BOGHMANS: 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.
BOGHMANS
Largest movements
- Tangible fixed assets -€10,263
down €10,263 (-3.8%), from €271,697 to €261,434
- Other debts -€17,874
down €17,874 (-65.5%), from €27,272 to €9,398
- Debts after one year -€17,178
down €17,178 (-11.3%), from €151,436 to €134,258
- Reserves +€15,500
up €15,500 (+61.5%), from €25,200 to €40,700
- Tax, wage and social debts +€4,875
up €4,875 (+66.3%), from €7,353 to €12,228
- Trade debts +€4,643
up €4,643 (+90.6%), from €5,126 to €9,769
- Gross operating margin +€11,401
up €11,401 (+34.0%), from €33,499 to €44,900
- Taxes +€4,122
up €4,122 (+89.1%), from €4,626 to €8,749
- Financial charges -€608
down €608 (-7.0%), from €8,652 to €8,044
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €277,935 | €267,140 | -€10,795 | -3.9% |
| Fixed assets | 21/28 | €271,697 | €261,434 | -€10,263 | -3.8% |
| Tangible fixed assets | 22/27 | €271,697 | €261,434 | -€10,263 | -3.8% |
| Land and buildings | 22 | €271,697 | €261,434 | -€10,263 | -3.8% |
| Current assets | 29/58 | €6,239 | €5,706 | -€532 | -8.5% |
| Amounts receivable within one year | 40/41 | €6,239 | €5,706 | -€532 | -8.5% |
| Trade receivables | 40 | €4,884 | €4,643 | -€241 | -4.9% |
| Other amounts receivable | 41 | €1,355 | €1,064 | -€291 | -21.5% |
| Total equity and liabilities | 10/49 | €277,935 | €267,140 | -€10,795 | -3.9% |
| Equity | 10/15 | €40,289 | €56,197 | +€15,908 | +39.5% |
| Contributions | 10/11 | €11,000 | €11,000 | = | 0.0% |
| Reserves | 13 | €25,200 | €40,700 | +€15,500 | +61.5% |
| Distributable reserves | 133 | €25,200 | €40,700 | +€15,500 | +61.5% |
| Profit (loss) carried forward | 14 | €4,089 | €4,497 | +€408 | +10.0% |
| Amounts payable | 17/49 | €237,647 | €210,943 | -€26,703 | -11.2% |
| Amounts payable after more than one year | 17 | €151,436 | €134,258 | -€17,178 | -11.3% |
| Financial debts | 170/4 | €151,436 | €134,258 | -€17,178 | -11.3% |
| Amounts payable within one year | 42/48 | €86,210 | €76,685 | -€9,525 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €17,964 | €17,178 | -€786 | -4.4% |
| Financial debts | 43 | €28,495 | €28,112 | -€383 | -1.3% |
| Credit institutions | 430/8 | €28,495 | €28,112 | -€383 | -1.3% |
| Trade debts | 44 | €5,126 | €9,769 | +€4,643 | +90.6% |
| Suppliers | 440/4 | €5,126 | €9,769 | +€4,643 | +90.6% |
| Taxes, remuneration and social security | 45 | €7,353 | €12,228 | +€4,875 | +66.3% |
| Taxes | 450/3 | €7,353 | €12,228 | +€4,875 | +66.3% |
| Other amounts payable | 47/48 | €27,272 | €9,398 | -€17,874 | -65.5% |
| Non-recurring operating income | 76A | - | €2,368 | +€2,368 | |
| Remuneration, social security and pensions | 62 | - | €80 | +€80 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,263 | €10,263 | = | 0.0% |
| Other operating charges | 640/8 | €2,013 | €1,877 | -€137 | -6.8% |
| Gross operating margin | 9900 | €33,499 | €44,900 | +€11,401 | +34.0% |
| Operating profit (loss) | 9901 | €21,223 | €32,680 | +€11,457 | +54.0% |
| Financial income | 75/76B | €2 | €21 | +€19 | +1,173% |
| Recurring financial income | 75 | €2 | €21 | +€19 | +1,173% |
| Financial charges | 65/66B | €8,652 | €8,044 | -€608 | -7.0% |
| Recurring financial charges | 65 | €8,652 | €8,044 | -€608 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €12,572 | €24,657 | +€12,084 | +96.1% |
| Income taxes | 67/77 | €4,626 | €8,749 | +€4,122 | +89.1% |
| Profit (loss) for the period | 9904 | €7,946 | €15,908 | +€7,962 | +100% |
| Profit (loss) for the period to be appropriated | 9905 | €7,946 | €15,908 | +€7,962 | +100% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.