# BCS AMERICAS, INC. X-17A-5 (2025-03-03) — Broker-dealer annual report - Company: BCS AMERICAS, INC. - Form: X-17A-5 - Filed: 2025-03-03 - Period: 2024-12-31 - Accession: 0001337052-25-000002 - CIK: 1091484 - File #: 8-51950 - Type: Broker-dealer - Material weakness: No - Auditor: Michael Coglianese CPA - Auditor location: Bloomingdale, IL - Contact: Douglas Colombo - Phone: 212 421 7500 - Signed by: Michael Healy (Chief Executive Officer) Original filing: https://www.sec.gov/Archives/edgar/data/1091484/000133705225000002/bcspublic.pdf --- {0}------------------------------------------------ # BCS AMERICAS, INC. STATEMENT OF FINANCIAL CONDITION DECEMBER 31, 2024 {1}------------------------------------------------ WATTHALA PART UNITED STATES CHAN Niersland 11 19 11 11 1 SECURITIES AND EXCHANGE COMMISSION Euplemo Nine Ki, Jilda Washington, D.C. 20549 Fallnalmi average burilor hesters por conferrise 12 ANNUAL REPORTS I HII NUMBER FORM X-17A-5 8-51950 PART III FACING PAGE Information Required Pursuant to Rules 17-5, 170-12, and 18a-7 under the Securities Exchange Act of 1934 AND ENDING 12/31/2024 FILING FOR THE PERIOD BEGINNING 01/01/2024 MM/DD/YY MM/DD/YY A. REGISTRANT IDENTIFICATION NAME OF FIRM: BCS Americas, Inc. TYPE OF REGISTRANT (check all applicable boxes): [.] Broker-dealer [ ] Security-based swap dealer | Major security-based swap participant Check here if respondent is also an Of( derivatives dealer ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use P.O. box no.) 230 Park Avenue (No and Street) New York NY 10169 (State) (Zip Code) (Cliv) PERSON TO CONTACT WITH REGARD TO THIS FILING Douglas Colombo 212 421 7500 Douglas-Colombo@bcsgm com (Area Code - Telephone Number) (Email Address) (Name) B. ACCOUNTANT IDENTIFICATION INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing\* Michael Coglianese CPA (Name - If individual, state last, first, and middle name) Bloomingdale IL 60108 125 E. Lake Street. Ste 303 (State) (Address) (City) (Zip Code) 10-20-2009 3874 (PCAOB Registration Number, If applicable) (Date of Registration with PCAOB)(if applicable) FOR OFFICIAL USE ONLY · Claims for exemption from the requirement that the annual reports be covered by the reports of an independent public accountant must be supported by a statement of facts and circumstances relied on as the basis of the exemption. See 17 CFR 240 17@ 5(e)(1)(ii), if applicable Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays . currently valid OMB control number. {2}------------------------------------------------ #### OATH OR AFFIRMATION | Michael Healy | | | swear (or affirm) that, to the best of my knowledge and belief, the financial
report pertaining to the firm of BCS Americas, Inc.
as of | |------------------------|--|--|-----------------------------------------------------------------------------------------------------------------------------------------------| | December 31 | | | 2 024 is true and correct. I further swear (or affirm) that neither the company nor any | | | | | | | | | | partner, officer, director, or equivalent person, as the case may be, has any proprietary interest in any account classified soledy | | as that of a customer. | | | | Notary Public #### ROGER SEEBALD Notary Public, State of New York No. 01SF6235849 Qualified in Suffolk County # This filing \*\* contains (check all applicable boxes): - (a) Statement of financial condition. - (b) Notes to consolidated statement of financial condition. - [c) Statement of income (loss) or, if there is other comprehensive in the period(s) presented, a statement of comprehensive income (as defined in § 210.1-02 of Regulation S-X). - (d) Statement of cash flows. - [e) Statement of changes in stockholders' or partners' or sole proprietor's equity. - [f] Statement of changes in liabilities subordinated