FIDUCIAIRE BCD: what changed
FIDUCIAIRE BCD
Largest movements
- Cash -€10,911
down €10,911 (-69.4%), from €15,715 to €4,805
mainly Contributions, distributions and other (-€20,000) and Current portion of long-term debt (-€9,127)
- Receivables within one year -€3,532
down €3,532 (-6.5%), from €53,985 to €50,453
of which Trade receivables: -€8,003
- Tangible fixed assets -€1,199
down €1,199 (-83.7%), from €1,433 to €234
of which Furniture and vehicles: -€921
- Current portion of long-term debt -€9,127
down €9,127 (-50.2%), from €18,165 to €9,038
- Profit (loss) carried forward -€7,479
down €7,479 (-27.9%), from €26,768 to €19,289
- Trade debts +€3,287
up €3,287 (+26.7%), from €12,326 to €15,613
- Tax, wage and social debts -€1,490
down €1,490 (-23.1%), from €6,446 to €4,956
of which Taxes: -€3,093
- Other debts -€1,017
down €1,017 (-16.7%), from €6,070 to €5,053
- Staff costs +€17,557
up €17,557 (+62.9%), from €27,890 to €45,447
- Write-downs -€6,510
down €6,510, from €4,936 to -€1,574
- Taxes -€4,367
down €4,367 (-40.6%), from €10,761 to €6,394
- Gross operating margin -€2,643
down €2,643 (-3.7%), from €71,309 to €68,666
- Financial income +€887
new in 2025: €887
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €71,634 | €55,809 | -€15,825 | -22.1% |
| Fixed assets | 21/28 | €1,433 | €234 | -€1,199 | -83.7% |
| Tangible fixed assets | 22/27 | €1,433 | €234 | -€1,199 | -83.7% |
| Plant, machinery and equipment | 23 | €278 | - | -€278 | |
| Furniture and vehicles | 24 | €1,155 | €234 | -€921 | -79.8% |
| Current assets | 29/58 | €70,202 | €55,576 | -€14,626 | -20.8% |
| Amounts receivable within one year | 40/41 | €53,985 | €50,453 | -€3,532 | -6.5% |
| Trade receivables | 40 | €47,882 | €39,879 | -€8,003 | -16.7% |
| Other amounts receivable | 41 | €6,103 | €10,574 | +€4,471 | +73.3% |
| Cash at bank and in hand | 54/58 | €15,715 | €4,805 | -€10,911 | -69.4% |
| Deferred charges and accrued income | 490/1 | €501 | €318 | -€184 | -36.6% |
| Total equity and liabilities | 10/49 | €71,634 | €55,809 | -€15,825 | -22.1% |
| Equity | 10/15 | €28,628 | €21,149 | -€7,479 | -26.1% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,768 | €19,289 | -€7,479 | -27.9% |
| Amounts payable | 17/49 | €43,007 | €34,661 | -€8,346 | -19.4% |
| Amounts payable within one year | 42/48 | €43,007 | €34,661 | -€8,346 | -19.4% |
| Current portion of amounts payable after more than one year | 42 | €18,165 | €9,038 | -€9,127 | -50.2% |
| Trade debts | 44 | €12,326 | €15,613 | +€3,287 | +26.7% |
| Suppliers | 440/4 | €12,326 | €15,613 | +€3,287 | +26.7% |
| Taxes, remuneration and social security | 45 | €6,446 | €4,956 | -€1,490 | -23.1% |
| Taxes | 450/3 | €3,093 | - | -€3,093 | |
| Remuneration and social security | 454/9 | €3,353 | €4,956 | +€1,604 | +47.8% |
| Other amounts payable | 47/48 | €6,070 | €5,053 | -€1,017 | -16.7% |
| Remuneration, social security and pensions | 62 | €27,890 | €45,447 | +€17,557 | +62.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,338 | €1,199 | -€139 | -10.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,936 | -€1,574 | -€6,510 | |
| Other operating charges | 640/8 | €788 | €400 | -€388 | -49.3% |
| Non-recurring operating charges | 66A | - | €4,246 | +€4,246 | |
| Gross operating margin | 9900 | €71,309 | €68,666 | -€2,643 | -3.7% |
| Operating profit (loss) | 9901 | €36,357 | €18,948 | -€17,409 | -47.9% |
| Financial income | 75/76B | - | €887 | +€887 | |
| Recurring financial income | 75 | - | €887 | +€887 | |
| Financial charges | 65/66B | €443 | €920 | +€477 | +108% |
| Recurring financial charges | 65 | €443 | €920 | +€477 | +108% |
| Profit (loss) for the period before taxes | 9903 | €35,914 | €18,915 | -€16,999 | -47.3% |
| Income taxes | 67/77 | €10,761 | €6,394 | -€4,367 | -40.6% |
| Profit (loss) for the period | 9904 | €25,153 | €12,521 | -€12,632 | -50.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,153 | €12,521 | -€12,632 | -50.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.