BCD TECH: 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.
BCD TECH
Largest movements
- Tangible fixed assets +€27,010
up €27,010 (+341%), from €7,917 to €34,927
of which Plant, machinery and equipment: +€26,548
- Receivables after one year -€20,000
down €20,000 (-100%), from €20,000 to €0
of which Other amounts receivable: -€20,000
- Cash +€18,257
up €18,257 (+34.2%), from €53,459 to €71,715
mainly Net result for the year (+€57,920) and Receivables after one year (+€20,000)
- Reserves +€17,920
up €17,920 (+4.7%), from €384,288 to €402,208
of which Distributable reserves: +€19,780
- Financial income +€9,977
up €9,977 (+31.9%), from €31,259 to €41,236
- Gross operating margin +€6,369
up €6,369 (+16.1%), from €39,621 to €45,990
- Other operating charges +€2,526
up €2,526 (+229%), from €1,104 to €3,630
- Depreciation +€2,462
up €2,462 (+67.6%), from €3,640 to €6,102
- Financial charges +€1,607
up €1,607 (+35.9%), from €4,473 to €6,081
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 | €459,996 | €479,110 | +€19,114 | +4.2% |
| Fixed assets | 21/28 | €355,630 | €378,319 | +€22,690 | +6.4% |
| Intangible fixed assets | 21 | €4,993 | €3,393 | -€1,600 | -32.0% |
| Tangible fixed assets | 22/27 | €7,917 | €34,927 | +€27,010 | +341% |
| Plant, machinery and equipment | 23 | €2,909 | €29,457 | +€26,548 | +913% |
| Furniture and vehicles | 24 | €5,008 | €5,469 | +€461 | +9.2% |
| Financial fixed assets | 28 | €342,720 | €340,000 | -€2,720 | -0.8% |
| Current assets | 29/58 | €104,366 | €100,790 | -€3,576 | -3.4% |
| Amounts receivable after more than one year | 29 | €20,000 | €0 | -€20,000 | -100% |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €20,000 | €0 | -€20,000 | -100% |
| Amounts receivable within one year | 40/41 | €30,879 | €28,253 | -€2,626 | -8.5% |
| Trade receivables | 40 | €24,719 | €12,435 | -€12,283 | -49.7% |
| Other amounts receivable | 41 | €6,160 | €15,817 | +€9,657 | +157% |
| Cash at bank and in hand | 54/58 | €53,459 | €71,715 | +€18,257 | +34.2% |
| Deferred charges and accrued income | 490/1 | €29 | €822 | +€794 | +2,768% |
| Total equity and liabilities | 10/49 | €459,996 | €479,110 | +€19,114 | +4.2% |
| Equity | 10/15 | €402,888 | €420,808 | +€17,920 | +4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €384,288 | €402,208 | +€17,920 | +4.7% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €382,428 | €402,208 | +€19,780 | +5.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €57,108 | €58,302 | +€1,194 | +2.1% |
| Amounts payable within one year | 42/48 | €57,108 | €58,102 | +€994 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €6,811 | €6,790 | -€21 | -0.3% |
| Trade debts | 44 | €1,496 | €153 | -€1,343 | -89.8% |
| Suppliers | 440/4 | €1,496 | €153 | -€1,343 | -89.8% |
| Taxes, remuneration and social security | 45 | €4,529 | €5,876 | +€1,346 | +29.7% |
| Taxes | 450/3 | €4,529 | €3,918 | -€612 | -13.5% |
| Remuneration and social security | 454/9 | - | €1,958 | +€1,958 | |
| Other amounts payable | 47/48 | €44,272 | €45,284 | +€1,012 | +2.3% |
| Accrued charges and deferred income | 492/3 | - | €200 | +€200 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,640 | €6,102 | +€2,462 | +67.6% |
| Other operating charges | 640/8 | €1,104 | €3,630 | +€2,526 | +229% |
| Gross operating margin | 9900 | €39,621 | €45,990 | +€6,369 | +16.1% |
| Operating profit (loss) | 9901 | €34,876 | €36,258 | +€1,382 | +4.0% |
| Financial income | 75/76B | €31,259 | €41,236 | +€9,977 | +31.9% |
| Recurring financial income | 75 | €31,259 | €41,236 | +€9,977 | +31.9% |
| Financial charges | 65/66B | €4,473 | €6,081 | +€1,607 | +35.9% |
| Recurring financial charges | 65 | €4,473 | €6,081 | +€1,607 | +35.9% |
| Profit (loss) for the period before taxes | 9903 | €61,662 | €71,414 | +€9,751 | +15.8% |
| Income taxes | 67/77 | €13,262 | €13,494 | +€232 | +1.8% |
| Profit (loss) for the period | 9904 | €48,401 | €57,920 | +€9,519 | +19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €48,401 | €57,920 | +€9,519 | +19.7% |
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 27 October 2026 via checked.be.