BOGAERTB CONSULTING: 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.
BOGAERTB CONSULTING
Largest movements
- Cash -€72,431
down €72,431 (-57.6%), from €125,853 to €53,422
mainly Contributions, distributions and other (-€95,000) and Investment in fixed assets (net) (-€59,173)
- Tangible fixed assets +€41,771
up €41,771 (+10.1%), from €414,325 to €456,097
of which Furniture and vehicles: +€30,095
- Current investments +€14,802
new in 2025: €14,802
- Trade debts +€32,531
up €32,531 (+3,953%), from €823 to €33,354
- Tax, wage and social debts -€28,720
down €28,720 (-61.4%), from €46,807 to €18,087
of which Taxes: -€31,420
- Profit (loss) carried forward +€19,730
up €19,730 (+5,853%), from €337 to €20,067
- Debts after one year -€18,515
down €18,515 (-8.3%), from €222,867 to €204,353
- Other debts -€17,978
down €17,978 (-7.1%), from €254,626 to €236,648
- Gross operating margin -€11,677
down €11,677 (-6.7%), from €175,378 to €163,701
- Financial income +€8,709
up €8,709 (+168%), from €5,182 to €13,892
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 | €562,191 | €549,622 | -€12,568 | -2.2% |
| Fixed assets | 21/28 | €414,325 | €456,097 | +€41,771 | +10.1% |
| Tangible fixed assets | 22/27 | €414,325 | €456,097 | +€41,771 | +10.1% |
| Land and buildings | 22 | €405,811 | €392,182 | -€13,628 | -3.4% |
| Plant, machinery and equipment | 23 | - | €2,213 | +€2,213 | |
| Furniture and vehicles | 24 | €620 | €30,715 | +€30,095 | +4,857% |
| Other tangible fixed assets | 26 | €7,895 | €30,986 | +€23,091 | +292% |
| Current assets | 29/58 | €147,865 | €93,526 | -€54,339 | -36.7% |
| Amounts receivable within one year | 40/41 | €21,520 | €22,619 | +€1,098 | +5.1% |
| Trade receivables | 40 | €21,520 | €22,434 | +€914 | +4.2% |
| Other amounts receivable | 41 | - | €185 | +€185 | |
| Current investments | 50/53 | - | €14,802 | +€14,802 | |
| Cash at bank and in hand | 54/58 | €125,853 | €53,422 | -€72,431 | -57.6% |
| Deferred charges and accrued income | 490/1 | €492 | €2,683 | +€2,192 | +446% |
| Total equity and liabilities | 10/49 | €562,191 | €549,622 | -€12,568 | -2.2% |
| Equity | 10/15 | €18,937 | €38,667 | +€19,730 | +104% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €337 | €20,067 | +€19,730 | +5,853% |
| Amounts payable | 17/49 | €543,253 | €510,955 | -€32,298 | -5.9% |
| Amounts payable after more than one year | 17 | €222,867 | €204,353 | -€18,515 | -8.3% |
| Financial debts | 170/4 | €222,867 | €204,353 | -€18,515 | -8.3% |
| Amounts payable within one year | 42/48 | €320,386 | €306,602 | -€13,784 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €18,130 | €18,515 | +€385 | +2.1% |
| Trade debts | 44 | €823 | €33,354 | +€32,531 | +3,953% |
| Suppliers | 440/4 | €823 | €33,354 | +€32,531 | +3,953% |
| Taxes, remuneration and social security | 45 | €46,807 | €18,087 | -€28,720 | -61.4% |
| Taxes | 450/3 | €46,807 | €15,387 | -€31,420 | -67.1% |
| Remuneration and social security | 454/9 | - | €2,700 | +€2,700 | |
| Other amounts payable | 47/48 | €254,626 | €236,648 | -€17,978 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,776 | €17,402 | +€1,626 | +10.3% |
| Other operating charges | 640/8 | €4,414 | €4,544 | +€130 | +2.9% |
| Gross operating margin | 9900 | €175,378 | €163,701 | -€11,677 | -6.7% |
| Operating profit (loss) | 9901 | €155,188 | €141,755 | -€13,433 | -8.7% |
| Financial income | 75/76B | €5,182 | €13,892 | +€8,709 | +168% |
| Recurring financial income | 75 | €5,182 | €13,892 | +€8,709 | +168% |
| Financial charges | 65/66B | €9,633 | €8,529 | -€1,105 | -11.5% |
| Recurring financial charges | 65 | €9,633 | €8,529 | -€1,105 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €150,737 | €147,118 | -€3,619 | -2.4% |
| Income taxes | 67/77 | €32,745 | €32,388 | -€357 | -1.1% |
| Profit (loss) for the period | 9904 | €117,992 | €114,730 | -€3,262 | -2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €117,992 | €114,730 | -€3,262 | -2.8% |
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 23 October 2026 via checked.be.