B.A.G.: 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.
B.A.G.
Largest movements
- Cash +€420
up €420 (+174.2%), from €241 to €662
mainly Other debts (+€10,026) and Depreciation (+€243)
- Tangible fixed assets -€243
no longer reported in 2024 (was €243)
- Other debts +€10,026
up €10,026 (+33.2%), from €30,222 to €40,248
- Profit (loss) carried forward -€7,802
down €7,802 (-5.0%), from -€155,570 to -€163,372
- Trade debts -€2,142
down €2,142 (-30.4%), from €7,036 to €4,894
- Gross operating margin -€27,844
down €27,844, from €25,179 to -€2,664
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,549 | €18,631 | +€82 | +0.4% |
| Fixed assets | 21/28 | €243 | - | -€243 | |
| Tangible fixed assets | 22/27 | €243 | - | -€243 | |
| Other tangible fixed assets | 26 | €243 | - | -€243 | |
| Current assets | 29/58 | €18,306 | €18,631 | +€325 | +1.8% |
| Amounts receivable within one year | 40/41 | €18,065 | €17,970 | -€95 | -0.5% |
| Trade receivables | 40 | €3,933 | €3,933 | = | 0.0% |
| Other amounts receivable | 41 | €14,132 | €14,037 | -€95 | -0.7% |
| Cash at bank and in hand | 54/58 | €241 | €662 | +€420 | +174.2% |
| Total equity and liabilities | 10/49 | €18,549 | €18,631 | +€82 | +0.4% |
| Equity | 10/15 | -€136,709 | -€144,511 | -€7,802 | -5.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €261 | €261 | = | 0.0% |
| Non-distributable reserves | 130/1 | €261 | - | -€261 | |
| Reserves not available under the articles | 1311 | €261 | - | -€261 | |
| Distributable reserves | 133 | - | €261 | +€261 | |
| Profit (loss) carried forward | 14 | -€155,570 | -€163,372 | -€7,802 | -5.0% |
| Amounts payable | 17/49 | €155,258 | €163,143 | +€7,885 | +5.1% |
| Amounts payable within one year | 42/48 | €155,258 | €163,143 | +€7,885 | +5.1% |
| Financial debts | 43 | €118,000 | €118,000 | = | 0.0% |
| Credit institutions | 430/8 | €47,000 | €47,000 | = | 0.0% |
| Other loans | 439 | €71,000 | €71,000 | = | 0.0% |
| Trade debts | 44 | €7,036 | €4,894 | -€2,142 | -30.4% |
| Suppliers | 440/4 | €7,036 | €4,894 | -€2,142 | -30.4% |
| Other amounts payable | 47/48 | €30,222 | €40,248 | +€10,026 | +33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €243 | €243 | = | 0.0% |
| Other operating charges | 640/8 | €571 | €574 | +€3 | +0.5% |
| Gross operating margin | 9900 | €25,179 | -€2,664 | -€27,844 | |
| Operating profit (loss) | 9901 | €24,365 | -€3,481 | -€27,846 | |
| Financial income | 75/76B | €22 | €3 | -€19 | -84.3% |
| Recurring financial income | 75 | €22 | €3 | -€19 | -84.3% |
| Financial charges | 65/66B | €4,126 | €4,324 | +€198 | +4.8% |
| Recurring financial charges | 65 | €4,126 | €4,324 | +€198 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | €20,261 | -€7,802 | -€28,063 | |
| Profit (loss) for the period | 9904 | €20,261 | -€7,802 | -€28,063 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,261 | -€7,802 | -€28,063 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.