BCX EINDEWERE: 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.
BCX EINDEWERE
Largest movements
- Cash -€86,030
down €86,030 (-87.5%), from €98,275 to €12,245
mainly Investment in fixed assets (net) (-€84,326) and Net result for the year (-€17,418)
- Financial fixed assets +€85,000
new in 2025: €85,000
- Receivables within one year -€22,795
down €22,795 (-86.1%), from €26,465 to €3,670
of which Other amounts receivable: -€24,383
- Tangible fixed assets -€17,482
down €17,482 (-43.6%), from €40,063 to €22,581
of which Plant, machinery and equipment: -€13,901
- Current investments +€6,577
new in 2025: €6,577
- Profit (loss) carried forward -€17,418
down €17,418 (-15.0%), from €115,876 to €98,458
- Tax, wage and social debts -€17,326
down €17,326 (-67.7%), from €25,604 to €8,277
of which Taxes: -€13,403
- Other debts +€12,776
new in 2025: €12,776
- Current portion of long-term debt -€5,989
down €5,989 (-57.6%), from €10,401 to €4,411
- Debts after one year -€4,411
no longer reported in 2025 (was €4,411)
- Gross operating margin -€86,003
down €86,003 (-62.4%), from €137,930 to €51,928
- Taxes -€12,655
down €12,655 (-99.3%), from €12,740 to €85
- Depreciation -€6,678
down €6,678 (-28.4%), from €23,486 to €16,808
- Staff costs -€3,009
down €3,009 (-5.8%), from €51,723 to €48,713
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 | €170,636 | €139,147 | -€31,490 | -18.5% |
| Fixed assets | 21/28 | €40,063 | €107,581 | +€67,518 | +168.5% |
| Tangible fixed assets | 22/27 | €40,063 | €22,581 | -€17,482 | -43.6% |
| Plant, machinery and equipment | 23 | €13,901 | - | -€13,901 | |
| Furniture and vehicles | 24 | €5,619 | €8,357 | +€2,738 | +48.7% |
| Other tangible fixed assets | 26 | €20,543 | €14,224 | -€6,320 | -30.8% |
| Financial fixed assets | 28 | - | €85,000 | +€85,000 | |
| Current assets | 29/58 | €130,574 | €31,566 | -€99,008 | -75.8% |
| Stocks and contracts in progress | 3 | €2,660 | €6,860 | +€4,200 | +157.9% |
| Stocks | 30/36 | €2,660 | €6,860 | +€4,200 | +157.9% |
| Amounts receivable within one year | 40/41 | €26,465 | €3,670 | -€22,795 | -86.1% |
| Trade receivables | 40 | €2,082 | €3,670 | +€1,588 | +76.3% |
| Other amounts receivable | 41 | €24,383 | - | -€24,383 | |
| Current investments | 50/53 | - | €6,577 | +€6,577 | |
| Cash at bank and in hand | 54/58 | €98,275 | €12,245 | -€86,030 | -87.5% |
| Deferred charges and accrued income | 490/1 | €3,174 | €2,214 | -€960 | -30.2% |
| Total equity and liabilities | 10/49 | €170,636 | €139,147 | -€31,490 | -18.5% |
| Equity | 10/15 | €125,876 | €108,458 | -€17,418 | -13.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €115,876 | €98,458 | -€17,418 | -15.0% |
| Amounts payable | 17/49 | €44,760 | €30,688 | -€14,072 | -31.4% |
| Amounts payable after more than one year | 17 | €4,411 | - | -€4,411 | |
| Financial debts | 170/4 | €4,411 | - | -€4,411 | |
| Amounts payable within one year | 42/48 | €40,349 | €30,688 | -€9,660 | -23.9% |
| Current portion of amounts payable after more than one year | 42 | €10,401 | €4,411 | -€5,989 | -57.6% |
| Trade debts | 44 | €4,344 | €5,224 | +€880 | +20.3% |
| Suppliers | 440/4 | €4,344 | €5,224 | +€880 | +20.3% |
| Taxes, remuneration and social security | 45 | €25,604 | €8,277 | -€17,326 | -67.7% |
| Taxes | 450/3 | €14,079 | €677 | -€13,403 | -95.2% |
| Remuneration and social security | 454/9 | €11,525 | €7,601 | -€3,924 | -34.0% |
| Other amounts payable | 47/48 | - | €12,776 | +€12,776 | |
| Remuneration, social security and pensions | 62 | €51,723 | €48,713 | -€3,009 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,486 | €16,808 | -€6,678 | -28.4% |
| Other operating charges | 640/8 | €2,838 | €2,492 | -€346 | -12.2% |
| Gross operating margin | 9900 | €137,930 | €51,928 | -€86,003 | -62.4% |
| Operating profit (loss) | 9901 | €59,884 | -€16,085 | -€75,969 | |
| Financial income | 75/76B | €119 | €1 | -€118 | -99.4% |
| Recurring financial income | 75 | €119 | €1 | -€118 | -99.4% |
| Financial charges | 65/66B | €1,844 | €1,249 | -€595 | -32.3% |
| Recurring financial charges | 65 | €1,844 | €1,249 | -€595 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | €58,158 | -€17,333 | -€75,491 | |
| Income taxes | 67/77 | €12,740 | €85 | -€12,655 | -99.3% |
| Profit (loss) for the period | 9904 | €45,418 | -€17,418 | -€62,836 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,418 | -€17,418 | -€62,836 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.