BCA PROJECTS: 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 PROJECTS
Largest movements
- Receivables within one year -€53,585
down €53,585 (-62.8%), from €85,373 to €31,789
of which Trade receivables: -€53,585
- Stocks and contracts +€36,396
up €36,396 (+75.7%), from €48,061 to €84,457
- Receivables after one year -€27,266
down €27,266 (-52.7%), from €51,730 to €24,464
- Cash -€19,334
down €19,334 (-24.8%), from €78,105 to €58,771
mainly Net result for the year (-€100,113) and Stocks and contracts (-€36,396)
- Tangible fixed assets -€4,993
down €4,993 (-17.5%), from €28,517 to €23,524
of which Furniture and vehicles: -€3,911
- Profit (loss) carried forward -€100,113
down €100,113 (-81.4%), from -€122,931 to -€223,043
- Debts after one year +€78,722
up €78,722 (+30.0%), from €262,029 to €340,751
- Trade debts -€26,449
down €26,449 (-92.0%), from €28,757 to €2,308
- Tax, wage and social debts -€18,994
down €18,994 (-67.6%), from €28,116 to €9,122
of which Taxes: -€13,912
- Current portion of long-term debt +€13,806
up €13,806 (+22.3%), from €61,952 to €75,758
- Gross operating margin -€77,398
down €77,398 (-91.5%), from €84,628 to €7,231
- Staff costs -€24,661
down €24,661 (-22.9%), from €107,905 to €83,244
- Other operating charges -€9,172
down €9,172 (-71.2%), from €12,882 to €3,710
- Depreciation -€1,492
down €1,492 (-7.9%), from €18,918 to €17,426
- Financial income -€1,045
down €1,045 (-55.6%), from €1,879 to €834
of which Financial income: -€1,045
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 | €294,849 | €226,633 | -€68,216 | -23.1% |
| Fixed assets | 21/28 | €29,017 | €24,024 | -€4,993 | -17.2% |
| Tangible fixed assets | 22/27 | €28,517 | €23,524 | -€4,993 | -17.5% |
| Plant, machinery and equipment | 23 | €7,009 | €6,283 | -€727 | -10.4% |
| Furniture and vehicles | 24 | €19,492 | €15,581 | -€3,911 | -20.1% |
| Other tangible fixed assets | 26 | €2,015 | €1,660 | -€355 | -17.6% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €265,833 | €202,610 | -€63,223 | -23.8% |
| Amounts receivable after more than one year | 29 | €51,730 | €24,464 | -€27,266 | -52.7% |
| Other amounts receivable | 291 | €51,730 | €24,464 | -€27,266 | -52.7% |
| Stocks and contracts in progress | 3 | €48,061 | €84,457 | +€36,396 | +75.7% |
| Stocks | 30/36 | €48,061 | €84,457 | +€36,396 | +75.7% |
| Amounts receivable within one year | 40/41 | €85,373 | €31,789 | -€53,585 | -62.8% |
| Trade receivables | 40 | €77,020 | €23,435 | -€53,585 | -69.6% |
| Other amounts receivable | 41 | €8,353 | €8,353 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €78,105 | €58,771 | -€19,334 | -24.8% |
| Deferred charges and accrued income | 490/1 | €2,563 | €3,129 | +€565 | +22.0% |
| Total equity and liabilities | 10/49 | €294,849 | €226,633 | -€68,216 | -23.1% |
| Equity | 10/15 | -€104,331 | -€204,443 | -€100,113 | -96.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€122,931 | -€223,043 | -€100,113 | -81.4% |
| Amounts payable | 17/49 | €399,180 | €431,077 | +€31,897 | +8.0% |
| Amounts payable after more than one year | 17 | €262,029 | €340,751 | +€78,722 | +30.0% |
| Financial debts | 170/4 | €262,029 | €340,751 | +€78,722 | +30.0% |
| Amounts payable within one year | 42/48 | €137,151 | €90,326 | -€46,825 | -34.1% |
| Current portion of amounts payable after more than one year | 42 | €61,952 | €75,758 | +€13,806 | +22.3% |
| Financial debts | 43 | €8,326 | €3,138 | -€5,189 | -62.3% |
| Credit institutions | 430/8 | €8,326 | €3,138 | -€5,189 | -62.3% |
| Trade debts | 44 | €28,757 | €2,308 | -€26,449 | -92.0% |
| Suppliers | 440/4 | €28,757 | €2,308 | -€26,449 | -92.0% |
| Taxes, remuneration and social security | 45 | €28,116 | €9,122 | -€18,994 | -67.6% |
| Taxes | 450/3 | €16,062 | €2,149 | -€13,912 | -86.6% |
| Remuneration and social security | 454/9 | €12,054 | €6,973 | -€5,082 | -42.2% |
| Other amounts payable | 47/48 | €10,000 | €0 | -€10,000 | -100% |
| Non-recurring operating income | 76A | €51,085 | €0 | -€51,085 | -100% |
| Remuneration, social security and pensions | 62 | €107,905 | €83,244 | -€24,661 | -22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,918 | €17,426 | -€1,492 | -7.9% |
| Other operating charges | 640/8 | €12,882 | €3,710 | -€9,172 | -71.2% |
| Gross operating margin | 9900 | €84,628 | €7,231 | -€77,398 | -91.5% |
| Operating profit (loss) | 9901 | -€55,077 | -€97,149 | -€42,072 | -76.4% |
| Financial income | 75/76B | €1,879 | €834 | -€1,045 | -55.6% |
| Recurring financial income | 75 | €1,879 | €834 | -€1,045 | -55.6% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €2,436 | €3,419 | +€982 | +40.3% |
| Recurring financial charges | 65 | €2,436 | €3,419 | +€982 | +40.3% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€55,634 | -€99,734 | -€44,100 | -79.3% |
| Income taxes | 67/77 | €192 | €378 | +€186 | +96.7% |
| Profit (loss) for the period | 9904 | -€55,827 | -€100,113 | -€44,286 | -79.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€55,827 | -€100,113 | -€44,286 | -79.3% |
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 13 October 2026 via checked.be.