BFCLOUD: 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.
BFCLOUD
Largest movements
- Current investments +€240,946
up €240,946 (+196.8%), from €122,447 to €363,393
- Receivables within one year -€216,372
down €216,372 (-76.2%), from €284,114 to €67,742
of which Trade receivables: -€232,990
- Cash -€68,409
down €68,409 (-35.3%), from €193,881 to €125,471
mainly Current investments (-€240,946) and Contributions, distributions and other (-€50,000)
- Financial fixed assets +€22,500
up €22,500 (+12.2%), from €185,000 to €207,500
- Reserves +€62,737
up €62,737 (+30.6%), from €205,323 to €268,060
of which Distributable reserves: +€62,737
- Profit (loss) carried forward -€50,000
down €50,000 (-8.8%), from €570,750 to €520,750
- Tax, wage and social debts -€18,678
down €18,678 (-74.9%), from €24,951 to €6,274
- Trade debts -€16,576
down €16,576 (-55.2%), from €30,024 to €13,447
- Other operating charges +€50,601
up €50,601 (+8943.5%), from €566 to €51,167
- Gross operating margin -€40,984
down €40,984 (-22.2%), from €184,768 to €143,784
- Taxes -€13,610
down €13,610 (-35.0%), from €38,939 to €25,329
- Depreciation -€3,724
down €3,724 (-32.7%), from €11,376 to €7,652
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 | €902,402 | €878,991 | -€23,411 | -2.6% |
| Fixed assets | 21/28 | €301,342 | €316,190 | +€14,848 | +4.9% |
| Tangible fixed assets | 22/27 | €116,342 | €108,690 | -€7,652 | -6.6% |
| Land and buildings | 22 | €115,016 | €108,305 | -€6,710 | -5.8% |
| Furniture and vehicles | 24 | €1,326 | €385 | -€942 | -71.0% |
| Financial fixed assets | 28 | €185,000 | €207,500 | +€22,500 | +12.2% |
| Current assets | 29/58 | €601,060 | €562,801 | -€38,259 | -6.4% |
| Amounts receivable within one year | 40/41 | €284,114 | €67,742 | -€216,372 | -76.2% |
| Trade receivables | 40 | €281,844 | €48,854 | -€232,990 | -82.7% |
| Other amounts receivable | 41 | €2,270 | €18,888 | +€16,618 | +732.0% |
| Current investments | 50/53 | €122,447 | €363,393 | +€240,946 | +196.8% |
| Cash at bank and in hand | 54/58 | €193,881 | €125,471 | -€68,409 | -35.3% |
| Deferred charges and accrued income | 490/1 | €618 | €6,194 | +€5,577 | +902.8% |
| Total equity and liabilities | 10/49 | €902,402 | €878,991 | -€23,411 | -2.6% |
| Equity | 10/15 | €796,533 | €809,270 | +€12,737 | +1.6% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €205,323 | €268,060 | +€62,737 | +30.6% |
| Tax-exempt reserves | 132 | €25,253 | €25,253 | = | 0.0% |
| Distributable reserves | 133 | €180,071 | €242,807 | +€62,737 | +34.8% |
| Profit (loss) carried forward | 14 | €570,750 | €520,750 | -€50,000 | -8.8% |
| Amounts payable | 17/49 | €105,868 | €69,721 | -€36,147 | -34.1% |
| Amounts payable within one year | 42/48 | €105,868 | €69,721 | -€36,147 | -34.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €30,024 | €13,447 | -€16,576 | -55.2% |
| Suppliers | 440/4 | €30,024 | €13,447 | -€16,576 | -55.2% |
| Taxes, remuneration and social security | 45 | €24,951 | €6,274 | -€18,678 | -74.9% |
| Taxes | 450/3 | €24,951 | €6,274 | -€18,678 | -74.9% |
| Other amounts payable | 47/48 | €50,894 | €50,000 | -€894 | -1.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,376 | €7,652 | -€3,724 | -32.7% |
| Other operating charges | 640/8 | €566 | €51,167 | +€50,601 | +8943.5% |
| Gross operating margin | 9900 | €184,768 | €143,784 | -€40,984 | -22.2% |
| Operating profit (loss) | 9901 | €172,826 | €84,965 | -€87,861 | -50.8% |
| Financial income | 75/76B | €2,021 | €2,817 | +€797 | +39.4% |
| Recurring financial income | 75 | €2,021 | €2,817 | +€797 | +39.4% |
| Financial charges | 65/66B | -€612 | -€283 | +€329 | +53.7% |
| Recurring financial charges | 65 | -€612 | -€283 | +€329 | +53.7% |
| Profit (loss) for the period before taxes | 9903 | €175,459 | €88,066 | -€87,393 | -49.8% |
| Income taxes | 67/77 | €38,939 | €25,329 | -€13,610 | -35.0% |
| Profit (loss) for the period | 9904 | €136,519 | €62,737 | -€73,783 | -54.0% |
| Profit (loss) for the period to be appropriated | 9905 | €136,519 | €62,737 | -€73,783 | -54.0% |
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 29 September 2026 via checked.be.