BO-MAX: 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-MAX
Largest movements
- Cash +€14,954
up €14,954 (+265.9%), from €5,624 to €20,578
mainly Net result for the year (+€18,595) and Receivables within one year (+€1,107)
- Tangible fixed assets +€5,748
up €5,748 (+682.7%), from €842 to €6,590
of which Other tangible fixed assets: +€4,736
- Receivables within one year -€1,107
no longer reported in 2025 (was €1,107)
- Profit (loss) carried forward +€18,595
up €18,595, from -€4,914 to €13,681
- Tax, wage and social debts +€596
up €596 (+13.9%), from €4,274 to €4,870
- Accrued charges and deferred income +€550
new in 2025: €550
- Gross operating margin +€21,757
up €21,757 (+365.0%), from €5,961 to €27,718
- Taxes +€4,141
up €4,141 (+136.8%), from €3,027 to €7,168
- Depreciation -€1,390
down €1,390 (-62.0%), from €2,243 to €853
- Financial charges -€762
down €762 (-87.7%), from €869 to €107
of which Non-recurring financial charges: -€767
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 | €7,573 | €27,168 | +€19,595 | +258.7% |
| Fixed assets | 21/28 | €842 | €6,590 | +€5,748 | +682.7% |
| Tangible fixed assets | 22/27 | €842 | €6,590 | +€5,748 | +682.7% |
| Furniture and vehicles | 24 | - | €1,012 | +€1,012 | |
| Other tangible fixed assets | 26 | €842 | €5,578 | +€4,736 | +562.5% |
| Current assets | 29/58 | €6,731 | €20,578 | +€13,847 | +205.7% |
| Amounts receivable within one year | 40/41 | €1,107 | - | -€1,107 | |
| Trade receivables | 40 | €1,107 | - | -€1,107 | |
| Cash at bank and in hand | 54/58 | €5,624 | €20,578 | +€14,954 | +265.9% |
| Total equity and liabilities | 10/49 | €7,573 | €27,168 | +€19,595 | +258.7% |
| Equity | 10/15 | €1,286 | €19,881 | +€18,595 | +1446.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,914 | €13,681 | +€18,595 | |
| Amounts payable | 17/49 | €6,287 | €7,287 | +€1,000 | +15.9% |
| Amounts payable within one year | 42/48 | €6,287 | €6,737 | +€450 | +7.2% |
| Trade debts | 44 | €208 | €52 | -€156 | -75.0% |
| Suppliers | 440/4 | €208 | €52 | -€156 | -75.0% |
| Taxes, remuneration and social security | 45 | €4,274 | €4,870 | +€596 | +13.9% |
| Taxes | 450/3 | €4,274 | €4,870 | +€596 | +13.9% |
| Other amounts payable | 47/48 | €1,805 | €1,815 | +€10 | +0.6% |
| Accrued charges and deferred income | 492/3 | - | €550 | +€550 | |
| Non-recurring operating income | 76A | - | €1,357 | +€1,357 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,243 | €853 | -€1,390 | -62.0% |
| Other operating charges | 640/8 | €1,064 | €1,100 | +€36 | +3.4% |
| Gross operating margin | 9900 | €5,961 | €27,718 | +€21,757 | +365.0% |
| Operating profit (loss) | 9901 | €2,654 | €25,765 | +€23,111 | +870.8% |
| Financial income | 75/76B | €43 | €105 | +€62 | +144.2% |
| Recurring financial income | 75 | €43 | €105 | +€62 | +144.2% |
| Financial charges | 65/66B | €869 | €107 | -€762 | -87.7% |
| Recurring financial charges | 65 | €102 | €107 | +€5 | +4.9% |
| Non-recurring financial charges | 66B | €767 | - | -€767 | |
| Profit (loss) for the period before taxes | 9903 | €1,828 | €25,763 | +€23,935 | +1309.4% |
| Income taxes | 67/77 | €3,027 | €7,168 | +€4,141 | +136.8% |
| Profit (loss) for the period | 9904 | -€1,199 | €18,595 | +€19,794 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,199 | €18,595 | +€19,794 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.