BCL: 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.
BCL
Largest movements
- Receivables within one year +€25,778
up €25,778 (+205.7%), from €12,532 to €38,309
of which Trade receivables: +€25,778
- Tangible fixed assets -€13,506
down €13,506 (-23.5%), from €57,511 to €44,005
of which Furniture and vehicles: -€13,113
- Cash +€3,045
up €3,045 (+23.8%), from €12,821 to €15,866
mainly Net result for the year (+€65,668) and Depreciation (+€14,620)
- Deferred charges and accrued income -€1,276
down €1,276 (-47.8%), from €2,671 to €1,395
- Reserves +€36,829
up €36,829 (+127.7%), from €28,839 to €65,668
- Other debts -€25,306
down €25,306 (-46.0%), from €55,011 to €29,705
- Tax, wage and social debts +€5,297
up €5,297 (+113.4%), from €4,671 to €9,967
- Trade debts -€1,487
down €1,487 (-62.6%), from €2,375 to €888
- Accrued charges and deferred income -€1,321
down €1,321 (-34.5%), from €3,832 to €2,511
- Gross operating margin +€42,895
up €42,895 (+72.6%), from €59,062 to €101,957
- Taxes +€10,143
up €10,143 (+125.0%), from €8,116 to €18,260
- Financial charges -€1,320
down €1,320 (-33.7%), from €3,916 to €2,596
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 | €113,328 | €127,339 | +€14,012 | +12.4% |
| Fixed assets | 21/28 | €57,511 | €44,005 | -€13,506 | -23.5% |
| Tangible fixed assets | 22/27 | €57,511 | €44,005 | -€13,506 | -23.5% |
| Plant, machinery and equipment | 23 | €1,133 | €1,921 | +€787 | +69.5% |
| Furniture and vehicles | 24 | €48,925 | €35,812 | -€13,113 | -26.8% |
| Other tangible fixed assets | 26 | €7,453 | €6,273 | -€1,180 | -15.8% |
| Current assets | 29/58 | €55,817 | €83,334 | +€27,517 | +49.3% |
| Amounts receivable after more than one year | 29 | €5,000 | €5,000 | = | 0.0% |
| Other amounts receivable | 291 | €5,000 | €5,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €4,193 | €3,693 | -€500 | -11.9% |
| Stocks | 30/36 | €4,193 | €3,693 | -€500 | -11.9% |
| Amounts receivable within one year | 40/41 | €12,532 | €38,309 | +€25,778 | +205.7% |
| Trade receivables | 40 | €10,648 | €36,426 | +€25,778 | +242.1% |
| Other amounts receivable | 41 | €1,884 | €1,884 | = | 0.0% |
| Current investments | 50/53 | €18,600 | €19,070 | +€470 | +2.5% |
| Cash at bank and in hand | 54/58 | €12,821 | €15,866 | +€3,045 | +23.8% |
| Deferred charges and accrued income | 490/1 | €2,671 | €1,395 | -€1,276 | -47.8% |
| Total equity and liabilities | 10/49 | €113,328 | €127,339 | +€14,012 | +12.4% |
| Equity | 10/15 | €47,439 | €84,268 | +€36,829 | +77.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,839 | €65,668 | +€36,829 | +127.7% |
| Distributable reserves | 133 | €28,839 | €65,668 | +€36,829 | +127.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €65,888 | €43,071 | -€22,817 | -34.6% |
| Amounts payable within one year | 42/48 | €62,057 | €40,560 | -€21,496 | -34.6% |
| Trade debts | 44 | €2,375 | €888 | -€1,487 | -62.6% |
| Suppliers | 440/4 | €2,375 | €888 | -€1,487 | -62.6% |
| Taxes, remuneration and social security | 45 | €4,671 | €9,967 | +€5,297 | +113.4% |
| Taxes | 450/3 | €4,671 | €9,967 | +€5,297 | +113.4% |
| Other amounts payable | 47/48 | €55,011 | €29,705 | -€25,306 | -46.0% |
| Accrued charges and deferred income | 492/3 | €3,832 | €2,511 | -€1,321 | -34.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,051 | €14,620 | -€431 | -2.9% |
| Other operating charges | 640/8 | €811 | €813 | +€2 | +0.2% |
| Non-recurring operating charges | 66A | €2,779 | €0 | -€2,779 | -100.0% |
| Gross operating margin | 9900 | €59,062 | €101,957 | +€42,895 | +72.6% |
| Operating profit (loss) | 9901 | €40,421 | €86,524 | +€46,103 | +114.1% |
| Financial income | 75/76B | €450 | €0 | -€450 | -100.0% |
| Recurring financial income | 75 | €450 | €0 | -€450 | -100.0% |
| Financial charges | 65/66B | €3,916 | €2,596 | -€1,320 | -33.7% |
| Recurring financial charges | 65 | €3,916 | €2,596 | -€1,320 | -33.7% |
| Profit (loss) for the period before taxes | 9903 | €36,955 | €83,928 | +€46,972 | +127.1% |
| Income taxes | 67/77 | €8,116 | €18,260 | +€10,143 | +125.0% |
| Profit (loss) for the period | 9904 | €28,839 | €65,668 | +€36,829 | +127.7% |
| Profit (loss) for the period to be appropriated | 9905 | €28,839 | €65,668 | +€36,829 | +127.7% |
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 5 October 2026 via checked.be.