BCA: 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.
BCA
Largest movements
- Receivables within one year +€42,662
up €42,662 (+729.8%), from €5,846 to €48,508
of which Trade receivables: +€45,962
- Tangible fixed assets -€30,665
down €30,665 (-5.3%), from €583,172 to €552,507
of which Land and buildings: -€15,404
- Cash +€25,367
up €25,367 (+603.5%), from €4,203 to €29,570
mainly Net result for the year (+€107,113) and Depreciation (+€30,665)
- Reserves +€72,000
new in 2025: €72,000
- Debts after one year -€69,669
down €69,669 (-9.8%), from €711,471 to €641,802
- Profit (loss) carried forward +€35,113
up €35,113, from -€34,569 to €544
- Other debts -€28,099
down €28,099 (-61.1%), from €46,002 to €17,903
- Short-term financial debts +€16,791
new in 2025: €16,791
- Gross operating margin +€106,850
up €106,850 (+116.3%), from €91,859 to €198,709
- Taxes +€27,392
up €27,392 (+6713.7%), from €408 to €27,800
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 | €793,221 | €832,246 | +€39,025 | +4.9% |
| Fixed assets | 21/28 | €783,172 | €753,877 | -€29,295 | -3.7% |
| Tangible fixed assets | 22/27 | €583,172 | €552,507 | -€30,665 | -5.3% |
| Land and buildings | 22 | €552,821 | €537,417 | -€15,404 | -2.8% |
| Furniture and vehicles | 24 | €30,351 | €15,090 | -€15,261 | -50.3% |
| Financial fixed assets | 28 | €200,000 | €201,370 | +€1,370 | +0.7% |
| Current assets | 29/58 | €10,049 | €78,369 | +€68,320 | +679.9% |
| Amounts receivable within one year | 40/41 | €5,846 | €48,508 | +€42,662 | +729.8% |
| Trade receivables | 40 | €18 | €45,980 | +€45,962 | +255344.4% |
| Other amounts receivable | 41 | €5,828 | €2,528 | -€3,300 | -56.6% |
| Cash at bank and in hand | 54/58 | €4,203 | €29,570 | +€25,367 | +603.5% |
| Deferred charges and accrued income | 490/1 | - | €291 | +€291 | |
| Total equity and liabilities | 10/49 | €793,221 | €832,246 | +€39,025 | +4.9% |
| Equity | 10/15 | -€33,569 | €73,544 | +€107,113 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €72,000 | +€72,000 | |
| Distributable reserves | 133 | - | €72,000 | +€72,000 | |
| Profit (loss) carried forward | 14 | -€34,569 | €544 | +€35,113 | |
| Amounts payable | 17/49 | €826,790 | €758,702 | -€68,088 | -8.2% |
| Amounts payable after more than one year | 17 | €711,471 | €641,802 | -€69,669 | -9.8% |
| Financial debts | 170/4 | €711,471 | €641,802 | -€69,669 | -9.8% |
| Amounts payable within one year | 42/48 | €113,988 | €115,569 | +€1,581 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €61,449 | €74,514 | +€13,065 | +21.3% |
| Financial debts | 43 | - | €16,791 | +€16,791 | |
| Credit institutions | 430/8 | - | €16,791 | +€16,791 | |
| Trade debts | 44 | €2,064 | €508 | -€1,556 | -75.4% |
| Suppliers | 440/4 | €2,064 | €508 | -€1,556 | -75.4% |
| Taxes, remuneration and social security | 45 | €4,473 | €5,853 | +€1,380 | +30.9% |
| Taxes | 450/3 | €4,473 | €5,853 | +€1,380 | +30.9% |
| Other amounts payable | 47/48 | €46,002 | €17,903 | -€28,099 | -61.1% |
| Accrued charges and deferred income | 492/3 | €1,331 | €1,331 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,665 | €30,665 | = | 0.0% |
| Other operating charges | 640/8 | €4,288 | €4,243 | -€45 | -1.0% |
| Gross operating margin | 9900 | €91,859 | €198,709 | +€106,850 | +116.3% |
| Operating profit (loss) | 9901 | €56,906 | €163,801 | +€106,895 | +187.8% |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €30,156 | €28,888 | -€1,268 | -4.2% |
| Recurring financial charges | 65 | €30,156 | €28,888 | -€1,268 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €26,755 | €134,913 | +€108,158 | +404.3% |
| Income taxes | 67/77 | €408 | €27,800 | +€27,392 | +6713.7% |
| Profit (loss) for the period | 9904 | €26,347 | €107,113 | +€80,766 | +306.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,347 | €107,113 | +€80,766 | +306.5% |
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 12 October 2026 via checked.be.