BCW Global: 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.
BCW Global
Largest movements
- Current investments +€452,304
up €452,304 (+142.6%), from €317,259 to €769,563
- Cash -€93,738
down €93,738 (-39.3%), from €238,494 to €144,755
mainly Current investments (-€452,304) and Tax, wage and social debts (-€100,300)
- Receivables within one year -€18,082
down €18,082 (-14.5%), from €124,879 to €106,797
of which Trade receivables: -€18,573
- Reserves +€443,300
up €443,300 (+84.9%), from €522,000 to €965,300
- Tax, wage and social debts -€100,300
down €100,300 (-67.8%), from €147,837 to €47,537
of which Taxes: -€100,476
- Gross operating margin -€109,121
down €109,121 (-14.3%), from €760,457 to €651,336
- Taxes -€30,137
down €30,137 (-12.7%), from €237,200 to €207,063
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €682,880 | €1,022,515 | +€339,635 | +49.7% |
| Fixed assets | 21/28 | €2,248 | €1,399 | -€849 | -37.8% |
| Tangible fixed assets | 22/27 | €2,248 | €1,399 | -€849 | -37.8% |
| Furniture and vehicles | 24 | €2,248 | €1,399 | -€849 | -37.8% |
| Current assets | 29/58 | €680,632 | €1,021,116 | +€340,484 | +50.0% |
| Amounts receivable within one year | 40/41 | €124,879 | €106,797 | -€18,082 | -14.5% |
| Trade receivables | 40 | €124,129 | €105,556 | -€18,573 | -15.0% |
| Other amounts receivable | 41 | €750 | €1,241 | +€491 | +65.5% |
| Current investments | 50/53 | €317,259 | €769,563 | +€452,304 | +142.6% |
| Cash at bank and in hand | 54/58 | €238,494 | €144,755 | -€93,738 | -39.3% |
| Total equity and liabilities | 10/49 | €682,880 | €1,022,515 | +€339,635 | +49.7% |
| Equity | 10/15 | €529,344 | €972,684 | +€443,340 | +83.8% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €522,000 | €965,300 | +€443,300 | +84.9% |
| Distributable reserves | 133 | €522,000 | €965,300 | +€443,300 | +84.9% |
| Profit (loss) carried forward | 14 | €844 | €884 | +€40 | +4.8% |
| Amounts payable | 17/49 | €153,536 | €49,831 | -€103,705 | -67.5% |
| Amounts payable within one year | 42/48 | €153,536 | €49,831 | -€103,705 | -67.5% |
| Trade debts | 44 | €5,699 | €2,293 | -€3,406 | -59.8% |
| Suppliers | 440/4 | €5,699 | €2,293 | -€3,406 | -59.8% |
| Taxes, remuneration and social security | 45 | €147,837 | €47,537 | -€100,300 | -67.8% |
| Taxes | 450/3 | €137,506 | €37,030 | -€100,476 | -73.1% |
| Remuneration and social security | 454/9 | €10,331 | €10,507 | +€176 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €325 | €849 | +€524 | +161.5% |
| Gross operating margin | 9900 | €760,457 | €651,336 | -€109,121 | -14.3% |
| Operating profit (loss) | 9901 | €760,132 | €650,487 | -€109,645 | -14.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €88 | €84 | -€4 | -4.9% |
| Recurring financial charges | 65 | €88 | €84 | -€4 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €760,044 | €650,403 | -€109,641 | -14.4% |
| Income taxes | 67/77 | €237,200 | €207,063 | -€30,137 | -12.7% |
| Profit (loss) for the period | 9904 | €522,844 | €443,340 | -€79,504 | -15.2% |
| Profit (loss) for the period to be appropriated | 9905 | €522,844 | €443,340 | -€79,504 | -15.2% |
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 29 September 2026 via checked.be.