BOGIS: 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.
What changed
BOGIS
NACE 68.321, Property management for co-owned buildings (syndics)
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€2,420
2023 · -€28,884+€26,464
Equity
€827,039
2023 · €829,459-€2,420
Cash
€86,321
2023 · €46,913+€39,408
Balance sheet total
€3.1m
2023 · €3.1m+€3,474
Largest movements
Assets
- Cash +€39,408
up €39,408 (+84.0%), from €46,913 to €86,321
mainly Depreciation (+€226,575) and Current portion of long-term debt (+€21,028)
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Gross operating margin +€84,099
up €84,099 (+34.5%), from €243,805 to €327,904
- Depreciation +€25,551
up €25,551 (+12.7%), from €201,024 to €226,575
- Financial charges +€20,761
up €20,761 (+42.8%), from €48,528 to €69,289
- Taxes +€6,087
up €6,087 (+14.7%), from €41,431 to €47,518
- Financial income -€4,796
down €4,796 (-91.4%), from €5,248 to €453
From the 2023 result to the 2024 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.
Result 2023
-€28,884
Gross operating margin
+€84,099
Staff costs
-€853
Depreciation
-€25,551
Other operating charges
+€411
Financial income
-€4,796
Financial charges
-€20,761
Taxes
-€6,087
Result 2024
-€2,420
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€201,846
Investment
-€200,978
Financing
+€38,540
Cash 2023
€46,913
From operations (derived)
+€201,846
Net result for the year
-€2,420
Depreciation
+€226,575
Receivables within one year
+€8,437
Deferred charges and accrued income
+€1,900
Provisions
-€16,260
Trade debts
+€10,834
Tax, wage and social debts
-€8,369
Other debts
-€18,852
Investment (derived)
-€200,978
Investment in fixed assets (net)
-€200,978
Financing
+€38,540
Debts after one year
+€17,512
Current portion of long-term debt
+€21,028
Cash 2024
€86,321
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,131,995 | €3,135,469 | +€3,474 | +0.1% |
| Fixed assets | 21/28 | €3,022,799 | €2,997,201 | -€25,597 | -0.8% |
| Tangible fixed assets | 22/27 | €3,022,799 | €2,995,051 | -€27,747 | -0.9% |
| Land and buildings | 22 | €3,002,953 | €2,818,667 | -€184,286 | -6.1% |
| Furniture and vehicles | 24 | €9,349 | €157,111 | +€147,762 | +1580.6% |
| Other tangible fixed assets | 26 | €10,497 | €19,274 | +€8,776 | +83.6% |
| Financial fixed assets | 28 | - | €2,150 | +€2,150 | |
| Current assets | 29/58 | €109,196 | €138,268 | +€29,071 | +26.6% |
| Amounts receivable within one year | 40/41 | €56,538 | €48,101 | -€8,437 | -14.9% |
| Trade receivables | 40 | €47,242 | €20,145 | -€27,096 | -57.4% |
| Other amounts receivable | 41 | €9,296 | €27,956 | +€18,660 | +200.7% |
| Cash at bank and in hand | 54/58 | €46,913 | €86,321 | +€39,408 | +84.0% |
| Deferred charges and accrued income | 490/1 | €5,746 | €3,846 | -€1,900 | -33.1% |
| Total equity and liabilities | 10/49 | €3,131,995 | €3,135,469 | +€3,474 | +0.1% |
| Equity | 10/15 | €829,459 | €827,039 | -€2,420 | -0.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Uncalled capital | 101 | €0 | - | = | |
| Reserves | 13 | €767,958 | €765,179 | -€2,779 | -0.4% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €693,715 | €644,936 | -€48,779 | -7.0% |
| Distributable reserves | 133 | €68,093 | €114,093 | +€46,000 | +67.6% |
| Profit (loss) carried forward | 14 | €1 | €361 | +€359 | +32090.2% |
| Provisions and deferred taxes | 16 | €231,238 | €214,979 | -€16,260 | -7.0% |
| Deferred taxes | 168 | €231,238 | €214,979 | -€16,260 | -7.0% |
| Amounts payable | 17/49 | €2,071,297 | €2,093,451 | +€22,154 | +1.1% |
| Amounts payable after more than one year | 17 | €1,862,620 | €1,880,133 | +€17,512 | +0.9% |
| Financial debts | 170/4 | €1,845,656 | €1,863,169 | +€17,512 | +0.9% |
| Other amounts payable | 178/9 | €16,964 | €16,964 | = | 0.0% |
| Amounts payable within one year | 42/48 | €208,677 | €213,319 | +€4,641 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €140,763 | €161,791 | +€21,028 | +14.9% |
| Trade debts | 44 | €5,070 | €15,905 | +€10,834 | +213.7% |
| Suppliers | 440/4 | €5,070 | €15,905 | +€10,834 | +213.7% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €41,992 | €33,623 | -€8,369 | -19.9% |
| Taxes | 450/3 | €41,992 | €33,623 | -€8,369 | -19.9% |
| Other amounts payable | 47/48 | €20,852 | €2,000 | -€18,852 | -90.4% |
| Remuneration, social security and pensions | 62 | - | €853 | +€853 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €201,024 | €226,575 | +€25,551 | +12.7% |
| Other operating charges | 640/8 | €3,213 | €2,802 | -€411 | -12.8% |
| Gross operating margin | 9900 | €243,805 | €327,904 | +€84,099 | +34.5% |
| Operating profit (loss) | 9901 | €39,567 | €97,674 | +€58,107 | +146.9% |
| Financial income | 75/76B | €5,248 | €453 | -€4,796 | -91.4% |
| Recurring financial income | 75 | €5,248 | €453 | -€4,796 | -91.4% |
| Financial charges | 65/66B | €48,528 | €69,289 | +€20,761 | +42.8% |
| Recurring financial charges | 65 | €48,528 | €69,289 | +€20,761 | +42.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,712 | €28,838 | +€32,550 | |
| Transfer from deferred taxes | 780 | €16,260 | €16,260 | = | 0.0% |
| Income taxes | 67/77 | €41,431 | €47,518 | +€6,087 | +14.7% |
| Profit (loss) for the period | 9904 | -€28,884 | -€2,420 | +€26,464 | +91.6% |
| Transfer from tax-exempt reserves | 789 | €48,779 | €48,779 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,896 | €46,359 | +€26,464 | +133.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.