BYD: what changed
What changed
BYD
NACE 42.212, Civil engineering
filed annual accounts (NBB)
Net result for the year
€41,453
2024 · €48,923-€7,470
Equity
€338,921
2024 · €297,468+€41,453
Cash
€109,349
2024 · €176,574-€67,225
Balance sheet total
€672,982
2024 · €662,972+€10,010
Largest movements
Assets
- Deferred charges and accrued income +€71,462
up €71,462 (+161%), from €44,346 to €115,808
- Cash -€67,225
down €67,225 (-38.1%), from €176,574 to €109,349
mainly Investment in fixed assets (net) (-€77,393) and Deferred charges and accrued income (-€71,462)
Equity and liabilities
- Profit (loss) carried forward +€41,453
up €41,453 (+14.9%), from €278,858 to €320,311
- Tax, wage and social debts -€36,687
down €36,687 (-51.6%), from €71,128 to €34,441
of which Taxes: -€24,777
- Trade debts -€29,130
down €29,130 (-20.3%), from €143,620 to €114,490
- Short-term financial debts +€18,930
up €18,930 (+47.3%), from €40,000 to €58,930
- Current portion of long-term debt +€8,246
up €8,246 (+25.0%), from €32,943 to €41,190
Income statement
- Gross operating margin +€60,539
up €60,539 (+10.9%), from €555,689 to €616,228
- Staff costs +€44,907
up €44,907 (+11.1%), from €403,754 to €448,662
- Depreciation +€14,570
up €14,570 (+25.6%), from €56,932 to €71,502
- Financial charges +€8,610
up €8,610 (+15.0%), from €57,429 to €66,038
of which Non-recurring financial charges: +€4,896
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€48,923
Gross operating margin
+€60,539
Staff costs
-€44,907
Depreciation
-€14,570
Other operating charges
+€1,754
Financial income
+€5
Financial charges
-€8,610
Taxes
-€1,680
Result 2025
€41,453
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€24,206
Investment
-€77,393
Financing
+€34,374
Cash 2024
€176,574
From operations (derived)
-€24,206
Net result for the year
+€41,453
Depreciation
+€71,502
Receivables within one year
+€118
Deferred charges and accrued income
-€71,462
Trade debts
-€29,130
Tax, wage and social debts
-€36,687
Investment (derived)
-€77,393
Investment in fixed assets (net)
-€77,393
Financing
+€34,374
Debts after one year
+€7,198
Current portion of long-term debt
+€8,246
Short-term financial debts
+€18,930
Cash 2025
€109,349
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €662,972 | €672,982 | +€10,010 | +1.5% |
| Fixed assets | 21/28 | €162,528 | €168,419 | +€5,891 | +3.6% |
| Tangible fixed assets | 22/27 | €154,428 | €160,319 | +€5,891 | +3.8% |
| Plant, machinery and equipment | 23 | €15,726 | €13,956 | -€1,770 | -11.3% |
| Furniture and vehicles | 24 | €138,702 | €96,152 | -€42,550 | -30.7% |
| Leasing and similar rights | 25 | - | €50,212 | +€50,212 | |
| Financial fixed assets | 28 | €8,100 | €8,100 | = | 0.0% |
| Current assets | 29/58 | €500,444 | €504,562 | +€4,119 | +0.8% |
| Stocks and contracts in progress | 3 | €20,545 | €20,545 | = | 0.0% |
| Stocks | 30/36 | €20,545 | €20,545 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €258,978 | €258,861 | -€118 | 0.0% |
| Trade receivables | 40 | €54,747 | €54,944 | +€197 | +0.4% |
| Other amounts receivable | 41 | €204,232 | €203,916 | -€315 | -0.2% |
| Cash at bank and in hand | 54/58 | €176,574 | €109,349 | -€67,225 | -38.1% |
| Deferred charges and accrued income | 490/1 | €44,346 | €115,808 | +€71,462 | +161% |
| Total equity and liabilities | 10/49 | €662,972 | €672,982 | +€10,010 | +1.5% |
| Equity | 10/15 | €297,468 | €338,921 | +€41,453 | +13.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10 | €10 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10 | €10 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10 | €10 | = | 0.0% |
| Profit (loss) carried forward | 14 | €278,858 | €320,311 | +€41,453 | +14.9% |
| Amounts payable | 17/49 | €365,503 | €334,060 | -€31,443 | -8.6% |
| Amounts payable after more than one year | 17 | €77,812 | €85,010 | +€7,198 | +9.3% |
| Financial debts | 170/4 | €77,812 | €85,010 | +€7,198 | +9.3% |
| Amounts payable within one year | 42/48 | €287,691 | €249,050 | -€38,641 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €32,943 | €41,190 | +€8,246 | +25.0% |
| Financial debts | 43 | €40,000 | €58,930 | +€18,930 | +47.3% |
| Credit institutions | 430/8 | €40,000 | €58,930 | +€18,930 | +47.3% |
| Trade debts | 44 | €143,620 | €114,490 | -€29,130 | -20.3% |
| Suppliers | 440/4 | €143,620 | €114,490 | -€29,130 | -20.3% |
| Taxes, remuneration and social security | 45 | €71,128 | €34,441 | -€36,687 | -51.6% |
| Taxes | 450/3 | €34,227 | €9,450 | -€24,777 | -72.4% |
| Remuneration and social security | 454/9 | €36,901 | €24,991 | -€11,910 | -32.3% |
| Non-recurring operating income | 76A | €2,500 | €46,470 | +€43,970 | +1,759% |
| Remuneration, social security and pensions | 62 | €403,754 | €448,662 | +€44,907 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,932 | €71,502 | +€14,570 | +25.6% |
| Other operating charges | 640/8 | €12,527 | €10,773 | -€1,754 | -14.0% |
| Gross operating margin | 9900 | €555,689 | €616,228 | +€60,539 | +10.9% |
| Operating profit (loss) | 9901 | €82,476 | €85,291 | +€2,815 | +3.4% |
| Financial income | 75/76B | €2 | €7 | +€5 | +278% |
| Recurring financial income | 75 | €2 | €7 | +€5 | +278% |
| Financial charges | 65/66B | €57,429 | €66,038 | +€8,610 | +15.0% |
| Recurring financial charges | 65 | €57,429 | €61,142 | +€3,713 | +6.5% |
| Non-recurring financial charges | 66B | - | €4,896 | +€4,896 | |
| Profit (loss) for the period before taxes | 9903 | €25,050 | €19,260 | -€5,790 | -23.1% |
| Income taxes | 67/77 | -€23,873 | -€22,193 | +€1,680 | +7.0% |
| Profit (loss) for the period | 9904 | €48,923 | €41,453 | -€7,470 | -15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €48,923 | €41,453 | -€7,470 | -15.3% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.