BCB Bart Bollen: 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.
BCB Bart Bollen
Largest movements
- Tangible fixed assets -€59,756
down €59,756 (-28.1%), from €212,789 to €153,033
of which Leasing and similar rights: -€57,033
- Cash +€6,519
up €6,519 (+43.8%), from €14,883 to €21,403
mainly Depreciation (+€59,756) and Receivables within one year (+€5,562)
- Receivables within one year -€5,562
down €5,562 (-5.6%), from €99,552 to €93,990
of which Trade receivables: -€15,309
- Debts after one year -€33,108
down €33,108 (-20.2%), from €164,095 to €130,987
- Profit (loss) carried forward -€14,652
down €14,652 (-15.2%), from €96,594 to €81,942
- Trade debts -€9,874
down €9,874 (-48.0%), from €20,561 to €10,687
- Gross operating margin -€11,326
down €11,326 (-17.4%), from €65,232 to €53,906
- Financial charges -€1,440
down €1,440 (-14.2%), from €10,174 to €8,734
- Other operating charges +€1,200
up €1,200 (+88.5%), from €1,356 to €2,556
- Financial income +€1,087
up €1,087 (+60.0%), from €1,811 to €2,898
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 | €331,168 | €275,280 | -€55,888 | -16.9% |
| Fixed assets | 21/28 | €212,789 | €153,033 | -€59,756 | -28.1% |
| Tangible fixed assets | 22/27 | €212,789 | €153,033 | -€59,756 | -28.1% |
| Plant, machinery and equipment | 23 | €4,562 | €2,705 | -€1,857 | -40.7% |
| Furniture and vehicles | 24 | €1,970 | €1,105 | -€865 | -43.9% |
| Leasing and similar rights | 25 | €206,257 | €149,224 | -€57,033 | -27.7% |
| Current assets | 29/58 | €118,379 | €122,247 | +€3,868 | +3.3% |
| Amounts receivable within one year | 40/41 | €99,552 | €93,990 | -€5,562 | -5.6% |
| Trade receivables | 40 | €34,840 | €19,532 | -€15,309 | -43.9% |
| Other amounts receivable | 41 | €64,712 | €74,458 | +€9,747 | +15.1% |
| Cash at bank and in hand | 54/58 | €14,883 | €21,403 | +€6,519 | +43.8% |
| Deferred charges and accrued income | 490/1 | €3,944 | €6,854 | +€2,910 | +73.8% |
| Total equity and liabilities | 10/49 | €331,168 | €275,280 | -€55,888 | -16.9% |
| Equity | 10/15 | €109,094 | €94,442 | -€14,652 | -13.4% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Contributions outside capital | 11 | €12,500 | €12,500 | = | 0.0% |
| Other | 1109/19 | €12,500 | €12,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,594 | €81,942 | -€14,652 | -15.2% |
| Amounts payable | 17/49 | €222,073 | €180,838 | -€41,235 | -18.6% |
| Amounts payable after more than one year | 17 | €164,095 | €130,987 | -€33,108 | -20.2% |
| Financial debts | 170/4 | €164,095 | €130,987 | -€33,108 | -20.2% |
| Amounts payable within one year | 42/48 | €57,978 | €49,851 | -€8,128 | -14.0% |
| Current portion of amounts payable after more than one year | 42 | €31,720 | €33,108 | +€1,388 | +4.4% |
| Trade debts | 44 | €20,561 | €10,687 | -€9,874 | -48.0% |
| Suppliers | 440/4 | €20,561 | €10,687 | -€9,874 | -48.0% |
| Taxes, remuneration and social security | 45 | €5,697 | €6,056 | +€359 | +6.3% |
| Taxes | 450/3 | €5,697 | €6,056 | +€359 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,756 | €59,756 | = | 0.0% |
| Other operating charges | 640/8 | €1,356 | €2,556 | +€1,200 | +88.5% |
| Gross operating margin | 9900 | €65,232 | €53,906 | -€11,326 | -17.4% |
| Operating profit (loss) | 9901 | €4,121 | -€8,405 | -€12,526 | |
| Financial income | 75/76B | €1,811 | €2,898 | +€1,087 | +60.0% |
| Recurring financial income | 75 | €1,811 | €2,898 | +€1,087 | +60.0% |
| Financial charges | 65/66B | €10,174 | €8,734 | -€1,440 | -14.2% |
| Recurring financial charges | 65 | €10,174 | €8,734 | -€1,440 | -14.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,243 | -€14,242 | -€9,999 | -235.7% |
| Income taxes | 67/77 | €399 | €411 | +€12 | +2.9% |
| Profit (loss) for the period | 9904 | -€4,642 | -€14,652 | -€10,010 | -215.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,642 | -€14,652 | -€10,010 | -215.6% |
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 9 October 2026 via checked.be.