BGD CONSTRUCT: 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.
BGD CONSTRUCT
Largest movements
- Receivables within one year -€68,954
down €68,954 (-54.4%), from €126,825 to €57,871
- Cash +€58,501
up €58,501 (+431%), from €13,568 to €72,070
- Debts -€39,555
down €39,555 (-29.6%), from €133,663 to €94,107
- Equity +€29,103
up €29,103 (+432%), from €6,731 to €35,834
of which Profit (loss) carried forward: +€29,103
- Gross operating margin -€1,693
down €1,693 (-97.5%), from €1,737 to €44
- Financial charges +€180
new in 2022: €180
- Taxes -€132
no longer reported in 2022 (was €132)
- Other operating charges +€54
new in 2022: €54
From the 2020 result to the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2020 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €140,393 | €129,941 | -€10,453 | -7.4% |
| Current assets | 29/58 | €140,393 | €129,941 | -€10,453 | -7.4% |
| Amounts receivable within one year | 40/41 | €126,825 | €57,871 | -€68,954 | -54.4% |
| Trade receivables | 40 | - | €56,795 | +€56,795 | |
| Other amounts receivable | 41 | - | €1,077 | +€1,077 | |
| Cash at bank and in hand | 54/58 | €13,568 | €72,070 | +€58,501 | +431% |
| Total equity and liabilities | 10/49 | €140,393 | €129,941 | -€10,453 | -7.4% |
| Equity | 10/15 | €6,731 | €35,834 | +€29,103 | +432% |
| Contributions | 10/11 | - | €6,200 | +€6,200 | |
| Profit (loss) carried forward | 14 | €531 | €29,634 | +€29,103 | +5,484% |
| Amounts payable | 17/49 | €133,663 | €94,107 | -€39,555 | -29.6% |
| Amounts payable within one year | 42/48 | €123,773 | €94,107 | -€29,665 | -24.0% |
| Trade debts | 44 | €122,360 | €85,348 | -€37,012 | -30.2% |
| Suppliers | 440/4 | - | €85,348 | +€85,348 | |
| Taxes, remuneration and social security | 45 | - | €7,479 | +€7,479 | |
| Taxes | 450/3 | - | €7,479 | +€7,479 | |
| Other amounts payable | 47/48 | - | €1,281 | +€1,281 | |
| Other operating charges | 640/8 | - | €54 | +€54 | |
| Gross operating margin | 9900 | €1,737 | €44 | -€1,693 | -97.5% |
| Operating profit (loss) | 9901 | €1,737 | -€10 | -€1,747 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | - | €180 | +€180 | |
| Recurring financial charges | 65 | €10 | €180 | +€170 | +1,676% |
| Profit (loss) for the period before taxes | 9903 | €1,727 | -€190 | -€1,916 | |
| Income taxes | 67/77 | €132 | - | -€132 | |
| Profit (loss) for the period | 9904 | €1,595 | -€190 | -€1,785 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,595 | -€190 | -€1,785 |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.