B.C.I.: 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.
B.C.I.
Largest movements
- Receivables within one year +€845,704
up €845,704 (+1,525%), from €55,469 to €901,173
of which Other amounts receivable: +€859,063
- Stocks and contracts -€417,050
down €417,050 (-22.8%), from €1.8m to €1.4m
- Short-term financial debts +€305,000
up €305,000 (+188%), from €162,500 to €467,500
- Reserves +€86,613
up €86,613 (+5.7%), from €1.5m to €1.6m
of which Distributable reserves: +€92,933
- Advances received +€45,469
new in 2025: €45,469
- Gross operating margin -€22,819
down €22,819 (-14.5%), from €157,541 to €134,722
- Taxes -€5,213
down €5,213 (-13.2%), from €39,447 to €34,234
- Financial income +€5,028
up €5,028 (+200%), from €2,510 to €7,538
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.
Derived cash bridge
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 | €1,895,558 | €2,322,176 | +€426,618 | +22.5% |
| Fixed assets | 21/28 | €4,827 | €2,776 | -€2,051 | -42.5% |
| Tangible fixed assets | 22/27 | €4,827 | €2,776 | -€2,051 | -42.5% |
| Furniture and vehicles | 24 | €4,827 | €2,776 | -€2,051 | -42.5% |
| Current assets | 29/58 | €1,890,731 | €2,319,400 | +€428,669 | +22.7% |
| Stocks and contracts in progress | 3 | €1,831,500 | €1,414,450 | -€417,050 | -22.8% |
| Stocks | 30/36 | €1,831,500 | €1,414,450 | -€417,050 | -22.8% |
| Amounts receivable within one year | 40/41 | €55,469 | €901,173 | +€845,704 | +1,525% |
| Trade receivables | 40 | €13,359 | - | -€13,359 | |
| Other amounts receivable | 41 | €42,110 | €901,173 | +€859,063 | +2,040% |
| Cash at bank and in hand | 54/58 | €3,762 | €3,321 | -€441 | -11.7% |
| Deferred charges and accrued income | 490/1 | - | €456 | +€456 | |
| Total equity and liabilities | 10/49 | €1,895,558 | €2,322,176 | +€426,618 | +22.5% |
| Equity | 10/15 | €1,626,139 | €1,712,752 | +€86,613 | +5.3% |
| Contributions | 10/11 | €63,200 | €63,200 | = | 0.0% |
| Contributions outside capital | 11 | €63,200 | €63,200 | = | 0.0% |
| Other | 1109/19 | €63,200 | €63,200 | = | 0.0% |
| Reserves | 13 | €1,519,171 | €1,605,784 | +€86,613 | +5.7% |
| Non-distributable reserves | 130/1 | €6,320 | - | -€6,320 | |
| Reserves not available under the articles | 1311 | €6,320 | - | -€6,320 | |
| Distributable reserves | 133 | €1,512,851 | €1,605,784 | +€92,933 | +6.1% |
| Profit (loss) carried forward | 14 | €43,768 | €43,768 | = | 0.0% |
| Amounts payable | 17/49 | €269,419 | €609,424 | +€340,005 | +126% |
| Amounts payable within one year | 42/48 | €269,419 | €609,424 | +€340,005 | +126% |
| Financial debts | 43 | €162,500 | €467,500 | +€305,000 | +188% |
| Credit institutions | 430/8 | €162,500 | €467,500 | +€305,000 | +188% |
| Trade debts | 44 | €108 | - | -€108 | |
| Suppliers | 440/4 | €108 | - | -€108 | |
| Advances received on contracts in progress | 46 | - | €45,469 | +€45,469 | |
| Taxes, remuneration and social security | 45 | €18,502 | €10,303 | -€8,199 | -44.3% |
| Taxes | 450/3 | €18,479 | €10,303 | -€8,176 | -44.2% |
| Remuneration and social security | 454/9 | €23 | - | -€23 | |
| Other amounts payable | 47/48 | €88,309 | €86,152 | -€2,157 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,997 | €2,051 | +€54 | +2.7% |
| Other operating charges | 640/8 | €1,919 | €2,680 | +€761 | +39.7% |
| Gross operating margin | 9900 | €157,541 | €134,722 | -€22,819 | -14.5% |
| Operating profit (loss) | 9901 | €153,625 | €129,991 | -€23,634 | -15.4% |
| Financial income | 75/76B | €2,510 | €7,538 | +€5,028 | +200% |
| Recurring financial income | 75 | €2,510 | €7,538 | +€5,028 | +200% |
| Financial charges | 65/66B | €14,873 | €13,682 | -€1,191 | -8.0% |
| Recurring financial charges | 65 | €14,873 | €13,682 | -€1,191 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €141,262 | €123,847 | -€17,415 | -12.3% |
| Income taxes | 67/77 | €39,447 | €34,234 | -€5,213 | -13.2% |
| Profit (loss) for the period | 9904 | €101,815 | €89,613 | -€12,202 | -12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €101,815 | €89,613 | -€12,202 | -12.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.