BGID: 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.
BGID
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Reserves -€43,972
down €43,972 (-95.9%), from €45,832 to €1,860
of which Distributable reserves: -€43,972
- Other debts +€43,972
new in 2025: €43,972
- Profit (loss) carried forward +€35,573
up €35,573 (+18.1%), from €196,414 to €231,987
- Debts after one year -€19,685
down €19,685 (-10.7%), from €184,427 to €164,741
- Tax, wage and social debts -€19,375
down €19,375 (-32.6%), from €59,373 to €39,998
- Gross operating margin +€3,916
up €3,916 (+6.6%), from €59,277 to €63,193
- Financial income -€3,148
down €3,148 (-21.1%), from €14,922 to €11,775
- Depreciation +€1,742
up €1,742 (+10.6%), from €16,479 to €18,221
- Financial charges +€1,336
up €1,336 (+24.1%), from €5,549 to €6,885
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 | €524,005 | €517,929 | -€6,076 | -1.2% |
| Fixed assets | 21/28 | €278,273 | €277,939 | -€334 | -0.1% |
| Tangible fixed assets | 22/27 | €278,273 | €277,939 | -€334 | -0.1% |
| Land and buildings | 22 | €270,774 | €266,163 | -€4,611 | -1.7% |
| Plant, machinery and equipment | 23 | €617 | €393 | -€224 | -36.3% |
| Furniture and vehicles | 24 | €6,882 | €11,383 | +€4,501 | +65.4% |
| Current assets | 29/58 | €245,732 | €239,990 | -€5,742 | -2.3% |
| Amounts receivable within one year | 40/41 | €227,775 | €222,667 | -€5,108 | -2.2% |
| Other amounts receivable | 41 | €227,775 | €222,667 | -€5,108 | -2.2% |
| Cash at bank and in hand | 54/58 | €16,768 | €15,756 | -€1,011 | -6.0% |
| Deferred charges and accrued income | 490/1 | €1,190 | €1,567 | +€377 | +31.7% |
| Total equity and liabilities | 10/49 | €524,005 | €517,929 | -€6,076 | -1.2% |
| Equity | 10/15 | €248,446 | €240,047 | -€8,399 | -3.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €45,832 | €1,860 | -€43,972 | -95.9% |
| 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 | €43,972 | - | -€43,972 | |
| Profit (loss) carried forward | 14 | €196,414 | €231,987 | +€35,573 | +18.1% |
| Amounts payable | 17/49 | €275,559 | €277,882 | +€2,323 | +0.8% |
| Amounts payable after more than one year | 17 | €184,427 | €164,741 | -€19,685 | -10.7% |
| Financial debts | 170/4 | €184,427 | €164,741 | -€19,685 | -10.7% |
| Amounts payable within one year | 42/48 | €91,132 | €113,141 | +€22,008 | +24.2% |
| Current portion of amounts payable after more than one year | 42 | €19,346 | €19,685 | +€339 | +1.8% |
| Trade debts | 44 | €12,413 | €9,485 | -€2,928 | -23.6% |
| Suppliers | 440/4 | €12,413 | €9,485 | -€2,928 | -23.6% |
| Taxes, remuneration and social security | 45 | €59,373 | €39,998 | -€19,375 | -32.6% |
| Taxes | 450/3 | €59,373 | €39,998 | -€19,375 | -32.6% |
| Other amounts payable | 47/48 | - | €43,972 | +€43,972 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,479 | €18,221 | +€1,742 | +10.6% |
| Other operating charges | 640/8 | €1,477 | €1,561 | +€84 | +5.7% |
| Non-recurring operating charges | 66A | - | €870 | +€870 | |
| Gross operating margin | 9900 | €59,277 | €63,193 | +€3,916 | +6.6% |
| Operating profit (loss) | 9901 | €41,321 | €42,541 | +€1,220 | +3.0% |
| Financial income | 75/76B | €14,922 | €11,775 | -€3,148 | -21.1% |
| Recurring financial income | 75 | €14,922 | €11,775 | -€3,148 | -21.1% |
| Financial charges | 65/66B | €5,549 | €6,885 | +€1,336 | +24.1% |
| Recurring financial charges | 65 | €5,549 | €6,885 | +€1,336 | +24.1% |
| Profit (loss) for the period before taxes | 9903 | €50,694 | €47,431 | -€3,263 | -6.4% |
| Income taxes | 67/77 | €11,315 | €11,857 | +€542 | +4.8% |
| Profit (loss) for the period | 9904 | €39,379 | €35,573 | -€3,805 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €39,379 | €35,573 | -€3,805 | -9.7% |
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 8 October 2026 via checked.be.