BGNS: 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.
BGNS
Largest movements
- Receivables within one year +€241,099
new in 2025: €241,099
- Receivables after one year -€151,565
no longer reported in 2025 (was €151,565)
- Reserves +€177,000
up €177,000 (+46.7%), from €379,200 to €556,200
of which Distributable reserves: +€177,000
- Other debts -€60,975
down €60,975 (-14.7%), from €413,419 to €352,444
- Debts after one year -€25,237
no longer reported in 2025 (was €25,237)
- Financial income +€190,000
new in 2025: €190,000
- Financial charges -€1,449
down €1,449 (-12.7%), from €11,424 to €9,975
- Gross operating margin +€258
up €258 (+10.8%), from -€2,381 to -€2,124
- Other operating charges +€31
up €31 (+3.2%), from €968 to €998
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 | €1,255,608 | €1,344,121 | +€88,513 | +7.0% |
| Fixed assets | 21/28 | €1,102,600 | €1,102,600 | = | 0.0% |
| Financial fixed assets | 28 | €1,102,600 | €1,102,600 | = | 0.0% |
| Current assets | 29/58 | €153,008 | €241,521 | +€88,513 | +57.8% |
| Amounts receivable after more than one year | 29 | €151,565 | - | -€151,565 | |
| Other amounts receivable | 291 | €151,565 | - | -€151,565 | |
| Amounts receivable within one year | 40/41 | - | €241,099 | +€241,099 | |
| Other amounts receivable | 41 | - | €241,099 | +€241,099 | |
| Cash at bank and in hand | 54/58 | €20 | €185 | +€165 | +831% |
| Deferred charges and accrued income | 490/1 | €1,423 | €237 | -€1,186 | -83.3% |
| Total equity and liabilities | 10/49 | €1,255,608 | €1,344,121 | +€88,513 | +7.0% |
| Equity | 10/15 | €785,892 | €962,794 | +€176,903 | +22.5% |
| Contributions | 10/11 | €406,000 | €406,000 | = | 0.0% |
| Reserves | 13 | €379,200 | €556,200 | +€177,000 | +46.7% |
| Non-distributable reserves | 130/1 | €12,700 | €12,700 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,700 | €12,700 | = | 0.0% |
| Distributable reserves | 133 | €366,500 | €543,500 | +€177,000 | +48.3% |
| Profit (loss) carried forward | 14 | €692 | €594 | -€97 | -14.1% |
| Amounts payable | 17/49 | €469,716 | €381,327 | -€88,389 | -18.8% |
| Amounts payable after more than one year | 17 | €25,237 | - | -€25,237 | |
| Financial debts | 170/4 | €25,237 | - | -€25,237 | |
| Amounts payable within one year | 42/48 | €444,479 | €381,327 | -€63,152 | -14.2% |
| Financial debts | 43 | €25,674 | €25,237 | -€437 | -1.7% |
| Credit institutions | 430/8 | €25,674 | €25,237 | -€437 | -1.7% |
| Trade debts | 44 | €2,322 | €885 | -€1,436 | -61.9% |
| Suppliers | 440/4 | €2,322 | €885 | -€1,436 | -61.9% |
| Taxes, remuneration and social security | 45 | €3,064 | €2,760 | -€303 | -9.9% |
| Taxes | 450/3 | €3,064 | €2,760 | -€303 | -9.9% |
| Other amounts payable | 47/48 | €413,419 | €352,444 | -€60,975 | -14.7% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€2,381 | -€2,124 | +€258 | +10.8% |
| Operating profit (loss) | 9901 | -€3,349 | -€3,122 | +€227 | +6.8% |
| Financial income | 75/76B | - | €190,000 | +€190,000 | |
| Recurring financial income | 75 | - | €190,000 | +€190,000 | |
| Financial charges | 65/66B | €11,424 | €9,975 | -€1,449 | -12.7% |
| Recurring financial charges | 65 | €11,424 | €9,975 | -€1,449 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | -€14,773 | €176,903 | +€191,675 | |
| Profit (loss) for the period | 9904 | -€14,773 | €176,903 | +€191,675 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,773 | €176,903 | +€191,675 |
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 14 October 2026 via checked.be.