BG-Desk: 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-Desk
Largest movements
- Current investments +€38,091
up €38,091 (+15.8%), from €240,861 to €278,952
- Cash -€3,863
down €3,863 (-5.2%), from €74,012 to €70,149
mainly Contributions, distributions and other (-€53,000) and Current investments (-€38,091)
- Other debts +€35,000
up €35,000 (+194%), from €18,000 to €53,000
- Reserves +€3,770
up €3,770 (+1.3%), from €284,343 to €288,113
- Gross operating margin -€10,609
down €10,609 (-12.6%), from €84,135 to €73,526
- Taxes -€2,764
down €2,764 (-11.3%), from €24,493 to €21,729
- Financial income -€1,312
down €1,312 (-14.9%), from €8,821 to €7,509
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €325,507 | €361,881 | +€36,374 | +11.2% |
| Fixed assets | 21/28 | €6,747 | €9,302 | +€2,555 | +37.9% |
| Tangible fixed assets | 22/27 | €6,747 | €9,302 | +€2,555 | +37.9% |
| Plant, machinery and equipment | 23 | - | €2,339 | +€2,339 | |
| Furniture and vehicles | 24 | €6,747 | €6,963 | +€216 | +3.2% |
| Current assets | 29/58 | €318,760 | €352,579 | +€33,819 | +10.6% |
| Amounts receivable after more than one year | 29 | €2,934 | €1,904 | -€1,030 | -35.1% |
| Other amounts receivable | 291 | €2,934 | €1,904 | -€1,030 | -35.1% |
| Amounts receivable within one year | 40/41 | €953 | €1,574 | +€621 | +65.2% |
| Other amounts receivable | 41 | €953 | €1,574 | +€621 | +65.2% |
| Current investments | 50/53 | €240,861 | €278,952 | +€38,091 | +15.8% |
| Cash at bank and in hand | 54/58 | €74,012 | €70,149 | -€3,863 | -5.2% |
| Total equity and liabilities | 10/49 | €325,507 | €361,881 | +€36,374 | +11.2% |
| Equity | 10/15 | €296,743 | €300,513 | +€3,770 | +1.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €284,343 | €288,113 | +€3,770 | +1.3% |
| Distributable reserves | 133 | €284,343 | €288,113 | +€3,770 | +1.3% |
| Amounts payable | 17/49 | €28,764 | €61,368 | +€32,604 | +113% |
| Amounts payable within one year | 42/48 | €28,764 | €61,368 | +€32,604 | +113% |
| Trade debts | 44 | €80 | - | -€80 | |
| Suppliers | 440/4 | €80 | - | -€80 | |
| Taxes, remuneration and social security | 45 | €10,684 | €8,368 | -€2,316 | -21.7% |
| Taxes | 450/3 | €10,684 | €8,368 | -€2,316 | -21.7% |
| Other amounts payable | 47/48 | €18,000 | €53,000 | +€35,000 | +194% |
| Non-recurring operating income | 76A | - | €3,600 | +€3,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,082 | €1,381 | +€299 | +27.6% |
| Other operating charges | 640/8 | €1,194 | €906 | -€288 | -24.1% |
| Gross operating margin | 9900 | €84,135 | €73,526 | -€10,609 | -12.6% |
| Operating profit (loss) | 9901 | €81,859 | €71,239 | -€10,620 | -13.0% |
| Financial income | 75/76B | €8,821 | €7,509 | -€1,312 | -14.9% |
| Recurring financial income | 75 | €8,821 | €7,509 | -€1,312 | -14.9% |
| Financial charges | 65/66B | €312 | €249 | -€63 | -20.2% |
| Recurring financial charges | 65 | €312 | €249 | -€63 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €90,368 | €78,499 | -€11,869 | -13.1% |
| Income taxes | 67/77 | €24,493 | €21,729 | -€2,764 | -11.3% |
| Profit (loss) for the period | 9904 | €65,875 | €56,770 | -€9,105 | -13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €65,875 | €56,770 | -€9,105 | -13.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.