B.C.: what changed
Two fiscal 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.
B.C.
Largest movements
- Receivables after one year +€7.9m
new in 2025: €7.9m
- Receivables within one year -€7.8m
down €7.8m (-92.6%), from €8.5m to €625,931
of which Other amounts receivable: -€8.0m
- Cash +€230,969
up €230,969 (+83.5%), from €276,560 to €507,529
mainly Receivables within one year (+€7.8m) and Other debts (+€3.5m)
- Other debts +€3.5m
up €3.5m (+12673.8%), from €27,616 to €3.5m
- Profit (loss) carried forward -€2.0m
no longer reported in 2025 (was €2.0m)
- Reserves -€1.4m
down €1.4m (-62.9%), from €2.3m to €844,174
of which Distributable reserves: -€1.4m
- Tax, wage and social debts +€118,229
up €118,229 (+21.6%), from €548,157 to €666,386
of which Remuneration and social security: +€138,800
- Services and other goods +€338,672
up €338,672 (+14.7%), from €2.3m to €2.6m
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 | €8,786,829 | €9,034,372 | +€247,544 | +2.8% |
| Fixed assets | 21/28 | €2,734 | €2,734 | = | 0.0% |
| Financial fixed assets | 28 | €2,734 | €2,734 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,734 | €2,734 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,734 | €2,734 | = | 0.0% |
| Current assets | 29/58 | €8,784,094 | €9,031,638 | +€247,544 | +2.8% |
| Amounts receivable after more than one year | 29 | - | €7,863,778 | +€7.9m | |
| Other amounts receivable | 291 | - | €7,863,778 | +€7.9m | |
| Amounts receivable within one year | 40/41 | €8,474,374 | €625,931 | -€7.8m | -92.6% |
| Trade receivables | 40 | €418,176 | €597,635 | +€179,459 | +42.9% |
| Other amounts receivable | 41 | €8,056,198 | €28,296 | -€8.0m | -99.6% |
| Cash at bank and in hand | 54/58 | €276,560 | €507,529 | +€230,969 | +83.5% |
| Deferred charges and accrued income | 490/1 | €33,160 | €34,400 | +€1,240 | +3.7% |
| Total equity and liabilities | 10/49 | €8,786,829 | €9,034,372 | +€247,544 | +2.8% |
| Equity | 10/15 | €4,802,151 | €1,351,594 | -€3.5m | -71.9% |
| Contributions | 10/11 | €507,420 | €507,420 | = | 0.0% |
| Capital | 10 | €507,420 | €507,420 | = | 0.0% |
| Issued capital | 100 | €507,420 | €507,420 | = | 0.0% |
| Reserves | 13 | €2,275,742 | €844,174 | -€1.4m | -62.9% |
| Non-distributable reserves | 130/1 | €50,742 | €50,742 | = | 0.0% |
| Legal reserve | 130 | €50,742 | €50,742 | = | 0.0% |
| Distributable reserves | 133 | €2,225,000 | €793,432 | -€1.4m | -64.3% |
| Profit (loss) carried forward | 14 | €2,018,990 | - | -€2.0m | |
| Amounts payable | 17/49 | €3,984,677 | €7,682,779 | +€3.7m | +92.8% |
| Amounts payable within one year | 42/48 | €3,940,412 | €7,637,242 | +€3.7m | +93.8% |
| Trade debts | 44 | €3,364,639 | €3,443,240 | +€78,601 | +2.3% |
| Suppliers | 440/4 | €3,364,639 | €3,443,240 | +€78,601 | +2.3% |
| Taxes, remuneration and social security | 45 | €548,157 | €666,386 | +€118,229 | +21.6% |
| Taxes | 450/3 | €118,032 | €97,461 | -€20,571 | -17.4% |
| Remuneration and social security | 454/9 | €430,125 | €568,925 | +€138,800 | +32.3% |
| Other amounts payable | 47/48 | €27,616 | €3,527,616 | +€3.5m | +12673.8% |
| Accrued charges and deferred income | 492/3 | €44,265 | €45,537 | +€1,271 | +2.9% |
| Operating income | 70/76A | €31,685,867 | €31,728,065 | +€42,197 | +0.1% |
| Turnover | 70 | €31,533,538 | €31,606,757 | +€73,219 | +0.2% |
| Other operating income | 74 | €152,329 | €121,308 | -€31,021 | -20.4% |
| Operating charges | 60/66A | €31,506,645 | €31,640,762 | +€134,116 | +0.4% |
| Goods for resale, raw materials and consumables | 60 | €26,255,604 | €26,127,040 | -€128,564 | -0.5% |
| Purchases | 600/8 | €26,255,604 | €26,127,040 | -€128,564 | -0.5% |
| Services and other goods | 61 | €2,303,998 | €2,642,670 | +€338,672 | +14.7% |
| Remuneration, social security and pensions | 62 | €2,874,642 | €2,799,278 | -€75,363 | -2.6% |
| Other operating charges | 640/8 | €72,402 | €71,774 | -€628 | -0.9% |
| Operating profit (loss) | 9901 | €179,222 | €87,303 | -€91,919 | -51.3% |
| Financial charges | 65/66B | €12,297 | €11,471 | -€825 | -6.7% |
| Recurring financial charges | 65 | €12,297 | €11,471 | -€825 | -6.7% |
| Other financial charges | 652/9 | €12,297 | €11,471 | -€825 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €166,925 | €75,832 | -€91,094 | -54.6% |
| Income taxes | 67/77 | €48,630 | €26,390 | -€22,241 | -45.7% |
| Taxes | 670/3 | €48,630 | €26,390 | -€22,241 | -45.7% |
| Profit (loss) for the period | 9904 | €118,295 | €49,442 | -€68,853 | -58.2% |
| Profit (loss) for the period to be appropriated | 9905 | €118,295 | €49,442 | -€68,853 | -58.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.