BG Project Support: what changed
Two fiscal 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 Project Support
Largest movements
- Cash +€22,791
up €22,791 (+150.4%), from €15,156 to €37,947
mainly Net result for the year (+€31,130) and Tax, wage and social debts (+€8,947)
- Receivables within one year +€12,152
up €12,152 (+187.2%), from €6,493 to €18,645
of which Trade receivables: +€10,833
- Tangible fixed assets +€846
up €846 (+28.2%), from €3,003 to €3,849
of which Furniture and vehicles: +€1,051
- Reserves +€31,130
up €31,130 (+361.3%), from €8,617 to €39,747
- Tax, wage and social debts +€8,947
up €8,947 (+168.9%), from €5,296 to €14,242
- Other debts -€4,206
down €4,206 (-100.0%), from €4,206 to €0
- Gross operating margin +€24,701
up €24,701 (+156.0%), from €15,837 to €40,538
- Taxes +€5,087
up €5,087 (+155.9%), from €3,264 to €8,350
- Depreciation -€2,399
down €2,399 (-73.9%), from €3,247 to €848
- Financial charges -€510
down €510 (-83.4%), from €611 to €101
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.
Cash bridge derived
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 | €24,652 | €60,440 | +€35,788 | +145.2% |
| Fixed assets | 21/28 | €3,003 | €3,849 | +€846 | +28.2% |
| Tangible fixed assets | 22/27 | €3,003 | €3,849 | +€846 | +28.2% |
| Plant, machinery and equipment | 23 | €1,843 | €1,638 | -€205 | -11.1% |
| Furniture and vehicles | 24 | €1,160 | €2,210 | +€1,051 | +90.6% |
| Current assets | 29/58 | €21,649 | €56,591 | +€34,942 | +161.4% |
| Amounts receivable within one year | 40/41 | €6,493 | €18,645 | +€12,152 | +187.2% |
| Trade receivables | 40 | €6,493 | €17,325 | +€10,833 | +166.8% |
| Other amounts receivable | 41 | - | €1,319 | +€1,319 | |
| Cash at bank and in hand | 54/58 | €15,156 | €37,947 | +€22,791 | +150.4% |
| Total equity and liabilities | 10/49 | €24,652 | €60,440 | +€35,788 | +145.2% |
| Equity | 10/15 | €13,617 | €44,747 | +€31,130 | +228.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €8,617 | €39,747 | +€31,130 | +361.3% |
| Distributable reserves | 133 | €8,617 | €39,747 | +€31,130 | +361.3% |
| Amounts payable | 17/49 | €11,035 | €15,693 | +€4,658 | +42.2% |
| Amounts payable within one year | 42/48 | €10,434 | €15,556 | +€5,123 | +49.1% |
| Trade debts | 44 | €932 | €1,314 | +€382 | +41.0% |
| Suppliers | 440/4 | €932 | €1,314 | +€382 | +41.0% |
| Taxes, remuneration and social security | 45 | €5,296 | €14,242 | +€8,947 | +168.9% |
| Taxes | 450/3 | €5,296 | €14,242 | +€8,947 | +168.9% |
| Other amounts payable | 47/48 | €4,206 | €0 | -€4,206 | -100.0% |
| Accrued charges and deferred income | 492/3 | €601 | €137 | -€464 | -77.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,247 | €848 | -€2,399 | -73.9% |
| Other operating charges | 640/8 | €99 | €108 | +€9 | +9.0% |
| Gross operating margin | 9900 | €15,837 | €40,538 | +€24,701 | +156.0% |
| Operating profit (loss) | 9901 | €12,491 | €39,582 | +€27,091 | +216.9% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €611 | €101 | -€510 | -83.4% |
| Recurring financial charges | 65 | €611 | €101 | -€510 | -83.4% |
| Profit (loss) for the period before taxes | 9903 | €11,880 | €39,480 | +€27,600 | +232.3% |
| Income taxes | 67/77 | €3,264 | €8,350 | +€5,087 | +155.9% |
| Profit (loss) for the period | 9904 | €8,617 | €31,130 | +€22,513 | +261.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,617 | €31,130 | +€22,513 | +261.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.