BC Project Development: 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 Project Development
Largest movements
- Receivables within one year +€33,170
up €33,170 (+91.6%), from €36,208 to €69,379
of which Trade receivables: +€23,561
- Cash -€22,686
down €22,686 (-97.7%), from €23,230 to €544
mainly Receivables within one year (-€33,170) and Trade debts (-€4,327)
- Tangible fixed assets -€2,133
down €2,133 (-17.7%), from €12,062 to €9,929
- Other debts +€10,780
up €10,780 (+98.6%), from €10,931 to €21,711
- Trade debts -€4,327
down €4,327 (-23.9%), from €18,144 to €13,817
- Reserves -€3,432
down €3,432 (-10.1%), from €33,984 to €30,552
- Tax, wage and social debts +€2,807
up €2,807 (+29.7%), from €9,441 to €12,247
of which Remuneration and social security: +€6,900
- Advances received +€2,525
new in 2025: €2,525
- Gross operating margin -€33,954
down €33,954 (-94.2%), from €36,038 to €2,084
- Write-downs -€15,000
down €15,000 (-100%), from €15,000 to €0
- Taxes -€4,436
down €4,436 (-100%), from €4,436 to €0
- Other operating charges +€851
up €851 (+2,432%), from €35 to €886
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.
Derived cash bridge
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 | €74,500 | €82,851 | +€8,351 | +11.2% |
| Fixed assets | 21/28 | €15,062 | €12,929 | -€2,133 | -14.2% |
| Tangible fixed assets | 22/27 | €12,062 | €9,929 | -€2,133 | -17.7% |
| Furniture and vehicles | 24 | €12,062 | €9,929 | -€2,133 | -17.7% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €59,438 | €69,922 | +€10,484 | +17.6% |
| Amounts receivable within one year | 40/41 | €36,208 | €69,379 | +€33,170 | +91.6% |
| Trade receivables | 40 | €6,208 | €29,769 | +€23,561 | +380% |
| Other amounts receivable | 41 | €30,000 | €39,609 | +€9,609 | +32.0% |
| Cash at bank and in hand | 54/58 | €23,230 | €544 | -€22,686 | -97.7% |
| Total equity and liabilities | 10/49 | €74,500 | €82,851 | +€8,351 | +11.2% |
| Equity | 10/15 | €35,984 | €32,552 | -€3,432 | -9.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €33,984 | €30,552 | -€3,432 | -10.1% |
| Distributable reserves | 133 | €33,984 | €30,552 | -€3,432 | -10.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €38,516 | €50,300 | +€11,784 | +30.6% |
| Amounts payable within one year | 42/48 | €38,516 | €50,300 | +€11,784 | +30.6% |
| Trade debts | 44 | €18,144 | €13,817 | -€4,327 | -23.9% |
| Suppliers | 440/4 | €18,144 | €13,817 | -€4,327 | -23.9% |
| Advances received on contracts in progress | 46 | - | €2,525 | +€2,525 | |
| Taxes, remuneration and social security | 45 | €9,441 | €12,247 | +€2,807 | +29.7% |
| Taxes | 450/3 | €9,441 | €5,347 | -€4,093 | -43.4% |
| Remuneration and social security | 454/9 | - | €6,900 | +€6,900 | |
| Other amounts payable | 47/48 | €10,931 | €21,711 | +€10,780 | +98.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,086 | €4,123 | +€36 | +0.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,000 | €0 | -€15,000 | -100% |
| Other operating charges | 640/8 | €35 | €886 | +€851 | +2,432% |
| Gross operating margin | 9900 | €36,038 | €2,084 | -€33,954 | -94.2% |
| Operating profit (loss) | 9901 | €16,916 | -€2,925 | -€19,841 | |
| Financial income | 75/76B | €146 | €2 | -€144 | -98.7% |
| Recurring financial income | 75 | €146 | €2 | -€144 | -98.7% |
| Financial charges | 65/66B | €346 | €509 | +€164 | +47.3% |
| Recurring financial charges | 65 | €346 | €509 | +€164 | +47.3% |
| Profit (loss) for the period before taxes | 9903 | €16,716 | -€3,432 | -€20,149 | |
| Income taxes | 67/77 | €4,436 | €0 | -€4,436 | -100% |
| Profit (loss) for the period | 9904 | €12,281 | -€3,432 | -€15,713 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,281 | -€3,432 | -€15,713 |
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 17 October 2026 via checked.be.