BCD2: what changed
Two fiscal 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.
BCD2
Largest movements
- Tangible fixed assets -€14,047
down €14,047 (-3.1%), from €448,245 to €434,198
- Cash -€5,091
down €5,091 (-87.9%), from €5,791 to €700
mainly Net result for the year (-€20,516) and Investment in fixed assets (net) (-€5,082)
- Profit (loss) carried forward -€20,516
down €20,516 (-10.4%), from -€196,404 to -€216,920
- Gross operating margin +€264
up €264 (+216.4%), from €122 to €386
- Depreciation +€208
up €208 (+1.1%), from €18,921 to €19,129
From the 2015 result to the 2016 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 2015 and 2016 balance sheets and the 2016 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2015 | 2016 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €454,036 | €434,898 | -€19,138 | -4.2% |
| Fixed assets | 21/28 | €448,245 | €434,198 | -€14,047 | -3.1% |
| Tangible fixed assets | 22/27 | €448,245 | €434,198 | -€14,047 | -3.1% |
| Current assets | 29/58 | €5,791 | €700 | -€5,091 | -87.9% |
| Cash at bank and in hand | 54/58 | €5,791 | €700 | -€5,091 | -87.9% |
| Total equity and liabilities | 10/49 | €454,036 | €434,898 | -€19,138 | -4.2% |
| Equity | 10/15 | -€133,904 | -€154,420 | -€20,516 | -15.3% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€196,404 | -€216,920 | -€20,516 | -10.4% |
| Amounts payable | 17/49 | €587,940 | €589,318 | +€1,378 | +0.2% |
| Amounts payable within one year | 42/48 | €587,940 | €589,318 | +€1,378 | +0.2% |
| Trade debts | 44 | €9,376 | €1,194 | -€8,182 | -87.3% |
| Turnover | 70 | €3,600 | €3,600 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,921 | €19,129 | +€208 | +1.1% |
| Gross operating margin | 9900 | €122 | €386 | +€264 | +216.4% |
| Operating profit (loss) | 9901 | -€20,542 | -€20,353 | +€189 | +0.9% |
| Recurring financial income | 75 | €30 | - | -€30 | |
| Recurring financial charges | 65 | €41 | €163 | +€122 | +297.6% |
| Profit (loss) for the period before taxes | 9903 | -€14,253 | -€20,516 | -€6,263 | -43.9% |
| Profit (loss) for the period | 9904 | -€14,253 | -€20,516 | -€6,263 | -43.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,253 | -€20,516 | -€6,263 | -43.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2015 and 31 December 2016. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.