B.C.PRINT: 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.PRINT
Largest movements
- Stocks and contracts +€48,147
up €48,147 (+42.2%), from €114,222 to €162,369
- Tangible fixed assets -€30,662
down €30,662 (-10.2%), from €301,104 to €270,442
- Current investments +€13,993
up €13,993 (+109%), from €12,820 to €26,813
- Cash +€12,587
up €12,587 (+75.5%), from €16,680 to €29,267
mainly Net result for the year (+€57,842) and Depreciation (+€35,903)
- Reserves +€56,842
up €56,842 (+247%), from €23,007 to €79,849
- Debts after one year -€25,982
down €25,982 (-13.7%), from €189,462 to €163,480
- Tax, wage and social debts +€22,203
up €22,203 (+26.7%), from €83,121 to €105,324
of which Remuneration and social security: +€15,198
- Trade debts -€14,797
down €14,797 (-8.5%), from €173,971 to €159,174
- Provisions +€13,830
up €13,830 (+87.9%), from €15,726 to €29,556
of which Provisions for liabilities and charges: +€14,000
- Staff costs -€74,421
down €74,421 (-26.6%), from €280,260 to €205,839
- Gross operating margin -€31,896
down €31,896 (-8.5%), from €373,379 to €341,483
- Other operating charges -€8,599
down €8,599 (-61.0%), from €14,106 to €5,507
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 | €599,849 | €645,370 | +€45,521 | +7.6% |
| Fixed assets | 21/28 | €303,219 | €271,938 | -€31,281 | -10.3% |
| Intangible fixed assets | 21 | €1,597 | €978 | -€618 | -38.7% |
| Tangible fixed assets | 22/27 | €301,104 | €270,442 | -€30,662 | -10.2% |
| Land and buildings | 22 | €178,489 | €172,631 | -€5,859 | -3.3% |
| Plant, machinery and equipment | 23 | €1,334 | €1,021 | -€313 | -23.5% |
| Furniture and vehicles | 24 | €47,656 | €33,877 | -€13,779 | -28.9% |
| Other tangible fixed assets | 26 | €73,625 | €62,914 | -€10,711 | -14.5% |
| Financial fixed assets | 28 | €518 | €518 | = | 0.0% |
| Current assets | 29/58 | €296,630 | €373,432 | +€76,801 | +25.9% |
| Stocks and contracts in progress | 3 | €114,222 | €162,369 | +€48,147 | +42.2% |
| Stocks | 30/36 | €114,222 | €162,369 | +€48,147 | +42.2% |
| Amounts receivable within one year | 40/41 | €150,993 | €153,265 | +€2,273 | +1.5% |
| Trade receivables | 40 | €148,630 | €151,543 | +€2,913 | +2.0% |
| Other amounts receivable | 41 | €2,363 | €1,723 | -€640 | -27.1% |
| Current investments | 50/53 | €12,820 | €26,813 | +€13,993 | +109% |
| Cash at bank and in hand | 54/58 | €16,680 | €29,267 | +€12,587 | +75.5% |
| Deferred charges and accrued income | 490/1 | €1,915 | €1,717 | -€198 | -10.3% |
| Total equity and liabilities | 10/49 | €599,849 | €645,370 | +€45,521 | +7.6% |
| Equity | 10/15 | €47,629 | €103,791 | +€56,162 | +118% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | €23,007 | €79,849 | +€56,842 | +247% |
| Distributable reserves | 133 | €23,007 | €79,849 | +€56,842 | +247% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Investment grants | 15 | €11,622 | €10,943 | -€680 | -5.8% |
| Provisions and deferred taxes | 16 | €15,726 | €29,556 | +€13,830 | +87.9% |
| Provisions for liabilities and charges | 160/5 | €12,820 | €26,820 | +€14,000 | +109% |
| Environmental obligations | 163 | - | €26,820 | +€26,820 | |
| Other liabilities and charges | 164/5 | €12,820 | - | -€12,820 | |
| Deferred taxes | 168 | €2,906 | €2,736 | -€170 | -5.8% |
| Amounts payable | 17/49 | €536,494 | €512,023 | -€24,471 | -4.6% |
| Amounts payable after more than one year | 17 | €189,462 | €163,480 | -€25,982 | -13.7% |
| Financial debts | 170/4 | €189,462 | €163,480 | -€25,982 | -13.7% |
| Amounts payable within one year | 42/48 | €347,033 | €347,709 | +€676 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €53,533 | €50,884 | -€2,649 | -4.9% |
| Financial debts | 43 | €11,063 | €19,516 | +€8,453 | +76.4% |
| Credit institutions | 430/8 | €11,063 | €19,516 | +€8,453 | +76.4% |
| Trade debts | 44 | €173,971 | €159,174 | -€14,797 | -8.5% |
| Suppliers | 440/4 | €173,971 | €159,174 | -€14,797 | -8.5% |
| Taxes, remuneration and social security | 45 | €83,121 | €105,324 | +€22,203 | +26.7% |
| Taxes | 450/3 | €45,507 | €52,512 | +€7,005 | +15.4% |
| Remuneration and social security | 454/9 | €37,614 | €52,812 | +€15,198 | +40.4% |
| Other amounts payable | 47/48 | €25,344 | €12,811 | -€12,534 | -49.5% |
| Accrued charges and deferred income | 492/3 | - | €835 | +€835 | |
| Remuneration, social security and pensions | 62 | €280,260 | €205,839 | -€74,421 | -26.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,698 | €35,903 | +€205 | +0.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €12,820 | €14,000 | +€1,180 | +9.2% |
| Other operating charges | 640/8 | €14,106 | €5,507 | -€8,599 | -61.0% |
| Non-recurring operating charges | 66A | €775 | €1,210 | +€435 | +56.2% |
| Gross operating margin | 9900 | €373,379 | €341,483 | -€31,896 | -8.5% |
| Operating profit (loss) | 9901 | €29,720 | €79,023 | +€49,303 | +166% |
| Financial income | 75/76B | €720 | €1,477 | +€757 | +105% |
| Recurring financial income | 75 | €720 | €1,477 | +€757 | +105% |
| Financial charges | 65/66B | €9,748 | €9,684 | -€64 | -0.7% |
| Recurring financial charges | 65 | €9,748 | €9,684 | -€64 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €20,692 | €70,816 | +€50,124 | +242% |
| Transfer from deferred taxes | 780 | €170 | €170 | = | 0.0% |
| Income taxes | 67/77 | €10,253 | €13,144 | +€2,891 | +28.2% |
| Profit (loss) for the period | 9904 | €10,609 | €57,842 | +€47,233 | +445% |
| Profit (loss) for the period to be appropriated | 9905 | €10,609 | €57,842 | +€47,233 | +445% |
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 16 October 2026 via checked.be.