Boborema: 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.
Boborema
Largest movements
- Receivables after one year +€38,000
new in 2025: €38,000
- Receivables within one year -€30,278
down €30,278 (-28.5%), from €106,054 to €75,777
of which Other amounts receivable: -€39,874
- Tangible fixed assets +€13,832
new in 2025: €13,832
of which Other tangible fixed assets: +€11,564
- Stocks and contracts +€13,194
new in 2025: €13,194
- Cash -€3,877
down €3,877 (-17.3%), from €22,448 to €18,571
mainly Receivables after one year (-€38,000) and Investment in fixed assets (net) (-€16,650)
- Reserves +€25,523
up €25,523 (+68.9%), from €37,044 to €62,567
- Short-term financial debts +€5,000
new in 2025: €5,000
- Tax, wage and social debts +€4,788
up €4,788 (+22.2%), from €21,608 to €26,396
of which Remuneration and social security: +€2,667
- Trade debts -€4,439
down €4,439 (-8.9%), from €49,850 to €45,411
- Staff costs +€48,853
new in 2025: €48,853
- Gross operating margin +€32,751
up €32,751 (+62.2%), from €52,677 to €85,428
- Taxes -€4,638
down €4,638 (-26.3%), from €17,626 to €12,988
- Financial income +€3,109
up €3,109 (+136.9%), from €2,271 to €5,380
- Depreciation +€2,817
new in 2025: €2,817
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 | €128,502 | €159,374 | +€30,872 | +24.0% |
| Fixed assets | 21/28 | - | €13,832 | +€13,832 | |
| Tangible fixed assets | 22/27 | - | €13,832 | +€13,832 | |
| Plant, machinery and equipment | 23 | - | €2,269 | +€2,269 | |
| Other tangible fixed assets | 26 | - | €11,564 | +€11,564 | |
| Current assets | 29/58 | €128,502 | €145,542 | +€17,040 | +13.3% |
| Amounts receivable after more than one year | 29 | - | €38,000 | +€38,000 | |
| Other amounts receivable | 291 | - | €38,000 | +€38,000 | |
| Stocks and contracts in progress | 3 | - | €13,194 | +€13,194 | |
| Stocks | 30/36 | - | €13,194 | +€13,194 | |
| Amounts receivable within one year | 40/41 | €106,054 | €75,777 | -€30,278 | -28.5% |
| Trade receivables | 40 | €27,303 | €36,900 | +€9,597 | +35.1% |
| Other amounts receivable | 41 | €78,751 | €38,877 | -€39,874 | -50.6% |
| Cash at bank and in hand | 54/58 | €22,448 | €18,571 | -€3,877 | -17.3% |
| Total equity and liabilities | 10/49 | €128,502 | €159,374 | +€30,872 | +24.0% |
| Equity | 10/15 | €57,044 | €82,567 | +€25,523 | +44.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €37,044 | €62,567 | +€25,523 | +68.9% |
| Distributable reserves | 133 | €37,044 | €62,567 | +€25,523 | +68.9% |
| Amounts payable | 17/49 | €71,459 | €76,807 | +€5,349 | +7.5% |
| Amounts payable within one year | 42/48 | €71,459 | €76,807 | +€5,349 | +7.5% |
| Financial debts | 43 | - | €5,000 | +€5,000 | |
| Credit institutions | 430/8 | - | €5,000 | +€5,000 | |
| Trade debts | 44 | €49,850 | €45,411 | -€4,439 | -8.9% |
| Suppliers | 440/4 | €49,850 | €45,411 | -€4,439 | -8.9% |
| Taxes, remuneration and social security | 45 | €21,608 | €26,396 | +€4,788 | +22.2% |
| Taxes | 450/3 | €21,608 | €23,729 | +€2,121 | +9.8% |
| Remuneration and social security | 454/9 | - | €2,667 | +€2,667 | |
| Remuneration, social security and pensions | 62 | - | €48,853 | +€48,853 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,817 | +€2,817 | |
| Other operating charges | 640/8 | - | €316 | +€316 | |
| Gross operating margin | 9900 | €52,677 | €85,428 | +€32,751 | +62.2% |
| Operating profit (loss) | 9901 | €52,677 | €33,442 | -€19,235 | -36.5% |
| Financial income | 75/76B | €2,271 | €5,380 | +€3,109 | +136.9% |
| Recurring financial income | 75 | €2,271 | €5,380 | +€3,109 | +136.9% |
| Financial charges | 65/66B | €278 | €310 | +€32 | +11.6% |
| Recurring financial charges | 65 | €278 | €310 | +€32 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | €54,670 | €38,511 | -€16,159 | -29.6% |
| Income taxes | 67/77 | €17,626 | €12,988 | -€4,638 | -26.3% |
| Profit (loss) for the period | 9904 | €37,044 | €25,523 | -€11,521 | -31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €37,044 | €25,523 | -€11,521 | -31.1% |
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 10 October 2026 via checked.be.