BCSG FINANCE: 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.
BCSG FINANCE
Largest movements
- Current investments -€221,589
down €221,589 (-99.9%), from €221,759 to €171
- Other debts -€165,000
down €165,000 (-100%), from €165,000 to €0
- Tax, wage and social debts -€60,130
down €60,130 (-64.1%), from €93,771 to €33,641
of which Taxes: -€36,833
- Gross operating margin -€305,575
down €305,575 (-46.8%), from €653,315 to €347,740
- Staff costs -€81,726
down €81,726 (-20.0%), from €407,625 to €325,898
- Taxes -€54,937
down €54,937 (-82.1%), from €66,902 to €11,964
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 | €455,065 | €235,564 | -€219,501 | -48.2% |
| Fixed assets | 21/28 | €773 | €773 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €773 | €773 | = | 0.0% |
| Current assets | 29/58 | €454,292 | €234,791 | -€219,501 | -48.3% |
| Amounts receivable within one year | 40/41 | €119,419 | €119,787 | +€369 | +0.3% |
| Trade receivables | 40 | €107,970 | €96,892 | -€11,078 | -10.3% |
| Other amounts receivable | 41 | €11,449 | €22,896 | +€11,447 | +100.0% |
| Current investments | 50/53 | €221,759 | €171 | -€221,589 | -99.9% |
| Cash at bank and in hand | 54/58 | €113,114 | €114,833 | +€1,719 | +1.5% |
| Total equity and liabilities | 10/49 | €455,065 | €235,564 | -€219,501 | -48.2% |
| Equity | 10/15 | €109,139 | €110,985 | +€1,846 | +1.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €20,000 | +€20,000 | |
| Other | 1109/19 | - | €20,000 | +€20,000 | |
| Reserves | 13 | €89,139 | €90,985 | +€1,846 | +2.1% |
| Distributable reserves | 133 | €89,139 | €90,985 | +€1,846 | +2.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €345,926 | €124,579 | -€221,346 | -64.0% |
| Amounts payable after more than one year | 17 | €0 | €0 | = | |
| Financial debts | 170/4 | €0 | €0 | = | |
| Amounts payable within one year | 42/48 | €345,926 | €124,579 | -€221,346 | -64.0% |
| Current portion of amounts payable after more than one year | 42 | €75,075 | €78,458 | +€3,383 | +4.5% |
| Trade debts | 44 | €12,080 | €12,480 | +€400 | +3.3% |
| Suppliers | 440/4 | €12,080 | €12,480 | +€400 | +3.3% |
| Taxes, remuneration and social security | 45 | €93,771 | €33,641 | -€60,130 | -64.1% |
| Taxes | 450/3 | €36,833 | - | -€36,833 | |
| Remuneration and social security | 454/9 | €56,938 | €33,641 | -€23,298 | -40.9% |
| Other amounts payable | 47/48 | €165,000 | €0 | -€165,000 | -100% |
| Remuneration, social security and pensions | 62 | €407,625 | €325,898 | -€81,726 | -20.0% |
| Other operating charges | 640/8 | €1,580 | €1,834 | +€253 | +16.0% |
| Gross operating margin | 9900 | €653,315 | €347,740 | -€305,575 | -46.8% |
| Operating profit (loss) | 9901 | €244,110 | €20,007 | -€224,102 | -91.8% |
| Financial income | 75/76B | €745 | €2,482 | +€1,738 | +233% |
| Recurring financial income | 75 | €745 | €2,482 | +€1,738 | +233% |
| Financial charges | 65/66B | €8,426 | €8,680 | +€254 | +3.0% |
| Recurring financial charges | 65 | €8,426 | €8,680 | +€254 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €236,429 | €13,810 | -€222,619 | -94.2% |
| Income taxes | 67/77 | €66,902 | €11,964 | -€54,937 | -82.1% |
| Profit (loss) for the period | 9904 | €169,527 | €1,846 | -€167,682 | -98.9% |
| Profit (loss) for the period to be appropriated | 9905 | €169,527 | €1,846 | -€167,682 | -98.9% |
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.