BICH VENTURES: 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.
BICH VENTURES
Largest movements
- Cash -€228,634
down €228,634 (-90.9%), from €251,464 to €22,830
mainly Contributions, distributions and other (-€270,000) and Investment in fixed assets (net) (-€217,105)
- Tangible fixed assets +€208,146
up €208,146 (+2,995%), from €6,950 to €215,095
of which Land and buildings: +€212,474
- Receivables within one year -€14,560
down €14,560 (-20.6%), from €70,799 to €56,240
of which Trade receivables: -€17,115
- Reserves -€150,541
down €150,541 (-58.1%), from €258,975 to €108,434
- Debts after one year +€102,286
new in 2026: €102,286
- Tax, wage and social debts -€21,883
down €21,883 (-77.6%), from €28,188 to €6,305
of which Taxes: -€22,783
- Trade debts +€17,986
up €17,986 (+414%), from €4,347 to €22,333
- Current portion of long-term debt +€10,745
new in 2026: €10,745
- Gross operating margin -€19,406
down €19,406 (-10.4%), from €186,203 to €166,797
- Taxes -€9,913
down €9,913 (-22.9%), from €43,237 to €33,324
- Depreciation +€4,727
up €4,727 (+112%), from €4,232 to €8,959
- Financial charges +€3,820
up €3,820 (+150%), from €2,546 to €6,366
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €330,078 | €296,016 | -€34,062 | -10.3% |
| Fixed assets | 21/28 | €6,950 | €215,095 | +€208,146 | +2,995% |
| Tangible fixed assets | 22/27 | €6,950 | €215,095 | +€208,146 | +2,995% |
| Land and buildings | 22 | - | €212,474 | +€212,474 | |
| Plant, machinery and equipment | 23 | €1,674 | €513 | -€1,161 | -69.4% |
| Furniture and vehicles | 24 | €5,276 | €2,109 | -€3,167 | -60.0% |
| Current assets | 29/58 | €323,128 | €80,921 | -€242,207 | -75.0% |
| Amounts receivable within one year | 40/41 | €70,799 | €56,240 | -€14,560 | -20.6% |
| Trade receivables | 40 | €70,799 | €53,684 | -€17,115 | -24.2% |
| Other amounts receivable | 41 | - | €2,555 | +€2,555 | |
| Cash at bank and in hand | 54/58 | €251,464 | €22,830 | -€228,634 | -90.9% |
| Deferred charges and accrued income | 490/1 | €865 | €1,851 | +€987 | +114% |
| Total equity and liabilities | 10/49 | €330,078 | €296,016 | -€34,062 | -10.3% |
| Equity | 10/15 | €263,975 | €113,434 | -€150,541 | -57.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €258,975 | €108,434 | -€150,541 | -58.1% |
| Distributable reserves | 133 | €258,975 | €108,434 | -€150,541 | -58.1% |
| Amounts payable | 17/49 | €66,102 | €182,582 | +€116,480 | +176% |
| Amounts payable after more than one year | 17 | - | €102,286 | +€102,286 | |
| Financial debts | 170/4 | - | €102,286 | +€102,286 | |
| Amounts payable within one year | 42/48 | €65,839 | €79,558 | +€13,719 | +20.8% |
| Current portion of amounts payable after more than one year | 42 | - | €10,745 | +€10,745 | |
| Trade debts | 44 | €4,347 | €22,333 | +€17,986 | +414% |
| Suppliers | 440/4 | €4,347 | €22,333 | +€17,986 | +414% |
| Taxes, remuneration and social security | 45 | €28,188 | €6,305 | -€21,883 | -77.6% |
| Taxes | 450/3 | €28,188 | €5,405 | -€22,783 | -80.8% |
| Remuneration and social security | 454/9 | - | €900 | +€900 | |
| Other amounts payable | 47/48 | €33,304 | €40,175 | +€6,872 | +20.6% |
| Accrued charges and deferred income | 492/3 | €264 | €739 | +€475 | +180% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,232 | €8,959 | +€4,727 | +112% |
| Other operating charges | 640/8 | €1,053 | €1,638 | +€585 | +55.5% |
| Gross operating margin | 9900 | €186,203 | €166,797 | -€19,406 | -10.4% |
| Operating profit (loss) | 9901 | €180,918 | €156,200 | -€24,718 | -13.7% |
| Financial income | 75/76B | €4,026 | €2,950 | -€1,076 | -26.7% |
| Recurring financial income | 75 | €4,026 | €2,950 | -€1,076 | -26.7% |
| Financial charges | 65/66B | €2,546 | €6,366 | +€3,820 | +150% |
| Recurring financial charges | 65 | €2,546 | €6,366 | +€3,820 | +150% |
| Profit (loss) for the period before taxes | 9903 | €182,398 | €152,783 | -€29,614 | -16.2% |
| Income taxes | 67/77 | €43,237 | €33,324 | -€9,913 | -22.9% |
| Profit (loss) for the period | 9904 | €139,160 | €119,459 | -€19,702 | -14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €139,160 | €119,459 | -€19,702 | -14.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.