BG MANAGEMENT & CONSULT: 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 MANAGEMENT & CONSULT
Largest movements
- Receivables within one year +€17,700
up €17,700 (+40.9%), from €43,231 to €60,931
of which Trade receivables: +€18,160
- Trade debts +€23,625
up €23,625 (+685%), from €3,451 to €27,076
- Debts after one year -€9,282
down €9,282 (-12.4%), from €74,862 to €65,580
- Profit (loss) carried forward +€2,646
up €2,646 (+8.2%), from €32,388 to €35,034
- Gross operating margin -€918
down €918 (-13.9%), from €6,602 to €5,684
- Taxes +€412
up €412 (+25.7%), from €1,602 to €2,014
- Financial charges +€121
up €121 (+67.2%), from €180 to €301
- Other operating charges +€85
up €85 (+22.0%), from €387 to €473
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 | €134,431 | €151,053 | +€16,622 | +12.4% |
| Fixed assets | 21/28 | €86,249 | €85,999 | -€250 | -0.3% |
| Tangible fixed assets | 22/27 | €749 | €499 | -€250 | -33.3% |
| Furniture and vehicles | 24 | €749 | €499 | -€250 | -33.3% |
| Financial fixed assets | 28 | €85,500 | €85,500 | = | 0.0% |
| Current assets | 29/58 | €48,182 | €65,054 | +€16,872 | +35.0% |
| Amounts receivable within one year | 40/41 | €43,231 | €60,931 | +€17,700 | +40.9% |
| Trade receivables | 40 | €9,653 | €27,813 | +€18,160 | +188% |
| Other amounts receivable | 41 | €33,578 | €33,118 | -€461 | -1.4% |
| Cash at bank and in hand | 54/58 | €4,951 | €4,123 | -€828 | -16.7% |
| Total equity and liabilities | 10/49 | €134,431 | €151,053 | +€16,622 | +12.4% |
| Equity | 10/15 | €52,848 | €55,494 | +€2,646 | +5.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| 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 | €32,388 | €35,034 | +€2,646 | +8.2% |
| Amounts payable | 17/49 | €81,583 | €95,559 | +€13,976 | +17.1% |
| Amounts payable after more than one year | 17 | €74,862 | €65,580 | -€9,282 | -12.4% |
| Other amounts payable | 178/9 | €74,862 | €65,580 | -€9,282 | -12.4% |
| Amounts payable within one year | 42/48 | €6,721 | €29,979 | +€23,258 | +346% |
| Trade debts | 44 | €3,451 | €27,076 | +€23,625 | +685% |
| Suppliers | 440/4 | €3,451 | €27,076 | +€23,625 | +685% |
| Taxes, remuneration and social security | 45 | €3,270 | €2,903 | -€367 | -11.2% |
| Taxes | 450/3 | €3,270 | €2,903 | -€367 | -11.2% |
| Non-recurring operating income | 76A | - | €10,000 | +€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €250 | €250 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €473 | +€85 | +22.0% |
| Gross operating margin | 9900 | €6,602 | €5,684 | -€918 | -13.9% |
| Operating profit (loss) | 9901 | €5,965 | €4,961 | -€1,003 | -16.8% |
| Financial charges | 65/66B | €180 | €301 | +€121 | +67.2% |
| Recurring financial charges | 65 | €180 | €301 | +€121 | +67.2% |
| Profit (loss) for the period before taxes | 9903 | €5,784 | €4,660 | -€1,124 | -19.4% |
| Income taxes | 67/77 | €1,602 | €2,014 | +€412 | +25.7% |
| Profit (loss) for the period | 9904 | €4,182 | €2,646 | -€1,536 | -36.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,182 | €2,646 | -€1,536 | -36.7% |
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 24 October 2026 via checked.be.