BICSUM: 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.
BICSUM
Largest movements
- Cash -€67,473
down €67,473 (-66.0%), from €102,261 to €34,787
mainly Contributions, distributions and other (-€124,047) and Other debts (-€55,333)
- Tangible fixed assets -€14,461
down €14,461 (-6.3%), from €228,272 to €213,811
of which Furniture and vehicles: -€11,213
- Receivables within one year +€4,786
up €4,786 (+11.9%), from €40,314 to €45,100
of which Other amounts receivable: +€8,988
- Other debts -€55,333
down €55,333 (-19.3%), from €286,958 to €231,625
- Debts after one year -€10,500
down €10,500 (-100.0%), from €10,500 to €0
- Current portion of long-term debt -€10,500
down €10,500 (-50.0%), from €21,000 to €10,500
- Gross operating margin +€14,025
up €14,025 (+8.4%), from €167,792 to €181,817
- Taxes +€3,520
up €3,520 (+10.7%), from €32,889 to €36,409
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 | €372,417 | €294,617 | -€77,800 | -20.9% |
| Fixed assets | 21/28 | €228,272 | €213,811 | -€14,461 | -6.3% |
| Tangible fixed assets | 22/27 | €228,272 | €213,811 | -€14,461 | -6.3% |
| Land and buildings | 22 | €205,587 | €202,340 | -€3,248 | -1.6% |
| Furniture and vehicles | 24 | €22,684 | €11,471 | -€11,213 | -49.4% |
| Current assets | 29/58 | €144,146 | €80,806 | -€63,339 | -43.9% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €40,314 | €45,100 | +€4,786 | +11.9% |
| Trade receivables | 40 | €38,492 | €34,290 | -€4,202 | -10.9% |
| Other amounts receivable | 41 | €1,822 | €10,810 | +€8,988 | +493.3% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €102,261 | €34,787 | -€67,473 | -66.0% |
| Deferred charges and accrued income | 490/1 | €1,571 | €919 | -€652 | -41.5% |
| Total equity and liabilities | 10/49 | €372,417 | €294,617 | -€77,800 | -20.9% |
| Equity | 10/15 | €31,716 | €31,716 | = | 0.0% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €6,716 | €6,716 | = | 0.0% |
| Distributable reserves | 133 | €6,716 | €6,716 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €340,702 | €262,901 | -€77,800 | -22.8% |
| Amounts payable after more than one year | 17 | €10,500 | €0 | -€10,500 | -100.0% |
| Financial debts | 170/4 | €10,500 | €0 | -€10,500 | -100.0% |
| Amounts payable within one year | 42/48 | €329,802 | €262,501 | -€67,300 | -20.4% |
| Current portion of amounts payable after more than one year | 42 | €21,000 | €10,500 | -€10,500 | -50.0% |
| Trade debts | 44 | €4,665 | €3,837 | -€828 | -17.7% |
| Suppliers | 440/4 | €4,665 | €3,837 | -€828 | -17.7% |
| Taxes, remuneration and social security | 45 | €17,178 | €16,539 | -€639 | -3.7% |
| Taxes | 450/3 | €17,098 | €16,451 | -€647 | -3.8% |
| Remuneration and social security | 454/9 | €80 | €88 | +€8 | +10.0% |
| Other amounts payable | 47/48 | €286,958 | €231,625 | -€55,333 | -19.3% |
| Accrued charges and deferred income | 492/3 | €400 | €400 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,480 | €19,601 | +€121 | +0.6% |
| Other operating charges | 640/8 | €1,031 | €1,066 | +€35 | +3.4% |
| Non-recurring operating charges | 66A | €219 | €0 | -€219 | -100.0% |
| Gross operating margin | 9900 | €167,792 | €181,817 | +€14,025 | +8.4% |
| Operating profit (loss) | 9901 | €147,062 | €161,150 | +€14,089 | +9.6% |
| Financial income | 75/76B | €757 | €360 | -€397 | -52.4% |
| Recurring financial income | 75 | €757 | €360 | -€397 | -52.4% |
| Financial charges | 65/66B | €1,100 | €1,054 | -€45 | -4.1% |
| Recurring financial charges | 65 | €1,100 | €1,054 | -€45 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €146,719 | €160,456 | +€13,737 | +9.4% |
| Income taxes | 67/77 | €32,889 | €36,409 | +€3,520 | +10.7% |
| Profit (loss) for the period | 9904 | €113,830 | €124,047 | +€10,217 | +9.0% |
| Profit (loss) for the period to be appropriated | 9905 | €113,830 | €124,047 | +€10,217 | +9.0% |
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 8 October 2026 via checked.be.