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BCLV: 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

BCLV

BE 0827.656.656
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€38,781
2024 · €23,306-€62,086
Equity
-€57,180
2024 · -€18,399-€38,781
Cash
€54
2024 · €34,941-€34,887
Balance sheet total
€192,890
2024 · €109,884+€83,006

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€137,107

    up €137,107 (+323.7%), from €42,350 to €179,457

    of which Land and buildings: +€118,833

  • Cash -€34,887

    down €34,887 (-99.8%), from €34,941 to €54

    mainly Investment in fixed assets (net) (-€143,279) and Net result for the year (-€38,781)

  • Receivables within one year -€19,214

    down €19,214 (-59.0%), from €32,593 to €13,379

Equity and liabilities
  • Other debts +€137,500

    up €137,500 (+4249.8%), from €3,235 to €140,735

  • Profit (loss) carried forward -€38,781

    down €38,781 (-104.8%), from -€36,999 to -€75,780

  • Debts after one year -€17,563

    down €17,563 (-16.6%), from €105,898 to €88,334

Income statement
  • Gross operating margin -€39,111

    down €39,111 (-94.8%), from €41,253 to €2,141

  • Other operating charges +€15,984

    up €15,984 (+352.7%), from €4,532 to €20,516

  • Depreciation -€2,709

    down €2,709 (-30.5%), from €8,881 to €6,172

  • Financial charges -€735

    down €735 (-16.2%), from €4,534 to €3,799

From the 2024 result to the 2025 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 2024 €23,306
Gross operating margin -€39,111
Depreciation +€2,709
Other operating charges -€15,984
Other operating items -€10,435
Financial charges +€735
Result 2025 -€38,781

Cash bridge derived

cash 2024 to 2025

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.

From operations +€125,386
Investment -€143,279
Financing -€16,994
Cash 2024 €34,941
Net result for the year -€38,781
Depreciation +€6,172
Receivables within one year +€19,214
Trade debts +€1,281
Other debts +€137,500
Investment in fixed assets (net) -€143,279
Debts after one year -€17,563
Current portion of long-term debt +€569
Cash 2025 €54
Every line side by side 32 lines
Line Code 2024 2025 Change %
Total assets 20/58 €109,884 €192,890 +€83,006 +75.5%
Fixed assets 21/28 €42,350 €179,457 +€137,107 +323.7%
Tangible fixed assets 22/27 €42,350 €179,457 +€137,107 +323.7%
Land and buildings 22 €42,350 €161,183 +€118,833 +280.6%
Other tangible fixed assets 26 - €18,274 +€18,274
Current assets 29/58 €67,534 €13,433 -€54,101 -80.1%
Amounts receivable within one year 40/41 €32,593 €13,379 -€19,214 -59.0%
Other amounts receivable 41 €32,593 €13,379 -€19,214 -59.0%
Cash at bank and in hand 54/58 €34,941 €54 -€34,887 -99.8%
Total equity and liabilities 10/49 €109,884 €192,890 +€83,006 +75.5%
Equity 10/15 -€18,399 -€57,180 -€38,781 -210.8%
Contributions 10/11 €18,600 €18,600 = 0.0%
Profit (loss) carried forward 14 -€36,999 -€75,780 -€38,781 -104.8%
Amounts payable 17/49 €128,284 €250,070 +€121,786 +94.9%
Amounts payable after more than one year 17 €105,898 €88,334 -€17,563 -16.6%
Financial debts 170/4 €105,898 €88,334 -€17,563 -16.6%
Amounts payable within one year 42/48 €22,386 €161,736 +€139,350 +622.5%
Current portion of amounts payable after more than one year 42 €16,994 €17,563 +€569 +3.3%
Trade debts 44 €2,156 €3,437 +€1,281 +59.4%
Suppliers 440/4 €2,156 €3,437 +€1,281 +59.4%
Other amounts payable 47/48 €3,235 €140,735 +€137,500 +4249.8%
Non-recurring operating income 76A €22,856 €0 -€22,856 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €8,881 €6,172 -€2,709 -30.5%
Other operating charges 640/8 €4,532 €20,516 +€15,984 +352.7%
Non-recurring operating charges 66A - €10,435 +€10,435
Gross operating margin 9900 €41,253 €2,141 -€39,111 -94.8%
Operating profit (loss) 9901 €27,840 -€34,981 -€62,821
Financial charges 65/66B €4,534 €3,799 -€735 -16.2%
Recurring financial charges 65 €4,534 €3,799 -€735 -16.2%
Profit (loss) for the period before taxes 9903 €23,306 -€38,781 -€62,086
Profit (loss) for the period 9904 €23,306 -€38,781 -€62,086
Profit (loss) for the period to be appropriated 9905 €23,306 -€38,781 -€62,086

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 30 September 2026 via checked.be.