BCI: 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.
BCI
Largest movements
- Receivables after one year -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Receivables within one year +€47,924
up €47,924 (+74.6%), from €64,220 to €112,144
- Tangible fixed assets -€33,399
down €33,399 (-3.2%), from €1.1m to €1.0m
of which Land and buildings: -€19,597
- Cash +€19,924
up €19,924 (+113.8%), from €17,510 to €37,435
mainly Net result for the year (+€97,022) and Depreciation (+€59,188)
- Reserves +€97,022
up €97,022 (+65.0%), from €149,203 to €246,225
of which Distributable reserves: +€98,120
- Debts after one year -€83,073
down €83,073 (-11.0%), from €758,481 to €675,407
- Tax, wage and social debts -€28,246
down €28,246 (-54.3%), from €52,002 to €23,756
- Gross operating margin +€27,299
up €27,299 (+13.8%), from €197,869 to €225,168
- Taxes +€7,134
up €7,134 (+18.6%), from €38,384 to €45,518
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.
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 | €1,190,761 | €1,172,872 | -€17,888 | -1.5% |
| Fixed assets | 21/28 | €1,054,417 | €1,021,019 | -€33,399 | -3.2% |
| Tangible fixed assets | 22/27 | €1,054,417 | €1,021,019 | -€33,399 | -3.2% |
| Land and buildings | 22 | €1,002,761 | €983,165 | -€19,597 | -2.0% |
| Plant, machinery and equipment | 23 | €1,409 | €1,236 | -€174 | -12.3% |
| Furniture and vehicles | 24 | €50,247 | €36,619 | -€13,628 | -27.1% |
| Current assets | 29/58 | €136,343 | €151,854 | +€15,510 | +11.4% |
| Amounts receivable after more than one year | 29 | €50,000 | €0 | -€50,000 | -100.0% |
| Other amounts receivable | 291 | €50,000 | €0 | -€50,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €64,220 | €112,144 | +€47,924 | +74.6% |
| Trade receivables | 40 | €64,220 | €112,144 | +€47,924 | +74.6% |
| Cash at bank and in hand | 54/58 | €17,510 | €37,435 | +€19,924 | +113.8% |
| Deferred charges and accrued income | 490/1 | €4,613 | €2,275 | -€2,338 | -50.7% |
| Total equity and liabilities | 10/49 | €1,190,761 | €1,172,872 | -€17,888 | -1.5% |
| Equity | 10/15 | €224,203 | €321,225 | +€97,022 | +43.3% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €149,203 | €246,225 | +€97,022 | +65.0% |
| Tax-exempt reserves | 132 | €24,650 | €23,551 | -€1,098 | -4.5% |
| Distributable reserves | 133 | €124,553 | €222,673 | +€98,120 | +78.8% |
| Provisions and deferred taxes | 16 | €6,575 | €6,209 | -€366 | -5.6% |
| Deferred taxes | 168 | €6,575 | €6,209 | -€366 | -5.6% |
| Amounts payable | 17/49 | €959,983 | €845,439 | -€114,544 | -11.9% |
| Amounts payable after more than one year | 17 | €758,481 | €675,407 | -€83,073 | -11.0% |
| Financial debts | 170/4 | €758,481 | €675,407 | -€83,073 | -11.0% |
| Amounts payable within one year | 42/48 | €196,209 | €162,922 | -€33,287 | -17.0% |
| Current portion of amounts payable after more than one year | 42 | €77,540 | €79,091 | +€1,551 | +2.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €6,107 | €5,418 | -€690 | -11.3% |
| Suppliers | 440/4 | €6,107 | €5,418 | -€690 | -11.3% |
| Taxes, remuneration and social security | 45 | €52,002 | €23,756 | -€28,246 | -54.3% |
| Taxes | 450/3 | €52,002 | €23,756 | -€28,246 | -54.3% |
| Other amounts payable | 47/48 | €60,559 | €54,657 | -€5,901 | -9.7% |
| Accrued charges and deferred income | 492/3 | €5,294 | €7,110 | +€1,816 | +34.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,121 | €59,188 | -€1,932 | -3.2% |
| Other operating charges | 640/8 | €2,472 | €2,718 | +€246 | +9.9% |
| Gross operating margin | 9900 | €197,869 | €225,168 | +€27,299 | +13.8% |
| Operating profit (loss) | 9901 | €134,277 | €163,262 | +€28,985 | +21.6% |
| Financial income | 75/76B | €7 | €44 | +€37 | +493.4% |
| Recurring financial income | 75 | €7 | €44 | +€37 | +493.4% |
| Financial charges | 65/66B | €20,856 | €21,133 | +€277 | +1.3% |
| Recurring financial charges | 65 | €20,856 | €21,133 | +€277 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €113,428 | €142,173 | +€28,745 | +25.3% |
| Transfer from deferred taxes | 780 | €366 | €366 | = | 0.0% |
| Income taxes | 67/77 | €38,384 | €45,518 | +€7,134 | +18.6% |
| Profit (loss) for the period | 9904 | €75,411 | €97,022 | +€21,611 | +28.7% |
| Transfer from tax-exempt reserves | 789 | €1,098 | €1,098 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €76,509 | €98,120 | +€21,611 | +28.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.