BYCO: 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.
BYCO
Largest movements
- Receivables within one year +€35,137
up €35,137 (+51.2%), from €68,678 to €103,815
of which Trade receivables: +€45,137
- Cash -€14,352
down €14,352 (-100.0%), from €14,352 to €0
mainly Receivables within one year (-€35,137) and Net result for the year (-€16,514)
- Other debts +€33,080
up €33,080 (+115.5%), from €28,637 to €61,717
- Profit (loss) carried forward -€16,514
down €16,514 (-16.9%), from -€97,501 to -€114,015
- Short-term financial debts +€4,777
new in 2025: €4,777
- Trade debts -€2,948
down €2,948 (-76.1%), from €3,871 to €923
- Tax, wage and social debts +€1,231
up €1,231 (+8.0%), from €15,321 to €16,553
- Gross operating margin -€12,608
down €12,608, from €4,711 to -€7,897
- Financial charges -€1,162
down €1,162 (-17.8%), from €6,512 to €5,351
- Other operating charges +€222
up €222 (+13.5%), from €1,645 to €1,866
- Taxes -€162
down €162 (-12.3%), from €1,318 to €1,156
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 | €86,328 | €106,719 | +€20,391 | +23.6% |
| Fixed assets | 21/28 | €863 | €619 | -€244 | -28.3% |
| Tangible fixed assets | 22/27 | €488 | €244 | -€244 | -50.0% |
| Plant, machinery and equipment | 23 | €488 | €244 | -€244 | -50.0% |
| Financial fixed assets | 28 | €375 | €375 | = | 0.0% |
| Current assets | 29/58 | €85,465 | €106,100 | +€20,635 | +24.1% |
| Amounts receivable within one year | 40/41 | €68,678 | €103,815 | +€35,137 | +51.2% |
| Trade receivables | 40 | €58,678 | €103,815 | +€45,137 | +76.9% |
| Other amounts receivable | 41 | €10,000 | €0 | -€10,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €14,352 | €0 | -€14,352 | -100.0% |
| Deferred charges and accrued income | 490/1 | €2,435 | €2,285 | -€150 | -6.2% |
| Total equity and liabilities | 10/49 | €86,328 | €106,719 | +€20,391 | +23.6% |
| Equity | 10/15 | €38,499 | €21,985 | -€16,514 | -42.9% |
| Contributions | 10/11 | €136,000 | €136,000 | = | 0.0% |
| Capital | 10 | €136,000 | €136,000 | = | 0.0% |
| Issued capital | 100 | €136,000 | €136,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€97,501 | -€114,015 | -€16,514 | -16.9% |
| Amounts payable | 17/49 | €47,829 | €84,734 | +€36,905 | +77.2% |
| Amounts payable within one year | 42/48 | €47,829 | €83,970 | +€36,140 | +75.6% |
| Financial debts | 43 | - | €4,777 | +€4,777 | |
| Credit institutions | 430/8 | - | €4,777 | +€4,777 | |
| Trade debts | 44 | €3,871 | €923 | -€2,948 | -76.1% |
| Suppliers | 440/4 | €3,871 | €923 | -€2,948 | -76.1% |
| Taxes, remuneration and social security | 45 | €15,321 | €16,553 | +€1,231 | +8.0% |
| Taxes | 450/3 | €15,321 | €16,553 | +€1,231 | +8.0% |
| Other amounts payable | 47/48 | €28,637 | €61,717 | +€33,080 | +115.5% |
| Accrued charges and deferred income | 492/3 | €0 | €765 | +€765 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €244 | €244 | = | 0.0% |
| Other operating charges | 640/8 | €1,645 | €1,866 | +€222 | +13.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €4,711 | -€7,897 | -€12,608 | |
| Operating profit (loss) | 9901 | €2,822 | -€10,008 | -€12,829 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €6,512 | €5,351 | -€1,162 | -17.8% |
| Recurring financial charges | 65 | €6,512 | €5,351 | -€1,162 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,690 | -€15,358 | -€11,668 | -316.2% |
| Income taxes | 67/77 | €1,318 | €1,156 | -€162 | -12.3% |
| Profit (loss) for the period | 9904 | -€5,008 | -€16,514 | -€11,506 | -229.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,008 | -€16,514 | -€11,506 | -229.7% |
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 4 October 2026 via checked.be.