BAGOFIL: 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.
BAGOFIL
Largest movements
- Receivables within one year -€28,794
down €28,794 (-24.4%), from €117,873 to €89,080
of which Other amounts receivable: -€33,634
- Tax, wage and social debts -€29,851
down €29,851 (-80.1%), from €37,245 to €7,394
- Reserves +€1,422
up €1,422 (+2.5%), from €56,413 to €57,835
of which Distributable reserves: +€1,422
- Gross operating margin -€20,500
down €20,500 (-82.2%), from €24,936 to €4,436
- Taxes -€5,547
down €5,547 (-93.4%), from €5,942 to €395
- Other operating charges -€1,727
down €1,727 (-40.0%), from €4,314 to €2,587
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €117,873 | €89,080 | -€28,794 | -24.4% |
| Current assets | 29/58 | €117,873 | €89,080 | -€28,794 | -24.4% |
| Amounts receivable within one year | 40/41 | €117,873 | €89,080 | -€28,794 | -24.4% |
| Trade receivables | 40 | €75,000 | €79,840 | +€4,840 | +6.5% |
| Other amounts receivable | 41 | €42,873 | €9,240 | -€33,634 | -78.4% |
| Total equity and liabilities | 10/49 | €117,873 | €89,080 | -€28,794 | -24.4% |
| Equity | 10/15 | €78,723 | €80,146 | +€1,422 | +1.8% |
| Contributions | 10/11 | €22,310 | €22,310 | = | 0.0% |
| Reserves | 13 | €56,413 | €57,835 | +€1,422 | +2.5% |
| Non-distributable reserves | 130/1 | €1,487 | €1,487 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,487 | €1,487 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €44,926 | €46,348 | +€1,422 | +3.2% |
| Amounts payable | 17/49 | €39,150 | €8,934 | -€30,216 | -77.2% |
| Amounts payable within one year | 42/48 | €37,997 | €7,394 | -€30,603 | -80.5% |
| Trade debts | 44 | €695 | - | -€695 | |
| Suppliers | 440/4 | €695 | - | -€695 | |
| Taxes, remuneration and social security | 45 | €37,245 | €7,394 | -€29,851 | -80.1% |
| Taxes | 450/3 | €37,245 | €7,394 | -€29,851 | -80.1% |
| Other amounts payable | 47/48 | €57 | - | -€57 | |
| Accrued charges and deferred income | 492/3 | €1,152 | €1,540 | +€387 | +33.6% |
| Other operating charges | 640/8 | €4,314 | €2,587 | -€1,727 | -40.0% |
| Gross operating margin | 9900 | €24,936 | €4,436 | -€20,500 | -82.2% |
| Operating profit (loss) | 9901 | €20,622 | €1,849 | -€18,773 | -91.0% |
| Financial charges | 65/66B | - | €31 | +€31 | |
| Recurring financial charges | 65 | - | €31 | +€31 | |
| Profit (loss) for the period before taxes | 9903 | €20,622 | €1,817 | -€18,805 | -91.2% |
| Income taxes | 67/77 | €5,942 | €395 | -€5,547 | -93.4% |
| Profit (loss) for the period | 9904 | €14,680 | €1,422 | -€13,258 | -90.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,680 | €1,422 | -€13,258 | -90.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.