BCIM: 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.
BCIM
Largest movements
- Current investments +€131,943
up €131,943 (+14.7%), from €895,253 to €1.0m
- Other debts +€262,589
up €262,589 (+281.7%), from €93,229 to €355,818
- Reserves -€131,323
down €131,323 (-16.3%), from €807,270 to €675,947
of which Distributable reserves: -€131,323
- Gross operating margin +€28,936
up €28,936 (+9.3%), from €311,532 to €340,468
- Financial income -€10,619
no longer reported in 2025 (was €10,619)
- Taxes +€5,883
up €5,883 (+6.0%), from €97,613 to €103,496
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €991,980 | €1,118,071 | +€126,092 | +12.7% |
| Fixed assets | 21/28 | €4,741 | €2,239 | -€2,502 | -52.8% |
| Tangible fixed assets | 22/27 | €4,741 | €2,239 | -€2,502 | -52.8% |
| Furniture and vehicles | 24 | €1,383 | €619 | -€764 | -55.2% |
| Other tangible fixed assets | 26 | €3,358 | €1,620 | -€1,738 | -51.8% |
| Current assets | 29/58 | €987,239 | €1,115,833 | +€128,594 | +13.0% |
| Amounts receivable within one year | 40/41 | €91,986 | €88,636 | -€3,350 | -3.6% |
| Trade receivables | 40 | €91,819 | €88,470 | -€3,350 | -3.6% |
| Other amounts receivable | 41 | €167 | €167 | -€0 | 0.0% |
| Current investments | 50/53 | €895,253 | €1,027,197 | +€131,943 | +14.7% |
| Total equity and liabilities | 10/49 | €991,980 | €1,118,071 | +€126,092 | +12.7% |
| Equity | 10/15 | €843,300 | €711,977 | -€131,323 | -15.6% |
| Contributions | 10/11 | €12,408 | €12,408 | = | 0.0% |
| Reserves | 13 | €807,270 | €675,947 | -€131,323 | -16.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €805,410 | €674,088 | -€131,323 | -16.3% |
| Profit (loss) carried forward | 14 | €23,622 | €23,622 | = | 0.0% |
| Amounts payable | 17/49 | €148,680 | €406,094 | +€257,415 | +173.1% |
| Amounts payable within one year | 42/48 | €148,680 | €406,094 | +€257,415 | +173.1% |
| Trade debts | 44 | €5,775 | €6,114 | +€339 | +5.9% |
| Suppliers | 440/4 | €5,775 | €6,114 | +€339 | +5.9% |
| Taxes, remuneration and social security | 45 | €49,676 | €44,162 | -€5,514 | -11.1% |
| Taxes | 450/3 | €49,676 | €44,162 | -€5,514 | -11.1% |
| Other amounts payable | 47/48 | €93,229 | €355,818 | +€262,589 | +281.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,513 | €2,502 | -€11 | -0.4% |
| Other operating charges | 640/8 | €340 | €352 | +€11 | +3.4% |
| Gross operating margin | 9900 | €311,532 | €340,468 | +€28,936 | +9.3% |
| Operating profit (loss) | 9901 | €308,678 | €337,614 | +€28,936 | +9.4% |
| Financial income | 75/76B | €10,619 | - | -€10,619 | |
| Recurring financial income | 75 | €10,619 | - | -€10,619 | |
| Financial charges | 65/66B | €133 | €0 | -€133 | -99.9% |
| Recurring financial charges | 65 | €133 | €0 | -€133 | -99.9% |
| Profit (loss) for the period before taxes | 9903 | €319,164 | €337,614 | +€18,450 | +5.8% |
| Income taxes | 67/77 | €97,613 | €103,496 | +€5,883 | +6.0% |
| Profit (loss) for the period | 9904 | €221,551 | €234,118 | +€12,567 | +5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €221,551 | €234,118 | +€12,567 | +5.7% |
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 3 October 2026 via checked.be.