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
- Stocks and contracts +€7,316
up €7,316 (+28.2%), from €25,900 to €33,217
- Tangible fixed assets +€2,376
new in 2025: €2,376
- Cash -€1,140
down €1,140 (-7.7%), from €14,884 to €13,745
mainly Trade debts (-€7,637) and Stocks and contracts (-€7,316)
- Receivables within one year +€984
up €984 (+4221.0%), from €23 to €1,007
of which Trade receivables: +€978
- Other debts +€15,254
up €15,254 (+49.6%), from €30,732 to €45,986
- Trade debts -€7,637
no longer reported in 2025 (was €7,637)
- Tax, wage and social debts +€1,404
up €1,404 (+118.2%), from €1,188 to €2,591
- Profit (loss) carried forward +€515
up €515 (+68.8%), from -€749 to -€233
- Gross operating margin +€1,058
up €1,058 (+68.5%), from €1,544 to €2,602
- Depreciation +€824
new in 2025: €824
- Other operating charges +€187
up €187 (+33.9%), from €550 to €737
- Financial charges +€47
up €47 (+13.8%), from €341 to €388
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 | €40,808 | €50,344 | +€9,536 | +23.4% |
| Fixed assets | 21/28 | - | €2,376 | +€2,376 | |
| Tangible fixed assets | 22/27 | - | €2,376 | +€2,376 | |
| Furniture and vehicles | 24 | - | €2,376 | +€2,376 | |
| Current assets | 29/58 | €40,808 | €47,968 | +€7,160 | +17.5% |
| Stocks and contracts in progress | 3 | €25,900 | €33,217 | +€7,316 | +28.2% |
| Stocks | 30/36 | €25,900 | €33,217 | +€7,316 | +28.2% |
| Amounts receivable within one year | 40/41 | €23 | €1,007 | +€984 | +4221.0% |
| Trade receivables | 40 | - | €978 | +€978 | |
| Other amounts receivable | 41 | €23 | €29 | +€6 | +23.7% |
| Cash at bank and in hand | 54/58 | €14,884 | €13,745 | -€1,140 | -7.7% |
| Total equity and liabilities | 10/49 | €40,808 | €50,344 | +€9,536 | +23.4% |
| Equity | 10/15 | €1,251 | €1,767 | +€515 | +41.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€749 | -€233 | +€515 | +68.8% |
| Amounts payable | 17/49 | €39,557 | €48,577 | +€9,021 | +22.8% |
| Amounts payable within one year | 42/48 | €39,557 | €48,577 | +€9,021 | +22.8% |
| Trade debts | 44 | €7,637 | - | -€7,637 | |
| Suppliers | 440/4 | €7,637 | - | -€7,637 | |
| Taxes, remuneration and social security | 45 | €1,188 | €2,591 | +€1,404 | +118.2% |
| Taxes | 450/3 | €1,188 | €2,591 | +€1,404 | +118.2% |
| Other amounts payable | 47/48 | €30,732 | €45,986 | +€15,254 | +49.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €824 | +€824 | |
| Other operating charges | 640/8 | €550 | €737 | +€187 | +33.9% |
| Gross operating margin | 9900 | €1,544 | €2,602 | +€1,058 | +68.5% |
| Operating profit (loss) | 9901 | €994 | €1,041 | +€47 | +4.8% |
| Financial income | 75/76B | €4 | €2 | -€2 | -43.7% |
| Recurring financial income | 75 | €4 | €2 | -€2 | -43.7% |
| Financial charges | 65/66B | €341 | €388 | +€47 | +13.8% |
| Recurring financial charges | 65 | €341 | €388 | +€47 | +13.8% |
| Profit (loss) for the period before taxes | 9903 | €657 | €655 | -€2 | -0.2% |
| Income taxes | 67/77 | €143 | €140 | -€3 | -2.3% |
| Profit (loss) for the period | 9904 | €514 | €515 | +€2 | +0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €514 | €515 | +€2 | +0.3% |
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 11 October 2026 via checked.be.