B.I.C.S. ENGINEERING: 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.I.C.S. ENGINEERING
Largest movements
- Tangible fixed assets +€61,601
up €61,601 (+52.1%), from €118,336 to €179,937
of which Furniture and vehicles: +€33,340
- Receivables within one year -€48,086
down €48,086 (-73.3%), from €65,595 to €17,509
of which Trade receivables: -€48,086
- Debts after one year +€49,400
up €49,400 (+115%), from €42,797 to €92,197
of which Financial debts: +€30,400
- Profit (loss) carried forward -€19,903
new in 2025: -€19,903
- Tax, wage and social debts -€11,529
down €11,529 (-96.5%), from €11,942 to €413
of which Remuneration and social security: -€6,601
- Accrued charges and deferred income -€3,837
no longer reported in 2025 (was €3,837)
- Gross operating margin -€31,076
down €31,076 (-45.0%), from €69,058 to €37,982
- Depreciation +€14,362
up €14,362 (+41.9%), from €34,236 to €48,598
- Taxes -€1,931
down €1,931 (-27.3%), from €7,080 to €5,150
- Financial charges +€1,430
up €1,430 (+51.3%), from €2,789 to €4,219
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 | €268,385 | €282,150 | +€13,764 | +5.1% |
| Fixed assets | 21/28 | €118,376 | €179,977 | +€61,601 | +52.0% |
| Tangible fixed assets | 22/27 | €118,336 | €179,937 | +€61,601 | +52.1% |
| Plant, machinery and equipment | 23 | €33,237 | €61,498 | +€28,261 | +85.0% |
| Furniture and vehicles | 24 | €85,100 | €118,440 | +€33,340 | +39.2% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €150,009 | €102,172 | -€47,836 | -31.9% |
| Stocks and contracts in progress | 3 | €2,351 | - | -€2,351 | |
| Stocks | 30/36 | €2,351 | - | -€2,351 | |
| Amounts receivable within one year | 40/41 | €65,595 | €17,509 | -€48,086 | -73.3% |
| Trade receivables | 40 | €64,421 | €16,335 | -€48,086 | -74.6% |
| Other amounts receivable | 41 | €1,174 | €1,174 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €82,063 | €84,664 | +€2,601 | +3.2% |
| Total equity and liabilities | 10/49 | €268,385 | €282,150 | +€13,764 | +5.1% |
| Equity | 10/15 | €178,336 | €158,434 | -€19,903 | -11.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €159,736 | €159,736 | = | 0.0% |
| Distributable reserves | 133 | €159,736 | €159,736 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€19,903 | -€19,903 | |
| Amounts payable | 17/49 | €90,049 | €123,716 | +€33,667 | +37.4% |
| Amounts payable after more than one year | 17 | €42,797 | €92,197 | +€49,400 | +115% |
| Financial debts | 170/4 | €42,797 | €73,197 | +€30,400 | +71.0% |
| Other amounts payable | 178/9 | - | €19,000 | +€19,000 | |
| Amounts payable within one year | 42/48 | €43,415 | €31,519 | -€11,897 | -27.4% |
| Current portion of amounts payable after more than one year | 42 | €28,715 | €28,966 | +€251 | +0.9% |
| Trade debts | 44 | €2,749 | €1,805 | -€944 | -34.3% |
| Suppliers | 440/4 | €2,749 | €1,805 | -€944 | -34.3% |
| Taxes, remuneration and social security | 45 | €11,942 | €413 | -€11,529 | -96.5% |
| Taxes | 450/3 | €5,340 | €413 | -€4,927 | -92.3% |
| Remuneration and social security | 454/9 | €6,601 | - | -€6,601 | |
| Other amounts payable | 47/48 | €10 | €335 | +€325 | +3,342% |
| Accrued charges and deferred income | 492/3 | €3,837 | - | -€3,837 | |
| Non-recurring operating income | 76A | €13,500 | €309 | -€13,191 | -97.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,236 | €48,598 | +€14,362 | +41.9% |
| Other operating charges | 640/8 | €504 | €422 | -€82 | -16.3% |
| Non-recurring operating charges | 66A | €4,303 | - | -€4,303 | |
| Gross operating margin | 9900 | €69,058 | €37,982 | -€31,076 | -45.0% |
| Operating profit (loss) | 9901 | €30,014 | -€11,038 | -€41,052 | |
| Financial income | 75/76B | €758 | €503 | -€255 | -33.6% |
| Recurring financial income | 75 | €758 | €503 | -€255 | -33.6% |
| Financial charges | 65/66B | €2,789 | €4,219 | +€1,430 | +51.3% |
| Recurring financial charges | 65 | €2,789 | €4,219 | +€1,430 | +51.3% |
| Profit (loss) for the period before taxes | 9903 | €27,983 | -€14,753 | -€42,736 | |
| Income taxes | 67/77 | €7,080 | €5,150 | -€1,931 | -27.3% |
| Profit (loss) for the period | 9904 | €20,903 | -€19,903 | -€40,805 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,903 | -€19,903 | -€40,805 |
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 17 October 2026 via checked.be.