BCOM: 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.
BCOM
Largest movements
- Tangible fixed assets +€42,588
up €42,588 (+41.9%), from €101,620 to €144,208
of which Furniture and vehicles: +€44,788
- Cash +€13,322
up €13,322 (+1,164%), from €1,144 to €14,466
mainly Other debts (+€95,958) and Net result for the year (+€18,982)
- Receivables within one year -€11,559
down €11,559 (-72.7%), from €15,899 to €4,340
of which Other amounts receivable: -€10,758
- Other debts +€95,958
up €95,958 (+3,971%), from €2,416 to €98,374
- Profit (loss) carried forward -€47,443
down €47,443 (-100%), from €47,443 to €0
- Reserves +€17,122
up €17,122 (+78.7%), from €21,757 to €38,879
of which Distributable reserves: +€18,982
- Tax, wage and social debts -€6,950
down €6,950 (-47.1%), from €14,745 to €7,795
of which Remuneration and social security: -€10,711
- Debts after one year -€6,334
down €6,334 (-49.5%), from €12,806 to €6,471
- Gross operating margin +€26,353
up €26,353 (+190%), from €13,865 to €40,218
- Taxes +€8,571
up €8,571 (+504%), from €1,702 to €10,273
- Other operating charges +€4,151
up €4,151 (+1,983%), from €209 to €4,361
- Financial charges -€2,550
down €2,550 (-68.4%), from €3,731 to €1,181
- Financial income -€752
down €752 (-88.4%), from €851 to €98
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 | €134,863 | €179,214 | +€44,351 | +32.9% |
| Fixed assets | 21/28 | €117,820 | €160,408 | +€42,588 | +36.1% |
| Tangible fixed assets | 22/27 | €101,620 | €144,208 | +€42,588 | +41.9% |
| Land and buildings | 22 | €94,864 | €91,693 | -€3,171 | -3.3% |
| Plant, machinery and equipment | 23 | - | €972 | +€972 | |
| Furniture and vehicles | 24 | €6,755 | €51,543 | +€44,788 | +663% |
| Financial fixed assets | 28 | €16,200 | €16,200 | = | 0.0% |
| Current assets | 29/58 | €17,043 | €18,806 | +€1,763 | +10.3% |
| Amounts receivable within one year | 40/41 | €15,899 | €4,340 | -€11,559 | -72.7% |
| Trade receivables | 40 | €5,141 | €4,340 | -€801 | -15.6% |
| Other amounts receivable | 41 | €10,758 | €0 | -€10,758 | -100% |
| Cash at bank and in hand | 54/58 | €1,144 | €14,466 | +€13,322 | +1,164% |
| Total equity and liabilities | 10/49 | €134,863 | €179,214 | +€44,351 | +32.9% |
| Equity | 10/15 | €87,800 | €57,479 | -€30,321 | -34.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,757 | €38,879 | +€17,122 | +78.7% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €19,897 | €38,879 | +€18,982 | +95.4% |
| Profit (loss) carried forward | 14 | €47,443 | €0 | -€47,443 | -100% |
| Amounts payable | 17/49 | €47,063 | €121,735 | +€74,671 | +159% |
| Amounts payable after more than one year | 17 | €12,806 | €6,471 | -€6,334 | -49.5% |
| Financial debts | 170/4 | €12,806 | €6,471 | -€6,334 | -49.5% |
| Amounts payable within one year | 42/48 | €34,258 | €115,263 | +€81,006 | +236% |
| Current portion of amounts payable after more than one year | 42 | €11,765 | €6,334 | -€5,431 | -46.2% |
| Trade debts | 44 | €5,332 | €2,760 | -€2,572 | -48.2% |
| Suppliers | 440/4 | €5,332 | €2,760 | -€2,572 | -48.2% |
| Taxes, remuneration and social security | 45 | €14,745 | €7,795 | -€6,950 | -47.1% |
| Taxes | 450/3 | €4,033 | €7,795 | +€3,761 | +93.3% |
| Remuneration and social security | 454/9 | €10,711 | €0 | -€10,711 | -100% |
| Other amounts payable | 47/48 | €2,416 | €98,374 | +€95,958 | +3,971% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,052 | €5,519 | +€467 | +9.2% |
| Other operating charges | 640/8 | €209 | €4,361 | +€4,151 | +1,983% |
| Gross operating margin | 9900 | €13,865 | €40,218 | +€26,353 | +190% |
| Operating profit (loss) | 9901 | €8,604 | €30,338 | +€21,734 | +253% |
| Financial income | 75/76B | €851 | €98 | -€752 | -88.4% |
| Recurring financial income | 75 | €851 | €98 | -€752 | -88.4% |
| Financial charges | 65/66B | €3,731 | €1,181 | -€2,550 | -68.4% |
| Recurring financial charges | 65 | €3,731 | €1,181 | -€2,550 | -68.4% |
| Profit (loss) for the period before taxes | 9903 | €5,724 | €29,256 | +€23,532 | +411% |
| Income taxes | 67/77 | €1,702 | €10,273 | +€8,571 | +504% |
| Profit (loss) for the period | 9904 | €4,022 | €18,982 | +€14,961 | +372% |
| Profit (loss) for the period to be appropriated | 9905 | €4,022 | €18,982 | +€14,961 | +372% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.