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BCLG: 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.

What changed

BCLG

BE 0760.802.771
NACE 68.121, Development of residential building projects
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€366,783
2023 · €266,351+€100,431
Equity
€902,449
2023 · €675,902+€226,547
Cash
€494,234
2023 · €186,202+€308,033
Balance sheet total
€1.1m
2023 · €742,569+€362,396

Largest movements

2023 to 2024
Assets
  • Receivables after one year +€438,564

    new in 2024: €438,564

  • Current investments -€350,000

    no longer reported in 2024 (was €350,000)

  • Cash +€308,033

    up €308,033 (+165.4%), from €186,202 to €494,234

    mainly Net result for the year (+€366,783) and Current investments (+€350,000)

  • Stocks and contracts +€78,430

    new in 2024: €78,430

  • Receivables within one year -€74,237

    down €74,237 (-44.6%), from €166,399 to €92,162

    of which Other amounts receivable: -€37,506

Equity and liabilities
  • Reserves +€247,350

    up €247,350 (+38.2%), from €647,350 to €894,700

    of which Tax-exempt reserves: +€147,350

  • Other debts +€112,666

    up €112,666 (+245.8%), from €45,840 to €158,507

  • Tax, wage and social debts +€35,558

    up €35,558 (+505.1%), from €7,039 to €42,597

    of which Taxes: +€34,281

  • Profit (loss) carried forward -€20,803

    down €20,803 (-75.5%), from €27,552 to €6,749

  • Current portion of long-term debt -€12,307

    no longer reported in 2024 (was €12,307)

Income statement
  • Gross operating margin +€100,929

    up €100,929 (+27.5%), from €367,316 to €468,244

  • Taxes +€29,388

    up €29,388 (+35.5%), from €82,780 to €112,168

  • Financial income +€26,040

    up €26,040 (+5063.7%), from €514 to €26,554

  • Depreciation -€16,145

    no longer reported in 2024 (was €16,145)

  • Write-downs +€9,570

    new in 2024: €9,570

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €266,351
Gross operating margin +€100,929
Depreciation +€16,145
Write-downs -€9,570
Other operating charges -€189
Financial income +€26,040
Financial charges -€3,536
Taxes -€29,388
Result 2024 €366,783

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€71,340
Investment +€389,235
Financing -€152,542
Cash 2023 €186,202
Net result for the year +€366,783
Receivables after one year -€438,564
Stocks and contracts -€78,430
Receivables within one year +€74,237
Smaller working-capital items -€910
Tax, wage and social debts +€35,558
Other debts +€112,666
Investment in fixed assets (net) +€39,235
Current investments +€350,000
Current portion of long-term debt -€12,307
Contributions, distributions and other -€140,235
Cash 2024 €494,234
Every line side by side 46 lines
Line Code 2023 2024 Change %
Total assets 20/58 €742,569 €1,104,965 +€362,396 +48.8%
Fixed assets 21/28 €39,235 - -€39,235
Tangible fixed assets 22/27 €39,235 - -€39,235
Furniture and vehicles 24 €39,235 - -€39,235
Current assets 29/58 €703,334 €1,104,965 +€401,631 +57.1%
Amounts receivable after more than one year 29 - €438,564 +€438,564
Other amounts receivable 291 - €438,564 +€438,564
Stocks and contracts in progress 3 - €78,430 +€78,430
Stocks 30/36 - €78,430 +€78,430
Amounts receivable within one year 40/41 €166,399 €92,162 -€74,237 -44.6%
Trade receivables 40 €92,914 €56,184 -€36,730 -39.5%
Other amounts receivable 41 €73,484 €35,978 -€37,506 -51.0%
Current investments 50/53 €350,000 - -€350,000
Cash at bank and in hand 54/58 €186,202 €494,234 +€308,033 +165.4%
Deferred charges and accrued income 490/1 €733 €1,574 +€841 +114.8%
Total equity and liabilities 10/49 €742,569 €1,104,965 +€362,396 +48.8%
Equity 10/15 €675,902 €902,449 +€226,547 +33.5%
Contributions 10/11 €1,000 €1,000 = 0.0%
Reserves 13 €647,350 €894,700 +€247,350 +38.2%
Tax-exempt reserves 132 €147,350 €294,700 +€147,350 +100.0%
Distributable reserves 133 €500,000 €600,000 +€100,000 +20.0%
Profit (loss) carried forward 14 €27,552 €6,749 -€20,803 -75.5%
Amounts payable 17/49 €66,667 €202,516 +€135,849 +203.8%
Amounts payable within one year 42/48 €66,287 €202,408 +€136,121 +205.4%
Current portion of amounts payable after more than one year 42 €12,307 - -€12,307
Trade debts 44 €1,100 €1,304 +€204 +18.6%
Suppliers 440/4 €1,100 €1,304 +€204 +18.6%
Taxes, remuneration and social security 45 €7,039 €42,597 +€35,558 +505.1%
Taxes 450/3 €7,039 €41,320 +€34,281 +487.0%
Remuneration and social security 454/9 - €1,277 +€1,277
Other amounts payable 47/48 €45,840 €158,507 +€112,666 +245.8%
Accrued charges and deferred income 492/3 €380 €108 -€273 -71.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €16,145 - -€16,145
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 - €9,570 +€9,570
Other operating charges 640/8 €1,715 €1,904 +€189 +11.0%
Gross operating margin 9900 €367,316 €468,244 +€100,929 +27.5%
Operating profit (loss) 9901 €349,455 €456,770 +€107,315 +30.7%
Financial income 75/76B €514 €26,554 +€26,040 +5063.7%
Recurring financial income 75 €514 €26,554 +€26,040 +5063.7%
Financial charges 65/66B €839 €4,374 +€3,536 +421.6%
Recurring financial charges 65 €839 €4,374 +€3,536 +421.6%
Profit (loss) for the period before taxes 9903 €349,131 €478,950 +€129,819 +37.2%
Income taxes 67/77 €82,780 €112,168 +€29,388 +35.5%
Profit (loss) for the period 9904 €266,351 €366,783 +€100,431 +37.7%
Transfer to tax-exempt reserves 689 €147,350 €147,350 = 0.0%
Profit (loss) for the period to be appropriated 9905 €119,001 €219,433 +€100,431 +84.4%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.