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B-Gest: what changed

Two fiscal 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.

What changed

B-Gest

BE 0427.002.116
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€694
2024 · -€760+€66
Equity
€86,580
2024 · €87,274-€694
Cash
€87,688
2024 · €88,456-€768
Balance sheet total
€87,688
2024 · €88,456-€768

Largest movements

2024 to 2025
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities

    No liability line moved by more than 1% of the balance sheet total.

      Income statement
      • Gross operating margin +€72

        up €72 (+10.2%), from -€706 to -€633

      From the 2024 result to the 2025 result

      effect on the 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.

      Result 2024 -€760
      Gross operating margin +€72
      Financial charges -€7
      Result 2025 -€694

      Cash bridge derived

      cash 2024 to 2025

      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.

      From operations -€768
      Investment €0
      Financing €0
      Cash 2024 €88,456
      Net result for the year -€694
      Trade debts -€74
      Cash 2025 €87,688
      Every line side by side 23 lines
      Line Code 2024 2025 Change %
      Total assets 20/58 €88,456 €87,688 -€768 -0.9%
      Current assets 29/58 €88,456 €87,688 -€768 -0.9%
      Cash at bank and in hand 54/58 €88,456 €87,688 -€768 -0.9%
      Total equity and liabilities 10/49 €88,456 €87,688 -€768 -0.9%
      Equity 10/15 €87,274 €86,580 -€694 -0.8%
      Contributions 10/11 €38,000 €38,000 = 0.0%
      Reserves 13 €5,331 €5,331 = 0.0%
      Non-distributable reserves 130/1 €4,986 €4,986 = 0.0%
      Reserves not available under the articles 1311 €4,986 €4,986 = 0.0%
      Distributable reserves 133 €346 €346 = 0.0%
      Profit (loss) carried forward 14 €43,942 €43,248 -€694 -1.6%
      Amounts payable 17/49 €1,182 €1,108 -€74 -6.3%
      Amounts payable within one year 42/48 €1,182 €1,108 -€74 -6.3%
      Trade debts 44 €551 €477 -€74 -13.4%
      Suppliers 440/4 €551 €477 -€74 -13.4%
      Other amounts payable 47/48 €631 €631 = 0.0%
      Gross operating margin 9900 -€706 -€633 +€72 +10.2%
      Operating profit (loss) 9901 -€706 -€633 +€72 +10.2%
      Financial charges 65/66B €54 €61 +€7 +12.0%
      Recurring financial charges 65 €54 €61 +€7 +12.0%
      Profit (loss) for the period before taxes 9903 -€760 -€694 +€66 +8.6%
      Profit (loss) for the period 9904 -€760 -€694 +€66 +8.6%
      Profit (loss) for the period to be appropriated 9905 -€760 -€694 +€66 +8.6%

      Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.