BAGOLY CONSTRUCT: 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.
BAGOLY CONSTRUCT
Largest movements
- Tangible fixed assets +€8,454
new in 2025: €8,454
of which Furniture and vehicles: +€5,444
- Receivables within one year -€859
down €859 (-4.1%), from €21,099 to €20,241
of which Trade receivables: -€4,110
- Profit (loss) carried forward +€5,795
new in 2025: €5,795
- Tax, wage and social debts +€1,686
up €1,686 (+54.3%), from €3,103 to €4,789
- Trade debts +€560
up €560 (+33.1%), from €1,692 to €2,251
- Short-term financial debts -€427
down €427 (-4.5%), from €9,570 to €9,143
- Gross operating margin +€6,941
up €6,941 (+69.1%), from €10,043 to €16,984
- Financial charges +€3,888
up €3,888 (+466%), from €834 to €4,722
- Other operating charges +€1,502
up €1,502 (+228%), from €658 to €2,160
- Depreciation +€972
up €972 (+62.0%), from €1,567 to €2,539
- Taxes -€217
down €217 (-10.9%), from €1,986 to €1,768
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
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 | €21,362 | €28,976 | +€7,614 | +35.6% |
| Formation expenses | 20 | €263 | €0 | -€263 | -100% |
| Fixed assets | 21/28 | - | €8,544 | +€8,544 | |
| Intangible fixed assets | 21 | - | €90 | +€90 | |
| Tangible fixed assets | 22/27 | - | €8,454 | +€8,454 | |
| Plant, machinery and equipment | 23 | - | €3,010 | +€3,010 | |
| Furniture and vehicles | 24 | - | €5,444 | +€5,444 | |
| Current assets | 29/58 | €21,099 | €20,432 | -€668 | -3.2% |
| Amounts receivable within one year | 40/41 | €21,099 | €20,241 | -€859 | -4.1% |
| Trade receivables | 40 | €4,264 | €154 | -€4,110 | -96.4% |
| Other amounts receivable | 41 | €16,835 | €20,086 | +€3,251 | +19.3% |
| Deferred charges and accrued income | 490/1 | - | €191 | +€191 | |
| Total equity and liabilities | 10/49 | €21,362 | €28,976 | +€7,614 | +35.6% |
| Equity | 10/15 | €6,998 | €12,792 | +€5,795 | +82.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €4,998 | €4,998 | = | 0.0% |
| Distributable reserves | 133 | €4,998 | €4,998 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €5,795 | +€5,795 | |
| Amounts payable | 17/49 | €14,364 | €16,184 | +€1,819 | +12.7% |
| Amounts payable within one year | 42/48 | €14,364 | €16,184 | +€1,819 | +12.7% |
| Financial debts | 43 | €9,570 | €9,143 | -€427 | -4.5% |
| Credit institutions | 430/8 | €9,570 | €9,143 | -€427 | -4.5% |
| Trade debts | 44 | €1,692 | €2,251 | +€560 | +33.1% |
| Suppliers | 440/4 | €1,692 | €2,251 | +€560 | +33.1% |
| Taxes, remuneration and social security | 45 | €3,103 | €4,789 | +€1,686 | +54.3% |
| Taxes | 450/3 | €3,103 | €4,789 | +€1,686 | +54.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,567 | €2,539 | +€972 | +62.0% |
| Other operating charges | 640/8 | €658 | €2,160 | +€1,502 | +228% |
| Gross operating margin | 9900 | €10,043 | €16,984 | +€6,941 | +69.1% |
| Operating profit (loss) | 9901 | €7,818 | €12,285 | +€4,468 | +57.1% |
| Financial charges | 65/66B | €834 | €4,722 | +€3,888 | +466% |
| Recurring financial charges | 65 | €834 | €4,722 | +€3,888 | +466% |
| Profit (loss) for the period before taxes | 9903 | €6,983 | €7,563 | +€580 | +8.3% |
| Income taxes | 67/77 | €1,986 | €1,768 | -€217 | -10.9% |
| Profit (loss) for the period | 9904 | €4,998 | €5,795 | +€797 | +15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,998 | €5,795 | +€797 | +15.9% |
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 13 October 2026 via checked.be.