BG IMMO & CONSULTING: 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 IMMO & CONSULTING
Largest movements
- Receivables within one year -€99,455
down €99,455 (-71.3%), from €139,503 to €40,048
of which Trade receivables: -€133,295
- Financial fixed assets +€49,900
new in 2025: €49,900
- Tangible fixed assets -€40,588
down €40,588 (-8.3%), from €486,979 to €446,390
of which Land and buildings: -€40,058
- Cash -€12,948
down €12,948 (-24.2%), from €53,508 to €40,561
mainly Trade debts (-€135,377) and Investment in fixed assets (net) (-€60,771)
- Trade debts -€135,377
down €135,377 (-98.8%), from €136,999 to €1,622
- Profit (loss) carried forward +€76,358
up €76,358 (+84.4%), from -€90,432 to -€14,073
- Other debts -€33,505
down €33,505 (-12.5%), from €268,856 to €235,350
- Debts after one year -€20,709
down €20,709 (-6.2%), from €335,075 to €314,366
- Gross operating margin +€148,977
up €148,977 (+2,908%), from €5,123 to €154,099
- Depreciation +€28,191
up €28,191 (+121%), from €23,269 to €51,460
- Financial charges +€9,920
up €9,920 (+147%), from €6,749 to €16,669
- Taxes +€5,921
new in 2025: €5,921
- Other operating charges +€1,604
up €1,604 (+76.9%), from €2,087 to €3,691
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 | €679,989 | €576,898 | -€103,091 | -15.2% |
| Fixed assets | 21/28 | €486,979 | €496,290 | +€9,312 | +1.9% |
| Tangible fixed assets | 22/27 | €486,979 | €446,390 | -€40,588 | -8.3% |
| Land and buildings | 22 | €483,668 | €443,610 | -€40,058 | -8.3% |
| Furniture and vehicles | 24 | €3,310 | €2,780 | -€530 | -16.0% |
| Financial fixed assets | 28 | - | €49,900 | +€49,900 | |
| Current assets | 29/58 | €193,011 | €80,608 | -€112,403 | -58.2% |
| Amounts receivable within one year | 40/41 | €139,503 | €40,048 | -€99,455 | -71.3% |
| Trade receivables | 40 | €137,170 | €3,874 | -€133,295 | -97.2% |
| Other amounts receivable | 41 | €2,333 | €36,173 | +€33,840 | +1,450% |
| Cash at bank and in hand | 54/58 | €53,508 | €40,561 | -€12,948 | -24.2% |
| Total equity and liabilities | 10/49 | €679,989 | €576,898 | -€103,091 | -15.2% |
| Equity | 10/15 | -€80,432 | -€4,073 | +€76,358 | +94.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,432 | -€14,073 | +€76,358 | +84.4% |
| Amounts payable | 17/49 | €760,421 | €580,972 | -€179,449 | -23.6% |
| Amounts payable after more than one year | 17 | €335,075 | €314,366 | -€20,709 | -6.2% |
| Financial debts | 170/4 | €335,075 | €314,366 | -€20,709 | -6.2% |
| Amounts payable within one year | 42/48 | €425,346 | €266,605 | -€158,741 | -37.3% |
| Current portion of amounts payable after more than one year | 42 | €19,491 | €23,711 | +€4,220 | +21.7% |
| Trade debts | 44 | €136,999 | €1,622 | -€135,377 | -98.8% |
| Suppliers | 440/4 | €136,999 | €1,622 | -€135,377 | -98.8% |
| Taxes, remuneration and social security | 45 | - | €5,921 | +€5,921 | |
| Taxes | 450/3 | - | €5,921 | +€5,921 | |
| Other amounts payable | 47/48 | €268,856 | €235,350 | -€33,505 | -12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,269 | €51,460 | +€28,191 | +121% |
| Other operating charges | 640/8 | €2,087 | €3,691 | +€1,604 | +76.9% |
| Non-recurring operating charges | 66A | €2,560 | - | -€2,560 | |
| Gross operating margin | 9900 | €5,123 | €154,099 | +€148,977 | +2,908% |
| Operating profit (loss) | 9901 | -€22,794 | €98,948 | +€121,742 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €6,749 | €16,669 | +€9,920 | +147% |
| Recurring financial charges | 65 | €6,749 | €16,669 | +€9,920 | +147% |
| Profit (loss) for the period before taxes | 9903 | -€29,542 | €82,280 | +€111,822 | |
| Income taxes | 67/77 | - | €5,921 | +€5,921 | |
| Profit (loss) for the period | 9904 | -€29,542 | €76,358 | +€105,901 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,542 | €76,358 | +€105,901 |
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 27 October 2026 via checked.be.