BSOD mostly while playing HoN, BCCode 116

So i've read some stuff about this BCCode 116 and read this forum thread and followed the steps but it still doesn't work. Although i couldn't find the "AODDriver entry" in the NON Plug and play section.

I've uploaded the stuff from SF diag tool.

View attachment 226078

I'm using Windows 7 64-bit and the problem apeared when i installed my newly bought HD Radeon 7770.

Welcome
I think that your answered your own question. 116 is primarily a video issues. Your Radeon card is video. The card is either defective, not installed properly or not the right card for you.

Could it be that the BIOS ain't compatible with the graphics card? My motherboard is pretty old

Yes, that could be the problem.