Skip to content

BACOM TECH: 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.

What changed

BACOM TECH

BE 0795.836.302
NACE 42.220, Construction of utility projects for electricity and telecommunications
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€7,680
2023 · €24,108-€16,429
Equity
€41,788
2023 · €34,108+€7,680
Cash
€2,556
2023 · €3,445-€889
Balance sheet total
€208,342
2023 · €100,794+€107,548

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets +€68,779

    up €68,779 (+325.3%), from €21,146 to €89,925

    of which Furniture and vehicles: +€72,935

  • Receivables within one year +€39,657

    up €39,657 (+52.0%), from €76,203 to €115,860

    of which Other amounts receivable: +€27,986

Equity and liabilities
  • Trade debts +€71,804

    up €71,804 (+523.1%), from €13,727 to €85,531

  • Tax, wage and social debts +€19,007

    up €19,007 (+99.3%), from €19,144 to €38,151

    of which Remuneration and social security: +€16,942

  • Other debts -€8,748

    down €8,748 (-52.7%), from €16,602 to €7,854

  • Debts after one year +€8,439

    up €8,439 (+60.2%), from €14,018 to €22,457

  • Current portion of long-term debt +€7,916

    up €7,916 (+247.8%), from €3,195 to €11,111

Income statement
  • Purchases and services +€236,660

    new in 2024: €236,660

  • Gross operating margin +€95,176

    up €95,176 (+194.3%), from €48,972 to €144,148

  • Staff costs +€90,724

    up €90,724 (+571.1%), from €15,887 to €106,611

  • Financial charges +€16,712

    up €16,712 (+1909.3%), from €875 to €17,587

    of which Non-recurring financial charges: +€16,545

  • Depreciation +€9,934

    up €9,934 (+441.9%), from €2,248 to €12,182

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €24,108
Gross operating margin +€95,176
Staff costs -€90,724
Depreciation -€9,934
Other operating charges -€88
Financial income -€0
Financial charges -€16,712
Taxes +€5,854
Result 2024 €7,680

Cash bridge derived

cash 2023 to 2024

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.

From operations +€63,718
Investment -€80,962
Financing +€16,355
Cash 2023 €3,445
Net result for the year +€7,680
Depreciation +€12,182
Receivables within one year -€39,657
Trade debts +€71,804
Tax, wage and social debts +€19,007
Advances received +€1,450
Other debts -€8,748
Investment in fixed assets (net) -€80,962
Debts after one year +€8,439
Current portion of long-term debt +€7,916
Cash 2024 €2,556
Every line side by side 41 lines
Line Code 2023 2024 Change %
Total assets 20/58 €100,794 €208,342 +€107,548 +106.7%
Fixed assets 21/28 €21,146 €89,925 +€68,779 +325.3%
Tangible fixed assets 22/27 €21,146 €89,925 +€68,779 +325.3%
Furniture and vehicles 24 €2,339 €75,274 +€72,935 +3118.3%
Leasing and similar rights 25 €18,807 €14,651 -€4,155 -22.1%
Current assets 29/58 €79,648 €118,417 +€38,769 +48.7%
Amounts receivable within one year 40/41 €76,203 €115,860 +€39,657 +52.0%
Trade receivables 40 €72,136 €83,807 +€11,671 +16.2%
Other amounts receivable 41 €4,067 €32,054 +€27,986 +688.1%
Cash at bank and in hand 54/58 €3,445 €2,556 -€889 -25.8%
Total equity and liabilities 10/49 €100,794 €208,342 +€107,548 +106.7%
Equity 10/15 €34,108 €41,788 +€7,680 +22.5%
Contributions 10/11 €10,000 €10,000 = 0.0%
Profit (loss) carried forward 14 €24,108 €31,788 +€7,680 +31.9%
Amounts payable 17/49 €66,685 €166,553 +€99,868 +149.8%
Amounts payable after more than one year 17 €14,018 €22,457 +€8,439 +60.2%
Financial debts 170/4 €14,018 €22,457 +€8,439 +60.2%
Amounts payable within one year 42/48 €52,668 €144,097 +€91,429 +173.6%
Current portion of amounts payable after more than one year 42 €3,195 €11,111 +€7,916 +247.8%
Trade debts 44 €13,727 €85,531 +€71,804 +523.1%
Suppliers 440/4 €13,727 €85,531 +€71,804 +523.1%
Advances received on contracts in progress 46 - €1,450 +€1,450
Taxes, remuneration and social security 45 €19,144 €38,151 +€19,007 +99.3%
Taxes 450/3 €7,150 €9,215 +€2,065 +28.9%
Remuneration and social security 454/9 €11,994 €28,936 +€16,942 +141.3%
Other amounts payable 47/48 €16,602 €7,854 -€8,748 -52.7%
Goods, raw materials, services and sundry goods 60/61 - €236,660 +€236,660
Remuneration, social security and pensions 62 €15,887 €106,611 +€90,724 +571.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,248 €12,182 +€9,934 +441.9%
Other operating charges 640/8 - €88 +€88
Gross operating margin 9900 €48,972 €144,148 +€95,176 +194.3%
Operating profit (loss) 9901 €30,838 €25,267 -€5,571 -18.1%
Financial income 75/76B €0 - -€0
Recurring financial income 75 €0 - -€0
Financial charges 65/66B €875 €17,587 +€16,712 +1909.3%
Recurring financial charges 65 €875 €1,042 +€167 +19.1%
Non-recurring financial charges 66B - €16,545 +€16,545
Profit (loss) for the period before taxes 9903 €29,962 €7,680 -€22,282 -74.4%
Income taxes 67/77 €5,854 - -€5,854
Profit (loss) for the period 9904 €24,108 €7,680 -€16,429 -68.1%
Profit (loss) for the period to be appropriated 9905 €24,108 €7,680 -€16,429 -68.1%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.