GROEP BDSV: what changed
What changed
GROEP BDSV
NACE 66.220, Insurance agents and brokers
filed annual accounts (NBB)
Net result for the year
€106,547
2024 · -€15,688+€122,235
Equity
€58,292
2024 · €14,312+€43,979
Cash
€247,036
2024 · €146,365+€100,671
Balance sheet total
€2.9m
2024 · €2.7m+€103,558
Largest movements
Assets
- Cash +€100,671
up €100,671 (+68.8%), from €146,365 to €247,036
mainly Depreciation (+€294,595) and Net result for the year (+€106,547)
Equity and liabilities
- Other debts -€65,233
down €65,233 (-10.8%), from €602,350 to €537,117
- Debts after one year +€50,357
up €50,357 (+2.7%), from €1.9m to €1.9m
- Current portion of long-term debt +€31,296
up €31,296 (+16.4%), from €190,435 to €221,732
Income statement
- Gross operating margin +€198,127
up €198,127 (+35.1%), from €564,470 to €762,597
- Financial charges +€40,410
up €40,410 (+102%), from €39,598 to €80,009
- Taxes +€18,385
up €18,385 (+9,050%), from €203 to €18,588
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
-€15,688
Gross operating margin
+€198,127
Staff costs
-€7,353
Depreciation
-€5,846
Other operating charges
-€3,898
Financial income
+€0
Financial charges
-€40,410
Taxes
-€18,385
Result 2025
€106,547
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
+€382,811
Investment
-€301,226
Financing
+€19,086
Cash 2024
€146,365
From operations (derived)
+€382,811
Net result for the year
+€106,547
Depreciation
+€294,595
Receivables within one year
+€4,767
Deferred charges and accrued income
-€1,024
Trade debts
+€23,756
Tax, wage and social debts
+€22,152
Other debts
-€65,233
Accrued charges and deferred income
-€2,750
Investment (derived)
-€301,226
Investment in fixed assets (net)
-€301,226
Financing
+€19,086
Debts after one year
+€50,357
Current portion of long-term debt
+€31,296
Contributions, distributions and other
-€62,567
Cash 2025
€247,036
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,746,671 | €2,850,229 | +€103,558 | +3.8% |
| Fixed assets | 21/28 | €2,489,720 | €2,496,351 | +€6,631 | +0.3% |
| Intangible fixed assets | 21 | €2,480,398 | €2,473,684 | -€6,714 | -0.3% |
| Tangible fixed assets | 22/27 | €6,923 | €20,267 | +€13,345 | +193% |
| Furniture and vehicles | 24 | €4,290 | €17,912 | +€13,623 | +318% |
| Other tangible fixed assets | 26 | €2,633 | €2,355 | -€278 | -10.6% |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €256,951 | €353,878 | +€96,927 | +37.7% |
| Amounts receivable within one year | 40/41 | €105,193 | €100,426 | -€4,767 | -4.5% |
| Trade receivables | 40 | €105,193 | €100,426 | -€4,767 | -4.5% |
| Cash at bank and in hand | 54/58 | €146,365 | €247,036 | +€100,671 | +68.8% |
| Deferred charges and accrued income | 490/1 | €5,393 | €6,416 | +€1,024 | +19.0% |
| Total equity and liabilities | 10/49 | €2,746,671 | €2,850,229 | +€103,558 | +3.8% |
| Equity | 10/15 | €14,312 | €58,292 | +€43,979 | +307% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | - | €28,292 | +€28,292 | |
| Distributable reserves | 133 | - | €28,292 | +€28,292 | |
| Profit (loss) carried forward | 14 | -€15,688 | €0 | +€15,688 | |
| Amounts payable | 17/49 | €2,732,359 | €2,791,938 | +€59,579 | +2.2% |
| Amounts payable after more than one year | 17 | €1,884,582 | €1,934,939 | +€50,357 | +2.7% |
| Financial debts | 170/4 | €1,884,582 | €1,934,939 | +€50,357 | +2.7% |
| Amounts payable within one year | 42/48 | €845,027 | €856,999 | +€11,972 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €190,435 | €221,732 | +€31,296 | +16.4% |
| Trade debts | 44 | €26,246 | €50,002 | +€23,756 | +90.5% |
| Suppliers | 440/4 | €26,246 | €50,002 | +€23,756 | +90.5% |
| Taxes, remuneration and social security | 45 | €25,996 | €48,148 | +€22,152 | +85.2% |
| Taxes | 450/3 | €203 | €18,588 | +€18,385 | +9,050% |
| Remuneration and social security | 454/9 | €25,793 | €29,560 | +€3,767 | +14.6% |
| Other amounts payable | 47/48 | €602,350 | €537,117 | -€65,233 | -10.8% |
| Accrued charges and deferred income | 492/3 | €2,750 | €0 | -€2,750 | -100% |
| Remuneration, social security and pensions | 62 | €248,516 | €255,869 | +€7,353 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €288,749 | €294,595 | +€5,846 | +2.0% |
| Other operating charges | 640/8 | €3,092 | €6,990 | +€3,898 | +126% |
| Gross operating margin | 9900 | €564,470 | €762,597 | +€198,127 | +35.1% |
| Operating profit (loss) | 9901 | €24,114 | €205,143 | +€181,030 | +751% |
| Financial income | 75/76B | €0 | €0 | +€0 | +200% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +200% |
| Financial charges | 65/66B | €39,598 | €80,009 | +€40,410 | +102% |
| Recurring financial charges | 65 | €39,598 | €80,009 | +€40,410 | +102% |
| Profit (loss) for the period before taxes | 9903 | -€15,485 | €125,135 | +€140,619 | |
| Income taxes | 67/77 | €203 | €18,588 | +€18,385 | +9,050% |
| Profit (loss) for the period | 9904 | -€15,688 | €106,547 | +€122,235 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,688 | €106,547 | +€122,235 |
Next steps
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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 6 November 2026 via checked.be.