BGS Energy: what changed
BGS Energy
Largest movements
- Cash +€21,448
up €21,448 (+140%), from €15,323 to €36,771
mainly Net result for the year (+€14,581) and Trade debts (+€10,369)
- Receivables within one year +€4,552
up €4,552 (+1,177%), from €387 to €4,938
- Stocks and contracts -€850
down €850 (-25.4%), from €3,341 to €2,491
- Profit (loss) carried forward +€14,581
up €14,581, from -€9,655 to €4,926
- Trade debts +€10,369
up €10,369 (+1,574%), from €659 to €11,027
- Other debts -€504
down €504 (-1.9%), from €26,849 to €26,345
- Gross operating margin +€24,478
up €24,478, from -€10,178 to €14,300
- Other operating charges -€2,353
down €2,353 (-64.0%), from €3,678 to €1,324
- Financial income +€557
up €557 (+28.0%), from €1,989 to €2,545
- Taxes +€386
up €386 (+227%), from €170 to €556
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,204 | €45,024 | +€24,820 | +123% |
| Fixed assets | 21/28 | €1,153 | €824 | -€330 | -28.6% |
| Tangible fixed assets | 22/27 | €1,153 | €824 | -€330 | -28.6% |
| Plant, machinery and equipment | 23 | €1,153 | €824 | -€330 | -28.6% |
| Current assets | 29/58 | €19,051 | €44,200 | +€25,150 | +132% |
| Stocks and contracts in progress | 3 | €3,341 | €2,491 | -€850 | -25.4% |
| Stocks | 30/36 | €3,341 | €2,491 | -€850 | -25.4% |
| Amounts receivable within one year | 40/41 | €387 | €4,938 | +€4,552 | +1,177% |
| Other amounts receivable | 41 | €387 | €4,938 | +€4,552 | +1,177% |
| Cash at bank and in hand | 54/58 | €15,323 | €36,771 | +€21,448 | +140% |
| Total equity and liabilities | 10/49 | €20,204 | €45,024 | +€24,820 | +123% |
| Equity | 10/15 | -€8,155 | €6,426 | +€14,581 | |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Capital | 10 | €1,500 | €1,500 | = | 0.0% |
| Issued capital | 100 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,655 | €4,926 | +€14,581 | |
| Amounts payable | 17/49 | €28,359 | €38,598 | +€10,239 | +36.1% |
| Amounts payable within one year | 42/48 | €28,359 | €38,598 | +€10,239 | +36.1% |
| Trade debts | 44 | €659 | €11,027 | +€10,369 | +1,574% |
| Suppliers | 440/4 | €659 | €11,027 | +€10,369 | +1,574% |
| Taxes, remuneration and social security | 45 | €851 | €1,226 | +€375 | +44.0% |
| Taxes | 450/3 | €851 | €1,226 | +€375 | +44.0% |
| Other amounts payable | 47/48 | €26,849 | €26,345 | -€504 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €330 | €330 | = | 0.0% |
| Other operating charges | 640/8 | €3,678 | €1,324 | -€2,353 | -64.0% |
| Gross operating margin | 9900 | -€10,178 | €14,300 | +€24,478 | |
| Operating profit (loss) | 9901 | -€14,186 | €12,646 | +€26,831 | |
| Financial income | 75/76B | €1,989 | €2,545 | +€557 | +28.0% |
| Recurring financial income | 75 | €1,989 | €2,545 | +€557 | +28.0% |
| Financial charges | 65/66B | €32 | €54 | +€21 | +66.0% |
| Recurring financial charges | 65 | €32 | €54 | +€21 | +66.0% |
| Profit (loss) for the period before taxes | 9903 | -€12,229 | €15,137 | +€27,367 | |
| Income taxes | 67/77 | €170 | €556 | +€386 | +227% |
| Profit (loss) for the period | 9904 | -€12,399 | €14,581 | +€26,981 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,399 | €14,581 | +€26,981 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.