BOBAZ: 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.
BOBAZ
Largest movements
- Receivables within one year -€54,157
down €54,157 (-75.0%), from €72,236 to €18,079
of which Other amounts receivable: -€38,217
- Tangible fixed assets -€32,410
down €32,410 (-15.4%), from €210,555 to €178,145
of which Leasing and similar rights: -€21,019
- Cash -€10,466
down €10,466 (-58.7%), from €17,815 to €7,349
mainly Tax, wage and social debts (-€35,905) and Current portion of long-term debt (-€26,139)
- Tax, wage and social debts -€35,905
down €35,905 (-70.6%), from €50,842 to €14,937
of which Remuneration and social security: -€23,447
- Current portion of long-term debt -€26,139
down €26,139 (-49.9%), from €52,381 to €26,242
- Trade debts -€19,631
down €19,631 (-86.5%), from €22,696 to €3,065
- Debts after one year -€19,614
down €19,614 (-51.8%), from €37,866 to €18,252
- Other debts +€14,641
new in 2025: €14,641
- Gross operating margin -€139,690
down €139,690 (-62.8%), from €222,536 to €82,846
- Staff costs -€128,959
down €128,959 (-83.9%), from €153,762 to €24,803
- Depreciation +€3,134
up €3,134 (+7.6%), from €41,129 to €44,263
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 | €321,375 | €227,868 | -€93,507 | -29.1% |
| Fixed assets | 21/28 | €213,391 | €179,981 | -€33,410 | -15.7% |
| Tangible fixed assets | 22/27 | €210,555 | €178,145 | -€32,410 | -15.4% |
| Land and buildings | 22 | €33,851 | €30,011 | -€3,840 | -11.3% |
| Plant, machinery and equipment | 23 | €62,618 | €56,560 | -€6,058 | -9.7% |
| Furniture and vehicles | 24 | €4,811 | €3,318 | -€1,493 | -31.0% |
| Leasing and similar rights | 25 | €109,275 | €88,256 | -€21,019 | -19.2% |
| Financial fixed assets | 28 | €2,836 | €1,836 | -€1,000 | -35.3% |
| Current assets | 29/58 | €107,984 | €47,887 | -€60,097 | -55.7% |
| Stocks and contracts in progress | 3 | €14,123 | €16,628 | +€2,505 | +17.7% |
| Stocks | 30/36 | €14,123 | €16,628 | +€2,505 | +17.7% |
| Amounts receivable within one year | 40/41 | €72,236 | €18,079 | -€54,157 | -75.0% |
| Trade receivables | 40 | €33,509 | €17,570 | -€15,939 | -47.6% |
| Other amounts receivable | 41 | €38,726 | €509 | -€38,217 | -98.7% |
| Cash at bank and in hand | 54/58 | €17,815 | €7,349 | -€10,466 | -58.7% |
| Deferred charges and accrued income | 490/1 | €3,811 | €5,831 | +€2,020 | +53.0% |
| Total equity and liabilities | 10/49 | €321,375 | €227,868 | -€93,507 | -29.1% |
| Equity | 10/15 | €147,391 | €148,531 | +€1,140 | +0.8% |
| Contributions | 10/11 | €122,871 | €122,871 | +€0 | 0.0% |
| Capital | 10 | - | €122,871 | +€122,871 | |
| Issued capital | 100 | - | €122,871 | +€122,871 | |
| Reserves | 13 | €49,203 | €49,203 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €13,527 | €13,527 | -€0 | 0.0% |
| Legal reserve | 130 | - | €13,527 | +€13,527 | |
| Reserves not available under the articles | 1311 | €13,527 | - | -€13,527 | |
| Distributable reserves | 133 | €35,676 | €35,676 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€24,683 | -€23,543 | +€1,140 | +4.6% |
| Amounts payable | 17/49 | €173,985 | €79,337 | -€94,648 | -54.4% |
| Amounts payable after more than one year | 17 | €37,866 | €18,252 | -€19,614 | -51.8% |
| Financial debts | 170/4 | €37,866 | €18,252 | -€19,614 | -51.8% |
| Amounts payable within one year | 42/48 | €134,619 | €61,085 | -€73,534 | -54.6% |
| Current portion of amounts payable after more than one year | 42 | €52,381 | €26,242 | -€26,139 | -49.9% |
| Trade debts | 44 | €22,696 | €3,065 | -€19,631 | -86.5% |
| Suppliers | 440/4 | €22,696 | €3,065 | -€19,631 | -86.5% |
| Advances received on contracts in progress | 46 | €8,700 | €2,200 | -€6,500 | -74.7% |
| Taxes, remuneration and social security | 45 | €50,842 | €14,937 | -€35,905 | -70.6% |
| Taxes | 450/3 | €24,347 | €11,889 | -€12,458 | -51.2% |
| Remuneration and social security | 454/9 | €26,495 | €3,048 | -€23,447 | -88.5% |
| Other amounts payable | 47/48 | - | €14,641 | +€14,641 | |
| Accrued charges and deferred income | 492/3 | €1,500 | - | -€1,500 | |
| Remuneration, social security and pensions | 62 | €153,762 | €24,803 | -€128,959 | -83.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,129 | €44,263 | +€3,134 | +7.6% |
| Other operating charges | 640/8 | €7,163 | €8,639 | +€1,476 | +20.6% |
| Gross operating margin | 9900 | €222,536 | €82,846 | -€139,690 | -62.8% |
| Operating profit (loss) | 9901 | €20,481 | €5,141 | -€15,340 | -74.9% |
| Financial income | 75/76B | €1,616 | €49 | -€1,567 | -97.0% |
| Recurring financial income | 75 | €1,616 | €49 | -€1,567 | -97.0% |
| Financial charges | 65/66B | €6,179 | €4,050 | -€2,129 | -34.5% |
| Recurring financial charges | 65 | €6,179 | €4,050 | -€2,129 | -34.5% |
| Profit (loss) for the period before taxes | 9903 | €15,918 | €1,140 | -€14,778 | -92.8% |
| Profit (loss) for the period | 9904 | €15,918 | €1,140 | -€14,778 | -92.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,918 | €1,140 | -€14,778 | -92.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.