BOBETON: 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.
BOBETON
Largest movements
- Receivables within one year +€384,882
up €384,882 (+264.1%), from €145,740 to €530,621
of which Trade receivables: +€384,902
- Cash -€300,221
down €300,221 (-85.9%), from €349,638 to €49,417
mainly Receivables within one year (-€384,882) and Stocks and contracts (-€47,983)
- Stocks and contracts +€47,983
up €47,983 (+8.3%), from €577,442 to €625,424
- Tangible fixed assets -€37,870
down €37,870 (-11.6%), from €326,831 to €288,961
of which Plant, machinery and equipment: -€26,310
- Intangible fixed assets +€30,973
up €30,973 (+458.1%), from €6,761 to €37,734
- Reserves +€85,239
up €85,239 (+20.9%), from €407,165 to €492,404
- Trade debts +€59,792
up €59,792 (+12.8%), from €467,607 to €527,399
- Tax, wage and social debts -€18,467
down €18,467 (-17.4%), from €106,367 to €87,899
of which Remuneration and social security: -€32,167
- Gross operating margin -€67,559
down €67,559 (-5.9%), from €1.1m to €1.1m
- Staff costs -€56,661
down €56,661 (-6.2%), from €921,214 to €864,553
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 | €1,426,146 | €1,556,376 | +€130,230 | +9.1% |
| Fixed assets | 21/28 | €335,517 | €328,620 | -€6,897 | -2.1% |
| Intangible fixed assets | 21 | €6,761 | €37,734 | +€30,973 | +458.1% |
| Tangible fixed assets | 22/27 | €326,831 | €288,961 | -€37,870 | -11.6% |
| Plant, machinery and equipment | 23 | €299,863 | €273,552 | -€26,310 | -8.8% |
| Furniture and vehicles | 24 | €669 | €371 | -€297 | -44.4% |
| Leasing and similar rights | 25 | €23,468 | €15,037 | -€8,431 | -35.9% |
| Other tangible fixed assets | 26 | €2,831 | €0 | -€2,831 | -100.0% |
| Financial fixed assets | 28 | €1,925 | €1,925 | = | 0.0% |
| Current assets | 29/58 | €1,090,630 | €1,227,756 | +€137,127 | +12.6% |
| Stocks and contracts in progress | 3 | €577,442 | €625,424 | +€47,983 | +8.3% |
| Stocks | 30/36 | €577,442 | €625,424 | +€47,983 | +8.3% |
| Amounts receivable within one year | 40/41 | €145,740 | €530,621 | +€384,882 | +264.1% |
| Trade receivables | 40 | €145,634 | €530,536 | +€384,902 | +264.3% |
| Other amounts receivable | 41 | €105 | €85 | -€20 | -19.1% |
| Cash at bank and in hand | 54/58 | €349,638 | €49,417 | -€300,221 | -85.9% |
| Deferred charges and accrued income | 490/1 | €17,810 | €22,293 | +€4,483 | +25.2% |
| Total equity and liabilities | 10/49 | €1,426,146 | €1,556,376 | +€130,230 | +9.1% |
| Equity | 10/15 | €425,765 | €511,004 | +€85,239 | +20.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €407,165 | €492,404 | +€85,239 | +20.9% |
| Distributable reserves | 133 | €407,165 | €492,404 | +€85,239 | +20.9% |
| Amounts payable | 17/49 | €1,000,381 | €1,045,372 | +€44,991 | +4.5% |
| Amounts payable after more than one year | 17 | €14,754 | €6,323 | -€8,431 | -57.1% |
| Financial debts | 170/4 | €14,754 | €6,323 | -€8,431 | -57.1% |
| Amounts payable within one year | 42/48 | €985,627 | €1,039,049 | +€53,421 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €8,431 | €8,431 | = | 0.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €467,607 | €527,399 | +€59,792 | +12.8% |
| Suppliers | 440/4 | €467,607 | €527,399 | +€59,792 | +12.8% |
| Taxes, remuneration and social security | 45 | €106,367 | €87,899 | -€18,467 | -17.4% |
| Taxes | 450/3 | €6,815 | €20,515 | +€13,700 | +201.0% |
| Remuneration and social security | 454/9 | €99,552 | €67,385 | -€32,167 | -32.3% |
| Other amounts payable | 47/48 | €403,223 | €415,320 | +€12,097 | +3.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €921,214 | €864,553 | -€56,661 | -6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,061 | €46,113 | +€5,052 | +12.3% |
| Other operating charges | 640/8 | €22,766 | €20,696 | -€2,071 | -9.1% |
| Gross operating margin | 9900 | €1,139,231 | €1,071,672 | -€67,559 | -5.9% |
| Operating profit (loss) | 9901 | €154,190 | €140,311 | -€13,879 | -9.0% |
| Financial income | 75/76B | €724 | €281 | -€444 | -61.2% |
| Recurring financial income | 75 | €724 | €281 | -€444 | -61.2% |
| Financial charges | 65/66B | €31,732 | €26,554 | -€5,178 | -16.3% |
| Recurring financial charges | 65 | €31,732 | €26,554 | -€5,178 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €123,182 | €114,037 | -€9,145 | -7.4% |
| Income taxes | 67/77 | €30,944 | €28,798 | -€2,146 | -6.9% |
| Profit (loss) for the period | 9904 | €92,238 | €85,239 | -€6,999 | -7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €92,238 | €85,239 | -€6,999 | -7.6% |
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 9 October 2026 via checked.be.