BCB LIEGE: 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 LIEGE
Largest movements
- Tangible fixed assets +€46,510
up €46,510 (+80.4%), from €57,882 to €104,392
of which Other tangible fixed assets: +€29,975
- Receivables after one year +€40,178
new in 2025: €40,178
- Cash -€30,418
down €30,418 (-63.7%), from €47,738 to €17,320
mainly Investment in fixed assets (net) (-€73,582) and Receivables after one year (-€40,178)
- Deferred charges and accrued income +€10,280
up €10,280 (+58.2%), from €17,663 to €27,943
- Receivables within one year +€9,867
up €9,867 (+18.5%), from €53,316 to €63,183
of which Trade receivables: +€9,534
- Reserves +€30,074
new in 2025: €30,074
- Debts after one year +€26,472
up €26,472 (+56.9%), from €46,484 to €72,957
- Trade debts +€25,018
up €25,018 (+28.7%), from €87,123 to €112,141
- Tax, wage and social debts -€8,218
down €8,218 (-32.2%), from €25,521 to €17,303
of which Taxes: -€5,938
- Other debts -€5,978
down €5,978 (-82.2%), from €7,275 to €1,298
- Gross operating margin +€71,841
up €71,841 (+37.5%), from €191,479 to €263,320
- Staff costs +€34,578
up €34,578 (+22.9%), from €151,200 to €185,778
- Taxes +€3,048
up €3,048 (+648%), from €470 to €3,518
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 | €223,281 | €295,459 | +€72,178 | +32.3% |
| Fixed assets | 21/28 | €59,334 | €105,522 | +€46,188 | +77.8% |
| Intangible fixed assets | 21 | €1,452 | €1,130 | -€322 | -22.2% |
| Tangible fixed assets | 22/27 | €57,882 | €104,392 | +€46,510 | +80.4% |
| Plant, machinery and equipment | 23 | €9,585 | €19,152 | +€9,567 | +99.8% |
| Furniture and vehicles | 24 | €13,388 | €27,158 | +€13,769 | +103% |
| Leasing and similar rights | 25 | €15,932 | €9,130 | -€6,801 | -42.7% |
| Other tangible fixed assets | 26 | €18,977 | €48,952 | +€29,975 | +158% |
| Current assets | 29/58 | €163,948 | €189,937 | +€25,990 | +15.9% |
| Amounts receivable after more than one year | 29 | - | €40,178 | +€40,178 | |
| Other amounts receivable | 291 | - | €40,178 | +€40,178 | |
| Stocks and contracts in progress | 3 | €45,230 | €41,313 | -€3,917 | -8.7% |
| Stocks | 30/36 | €45,230 | €41,313 | -€3,917 | -8.7% |
| Amounts receivable within one year | 40/41 | €53,316 | €63,183 | +€9,867 | +18.5% |
| Trade receivables | 40 | €41,568 | €51,102 | +€9,534 | +22.9% |
| Other amounts receivable | 41 | €11,748 | €12,082 | +€333 | +2.8% |
| Cash at bank and in hand | 54/58 | €47,738 | €17,320 | -€30,418 | -63.7% |
| Deferred charges and accrued income | 490/1 | €17,663 | €27,943 | +€10,280 | +58.2% |
| Total equity and liabilities | 10/49 | €223,281 | €295,459 | +€72,178 | +32.3% |
| Equity | 10/15 | €33,080 | €63,402 | +€30,321 | +91.7% |
| Contributions | 10/11 | €15,430 | €15,430 | = | 0.0% |
| Reserves | 13 | - | €30,074 | +€30,074 | |
| Distributable reserves | 133 | - | €30,074 | +€30,074 | |
| Profit (loss) carried forward | 14 | €17,650 | €17,897 | +€247 | +1.4% |
| Amounts payable | 17/49 | €190,201 | €232,058 | +€41,857 | +22.0% |
| Amounts payable after more than one year | 17 | €46,484 | €72,957 | +€26,472 | +56.9% |
| Financial debts | 170/4 | €46,484 | €72,957 | +€26,472 | +56.9% |
| Amounts payable within one year | 42/48 | €143,717 | €158,431 | +€14,715 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €23,797 | €27,690 | +€3,893 | +16.4% |
| Trade debts | 44 | €87,123 | €112,141 | +€25,018 | +28.7% |
| Suppliers | 440/4 | €87,123 | €112,141 | +€25,018 | +28.7% |
| Taxes, remuneration and social security | 45 | €25,521 | €17,303 | -€8,218 | -32.2% |
| Taxes | 450/3 | €23,241 | €17,303 | -€5,938 | -25.5% |
| Remuneration and social security | 454/9 | €2,280 | - | -€2,280 | |
| Other amounts payable | 47/48 | €7,275 | €1,298 | -€5,978 | -82.2% |
| Accrued charges and deferred income | 492/3 | - | €670 | +€670 | |
| Remuneration, social security and pensions | 62 | €151,200 | €185,778 | +€34,578 | +22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,914 | €27,394 | +€2,481 | +10.0% |
| Other operating charges | 640/8 | €3,390 | €4,753 | +€1,362 | +40.2% |
| Gross operating margin | 9900 | €191,479 | €263,320 | +€71,841 | +37.5% |
| Operating profit (loss) | 9901 | €11,975 | €45,395 | +€33,420 | +279% |
| Financial income | 75/76B | €50 | €1,222 | +€1,172 | +2,366% |
| Recurring financial income | 75 | €50 | €1,222 | +€1,172 | +2,366% |
| Financial charges | 65/66B | €10,986 | €13,024 | +€2,038 | +18.6% |
| Recurring financial charges | 65 | €10,986 | €13,024 | +€2,038 | +18.6% |
| Profit (loss) for the period before taxes | 9903 | €1,038 | €33,593 | +€32,554 | +3,135% |
| Income taxes | 67/77 | €470 | €3,518 | +€3,048 | +648% |
| Profit (loss) for the period | 9904 | €568 | €30,074 | +€29,506 | +5,196% |
| Profit (loss) for the period to be appropriated | 9905 | €568 | €30,074 | +€29,506 | +5,196% |
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.