BBGH: 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.
BBGH
Largest movements
- Tangible fixed assets -€55,568
down €55,568 (-8.2%), from €677,897 to €622,329
of which Land and buildings: -€52,716
- Cash +€21,063
up €21,063 (+61.0%), from €34,540 to €55,602
mainly Depreciation (+€55,568) and Other debts (+€10,384)
- Debts after one year -€31,778
down €31,778 (-9.5%), from €335,194 to €303,417
- Profit (loss) carried forward -€14,829
down €14,829 (-6.4%), from -€232,973 to -€247,802
- Other debts +€10,384
up €10,384 (+3.7%), from €278,961 to €289,344
- Gross operating margin -€3,402
down €3,402 (-5.0%), from €67,455 to €64,053
- Financial charges +€1,480
up €1,480 (+8.1%), from €18,237 to €19,716
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
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 | €712,626 | €678,121 | -€34,506 | -4.8% |
| Fixed assets | 21/28 | €677,897 | €622,329 | -€55,568 | -8.2% |
| Tangible fixed assets | 22/27 | €677,897 | €622,329 | -€55,568 | -8.2% |
| Land and buildings | 22 | €661,816 | €609,100 | -€52,716 | -8.0% |
| Plant, machinery and equipment | 23 | €16,081 | €13,228 | -€2,852 | -17.7% |
| Current assets | 29/58 | €34,730 | €55,792 | +€21,063 | +60.6% |
| Cash at bank and in hand | 54/58 | €34,540 | €55,602 | +€21,063 | +61.0% |
| Deferred charges and accrued income | 490/1 | €190 | €190 | = | 0.0% |
| Total equity and liabilities | 10/49 | €712,626 | €678,121 | -€34,506 | -4.8% |
| Equity | 10/15 | €67,027 | €52,198 | -€14,829 | -22.1% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€232,973 | -€247,802 | -€14,829 | -6.4% |
| Amounts payable | 17/49 | €645,600 | €625,923 | -€19,677 | -3.0% |
| Amounts payable after more than one year | 17 | €335,194 | €303,417 | -€31,778 | -9.5% |
| Financial debts | 170/4 | €335,194 | €303,417 | -€31,778 | -9.5% |
| Amounts payable within one year | 42/48 | €310,405 | €322,506 | +€12,101 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €31,172 | €32,511 | +€1,339 | +4.3% |
| Trade debts | 44 | €273 | €651 | +€378 | +138.7% |
| Suppliers | 440/4 | €273 | €651 | +€378 | +138.7% |
| Other amounts payable | 47/48 | €278,961 | €289,344 | +€10,384 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,069 | €55,568 | -€500 | -0.9% |
| Other operating charges | 640/8 | €4,068 | €3,597 | -€470 | -11.6% |
| Gross operating margin | 9900 | €67,455 | €64,053 | -€3,402 | -5.0% |
| Operating profit (loss) | 9901 | €7,318 | €4,887 | -€2,431 | -33.2% |
| Financial charges | 65/66B | €18,237 | €19,716 | +€1,480 | +8.1% |
| Recurring financial charges | 65 | €18,237 | €19,716 | +€1,480 | +8.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,918 | -€14,829 | -€3,911 | -35.8% |
| Profit (loss) for the period | 9904 | -€10,918 | -€14,829 | -€3,911 | -35.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,918 | -€14,829 | -€3,911 | -35.8% |
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 6 October 2026 via checked.be.