BG Avocats: what changed
What changed
BG Avocats
NACE 69.101, Activities of lawyers
filed annual accounts (NBB)
Net result for the year
€36,802
2024 · -€18,647+€55,448
Equity
€87,565
2024 · €44,564+€43,002
Cash
€5,840
2024 · €66,684-€60,845
Balance sheet total
€436,674
2024 · €578,305-€141,631
Largest movements
Assets
- Receivables within one year -€160,828
down €160,828 (-75.9%), from €211,974 to €51,146
of which Trade receivables: -€129,177
- Intangible fixed assets +€93,432
up €93,432 (+36.4%), from €256,854 to €350,286
- Cash -€60,845
down €60,845 (-91.2%), from €66,684 to €5,840
mainly Investment in fixed assets (net) (-€138,823) and Advances received (-€114,304)
- Tangible fixed assets -€14,058
down €14,058 (-46.3%), from €30,358 to €16,301
Equity and liabilities
- Advances received -€114,304
down €114,304 (-85.3%), from €133,960 to €19,656
- Tax, wage and social debts -€85,547
down €85,547 (-79.5%), from €107,627 to €22,080
of which Taxes: -€45,016
- Debts after one year +€80,612
up €80,612 (+107%), from €75,017 to €155,629
of which Other amounts payable: +€93,344
- Trade debts -€53,211
down €53,211 (-32.8%), from €162,317 to €109,106
- Profit (loss) carried forward +€36,802
up €36,802 (+121%), from €30,304 to €67,105
Income statement
- Turnover +€361,941
new in 2025: €361,941
- Purchases and services +€246,708
new in 2025: €246,708
- Gross operating margin +€76,884
up €76,884 (+45.4%), from €169,455 to €246,339
- Taxes +€10,672
new in 2025: €10,672
- Staff costs +€10,123
up €10,123 (+12.2%), from €83,252 to €93,375
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€18,647
Gross operating margin
+€76,884
Staff costs
-€10,123
Depreciation
+€9,743
Other operating charges
+€30
Other operating items
-€10,135
Financial income
+€181
Financial charges
-€459
Taxes
-€10,672
Result 2025
€36,802
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€7,226
Investment
-€138,823
Financing
+€85,205
Cash 2024
€66,684
From operations (derived)
-€7,226
Net result for the year
+€36,802
Depreciation
+€59,448
Receivables within one year
+€160,828
Deferred charges and accrued income
-€667
Trade debts
-€53,211
Tax, wage and social debts
-€85,547
Advances received
-€114,304
Other debts
-€3,969
Accrued charges and deferred income
-€6,607
Investment (derived)
-€138,823
Investment in fixed assets (net)
-€138,823
Financing
+€85,205
Debts after one year
+€80,612
Current portion of long-term debt
-€1,607
Contributions, distributions and other
+€6,200
Cash 2025
€5,840
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €578,305 | €436,674 | -€141,631 | -24.5% |
| Fixed assets | 21/28 | €289,958 | €369,333 | +€79,375 | +27.4% |
| Intangible fixed assets | 21 | €256,854 | €350,286 | +€93,432 | +36.4% |
| Tangible fixed assets | 22/27 | €30,358 | €16,301 | -€14,058 | -46.3% |
| Furniture and vehicles | 24 | €30,358 | €16,301 | -€14,058 | -46.3% |
| Financial fixed assets | 28 | €2,746 | €2,746 | +€0 | 0.0% |
| Current assets | 29/58 | €288,347 | €67,341 | -€221,006 | -76.6% |
| Amounts receivable within one year | 40/41 | €211,974 | €51,146 | -€160,828 | -75.9% |
| Trade receivables | 40 | €169,937 | €40,760 | -€129,177 | -76.0% |
| Other amounts receivable | 41 | €42,037 | €10,386 | -€31,652 | -75.3% |
| Cash at bank and in hand | 54/58 | €66,684 | €5,840 | -€60,845 | -91.2% |
| Deferred charges and accrued income | 490/1 | €9,689 | €10,356 | +€667 | +6.9% |
| Total equity and liabilities | 10/49 | €578,305 | €436,674 | -€141,631 | -24.5% |
| Equity | 10/15 | €44,564 | €87,565 | +€43,002 | +96.5% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €30,304 | €67,105 | +€36,802 | +121% |
| Amounts payable | 17/49 | €533,742 | €349,109 | -€184,633 | -34.6% |
| Amounts payable after more than one year | 17 | €75,017 | €155,629 | +€80,612 | +107% |
| Financial debts | 170/4 | €75,017 | €62,284 | -€12,733 | -17.0% |
| Other amounts payable | 178/9 | - | €93,344 | +€93,344 | |
| Amounts payable within one year | 42/48 | €452,118 | €193,481 | -€258,637 | -57.2% |
| Current portion of amounts payable after more than one year | 42 | €15,656 | €14,048 | -€1,607 | -10.3% |
| Trade debts | 44 | €162,317 | €109,106 | -€53,211 | -32.8% |
| Suppliers | 440/4 | €162,317 | €109,106 | -€53,211 | -32.8% |
| Advances received on contracts in progress | 46 | €133,960 | €19,656 | -€114,304 | -85.3% |
| Taxes, remuneration and social security | 45 | €107,627 | €22,080 | -€85,547 | -79.5% |
| Taxes | 450/3 | €47,289 | €2,273 | -€45,016 | -95.2% |
| Remuneration and social security | 454/9 | €60,337 | €19,806 | -€40,531 | -67.2% |
| Other amounts payable | 47/48 | €32,558 | €28,589 | -€3,969 | -12.2% |
| Accrued charges and deferred income | 492/3 | €6,607 | - | -€6,607 | |
| Turnover | 70 | - | €361,941 | +€361,941 | |
| Non-recurring operating income | 76A | €25 | €131,106 | +€131,082 | +530,051% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €246,708 | +€246,708 | |
| Remuneration, social security and pensions | 62 | €83,252 | €93,375 | +€10,123 | +12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,190 | €59,448 | -€9,743 | -14.1% |
| Other operating charges | 640/8 | €2,482 | €2,453 | -€30 | -1.2% |
| Non-recurring operating charges | 66A | €30,321 | €40,456 | +€10,135 | +33.4% |
| Gross operating margin | 9900 | €169,455 | €246,339 | +€76,884 | +45.4% |
| Operating profit (loss) | 9901 | -€15,791 | €50,608 | +€66,398 | |
| Financial income | 75/76B | - | €181 | +€181 | |
| Recurring financial income | 75 | - | €181 | +€181 | |
| Financial charges | 65/66B | €2,856 | €3,315 | +€459 | +16.1% |
| Recurring financial charges | 65 | €2,856 | €3,315 | +€459 | +16.1% |
| Profit (loss) for the period before taxes | 9903 | -€18,647 | €47,473 | +€66,120 | |
| Income taxes | 67/77 | - | €10,672 | +€10,672 | |
| Profit (loss) for the period | 9904 | -€18,647 | €36,802 | +€55,448 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,647 | €36,802 | +€55,448 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.