BC-CON: 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.
BC-CON
Largest movements
- Receivables after one year -€21,462
down €21,462 (-100.0%), from €21,462 to €0
- Receivables within one year -€16,536
down €16,536 (-63.6%), from €25,994 to €9,458
of which Trade receivables: -€18,949
- Tangible fixed assets -€8,733
down €8,733 (-1.8%), from €474,109 to €465,376
of which Land and buildings: -€8,461
- Reserves -€25,844
down €25,844 (-15.6%), from €165,947 to €140,104
of which Distributable reserves: -€25,844
- Debts after one year -€17,764
down €17,764 (-6.0%), from €293,682 to €275,918
- Gross operating margin -€20,891
down €20,891 (-87.2%), from €23,948 to €3,057
- Financial charges +€2,912
up €2,912 (+50.4%), from €5,771 to €8,683
- Financial income -€1,531
down €1,531 (-100.0%), from €1,531 to €0
- Taxes -€1,018
down €1,018 (-68.4%), from €1,488 to €469
- Depreciation +€413
up €413 (+2.6%), from €16,009 to €16,423
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 | €530,203 | €486,831 | -€43,372 | -8.2% |
| Fixed assets | 21/28 | €475,235 | €466,502 | -€8,733 | -1.8% |
| Tangible fixed assets | 22/27 | €474,109 | €465,376 | -€8,733 | -1.8% |
| Land and buildings | 22 | €473,024 | €464,564 | -€8,461 | -1.8% |
| Furniture and vehicles | 24 | €1,085 | €812 | -€273 | -25.1% |
| Financial fixed assets | 28 | €1,126 | €1,126 | = | 0.0% |
| Current assets | 29/58 | €54,967 | €20,329 | -€34,638 | -63.0% |
| Amounts receivable after more than one year | 29 | €21,462 | €0 | -€21,462 | -100.0% |
| Other amounts receivable | 291 | €21,462 | €0 | -€21,462 | -100.0% |
| Amounts receivable within one year | 40/41 | €25,994 | €9,458 | -€16,536 | -63.6% |
| Trade receivables | 40 | €25,994 | €7,045 | -€18,949 | -72.9% |
| Other amounts receivable | 41 | €0 | €2,413 | +€2,413 | |
| Current investments | 50/53 | €10 | €10 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,971 | €6,868 | +€3,897 | +131.2% |
| Deferred charges and accrued income | 490/1 | €4,531 | €3,994 | -€537 | -11.9% |
| Total equity and liabilities | 10/49 | €530,203 | €486,831 | -€43,372 | -8.2% |
| Equity | 10/15 | €178,347 | €152,504 | -€25,844 | -14.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €165,947 | €140,104 | -€25,844 | -15.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,050 | €2,050 | = | 0.0% |
| Distributable reserves | 133 | €162,037 | €136,193 | -€25,844 | -15.9% |
| Amounts payable | 17/49 | €351,855 | €334,328 | -€17,528 | -5.0% |
| Amounts payable after more than one year | 17 | €293,682 | €275,918 | -€17,764 | -6.0% |
| Financial debts | 170/4 | €293,682 | €275,918 | -€17,764 | -6.0% |
| Amounts payable within one year | 42/48 | €58,173 | €58,409 | +€237 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €17,505 | €17,764 | +€259 | +1.5% |
| Financial debts | 43 | €28 | €0 | -€28 | -100.0% |
| Credit institutions | 430/8 | €28 | €0 | -€28 | -100.0% |
| Trade debts | 44 | €4,128 | €7,077 | +€2,949 | +71.4% |
| Suppliers | 440/4 | €4,128 | €7,077 | +€2,949 | +71.4% |
| Taxes, remuneration and social security | 45 | €4,158 | €2,099 | -€2,060 | -49.5% |
| Taxes | 450/3 | €4,158 | €2,099 | -€2,060 | -49.5% |
| Other amounts payable | 47/48 | €32,354 | €31,470 | -€884 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,009 | €16,423 | +€413 | +2.6% |
| Other operating charges | 640/8 | €3,340 | €3,326 | -€15 | -0.4% |
| Gross operating margin | 9900 | €23,948 | €3,057 | -€20,891 | -87.2% |
| Operating profit (loss) | 9901 | €4,598 | -€16,691 | -€21,290 | |
| Financial income | 75/76B | €1,531 | €0 | -€1,531 | -100.0% |
| Recurring financial income | 75 | €1,531 | €0 | -€1,531 | -100.0% |
| Financial charges | 65/66B | €5,771 | €8,683 | +€2,912 | +50.4% |
| Recurring financial charges | 65 | €5,771 | €8,683 | +€2,912 | +50.4% |
| Profit (loss) for the period before taxes | 9903 | €358 | -€25,374 | -€25,732 | |
| Income taxes | 67/77 | €1,488 | €469 | -€1,018 | -68.4% |
| Profit (loss) for the period | 9904 | -€1,130 | -€25,844 | -€24,714 | -2187.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,130 | -€25,844 | -€24,714 | -2187.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2024 and 31 January 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.