BICON: 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.
BICON
Largest movements
- Stocks and contracts +€4.6m
up €4.6m (+62.6%), from €7.3m to €11.8m
- Receivables within one year +€165,348
up €165,348 (+5448.8%), from €3,035 to €168,382
of which Trade receivables: +€163,974
- Advances received +€5.4m
up €5.4m (+219.6%), from €2.5m to €7.9m
- Short-term financial debts -€1.3m
down €1.3m (-47.5%), from €2.8m to €1.4m
- Other debts +€745,047
up €745,047 (+44.7%), from €1.7m to €2.4m
- Profit (loss) carried forward -€204,512
down €204,512 (-53.0%), from -€385,832 to -€590,345
- Gross operating margin +€52,436
up €52,436 (+27.9%), from -€187,798 to -€135,362
- Financial charges +€46,589
up €46,589 (+445.8%), from €10,450 to €57,039
- Depreciation +€11,352
new in 2024: €11,352
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,711,515 | €12,407,492 | +€4.7m | +60.9% |
| Fixed assets | 21/28 | €374,615 | €363,263 | -€11,352 | -3.0% |
| Tangible fixed assets | 22/27 | €374,615 | €363,263 | -€11,352 | -3.0% |
| Land and buildings | 22 | €374,615 | €363,263 | -€11,352 | -3.0% |
| Current assets | 29/58 | €7,336,900 | €12,044,229 | +€4.7m | +64.2% |
| Stocks and contracts in progress | 3 | €7,286,465 | €11,849,974 | +€4.6m | +62.6% |
| Stocks | 30/36 | €7,286,465 | €11,849,974 | +€4.6m | +62.6% |
| Amounts receivable within one year | 40/41 | €3,035 | €168,382 | +€165,348 | +5448.8% |
| Trade receivables | 40 | €1,184 | €165,158 | +€163,974 | +13845.3% |
| Other amounts receivable | 41 | €1,850 | €3,224 | +€1,374 | +74.3% |
| Cash at bank and in hand | 54/58 | €27,547 | €13,855 | -€13,691 | -49.7% |
| Deferred charges and accrued income | 490/1 | €19,854 | €12,018 | -€7,836 | -39.5% |
| Total equity and liabilities | 10/49 | €7,711,515 | €12,407,492 | +€4.7m | +60.9% |
| Equity | 10/15 | -€367,232 | -€571,745 | -€204,512 | -55.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€385,832 | -€590,345 | -€204,512 | -53.0% |
| Amounts payable | 17/49 | €8,078,748 | €12,979,237 | +€4.9m | +60.7% |
| Amounts payable within one year | 42/48 | €8,048,068 | €12,978,120 | +€4.9m | +61.3% |
| Financial debts | 43 | €2,751,254 | €1,444,400 | -€1.3m | -47.5% |
| Credit institutions | 430/8 | €2,751,254 | €1,444,400 | -€1.3m | -47.5% |
| Trade debts | 44 | €1,160,673 | €1,227,372 | +€66,700 | +5.7% |
| Suppliers | 440/4 | €1,160,673 | €1,227,372 | +€66,700 | +5.7% |
| Advances received on contracts in progress | 46 | €2,470,655 | €7,895,814 | +€5.4m | +219.6% |
| Other amounts payable | 47/48 | €1,665,487 | €2,410,533 | +€745,047 | +44.7% |
| Accrued charges and deferred income | 492/3 | €30,680 | €1,117 | -€29,563 | -96.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €11,352 | +€11,352 | |
| Other operating charges | 640/8 | €1,122 | €1,030 | -€93 | -8.3% |
| Gross operating margin | 9900 | -€187,798 | -€135,362 | +€52,436 | +27.9% |
| Operating profit (loss) | 9901 | -€188,920 | -€147,743 | +€41,177 | +21.8% |
| Financial income | 75/76B | - | €270 | +€270 | |
| Recurring financial income | 75 | - | €270 | +€270 | |
| Financial charges | 65/66B | €10,450 | €57,039 | +€46,589 | +445.8% |
| Recurring financial charges | 65 | €10,450 | €57,039 | +€46,589 | +445.8% |
| Profit (loss) for the period before taxes | 9903 | -€199,370 | -€204,512 | -€5,142 | -2.6% |
| Profit (loss) for the period | 9904 | -€199,370 | -€204,512 | -€5,142 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€199,370 | -€204,512 | -€5,142 | -2.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.