BICI-CLET: 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.
BICI-CLET
Largest movements
- Tangible fixed assets +€489,590
up €489,590 (+3,427%), from €14,288 to €503,878
of which Land and buildings: +€483,749
- Cash -€69,673
down €69,673 (-94.1%), from €74,079 to €4,406
mainly Investment in fixed assets (net) (-€530,674) and Tax, wage and social debts (-€36,651)
- Receivables within one year -€16,997
down €16,997 (-58.1%), from €29,256 to €12,260
of which Trade receivables: -€12,011
- Debts after one year +€272,559
new in 2025: €272,559
- Reserves +€77,647
up €77,647 (+25.9%), from €299,801 to €377,448
- Other debts +€65,316
up €65,316 (+150%), from €43,633 to €108,949
- Tax, wage and social debts -€36,651
down €36,651 (-39.5%), from €92,685 to €56,034
of which Taxes: -€41,291
- Trade debts +€12,452
up €12,452 (+88.5%), from €14,066 to €26,517
- Depreciation +€36,421
up €36,421 (+781%), from €4,663 to €41,084
- Taxes -€22,317
down €22,317 (-73.0%), from €30,585 to €8,269
- Gross operating margin -€8,808
down €8,808 (-5.7%), from €153,220 to €144,412
- Staff costs +€8,273
new in 2025: €8,273
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 | €459,088 | €868,505 | +€409,417 | +89.2% |
| Fixed assets | 21/28 | €14,288 | €503,878 | +€489,590 | +3,427% |
| Tangible fixed assets | 22/27 | €14,288 | €503,878 | +€489,590 | +3,427% |
| Land and buildings | 22 | €13,136 | €496,884 | +€483,749 | +3,683% |
| Plant, machinery and equipment | 23 | €1,153 | €6,994 | +€5,842 | +507% |
| Current assets | 29/58 | €444,800 | €364,627 | -€80,173 | -18.0% |
| Stocks and contracts in progress | 3 | €340,917 | €346,701 | +€5,784 | +1.7% |
| Stocks | 30/36 | €340,917 | €346,701 | +€5,784 | +1.7% |
| Amounts receivable within one year | 40/41 | €29,256 | €12,260 | -€16,997 | -58.1% |
| Trade receivables | 40 | €22,819 | €10,808 | -€12,011 | -52.6% |
| Other amounts receivable | 41 | €6,438 | €1,452 | -€4,986 | -77.4% |
| Cash at bank and in hand | 54/58 | €74,079 | €4,406 | -€69,673 | -94.1% |
| Deferred charges and accrued income | 490/1 | €548 | €1,260 | +€712 | +130% |
| Total equity and liabilities | 10/49 | €459,088 | €868,505 | +€409,417 | +89.2% |
| Equity | 10/15 | €303,301 | €380,948 | +€77,647 | +25.6% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €299,801 | €377,448 | +€77,647 | +25.9% |
| Distributable reserves | 133 | €299,801 | €377,448 | +€77,647 | +25.9% |
| Amounts payable | 17/49 | €155,788 | €487,557 | +€331,770 | +213% |
| Amounts payable after more than one year | 17 | - | €272,559 | +€272,559 | |
| Financial debts | 170/4 | - | €272,559 | +€272,559 | |
| Amounts payable within one year | 42/48 | €150,383 | €208,597 | +€58,213 | +38.7% |
| Current portion of amounts payable after more than one year | 42 | - | €11,661 | +€11,661 | |
| Financial debts | 43 | €0 | €5,436 | +€5,436 | |
| Credit institutions | 430/8 | €0 | €5,436 | +€5,436 | |
| Trade debts | 44 | €14,066 | €26,517 | +€12,452 | +88.5% |
| Suppliers | 440/4 | €14,066 | €26,517 | +€12,452 | +88.5% |
| Taxes, remuneration and social security | 45 | €92,685 | €56,034 | -€36,651 | -39.5% |
| Taxes | 450/3 | €90,585 | €49,294 | -€41,291 | -45.6% |
| Remuneration and social security | 454/9 | €2,100 | €6,740 | +€4,640 | +221% |
| Other amounts payable | 47/48 | €43,633 | €108,949 | +€65,316 | +150% |
| Accrued charges and deferred income | 492/3 | €5,404 | €6,401 | +€997 | +18.5% |
| Remuneration, social security and pensions | 62 | - | €8,273 | +€8,273 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,663 | €41,084 | +€36,421 | +781% |
| Other operating charges | 640/8 | €805 | €1,568 | +€762 | +94.7% |
| Gross operating margin | 9900 | €153,220 | €144,412 | -€8,808 | -5.7% |
| Operating profit (loss) | 9901 | €147,752 | €93,487 | -€54,265 | -36.7% |
| Financial income | 75/76B | €2,016 | €1,233 | -€783 | -38.8% |
| Recurring financial income | 75 | €2,016 | €1,233 | -€783 | -38.8% |
| Financial charges | 65/66B | €7,465 | €8,805 | +€1,340 | +18.0% |
| Recurring financial charges | 65 | €7,465 | €8,805 | +€1,340 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | €142,303 | €85,916 | -€56,388 | -39.6% |
| Income taxes | 67/77 | €30,585 | €8,269 | -€22,317 | -73.0% |
| Profit (loss) for the period | 9904 | €111,718 | €77,647 | -€34,071 | -30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €111,718 | €77,647 | -€34,071 | -30.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.