BC Express: 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 Express
Largest movements
- Cash -€57,183
down €57,183 (-39.3%), from €145,618 to €88,435
mainly Trade debts (-€48,159) and Tax, wage and social debts (-€30,061)
- Receivables within one year -€21,377
down €21,377 (-23.8%), from €89,796 to €68,418
of which Trade receivables: -€46,126
- Tangible fixed assets +€8,551
up €8,551 (+36.4%), from €23,523 to €32,074
of which Furniture and vehicles: +€9,071
- Trade debts -€48,159
down €48,159 (-49.1%), from €98,159 to €50,000
- Tax, wage and social debts -€30,061
down €30,061 (-78.7%), from €38,204 to €8,143
of which Taxes: -€30,061
- Reserves +€7,000
up €7,000 (+5.5%), from €127,000 to €134,000
- Gross operating margin -€85,661
down €85,661 (-75.9%), from €112,792 to €27,131
- Taxes -€24,072
down €24,072 (-84.3%), from €28,550 to €4,478
- Depreciation +€6,925
up €6,925 (+81.2%), from €8,524 to €15,449
- Other operating charges -€3,227
down €3,227 (-69.8%), from €4,622 to €1,395
- Financial income +€1,659
up €1,659 (+170.5%), from €973 to €2,632
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 | €267,937 | €197,928 | -€70,009 | -26.1% |
| Fixed assets | 21/28 | €32,523 | €41,074 | +€8,551 | +26.3% |
| Tangible fixed assets | 22/27 | €23,523 | €32,074 | +€8,551 | +36.4% |
| Land and buildings | 22 | €17,142 | €16,622 | -€520 | -3.0% |
| Furniture and vehicles | 24 | €6,381 | €15,452 | +€9,071 | +142.2% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €235,414 | €156,854 | -€78,560 | -33.4% |
| Amounts receivable within one year | 40/41 | €89,796 | €68,418 | -€21,377 | -23.8% |
| Trade receivables | 40 | €53,616 | €7,490 | -€46,126 | -86.0% |
| Other amounts receivable | 41 | €36,179 | €60,928 | +€24,749 | +68.4% |
| Cash at bank and in hand | 54/58 | €145,618 | €88,435 | -€57,183 | -39.3% |
| Total equity and liabilities | 10/49 | €267,937 | €197,928 | -€70,009 | -26.1% |
| Equity | 10/15 | €131,574 | €139,785 | +€8,211 | +6.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €127,000 | €134,000 | +€7,000 | +5.5% |
| Distributable reserves | 133 | €127,000 | €134,000 | +€7,000 | +5.5% |
| Profit (loss) carried forward | 14 | €574 | €1,785 | +€1,211 | +211.0% |
| Amounts payable | 17/49 | €136,363 | €58,143 | -€78,220 | -57.4% |
| Amounts payable within one year | 42/48 | €136,363 | €58,143 | -€78,220 | -57.4% |
| Trade debts | 44 | €98,159 | €50,000 | -€48,159 | -49.1% |
| Suppliers | 440/4 | €98,159 | €50,000 | -€48,159 | -49.1% |
| Taxes, remuneration and social security | 45 | €38,204 | €8,143 | -€30,061 | -78.7% |
| Taxes | 450/3 | €35,204 | €5,143 | -€30,061 | -85.4% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,524 | €15,449 | +€6,925 | +81.2% |
| Other operating charges | 640/8 | €4,622 | €1,395 | -€3,227 | -69.8% |
| Gross operating margin | 9900 | €112,792 | €27,131 | -€85,661 | -75.9% |
| Operating profit (loss) | 9901 | €99,646 | €10,287 | -€89,359 | -89.7% |
| Financial income | 75/76B | €973 | €2,632 | +€1,659 | +170.5% |
| Recurring financial income | 75 | €973 | €2,632 | +€1,659 | +170.5% |
| Financial charges | 65/66B | €289 | €230 | -€59 | -20.4% |
| Recurring financial charges | 65 | €289 | €230 | -€59 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €100,330 | €12,689 | -€87,641 | -87.4% |
| Income taxes | 67/77 | €28,550 | €4,478 | -€24,072 | -84.3% |
| Profit (loss) for the period | 9904 | €71,780 | €8,211 | -€63,569 | -88.6% |
| Profit (loss) for the period to be appropriated | 9905 | €71,780 | €8,211 | -€63,569 | -88.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.