BCS: 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.
BCS
Largest movements
- Receivables within one year -€1.8m
down €1.8m (-94.2%), from €1.9m to €108,033
of which Trade receivables: -€1.7m
- Stocks and contracts -€52,485
no longer reported in 2025 (was €52,485)
- Trade debts -€1.7m
down €1.7m (-100.0%), from €1.7m to €557
- Other debts -€46,729
down €46,729 (-32.0%), from €146,219 to €99,490
- Profit (loss) carried forward -€28,337
down €28,337, from €14,403 to -€13,934
- Staff costs +€25,516
up €25,516 (+85.9%), from €29,689 to €55,204
- Gross operating margin -€19,205
down €19,205 (-32.7%), from €58,781 to €39,576
- Financial charges -€15,888
down €15,888 (-71.4%), from €22,261 to €6,373
- Taxes +€1,900
new in 2025: €1,900
- Depreciation -€917
no longer reported in 2025 (was €917)
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 | €1,930,215 | €108,038 | -€1.8m | -94.4% |
| Fixed assets | 21/28 | €3,127 | - | -€3,127 | |
| Tangible fixed assets | 22/27 | €3,127 | - | -€3,127 | |
| Furniture and vehicles | 24 | €3,127 | - | -€3,127 | |
| Current assets | 29/58 | €1,927,089 | €108,038 | -€1.8m | -94.4% |
| Stocks and contracts in progress | 3 | €52,485 | - | -€52,485 | |
| Stocks | 30/36 | €52,485 | - | -€52,485 | |
| Amounts receivable within one year | 40/41 | €1,861,224 | €108,033 | -€1.8m | -94.2% |
| Trade receivables | 40 | €1,761,183 | €108,033 | -€1.7m | -93.9% |
| Other amounts receivable | 41 | €100,041 | - | -€100,041 | |
| Cash at bank and in hand | 54/58 | €12,992 | €4 | -€12,988 | -100.0% |
| Deferred charges and accrued income | 490/1 | €388 | - | -€388 | |
| Total equity and liabilities | 10/49 | €1,930,215 | €108,038 | -€1.8m | -94.4% |
| Equity | 10/15 | €15,603 | -€12,734 | -€28,337 | |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,403 | -€13,934 | -€28,337 | |
| Amounts payable | 17/49 | €1,914,613 | €120,772 | -€1.8m | -93.7% |
| Amounts payable within one year | 42/48 | €1,914,613 | €120,772 | -€1.8m | -93.7% |
| Trade debts | 44 | €1,749,482 | €557 | -€1.7m | -100.0% |
| Suppliers | 440/4 | €1,749,482 | €557 | -€1.7m | -100.0% |
| Taxes, remuneration and social security | 45 | €18,912 | €20,726 | +€1,814 | +9.6% |
| Taxes | 450/3 | €14,382 | €6,060 | -€8,322 | -57.9% |
| Remuneration and social security | 454/9 | €4,530 | €14,666 | +€10,136 | +224% |
| Other amounts payable | 47/48 | €146,219 | €99,490 | -€46,729 | -32.0% |
| Remuneration, social security and pensions | 62 | €29,689 | €55,204 | +€25,516 | +85.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €917 | - | -€917 | |
| Other operating charges | 640/8 | €956 | €1,309 | +€353 | +36.9% |
| Non-recurring operating charges | 66A | - | €3,127 | +€3,127 | |
| Gross operating margin | 9900 | €58,781 | €39,576 | -€19,205 | -32.7% |
| Operating profit (loss) | 9901 | €27,219 | -€20,064 | -€47,283 | |
| Financial charges | 65/66B | €22,261 | €6,373 | -€15,888 | -71.4% |
| Recurring financial charges | 65 | €22,261 | €6,373 | -€15,888 | -71.4% |
| Profit (loss) for the period before taxes | 9903 | €4,958 | -€26,437 | -€31,396 | |
| Income taxes | 67/77 | - | €1,900 | +€1,900 | |
| Profit (loss) for the period | 9904 | €4,958 | -€28,337 | -€33,295 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,958 | -€28,337 | -€33,295 |
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 28 October 2026 via checked.be.