Bô: 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.
Bô
Largest movements
- Receivables within one year -€17,271
down €17,271 (-40.5%), from €42,593 to €25,322
of which Trade receivables: -€14,753
- Cash -€15,810
down €15,810 (-59.3%), from €26,642 to €10,832
mainly Net result for the year (-€26,869) and Trade debts (-€12,734)
- Tangible fixed assets -€4,652
down €4,652 (-38.3%), from €12,137 to €7,485
of which Furniture and vehicles: -€3,362
- Stocks and contracts -€2,667
down €2,667 (-3.3%), from €79,923 to €77,256
- Deferred charges and accrued income +€1,914
up €1,914 (+89.6%), from €2,136 to €4,050
- Profit (loss) carried forward -€26,869
down €26,869 (-26.9%), from €100,015 to €73,146
- Trade debts -€12,734
down €12,734 (-53.6%), from €23,764 to €11,030
- Gross operating margin -€46,987
down €46,987 (-70.1%), from €67,051 to €20,065
- Staff costs -€15,023
down €15,023 (-28.1%), from €53,481 to €38,458
- Taxes -€2,726
down €2,726 (-92.4%), from €2,951 to €226
- Other operating charges +€756
up €756 (+61.6%), from €1,227 to €1,983
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 | €163,431 | €124,945 | -€38,487 | -23.5% |
| Fixed assets | 21/28 | €12,137 | €7,485 | -€4,652 | -38.3% |
| Tangible fixed assets | 22/27 | €12,137 | €7,485 | -€4,652 | -38.3% |
| Plant, machinery and equipment | 23 | €2,222 | €932 | -€1,290 | -58.0% |
| Furniture and vehicles | 24 | €9,915 | €6,553 | -€3,362 | -33.9% |
| Current assets | 29/58 | €151,294 | €117,459 | -€33,835 | -22.4% |
| Stocks and contracts in progress | 3 | €79,923 | €77,256 | -€2,667 | -3.3% |
| Stocks | 30/36 | €79,923 | €77,256 | -€2,667 | -3.3% |
| Amounts receivable within one year | 40/41 | €42,593 | €25,322 | -€17,271 | -40.5% |
| Trade receivables | 40 | €21,173 | €6,420 | -€14,753 | -69.7% |
| Other amounts receivable | 41 | €21,420 | €18,902 | -€2,518 | -11.8% |
| Cash at bank and in hand | 54/58 | €26,642 | €10,832 | -€15,810 | -59.3% |
| Deferred charges and accrued income | 490/1 | €2,136 | €4,050 | +€1,914 | +89.6% |
| Total equity and liabilities | 10/49 | €163,431 | €124,945 | -€38,487 | -23.5% |
| Equity | 10/15 | €133,070 | €106,200 | -€26,869 | -20.2% |
| Contributions | 10/11 | €20,400 | €20,400 | = | 0.0% |
| Contributions outside capital | 11 | €20,400 | €20,400 | = | 0.0% |
| Other | 1109/19 | €20,400 | €20,400 | = | 0.0% |
| Reserves | 13 | €12,655 | €12,655 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,040 | €2,040 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,040 | €2,040 | = | 0.0% |
| Distributable reserves | 133 | €10,615 | €10,615 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,015 | €73,146 | -€26,869 | -26.9% |
| Amounts payable | 17/49 | €30,362 | €18,744 | -€11,618 | -38.3% |
| Amounts payable within one year | 42/48 | €30,362 | €18,744 | -€11,618 | -38.3% |
| Trade debts | 44 | €23,764 | €11,030 | -€12,734 | -53.6% |
| Suppliers | 440/4 | €23,764 | €11,030 | -€12,734 | -53.6% |
| Taxes, remuneration and social security | 45 | €6,598 | €7,715 | +€1,117 | +16.9% |
| Taxes | 450/3 | €1,488 | €1,406 | -€82 | -5.5% |
| Remuneration and social security | 454/9 | €5,110 | €6,309 | +€1,199 | +23.5% |
| Remuneration, social security and pensions | 62 | €53,481 | €38,458 | -€15,023 | -28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,690 | €5,990 | +€300 | +5.3% |
| Other operating charges | 640/8 | €1,227 | €1,983 | +€756 | +61.6% |
| Gross operating margin | 9900 | €67,051 | €20,065 | -€46,987 | -70.1% |
| Operating profit (loss) | 9901 | €6,654 | -€26,366 | -€33,020 | |
| Financial income | 75/76B | €54 | €192 | +€139 | +258.7% |
| Recurring financial income | 75 | €54 | €192 | +€139 | +258.7% |
| Financial charges | 65/66B | €449 | €469 | +€20 | +4.5% |
| Recurring financial charges | 65 | €449 | €469 | +€20 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €6,258 | -€26,644 | -€32,902 | |
| Income taxes | 67/77 | €2,951 | €226 | -€2,726 | -92.4% |
| Profit (loss) for the period | 9904 | €3,307 | -€26,869 | -€30,176 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,307 | -€26,869 | -€30,176 |
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 9 October 2026 via checked.be.