B.O.H.: 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.
B.O.H.
Largest movements
- Cash +€4,117
up €4,117 (+11.1%), from €37,231 to €41,348
mainly Net result for the year (+€5,102) and Depreciation (+€4,641)
- Receivables within one year +€1,157
up €1,157 (+4.2%), from €27,329 to €28,486
of which Trade receivables: +€1,627
- Profit (loss) carried forward +€5,102
up €5,102 (+50.0%), from -€10,214 to -€5,112
- Tax, wage and social debts +€1,814
up €1,814 (+22.7%), from €7,985 to €9,800
- Trade debts -€1,144
down €1,144 (-87.6%), from €1,306 to €162
- Gross operating margin +€11,699
up €11,699, from -€1,432 to €10,266
- Purchases and services +€8,525
up €8,525 (+12.4%), from €68,692 to €77,218
- Taxes -€5,464
no longer reported in 2025 (was €5,464)
- Depreciation +€1,526
up €1,526 (+49.0%), from €3,115 to €4,641
- Staff costs +€459
new in 2025: €459
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 | €73,047 | €78,820 | +€5,772 | +7.9% |
| Fixed assets | 21/28 | €8,038 | €8,655 | +€617 | +7.7% |
| Tangible fixed assets | 22/27 | €8,038 | €8,655 | +€617 | +7.7% |
| Plant, machinery and equipment | 23 | €46 | €3,748 | +€3,702 | +8,023% |
| Furniture and vehicles | 24 | €7,992 | €4,907 | -€3,085 | -38.6% |
| Current assets | 29/58 | €65,009 | €70,165 | +€5,155 | +7.9% |
| Amounts receivable within one year | 40/41 | €27,329 | €28,486 | +€1,157 | +4.2% |
| Trade receivables | 40 | €26,759 | €28,387 | +€1,627 | +6.1% |
| Other amounts receivable | 41 | €570 | €100 | -€471 | -82.5% |
| Cash at bank and in hand | 54/58 | €37,231 | €41,348 | +€4,117 | +11.1% |
| Deferred charges and accrued income | 490/1 | €449 | €330 | -€118 | -26.4% |
| Total equity and liabilities | 10/49 | €73,047 | €78,820 | +€5,772 | +7.9% |
| Equity | 10/15 | €63,756 | €68,858 | +€5,102 | +8.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €8,600 | €8,600 | = | 0.0% |
| Reserves | 13 | €63,970 | €63,970 | = | 0.0% |
| Distributable reserves | 133 | €63,970 | €63,970 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,214 | -€5,112 | +€5,102 | +50.0% |
| Amounts payable | 17/49 | €9,291 | €9,961 | +€670 | +7.2% |
| Amounts payable within one year | 42/48 | €9,291 | €9,961 | +€670 | +7.2% |
| Trade debts | 44 | €1,306 | €162 | -€1,144 | -87.6% |
| Suppliers | 440/4 | €1,306 | €162 | -€1,144 | -87.6% |
| Taxes, remuneration and social security | 45 | €7,985 | €9,800 | +€1,814 | +22.7% |
| Taxes | 450/3 | €7,985 | €9,800 | +€1,814 | +22.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €68,692 | €77,218 | +€8,525 | +12.4% |
| Remuneration, social security and pensions | 62 | - | €459 | +€459 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,115 | €4,641 | +€1,526 | +49.0% |
| Gross operating margin | 9900 | -€1,432 | €10,266 | +€11,699 | |
| Operating profit (loss) | 9901 | -€4,547 | €5,167 | +€9,714 | |
| Financial income | 75/76B | €116 | - | -€116 | |
| Recurring financial income | 75 | €116 | - | -€116 | |
| Non-recurring financial income | 76B | €116 | - | -€116 | |
| Financial charges | 65/66B | €319 | €64 | -€255 | -79.8% |
| Recurring financial charges | 65 | €319 | €64 | -€255 | -79.8% |
| Profit (loss) for the period before taxes | 9903 | -€4,750 | €5,102 | +€9,853 | |
| Income taxes | 67/77 | €5,464 | - | -€5,464 | |
| Profit (loss) for the period | 9904 | -€10,214 | €5,102 | +€15,316 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,214 | €5,102 | +€15,316 |
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 23 October 2026 via checked.be.