Bourse Direct SA (BSD) — Cash Flow Quality Index
Bourse Direct SA (BSD) has a Cash Flow Quality Index of 1.23x as of December 2025. Operating cash flow of €12.78 Million exceeds net income of €10.40 Million, indicating high earnings quality where cash backs reported profits. Explore BSD long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Bourse Direct SA Cash Flow Quality Index (2004–2025)
Historical Cash Flow Quality Index for Bourse Direct SA across 16 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Bourse Direct SA tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Bourse Direct SA (2004–2025)
Year-by-year earnings quality comparison for Bourse Direct SA. For live market cap and the full company financial profile, see BSD stock market capitalisation.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.00x | €19.73 Million | €19.74 Million | ▼ -8.0% |
| 2024 | 1.09x | €20.78 Million | €19.13 Million | ▼ -27.7% |
| 2023 | 1.50x | €23.18 Million | €15.43 Million | ▼ -33.1% |
| 2022 | 2.24x | €12.76 Million | €5.68 Million | ▲ +3088.1% |
| 2021 | -0.08x | €-538.00K | €7.16 Million | ▼ -103.1% |
| 2020 | 2.45x | €14.95 Million | €6.11 Million | ▲ +244.2% |
| 2019 | 0.71x | €983.62K | €1.38 Million | ▲ +494.1% |
| 2018 | 0.12x | €278.19K | €2.32 Million | ▼ -95.8% |
| 2017 | 2.83x | €8.70 Million | €3.07 Million | ▲ +168.3% |
| 2016 | 1.06x | €2.44 Million | €2.31 Million | ▼ -16.3% |
| 2015 | 1.26x | €3.71 Million | €2.95 Million | ▼ -39.6% |
| 2014 | 2.09x | €6.71 Million | €3.22 Million | ▲ +6.4% |
| 2013 | 1.96x | €6.71 Million | €3.42 Million | ▲ +183.7% |
| 2007 | 0.69x | €4.64 Million | €6.72 Million | ▼ -95.8% |
| 2006 | 16.56x | €82.85 Million | €5.00 Million | ▲ +181.9% |
| 2004 | 5.87x | €31.36 Million | €5.34 Million | — |