BIC PROJECTS: 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.
BIC PROJECTS
Largest movements
- Receivables within one year -€66,762
down €66,762 (-7.1%), from €936,315 to €869,553
of which Trade receivables: -€66,076
- Receivables after one year -€15,000
no longer reported in 2025 (was €15,000)
- Tangible fixed assets +€14,978
up €14,978 (+38.9%), from €38,540 to €53,518
of which Plant, machinery and equipment: +€16,900
- Cash -€10,220
down €10,220 (-87.4%), from €11,688 to €1,468
mainly Trade debts (-€146,073) and Investment in fixed assets (net) (-€26,047)
- Trade debts -€146,073
down €146,073 (-16.4%), from €890,205 to €744,132
- Other debts +€46,347
new in 2025: €46,347
- Profit (loss) carried forward +€21,573
up €21,573 (+53.4%), from €40,386 to €61,959
- Gross operating margin +€21,512
up €21,512, from -€151 to €21,360
- Taxes +€4,055
up €4,055 (+50.7%), from €8,003 to €12,058
- Depreciation +€2,593
up €2,593 (+30.6%), from €8,476 to €11,069
- Other operating charges +€1,820
up €1,820 (+39.5%), from €4,610 to €6,430
- Financial charges -€1,545
down €1,545 (-89.4%), from €1,729 to €183
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 | €1,011,643 | €937,544 | -€74,098 | -7.3% |
| Fixed assets | 21/28 | €38,540 | €53,518 | +€14,978 | +38.9% |
| Tangible fixed assets | 22/27 | €38,540 | €53,518 | +€14,978 | +38.9% |
| Land and buildings | 22 | €8,731 | €6,810 | -€1,922 | -22.0% |
| Plant, machinery and equipment | 23 | €29,809 | €46,708 | +€16,900 | +56.7% |
| Current assets | 29/58 | €973,103 | €884,026 | -€89,077 | -9.2% |
| Amounts receivable after more than one year | 29 | €15,000 | - | -€15,000 | |
| Other amounts receivable | 291 | €15,000 | - | -€15,000 | |
| Amounts receivable within one year | 40/41 | €936,315 | €869,553 | -€66,762 | -7.1% |
| Trade receivables | 40 | €416,371 | €350,294 | -€66,076 | -15.9% |
| Other amounts receivable | 41 | €519,944 | €519,259 | -€685 | -0.1% |
| Cash at bank and in hand | 54/58 | €11,688 | €1,468 | -€10,220 | -87.4% |
| Deferred charges and accrued income | 490/1 | €10,100 | €13,005 | +€2,905 | +28.8% |
| Total equity and liabilities | 10/49 | €1,011,643 | €937,544 | -€74,098 | -7.3% |
| Equity | 10/15 | €113,434 | €135,007 | +€21,573 | +19.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €11,048 | €11,048 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €4,848 | €4,848 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,386 | €61,959 | +€21,573 | +53.4% |
| Amounts payable | 17/49 | €898,208 | €802,537 | -€95,671 | -10.7% |
| Amounts payable within one year | 42/48 | €898,208 | €802,537 | -€95,671 | -10.7% |
| Trade debts | 44 | €890,205 | €744,132 | -€146,073 | -16.4% |
| Suppliers | 440/4 | €890,205 | €744,132 | -€146,073 | -16.4% |
| Taxes, remuneration and social security | 45 | €8,003 | €12,058 | +€4,055 | +50.7% |
| Taxes | 450/3 | €8,003 | €12,058 | +€4,055 | +50.7% |
| Other amounts payable | 47/48 | - | €46,347 | +€46,347 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,476 | €11,069 | +€2,593 | +30.6% |
| Other operating charges | 640/8 | €4,610 | €6,430 | +€1,820 | +39.5% |
| Gross operating margin | 9900 | -€151 | €21,360 | +€21,512 | |
| Operating profit (loss) | 9901 | -€13,237 | €3,862 | +€17,099 | |
| Financial income | 75/76B | €28,788 | €29,952 | +€1,164 | +4.0% |
| Recurring financial income | 75 | €28,788 | €29,952 | +€1,164 | +4.0% |
| Financial charges | 65/66B | €1,729 | €183 | -€1,545 | -89.4% |
| Recurring financial charges | 65 | €1,729 | €183 | -€1,545 | -89.4% |
| Profit (loss) for the period before taxes | 9903 | €13,823 | €33,631 | +€19,808 | +143% |
| Income taxes | 67/77 | €8,003 | €12,058 | +€4,055 | +50.7% |
| Profit (loss) for the period | 9904 | €5,820 | €21,573 | +€15,753 | +271% |
| Profit (loss) for the period to be appropriated | 9905 | €5,820 | €21,573 | +€15,753 | +271% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.