BOGONAM: 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.
BOGONAM
Largest movements
- Cash -€60,994
down €60,994 (-97.7%), from €62,399 to €1,405
mainly Net result for the year (-€49,998) and Receivables within one year (-€8,108)
- Receivables within one year +€8,108
up €8,108 (+68.3%), from €11,865 to €19,973
- Current investments +€1,427
new in 2024: €1,427
- Tangible fixed assets -€1,260
down €1,260 (-33.3%), from €3,780 to €2,520
- Profit (loss) carried forward -€49,998
down €49,998 (-73.9%), from €67,677 to €17,679
- Tax, wage and social debts -€4,853
no longer reported in 2024 (was €4,853)
of which Remuneration and social security: -€2,601
- Trade debts +€1,030
up €1,030 (+41.7%), from €2,470 to €3,500
- Gross operating margin -€57,486
down €57,486, from €23,380 to -€34,106
- Taxes +€13,894
new in 2024: €13,894
- Financial charges -€3,138
down €3,138 (-96.4%), from €3,256 to €118
of which Non-recurring financial charges: -€3,187
- Other operating charges -€719
down €719 (-81.4%), from €883 to €164
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.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €78,500 | €25,325 | -€53,175 | -67.7% |
| Formation expenses | 20 | €456 | - | -€456 | |
| Fixed assets | 21/28 | €3,780 | €2,520 | -€1,260 | -33.3% |
| Tangible fixed assets | 22/27 | €3,780 | €2,520 | -€1,260 | -33.3% |
| Plant, machinery and equipment | 23 | €3,780 | €2,520 | -€1,260 | -33.3% |
| Current assets | 29/58 | €74,264 | €22,805 | -€51,459 | -69.3% |
| Amounts receivable within one year | 40/41 | €11,865 | €19,973 | +€8,108 | +68.3% |
| Other amounts receivable | 41 | €11,865 | €19,973 | +€8,108 | +68.3% |
| Current investments | 50/53 | - | €1,427 | +€1,427 | |
| Cash at bank and in hand | 54/58 | €62,399 | €1,405 | -€60,994 | -97.7% |
| Total equity and liabilities | 10/49 | €78,500 | €25,325 | -€53,175 | -67.7% |
| Equity | 10/15 | €71,177 | €21,179 | -€49,998 | -70.2% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Capital | 10 | €3,500 | €3,500 | = | 0.0% |
| Issued capital | 100 | €3,500 | €3,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,677 | €17,679 | -€49,998 | -73.9% |
| Amounts payable | 17/49 | €7,323 | €4,146 | -€3,177 | -43.4% |
| Amounts payable within one year | 42/48 | €7,323 | €4,146 | -€3,177 | -43.4% |
| Financial debts | 43 | - | €646 | +€646 | |
| Credit institutions | 430/8 | - | €646 | +€646 | |
| Trade debts | 44 | €2,470 | €3,500 | +€1,030 | +41.7% |
| Suppliers | 440/4 | €2,470 | €3,500 | +€1,030 | +41.7% |
| Taxes, remuneration and social security | 45 | €4,853 | - | -€4,853 | |
| Taxes | 450/3 | €2,252 | - | -€2,252 | |
| Remuneration and social security | 454/9 | €2,601 | - | -€2,601 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,716 | €1,716 | = | 0.0% |
| Other operating charges | 640/8 | €883 | €164 | -€719 | -81.4% |
| Gross operating margin | 9900 | €23,380 | -€34,106 | -€57,486 | |
| Operating profit (loss) | 9901 | €20,781 | -€35,986 | -€56,767 | |
| Financial income | 75/76B | €125 | - | -€125 | |
| Recurring financial income | 75 | €125 | - | -€125 | |
| Non-recurring financial income | 76B | €125 | - | -€125 | |
| Financial charges | 65/66B | €3,256 | €118 | -€3,138 | -96.4% |
| Recurring financial charges | 65 | €69 | €118 | +€49 | +71.0% |
| Non-recurring financial charges | 66B | €3,187 | - | -€3,187 | |
| Profit (loss) for the period before taxes | 9903 | €17,650 | -€36,104 | -€53,754 | |
| Income taxes | 67/77 | - | €13,894 | +€13,894 | |
| Profit (loss) for the period | 9904 | €17,650 | -€49,998 | -€67,648 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,650 | -€49,998 | -€67,648 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.