to claims of creditors. - [g) Notes to consolidated financial statements. - (h) Computation of net capital under 17 CFR 240.15c3-1 or 17 CFR 240.18a-1, as applicable - [i) Computation of tangible net worth under 17 CFR 240.18a-2. - [] Computation for determination of customer reserve requirements pursuant to Exhibit A to 17 CFR 240.15c3-3 - [k] Computation for determination of security-based swap reserve requirements pursuant to Exhibit B to 17 CFR 240 15c3-3 or Exhibit A to 17 CFR 240.18a-4, as applicable. - (I) Computation for Determination of PAB Requirements under Exhibit A to § 240.15c3-3. - [m] Information relating to possession or control requirements for customers under 17 CFR 240.15c3-3. - [n] Information relating to possession or control requirements for security-based swap customers under 17 CFR 240.15c3-3(p)(2) or 17 CFR 240.18a-4, as applicable. - 1 (o) Reconcliations, including appropriate explanations, of the FOCUS Report with computation of net capital or tangible net worth under 17 CFR 240.15c3-1, 17 CFR 240.18a-2, or 17 CFR 240.18a-2, as applicable, and the reserve requirements under 17 CFR 240.15c3-3 or 17 CFR 240.18a-4, as applicable, if material differences exist, or a statement that no material differences Prist - [p) Summary of financial data for subsidiaries not consolidated in the statement of financial condition. - (q) Oath or affirmation in accordance with 17 CFR 240.17a-5, 17 CFR 240.17a-12, or 17 CFR 240.18a-7, as applicable - [r) Compliance report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - (s) Exemption report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable - (t) Independent public accountant's report based on an examination of the statement of financial condition. - [u] Independent public accountant's report based on an examination of the financial statements under 17 CFR 240.17a-5, 17 CFR 240.18a-7, or 17 CFR 240.17a-12, as applicable - [v] Independent public accountant's report based on an examination of certain statements in the compliance report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable. - [w] Independent public accountant's report based on a review of the exemption report under 17 CFR 240.17a-5 or 17 CFR 240 18a-7, as applicable. - [x] Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.17a-12, as applicable - [y] Report describing any material inadequacies found to exist or found to have existed since the date of the previous audit, or a statement that no material inadequacies exist, under 17 CFR 240.17a-12(k) - [2) Other - · To request confidential treatment of certain portions of this filing, see 17 CFR 240.170-5(e)(3) or 17 CFR 240.18c-7(d)(2), as applicable Chief Executive Officer Title Commission Expires February 14, 20 g {3}------------------------------------------------ # BCS AMERICAS, INC. # DECEMBER 31, 2024 # TABLE OF CONTENTS | Report of Independent Registered Public Accounting Firm | | |---------------------------------------------------------|------| | | Page | | Statement of Financial Condition
| | | Notes to Statement of Financial Condition | | {4}------------------------------------------------ ![](_page_4_Picture_0.jpeg) #### **Report of Independent Registered Public Accounting Firm** To the Shareholder of BCS Americas, Inc. #### **Opinion on the Financial Statement** We have audited the accompanying statement of financial condition of BCS Americas, Inc. as of December 31, 2024, and the related notes (collectively referred to as the financial statement). In our opinion, the statement of financial condition presents fairly, in all material respects, the financial position of BCS Americas, Inc. as of December 31, 2024 in conformity with accounting principles generally accepted in the United States of America. #### **Basis for Opinion** This financial