Bogaert Verzekeringen: what changed
Bogaert Verzekeringen
Largest movements
- Tangible fixed assets -€27,764
down €27,764 (-57.1%), from €48,640 to €20,876
of which Furniture and vehicles: -€27,336
- Cash -€18,623
down €18,623 (-88.1%), from €21,133 to €2,510
mainly Receivables within one year (-€13,550) and Debts after one year (-€12,190)
- Receivables within one year +€13,550
up €13,550 (+286%), from €4,738 to €18,288
of which Other amounts receivable: +€12,705
- Intangible fixed assets -€5,000
down €5,000 (-33.3%), from €15,000 to €10,000
- Reserves -€16,844
down €16,844 (-29.5%), from €57,158 to €40,314
- Debts after one year -€12,190
down €12,190 (-100%), from €12,190 to €0
- Current portion of long-term debt -€12,062
down €12,062 (-49.7%), from €24,252 to €12,190
- Profit (loss) carried forward +€11,269
up €11,269, from -€11,269 to €0
- Trade debts -€3,950
down €3,950 (-93.6%), from €4,222 to €272
- Gross operating margin +€5,861
up €5,861 (+26.0%), from €22,555 to €28,416
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 | €92,826 | €54,752 | -€38,074 | -41.0% |
| Fixed assets | 21/28 | €63,640 | €30,876 | -€32,764 | -51.5% |
| Intangible fixed assets | 21 | €15,000 | €10,000 | -€5,000 | -33.3% |
| Tangible fixed assets | 22/27 | €48,640 | €20,876 | -€27,764 | -57.1% |
| Plant, machinery and equipment | 23 | €961 | €533 | -€428 | -44.6% |
| Furniture and vehicles | 24 | €47,678 | €20,343 | -€27,336 | -57.3% |
| Current assets | 29/58 | €29,186 | €23,877 | -€5,310 | -18.2% |
| Amounts receivable within one year | 40/41 | €4,738 | €18,288 | +€13,550 | +286% |
| Trade receivables | 40 | €2,836 | €3,681 | +€845 | +29.8% |
| Other amounts receivable | 41 | €1,902 | €14,607 | +€12,705 | +668% |
| Cash at bank and in hand | 54/58 | €21,133 | €2,510 | -€18,623 | -88.1% |
| Deferred charges and accrued income | 490/1 | €3,316 | €3,079 | -€237 | -7.1% |
| Total equity and liabilities | 10/49 | €92,826 | €54,752 | -€38,074 | -41.0% |
| Equity | 10/15 | €46,889 | €41,314 | -€5,575 | -11.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €57,158 | €40,314 | -€16,844 | -29.5% |
| Distributable reserves | 133 | €57,158 | €40,314 | -€16,844 | -29.5% |
| Profit (loss) carried forward | 14 | -€11,269 | €0 | +€11,269 | |
| Amounts payable | 17/49 | €45,937 | €13,439 | -€32,499 | -70.7% |
| Amounts payable after more than one year | 17 | €12,190 | €0 | -€12,190 | -100% |
| Financial debts | 170/4 | €12,190 | €0 | -€12,190 | -100% |
| Amounts payable within one year | 42/48 | €33,447 | €13,439 | -€20,008 | -59.8% |
| Current portion of amounts payable after more than one year | 42 | €24,252 | €12,190 | -€12,062 | -49.7% |
| Trade debts | 44 | €4,222 | €272 | -€3,950 | -93.6% |
| Suppliers | 440/4 | €4,222 | €272 | -€3,950 | -93.6% |
| Taxes, remuneration and social security | 45 | €2,187 | €390 | -€1,798 | -82.2% |
| Taxes | 450/3 | €2,187 | €390 | -€1,798 | -82.2% |
| Other amounts payable | 47/48 | €2,785 | €587 | -€2,198 | -78.9% |
| Accrued charges and deferred income | 492/3 | €301 | €0 | -€301 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,816 | €32,764 | -€52 | -0.2% |
| Other operating charges | 640/8 | €528 | €692 | +€164 | +31.1% |
| Gross operating margin | 9900 | €22,555 | €28,416 | +€5,861 | +26.0% |
| Operating profit (loss) | 9901 | -€10,789 | -€5,039 | +€5,750 | +53.3% |
| Financial charges | 65/66B | €322 | €198 | -€124 | -38.4% |
| Recurring financial charges | 65 | €322 | €198 | -€124 | -38.4% |
| Profit (loss) for the period before taxes | 9903 | -€11,112 | -€5,238 | +€5,874 | +52.9% |
| Income taxes | 67/77 | €157 | €337 | +€180 | +114% |
| Profit (loss) for the period | 9904 | -€11,269 | -€5,575 | +€5,694 | +50.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,269 | -€5,575 | +€5,694 | +50.5% |
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 2 November 2026 via checked.be.