BCL CONSTRUCT: 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 CONSTRUCT
Largest movements
- Receivables within one year -€43,971
down €43,971 (-84.3%), from €52,142 to €8,171
of which Trade receivables: -€44,223
- Receivables after one year -€11,450
no longer reported in 2025 (was €11,450)
- Cash -€4,161
no longer reported in 2025 (was €4,161)
mainly Trade debts (-€44,491) and Net result for the year (-€20,538)
- Financial fixed assets +€4,050
up €4,050 (+135000.0%), from €3 to €4,053
- Intangible fixed assets -€2,555
down €2,555 (-55.0%), from €4,649 to €2,094
- Trade debts -€44,491
down €44,491 (-99.5%), from €44,736 to €245
- Profit (loss) carried forward -€20,538
down €20,538 (-102.3%), from -€20,086 to -€40,624
- Advances received +€15,026
new in 2025: €15,026
- Debts after one year -€7,540
down €7,540 (-59.2%), from €12,726 to €5,186
- Tax, wage and social debts -€6,640
down €6,640 (-33.8%), from €19,619 to €12,979
- Gross operating margin -€33,428
down €33,428, from €17,148 to -€16,280
- Financial charges -€517
down €517 (-35.7%), from €1,450 to €932
- Other operating charges +€469
up €469 (+121.2%), from €387 to €857
- Depreciation -€218
down €218 (-7.6%), from €2,847 to €2,629
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 | €72,533 | €14,372 | -€58,161 | -80.2% |
| Fixed assets | 21/28 | €4,780 | €6,200 | +€1,421 | +29.7% |
| Intangible fixed assets | 21 | €4,649 | €2,094 | -€2,555 | -55.0% |
| Tangible fixed assets | 22/27 | €128 | €54 | -€75 | -58.2% |
| Leasing and similar rights | 25 | €128 | €54 | -€75 | -58.2% |
| Financial fixed assets | 28 | €3 | €4,053 | +€4,050 | +135000.0% |
| Current assets | 29/58 | €67,753 | €8,171 | -€59,582 | -87.9% |
| Amounts receivable after more than one year | 29 | €11,450 | - | -€11,450 | |
| Other amounts receivable | 291 | €11,450 | - | -€11,450 | |
| Amounts receivable within one year | 40/41 | €52,142 | €8,171 | -€43,971 | -84.3% |
| Trade receivables | 40 | €52,142 | €7,919 | -€44,223 | -84.8% |
| Other amounts receivable | 41 | - | €253 | +€253 | |
| Cash at bank and in hand | 54/58 | €4,161 | - | -€4,161 | |
| Total equity and liabilities | 10/49 | €72,533 | €14,372 | -€58,161 | -80.2% |
| Equity | 10/15 | -€13,886 | -€34,424 | -€20,538 | -147.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,086 | -€40,624 | -€20,538 | -102.3% |
| Amounts payable | 17/49 | €86,418 | €48,795 | -€37,623 | -43.5% |
| Amounts payable after more than one year | 17 | €12,726 | €5,186 | -€7,540 | -59.2% |
| Financial debts | 170/4 | €12,726 | €5,186 | -€7,540 | -59.2% |
| Amounts payable within one year | 42/48 | €73,692 | €43,609 | -€30,083 | -40.8% |
| Current portion of amounts payable after more than one year | 42 | €9,259 | €9,336 | +€77 | +0.8% |
| Financial debts | 43 | - | €3,402 | +€3,402 | |
| Credit institutions | 430/8 | - | €3,402 | +€3,402 | |
| Trade debts | 44 | €44,736 | €245 | -€44,491 | -99.5% |
| Suppliers | 440/4 | €44,736 | €245 | -€44,491 | -99.5% |
| Advances received on contracts in progress | 46 | - | €15,026 | +€15,026 | |
| Taxes, remuneration and social security | 45 | €19,619 | €12,979 | -€6,640 | -33.8% |
| Taxes | 450/3 | €19,619 | €12,979 | -€6,640 | -33.8% |
| Other amounts payable | 47/48 | €79 | €2,623 | +€2,544 | +3206.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,847 | €2,629 | -€218 | -7.6% |
| Other operating charges | 640/8 | €387 | €857 | +€469 | +121.2% |
| Non-recurring operating charges | 66A | €1,422 | - | -€1,422 | |
| Gross operating margin | 9900 | €17,148 | -€16,280 | -€33,428 | |
| Operating profit (loss) | 9901 | €12,492 | -€19,766 | -€32,258 | |
| Financial income | 75/76B | - | €160 | +€160 | |
| Recurring financial income | 75 | - | €160 | +€160 | |
| Financial charges | 65/66B | €1,450 | €932 | -€517 | -35.7% |
| Recurring financial charges | 65 | €1,450 | €932 | -€517 | -35.7% |
| Profit (loss) for the period before taxes | 9903 | €11,043 | -€20,538 | -€31,581 | |
| Profit (loss) for the period | 9904 | €11,043 | -€20,538 | -€31,581 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,043 | -€20,538 | -€31,581 |
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 6 October 2026 via checked.be.