Bo & Co: 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.
Bo & Co
Largest movements
- Tangible fixed assets -€10,125
down €10,125 (-83.8%), from €12,082 to €1,957
of which Furniture and vehicles: -€9,653
- Deferred charges and accrued income +€7,551
up €7,551 (+40.6%), from €18,588 to €26,140
- Cash +€3,465
up €3,465 (+22.5%), from €15,391 to €18,857
mainly Other debts (+€24,805) and Investment in fixed assets (net) (+€8,316)
- Receivables within one year -€2,011
down €2,011 (-48.8%), from €4,120 to €2,109
of which Trade receivables: -€1,746
- Other debts +€24,805
up €24,805, from €0 to €24,805
- Reserves -€22,580
down €22,580 (-66.1%), from €34,140 to €11,559
- Current portion of long-term debt -€5,656
down €5,656 (-100%), from €5,656 to €0
- Tax, wage and social debts +€2,843
up €2,843 (+245%), from €1,162 to €4,006
- Depreciation -€10,013
down €10,013 (-84.7%), from €11,822 to €1,809
- Gross operating margin -€6,516
down €6,516 (-45.9%), from €14,204 to €7,688
- Taxes +€1,619
up €1,619 (+132%), from €1,224 to €2,843
- Financial income +€145
new in 2025: €145
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 | €50,182 | €49,328 | -€854 | -1.7% |
| Fixed assets | 21/28 | €12,082 | €1,957 | -€10,125 | -83.8% |
| Tangible fixed assets | 22/27 | €12,082 | €1,957 | -€10,125 | -83.8% |
| Plant, machinery and equipment | 23 | €1,034 | €562 | -€472 | -45.6% |
| Furniture and vehicles | 24 | €11,048 | €1,394 | -€9,653 | -87.4% |
| Current assets | 29/58 | €38,100 | €47,371 | +€9,271 | +24.3% |
| Stocks and contracts in progress | 3 | - | €265 | +€265 | |
| Stocks | 30/36 | - | €265 | +€265 | |
| Amounts receivable within one year | 40/41 | €4,120 | €2,109 | -€2,011 | -48.8% |
| Trade receivables | 40 | €1,746 | €0 | -€1,746 | -100% |
| Other amounts receivable | 41 | €2,374 | €2,109 | -€265 | -11.2% |
| Cash at bank and in hand | 54/58 | €15,391 | €18,857 | +€3,465 | +22.5% |
| Deferred charges and accrued income | 490/1 | €18,588 | €26,140 | +€7,551 | +40.6% |
| Total equity and liabilities | 10/49 | €50,182 | €49,328 | -€854 | -1.7% |
| Equity | 10/15 | €40,340 | €17,759 | -€22,580 | -56.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €34,140 | €11,559 | -€22,580 | -66.1% |
| Distributable reserves | 133 | €34,140 | €11,559 | -€22,580 | -66.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €9,842 | €31,568 | +€21,726 | +221% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €9,842 | €31,568 | +€21,726 | +221% |
| Current portion of amounts payable after more than one year | 42 | €5,656 | €0 | -€5,656 | -100% |
| Trade debts | 44 | €3,023 | €2,757 | -€266 | -8.8% |
| Suppliers | 440/4 | €3,023 | €2,757 | -€266 | -8.8% |
| Taxes, remuneration and social security | 45 | €1,162 | €4,006 | +€2,843 | +245% |
| Taxes | 450/3 | €1,162 | €4,006 | +€2,843 | +245% |
| Other amounts payable | 47/48 | €0 | €24,805 | +€24,805 | |
| Non-recurring operating income | 76A | - | €9,355 | +€9,355 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,822 | €1,809 | -€10,013 | -84.7% |
| Other operating charges | 640/8 | €505 | €584 | +€78 | +15.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €14,204 | €7,688 | -€6,516 | -45.9% |
| Operating profit (loss) | 9901 | €1,877 | €5,295 | +€3,419 | +182% |
| Financial income | 75/76B | - | €145 | +€145 | |
| Recurring financial income | 75 | - | €145 | +€145 | |
| Financial charges | 65/66B | €350 | €372 | +€22 | +6.3% |
| Recurring financial charges | 65 | €350 | €372 | +€22 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €1,527 | €5,068 | +€3,541 | +232% |
| Income taxes | 67/77 | €1,224 | €2,843 | +€1,619 | +132% |
| Profit (loss) for the period | 9904 | €303 | €2,225 | +€1,922 | +635% |
| Profit (loss) for the period to be appropriated | 9905 | €303 | €2,225 | +€1,922 | +635% |
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 16 October 2026 via checked.be.