BOGAERT ODIEL: 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.
BOGAERT ODIEL
Largest movements
- Receivables within one year +€18,229
up €18,229 (+48.0%), from €38,000 to €56,228
of which Other amounts receivable: +€16,933
- Tangible fixed assets -€12,151
down €12,151 (-23.3%), from €52,081 to €39,930
of which Other tangible fixed assets: -€10,973
- Deferred charges and accrued income +€1,518
up €1,518 (+57.8%), from €2,625 to €4,143
- Cash -€1,020
down €1,020 (-85.2%), from €1,197 to €177
mainly Receivables within one year (-€18,229) and Deferred charges and accrued income (-€1,518)
- Profit (loss) carried forward +€5,536
up €5,536 (+8.6%), from €64,244 to €69,781
- Trade debts +€1,153
up €1,153 (+2,238%), from €52 to €1,205
- Gross operating margin -€2,206
down €2,206 (-11.1%), from €19,797 to €17,591
- Financial income +€1,688
up €1,688 (+80.0%), from €2,110 to €3,799
- Depreciation +€1,405
up €1,405 (+13.1%), from €10,746 to €12,151
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 | €93,903 | €100,478 | +€6,576 | +7.0% |
| Fixed assets | 21/28 | €52,081 | €39,930 | -€12,151 | -23.3% |
| Tangible fixed assets | 22/27 | €52,081 | €39,930 | -€12,151 | -23.3% |
| Plant, machinery and equipment | 23 | €816 | €390 | -€426 | -52.2% |
| Furniture and vehicles | 24 | €1,596 | €844 | -€752 | -47.1% |
| Other tangible fixed assets | 26 | €49,670 | €38,697 | -€10,973 | -22.1% |
| Current assets | 29/58 | €41,821 | €60,548 | +€18,727 | +44.8% |
| Amounts receivable within one year | 40/41 | €38,000 | €56,228 | +€18,229 | +48.0% |
| Trade receivables | 40 | €577 | €1,873 | +€1,296 | +224% |
| Other amounts receivable | 41 | €37,422 | €54,355 | +€16,933 | +45.2% |
| Cash at bank and in hand | 54/58 | €1,197 | €177 | -€1,020 | -85.2% |
| Deferred charges and accrued income | 490/1 | €2,625 | €4,143 | +€1,518 | +57.8% |
| Total equity and liabilities | 10/49 | €93,903 | €100,478 | +€6,576 | +7.0% |
| Equity | 10/15 | €91,461 | €96,998 | +€5,536 | +6.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €8,625 | €8,625 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,745 | €2,745 | = | 0.0% |
| Distributable reserves | 133 | €4,020 | €4,020 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,244 | €69,781 | +€5,536 | +8.6% |
| Amounts payable | 17/49 | €2,441 | €3,481 | +€1,039 | +42.6% |
| Amounts payable within one year | 42/48 | €2,441 | €3,481 | +€1,039 | +42.6% |
| Trade debts | 44 | €52 | €1,205 | +€1,153 | +2,238% |
| Suppliers | 440/4 | €52 | €1,205 | +€1,153 | +2,238% |
| Taxes, remuneration and social security | 45 | €2,390 | €2,276 | -€114 | -4.8% |
| Taxes | 450/3 | €2,390 | €2,276 | -€114 | -4.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,746 | €12,151 | +€1,405 | +13.1% |
| Other operating charges | 640/8 | €1,423 | €1,443 | +€20 | +1.4% |
| Gross operating margin | 9900 | €19,797 | €17,591 | -€2,206 | -11.1% |
| Operating profit (loss) | 9901 | €7,628 | €3,997 | -€3,631 | -47.6% |
| Financial income | 75/76B | €2,110 | €3,799 | +€1,688 | +80.0% |
| Recurring financial income | 75 | €2,110 | €3,799 | +€1,688 | +80.0% |
| Financial charges | 65/66B | €46 | €46 | -€0 | 0.0% |
| Recurring financial charges | 65 | €46 | €46 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €9,692 | €7,750 | -€1,942 | -20.0% |
| Income taxes | 67/77 | €2,147 | €2,213 | +€66 | +3.1% |
| Profit (loss) for the period | 9904 | €7,545 | €5,536 | -€2,008 | -26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,545 | €5,536 | -€2,008 | -26.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.