BOBICO: 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.
BOBICO
Largest movements
- Current investments -€1.6m
down €1.6m (-100.0%), from €1.6m to €0
- Tangible fixed assets +€1.3m
up €1.3m (+151.0%), from €848,561 to €2.1m
- Cash -€237,130
down €237,130 (-25.1%), from €945,201 to €708,071
mainly Investment in fixed assets (net) (-€1.3m) and Debts after one year (-€880,000)
- Contributions +€1.3m
up €1.3m (+150.9%), from €845,000 to €2.1m
- Debts after one year -€880,000
down €880,000 (-100.0%), from €880,000 to €0
- Other debts -€724,857
down €724,857 (-100.0%), from €724,857 to €0
- Reserves -€500,000
down €500,000 (-60.6%), from €824,980 to €324,980
of which Distributable reserves: -€500,000
- Profit (loss) carried forward +€228,202
up €228,202 (+5752.5%), from €3,967 to €232,169
- Financial income +€250,555
up €250,555 (+308.5%), from €81,230 to €331,785
- Gross operating margin -€240,378
down €240,378 (-61.4%), from €391,587 to €151,209
- Financial charges +€71,914
up €71,914 (+110.3%), from €65,200 to €137,114
- Provisions +€50,000
up €50,000, from -€50,000 to €0
- Taxes +€35,058
up €35,058 (+70.4%), from €49,832 to €84,890
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 | €3,408,501 | €2,839,430 | -€569,071 | -16.7% |
| Fixed assets | 21/28 | €848,561 | €2,129,839 | +€1.3m | +151.0% |
| Tangible fixed assets | 22/27 | €848,561 | €2,129,839 | +€1.3m | +151.0% |
| Other tangible fixed assets | 26 | €848,561 | €2,129,839 | +€1.3m | +151.0% |
| Current assets | 29/58 | €2,559,940 | €709,590 | -€1.9m | -72.3% |
| Amounts receivable within one year | 40/41 | €2,143 | €6 | -€2,137 | -99.7% |
| Other amounts receivable | 41 | €2,143 | €6 | -€2,137 | -99.7% |
| Current investments | 50/53 | €1,609,437 | €0 | -€1.6m | -100.0% |
| Cash at bank and in hand | 54/58 | €945,201 | €708,071 | -€237,130 | -25.1% |
| Deferred charges and accrued income | 490/1 | €3,159 | €1,513 | -€1,646 | -52.1% |
| Total equity and liabilities | 10/49 | €3,408,501 | €2,839,430 | -€569,071 | -16.7% |
| Equity | 10/15 | €1,673,947 | €2,676,999 | +€1.0m | +59.9% |
| Contributions | 10/11 | €845,000 | €2,119,850 | +€1.3m | +150.9% |
| Capital | 10 | €845,000 | €2,119,850 | +€1.3m | +150.9% |
| Issued capital | 100 | €845,000 | €2,119,850 | +€1.3m | +150.9% |
| Reserves | 13 | €824,980 | €324,980 | -€500,000 | -60.6% |
| Non-distributable reserves | 130/1 | €84,500 | €84,500 | = | 0.0% |
| Legal reserve | 130 | €84,500 | €84,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €191,480 | €191,480 | -€0 | 0.0% |
| Distributable reserves | 133 | €549,000 | €49,000 | -€500,000 | -91.1% |
| Profit (loss) carried forward | 14 | €3,967 | €232,169 | +€228,202 | +5752.5% |
| Provisions and deferred taxes | 16 | €63,827 | €63,827 | -€0 | 0.0% |
| Deferred taxes | 168 | €63,827 | €63,827 | -€0 | 0.0% |
| Amounts payable | 17/49 | €1,670,727 | €98,604 | -€1.6m | -94.1% |
| Amounts payable after more than one year | 17 | €880,000 | €0 | -€880,000 | -100.0% |
| Other amounts payable | 178/9 | €880,000 | €0 | -€880,000 | -100.0% |
| Amounts payable within one year | 42/48 | €790,727 | €98,604 | -€692,123 | -87.5% |
| Trade debts | 44 | €2,999 | €23,281 | +€20,282 | +676.3% |
| Suppliers | 440/4 | €2,999 | €23,281 | +€20,282 | +676.3% |
| Taxes, remuneration and social security | 45 | €62,871 | €75,323 | +€12,452 | +19.8% |
| Taxes | 450/3 | €62,871 | €75,323 | +€12,452 | +19.8% |
| Other amounts payable | 47/48 | €724,857 | €0 | -€724,857 | -100.0% |
| Non-recurring operating income | 76A | €271,944 | €6,500 | -€265,444 | -97.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,500 | €5,613 | -€1,887 | -25.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€50,000 | €0 | +€50,000 | |
| Other operating charges | 640/8 | €27,445 | €27,175 | -€270 | -1.0% |
| Gross operating margin | 9900 | €391,587 | €151,209 | -€240,378 | -61.4% |
| Operating profit (loss) | 9901 | €406,642 | €118,421 | -€288,221 | -70.9% |
| Financial income | 75/76B | €81,230 | €331,785 | +€250,555 | +308.5% |
| Recurring financial income | 75 | €81,230 | €331,785 | +€250,555 | +308.5% |
| Financial charges | 65/66B | €65,200 | €137,114 | +€71,914 | +110.3% |
| Recurring financial charges | 65 | €65,200 | €137,114 | +€71,914 | +110.3% |
| Profit (loss) for the period before taxes | 9903 | €422,672 | €313,092 | -€109,580 | -25.9% |
| Transfer to deferred taxes | 680 | €63,827 | €0 | -€63,827 | -100.0% |
| Income taxes | 67/77 | €49,832 | €84,890 | +€35,058 | +70.4% |
| Profit (loss) for the period | 9904 | €309,013 | €228,202 | -€80,811 | -26.2% |
| Transfer to tax-exempt reserves | 689 | €191,480 | €0 | -€191,480 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €117,533 | €228,202 | +€110,669 | +94.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.