BYCKHOVE: 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.
BYCKHOVE
Largest movements
- Tangible fixed assets -€17,112
down €17,112 (-21.2%), from €80,740 to €63,628
of which Plant, machinery and equipment: -€16,924
- Cash -€9,696
down €9,696 (-22.5%), from €43,044 to €33,348
mainly Accrued charges and deferred income (-€30,000) and Net result for the year (-€15,119)
- Deferred charges and accrued income +€8,445
new in 2025: €8,445
- Receivables within one year +€5,445
up €5,445 (+35.9%), from €15,156 to €20,602
of which Trade receivables: +€4,002
- Accrued charges and deferred income -€30,000
no longer reported in 2025 (was €30,000)
- Other debts +€26,445
up €26,445 (+37.2%), from €71,100 to €97,545
- Profit (loss) carried forward -€15,119
down €15,119 (-11.9%), from €126,886 to €111,767
- Tax, wage and social debts +€3,455
up €3,455 (+62.1%), from €5,565 to €9,020
of which Remuneration and social security: +€2,560
- Staff costs +€24,328
up €24,328 (+211%), from €11,523 to €35,851
- Gross operating margin +€11,417
up €11,417 (+85.8%), from €13,309 to €24,726
- Depreciation -€2,837
down €2,837 (-21.8%), from €13,000 to €10,163
- Financial income +€1,978
up €1,978 (+28.5%), from €6,943 to €8,922
of which Non-recurring financial income: +€1,484
- Financial charges +€335
up €335 (+30.0%), from €1,117 to €1,452
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 | €299,413 | €286,495 | -€12,918 | -4.3% |
| Fixed assets | 21/28 | €80,740 | €63,628 | -€17,112 | -21.2% |
| Tangible fixed assets | 22/27 | €80,740 | €63,628 | -€17,112 | -21.2% |
| Plant, machinery and equipment | 23 | €68,597 | €51,673 | -€16,924 | -24.7% |
| Furniture and vehicles | 24 | €12,143 | €11,955 | -€188 | -1.6% |
| Current assets | 29/58 | €218,673 | €222,867 | +€4,194 | +1.9% |
| Amounts receivable within one year | 40/41 | €15,156 | €20,602 | +€5,445 | +35.9% |
| Trade receivables | 40 | €15,156 | €19,158 | +€4,002 | +26.4% |
| Other amounts receivable | 41 | - | €1,444 | +€1,444 | |
| Current investments | 50/53 | €160,472 | €160,472 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €43,044 | €33,348 | -€9,696 | -22.5% |
| Deferred charges and accrued income | 490/1 | - | €8,445 | +€8,445 | |
| Total equity and liabilities | 10/49 | €299,413 | €286,495 | -€12,918 | -4.3% |
| Equity | 10/15 | €188,996 | €173,877 | -€15,119 | -8.0% |
| Contributions | 10/11 | €62,110 | €62,110 | = | 0.0% |
| Profit (loss) carried forward | 14 | €126,886 | €111,767 | -€15,119 | -11.9% |
| Amounts payable | 17/49 | €110,417 | €112,618 | +€2,201 | +2.0% |
| Amounts payable within one year | 42/48 | €80,417 | €112,618 | +€32,201 | +40.0% |
| Trade debts | 44 | €3,752 | €6,053 | +€2,301 | +61.3% |
| Suppliers | 440/4 | €3,752 | €6,053 | +€2,301 | +61.3% |
| Taxes, remuneration and social security | 45 | €5,565 | €9,020 | +€3,455 | +62.1% |
| Taxes | 450/3 | €3,854 | €4,749 | +€895 | +23.2% |
| Remuneration and social security | 454/9 | €1,711 | €4,271 | +€2,560 | +150% |
| Other amounts payable | 47/48 | €71,100 | €97,545 | +€26,445 | +37.2% |
| Accrued charges and deferred income | 492/3 | €30,000 | - | -€30,000 | |
| Remuneration, social security and pensions | 62 | €11,523 | €35,851 | +€24,328 | +211% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,000 | €10,163 | -€2,837 | -21.8% |
| Other operating charges | 640/8 | €345 | €626 | +€281 | +81.3% |
| Gross operating margin | 9900 | €13,309 | €24,726 | +€11,417 | +85.8% |
| Operating profit (loss) | 9901 | -€11,559 | -€21,914 | -€10,355 | -89.6% |
| Financial income | 75/76B | €6,943 | €8,922 | +€1,978 | +28.5% |
| Recurring financial income | 75 | €6,943 | €7,437 | +€494 | +7.1% |
| Non-recurring financial income | 76B | - | €1,484 | +€1,484 | |
| Financial charges | 65/66B | €1,117 | €1,452 | +€335 | +30.0% |
| Recurring financial charges | 65 | €1,117 | €1,452 | +€335 | +30.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,733 | -€14,444 | -€8,711 | -152% |
| Income taxes | 67/77 | €563 | €675 | +€111 | +19.8% |
| Profit (loss) for the period | 9904 | -€6,297 | -€15,119 | -€8,823 | -140% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,297 | -€15,119 | -€8,823 | -140% |
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 29 October 2026 via checked.be.