BICODE: what changed
Two fiscal 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.
BICODE
Largest movements
- Receivables after one year -€13,171
down €13,171 (-75.3%), from €17,489 to €4,318
- Receivables within one year -€7,103
down €7,103 (-50.3%), from €14,124 to €7,020
of which Trade receivables: -€8,414
- Cash -€3,592
down €3,592 (-97.2%), from €3,696 to €104
mainly Net result for the year (-€15,512) and Tax, wage and social debts (-€9,210)
- Profit (loss) carried forward -€15,512
down €15,512 (-155.0%), from -€10,006 to -€25,518
- Tax, wage and social debts -€9,210
down €9,210 (-74.1%), from €12,426 to €3,216
- Gross operating margin -€8,170
down €8,170 (-132.5%), from -€6,164 to -€14,334
- Financial charges -€1,733
down €1,733 (-81.2%), from €2,133 to €400
- Other operating charges -€422
down €422 (-42.9%), from €983 to €561
- Taxes -€371
down €371 (-80.1%), from €463 to €92
- Depreciation -€149
down €149 (-54.5%), from €273 to €124
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.
Cash bridge derived
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 | €36,317 | €12,110 | -€24,207 | -66.7% |
| Fixed assets | 21/28 | €684 | €559 | -€124 | -18.2% |
| Tangible fixed assets | 22/27 | €684 | €559 | -€124 | -18.2% |
| Other tangible fixed assets | 26 | €684 | €559 | -€124 | -18.2% |
| Current assets | 29/58 | €35,634 | €11,551 | -€24,083 | -67.6% |
| Amounts receivable after more than one year | 29 | €17,489 | €4,318 | -€13,171 | -75.3% |
| Other amounts receivable | 291 | €17,489 | €4,318 | -€13,171 | -75.3% |
| Amounts receivable within one year | 40/41 | €14,124 | €7,020 | -€7,103 | -50.3% |
| Trade receivables | 40 | €14,124 | €5,709 | -€8,414 | -59.6% |
| Other amounts receivable | 41 | - | €1,311 | +€1,311 | |
| Cash at bank and in hand | 54/58 | €3,696 | €104 | -€3,592 | -97.2% |
| Deferred charges and accrued income | 490/1 | €325 | €108 | -€217 | -66.7% |
| Total equity and liabilities | 10/49 | €36,317 | €12,110 | -€24,207 | -66.7% |
| Equity | 10/15 | €11,492 | -€4,019 | -€15,512 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €11,499 | €11,499 | = | 0.0% |
| Distributable reserves | 133 | €11,499 | €11,499 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,006 | -€25,518 | -€15,512 | -155.0% |
| Amounts payable | 17/49 | €24,825 | €16,129 | -€8,695 | -35.0% |
| Amounts payable within one year | 42/48 | €24,825 | €16,129 | -€8,695 | -35.0% |
| Financial debts | 43 | - | €228 | +€228 | |
| Credit institutions | 430/8 | - | €228 | +€228 | |
| Trade debts | 44 | €12,399 | €12,685 | +€286 | +2.3% |
| Suppliers | 440/4 | €12,399 | €12,685 | +€286 | +2.3% |
| Taxes, remuneration and social security | 45 | €12,426 | €3,216 | -€9,210 | -74.1% |
| Taxes | 450/3 | €12,426 | €3,216 | -€9,210 | -74.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €273 | €124 | -€149 | -54.5% |
| Other operating charges | 640/8 | €983 | €561 | -€422 | -42.9% |
| Gross operating margin | 9900 | -€6,164 | -€14,334 | -€8,170 | -132.5% |
| Operating profit (loss) | 9901 | -€7,420 | -€15,019 | -€7,599 | -102.4% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €2,133 | €400 | -€1,733 | -81.2% |
| Recurring financial charges | 65 | €2,133 | €400 | -€1,733 | -81.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,543 | -€15,420 | -€5,876 | -61.6% |
| Income taxes | 67/77 | €463 | €92 | -€371 | -80.1% |
| Profit (loss) for the period | 9904 | -€10,006 | -€15,512 | -€5,506 | -55.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,006 | -€15,512 | -€5,506 | -55.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.