BG Creations: 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 Creations
Largest movements
- Tangible fixed assets -€16,243
down €16,243 (-18.0%), from €90,199 to €73,956
of which Furniture and vehicles: -€16,774
- Debts after one year -€8,865
down €8,865 (-20.4%), from €43,511 to €34,646
- Reserves -€6,156
down €6,156 (-38.5%), from €16,002 to €9,847
- Tax, wage and social debts -€2,486
down €2,486 (-31.1%), from €8,001 to €5,515
of which Taxes: -€7,806
- Depreciation +€9,561
up €9,561 (+73.4%), from €13,032 to €22,593
- Taxes -€3,351
down €3,351, from €1,303 to -€2,048
- Gross operating margin -€2,101
down €2,101 (-10.2%), from €20,565 to €18,464
- Financial charges +€1,292
up €1,292 (+69.6%), from €1,858 to €3,150
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 | €101,289 | €84,679 | -€16,610 | -16.4% |
| Fixed assets | 21/28 | €90,199 | €73,956 | -€16,243 | -18.0% |
| Tangible fixed assets | 22/27 | €90,199 | €73,956 | -€16,243 | -18.0% |
| Land and buildings | 22 | €28,535 | €31,133 | +€2,598 | +9.1% |
| Plant, machinery and equipment | 23 | €7,716 | €5,649 | -€2,067 | -26.8% |
| Furniture and vehicles | 24 | €53,947 | €37,173 | -€16,774 | -31.1% |
| Current assets | 29/58 | €11,091 | €10,724 | -€367 | -3.3% |
| Amounts receivable within one year | 40/41 | €8,070 | €8,469 | +€400 | +5.0% |
| Trade receivables | 40 | €5,723 | €8,098 | +€2,375 | +41.5% |
| Other amounts receivable | 41 | €2,347 | €372 | -€1,975 | -84.2% |
| Cash at bank and in hand | 54/58 | €3,021 | €2,254 | -€767 | -25.4% |
| Total equity and liabilities | 10/49 | €101,289 | €84,679 | -€16,610 | -16.4% |
| Equity | 10/15 | €28,402 | €22,247 | -€6,156 | -21.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €16,002 | €9,847 | -€6,156 | -38.5% |
| Distributable reserves | 133 | €16,002 | €9,847 | -€6,156 | -38.5% |
| Amounts payable | 17/49 | €72,887 | €62,433 | -€10,454 | -14.3% |
| Amounts payable after more than one year | 17 | €43,511 | €34,646 | -€8,865 | -20.4% |
| Financial debts | 170/4 | €43,511 | €34,646 | -€8,865 | -20.4% |
| Amounts payable within one year | 42/48 | €29,376 | €27,787 | -€1,589 | -5.4% |
| Current portion of amounts payable after more than one year | 42 | €8,445 | €8,865 | +€420 | +5.0% |
| Trade debts | 44 | €1,795 | €2,124 | +€330 | +18.4% |
| Suppliers | 440/4 | €1,795 | €2,124 | +€330 | +18.4% |
| Taxes, remuneration and social security | 45 | €8,001 | €5,515 | -€2,486 | -31.1% |
| Taxes | 450/3 | €8,001 | €195 | -€7,806 | -97.6% |
| Remuneration and social security | 454/9 | - | €5,320 | +€5,320 | |
| Other amounts payable | 47/48 | €11,136 | €11,283 | +€147 | +1.3% |
| Non-recurring operating income | 76A | €6,500 | - | -€6,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,032 | €22,593 | +€9,561 | +73.4% |
| Other operating charges | 640/8 | €877 | €924 | +€48 | +5.4% |
| Gross operating margin | 9900 | €20,565 | €18,464 | -€2,101 | -10.2% |
| Operating profit (loss) | 9901 | €6,656 | -€5,053 | -€11,710 | |
| Financial income | 75/76B | €19 | - | -€19 | |
| Recurring financial income | 75 | €19 | - | -€19 | |
| Financial charges | 65/66B | €1,858 | €3,150 | +€1,292 | +69.6% |
| Recurring financial charges | 65 | €1,858 | €3,150 | +€1,292 | +69.6% |
| Profit (loss) for the period before taxes | 9903 | €4,817 | -€8,204 | -€13,021 | |
| Income taxes | 67/77 | €1,303 | -€2,048 | -€3,351 | |
| Profit (loss) for the period | 9904 | €3,514 | -€6,156 | -€9,670 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,514 | -€6,156 | -€9,670 |
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 28 October 2026 via checked.be.