Add up BGT: 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.
Add up BGT
Largest movements
- Tangible fixed assets -€8,213
down €8,213 (-4.1%), from €202,119 to €193,905
of which Land and buildings: -€7,350
- Receivables within one year +€4,301
up €4,301 (+73.2%), from €5,874 to €10,174
- Cash +€3,947
up €3,947 (+75.3%), from €5,244 to €9,190
mainly Net result for the year (+€26,526) and Other debts (+€15,328)
- Other debts +€15,328
up €15,328 (+14.7%), from €103,925 to €119,253
- Debts after one year -€15,273
down €15,273 (-22.5%), from €67,909 to €52,636
- Tax, wage and social debts -€3,176
down €3,176 (-36.7%), from €8,660 to €5,484
of which Taxes: -€5,176
- Gross operating margin +€8,099
up €8,099 (+20.0%), from €40,470 to €48,570
- Financial charges -€2,500
down €2,500 (-47.5%), from €5,261 to €2,761
- Taxes +€2,088
up €2,088 (+37.0%), from €5,640 to €7,727
- Depreciation -€1,909
down €1,909 (-18.9%), from €10,122 to €8,213
- Other operating charges +€1,539
up €1,539 (+84.8%), from €1,814 to €3,354
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 | €216,889 | €217,095 | +€206 | +0.1% |
| Fixed assets | 21/28 | €203,392 | €195,179 | -€8,213 | -4.0% |
| Tangible fixed assets | 22/27 | €202,119 | €193,905 | -€8,213 | -4.1% |
| Land and buildings | 22 | €199,850 | €192,500 | -€7,350 | -3.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €655 | - | -€655 | |
| Other tangible fixed assets | 26 | €1,614 | €1,406 | -€208 | -12.9% |
| Financial fixed assets | 28 | €1,274 | €1,274 | = | 0.0% |
| Current assets | 29/58 | €13,497 | €21,916 | +€8,419 | +62.4% |
| Amounts receivable within one year | 40/41 | €5,874 | €10,174 | +€4,301 | +73.2% |
| Trade receivables | 40 | €5,874 | €10,174 | +€4,301 | +73.2% |
| Cash at bank and in hand | 54/58 | €5,244 | €9,190 | +€3,947 | +75.3% |
| Deferred charges and accrued income | 490/1 | €2,380 | €2,552 | +€172 | +7.2% |
| Total equity and liabilities | 10/49 | €216,889 | €217,095 | +€206 | +0.1% |
| Equity | 10/15 | €20,224 | €21,578 | +€1,355 | +6.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | -€236 | €1,118 | +€1,355 | |
| Amounts payable | 17/49 | €196,666 | €195,517 | -€1,149 | -0.6% |
| Amounts payable after more than one year | 17 | €67,909 | €52,636 | -€15,273 | -22.5% |
| Financial debts | 170/4 | €67,909 | €52,636 | -€15,273 | -22.5% |
| Amounts payable within one year | 42/48 | €128,696 | €142,881 | +€14,184 | +11.0% |
| Current portion of amounts payable after more than one year | 42 | €15,041 | €15,273 | +€232 | +1.5% |
| Trade debts | 44 | €1,070 | €2,871 | +€1,801 | +168% |
| Suppliers | 440/4 | €1,070 | €2,871 | +€1,801 | +168% |
| Taxes, remuneration and social security | 45 | €8,660 | €5,484 | -€3,176 | -36.7% |
| Taxes | 450/3 | €6,730 | €1,554 | -€5,176 | -76.9% |
| Remuneration and social security | 454/9 | €1,930 | €3,930 | +€2,000 | +104% |
| Other amounts payable | 47/48 | €103,925 | €119,253 | +€15,328 | +14.7% |
| Accrued charges and deferred income | 492/3 | €60 | - | -€60 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,122 | €8,213 | -€1,909 | -18.9% |
| Other operating charges | 640/8 | €1,814 | €3,354 | +€1,539 | +84.8% |
| Gross operating margin | 9900 | €40,470 | €48,570 | +€8,099 | +20.0% |
| Operating profit (loss) | 9901 | €28,534 | €37,003 | +€8,469 | +29.7% |
| Financial income | 75/76B | €30 | €11 | -€19 | -63.3% |
| Recurring financial income | 75 | €30 | €11 | -€19 | -63.3% |
| Financial charges | 65/66B | €5,261 | €2,761 | -€2,500 | -47.5% |
| Recurring financial charges | 65 | €5,261 | €2,761 | -€2,500 | -47.5% |
| Profit (loss) for the period before taxes | 9903 | €23,303 | €34,253 | +€10,950 | +47.0% |
| Income taxes | 67/77 | €5,640 | €7,727 | +€2,088 | +37.0% |
| Profit (loss) for the period | 9904 | €17,664 | €26,526 | +€8,862 | +50.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,664 | €26,526 | +€8,862 | +50.2% |
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 26 October 2026 via checked.be.