BBCA BELGIUM: 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.
BBCA BELGIUM
Largest movements
- Cash -€1.6m
down €1.6m (-78.7%), from €2.0m to €425,350
mainly Trade debts (-€3.2m) and Investment in fixed assets (net) (-€153,143)
- Receivables within one year -€1.2m
down €1.2m (-28.3%), from €4.2m to €3.0m
of which Trade receivables: -€1.0m
- Trade debts -€3.2m
down €3.2m (-27.2%), from €11.7m to €8.5m
- Reserves +€383,175
up €383,175 (+12.6%), from €3.0m to €3.4m
of which Distributable reserves: +€383,175
- Gross operating margin +€418,716
up €418,716 (+47.8%), from €875,912 to €1.3m
- Financial income -€89,463
down €89,463 (-87.6%), from €102,163 to €12,699
- Taxes +€64,842
up €64,842 (+71.3%), from €90,908 to €155,750
- Financial charges +€57,041
up €57,041 (+39.4%), from €144,932 to €201,973
- Staff costs +€39,729
up €39,729 (+9.5%), from €420,150 to €459,878
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.
Cash bridge derived
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 | €20,484,928 | €17,601,791 | -€2.9m | -14.1% |
| Fixed assets | 21/28 | €1,318,880 | €1,389,735 | +€70,855 | +5.4% |
| Tangible fixed assets | 22/27 | €1,181,880 | €1,147,735 | -€34,145 | -2.9% |
| Land and buildings | 22 | €1,131,277 | €1,065,554 | -€65,723 | -5.8% |
| Plant, machinery and equipment | 23 | €28,365 | €62,779 | +€34,414 | +121.3% |
| Furniture and vehicles | 24 | €22,238 | €19,401 | -€2,836 | -12.8% |
| Financial fixed assets | 28 | €137,000 | €242,000 | +€105,000 | +76.6% |
| Current assets | 29/58 | €19,166,048 | €16,212,056 | -€3.0m | -15.4% |
| Stocks and contracts in progress | 3 | €12,917,726 | €12,730,929 | -€186,798 | -1.4% |
| Stocks | 30/36 | €12,917,726 | €12,730,929 | -€186,798 | -1.4% |
| Amounts receivable within one year | 40/41 | €4,226,813 | €3,030,904 | -€1.2m | -28.3% |
| Trade receivables | 40 | €3,628,937 | €2,622,989 | -€1.0m | -27.7% |
| Other amounts receivable | 41 | €597,876 | €407,915 | -€189,961 | -31.8% |
| Cash at bank and in hand | 54/58 | €1,996,653 | €425,350 | -€1.6m | -78.7% |
| Deferred charges and accrued income | 490/1 | €24,856 | €24,874 | +€18 | +0.1% |
| Total equity and liabilities | 10/49 | €20,484,928 | €17,601,791 | -€2.9m | -14.1% |
| Equity | 10/15 | €3,130,331 | €3,513,505 | +€383,175 | +12.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €3,030,331 | €3,413,505 | +€383,175 | +12.6% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €3,020,331 | €3,403,505 | +€383,175 | +12.7% |
| Amounts payable | 17/49 | €17,354,597 | €14,088,286 | -€3.3m | -18.8% |
| Amounts payable after more than one year | 17 | €5,521,960 | €5,384,740 | -€137,220 | -2.5% |
| Other amounts payable | 178/9 | €5,521,960 | €5,384,740 | -€137,220 | -2.5% |
| Amounts payable within one year | 42/48 | €11,832,637 | €8,703,546 | -€3.1m | -26.4% |
| Trade debts | 44 | €11,702,141 | €8,516,668 | -€3.2m | -27.2% |
| Suppliers | 440/4 | €11,702,141 | €8,516,668 | -€3.2m | -27.2% |
| Advances received on contracts in progress | 46 | €66,930 | €0 | -€66,930 | -100.0% |
| Taxes, remuneration and social security | 45 | €63,567 | €186,878 | +€123,311 | +194.0% |
| Taxes | 450/3 | €4,201 | €125,931 | +€121,731 | +2897.8% |
| Remuneration and social security | 454/9 | €59,366 | €60,947 | +€1,581 | +2.7% |
| Non-recurring operating income | 76A | €2,190 | €0 | -€2,190 | -100.0% |
| Remuneration, social security and pensions | 62 | €420,150 | €459,878 | +€39,729 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,754 | €82,288 | +€9,534 | +13.1% |
| Other operating charges | 640/8 | €25,882 | €24,264 | -€1,617 | -6.2% |
| Gross operating margin | 9900 | €875,912 | €1,294,629 | +€418,716 | +47.8% |
| Operating profit (loss) | 9901 | €357,127 | €728,198 | +€371,071 | +103.9% |
| Financial income | 75/76B | €102,163 | €12,699 | -€89,463 | -87.6% |
| Recurring financial income | 75 | €102,163 | €12,699 | -€89,463 | -87.6% |
| Financial charges | 65/66B | €144,932 | €201,973 | +€57,041 | +39.4% |
| Recurring financial charges | 65 | €144,932 | €201,973 | +€57,041 | +39.4% |
| Profit (loss) for the period before taxes | 9903 | €314,358 | €538,925 | +€224,567 | +71.4% |
| Income taxes | 67/77 | €90,908 | €155,750 | +€64,842 | +71.3% |
| Profit (loss) for the period | 9904 | €223,450 | €383,175 | +€159,725 | +71.5% |
| Profit (loss) for the period to be appropriated | 9905 | €223,450 | €383,175 | +€159,725 | +71.5% |
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 10 October 2026 via checked.be.