BDS: 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.
BDS
Largest movements
- Receivables within one year +€29,466
up €29,466 (+229.4%), from €12,844 to €42,310
of which Other amounts receivable: +€24,522
- Tangible fixed assets -€6,019
down €6,019 (-12.6%), from €47,919 to €41,900
of which Furniture and vehicles: -€3,527
- Cash +€934
up €934 (+130.0%), from €718 to €1,653
mainly Net result for the year (+€44,748) and Depreciation (+€7,369)
- Profit (loss) carried forward +€44,748
up €44,748 (+86.9%), from -€51,512 to -€6,765
- Other debts -€24,910
down €24,910 (-27.7%), from €89,931 to €65,021
- Tax, wage and social debts +€5,809
up €5,809 (+1941.3%), from €299 to €6,108
- Trade debts -€2,028
down €2,028 (-39.2%), from €5,171 to €3,143
- Gross operating margin +€44,080
up €44,080 (+488.7%), from €9,020 to €53,100
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 | €62,489 | €86,108 | +€23,618 | +37.8% |
| Fixed assets | 21/28 | €47,919 | €41,900 | -€6,019 | -12.6% |
| Tangible fixed assets | 22/27 | €47,919 | €41,900 | -€6,019 | -12.6% |
| Plant, machinery and equipment | 23 | €13,013 | €10,521 | -€2,492 | -19.2% |
| Furniture and vehicles | 24 | €34,906 | €31,379 | -€3,527 | -10.1% |
| Current assets | 29/58 | €14,570 | €44,208 | +€29,638 | +203.4% |
| Amounts receivable within one year | 40/41 | €12,844 | €42,310 | +€29,466 | +229.4% |
| Trade receivables | 40 | €6,728 | €11,672 | +€4,944 | +73.5% |
| Other amounts receivable | 41 | €6,116 | €30,638 | +€24,522 | +401.0% |
| Cash at bank and in hand | 54/58 | €718 | €1,653 | +€934 | +130.0% |
| Deferred charges and accrued income | 490/1 | €1,008 | €245 | -€763 | -75.7% |
| Total equity and liabilities | 10/49 | €62,489 | €86,108 | +€23,618 | +37.8% |
| Equity | 10/15 | -€32,912 | €11,836 | +€44,748 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,512 | -€6,765 | +€44,748 | +86.9% |
| Amounts payable | 17/49 | €95,401 | €74,272 | -€21,129 | -22.1% |
| Amounts payable within one year | 42/48 | €95,401 | €74,272 | -€21,129 | -22.1% |
| Trade debts | 44 | €5,171 | €3,143 | -€2,028 | -39.2% |
| Suppliers | 440/4 | €5,171 | €3,143 | -€2,028 | -39.2% |
| Taxes, remuneration and social security | 45 | €299 | €6,108 | +€5,809 | +1941.3% |
| Taxes | 450/3 | €299 | €6,108 | +€5,809 | +1941.3% |
| Other amounts payable | 47/48 | €89,931 | €65,021 | -€24,910 | -27.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,394 | €7,369 | -€25 | -0.3% |
| Gross operating margin | 9900 | €9,020 | €53,100 | +€44,080 | +488.7% |
| Operating profit (loss) | 9901 | €1,626 | €45,731 | +€44,105 | +2712.9% |
| Financial charges | 65/66B | €683 | €786 | +€103 | +15.0% |
| Recurring financial charges | 65 | €683 | €786 | +€103 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | €942 | €44,945 | +€44,002 | +4668.8% |
| Income taxes | 67/77 | €205 | €197 | -€8 | -4.0% |
| Profit (loss) for the period | 9904 | €737 | €44,748 | +€44,010 | +5969.9% |
| Profit (loss) for the period to be appropriated | 9905 | €737 | €44,748 | +€44,010 | +5969.9% |
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 10 October 2026 via checked.be.