BICO RENOVATION: 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.
BICO RENOVATION
Largest movements
- Receivables within one year -€191,082
down €191,082 (-68.1%), from €280,591 to €89,509
of which Other amounts receivable: -€124,007
- Tangible fixed assets -€46,755
down €46,755 (-71.9%), from €65,056 to €18,300
of which Furniture and vehicles: -€44,460
- Profit (loss) carried forward -€160,657
down €160,657 (-70.5%), from €227,837 to €67,180
- Trade debts -€24,346
down €24,346 (-52.3%), from €46,523 to €22,177
- Debts after one year -€19,616
down €19,616 (-48.7%), from €40,273 to €20,657
- Tax, wage and social debts -€17,493
down €17,493 (-75.5%), from €23,169 to €5,675
of which Taxes: -€13,553
- Current portion of long-term debt -€12,482
down €12,482 (-50.1%), from €24,903 to €12,422
- Gross operating margin -€163,920
down €163,920, from €48,789 to -€115,132
- Depreciation -€19,014
down €19,014 (-74.7%), from €25,455 to €6,441
- Other operating charges -€3,988
down €3,988 (-33.8%), from €11,783 to €7,795
- Financial income -€3,720
down €3,720 (-44.0%), from €8,455 to €4,735
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 | €370,765 | €136,171 | -€234,594 | -63.3% |
| Fixed assets | 21/28 | €66,406 | €19,650 | -€46,755 | -70.4% |
| Tangible fixed assets | 22/27 | €65,056 | €18,300 | -€46,755 | -71.9% |
| Plant, machinery and equipment | 23 | €2,295 | - | -€2,295 | |
| Furniture and vehicles | 24 | €62,761 | €18,300 | -€44,460 | -70.8% |
| Financial fixed assets | 28 | €1,350 | €1,350 | = | 0.0% |
| Current assets | 29/58 | €304,359 | €116,521 | -€187,838 | -61.7% |
| Amounts receivable within one year | 40/41 | €280,591 | €89,509 | -€191,082 | -68.1% |
| Trade receivables | 40 | €116,877 | €49,801 | -€67,076 | -57.4% |
| Other amounts receivable | 41 | €163,715 | €39,708 | -€124,007 | -75.7% |
| Cash at bank and in hand | 54/58 | €20,471 | €23,812 | +€3,340 | +16.3% |
| Deferred charges and accrued income | 490/1 | €3,296 | €3,200 | -€96 | -2.9% |
| Total equity and liabilities | 10/49 | €370,765 | €136,171 | -€234,594 | -63.3% |
| Equity | 10/15 | €235,897 | €75,240 | -€160,657 | -68.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €227,837 | €67,180 | -€160,657 | -70.5% |
| Amounts payable | 17/49 | €134,868 | €60,931 | -€73,937 | -54.8% |
| Amounts payable after more than one year | 17 | €40,273 | €20,657 | -€19,616 | -48.7% |
| Financial debts | 170/4 | €40,273 | €20,657 | -€19,616 | -48.7% |
| Amounts payable within one year | 42/48 | €94,595 | €40,274 | -€54,321 | -57.4% |
| Current portion of amounts payable after more than one year | 42 | €24,903 | €12,422 | -€12,482 | -50.1% |
| Trade debts | 44 | €46,523 | €22,177 | -€24,346 | -52.3% |
| Suppliers | 440/4 | €46,523 | €22,177 | -€24,346 | -52.3% |
| Taxes, remuneration and social security | 45 | €23,169 | €5,675 | -€17,493 | -75.5% |
| Taxes | 450/3 | €14,137 | €584 | -€13,553 | -95.9% |
| Remuneration and social security | 454/9 | €9,032 | €5,092 | -€3,940 | -43.6% |
| Non-recurring operating income | 76A | - | €3,336 | +€3,336 | |
| Remuneration, social security and pensions | 62 | €31,491 | €31,716 | +€226 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,455 | €6,441 | -€19,014 | -74.7% |
| Other operating charges | 640/8 | €11,783 | €7,795 | -€3,988 | -33.8% |
| Gross operating margin | 9900 | €48,789 | -€115,132 | -€163,920 | |
| Operating profit (loss) | 9901 | -€19,941 | -€161,085 | -€141,144 | -708% |
| Financial income | 75/76B | €8,455 | €4,735 | -€3,720 | -44.0% |
| Recurring financial income | 75 | €8,455 | €4,735 | -€3,720 | -44.0% |
| Financial charges | 65/66B | €3,569 | €3,723 | +€154 | +4.3% |
| Recurring financial charges | 65 | €3,569 | €3,723 | +€154 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | -€15,055 | -€160,073 | -€145,018 | -963% |
| Income taxes | 67/77 | €1,344 | €584 | -€761 | -56.6% |
| Profit (loss) for the period | 9904 | -€16,399 | -€160,657 | -€144,257 | -880% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,399 | -€160,657 | -€144,257 | -880% |
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 27 October 2026 via checked.be.