BC.M: 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.
BC.M
Largest movements
- Cash +€17,392
up €17,392 (+121.6%), from €14,302 to €31,694
mainly Other debts (+€131,351) and Net result for the year (+€70,515)
- Other debts +€131,351
up €131,351 (+90.0%), from €145,992 to €277,343
- Profit (loss) carried forward -€79,485
down €79,485 (-97.5%), from €81,520 to €2,035
- Debts after one year -€35,201
down €35,201 (-15.0%), from €234,375 to €199,174
- Gross operating margin +€27,925
up €27,925 (+39.8%), from €70,197 to €98,122
- Taxes +€5,086
up €5,086 (+28.4%), from €17,888 to €22,974
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 | €502,391 | €521,783 | +€19,392 | +3.9% |
| Fixed assets | 21/28 | €488,089 | €490,089 | +€2,000 | +0.4% |
| Financial fixed assets | 28 | €488,089 | €490,089 | +€2,000 | +0.4% |
| Current assets | 29/58 | €14,302 | €31,694 | +€17,392 | +121.6% |
| Cash at bank and in hand | 54/58 | €14,302 | €31,694 | +€17,392 | +121.6% |
| Total equity and liabilities | 10/49 | €502,391 | €521,783 | +€19,392 | +3.9% |
| Equity | 10/15 | €93,997 | €14,512 | -€79,485 | -84.6% |
| Contributions | 10/11 | €2,558 | €2,558 | = | 0.0% |
| Reserves | 13 | €9,920 | €9,920 | = | 0.0% |
| Distributable reserves | 133 | €9,920 | €9,920 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,520 | €2,035 | -€79,485 | -97.5% |
| Amounts payable | 17/49 | €408,394 | €507,271 | +€98,877 | +24.2% |
| Amounts payable after more than one year | 17 | €234,375 | €199,174 | -€35,201 | -15.0% |
| Financial debts | 170/4 | €234,375 | €199,174 | -€35,201 | -15.0% |
| Amounts payable within one year | 42/48 | €174,019 | €308,097 | +€134,078 | +77.0% |
| Current portion of amounts payable after more than one year | 42 | €17,127 | €20,429 | +€3,302 | +19.3% |
| Trade debts | 44 | €3,132 | - | -€3,132 | |
| Suppliers | 440/4 | €3,132 | - | -€3,132 | |
| Taxes, remuneration and social security | 45 | €7,768 | €10,325 | +€2,557 | +32.9% |
| Taxes | 450/3 | €7,768 | €10,325 | +€2,557 | +32.9% |
| Other amounts payable | 47/48 | €145,992 | €277,343 | +€131,351 | +90.0% |
| Other operating charges | 640/8 | €1,096 | €599 | -€497 | -45.4% |
| Gross operating margin | 9900 | €70,197 | €98,122 | +€27,925 | +39.8% |
| Operating profit (loss) | 9901 | €69,101 | €97,523 | +€28,422 | +41.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,276 | €4,035 | +€759 | +23.2% |
| Recurring financial charges | 65 | €3,276 | €4,035 | +€759 | +23.2% |
| Profit (loss) for the period before taxes | 9903 | €65,825 | €93,489 | +€27,664 | +42.0% |
| Income taxes | 67/77 | €17,888 | €22,974 | +€5,086 | +28.4% |
| Profit (loss) for the period | 9904 | €47,937 | €70,515 | +€22,578 | +47.1% |
| Profit (loss) for the period to be appropriated | 9905 | €47,937 | €70,515 | +€22,578 | +47.1% |
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 11 October 2026 via checked.be.