and social security | 45 | €38,269 | €32,576 | -€5,693 | -14.9% |
| Taxes | 450/3 | €13,615 | €20,013 | +€6,398 | +47.0% |
| Remuneration and social security | 454/9 | €24,654 | €12,563 | -€12,091 | -49.0% |
| Other amounts payable | 47/48 | €61,975 | €62,036 | +€61 | +0.1% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,604 | €14,604 | = | 0.0% |
| Other operating charges | 640/8 | €1,777 | €1,554 | -€223 | -12.5% |
| Gross operating margin | 9900 | €128,470 | €110,465 | -€18,005 | -14.0% |
| Operating profit (loss) | 9901 | €112,089 | €94,307 | -€17,782 | -15.9% |
| Financial income | 75/76B | €876 | - | -€876 | |
| Recurring financial income | 75 | €876 | - | -€876 | |
| Financial charges | 65/66B | €239 | €314 | +€75 | +31.4% |
| Recurring financial charges | 65 | €239 | €314 | +€75 | +31.4% |
| Profit (loss) for the period before taxes | 9903 | €112,726 | €93,993 | -€18,733 | -16.6% |
| Income taxes | 67/77 | €30,772 | €27,246 | -€3,526 | -11.5% |
| Profit (loss) for the period | 9904 | €81,954 | €66,747 | -€15,207 | -18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €81,954 | €66,747 | -€15,207 | -18.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.