BG Accountancy: 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.
BG Accountancy
Largest movements
- Cash +€45,819
up €45,819 (+164%), from €27,886 to €73,705
mainly Net result for the year (+€44,034) and Depreciation (+€5,374)
- Receivables within one year -€4,468
down €4,468 (-10.5%), from €42,696 to €38,228
- Tangible fixed assets -€2,858
down €2,858 (-13.6%), from €20,972 to €18,114
of which Plant, machinery and equipment: -€4,337
- Deferred charges and accrued income +€1,779
new in 2025: €1,779
- Reserves +€44,034
up €44,034 (+129%), from €34,140 to €78,175
- Other debts -€7,000
down €7,000 (-13.4%), from €52,241 to €45,241
- Tax, wage and social debts +€3,883
up €3,883 (+140%), from €2,781 to €6,664
- Gross operating margin +€25,270
up €25,270 (+50.4%), from €50,095 to €75,364
- Staff costs +€13,112
new in 2025: €13,112
- Depreciation +€2,236
up €2,236 (+71.2%), from €3,139 to €5,374
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
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 | €91,553 | €131,825 | +€40,272 | +44.0% |
| Fixed assets | 21/28 | €20,972 | €18,114 | -€2,858 | -13.6% |
| Tangible fixed assets | 22/27 | €20,972 | €18,114 | -€2,858 | -13.6% |
| Plant, machinery and equipment | 23 | €20,972 | €16,635 | -€4,337 | -20.7% |
| Furniture and vehicles | 24 | - | €1,479 | +€1,479 | |
| Current assets | 29/58 | €70,581 | €113,711 | +€43,130 | +61.1% |
| Amounts receivable within one year | 40/41 | €42,696 | €38,228 | -€4,468 | -10.5% |
| Trade receivables | 40 | €42,696 | €38,228 | -€4,468 | -10.5% |
| Cash at bank and in hand | 54/58 | €27,886 | €73,705 | +€45,819 | +164% |
| Deferred charges and accrued income | 490/1 | - | €1,779 | +€1,779 | |
| Total equity and liabilities | 10/49 | €91,553 | €131,825 | +€40,272 | +44.0% |
| Equity | 10/15 | €35,640 | €79,675 | +€44,034 | +124% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €34,140 | €78,175 | +€44,034 | +129% |
| Distributable reserves | 133 | €34,140 | €78,175 | +€44,034 | +129% |
| Amounts payable | 17/49 | €55,913 | €52,150 | -€3,762 | -6.7% |
| Amounts payable within one year | 42/48 | €55,913 | €52,150 | -€3,762 | -6.7% |
| Trade debts | 44 | €891 | €245 | -€646 | -72.5% |
| Suppliers | 440/4 | €891 | €245 | -€646 | -72.5% |
| Taxes, remuneration and social security | 45 | €2,781 | €6,664 | +€3,883 | +140% |
| Taxes | 450/3 | €2,781 | €6,664 | +€3,883 | +140% |
| Other amounts payable | 47/48 | €52,241 | €45,241 | -€7,000 | -13.4% |
| Remuneration, social security and pensions | 62 | - | €13,112 | +€13,112 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,139 | €5,374 | +€2,236 | +71.2% |
| Other operating charges | 640/8 | €1,324 | €921 | -€402 | -30.4% |
| Gross operating margin | 9900 | €50,095 | €75,364 | +€25,270 | +50.4% |
| Operating profit (loss) | 9901 | €45,632 | €55,957 | +€10,324 | +22.6% |
| Financial income | 75/76B | €0 | €9 | +€9 | +92,200% |
| Recurring financial income | 75 | €0 | €9 | +€9 | +92,200% |
| Financial charges | 65/66B | €82 | €63 | -€19 | -23.0% |
| Recurring financial charges | 65 | €82 | €63 | -€19 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | €45,550 | €55,903 | +€10,352 | +22.7% |
| Income taxes | 67/77 | €11,601 | €11,869 | +€267 | +2.3% |
| Profit (loss) for the period | 9904 | €33,949 | €44,034 | +€10,085 | +29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €33,949 | €44,034 | +€10,085 | +29.7% |
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 22 October 2026 via checked.be.