BICCONSTRUCT: what changed
BICCONSTRUCT
Largest movements
- Receivables within one year +€53,232
up €53,232 (+238%), from €22,330 to €75,562
of which Trade receivables: +€51,639
- Cash -€7,338
down €7,338 (-36.4%), from €20,168 to €12,830
mainly Receivables within one year (-€53,232) and Investment in fixed assets (net) (-€1,074)
- Other debts +€15,702
up €15,702 (+107,400%), from €15 to €15,716
- Trade debts +€11,053
up €11,053 (+131%), from €8,461 to €19,515
- Profit (loss) carried forward +€10,878
up €10,878 (+33.8%), from €32,136 to €43,014
- Tax, wage and social debts +€8,977
up €8,977 (+125%), from €7,178 to €16,154
of which Remuneration and social security: +€10,560
- Gross operating margin -€11,745
down €11,745 (-43.6%), from €26,966 to €15,222
- Taxes -€3,950
down €3,950 (-51.2%), from €7,716 to €3,766
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,698 | €101,308 | +€46,610 | +85.2% |
| Fixed assets | 21/28 | €12,200 | €12,916 | +€716 | +5.9% |
| Tangible fixed assets | 22/27 | €11,500 | €12,216 | +€716 | +6.2% |
| Plant, machinery and equipment | 23 | - | €716 | +€716 | |
| Assets under construction and advance payments | 27 | €11,500 | €11,500 | = | 0.0% |
| Financial fixed assets | 28 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €42,498 | €88,392 | +€45,894 | +108% |
| Amounts receivable within one year | 40/41 | €22,330 | €75,562 | +€53,232 | +238% |
| Trade receivables | 40 | €17,947 | €69,586 | +€51,639 | +288% |
| Other amounts receivable | 41 | €4,383 | €5,976 | +€1,593 | +36.3% |
| Cash at bank and in hand | 54/58 | €20,168 | €12,830 | -€7,338 | -36.4% |
| Total equity and liabilities | 10/49 | €54,698 | €101,308 | +€46,610 | +85.2% |
| Equity | 10/15 | €39,044 | €49,922 | +€10,878 | +27.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €708 | €708 | = | 0.0% |
| Non-distributable reserves | 130/1 | €708 | €708 | = | 0.0% |
| Reserves not available under the articles | 1311 | €708 | €708 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,136 | €43,014 | +€10,878 | +33.8% |
| Amounts payable | 17/49 | €15,654 | €51,386 | +€35,732 | +228% |
| Amounts payable within one year | 42/48 | €15,654 | €51,386 | +€35,732 | +228% |
| Trade debts | 44 | €8,461 | €19,515 | +€11,053 | +131% |
| Suppliers | 440/4 | €8,461 | €19,515 | +€11,053 | +131% |
| Taxes, remuneration and social security | 45 | €7,178 | €16,154 | +€8,977 | +125% |
| Taxes | 450/3 | €7,178 | €5,594 | -€1,583 | -22.1% |
| Remuneration and social security | 454/9 | - | €10,560 | +€10,560 | |
| Other amounts payable | 47/48 | €15 | €15,716 | +€15,702 | +107,400% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €211 | €358 | +€147 | +69.6% |
| Gross operating margin | 9900 | €26,966 | €15,222 | -€11,745 | -43.6% |
| Operating profit (loss) | 9901 | €26,755 | €14,864 | -€11,891 | -44.4% |
| Financial charges | 65/66B | €487 | €220 | -€268 | -54.9% |
| Recurring financial charges | 65 | €487 | €220 | -€268 | -54.9% |
| Profit (loss) for the period before taxes | 9903 | €26,268 | €14,644 | -€11,624 | -44.3% |
| Income taxes | 67/77 | €7,716 | €3,766 | -€3,950 | -51.2% |
| Profit (loss) for the period | 9904 | €18,552 | €10,878 | -€7,674 | -41.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,552 | €10,878 | -€7,674 | -41.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.