BCYCL: 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.
BCYCL
Largest movements
- Stocks and contracts -€27,415
down €27,415 (-32.7%), from €83,740 to €56,325
- Tangible fixed assets -€2,076
down €2,076 (-33.1%), from €6,277 to €4,201
- Profit (loss) carried forward -€38,774
down €38,774 (-898.6%), from -€4,315 to -€43,089
- Accrued charges and deferred income +€5,702
new in 2025: €5,702
- Tax, wage and social debts +€3,392
new in 2025: €3,392
- Other debts -€1,448
down €1,448 (-1.7%), from €84,951 to €83,503
- Trade debts +€1,089
up €1,089 (+78.6%), from €1,385 to €2,474
- Turnover -€55,525
down €55,525 (-52.5%), from €105,677 to €50,152
- Purchases and services -€48,335
down €48,335 (-39.2%), from €123,373 to €75,038
- Gross operating margin -€7,190
down €7,190 (-40.6%), from -€17,696 to -€24,886
- Staff costs -€5,671
down €5,671 (-37.1%), from €15,306 to €9,635
- Taxes +€5,419
no longer reported in 2025 (was -€5,419)
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 | €93,021 | €62,982 | -€30,039 | -32.3% |
| Fixed assets | 21/28 | €6,277 | €4,201 | -€2,076 | -33.1% |
| Tangible fixed assets | 22/27 | €6,277 | €4,201 | -€2,076 | -33.1% |
| Furniture and vehicles | 24 | €6,277 | €4,201 | -€2,076 | -33.1% |
| Current assets | 29/58 | €86,744 | €58,781 | -€27,963 | -32.2% |
| Stocks and contracts in progress | 3 | €83,740 | €56,325 | -€27,415 | -32.7% |
| Stocks | 30/36 | €83,740 | €56,325 | -€27,415 | -32.7% |
| Amounts receivable within one year | 40/41 | €245 | - | -€245 | |
| Other amounts receivable | 41 | €245 | - | -€245 | |
| Cash at bank and in hand | 54/58 | €2,515 | €2,456 | -€59 | -2.3% |
| Deferred charges and accrued income | 490/1 | €244 | - | -€244 | |
| Total equity and liabilities | 10/49 | €93,021 | €62,982 | -€30,039 | -32.3% |
| Equity | 10/15 | €6,685 | -€32,089 | -€38,774 | |
| Contributions | 10/11 | €11,000 | €11,000 | = | 0.0% |
| Capital | 10 | €11,000 | €11,000 | = | 0.0% |
| Issued capital | 100 | €11,000 | €11,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,315 | -€43,089 | -€38,774 | -898.6% |
| Amounts payable | 17/49 | €86,336 | €95,071 | +€8,735 | +10.1% |
| Amounts payable within one year | 42/48 | €86,336 | €89,369 | +€3,033 | +3.5% |
| Trade debts | 44 | €1,385 | €2,474 | +€1,089 | +78.6% |
| Suppliers | 440/4 | €1,385 | €2,474 | +€1,089 | +78.6% |
| Taxes, remuneration and social security | 45 | - | €3,392 | +€3,392 | |
| Taxes | 450/3 | - | €3,392 | +€3,392 | |
| Other amounts payable | 47/48 | €84,951 | €83,503 | -€1,448 | -1.7% |
| Accrued charges and deferred income | 492/3 | - | €5,702 | +€5,702 | |
| Turnover | 70 | €105,677 | €50,152 | -€55,525 | -52.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €123,373 | €75,038 | -€48,335 | -39.2% |
| Remuneration, social security and pensions | 62 | €15,306 | €9,635 | -€5,671 | -37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,017 | €3,853 | -€164 | -4.1% |
| Other operating charges | 640/8 | €364 | €204 | -€160 | -44.0% |
| Gross operating margin | 9900 | -€17,696 | -€24,886 | -€7,190 | -40.6% |
| Operating profit (loss) | 9901 | -€37,383 | -€38,578 | -€1,195 | -3.2% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €293 | €198 | -€95 | -32.4% |
| Recurring financial charges | 65 | €293 | €198 | -€95 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | -€37,676 | -€38,774 | -€1,098 | -2.9% |
| Income taxes | 67/77 | -€5,419 | - | +€5,419 | |
| Profit (loss) for the period | 9904 | -€32,257 | -€38,774 | -€6,517 | -20.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,257 | -€38,774 | -€6,517 | -20.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.