BBGA: 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.
BBGA
Largest movements
- Tangible fixed assets -€28,865
down €28,865 (-12.1%), from €238,478 to €209,613
of which Land and buildings: -€18,549
- Receivables within one year +€21,910
new in 2024: €21,910
of which Trade receivables: +€20,851
- Cash -€9,377
down €9,377 (-37.4%), from €25,103 to €15,726
mainly Trade debts (-€47,239) and Receivables within one year (-€21,910)
- Other debts +€48,812
up €48,812 (+24.1%), from €202,415 to €251,227
- Trade debts -€47,239
down €47,239 (-82.1%), from €57,538 to €10,299
of which Suppliers: -€25,946
- Profit (loss) carried forward -€14,812
down €14,812 (-10.1%), from -€146,987 to -€161,799
- Tax, wage and social debts -€2,994
down €2,994 (-73.1%), from €4,095 to €1,101
of which Remuneration and social security: -€3,386
- Gross operating margin +€47,332
up €47,332, from -€24,284 to €23,048
- Financial charges -€7,325
down €7,325 (-92.4%), from €7,930 to €605
- Staff costs -€3,780
no longer reported in 2024 (was €3,780)
- Other operating charges -€288
down €288 (-3.5%), from €8,269 to €7,981
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 | €267,584 | €251,351 | -€16,233 | -6.1% |
| Fixed assets | 21/28 | €241,742 | €212,877 | -€28,865 | -11.9% |
| Tangible fixed assets | 22/27 | €238,478 | €209,613 | -€28,865 | -12.1% |
| Land and buildings | 22 | €195,973 | €177,424 | -€18,549 | -9.5% |
| Plant, machinery and equipment | 23 | €2,303 | €2,036 | -€267 | -11.6% |
| Furniture and vehicles | 24 | €40,202 | €30,153 | -€10,049 | -25.0% |
| Financial fixed assets | 28 | €3,264 | €3,264 | = | 0.0% |
| Current assets | 29/58 | €25,842 | €38,474 | +€12,632 | +48.9% |
| Amounts receivable within one year | 40/41 | - | €21,910 | +€21,910 | |
| Trade receivables | 40 | - | €20,851 | +€20,851 | |
| Other amounts receivable | 41 | - | €1,059 | +€1,059 | |
| Cash at bank and in hand | 54/58 | €25,103 | €15,726 | -€9,377 | -37.4% |
| Deferred charges and accrued income | 490/1 | €739 | €838 | +€99 | +13.4% |
| Total equity and liabilities | 10/49 | €267,584 | €251,351 | -€16,233 | -6.1% |
| Equity | 10/15 | -€83,464 | -€98,276 | -€14,812 | -17.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €44,923 | €44,923 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,663 | €7,663 | = | 0.0% |
| Distributable reserves | 133 | €35,400 | €35,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€146,987 | -€161,799 | -€14,812 | -10.1% |
| Amounts payable | 17/49 | €351,048 | €349,627 | -€1,421 | -0.4% |
| Amounts payable after more than one year | 17 | €87,000 | €87,000 | = | 0.0% |
| Financial debts | 170/4 | €87,000 | €87,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €264,048 | €262,627 | -€1,421 | -0.5% |
| Trade debts | 44 | €57,538 | €10,299 | -€47,239 | -82.1% |
| Suppliers | 440/4 | €36,245 | €10,299 | -€25,946 | -71.6% |
| Bills of exchange payable | 441 | €21,293 | - | -€21,293 | |
| Taxes, remuneration and social security | 45 | €4,095 | €1,101 | -€2,994 | -73.1% |
| Taxes | 450/3 | €709 | €1,101 | +€392 | +55.3% |
| Remuneration and social security | 454/9 | €3,386 | - | -€3,386 | |
| Other amounts payable | 47/48 | €202,415 | €251,227 | +€48,812 | +24.1% |
| Remuneration, social security and pensions | 62 | €3,780 | - | -€3,780 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,992 | €28,865 | -€127 | -0.4% |
| Other operating charges | 640/8 | €8,269 | €7,981 | -€288 | -3.5% |
| Gross operating margin | 9900 | -€24,284 | €23,048 | +€47,332 | |
| Operating profit (loss) | 9901 | -€65,325 | -€13,798 | +€51,527 | +78.9% |
| Financial income | 75/76B | €4 | €11 | +€7 | +175.0% |
| Recurring financial income | 75 | €4 | €11 | +€7 | +175.0% |
| Financial charges | 65/66B | €7,930 | €605 | -€7,325 | -92.4% |
| Recurring financial charges | 65 | €7,930 | €605 | -€7,325 | -92.4% |
| Profit (loss) for the period before taxes | 9903 | -€73,251 | -€14,392 | +€58,859 | +80.4% |
| Income taxes | 67/77 | €583 | €420 | -€163 | -28.0% |
| Profit (loss) for the period | 9904 | -€73,834 | -€14,812 | +€59,022 | +79.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€73,834 | -€14,812 | +€59,022 | +79.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.