BOGAERTS ELEKTRO: 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.
BOGAERTS ELEKTRO
Largest movements
- Cash -€8,000
down €8,000 (-98.2%), from €8,145 to €145
mainly Short-term financial debts (-€10,404) and Receivables within one year (-€6,881)
- Receivables within one year +€6,881
up €6,881 (+7.5%), from €91,369 to €98,249
of which Other amounts receivable: +€6,848
- Stocks and contracts +€5,500
up €5,500 (+25.6%), from €21,500 to €27,000
of which Stocks: +€3,500
- Profit (loss) carried forward +€15,689
up €15,689 (+43.9%), from €35,725 to €51,414
- Short-term financial debts -€10,404
down €10,404 (-100%), from €10,404 to €0
- Tax, wage and social debts -€1,797
down €1,797 (-36.4%), from €4,939 to €3,141
- Financial charges -€5,612
down €5,612 (-61.7%), from €9,088 to €3,477
- Gross operating margin -€2,189
down €2,189 (-7.8%), from €28,062 to €25,874
- Financial income -€1,808
down €1,808 (-86.4%), from €2,094 to €286
- Other operating charges -€1,532
down €1,532 (-64.3%), from €2,382 to €850
- Depreciation +€997
up €997 (+95.2%), from €1,048 to €2,045
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 | €172,608 | €176,582 | +€3,974 | +2.3% |
| Fixed assets | 21/28 | €1,594 | €1,187 | -€407 | -25.5% |
| Tangible fixed assets | 22/27 | €1,594 | €1,187 | -€407 | -25.5% |
| Land and buildings | 22 | €1,375 | €1,187 | -€187 | -13.6% |
| Plant, machinery and equipment | 23 | €219 | €0 | -€219 | -100% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €171,014 | €175,394 | +€4,381 | +2.6% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €21,500 | €27,000 | +€5,500 | +25.6% |
| Stocks | 30/36 | €11,500 | €15,000 | +€3,500 | +30.4% |
| Contracts in progress | 37 | €10,000 | €12,000 | +€2,000 | +20.0% |
| Amounts receivable within one year | 40/41 | €91,369 | €98,249 | +€6,881 | +7.5% |
| Trade receivables | 40 | €45,641 | €45,673 | +€33 | +0.1% |
| Other amounts receivable | 41 | €45,728 | €52,576 | +€6,848 | +15.0% |
| Cash at bank and in hand | 54/58 | €8,145 | €145 | -€8,000 | -98.2% |
| Total equity and liabilities | 10/49 | €172,608 | €176,582 | +€3,974 | +2.3% |
| Equity | 10/15 | €135,746 | €151,436 | +€15,689 | +11.6% |
| Contributions | 10/11 | €12,697 | €12,697 | = | 0.0% |
| Reserves | 13 | €87,324 | €87,324 | = | 0.0% |
| Distributable reserves | 133 | €87,324 | €87,324 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,725 | €51,414 | +€15,689 | +43.9% |
| Amounts payable | 17/49 | €36,861 | €25,146 | -€11,715 | -31.8% |
| Amounts payable within one year | 42/48 | €36,861 | €25,146 | -€11,715 | -31.8% |
| Financial debts | 43 | €10,404 | €0 | -€10,404 | -100% |
| Credit institutions | 430/8 | €10,404 | €0 | -€10,404 | -100% |
| Trade debts | 44 | €21,518 | €22,005 | +€486 | +2.3% |
| Suppliers | 440/4 | €21,518 | €22,005 | +€486 | +2.3% |
| Taxes, remuneration and social security | 45 | €4,939 | €3,141 | -€1,797 | -36.4% |
| Taxes | 450/3 | €4,939 | €3,141 | -€1,797 | -36.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | -€23 | €0 | +€23 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,048 | €2,045 | +€997 | +95.2% |
| Other operating charges | 640/8 | €2,382 | €850 | -€1,532 | -64.3% |
| Gross operating margin | 9900 | €28,062 | €25,874 | -€2,189 | -7.8% |
| Operating profit (loss) | 9901 | €24,655 | €22,979 | -€1,677 | -6.8% |
| Financial income | 75/76B | €2,094 | €286 | -€1,808 | -86.4% |
| Recurring financial income | 75 | €2,094 | €286 | -€1,808 | -86.4% |
| Financial charges | 65/66B | €9,088 | €3,477 | -€5,612 | -61.7% |
| Recurring financial charges | 65 | €9,088 | €3,477 | -€5,612 | -61.7% |
| Profit (loss) for the period before taxes | 9903 | €17,661 | €19,787 | +€2,126 | +12.0% |
| Income taxes | 67/77 | €5,042 | €4,098 | -€944 | -18.7% |
| Profit (loss) for the period | 9904 | €12,619 | €15,689 | +€3,070 | +24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,619 | €15,689 | +€3,070 | +24.3% |
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 25 October 2026 via checked.be.