BACOFI: 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.
BACOFI
Largest movements
- Cash +€107,193
new in 2024: €107,193
mainly Current investments (+€44,161) and Trade debts (+€41,837)
- Current investments -€44,161
no longer reported in 2024 (was €44,161)
- Receivables within one year -€3,777
down €3,777 (-31.5%), from €12,007 to €8,230
of which Other amounts receivable: -€4,110
- Trade debts +€41,837
up €41,837 (+321,822%), from €13 to €41,850
- Provisions +€9,624
new in 2024: €9,624
- Other debts +€5,164
new in 2024: €5,164
- Profit (loss) carried forward +€1,838
up €1,838 (+6.5%), from -€28,386 to -€26,548
- Provisions +€9,624
new in 2024: €9,624
- Gross operating margin -€4,462
down €4,462 (-26.9%), from €16,611 to €12,149
- Taxes -€595
no longer reported in 2024 (was €595)
- Other operating charges -€338
down €338 (-37.3%), from €905 to €567
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 | €56,627 | €115,423 | +€58,796 | +104% |
| Current assets | 29/58 | €56,627 | €115,423 | +€58,796 | +104% |
| Stocks and contracts in progress | 3 | €459 | - | -€459 | |
| Stocks | 30/36 | €459 | - | -€459 | |
| Amounts receivable within one year | 40/41 | €12,007 | €8,230 | -€3,777 | -31.5% |
| Trade receivables | 40 | €2,587 | €2,920 | +€333 | +12.9% |
| Other amounts receivable | 41 | €9,420 | €5,310 | -€4,110 | -43.6% |
| Current investments | 50/53 | €44,161 | - | -€44,161 | |
| Cash at bank and in hand | 54/58 | - | €107,193 | +€107,193 | |
| Total equity and liabilities | 10/49 | €56,627 | €115,423 | +€58,796 | +104% |
| Equity | 10/15 | €56,614 | €58,452 | +€1,838 | +3.2% |
| Contributions | 10/11 | €85,000 | €85,000 | = | 0.0% |
| Capital | 10 | €85,000 | €85,000 | = | 0.0% |
| Issued capital | 100 | €85,000 | €85,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,386 | -€26,548 | +€1,838 | +6.5% |
| Provisions and deferred taxes | 16 | - | €9,624 | +€9,624 | |
| Provisions for liabilities and charges | 160/5 | - | €9,624 | +€9,624 | |
| Other liabilities and charges | 164/5 | - | €9,624 | +€9,624 | |
| Amounts payable | 17/49 | €13 | €47,346 | +€47,333 | +364,102% |
| Amounts payable within one year | 42/48 | €13 | €47,346 | +€47,333 | +364,102% |
| Trade debts | 44 | €13 | €41,850 | +€41,837 | +321,822% |
| Suppliers | 440/4 | €13 | €41,850 | +€41,837 | +321,822% |
| Taxes, remuneration and social security | 45 | - | €332 | +€332 | |
| Taxes | 450/3 | - | €332 | +€332 | |
| Other amounts payable | 47/48 | - | €5,164 | +€5,164 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €9,624 | +€9,624 | |
| Other operating charges | 640/8 | €905 | €567 | -€338 | -37.3% |
| Gross operating margin | 9900 | €16,611 | €12,149 | -€4,462 | -26.9% |
| Operating profit (loss) | 9901 | €15,706 | €1,957 | -€13,749 | -87.5% |
| Financial income | 75/76B | - | €98 | +€98 | |
| Recurring financial income | 75 | - | €98 | +€98 | |
| Financial charges | 65/66B | €215 | €217 | +€2 | +1.1% |
| Recurring financial charges | 65 | €215 | €217 | +€2 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €15,491 | €1,838 | -€13,653 | -88.1% |
| Income taxes | 67/77 | €595 | - | -€595 | |
| Profit (loss) for the period | 9904 | €14,896 | €1,838 | -€13,058 | -87.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,896 | €1,838 | -€13,058 | -87.7% |
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 17 October 2026 via checked.be.