BG2C: 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.
BG2C
Largest movements
- Cash +€18,840
up €18,840 (+35.7%), from €52,808 to €71,648
mainly Net result for the year (+€16,023) and Accrued charges and deferred income (+€9,680)
- Tangible fixed assets -€3,744
down €3,744 (-62.7%), from €5,970 to €2,226
- Deferred charges and accrued income +€841
new in 2025: €841
- Accrued charges and deferred income +€9,680
new in 2025: €9,680
- Reserves +€5,415
up €5,415 (+27.6%), from €19,585 to €25,000
of which Distributable reserves: +€7,500
- Profit (loss) carried forward +€3,523
up €3,523 (+42.5%), from €8,287 to €11,810
- Current portion of long-term debt -€3,191
no longer reported in 2025 (was €3,191)
- Contributions +€2,085
up €2,085 (+16.8%), from €12,400 to €14,485
- Gross operating margin +€4,947
up €4,947 (+31.2%), from €15,843 to €20,789
- Taxes -€4,312
down €4,312 (-94.6%), from €4,558 to €246
- Depreciation -€336
down €336 (-8.2%), from €4,080 to €3,744
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 | €58,830 | €74,768 | +€15,938 | +27.1% |
| Fixed assets | 21/28 | €6,022 | €2,278 | -€3,744 | -62.2% |
| Tangible fixed assets | 22/27 | €5,970 | €2,226 | -€3,744 | -62.7% |
| Furniture and vehicles | 24 | €5,970 | €2,226 | -€3,744 | -62.7% |
| Financial fixed assets | 28 | €52 | €52 | = | 0.0% |
| Current assets | 29/58 | €52,808 | €72,490 | +€19,682 | +37.3% |
| Cash at bank and in hand | 54/58 | €52,808 | €71,648 | +€18,840 | +35.7% |
| Deferred charges and accrued income | 490/1 | - | €841 | +€841 | |
| Total equity and liabilities | 10/49 | €58,830 | €74,768 | +€15,938 | +27.1% |
| Equity | 10/15 | €40,272 | €51,295 | +€11,023 | +27.4% |
| Contributions | 10/11 | €12,400 | €14,485 | +€2,085 | +16.8% |
| Reserves | 13 | €19,585 | €25,000 | +€5,415 | +27.6% |
| Non-distributable reserves | 130/1 | €2,085 | - | -€2,085 | |
| Reserves not available under the articles | 1311 | €2,085 | - | -€2,085 | |
| Distributable reserves | 133 | €17,500 | €25,000 | +€7,500 | +42.9% |
| Profit (loss) carried forward | 14 | €8,287 | €11,810 | +€3,523 | +42.5% |
| Amounts payable | 17/49 | €18,558 | €23,473 | +€4,915 | +26.5% |
| Amounts payable within one year | 42/48 | €18,558 | €13,793 | -€4,765 | -25.7% |
| Current portion of amounts payable after more than one year | 42 | €3,191 | - | -€3,191 | |
| Trade debts | 44 | €2,945 | €1,355 | -€1,590 | -54.0% |
| Suppliers | 440/4 | €2,945 | €1,355 | -€1,590 | -54.0% |
| Taxes, remuneration and social security | 45 | €1,268 | €2,977 | +€1,710 | +135% |
| Taxes | 450/3 | €1,268 | €2,977 | +€1,710 | +135% |
| Other amounts payable | 47/48 | €11,155 | €9,461 | -€1,694 | -15.2% |
| Accrued charges and deferred income | 492/3 | - | €9,680 | +€9,680 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,080 | €3,744 | -€336 | -8.2% |
| Other operating charges | 640/8 | €843 | €682 | -€161 | -19.1% |
| Gross operating margin | 9900 | €15,843 | €20,789 | +€4,947 | +31.2% |
| Operating profit (loss) | 9901 | €10,919 | €16,364 | +€5,444 | +49.9% |
| Financial income | 75/76B | €194 | - | -€194 | |
| Recurring financial income | 75 | €194 | - | -€194 | |
| Financial charges | 65/66B | €150 | €94 | -€56 | -37.3% |
| Recurring financial charges | 65 | €150 | €94 | -€56 | -37.3% |
| Profit (loss) for the period before taxes | 9903 | €10,963 | €16,269 | +€5,306 | +48.4% |
| Income taxes | 67/77 | €4,558 | €246 | -€4,312 | -94.6% |
| Profit (loss) for the period | 9904 | €6,405 | €16,023 | +€9,618 | +150% |
| Profit (loss) for the period to be appropriated | 9905 | €6,405 | €16,023 | +€9,618 | +150% |
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.