BCI: 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.
BCI
Largest movements
- Tangible fixed assets +€642,208
up €642,208 (+62.9%), from €1.0m to €1.7m
of which Land and buildings: +€642,473
- Receivables within one year -€38,760
down €38,760 (-34.6%), from €112,144 to €73,383
- Debts after one year +€483,504
up €483,504 (+71.6%), from €675,407 to €1.2m
- Reserves +€112,498
up €112,498 (+45.7%), from €246,225 to €358,723
of which Distributable reserves: +€113,597
- Current portion of long-term debt +€23,110
up €23,110 (+29.2%), from €79,091 to €102,201
- Gross operating margin +€28,487
up €28,487 (+12.7%), from €225,168 to €253,656
- Taxes +€8,176
up €8,176 (+18.0%), from €45,518 to €53,694
- Depreciation +€6,287
up €6,287 (+10.6%), from €59,188 to €65,475
- Financial charges -€2,883
down €2,883 (-13.6%), from €21,133 to €18,250
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,172,872 | €1,772,403 | +€599,530 | +51.1% |
| Fixed assets | 21/28 | €1,021,019 | €1,663,227 | +€642,208 | +62.9% |
| Tangible fixed assets | 22/27 | €1,021,019 | €1,663,227 | +€642,208 | +62.9% |
| Land and buildings | 22 | €983,165 | €1,625,638 | +€642,473 | +65.3% |
| Plant, machinery and equipment | 23 | €1,236 | €3,492 | +€2,256 | +183% |
| Furniture and vehicles | 24 | €36,619 | €34,097 | -€2,521 | -6.9% |
| Current assets | 29/58 | €151,854 | €109,176 | -€42,678 | -28.1% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €112,144 | €73,383 | -€38,760 | -34.6% |
| Trade receivables | 40 | €112,144 | €73,383 | -€38,760 | -34.6% |
| Cash at bank and in hand | 54/58 | €37,435 | €30,755 | -€6,680 | -17.8% |
| Deferred charges and accrued income | 490/1 | €2,275 | €5,038 | +€2,763 | +121% |
| Total equity and liabilities | 10/49 | €1,172,872 | €1,772,403 | +€599,530 | +51.1% |
| Equity | 10/15 | €321,225 | €433,723 | +€112,498 | +35.0% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €246,225 | €358,723 | +€112,498 | +45.7% |
| Tax-exempt reserves | 132 | €23,551 | €22,453 | -€1,098 | -4.7% |
| Distributable reserves | 133 | €222,673 | €336,270 | +€113,597 | +51.0% |
| Provisions and deferred taxes | 16 | €6,209 | €5,843 | -€366 | -5.9% |
| Deferred taxes | 168 | €6,209 | €5,843 | -€366 | -5.9% |
| Amounts payable | 17/49 | €845,439 | €1,332,837 | +€487,398 | +57.7% |
| Amounts payable after more than one year | 17 | €675,407 | €1,158,911 | +€483,504 | +71.6% |
| Financial debts | 170/4 | €675,407 | €1,158,911 | +€483,504 | +71.6% |
| Amounts payable within one year | 42/48 | €162,922 | €167,808 | +€4,886 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €79,091 | €102,201 | +€23,110 | +29.2% |
| Trade debts | 44 | €5,418 | €3,503 | -€1,915 | -35.3% |
| Suppliers | 440/4 | €5,418 | €3,503 | -€1,915 | -35.3% |
| Taxes, remuneration and social security | 45 | €23,756 | €23,094 | -€662 | -2.8% |
| Taxes | 450/3 | €23,756 | €23,094 | -€662 | -2.8% |
| Other amounts payable | 47/48 | €54,657 | €39,010 | -€15,647 | -28.6% |
| Accrued charges and deferred income | 492/3 | €7,110 | €6,118 | -€992 | -14.0% |
| Non-recurring operating income | 76A | - | €142 | +€142 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,188 | €65,475 | +€6,287 | +10.6% |
| Other operating charges | 640/8 | €2,718 | €4,104 | +€1,386 | +51.0% |
| Gross operating margin | 9900 | €225,168 | €253,656 | +€28,487 | +12.7% |
| Operating profit (loss) | 9901 | €163,262 | €184,076 | +€20,814 | +12.7% |
| Financial income | 75/76B | €44 | €0 | -€44 | -100% |
| Recurring financial income | 75 | €44 | €0 | -€44 | -100% |
| Financial charges | 65/66B | €21,133 | €18,250 | -€2,883 | -13.6% |
| Recurring financial charges | 65 | €21,133 | €18,250 | -€2,883 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €142,173 | €165,826 | +€23,653 | +16.6% |
| Transfer from deferred taxes | 780 | €366 | €366 | = | 0.0% |
| Income taxes | 67/77 | €45,518 | €53,694 | +€8,176 | +18.0% |
| Profit (loss) for the period | 9904 | €97,022 | €112,498 | +€15,477 | +16.0% |
| Transfer from tax-exempt reserves | 789 | €1,098 | €1,098 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €98,120 | €113,597 | +€15,477 | +15.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.