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B.C. SERVICES: 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

B.C. SERVICES

BE 0814.808.809
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€90,679
2024 · -€128,069+€37,390
Equity
-€619,527
2024 · -€528,848-€90,679
Cash
€5,218
2024 · €12,232-€7,014
Balance sheet total
€867,406
2024 · €973,090-€105,683

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€98,714

    down €98,714 (-10.3%), from €954,151 to €855,437

    of which Land and buildings: -€98,714

Equity and liabilities
  • Profit (loss) carried forward -€90,679

    down €90,679 (-16.5%), from -€548,523 to -€639,202

  • Debts after one year -€53,104

    down €53,104 (-15.8%), from €336,958 to €283,854

  • Other debts +€41,718

    up €41,718 (+6.3%), from €664,317 to €706,035

Income statement
  • Gross operating margin +€34,857

    up €34,857, from -€18,421 to €16,436

  • Financial charges -€3,935

    down €3,935 (-58.7%), from €6,707 to €2,772

  • Other operating charges +€1,462

    up €1,462 (+35.1%), from €4,168 to €5,630

From the 2024 result to the 2025 result

effect on the 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 -€128,069
Gross operating margin +€34,857
Depreciation +€60
Other operating charges -€1,462
Financial charges +€3,935
Result 2025 -€90,679
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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 +€49,251
Investment €0
Financing -€56,266
Cash 2024 €12,232
Net result for the year -€90,679
Depreciation +€98,714
Deferred charges and accrued income -€45
Trade debts +€1,001
Tax, wage and social debts -€1,457
Other debts +€41,718
Debts after one year -€53,104
Current portion of long-term debt -€3,162
Cash 2025 €5,218
brings cash intakes cash out
Every line side by side 38 lines
Line Code 2024 2025 Change %
Total assets 20/58 €973,090 €867,406 -€105,683 -10.9%
Fixed assets 21/28 €954,153 €855,439 -€98,714 -10.3%
Tangible fixed assets 22/27 €954,151 €855,437 -€98,714 -10.3%
Land and buildings 22 €933,387 €834,673 -€98,714 -10.6%
Furniture and vehicles 24 €0 - =
Other tangible fixed assets 26 €20,764 €20,764 = 0.0%
Financial fixed assets 28 €2 €2 = 0.0%
Current assets 29/58 €18,937 €11,967 -€6,970 -36.8%
Amounts receivable within one year 40/41 €6,705 €6,705 = 0.0%
Trade receivables 40 €6,705 €6,705 = 0.0%
Cash at bank and in hand 54/58 €12,232 €5,218 -€7,014 -57.3%
Deferred charges and accrued income 490/1 €0 €45 +€45
Total equity and liabilities 10/49 €973,090 €867,406 -€105,683 -10.9%
Equity 10/15 -€528,848 -€619,527 -€90,679 -17.1%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €1,076 €1,076 = 0.0%
Tax-exempt reserves 132 €1,076 €1,076 = 0.0%
Profit (loss) carried forward 14 -€548,523 -€639,202 -€90,679 -16.5%
Amounts payable 17/49 €1,501,937 €1,486,933 -€15,004 -1.0%
Amounts payable after more than one year 17 €336,958 €283,854 -€53,104 -15.8%
Financial debts 170/4 €336,958 €283,854 -€53,104 -15.8%
Amounts payable within one year 42/48 €1,164,979 €1,203,079 +€38,099 +3.3%
Current portion of amounts payable after more than one year 42 €497,232 €494,070 -€3,162 -0.6%
Trade debts 44 €958 €1,959 +€1,001 +104%
Suppliers 440/4 €958 €1,959 +€1,001 +104%
Taxes, remuneration and social security 45 €2,472 €1,015 -€1,457 -59.0%
Taxes 450/3 €2,472 €1,015 -€1,457 -59.0%
Other amounts payable 47/48 €664,317 €706,035 +€41,718 +6.3%
Non-recurring operating income 76A €0 - =
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €98,773 €98,714 -€60 -0.1%
Other operating charges 640/8 €4,168 €5,630 +€1,462 +35.1%
Gross operating margin 9900 -€18,421 €16,436 +€34,857
Operating profit (loss) 9901 -€121,362 -€87,907 +€33,455 +27.6%
Financial charges 65/66B €6,707 €2,772 -€3,935 -58.7%
Recurring financial charges 65 €6,707 €2,772 -€3,935 -58.7%
Profit (loss) for the period before taxes 9903 -€128,069 -€90,679 +€37,390 +29.2%
Profit (loss) for the period 9904 -€128,069 -€90,679 +€37,390 +29.2%
Profit (loss) for the period to be appropriated 9905 -€128,069 -€90,679 +€37,390 +29.2%

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 23 October 2026 via checked.be.