B & G Cargo: 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 & G Cargo
Largest movements
- Deferred charges and accrued income +€54,215
up €54,215 (+32,133%), from €169 to €54,384
- Receivables within one year -€32,713
down €32,713 (-23.1%), from €141,390 to €108,678
of which Other amounts receivable: -€52,971
- Tangible fixed assets -€24,301
down €24,301 (-31.9%), from €76,292 to €51,990
of which Leasing and similar rights: -€13,177
- Cash -€6,590
down €6,590 (-98.7%), from €6,674 to €84
mainly Deferred charges and accrued income (-€54,215) and Other debts (-€30,089)
- Other debts -€30,089
down €30,089 (-100%), from €30,089 to €0
- Short-term financial debts +€26,226
new in 2025: €26,226
- Debts after one year -€22,273
down €22,273 (-71.4%), from €31,176 to €8,903
- Reserves +€15,900
up €15,900 (+30.1%), from €52,855 to €68,754
- Current portion of long-term debt -€10,509
down €10,509 (-28.9%), from €36,309 to €25,800
- Other operating charges +€18,684
up €18,684 (+906%), from €2,062 to €20,746
- Gross operating margin +€6,641
up €6,641 (+8.5%), from €78,472 to €85,112
- Depreciation +€4,776
up €4,776 (+15.4%), from €31,016 to €35,793
- Taxes -€2,549
down €2,549 (-21.5%), from €11,835 to €9,286
- Financial income +€2,341
up €2,341 (+98.7%), from €2,371 to €4,712
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 | €224,939 | €215,551 | -€9,388 | -4.2% |
| Fixed assets | 21/28 | €76,707 | €52,405 | -€24,301 | -31.7% |
| Tangible fixed assets | 22/27 | €76,292 | €51,990 | -€24,301 | -31.9% |
| Furniture and vehicles | 24 | €54,451 | €43,326 | -€11,125 | -20.4% |
| Leasing and similar rights | 25 | €21,841 | €8,664 | -€13,177 | -60.3% |
| Financial fixed assets | 28 | €415 | €415 | = | 0.0% |
| Current assets | 29/58 | €148,233 | €163,146 | +€14,913 | +10.1% |
| Amounts receivable within one year | 40/41 | €141,390 | €108,678 | -€32,713 | -23.1% |
| Trade receivables | 40 | €73,940 | €94,199 | +€20,259 | +27.4% |
| Other amounts receivable | 41 | €67,450 | €14,479 | -€52,971 | -78.5% |
| Cash at bank and in hand | 54/58 | €6,674 | €84 | -€6,590 | -98.7% |
| Deferred charges and accrued income | 490/1 | €169 | €54,384 | +€54,215 | +32,133% |
| Total equity and liabilities | 10/49 | €224,939 | €215,551 | -€9,388 | -4.2% |
| Equity | 10/15 | €67,855 | €83,754 | +€15,900 | +23.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €52,855 | €68,754 | +€15,900 | +30.1% |
| Distributable reserves | 133 | €52,855 | €68,754 | +€15,900 | +30.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €157,084 | €131,797 | -€25,288 | -16.1% |
| Amounts payable after more than one year | 17 | €31,176 | €8,903 | -€22,273 | -71.4% |
| Financial debts | 170/4 | €31,176 | €8,903 | -€22,273 | -71.4% |
| Amounts payable within one year | 42/48 | €125,734 | €115,789 | -€9,945 | -7.9% |
| Current portion of amounts payable after more than one year | 42 | €36,309 | €25,800 | -€10,509 | -28.9% |
| Financial debts | 43 | - | €26,226 | +€26,226 | |
| Credit institutions | 430/8 | - | €26,226 | +€26,226 | |
| Trade debts | 44 | €49,749 | €57,392 | +€7,643 | +15.4% |
| Suppliers | 440/4 | €49,749 | €57,392 | +€7,643 | +15.4% |
| Taxes, remuneration and social security | 45 | €9,588 | €6,371 | -€3,216 | -33.5% |
| Taxes | 450/3 | €9,588 | €4,871 | -€4,716 | -49.2% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €30,089 | €0 | -€30,089 | -100% |
| Accrued charges and deferred income | 492/3 | €175 | €7,105 | +€6,930 | +3,960% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,016 | €35,793 | +€4,776 | +15.4% |
| Other operating charges | 640/8 | €2,062 | €20,746 | +€18,684 | +906% |
| Gross operating margin | 9900 | €78,472 | €85,112 | +€6,641 | +8.5% |
| Operating profit (loss) | 9901 | €45,393 | €28,574 | -€16,820 | -37.1% |
| Financial income | 75/76B | €2,371 | €4,712 | +€2,341 | +98.7% |
| Recurring financial income | 75 | €2,371 | €4,712 | +€2,341 | +98.7% |
| Financial charges | 65/66B | €5,840 | €8,099 | +€2,259 | +38.7% |
| Recurring financial charges | 65 | €5,840 | €8,099 | +€2,259 | +38.7% |
| Profit (loss) for the period before taxes | 9903 | €41,924 | €25,186 | -€16,738 | -39.9% |
| Income taxes | 67/77 | €11,835 | €9,286 | -€2,549 | -21.5% |
| Profit (loss) for the period | 9904 | €30,089 | €15,900 | -€14,189 | -47.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,089 | €15,900 | -€14,189 | -47.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.