BICREATION: 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.
BICREATION
Largest movements
- Cash +€101,632
up €101,632 (+96.6%), from €105,159 to €206,791
mainly Net result for the year (+€95,202) and Other debts (+€31,307)
- Receivables within one year +€33,502
up €33,502 (+106%), from €31,481 to €64,982
of which Trade receivables: +€35,404
- Current investments +€5,000
up €5,000 (+25.0%), from €20,000 to €25,000
- Tangible fixed assets -€4,498
down €4,498 (-7.3%), from €61,922 to €57,424
- Reserves +€70,252
up €70,252 (+51.2%), from €137,342 to €207,594
- Other debts +€31,307
new in 2025: €31,307
- Tax, wage and social debts +€20,287
up €20,287 (+269%), from €7,531 to €27,818
of which Taxes: +€23,500
- Current portion of long-term debt +€17,146
up €17,146 (+161%), from €10,663 to €27,809
- Debts after one year -€11,450
down €11,450 (-20.7%), from €55,277 to €43,827
- Gross operating margin +€119,792
up €119,792 (+236%), from €50,693 to €170,485
- Taxes +€35,831
up €35,831 (+680%), from €5,269 to €41,100
- Staff costs -€4,672
down €4,672 (-27.0%), from €17,290 to €12,618
- Other operating charges +€2,306
up €2,306 (+22.3%), from €10,359 to €12,665
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 | €230,381 | €365,327 | +€134,946 | +58.6% |
| Fixed assets | 21/28 | €66,182 | €61,684 | -€4,498 | -6.8% |
| Tangible fixed assets | 22/27 | €61,922 | €57,424 | -€4,498 | -7.3% |
| Land and buildings | 22 | €54,760 | €52,648 | -€2,112 | -3.9% |
| Plant, machinery and equipment | 23 | €1,086 | €647 | -€440 | -40.5% |
| Furniture and vehicles | 24 | €2,493 | €1,457 | -€1,036 | -41.6% |
| Other tangible fixed assets | 26 | €3,583 | €2,672 | -€911 | -25.4% |
| Financial fixed assets | 28 | €4,260 | €4,260 | = | 0.0% |
| Current assets | 29/58 | €164,199 | €303,643 | +€139,444 | +84.9% |
| Stocks and contracts in progress | 3 | €3,750 | €3,750 | = | 0.0% |
| Stocks | 30/36 | €3,750 | €3,750 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €31,481 | €64,982 | +€33,502 | +106% |
| Trade receivables | 40 | €13,962 | €49,366 | +€35,404 | +254% |
| Other amounts receivable | 41 | €17,519 | €15,617 | -€1,902 | -10.9% |
| Current investments | 50/53 | €20,000 | €25,000 | +€5,000 | +25.0% |
| Cash at bank and in hand | 54/58 | €105,159 | €206,791 | +€101,632 | +96.6% |
| Deferred charges and accrued income | 490/1 | €3,809 | €3,120 | -€690 | -18.1% |
| Total equity and liabilities | 10/49 | €230,381 | €365,327 | +€134,946 | +58.6% |
| Equity | 10/15 | €137,342 | €207,594 | +€70,252 | +51.2% |
| Reserves | 13 | €137,342 | €207,594 | +€70,252 | +51.2% |
| Distributable reserves | 133 | €137,342 | €207,594 | +€70,252 | +51.2% |
| Amounts payable | 17/49 | €93,039 | €157,733 | +€64,694 | +69.5% |
| Amounts payable after more than one year | 17 | €55,277 | €43,827 | -€11,450 | -20.7% |
| Financial debts | 170/4 | €55,277 | €43,827 | -€11,450 | -20.7% |
| Amounts payable within one year | 42/48 | €37,761 | €113,905 | +€76,144 | +202% |
| Current portion of amounts payable after more than one year | 42 | €10,663 | €27,809 | +€17,146 | +161% |
| Trade debts | 44 | €19,568 | €26,972 | +€7,404 | +37.8% |
| Suppliers | 440/4 | €19,568 | €26,972 | +€7,404 | +37.8% |
| Taxes, remuneration and social security | 45 | €7,531 | €27,818 | +€20,287 | +269% |
| Taxes | 450/3 | €4,200 | €27,700 | +€23,500 | +560% |
| Remuneration and social security | 454/9 | €3,331 | €118 | -€3,213 | -96.5% |
| Other amounts payable | 47/48 | - | €31,307 | +€31,307 | |
| Remuneration, social security and pensions | 62 | €17,290 | €12,618 | -€4,672 | -27.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,227 | €4,498 | -€729 | -13.9% |
| Other operating charges | 640/8 | €10,359 | €12,665 | +€2,306 | +22.3% |
| Gross operating margin | 9900 | €50,693 | €170,485 | +€119,792 | +236% |
| Operating profit (loss) | 9901 | €17,818 | €140,705 | +€122,887 | +690% |
| Financial income | 75/76B | €594 | €156 | -€439 | -73.8% |
| Recurring financial income | 75 | €594 | €156 | -€439 | -73.8% |
| Financial charges | 65/66B | €4,720 | €4,559 | -€161 | -3.4% |
| Recurring financial charges | 65 | €4,720 | €4,559 | -€161 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €13,692 | €136,301 | +€122,609 | +895% |
| Income taxes | 67/77 | €5,269 | €41,100 | +€35,831 | +680% |
| Profit (loss) for the period | 9904 | €8,423 | €95,202 | +€86,779 | +1,030% |
| Profit (loss) for the period to be appropriated | 9905 | €8,423 | €95,202 | +€86,779 | +1,030% |
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 17 October 2026 via checked.be.