BG Solutions: 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 Solutions
Largest movements
- Cash +€21,423
up €21,423 (+844%), from €2,540 to €23,963
mainly Net result for the year (+€43,807) and Depreciation (+€13,069)
- Tangible fixed assets -€13,069
down €13,069 (-11.3%), from €115,308 to €102,240
- Receivables within one year +€5,373
up €5,373 (+13.9%), from €38,665 to €44,038
of which Trade receivables: +€6,125
- Profit (loss) carried forward +€43,807
up €43,807 (+25.6%), from -€171,107 to -€127,299
- Debts after one year -€13,039
down €13,039 (-14.3%), from €91,405 to €78,366
- Other debts -€11,632
down €11,632 (-22.3%), from €52,114 to €40,482
- Trade debts -€9,838
down €9,838 (-46.4%), from €21,188 to €11,350
- Accrued charges and deferred income +€3,345
new in 2025: €3,345
- Gross operating margin +€36,592
up €36,592 (+126%), from €29,000 to €65,592
- Other operating charges -€15,788
down €15,788 (-87.3%), from €18,078 to €2,291
- Financial charges +€2,046
up €2,046 (+49.1%), from €4,169 to €6,215
- Financial income -€742
down €742 (-100%), from €742 to €0
of which Financial income: -€391
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 | €157,186 | €170,810 | +€13,624 | +8.7% |
| Fixed assets | 21/28 | €115,308 | €102,240 | -€13,069 | -11.3% |
| Tangible fixed assets | 22/27 | €115,308 | €102,240 | -€13,069 | -11.3% |
| Land and buildings | 22 | €87,824 | €82,259 | -€5,565 | -6.3% |
| Plant, machinery and equipment | 23 | €5,492 | €3,825 | -€1,667 | -30.4% |
| Furniture and vehicles | 24 | €21,993 | €16,156 | -€5,837 | -26.5% |
| Current assets | 29/58 | €41,878 | €68,571 | +€26,693 | +63.7% |
| Amounts receivable within one year | 40/41 | €38,665 | €44,038 | +€5,373 | +13.9% |
| Trade receivables | 40 | €26,609 | €32,734 | +€6,125 | +23.0% |
| Other amounts receivable | 41 | €12,056 | €11,304 | -€752 | -6.2% |
| Cash at bank and in hand | 54/58 | €2,540 | €23,963 | +€21,423 | +844% |
| Deferred charges and accrued income | 490/1 | €673 | €570 | -€103 | -15.3% |
| Total equity and liabilities | 10/49 | €157,186 | €170,810 | +€13,624 | +8.7% |
| Equity | 10/15 | -€18,761 | €25,046 | +€43,807 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €139,946 | €139,946 | = | 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% |
| Distributable reserves | 133 | €138,086 | €138,086 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€171,107 | -€127,299 | +€43,807 | +25.6% |
| Amounts payable | 17/49 | €175,947 | €145,764 | -€30,183 | -17.2% |
| Amounts payable after more than one year | 17 | €91,405 | €78,366 | -€13,039 | -14.3% |
| Financial debts | 170/4 | €91,405 | €78,366 | -€13,039 | -14.3% |
| Amounts payable within one year | 42/48 | €84,542 | €64,054 | -€20,488 | -24.2% |
| Current portion of amounts payable after more than one year | 42 | €11,051 | €12,221 | +€1,169 | +10.6% |
| Trade debts | 44 | €21,188 | €11,350 | -€9,838 | -46.4% |
| Suppliers | 440/4 | €21,188 | €11,350 | -€9,838 | -46.4% |
| Taxes, remuneration and social security | 45 | €189 | €0 | -€189 | -100% |
| Taxes | 450/3 | €189 | €0 | -€189 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €52,114 | €40,482 | -€11,632 | -22.3% |
| Accrued charges and deferred income | 492/3 | - | €3,345 | +€3,345 | |
| Non-recurring operating income | 76A | €11,000 | €0 | -€11,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,244 | €13,069 | -€175 | -1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €18,078 | €2,291 | -€15,788 | -87.3% |
| Gross operating margin | 9900 | €29,000 | €65,592 | +€36,592 | +126% |
| Operating profit (loss) | 9901 | -€2,322 | €50,233 | +€52,555 | |
| Financial income | 75/76B | €742 | €0 | -€742 | -100% |
| Recurring financial income | 75 | €391 | €0 | -€391 | -100% |
| Non-recurring financial income | 76B | €351 | €0 | -€351 | -100% |
| Financial charges | 65/66B | €4,169 | €6,215 | +€2,046 | +49.1% |
| Recurring financial charges | 65 | €4,169 | €6,215 | +€2,046 | +49.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,750 | €44,018 | +€49,767 | |
| Income taxes | 67/77 | €243 | €210 | -€33 | -13.5% |
| Profit (loss) for the period | 9904 | -€5,993 | €43,807 | +€49,800 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,993 | €43,807 | +€49,800 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.