BOGAMI: 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.
BOGAMI
Largest movements
- Cash +€33,683
up €33,683 (+155.9%), from €21,605 to €55,289
mainly Net result for the year (+€54,175) and Other debts (+€39,702)
- Receivables after one year -€28,908
down €28,908 (-52.6%), from €55,000 to €26,092
- Tangible fixed assets -€5,933
down €5,933 (-7.5%), from €79,519 to €73,586
of which Leasing and similar rights: -€14,553
- Receivables within one year +€4,375
up €4,375 (+31.9%), from €13,700 to €18,075
of which Trade receivables: +€7,103
- Other debts +€39,702
up €39,702 (+2692.9%), from €1,474 to €41,176
- Reserves -€19,011
down €19,011 (-21.4%), from €88,641 to €69,630
- Debts after one year -€12,508
down €12,508 (-39.0%), from €32,049 to €19,540
- Trade debts -€9,766
down €9,766 (-83.4%), from €11,715 to €1,949
- Tax, wage and social debts +€5,331
up €5,331 (+84.2%), from €6,332 to €11,662
- Gross operating margin +€57,211
up €57,211 (+184.9%), from €30,934 to €88,145
- Taxes +€11,925
up €11,925 (+693.2%), from €1,720 to €13,646
- Financial charges -€2,334
down €2,334 (-56.9%), from €4,102 to €1,768
- Depreciation +€1,086
up €1,086 (+5.8%), from €18,672 to €19,758
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.
Cash bridge derived
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 | €174,290 | €178,437 | +€4,146 | +2.4% |
| Fixed assets | 21/28 | €79,519 | €73,586 | -€5,933 | -7.5% |
| Tangible fixed assets | 22/27 | €79,519 | €73,586 | -€5,933 | -7.5% |
| Land and buildings | 22 | €23,899 | €23,067 | -€832 | -3.5% |
| Plant, machinery and equipment | 23 | €18,782 | €16,179 | -€2,603 | -13.9% |
| Furniture and vehicles | 24 | €515 | €2,070 | +€1,555 | +301.9% |
| Leasing and similar rights | 25 | €36,323 | €21,770 | -€14,553 | -40.1% |
| Assets under construction and advance payments | 27 | - | €10,500 | +€10,500 | |
| Current assets | 29/58 | €94,771 | €104,851 | +€10,080 | +10.6% |
| Amounts receivable after more than one year | 29 | €55,000 | €26,092 | -€28,908 | -52.6% |
| Other amounts receivable | 291 | €55,000 | €26,092 | -€28,908 | -52.6% |
| Amounts receivable within one year | 40/41 | €13,700 | €18,075 | +€4,375 | +31.9% |
| Trade receivables | 40 | - | €7,103 | +€7,103 | |
| Other amounts receivable | 41 | €13,700 | €10,972 | -€2,728 | -19.9% |
| Cash at bank and in hand | 54/58 | €21,605 | €55,289 | +€33,683 | +155.9% |
| Deferred charges and accrued income | 490/1 | €4,465 | €5,395 | +€929 | +20.8% |
| Total equity and liabilities | 10/49 | €174,290 | €178,437 | +€4,146 | +2.4% |
| Equity | 10/15 | €107,236 | €88,225 | -€19,011 | -17.7% |
| Contributions | 10/11 | €18,595 | €18,595 | = | 0.0% |
| Reserves | 13 | €88,641 | €69,630 | -€19,011 | -21.4% |
| Distributable reserves | 133 | €88,641 | €69,630 | -€19,011 | -21.4% |
| Amounts payable | 17/49 | €67,055 | €90,211 | +€23,157 | +34.5% |
| Amounts payable after more than one year | 17 | €32,049 | €19,540 | -€12,508 | -39.0% |
| Financial debts | 170/4 | €32,049 | €19,540 | -€12,508 | -39.0% |
| Amounts payable within one year | 42/48 | €35,006 | €70,671 | +€35,665 | +101.9% |
| Current portion of amounts payable after more than one year | 42 | €15,485 | €15,884 | +€398 | +2.6% |
| Trade debts | 44 | €11,715 | €1,949 | -€9,766 | -83.4% |
| Suppliers | 440/4 | €11,715 | €1,949 | -€9,766 | -83.4% |
| Taxes, remuneration and social security | 45 | €6,332 | €11,662 | +€5,331 | +84.2% |
| Taxes | 450/3 | €6,332 | €11,662 | +€5,331 | +84.2% |
| Other amounts payable | 47/48 | €1,474 | €41,176 | +€39,702 | +2692.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,672 | €19,758 | +€1,086 | +5.8% |
| Other operating charges | 640/8 | €303 | €311 | +€9 | +2.9% |
| Gross operating margin | 9900 | €30,934 | €88,145 | +€57,211 | +184.9% |
| Operating profit (loss) | 9901 | €11,959 | €68,075 | +€56,116 | +469.2% |
| Financial income | 75/76B | €1,442 | €1,514 | +€72 | +5.0% |
| Recurring financial income | 75 | €1,442 | €1,514 | +€72 | +5.0% |
| Financial charges | 65/66B | €4,102 | €1,768 | -€2,334 | -56.9% |
| Recurring financial charges | 65 | €4,102 | €1,768 | -€2,334 | -56.9% |
| Profit (loss) for the period before taxes | 9903 | €9,299 | €67,821 | +€58,522 | +629.3% |
| Income taxes | 67/77 | €1,720 | €13,646 | +€11,925 | +693.2% |
| Profit (loss) for the period | 9904 | €7,579 | €54,175 | +€46,596 | +614.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,579 | €54,175 | +€46,596 | +614.8% |
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 11 October 2026 via checked.be.