BO-PRINT: 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.
What changed
BO-PRINT
NACE 13.300, Finishing of textiles
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€8,401
2024 · -€10,172+€18,573
Equity
€646,740
2024 · €658,339-€11,599
Cash
€20,172
2024 · €30,966-€10,795
Balance sheet total
€1.4m
2024 · €1.5m-€98,110
Largest movements
Assets
- Tangible fixed assets -€60,610
down €60,610 (-5.4%), from €1.1m to €1.1m
Equity and liabilities
- Debts after one year -€63,420
down €63,420 (-11.3%), from €561,563 to €498,143
- Trade debts -€62,436
down €62,436 (-67.1%), from €93,016 to €30,580
- Short-term financial debts +€25,000
up €25,000 (+50.0%), from €50,000 to €75,000
Income statement
- Staff costs -€26,832
down €26,832 (-25.4%), from €105,454 to €78,622
- Gross operating margin -€8,818
down €8,818 (-4.3%), from €203,439 to €194,621
- Taxes +€2,455
up €2,455 (+51.3%), from €4,787 to €7,242
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.
Result 2024
-€10,172
Gross operating margin
-€8,818
Staff costs
+€26,832
Depreciation
+€1,349
Other operating charges
-€34
Financial income
+€385
Financial charges
+€1,314
Taxes
-€2,455
Result 2025
€8,401
raises the resultlowers the result
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.
From operations
+€66,058
Investment
-€15,110
Financing
-€61,743
Cash 2024
€30,966
From operations (derived)
+€66,058
Net result for the year
+€8,401
Depreciation
+€75,720
Stocks and contracts
+€13,864
Receivables within one year
+€12,746
Smaller working-capital items
-€12
Trade debts
-€62,436
Tax, wage and social debts
+€4,074
Other debts
+€13,702
Investment (derived)
-€15,110
Investment in fixed assets (net)
-€15,110
Financing
-€61,743
Debts after one year
-€63,420
Current portion of long-term debt
-€3,322
Short-term financial debts
+€25,000
Contributions, distributions and other
-€20,000
Cash 2025
€20,172
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,485,495 | €1,387,385 | -€98,110 | -6.6% |
| Fixed assets | 21/28 | €1,125,835 | €1,065,225 | -€60,610 | -5.4% |
| Tangible fixed assets | 22/27 | €1,125,835 | €1,065,225 | -€60,610 | -5.4% |
| Land and buildings | 22 | €1,041,824 | €1,011,876 | -€29,948 | -2.9% |
| Plant, machinery and equipment | 23 | €5,752 | €4,508 | -€1,244 | -21.6% |
| Furniture and vehicles | 24 | €60,823 | €42,396 | -€18,427 | -30.3% |
| Leasing and similar rights | 25 | €17,435 | €6,444 | -€10,991 | -63.0% |
| Current assets | 29/58 | €359,660 | €322,160 | -€37,500 | -10.4% |
| Stocks and contracts in progress | 3 | €206,080 | €192,216 | -€13,864 | -6.7% |
| Stocks | 30/36 | €206,080 | €192,216 | -€13,864 | -6.7% |
| Amounts receivable within one year | 40/41 | €115,652 | €102,906 | -€12,746 | -11.0% |
| Trade receivables | 40 | €101,149 | €88,403 | -€12,746 | -12.6% |
| Other amounts receivable | 41 | €14,503 | €14,503 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €30,966 | €20,172 | -€10,795 | -34.9% |
| Deferred charges and accrued income | 490/1 | €6,962 | €6,867 | -€95 | -1.4% |
| Total equity and liabilities | 10/49 | €1,485,495 | €1,387,385 | -€98,110 | -6.6% |
| Equity | 10/15 | €658,339 | €646,740 | -€11,599 | -1.8% |
| Contributions | 10/11 | €96,281 | €96,281 | = | 0.0% |
| Reserves | 13 | €562,058 | €550,459 | -€11,599 | -2.1% |
| Distributable reserves | 133 | €562,058 | €550,459 | -€11,599 | -2.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €827,156 | €740,645 | -€86,510 | -10.5% |
| Amounts payable after more than one year | 17 | €561,563 | €498,143 | -€63,420 | -11.3% |
| Financial debts | 170/4 | €561,563 | €498,143 | -€63,420 | -11.3% |
| Amounts payable within one year | 42/48 | €265,486 | €242,502 | -€22,983 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €66,743 | €63,420 | -€3,322 | -5.0% |
| Financial debts | 43 | €50,000 | €75,000 | +€25,000 | +50.0% |
| Credit institutions | 430/8 | €50,000 | €75,000 | +€25,000 | +50.0% |
| Trade debts | 44 | €93,016 | €30,580 | -€62,436 | -67.1% |
| Suppliers | 440/4 | €93,016 | €30,580 | -€62,436 | -67.1% |
| Taxes, remuneration and social security | 45 | €52,378 | €56,452 | +€4,074 | +7.8% |
| Taxes | 450/3 | €30,616 | €42,386 | +€11,770 | +38.4% |
| Remuneration and social security | 454/9 | €21,762 | €14,065 | -€7,696 | -35.4% |
| Other amounts payable | 47/48 | €3,349 | €17,051 | +€13,702 | +409% |
| Accrued charges and deferred income | 492/3 | €107 | €0 | -€107 | -100% |
| Remuneration, social security and pensions | 62 | €105,454 | €78,622 | -€26,832 | -25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,069 | €75,720 | -€1,349 | -1.8% |
| Other operating charges | 640/8 | €6,583 | €6,617 | +€34 | +0.5% |
| Gross operating margin | 9900 | €203,439 | €194,621 | -€8,818 | -4.3% |
| Operating profit (loss) | 9901 | €14,333 | €33,662 | +€19,329 | +135% |
| Financial income | 75/76B | €2,119 | €2,504 | +€385 | +18.2% |
| Recurring financial income | 75 | €2,119 | €2,504 | +€385 | +18.2% |
| Financial charges | 65/66B | €21,837 | €20,523 | -€1,314 | -6.0% |
| Recurring financial charges | 65 | €21,837 | €20,523 | -€1,314 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,385 | €15,643 | +€21,028 | |
| Income taxes | 67/77 | €4,787 | €7,242 | +€2,455 | +51.3% |
| Profit (loss) for the period | 9904 | -€10,172 | €8,401 | +€18,573 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,172 | €8,401 | +€18,573 |
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 14 October 2026 via checked.be.