BOGEBE: 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.
BOGEBE
Largest movements
- Receivables within one year +€31,806
up €31,806 (+13.3%), from €238,487 to €270,293
of which Other amounts receivable: +€31,473
- Deferred charges and accrued income +€26,665
up €26,665 (+32.7%), from €81,555 to €108,220
- Tangible fixed assets -€17,086
down €17,086 (-35.3%), from €48,422 to €31,336
of which Furniture and vehicles: -€13,334
- Reserves +€27,922
up €27,922 (+8.9%), from €314,318 to €342,240
of which Distributable reserves: +€27,922
- Other debts +€14,419
up €14,419 (+32.6%), from €44,166 to €58,586
- Current portion of long-term debt -€6,101
down €6,101 (-74.8%), from €8,157 to €2,056
- Gross operating margin +€14,394
up €14,394 (+37.6%), from €38,279 to €52,673
- Taxes +€2,792
new in 2025: €2,792
- Financial income +€542
up €542 (+9.4%), from €5,748 to €6,290
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 | €387,238 | €425,302 | +€38,064 | +9.8% |
| Fixed assets | 21/28 | €48,422 | €31,336 | -€17,086 | -35.3% |
| Tangible fixed assets | 22/27 | €48,422 | €31,336 | -€17,086 | -35.3% |
| Land and buildings | 22 | €29,320 | €25,938 | -€3,382 | -11.5% |
| Plant, machinery and equipment | 23 | €1,738 | €1,368 | -€370 | -21.3% |
| Furniture and vehicles | 24 | €17,363 | €4,029 | -€13,334 | -76.8% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €338,816 | €393,966 | +€55,150 | +16.3% |
| Amounts receivable within one year | 40/41 | €238,487 | €270,293 | +€31,806 | +13.3% |
| Trade receivables | 40 | €46,873 | €47,205 | +€333 | +0.7% |
| Other amounts receivable | 41 | €191,614 | €223,088 | +€31,473 | +16.4% |
| Cash at bank and in hand | 54/58 | €18,773 | €15,453 | -€3,320 | -17.7% |
| Deferred charges and accrued income | 490/1 | €81,555 | €108,220 | +€26,665 | +32.7% |
| Total equity and liabilities | 10/49 | €387,238 | €425,302 | +€38,064 | +9.8% |
| Equity | 10/15 | €329,934 | €360,840 | +€30,906 | +9.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €314,318 | €342,240 | +€27,922 | +8.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €312,458 | €340,380 | +€27,922 | +8.9% |
| Profit (loss) carried forward | 14 | -€2,984 | €0 | +€2,984 | |
| Amounts payable | 17/49 | €57,304 | €64,462 | +€7,158 | +12.5% |
| Amounts payable after more than one year | 17 | €2,740 | €0 | -€2,740 | -100% |
| Financial debts | 170/4 | €2,740 | €0 | -€2,740 | -100% |
| Amounts payable within one year | 42/48 | €54,564 | €64,462 | +€9,898 | +18.1% |
| Current portion of amounts payable after more than one year | 42 | €8,157 | €2,056 | -€6,101 | -74.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,126 | €929 | -€1,197 | -56.3% |
| Suppliers | 440/4 | €2,126 | €929 | -€1,197 | -56.3% |
| Taxes, remuneration and social security | 45 | €115 | €2,891 | +€2,776 | +2,421% |
| Taxes | 450/3 | €115 | €2,891 | +€2,776 | +2,421% |
| Other amounts payable | 47/48 | €44,166 | €58,586 | +€14,419 | +32.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,176 | €22,531 | +€355 | +1.6% |
| Other operating charges | 640/8 | €2,305 | €1,983 | -€322 | -14.0% |
| Gross operating margin | 9900 | €38,279 | €52,673 | +€14,394 | +37.6% |
| Operating profit (loss) | 9901 | €13,798 | €28,159 | +€14,361 | +104% |
| Financial income | 75/76B | €5,748 | €6,290 | +€542 | +9.4% |
| Recurring financial income | 75 | €5,748 | €6,290 | +€542 | +9.4% |
| Financial charges | 65/66B | €690 | €750 | +€60 | +8.7% |
| Recurring financial charges | 65 | €690 | €750 | +€60 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | €18,856 | €33,698 | +€14,842 | +78.7% |
| Income taxes | 67/77 | - | €2,792 | +€2,792 | |
| Profit (loss) for the period | 9904 | €18,856 | €30,906 | +€12,050 | +63.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,856 | €30,906 | +€12,050 | +63.9% |
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 17 October 2026 via checked.be.