BO-CO: what changed
Two fiscal 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.
BO-CO
Largest movements
- Receivables within one year -€31,332
down €31,332 (-89.8%), from €34,885 to €3,553
of which Trade receivables: -€31,885
- Cash +€13,068
up €13,068 (+1266.3%), from €1,032 to €14,100
mainly Receivables within one year (+€31,332) and Net result for the year (+€4,616)
- Tangible fixed assets -€4,485
down €4,485 (-38.8%), from €11,565 to €7,080
- Financial fixed assets -€3,600
no longer reported in 2024 (was €3,600)
- Trade debts -€23,201
down €23,201 (-57.1%), from €40,630 to €17,428
- Tax, wage and social debts -€8,062
no longer reported in 2024 (was €8,062)
- Profit (loss) carried forward +€4,616
up €4,616, from -€3,111 to €1,505
- Gross operating margin +€22,554
up €22,554, from -€13,041 to €9,513
- Depreciation +€251
up €251 (+5.9%), from €4,235 to €4,485
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.
Cash bridge derived
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 | €51,380 | €24,733 | -€26,647 | -51.9% |
| Fixed assets | 21/28 | €15,165 | €7,080 | -€8,085 | -53.3% |
| Tangible fixed assets | 22/27 | €11,565 | €7,080 | -€4,485 | -38.8% |
| Furniture and vehicles | 24 | €11,565 | €7,080 | -€4,485 | -38.8% |
| Financial fixed assets | 28 | €3,600 | - | -€3,600 | |
| Current assets | 29/58 | €36,215 | €17,654 | -€18,561 | -51.3% |
| Amounts receivable within one year | 40/41 | €34,885 | €3,553 | -€31,332 | -89.8% |
| Trade receivables | 40 | €34,885 | €3,000 | -€31,885 | -91.4% |
| Other amounts receivable | 41 | - | €553 | +€553 | |
| Cash at bank and in hand | 54/58 | €1,032 | €14,100 | +€13,068 | +1266.3% |
| Deferred charges and accrued income | 490/1 | €298 | - | -€298 | |
| Total equity and liabilities | 10/49 | €51,380 | €24,733 | -€26,647 | -51.9% |
| Equity | 10/15 | €889 | €5,505 | +€4,616 | +519.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,111 | €1,505 | +€4,616 | |
| Amounts payable | 17/49 | €50,491 | €19,228 | -€31,263 | -61.9% |
| Amounts payable within one year | 42/48 | €48,691 | €17,428 | -€31,263 | -64.2% |
| Trade debts | 44 | €40,630 | €17,428 | -€23,201 | -57.1% |
| Suppliers | 440/4 | €40,630 | €17,428 | -€23,201 | -57.1% |
| Taxes, remuneration and social security | 45 | €8,062 | - | -€8,062 | |
| Taxes | 450/3 | €8,062 | - | -€8,062 | |
| Accrued charges and deferred income | 492/3 | €1,800 | €1,800 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,235 | €4,485 | +€251 | +5.9% |
| Other operating charges | 640/8 | €26 | - | -€26 | |
| Gross operating margin | 9900 | -€13,041 | €9,513 | +€22,554 | |
| Operating profit (loss) | 9901 | -€17,302 | €5,028 | +€22,330 | |
| Financial income | 75/76B | €14 | €0 | -€14 | -99.3% |
| Recurring financial income | 75 | €14 | €0 | -€14 | -99.3% |
| Financial charges | 65/66B | €347 | €412 | +€65 | +18.7% |
| Recurring financial charges | 65 | €347 | €412 | +€65 | +18.7% |
| Profit (loss) for the period before taxes | 9903 | -€17,634 | €4,616 | +€22,250 | |
| Profit (loss) for the period | 9904 | -€17,634 | €4,616 | +€22,250 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,634 | €4,616 | +€22,250 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.