BOGAERT WILLY: 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 WILLY
Largest movements
- Cash -€2,719
down €2,719 (-25.9%), from €10,494 to €7,775
mainly Receivables within one year (-€2,050) and Net result for the year (-€1,734)
- Receivables within one year +€2,050
up €2,050 (+63.7%), from €3,220 to €5,270
of which Other amounts receivable: +€2,050
- Reserves -€1,734
down €1,734 (-4.9%), from €35,152 to €33,419
- Gross operating margin -€1,499
down €1,499 (-51.4%), from €2,919 to €1,419
- Other operating charges +€1,280
up €1,280 (+62.4%), from €2,049 to €3,329
- Taxes -€100
down €100 (-100%), from €100 to €0
- Financial income -€59
down €59 (-20.3%), from €289 to €230
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 | €145,084 | €143,250 | -€1,834 | -1.3% |
| Fixed assets | 21/28 | €130,092 | €128,876 | -€1,216 | -0.9% |
| Tangible fixed assets | 22/27 | €130,092 | €128,876 | -€1,216 | -0.9% |
| Land and buildings | 22 | €130,092 | €128,876 | -€1,216 | -0.9% |
| Current assets | 29/58 | €14,993 | €14,374 | -€618 | -4.1% |
| Amounts receivable within one year | 40/41 | €3,220 | €5,270 | +€2,050 | +63.7% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €3,220 | €5,270 | +€2,050 | +63.7% |
| Cash at bank and in hand | 54/58 | €10,494 | €7,775 | -€2,719 | -25.9% |
| Deferred charges and accrued income | 490/1 | €1,278 | €1,329 | +€50 | +3.9% |
| Total equity and liabilities | 10/49 | €145,084 | €143,250 | -€1,834 | -1.3% |
| Equity | 10/15 | €144,984 | €143,250 | -€1,734 | -1.2% |
| Contributions | 10/11 | €109,831 | €109,831 | = | 0.0% |
| Reserves | 13 | €35,152 | €33,419 | -€1,734 | -4.9% |
| Distributable reserves | 133 | €35,152 | €33,419 | -€1,734 | -4.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €100 | €0 | -€100 | -100% |
| Amounts payable within one year | 42/48 | €100 | €0 | -€100 | -100% |
| Taxes, remuneration and social security | 45 | €100 | €0 | -€100 | -100% |
| Taxes | 450/3 | €100 | €0 | -€100 | -100% |
| Other operating charges | 640/8 | €2,049 | €3,329 | +€1,280 | +62.4% |
| Gross operating margin | 9900 | €2,919 | €1,419 | -€1,499 | -51.4% |
| Operating profit (loss) | 9901 | €869 | -€1,910 | -€2,779 | |
| Financial income | 75/76B | €289 | €230 | -€59 | -20.3% |
| Recurring financial income | 75 | €289 | €230 | -€59 | -20.3% |
| Financial charges | 65/66B | €53 | €54 | +€2 | +2.9% |
| Recurring financial charges | 65 | €53 | €54 | +€2 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €1,105 | -€1,734 | -€2,839 | |
| Income taxes | 67/77 | €100 | €0 | -€100 | -100% |
| Profit (loss) for the period | 9904 | €1,005 | -€1,734 | -€2,739 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,005 | -€1,734 | -€2,739 |
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.