B.C.S.: 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.S.
Largest movements
- Tangible fixed assets +€55,030
up €55,030 (+69.5%), from €79,124 to €134,154
of which Plant, machinery and equipment: +€31,758
- Current investments +€50,222
up €50,222 (+2,092%), from €2,400 to €52,622
- Stocks and contracts +€10,170
up €10,170 (+38.7%), from €26,299 to €36,470
- Cash +€9,726
up €9,726 (+34.8%), from €27,928 to €37,653
mainly Depreciation (+€100,237) and Other debts (+€42,572)
- Other debts +€42,572
up €42,572 (+18.8%), from €226,150 to €268,722
- Debts after one year +€25,000
new in 2024: €25,000
- Trade debts +€17,451
up €17,451 (+17.1%), from €101,758 to €119,209
- Tax, wage and social debts +€15,946
up €15,946 (+142%), from €11,204 to €27,151
of which Taxes: +€14,400
- Accrued charges and deferred income +€13,950
new in 2024: €13,950
- Gross operating margin +€15,938
up €15,938 (+16.2%), from €98,237 to €114,174
- Depreciation +€14,326
up €14,326 (+16.7%), from €85,911 to €100,237
- Taxes +€2,794
up €2,794 (+97.9%), from €2,854 to €5,648
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €392,747 | €511,375 | +€118,628 | +30.2% |
| Fixed assets | 21/28 | €79,124 | €134,154 | +€55,030 | +69.5% |
| Tangible fixed assets | 22/27 | €79,124 | €134,154 | +€55,030 | +69.5% |
| Plant, machinery and equipment | 23 | €70,026 | €101,784 | +€31,758 | +45.4% |
| Furniture and vehicles | 24 | €9,098 | €32,370 | +€23,272 | +256% |
| Current assets | 29/58 | €313,622 | €377,221 | +€63,598 | +20.3% |
| Stocks and contracts in progress | 3 | €26,299 | €36,470 | +€10,170 | +38.7% |
| Stocks | 30/36 | €26,299 | €36,470 | +€10,170 | +38.7% |
| Amounts receivable within one year | 40/41 | €237,756 | €232,693 | -€5,063 | -2.1% |
| Trade receivables | 40 | €236,331 | €232,065 | -€4,266 | -1.8% |
| Other amounts receivable | 41 | €1,426 | €628 | -€797 | -55.9% |
| Current investments | 50/53 | €2,400 | €52,622 | +€50,222 | +2,092% |
| Cash at bank and in hand | 54/58 | €27,928 | €37,653 | +€9,726 | +34.8% |
| Deferred charges and accrued income | 490/1 | €19,239 | €17,782 | -€1,457 | -7.6% |
| Total equity and liabilities | 10/49 | €392,747 | €511,375 | +€118,628 | +30.2% |
| Equity | 10/15 | -€124,247 | -€120,539 | +€3,708 | +3.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€146,247 | -€142,539 | +€3,708 | +2.5% |
| Amounts payable | 17/49 | €516,994 | €631,913 | +€114,920 | +22.2% |
| Amounts payable after more than one year | 17 | - | €25,000 | +€25,000 | |
| Financial debts | 170/4 | - | €25,000 | +€25,000 | |
| Amounts payable within one year | 42/48 | €516,994 | €592,963 | +€75,970 | +14.7% |
| Trade debts | 44 | €101,758 | €119,209 | +€17,451 | +17.1% |
| Suppliers | 440/4 | €101,758 | €119,209 | +€17,451 | +17.1% |
| Advances received on contracts in progress | 46 | €177,881 | €177,881 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €11,204 | €27,151 | +€15,946 | +142% |
| Taxes | 450/3 | €11,204 | €25,605 | +€14,400 | +129% |
| Remuneration and social security | 454/9 | - | €1,546 | +€1,546 | |
| Other amounts payable | 47/48 | €226,150 | €268,722 | +€42,572 | +18.8% |
| Accrued charges and deferred income | 492/3 | - | €13,950 | +€13,950 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,911 | €100,237 | +€14,326 | +16.7% |
| Other operating charges | 640/8 | €2,442 | €3,351 | +€909 | +37.2% |
| Non-recurring operating charges | 66A | €75,684 | - | -€75,684 | |
| Gross operating margin | 9900 | €98,237 | €114,174 | +€15,938 | +16.2% |
| Operating profit (loss) | 9901 | -€65,799 | €10,586 | +€76,386 | |
| Financial income | 75/76B | €1,004 | €342 | -€662 | -65.9% |
| Recurring financial income | 75 | €1,004 | €342 | -€662 | -65.9% |
| Financial charges | 65/66B | €937 | €1,572 | +€636 | +67.9% |
| Recurring financial charges | 65 | €937 | €1,572 | +€636 | +67.9% |
| Profit (loss) for the period before taxes | 9903 | -€65,732 | €9,356 | +€75,088 | |
| Income taxes | 67/77 | €2,854 | €5,648 | +€2,794 | +97.9% |
| Profit (loss) for the period | 9904 | -€68,587 | €3,708 | +€72,295 | |
| Profit (loss) for the period to be appropriated | 9905 | -€68,587 | €3,708 | +€72,295 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.