A Bocca: 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.
A Bocca
Largest movements
- Cash +€86,312
up €86,312 (+46.2%), from €186,979 to €273,291
mainly Net result for the year (+€125,650) and Other debts (+€86,823)
- Financial fixed assets -€43,018
down €43,018 (-96.0%), from €44,818 to €1,800
- Receivables within one year +€42,467
up €42,467 (+18.1%), from €234,700 to €277,168
of which Trade receivables: +€61,388
- Tangible fixed assets -€24,776
down €24,776 (-2.7%), from €903,302 to €878,526
of which Furniture and vehicles: -€53,162
- Other debts +€86,823
up €86,823 (+64.4%), from €134,869 to €221,692
- Debts after one year -€74,346
down €74,346 (-11.8%), from €631,125 to €556,779
- Reserves +€40,535
up €40,535 (+9.9%), from €408,363 to €448,898
of which Distributable reserves: +€40,535
- Tax, wage and social debts +€30,651
up €30,651 (+204.1%), from €15,015 to €45,667
of which Taxes: +€29,469
- Current portion of long-term debt -€27,208
down €27,208 (-33.6%), from €80,972 to €53,764
- Gross operating margin +€81,592
up €81,592 (+28.6%), from €285,064 to €366,656
- Staff costs -€48,253
down €48,253 (-33.1%), from €145,783 to €97,530
- Taxes +€47,178
up €47,178 (+1186.9%), from €3,975 to €51,153
- Depreciation -€33,623
down €33,623 (-35.2%), from €95,565 to €61,942
- Other operating charges -€4,331
down €4,331 (-43.7%), from €9,920 to €5,589
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 | €1,395,808 | €1,453,871 | +€58,063 | +4.2% |
| Fixed assets | 21/28 | €948,120 | €880,326 | -€67,794 | -7.2% |
| Tangible fixed assets | 22/27 | €903,302 | €878,526 | -€24,776 | -2.7% |
| Land and buildings | 22 | €817,410 | €787,081 | -€30,329 | -3.7% |
| Plant, machinery and equipment | 23 | €18,714 | €81,141 | +€62,427 | +333.6% |
| Furniture and vehicles | 24 | €60,879 | €7,717 | -€53,162 | -87.3% |
| Other tangible fixed assets | 26 | €6,299 | €2,587 | -€3,712 | -58.9% |
| Financial fixed assets | 28 | €44,818 | €1,800 | -€43,018 | -96.0% |
| Current assets | 29/58 | €447,689 | €573,546 | +€125,857 | +28.1% |
| Stocks and contracts in progress | 3 | €16,880 | €14,910 | -€1,970 | -11.7% |
| Stocks | 30/36 | €16,880 | €14,910 | -€1,970 | -11.7% |
| Amounts receivable within one year | 40/41 | €234,700 | €277,168 | +€42,467 | +18.1% |
| Trade receivables | 40 | €101,961 | €163,349 | +€61,388 | +60.2% |
| Other amounts receivable | 41 | €132,739 | €113,819 | -€18,920 | -14.3% |
| Cash at bank and in hand | 54/58 | €186,979 | €273,291 | +€86,312 | +46.2% |
| Deferred charges and accrued income | 490/1 | €9,129 | €8,176 | -€953 | -10.4% |
| Total equity and liabilities | 10/49 | €1,395,808 | €1,453,871 | +€58,063 | +4.2% |
| Equity | 10/15 | €426,963 | €467,498 | +€40,535 | +9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €408,363 | €448,898 | +€40,535 | +9.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €408,363 | €448,898 | +€40,535 | +9.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €968,845 | €986,373 | +€17,528 | +1.8% |
| Amounts payable after more than one year | 17 | €631,125 | €556,779 | -€74,346 | -11.8% |
| Financial debts | 170/4 | €631,125 | €556,779 | -€74,346 | -11.8% |
| Amounts payable within one year | 42/48 | €337,721 | €429,594 | +€91,873 | +27.2% |
| Current portion of amounts payable after more than one year | 42 | €80,972 | €53,764 | -€27,208 | -33.6% |
| Financial debts | 43 | €10,502 | €4,719 | -€5,783 | -55.1% |
| Credit institutions | 430/8 | €10,502 | €4,719 | -€5,783 | -55.1% |
| Trade debts | 44 | €96,362 | €103,753 | +€7,390 | +7.7% |
| Suppliers | 440/4 | €96,362 | €103,753 | +€7,390 | +7.7% |
| Taxes, remuneration and social security | 45 | €15,015 | €45,667 | +€30,651 | +204.1% |
| Taxes | 450/3 | €4,015 | €33,483 | +€29,469 | +734.0% |
| Remuneration and social security | 454/9 | €11,001 | €12,184 | +€1,183 | +10.8% |
| Other amounts payable | 47/48 | €134,869 | €221,692 | +€86,823 | +64.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €1,461 | +€1,461 | |
| Remuneration, social security and pensions | 62 | €145,783 | €97,530 | -€48,253 | -33.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,565 | €61,942 | -€33,623 | -35.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €9,920 | €5,589 | -€4,331 | -43.7% |
| Gross operating margin | 9900 | €285,064 | €366,656 | +€81,592 | +28.6% |
| Operating profit (loss) | 9901 | €33,797 | €201,595 | +€167,798 | +496.5% |
| Financial income | 75/76B | €9,474 | €8,765 | -€709 | -7.5% |
| Recurring financial income | 75 | €9,474 | €8,765 | -€709 | -7.5% |
| Financial charges | 65/66B | €31,539 | €33,558 | +€2,019 | +6.4% |
| Recurring financial charges | 65 | €31,539 | €33,558 | +€2,019 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €11,732 | €176,802 | +€165,070 | +1407.0% |
| Income taxes | 67/77 | €3,975 | €51,153 | +€47,178 | +1186.9% |
| Profit (loss) for the period | 9904 | €7,757 | €125,650 | +€117,893 | +1519.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,757 | €125,650 | +€117,893 | +1519.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.