BIRCAN: 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.
BIRCAN
Largest movements
- Stocks and contracts -€15,802
no longer reported in 2025 (was €15,802)
- Receivables within one year +€4,668
up €4,668 (+117.6%), from €3,969 to €8,637
of which Trade receivables: +€3,277
- Cash -€1,336
down €1,336 (-63.4%), from €2,108 to €772
mainly Net result for the year (-€7,811) and Receivables within one year (-€4,668)
- Profit (loss) carried forward -€7,811
down €7,811 (-13.2%), from -€59,275 to -€67,085
- Other debts -€2,518
down €2,518 (-7.1%), from €35,504 to €32,986
- Tax, wage and social debts -€1,935
down €1,935 (-82.3%), from €2,352 to €417
of which Remuneration and social security: -€1,935
- Turnover -€131,822
no longer reported in 2025 (was €131,822)
- Purchases and services -€105,432
no longer reported in 2025 (was €105,432)
- Gross operating margin -€24,577
down €24,577 (-75.5%), from €32,570 to €7,993
- Staff costs -€16,776
down €16,776 (-53.3%), from €31,494 to €14,718
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 | €21,879 | €9,409 | -€12,470 | -57.0% |
| Current assets | 29/58 | €21,879 | €9,409 | -€12,470 | -57.0% |
| Stocks and contracts in progress | 3 | €15,802 | - | -€15,802 | |
| Stocks | 30/36 | €15,802 | - | -€15,802 | |
| Amounts receivable within one year | 40/41 | €3,969 | €8,637 | +€4,668 | +117.6% |
| Trade receivables | 40 | €2,491 | €5,767 | +€3,277 | +131.5% |
| Other amounts receivable | 41 | €1,479 | €2,870 | +€1,391 | +94.1% |
| Cash at bank and in hand | 54/58 | €2,108 | €772 | -€1,336 | -63.4% |
| Total equity and liabilities | 10/49 | €21,879 | €9,409 | -€12,470 | -57.0% |
| Equity | 10/15 | -€40,675 | -€48,485 | -€7,811 | -19.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,275 | -€67,085 | -€7,811 | -13.2% |
| Amounts payable | 17/49 | €62,554 | €57,895 | -€4,659 | -7.4% |
| Amounts payable within one year | 42/48 | €62,554 | €57,895 | -€4,659 | -7.4% |
| Trade debts | 44 | €24,698 | €24,492 | -€206 | -0.8% |
| Suppliers | 440/4 | €24,698 | €24,492 | -€206 | -0.8% |
| Taxes, remuneration and social security | 45 | €2,352 | €417 | -€1,935 | -82.3% |
| Taxes | 450/3 | €417 | €417 | = | 0.0% |
| Remuneration and social security | 454/9 | €1,935 | - | -€1,935 | |
| Other amounts payable | 47/48 | €35,504 | €32,986 | -€2,518 | -7.1% |
| Turnover | 70 | €131,822 | - | -€131,822 | |
| Goods, raw materials, services and sundry goods | 60/61 | €105,432 | - | -€105,432 | |
| Remuneration, social security and pensions | 62 | €31,494 | €14,718 | -€16,776 | -53.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €420 | - | -€420 | |
| Other operating charges | 640/8 | €528 | €638 | +€110 | +20.9% |
| Gross operating margin | 9900 | €32,570 | €7,993 | -€24,577 | -75.5% |
| Operating profit (loss) | 9901 | €127 | -€7,364 | -€7,491 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €24 | €447 | +€423 | +1775.2% |
| Recurring financial charges | 65 | €24 | €447 | +€423 | +1775.2% |
| Profit (loss) for the period before taxes | 9903 | €105 | -€7,811 | -€7,915 | |
| Profit (loss) for the period | 9904 | €105 | -€7,811 | -€7,915 | |
| Profit (loss) for the period to be appropriated | 9905 | €105 | -€7,811 | -€7,915 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.