Borghs Interieur: 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.
Borghs Interieur
Largest movements
- Receivables within one year -€12,595
down €12,595 (-49.9%), from €25,219 to €12,624
of which Trade receivables: -€13,805
- Cash -€9,061
down €9,061 (-11.6%), from €78,275 to €69,214
mainly Contributions, distributions and other (-€90,001) and Advances received (-€11,127)
- Stocks and contracts -€6,784
down €6,784 (-100%), from €6,784 to €0
- Reserves -€66,554
down €66,554 (-77.6%), from €85,751 to €19,197
- Other debts +€51,402
up €51,402 (+24,752%), from €208 to €51,610
- Advances received -€11,127
down €11,127 (-100%), from €11,127 to €0
- Debts after one year -€10,000
down €10,000 (-100%), from €10,000 to €0
- Short-term financial debts +€10,000
new in 2025: €10,000
- Gross operating margin -€26,960
down €26,960 (-46.8%), from €57,655 to €30,695
- Taxes -€2,712
down €2,712 (-30.3%), from €8,938 to €6,225
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 | €111,558 | €82,586 | -€28,971 | -26.0% |
| Fixed assets | 21/28 | €1,279 | €747 | -€531 | -41.5% |
| Tangible fixed assets | 22/27 | €1,279 | €747 | -€531 | -41.5% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €1,279 | €747 | -€531 | -41.5% |
| Current assets | 29/58 | €110,279 | €81,839 | -€28,440 | -25.8% |
| Stocks and contracts in progress | 3 | €6,784 | €0 | -€6,784 | -100% |
| Stocks | 30/36 | €6,784 | €0 | -€6,784 | -100% |
| Amounts receivable within one year | 40/41 | €25,219 | €12,624 | -€12,595 | -49.9% |
| Trade receivables | 40 | €20,271 | €6,465 | -€13,805 | -68.1% |
| Other amounts receivable | 41 | €4,949 | €6,159 | +€1,210 | +24.5% |
| Cash at bank and in hand | 54/58 | €78,275 | €69,214 | -€9,061 | -11.6% |
| Total equity and liabilities | 10/49 | €111,558 | €82,586 | -€28,971 | -26.0% |
| Equity | 10/15 | €86,751 | €20,197 | -€66,554 | -76.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €85,751 | €19,197 | -€66,554 | -77.6% |
| Distributable reserves | 133 | €85,751 | €19,197 | -€66,554 | -77.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €24,807 | €62,389 | +€37,583 | +152% |
| Amounts payable after more than one year | 17 | €10,000 | €0 | -€10,000 | -100% |
| Financial debts | 170/4 | €10,000 | €0 | -€10,000 | -100% |
| Amounts payable within one year | 42/48 | €14,807 | €62,389 | +€47,583 | +321% |
| Financial debts | 43 | - | €10,000 | +€10,000 | |
| Other loans | 439 | - | €10,000 | +€10,000 | |
| Trade debts | 44 | €3,472 | €780 | -€2,692 | -77.5% |
| Suppliers | 440/4 | €3,472 | €780 | -€2,692 | -77.5% |
| Advances received on contracts in progress | 46 | €11,127 | €0 | -€11,127 | -100% |
| Other amounts payable | 47/48 | €208 | €51,610 | +€51,402 | +24,752% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €315 | €531 | +€216 | +68.7% |
| Other operating charges | 640/8 | €991 | €693 | -€298 | -30.0% |
| Gross operating margin | 9900 | €57,655 | €30,695 | -€26,960 | -46.8% |
| Operating profit (loss) | 9901 | €56,349 | €29,470 | -€26,879 | -47.7% |
| Financial income | 75/76B | €300 | €498 | +€198 | +65.9% |
| Recurring financial income | 75 | €300 | €498 | +€198 | +65.9% |
| Financial charges | 65/66B | €495 | €297 | -€198 | -40.0% |
| Recurring financial charges | 65 | €495 | €297 | -€198 | -40.0% |
| Profit (loss) for the period before taxes | 9903 | €56,155 | €29,672 | -€26,483 | -47.2% |
| Income taxes | 67/77 | €8,938 | €6,225 | -€2,712 | -30.3% |
| Profit (loss) for the period | 9904 | €47,217 | €23,447 | -€23,770 | -50.3% |
| Profit (loss) for the period to be appropriated | 9905 | €47,217 | €23,447 | -€23,770 | -50.3% |
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 17 October 2026 via checked.be.