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BCFFC: 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.

What changed

BCFFC

BE 0645.892.316
NACE 69.201, Certified accountants and tax accountants
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€110,256
2024 · €110,665-€409
Equity
€430,232
2024 · €320,806+€109,426
Cash
€143,771
2024 · €122,901+€20,871
Balance sheet total
€917,791
2024 · €905,190+€12,602

Largest movements

2024 to 2025
Assets
  • Cash +€20,871

    up €20,871 (+17.0%), from €122,901 to €143,771

    mainly Net result for the year (+€110,256) and Depreciation (+€17,702)

  • Tangible fixed assets -€17,702

    down €17,702 (-5.7%), from €309,325 to €291,622

    of which Furniture and vehicles: -€9,589

  • Receivables within one year +€10,024

    up €10,024 (+77.9%), from €12,863 to €22,887

    of which Other amounts receivable: +€9,959

Equity and liabilities
  • Reserves +€109,426

    up €109,426 (+34.3%), from €318,806 to €428,232

  • Debts after one year -€54,304

    down €54,304 (-12.3%), from €442,367 to €388,063

  • Other debts -€30,183

    down €30,183 (-62.2%), from €48,495 to €18,311

  • Tax, wage and social debts -€14,460

    down €14,460 (-42.0%), from €34,449 to €19,989

    of which Taxes: -€15,710

Income statement
  • Gross operating margin -€20,057

    down €20,057 (-32.2%), from €62,362 to €42,306

  • Financial income +€14,236

    up €14,236 (+14.0%), from €101,976 to €116,212

  • Taxes -€3,630

    down €3,630 (-18.4%), from €19,752 to €16,122

  • Financial charges -€1,000

    down €1,000 (-7.5%), from €13,361 to €12,361

  • Other operating charges -€784

    down €784 (-27.4%), from €2,860 to €2,076

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €110,665
Gross operating margin -€20,057
Depreciation -€2
Other operating charges +€784
Financial income +€14,236
Financial charges +€1,000
Taxes +€3,630
Result 2025 €110,256

Cash bridge derived

cash 2024 to 2025

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.

From operations +€74,152
Investment €0
Financing -€53,281
Cash 2024 €122,901
Net result for the year +€110,256
Depreciation +€17,702
Receivables within one year -€10,024
Deferred charges and accrued income +€590
Trade debts -€255
Tax, wage and social debts -€14,460
Other debts -€30,183
Accrued charges and deferred income +€526
Debts after one year -€54,304
Current portion of long-term debt +€929
Short-term financial debts +€923
Contributions, distributions and other -€830
Cash 2025 €143,771
Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €905,190 €917,791 +€12,602 +1.4%
Fixed assets 21/28 €766,774 €749,071 -€17,702 -2.3%
Tangible fixed assets 22/27 €309,325 €291,622 -€17,702 -5.7%
Land and buildings 22 €297,107 €288,994 -€8,114 -2.7%
Furniture and vehicles 24 €12,218 €2,629 -€9,589 -78.5%
Financial fixed assets 28 €457,449 €457,449 = 0.0%
Current assets 29/58 €138,416 €168,720 +€30,304 +21.9%
Amounts receivable within one year 40/41 €12,863 €22,887 +€10,024 +77.9%
Trade receivables 40 €9,780 €9,845 +€65 +0.7%
Other amounts receivable 41 €3,083 €13,042 +€9,959 +323.0%
Cash at bank and in hand 54/58 €122,901 €143,771 +€20,871 +17.0%
Deferred charges and accrued income 490/1 €2,651 €2,061 -€590 -22.3%
Total equity and liabilities 10/49 €905,190 €917,791 +€12,602 +1.4%
Equity 10/15 €320,806 €430,232 +€109,426 +34.1%
Contributions 10/11 €2,000 €2,000 = 0.0%
Reserves 13 €318,806 €428,232 +€109,426 +34.3%
Distributable reserves 133 €318,806 €428,232 +€109,426 +34.3%
Amounts payable 17/49 €584,384 €487,560 -€96,824 -16.6%
Amounts payable after more than one year 17 €442,367 €388,063 -€54,304 -12.3%
Financial debts 170/4 €442,367 €388,063 -€54,304 -12.3%
Amounts payable within one year 42/48 €141,770 €98,723 -€43,046 -30.4%
Current portion of amounts payable after more than one year 42 €53,375 €54,304 +€929 +1.7%
Financial debts 43 €4,058 €4,981 +€923 +22.8%
Credit institutions 430/8 €4,058 €4,981 +€923 +22.8%
Trade debts 44 €1,393 €1,138 -€255 -18.3%
Suppliers 440/4 €1,393 €1,138 -€255 -18.3%
Taxes, remuneration and social security 45 €34,449 €19,989 -€14,460 -42.0%
Taxes 450/3 €34,449 €18,739 -€15,710 -45.6%
Remuneration and social security 454/9 - €1,250 +€1,250
Other amounts payable 47/48 €48,495 €18,311 -€30,183 -62.2%
Accrued charges and deferred income 492/3 €247 €774 +€526 +212.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €17,701 €17,702 +€2 0.0%
Other operating charges 640/8 €2,860 €2,076 -€784 -27.4%
Gross operating margin 9900 €62,362 €42,306 -€20,057 -32.2%
Operating profit (loss) 9901 €41,802 €22,527 -€19,275 -46.1%
Financial income 75/76B €101,976 €116,212 +€14,236 +14.0%
Recurring financial income 75 €101,976 €116,212 +€14,236 +14.0%
Financial charges 65/66B €13,361 €12,361 -€1,000 -7.5%
Recurring financial charges 65 €13,361 €12,361 -€1,000 -7.5%
Profit (loss) for the period before taxes 9903 €130,417 €126,378 -€4,039 -3.1%
Income taxes 67/77 €19,752 €16,122 -€3,630 -18.4%
Profit (loss) for the period 9904 €110,665 €110,256 -€409 -0.4%
Profit (loss) for the period to be appropriated 9905 €110,665 €110,256 -€409 -0.4%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.