Bogeom: what changed
Two fiscal 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.
Bogeom
Largest movements
- Intangible fixed assets -€66,000
down €66,000 (-11.3%), from €581,580 to €515,580
- Tangible fixed assets +€44,551
up €44,551 (+47.2%), from €94,465 to €139,016
of which Land and buildings: +€62,225
- Receivables within one year -€21,849
down €21,849 (-40.9%), from €53,477 to €31,628
of which Other amounts receivable: -€49,863
- Other debts -€28,485
down €28,485 (-7.5%), from €378,646 to €350,162
- Profit (loss) carried forward -€19,729
down €19,729 (-19.3%), from -€102,459 to -€122,189
- Gross operating margin +€82,912
up €82,912, from -€8,008 to €74,904
- Depreciation +€1,285
up €1,285 (+1.4%), from €91,824 to €93,109
- Other operating charges -€1,105
down €1,105 (-52.9%), from €2,090 to €985
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 | €741,425 | €696,089 | -€45,336 | -6.1% |
| Fixed assets | 21/28 | €676,045 | €654,596 | -€21,449 | -3.2% |
| Intangible fixed assets | 21 | €581,580 | €515,580 | -€66,000 | -11.3% |
| Tangible fixed assets | 22/27 | €94,465 | €139,016 | +€44,551 | +47.2% |
| Land and buildings | 22 | - | €62,225 | +€62,225 | |
| Furniture and vehicles | 24 | €78,543 | €58,493 | -€20,050 | -25.5% |
| Other tangible fixed assets | 26 | €15,922 | €18,298 | +€2,376 | +14.9% |
| Current assets | 29/58 | €65,380 | €41,492 | -€23,888 | -36.5% |
| Amounts receivable within one year | 40/41 | €53,477 | €31,628 | -€21,849 | -40.9% |
| Trade receivables | 40 | €3,614 | €31,628 | +€28,014 | +775.1% |
| Other amounts receivable | 41 | €49,863 | - | -€49,863 | |
| Cash at bank and in hand | 54/58 | €10,141 | €7,956 | -€2,185 | -21.5% |
| Deferred charges and accrued income | 490/1 | €1,762 | €1,908 | +€146 | +8.3% |
| Total equity and liabilities | 10/49 | €741,425 | €696,089 | -€45,336 | -6.1% |
| Equity | 10/15 | €252,420 | €232,690 | -€19,729 | -7.8% |
| Contributions | 10/11 | €320,000 | €320,000 | = | 0.0% |
| Reserves | 13 | €34,879 | €34,879 | = | 0.0% |
| Distributable reserves | 133 | €34,879 | €34,879 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€102,459 | -€122,189 | -€19,729 | -19.3% |
| Amounts payable | 17/49 | €489,005 | €463,398 | -€25,607 | -5.2% |
| Amounts payable after more than one year | 17 | €110,000 | €110,000 | = | 0.0% |
| Other amounts payable | 178/9 | €110,000 | €110,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €379,005 | €353,398 | -€25,607 | -6.8% |
| Trade debts | 44 | - | €2,861 | +€2,861 | |
| Suppliers | 440/4 | - | €2,861 | +€2,861 | |
| Taxes, remuneration and social security | 45 | €359 | €375 | +€17 | +4.7% |
| Taxes | 450/3 | €359 | €375 | +€17 | +4.7% |
| Other amounts payable | 47/48 | €378,646 | €350,162 | -€28,485 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,824 | €93,109 | +€1,285 | +1.4% |
| Other operating charges | 640/8 | €2,090 | €985 | -€1,105 | -52.9% |
| Gross operating margin | 9900 | -€8,008 | €74,904 | +€82,912 | |
| Operating profit (loss) | 9901 | -€101,922 | -€19,190 | +€82,732 | +81.2% |
| Financial charges | 65/66B | €178 | €164 | -€14 | -8.0% |
| Recurring financial charges | 65 | €178 | €164 | -€14 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | -€102,101 | -€19,354 | +€82,747 | +81.0% |
| Income taxes | 67/77 | €359 | €375 | +€17 | +4.7% |
| Profit (loss) for the period | 9904 | -€102,459 | -€19,729 | +€82,730 | +80.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€102,459 | -€19,729 | +€82,730 | +80.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.