BD Technics: what changed
BD Technics
Largest movements
- Receivables within one year +€473,648
up €473,648 (+412%), from €114,953 to €588,601
of which Trade receivables: +€473,222
- Current investments -€390,832
down €390,832 (-97.7%), from €400,000 to €9,168
- Tangible fixed assets +€376,021
up €376,021 (+2,227%), from €16,887 to €392,909
of which Land and buildings: +€355,895
- Cash -€82,019
down €82,019 (-39.5%), from €207,497 to €125,477
mainly Receivables within one year (-€473,648) and Investment in fixed assets (net) (-€401,235)
- Trade debts +€367,973
up €367,973 (+1,908%), from €19,285 to €387,258
- Reserves -€261,901
down €261,901 (-42.5%), from €616,468 to €354,567
of which Distributable reserves: -€261,901
- Debts after one year +€237,500
new in 2025: €237,500
- Other debts +€113,799
new in 2025: €113,799
- Profit (loss) carried forward -€44,366
no longer reported in 2025 (was €44,366)
- Gross operating margin -€67,409
down €67,409 (-73.4%), from €91,816 to €24,407
- Taxes -€23,692
down €23,692 (-94.6%), from €25,035 to €1,343
- Financial income +€9,350
up €9,350 (+1,531%), from €611 to €9,961
- Depreciation +€4,370
up €4,370 (+21.0%), from €20,844 to €25,214
- Financial charges +€3,735
up €3,735 (+1,231%), from €303 to €4,039
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €739,451 | €1,120,255 | +€380,805 | +51.5% |
| Fixed assets | 21/28 | €16,887 | €392,909 | +€376,021 | +2,227% |
| Tangible fixed assets | 22/27 | €16,887 | €392,909 | +€376,021 | +2,227% |
| Land and buildings | 22 | €6,402 | €362,297 | +€355,895 | +5,559% |
| Plant, machinery and equipment | 23 | - | €21,983 | +€21,983 | |
| Furniture and vehicles | 24 | €9,710 | €8,628 | -€1,081 | -11.1% |
| Leasing and similar rights | 25 | €776 | - | -€776 | |
| Current assets | 29/58 | €722,563 | €727,347 | +€4,784 | +0.7% |
| Amounts receivable within one year | 40/41 | €114,953 | €588,601 | +€473,648 | +412% |
| Trade receivables | 40 | €98,011 | €571,233 | +€473,222 | +483% |
| Other amounts receivable | 41 | €16,942 | €17,368 | +€426 | +2.5% |
| Current investments | 50/53 | €400,000 | €9,168 | -€390,832 | -97.7% |
| Cash at bank and in hand | 54/58 | €207,497 | €125,477 | -€82,019 | -39.5% |
| Deferred charges and accrued income | 490/1 | €114 | €4,100 | +€3,987 | +3,507% |
| Total equity and liabilities | 10/49 | €739,451 | €1,120,255 | +€380,805 | +51.5% |
| Equity | 10/15 | €679,384 | €373,117 | -€306,267 | -45.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €616,468 | €354,567 | -€261,901 | -42.5% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €614,613 | €352,712 | -€261,901 | -42.6% |
| Profit (loss) carried forward | 14 | €44,366 | - | -€44,366 | |
| Amounts payable | 17/49 | €60,067 | €747,139 | +€687,072 | +1,144% |
| Amounts payable after more than one year | 17 | - | €237,500 | +€237,500 | |
| Financial debts | 170/4 | - | €237,500 | +€237,500 | |
| Amounts payable within one year | 42/48 | €60,067 | €509,639 | +€449,572 | +748% |
| Current portion of amounts payable after more than one year | 42 | €683 | - | -€683 | |
| Trade debts | 44 | €19,285 | €387,258 | +€367,973 | +1,908% |
| Suppliers | 440/4 | €19,285 | €387,258 | +€367,973 | +1,908% |
| Advances received on contracts in progress | 46 | - | €2,181 | +€2,181 | |
| Taxes, remuneration and social security | 45 | €40,099 | €6,401 | -€33,698 | -84.0% |
| Taxes | 450/3 | €40,099 | €6,401 | -€33,698 | -84.0% |
| Other amounts payable | 47/48 | - | €113,799 | +€113,799 | |
| Remuneration, social security and pensions | 62 | €1,200 | - | -€1,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,844 | €25,214 | +€4,370 | +21.0% |
| Other operating charges | 640/8 | €678 | €460 | -€218 | -32.1% |
| Gross operating margin | 9900 | €91,816 | €24,407 | -€67,409 | -73.4% |
| Operating profit (loss) | 9901 | €69,094 | -€1,267 | -€70,361 | |
| Financial income | 75/76B | €611 | €9,961 | +€9,350 | +1,531% |
| Recurring financial income | 75 | €611 | €9,961 | +€9,350 | +1,531% |
| Financial charges | 65/66B | €303 | €4,039 | +€3,735 | +1,231% |
| Recurring financial charges | 65 | €303 | €4,039 | +€3,735 | +1,231% |
| Profit (loss) for the period before taxes | 9903 | €69,401 | €4,655 | -€64,746 | -93.3% |
| Income taxes | 67/77 | €25,035 | €1,343 | -€23,692 | -94.6% |
| Profit (loss) for the period | 9904 | €44,366 | €3,312 | -€41,054 | -92.5% |
| Profit (loss) for the period to be appropriated | 9905 | €44,366 | €3,312 | -€41,054 | -92.5% |
Next steps
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.