BICOS: 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.
BICOS
Largest movements
- Cash -€58,918
down €58,918 (-32.5%), from €181,313 to €122,395
mainly Net result for the year (-€49,873) and Other debts (-€14,000)
- Tangible fixed assets -€3,838
down €3,838 (-17.3%), from €22,205 to €18,367
- Receivables within one year +€2,305
up €2,305 (+14.2%), from €16,259 to €18,563
- Profit (loss) carried forward -€49,873
down €49,873 (-417.4%), from -€11,949 to -€61,823
- Other debts -€14,000
down €14,000 (-58.4%), from €23,976 to €9,976
- Trade debts +€4,235
up €4,235 (+217.1%), from €1,950 to €6,185
- Gross operating margin -€38,064
down €38,064 (-700.4%), from -€5,435 to -€43,498
- Depreciation +€1,424
up €1,424 (+59.0%), from €2,414 to €3,838
- Financial charges -€525
down €525 (-28.0%), from €1,877 to €1,352
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 | €221,188 | €160,673 | -€60,515 | -27.4% |
| Fixed assets | 21/28 | €22,205 | €18,367 | -€3,838 | -17.3% |
| Tangible fixed assets | 22/27 | €22,205 | €18,367 | -€3,838 | -17.3% |
| Plant, machinery and equipment | 23 | €4,803 | €3,453 | -€1,349 | -28.1% |
| Furniture and vehicles | 24 | €1,122 | - | -€1,122 | |
| Other tangible fixed assets | 26 | €16,281 | €14,914 | -€1,367 | -8.4% |
| Current assets | 29/58 | €198,983 | €142,306 | -€56,677 | -28.5% |
| Amounts receivable within one year | 40/41 | €16,259 | €18,563 | +€2,305 | +14.2% |
| Other amounts receivable | 41 | €16,259 | €18,563 | +€2,305 | +14.2% |
| Cash at bank and in hand | 54/58 | €181,313 | €122,395 | -€58,918 | -32.5% |
| Deferred charges and accrued income | 490/1 | €1,412 | €1,348 | -€64 | -4.5% |
| Total equity and liabilities | 10/49 | €221,188 | €160,673 | -€60,515 | -27.4% |
| Equity | 10/15 | €190,952 | €141,079 | -€49,873 | -26.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €184,351 | €184,351 | = | 0.0% |
| Distributable reserves | 133 | €184,351 | €184,351 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,949 | -€61,823 | -€49,873 | -417.4% |
| Amounts payable | 17/49 | €30,236 | €19,595 | -€10,641 | -35.2% |
| Amounts payable within one year | 42/48 | €26,451 | €16,522 | -€9,929 | -37.5% |
| Trade debts | 44 | €1,950 | €6,185 | +€4,235 | +217.1% |
| Suppliers | 440/4 | €1,950 | €6,185 | +€4,235 | +217.1% |
| Taxes, remuneration and social security | 45 | €525 | €361 | -€165 | -31.3% |
| Taxes | 450/3 | €525 | €361 | -€165 | -31.3% |
| Other amounts payable | 47/48 | €23,976 | €9,976 | -€14,000 | -58.4% |
| Accrued charges and deferred income | 492/3 | €3,785 | €3,073 | -€712 | -18.8% |
| Non-recurring operating income | 76A | €3,538 | - | -€3,538 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,414 | €3,838 | +€1,424 | +59.0% |
| Other operating charges | 640/8 | €1,012 | €974 | -€38 | -3.7% |
| Non-recurring operating charges | 66A | €1,009 | - | -€1,009 | |
| Gross operating margin | 9900 | -€5,435 | -€43,498 | -€38,064 | -700.4% |
| Operating profit (loss) | 9901 | -€9,869 | -€48,310 | -€38,441 | -389.5% |
| Financial charges | 65/66B | €1,877 | €1,352 | -€525 | -28.0% |
| Recurring financial charges | 65 | €1,877 | €1,352 | -€525 | -28.0% |
| Profit (loss) for the period before taxes | 9903 | -€11,746 | -€49,662 | -€37,916 | -322.8% |
| Income taxes | 67/77 | €204 | €212 | +€8 | +3.9% |
| Profit (loss) for the period | 9904 | -€11,949 | -€49,873 | -€37,924 | -317.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,949 | -€49,873 | -€37,924 | -317.4% |
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 6 October 2026 via checked.be.