BCL Gestion: what changed
Two financial 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 Gestion
Largest movements
- Cash +€32,383
up €32,383 (+17.5%), from €184,846 to €217,230
mainly Net result for the year (+€45,014) and Receivables within one year (+€26,557)
- Receivables within one year -€26,557
down €26,557 (-51.4%), from €51,706 to €25,148
of which Trade receivables: -€26,371
- Other debts -€8,646
down €8,646 (-8.6%), from €100,773 to €92,127
- Tax, wage and social debts +€7,720
up €7,720 (+122%), from €6,318 to €14,038
of which Taxes: +€7,720
- Reserves +€7,500
up €7,500 (+6.7%), from €112,717 to €120,217
of which Distributable reserves: +€7,500
- Trade debts +€4,900
up €4,900 (+36.9%), from €13,284 to €18,184
- Debts after one year -€4,187
down €4,187 (-24.2%), from €17,287 to €13,100
- Turnover +€54,433
up €54,433 (+19.6%), from €277,211 to €331,644
- Purchases and services +€36,437
up €36,437 (+16.6%), from €219,117 to €255,554
- Depreciation -€4,395
down €4,395 (-30.6%), from €14,370 to €9,975
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.
Derived cash bridge
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 | €267,103 | €271,468 | +€4,365 | +1.6% |
| Fixed assets | 21/28 | €27,799 | €25,938 | -€1,861 | -6.7% |
| Tangible fixed assets | 22/27 | €27,799 | €25,938 | -€1,861 | -6.7% |
| Plant, machinery and equipment | 23 | €16,480 | €20,358 | +€3,878 | +23.5% |
| Furniture and vehicles | 24 | €11,319 | €5,579 | -€5,739 | -50.7% |
| Current assets | 29/58 | €239,303 | €245,530 | +€6,226 | +2.6% |
| Amounts receivable within one year | 40/41 | €51,706 | €25,148 | -€26,557 | -51.4% |
| Trade receivables | 40 | €45,057 | €18,686 | -€26,371 | -58.5% |
| Other amounts receivable | 41 | €6,648 | €6,462 | -€186 | -2.8% |
| Cash at bank and in hand | 54/58 | €184,846 | €217,230 | +€32,383 | +17.5% |
| Deferred charges and accrued income | 490/1 | €2,752 | €3,152 | +€400 | +14.5% |
| Total equity and liabilities | 10/49 | €267,103 | €271,468 | +€4,365 | +1.6% |
| Equity | 10/15 | €121,613 | €129,627 | +€8,014 | +6.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €112,717 | €120,217 | +€7,500 | +6.7% |
| Non-distributable reserves | 130/1 | €717 | €717 | = | 0.0% |
| Reserves not available under the articles | 1311 | €717 | €717 | = | 0.0% |
| Distributable reserves | 133 | €112,000 | €119,500 | +€7,500 | +6.7% |
| Profit (loss) carried forward | 14 | €2,696 | €3,209 | +€514 | +19.1% |
| Amounts payable | 17/49 | €145,490 | €141,841 | -€3,648 | -2.5% |
| Amounts payable after more than one year | 17 | €17,287 | €13,100 | -€4,187 | -24.2% |
| Financial debts | 170/4 | €17,287 | €13,100 | -€4,187 | -24.2% |
| Amounts payable within one year | 42/48 | €128,203 | €128,742 | +€539 | +0.4% |
| Current portion of amounts payable after more than one year | 42 | €7,828 | €4,393 | -€3,436 | -43.9% |
| Trade debts | 44 | €13,284 | €18,184 | +€4,900 | +36.9% |
| Suppliers | 440/4 | €13,284 | €18,184 | +€4,900 | +36.9% |
| Taxes, remuneration and social security | 45 | €6,318 | €14,038 | +€7,720 | +122% |
| Taxes | 450/3 | €6,318 | €14,038 | +€7,720 | +122% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €100,773 | €92,127 | -€8,646 | -8.6% |
| Turnover | 70 | €277,211 | €331,644 | +€54,433 | +19.6% |
| Non-recurring operating income | 76A | €0 | €1 | +€1 | +1,333% |
| Goods, raw materials, services and sundry goods | 60/61 | €219,117 | €255,554 | +€36,437 | +16.6% |
| Remuneration, social security and pensions | 62 | -€6 | €0 | +€6 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,370 | €9,975 | -€4,395 | -30.6% |
| Other operating charges | 640/8 | €2,678 | €2,123 | -€556 | -20.8% |
| Non-recurring operating charges | 66A | - | €153 | +€153 | |
| Gross operating margin | 9900 | €77,149 | €76,092 | -€1,057 | -1.4% |
| Operating profit (loss) | 9901 | €60,106 | €63,841 | +€3,735 | +6.2% |
| Financial income | 75/76B | €725 | €802 | +€76 | +10.5% |
| Recurring financial income | 75 | €725 | €802 | +€76 | +10.5% |
| Financial charges | 65/66B | €1,826 | €1,402 | -€424 | -23.2% |
| Recurring financial charges | 65 | €1,741 | €1,402 | -€338 | -19.4% |
| Non-recurring financial charges | 66B | €85 | - | -€85 | |
| Profit (loss) for the period before taxes | 9903 | €59,006 | €63,241 | +€4,234 | +7.2% |
| Income taxes | 67/77 | €17,680 | €18,227 | +€547 | +3.1% |
| Profit (loss) for the period | 9904 | €41,326 | €45,014 | +€3,687 | +8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €41,326 | €45,014 | +€3,687 | +8.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.