BYC: 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.
What changed
BYC
NACE 70.200, Business and other management consultancy
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€87,835
2024 · €3,334-€91,169
Equity
€366,356
2024 · €454,191-€87,835
Cash
€13,966
2024 · €12,469+€1,497
Balance sheet total
€2.3m
2024 · €1.4m+€890,723
Largest movements
Assets
- Tangible fixed assets +€911,127
up €911,127 (+70.5%), from €1.3m to €2.2m
of which Land and buildings: +€525,080
Equity and liabilities
- Debts after one year +€844,747
up €844,747 (+113.1%), from €747,009 to €1.6m
- Other debts +€150,569
up €150,569 (+159.4%), from €94,483 to €245,052
- Profit (loss) carried forward -€86,080
down €86,080, from €20,981 to -€65,100
Income statement
- Depreciation +€46,350
up €46,350 (+55.9%), from €82,913 to €129,263
- Gross operating margin -€29,152
down €29,152 (-22.9%), from €127,542 to €98,390
- Financial charges +€22,904
up €22,904 (+85.9%), from €26,653 to €49,557
- Taxes -€7,923
down €7,923 (-97.3%), from €8,144 to €221
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.
Result 2024
€3,334
Gross operating margin
-€29,152
Depreciation
-€46,350
Other operating charges
-€681
Financial income
-€4
Financial charges
-€22,904
Taxes
+€7,923
Result 2025
-€87,835
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.
From operations
+€192,553
Investment
-€1.0m
Financing
+€849,335
Cash 2024
€12,469
From operations (derived)
+€192,553
Net result for the year
-€87,835
Depreciation
+€129,263
Receivables within one year
+€18,658
Deferred charges and accrued income
+€3,243
Smaller working-capital items
+€1,699
Trade debts
-€14,648
Tax, wage and social debts
-€8,396
Other debts
+€150,569
Investment (derived)
-€1.0m
Investment in fixed assets (net)
-€1.0m
Financing
+€849,335
Debts after one year
+€844,747
Current portion of long-term debt
+€4,588
Cash 2025
€13,966
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,437,956 | €2,328,678 | +€890,723 | +61.9% |
| Fixed assets | 21/28 | €1,291,669 | €2,202,796 | +€911,127 | +70.5% |
| Tangible fixed assets | 22/27 | €1,291,669 | €2,202,796 | +€911,127 | +70.5% |
| Land and buildings | 22 | €1,222,383 | €1,747,463 | +€525,080 | +43.0% |
| Furniture and vehicles | 24 | €69,285 | €55,661 | -€13,625 | -19.7% |
| Other tangible fixed assets | 26 | - | €399,672 | +€399,672 | |
| Current assets | 29/58 | €146,287 | €125,882 | -€20,404 | -13.9% |
| Amounts receivable within one year | 40/41 | €77,652 | €58,994 | -€18,658 | -24.0% |
| Trade receivables | 40 | €64,496 | €43,863 | -€20,633 | -32.0% |
| Other amounts receivable | 41 | €13,156 | €15,131 | +€1,975 | +15.0% |
| Cash at bank and in hand | 54/58 | €12,469 | €13,966 | +€1,497 | +12.0% |
| Deferred charges and accrued income | 490/1 | €56,166 | €52,922 | -€3,243 | -5.8% |
| Total equity and liabilities | 10/49 | €1,437,956 | €2,328,678 | +€890,723 | +61.9% |
| Equity | 10/15 | €454,191 | €366,356 | -€87,835 | -19.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €414,610 | €412,856 | -€1,754 | -0.4% |
| Tax-exempt reserves | 132 | €40,565 | €38,811 | -€1,754 | -4.3% |
| Distributable reserves | 133 | €374,045 | €374,045 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,981 | -€65,100 | -€86,080 | |
| Provisions and deferred taxes | 16 | €13,197 | €12,613 | -€584 | -4.4% |
| Deferred taxes | 168 | €13,197 | €12,613 | -€584 | -4.4% |
| Amounts payable | 17/49 | €970,568 | €1,949,709 | +€979,141 | +100.9% |
| Amounts payable after more than one year | 17 | €747,009 | €1,591,756 | +€844,747 | +113.1% |
| Financial debts | 170/4 | €747,009 | €1,591,756 | +€844,747 | +113.1% |
| Amounts payable within one year | 42/48 | €218,976 | €351,088 | +€132,112 | +60.3% |
| Current portion of amounts payable after more than one year | 42 | €81,866 | €86,453 | +€4,588 | +5.6% |
| Trade debts | 44 | €15,835 | €1,187 | -€14,648 | -92.5% |
| Suppliers | 440/4 | €15,835 | €1,187 | -€14,648 | -92.5% |
| Taxes, remuneration and social security | 45 | €26,793 | €18,396 | -€8,396 | -31.3% |
| Taxes | 450/3 | €26,793 | €18,396 | -€8,396 | -31.3% |
| Other amounts payable | 47/48 | €94,483 | €245,052 | +€150,569 | +159.4% |
| Accrued charges and deferred income | 492/3 | €4,582 | €6,865 | +€2,283 | +49.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,913 | €129,263 | +€46,350 | +55.9% |
| Other operating charges | 640/8 | €7,087 | €7,768 | +€681 | +9.6% |
| Gross operating margin | 9900 | €127,542 | €98,390 | -€29,152 | -22.9% |
| Operating profit (loss) | 9901 | €37,542 | -€38,641 | -€76,183 | |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €26,653 | €49,557 | +€22,904 | +85.9% |
| Recurring financial charges | 65 | €26,653 | €49,557 | +€22,904 | +85.9% |
| Profit (loss) for the period before taxes | 9903 | €10,894 | -€88,198 | -€99,092 | |
| Transfer from deferred taxes | 780 | €584 | €584 | = | 0.0% |
| Income taxes | 67/77 | €8,144 | €221 | -€7,923 | -97.3% |
| Profit (loss) for the period | 9904 | €3,334 | -€87,835 | -€91,169 | |
| Transfer from tax-exempt reserves | 789 | €1,754 | €1,754 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,088 | -€86,080 | -€91,169 |
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 11 October 2026 via checked.be.