statement is the responsibility of BCS Americas, Inc.'s management. Our responsibility is to express an opinion on BCS Americas, Inc.'s financial statement based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to BCS Americas, Inc. in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statement is free of material misstatement, whether due to error or fraud. Our audit included performing procedures to assess the risks of material misstatement of the financial statement, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audit provides a reasonable basis for our opinion. We have served as BCS Americas, Inc.'s auditor since 2022. Bloomingdale, IL February 14, 2025 {5}------------------------------------------------ #### ASSETS | ƒ•Š
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͵ͻǡͲͺͷ | |---------------------------------------------------------|--------------------------------------| | Total assets | ̈́ʹǡͶ͸ͺǡͳͻͳ | | | | | LIABILITIES AND SHAREHOLDER'S EQUITY | | | ‹ƒ"‹Ž‹–‹‡•ǣ | | | ……"—‡†‡š'‡•‡• | ̈́ͳ͹ǡ͸Ͳ͹ | | Total liabilities | ͳ͹ǡ͸Ͳ͹ | | '‹–‡–•ƒ†…'–‹‰‡…‹‡• | | | Šƒ"‡Š'ކ‡"̵•‡"—‹–›ǣ | | | "‡ˆ‡""‡†•–'…Ǧ''ƒ"˜ƒŽ—‡ǢͷͲͲ•Šƒ"‡•ƒ—–Š'"‹œ‡†ǡ'‡‹••—‡† | | | ''•–'…Ǧ''ƒ"˜ƒŽ—‡ǢͷͲͲ•Šƒ"‡•ƒ—–Š'"‹œ‡†ǡ |
ͳͳǡͷͲͲ | | ͳͺ͹•Šƒ"‡•‹••—‡†ƒ†'—–•–ƒ†‹‰ | | | ††‹–‹'ƒŽ'ƒ‹†‹…ƒ'‹–ƒŽ |
ͳͺǡͷͲͲǡͲͲͲ | | ……——Žƒ–‡††‡ˆ‹…‹– |
ȋͳ͸ǡͲ͸Ͳǡͻͳ͸Ȍ | | Total shareholder's equity | ʹǡͶͷͲǡͷͺͶ | | Total liabilities and shareholder's equity | ̈́ʹǡͶ͸ͺǡͳͻͳ | | | | Ǥ {6}------------------------------------------------ # 1. ORGANIZATION AND DESCRIPTION OF BUSINESS ǡ Ǥ ȋ DzdzȌ Ǧ ȋDzdzȌ ȋDz dzȌ ȋDz dzȌǤ Ǥ ǡ ǡ Ǥ ǤǤ Ǥ ʹͻǡ ʹͲͳǡ ȋDzdzȌǤ # 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES # *Fixed assets, net* Ǧ Ǥ Ǥ # *Income taxes* Ǥ Ǥ Ǥ Ǥ ǡ Ǥ # *Concentration of risk* ǡǡǤ Ǥ͵ͳǡʹͲʹͶǡ ̈́ͳǡͷͶǡͲʹ Ǥ {7}------------------------------------------------ # 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES *(continued)* # *Use of estimates* Ǥ ǡ Ǥ # *Revenue recognition* ǤʹͲͳͶǦͲͻǡDzdzȋDzͲdzȌ ǡ ǡ Ǥ ǡǡǤ Ǥ Ǥ ǯ Ǥ ȋǤǤǡ DzdzȌǤ ǡǡǡǤ # *Agency commissions* Ǥ ǯ Ǣ ǡǤ ǡ ȀǤ # *Research fees* ǤǤ Ǥ Ǥ ǡ Ǥ # *Trading gains (losses*Ȍ Ǥ ǡ ǡǡǤ ǤǤǤ ǡ ȀǤ {8}------------------------------------------------ # 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES *(continued)* # *Revenue recognition (continued)* #### *Rights and obligations* Ǥ #### *Credit Losses* ͵ʹǡ Ȃ ȋDz ͵ʹdzȌǤ ͵ʹ ȋ̶̶Ȍ Ǥ ǡ ȋǤǤǡȌǤ #### *Adoption of new accounting standards* ȋȌ ʹͲʹ͵ǦͲǡ Dz dz ȋ ʹͺͲȌ ǯ ͳͷǡ ʹͲʹ͵Ǥ ʹͲʹ͵ǦͲ Ǧ ǯǤ Ǥ ͻǡǤ #### 3. FIXED ASSETS, net ͵ͳǡʹͲʹͶǡǣ | ''—–‡"ƒ†'ˆˆ‹…‡‡"—‹'‡– | ̈́ | ͸ͺǡ͵ʹͺ | |-----------------------------|----|--------| | ‡••ǣƒ……——Žƒ–‡††‡'"‡…‹ƒ–‹' | | ͸ͺǡ͵ʹͺ | | | ̈́ | Ͳ | # 4. CLEARANCE AGREEMENT ǡ ǡ Ǥ ǡ ǡ ǡ ǡ ǡ ǡ ǡ ǡ Ǥ ͵ͳǡʹͲʹͶǡ ̈́ͲͷǡͲ͵Ͷ ǡ Ǥ̈́ͷͲͲǡͲͲͲ Ǥ {9}------------------------------------------------ # 5. INCOME TAXES ͵ͳǡ ʹͲʹͶǡ ȋDzǯdzȌǡ ̈́ǡͳͲͲǡͲͲͲǤ ̈́ʹǡͲͲͲǡͲͲͲ͵ͳǡ ʹͲʹͶǡ Ǥ ̈́ʹͲͲǡͲͲͲ ͵ͳǡ ʹͲʹͶǤ ̈́ͲͲǡͲͲͲǤ ʹͲͳǡ ǯ ͵ͺʹ Ǥ ǡ Ǥ # *Uncertain tax positions* ȋDz dzȌ ȋDzdzȌǤͶͲǡ Ǥ Ǥ ͶͲǡ ǡ Ǥ ͳǡ ʹͲʹͳǤ # 6. COMMITMENT AND CONTINGENCIES ʹͲʹ͵ǡǦǡ ʹͲʹͶǤǤ ǡ Ǥ Ǥ ǡ Ǥ ǡ Ǥ̈́ͳǡͲͲǡͻͳ͵ͳǡʹͲʹͶǤ {10}------------------------------------------------ # 7. OFF-BALANCE SHEET RISK Ǥ ǡ Ǥ Ǥ ǡ ǡ Ǧǡǡ ǦǤ͵ͳǡʹͲʹͶǡ Ǥ # 8. NET CAPITAL REQUIREMENTS ͳͷ͵Ǧͳ ǡ ǡ ǡ ǡ Ǥ ǡ ̈́ʹͷͲǡͲͲͲʹȀ͵ΨǤ ͵ͳǡʹͲʹͶǡǡǡ̈́ͳǡͻͳͳǡͶͻͻǡ ̈́ʹͷͲǡͲͲͲ̈́ͳǡͳǡͶͻͻǤ͵ͳǡ ʹͲʹͶǡ ̈́ͳǡͲǤ ǯ ͲǤͻʹΨǤ # 9. REPORTABLE SEGMENTS Ǧǡ ǤǤ Ǥ ȋDzdzȌǡ ǡǡ ǤǡȋͺȌǡ ǡ Ǥ ǯ ǡǡ Ǥ Ǥ {11}------------------------------------------------ ## 10.SUBSEQUENT EVENTS Management of the Company has evaluated events and transactions that have occurred since December 31, 2024, through the date of this report and determined that there are no material events that require disclosures or recognition in the Company's financial statement. Source: SEC EDGAR via Adviser Search (https://search.stillhousedata.com). Agents: see https://search.stillhousedata.com/llms.txt.