BG-Services: 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-Services
Largest movements
- Receivables within one year +€82,689
up €82,689 (+197.0%), from €41,968 to €124,657
of which Trade receivables: +€72,139
- Cash +€22,513
up €22,513 (+868.7%), from €2,592 to €25,105
mainly Other debts (+€55,000) and Trade debts (+€44,872)
- Other debts +€55,000
up €55,000 (+157.1%), from €35,000 to €90,000
- Trade debts +€44,872
up €44,872 (+120.1%), from €37,353 to €82,225
- Tax, wage and social debts +€2,712
up €2,712 (+22.4%), from €12,104 to €14,815
of which Remuneration and social security: +€2,820
- Staff costs +€103,624
up €103,624 (+213.5%), from €48,526 to €152,150
- Gross operating margin +€79,389
up €79,389 (+99.2%), from €80,008 to €159,397
- Financial charges +€1,910
up €1,910 (+75.1%), from €2,543 to €4,454
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 | €50,194 | €154,697 | +€104,503 | +208.2% |
| Fixed assets | 21/28 | €4,276 | €3,376 | -€900 | -21.0% |
| Tangible fixed assets | 22/27 | €4,276 | €3,376 | -€900 | -21.0% |
| Furniture and vehicles | 24 | €4,276 | €3,376 | -€900 | -21.0% |
| Current assets | 29/58 | €45,918 | €151,321 | +€105,403 | +229.5% |
| Amounts receivable within one year | 40/41 | €41,968 | €124,657 | +€82,689 | +197.0% |
| Trade receivables | 40 | €38,911 | €111,050 | +€72,139 | +185.4% |
| Other amounts receivable | 41 | €3,056 | €13,607 | +€10,551 | +345.2% |
| Cash at bank and in hand | 54/58 | €2,592 | €25,105 | +€22,513 | +868.7% |
| Deferred charges and accrued income | 490/1 | €1,359 | €1,560 | +€201 | +14.8% |
| Total equity and liabilities | 10/49 | €50,194 | €154,697 | +€104,503 | +208.2% |
| Equity | 10/15 | -€34,263 | -€32,984 | +€1,279 | +3.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,263 | -€36,984 | +€1,279 | +3.3% |
| Amounts payable | 17/49 | €84,457 | €187,681 | +€103,225 | +122.2% |
| Amounts payable within one year | 42/48 | €84,457 | €187,040 | +€102,584 | +121.5% |
| Trade debts | 44 | €37,353 | €82,225 | +€44,872 | +120.1% |
| Suppliers | 440/4 | €37,353 | €82,225 | +€44,872 | +120.1% |
| Taxes, remuneration and social security | 45 | €12,104 | €14,815 | +€2,712 | +22.4% |
| Taxes | 450/3 | €253 | €145 | -€108 | -42.8% |
| Remuneration and social security | 454/9 | €11,850 | €14,670 | +€2,820 | +23.8% |
| Other amounts payable | 47/48 | €35,000 | €90,000 | +€55,000 | +157.1% |
| Accrued charges and deferred income | 492/3 | - | €641 | +€641 | |
| Remuneration, social security and pensions | 62 | €48,526 | €152,150 | +€103,624 | +213.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €224 | €900 | +€676 | +301.1% |
| Other operating charges | 640/8 | €397 | €615 | +€218 | +54.8% |
| Gross operating margin | 9900 | €80,008 | €159,397 | +€79,389 | +99.2% |
| Operating profit (loss) | 9901 | €30,860 | €5,732 | -€25,128 | -81.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,543 | €4,454 | +€1,910 | +75.1% |
| Recurring financial charges | 65 | €2,543 | €4,454 | +€1,910 | +75.1% |
| Profit (loss) for the period before taxes | 9903 | €28,317 | €1,279 | -€27,038 | -95.5% |
| Profit (loss) for the period | 9904 | €28,317 | €1,279 | -€27,038 | -95.5% |
| Profit (loss) for the period to be appropriated | 9905 | €28,317 | €1,279 | -€27,038 | -95.5% |
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 5 October 2026 via checked.be.