BOBVDB: 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.
BOBVDB
Largest movements
- Financial fixed assets +€345,345
up €345,345 (+21.4%), from €1.6m to €2.0m
- Cash +€113,461
up €113,461 (+36.8%), from €308,612 to €422,073
mainly Other debts (+€538,035) and Net result for the year (+€422,266)
- Receivables within one year +€46,613
up €46,613 (+373%), from €12,483 to €59,096
of which Other amounts receivable: +€45,450
- Other debts +€538,035
up €538,035 (+339%), from €158,891 to €696,926
- Debts after one year -€62,390
down €62,390 (-42.6%), from €146,497 to €84,107
- Financial income -€14,833
down €14,833 (-3.8%), from €387,667 to €372,834
- Gross operating margin +€3,547
up €3,547 (+5.1%), from €69,539 to €73,086
- Financial charges +€875
up €875 (+27.0%), from €3,235 to €4,110
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,935,156 | €2,439,841 | +€504,684 | +26.1% |
| Fixed assets | 21/28 | €1,614,062 | €1,958,671 | +€344,609 | +21.4% |
| Tangible fixed assets | 22/27 | €848 | €113 | -€736 | -86.7% |
| Furniture and vehicles | 24 | €848 | €113 | -€736 | -86.7% |
| Financial fixed assets | 28 | €1,613,213 | €1,958,558 | +€345,345 | +21.4% |
| Current assets | 29/58 | €321,094 | €481,169 | +€160,075 | +49.9% |
| Amounts receivable within one year | 40/41 | €12,483 | €59,096 | +€46,613 | +373% |
| Trade receivables | 40 | €12,483 | €13,646 | +€1,163 | +9.3% |
| Other amounts receivable | 41 | - | €45,450 | +€45,450 | |
| Cash at bank and in hand | 54/58 | €308,612 | €422,073 | +€113,461 | +36.8% |
| Total equity and liabilities | 10/49 | €1,935,156 | €2,439,841 | +€504,684 | +26.1% |
| Equity | 10/15 | €1,563,956 | €1,586,222 | +€22,266 | +1.4% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €1,498,956 | €1,521,222 | +€22,266 | +1.5% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €1,492,456 | €1,514,722 | +€22,266 | +1.5% |
| Amounts payable | 17/49 | €371,201 | €853,619 | +€482,418 | +130% |
| Amounts payable after more than one year | 17 | €146,497 | €84,107 | -€62,390 | -42.6% |
| Financial debts | 170/4 | €146,497 | €84,107 | -€62,390 | -42.6% |
| Amounts payable within one year | 42/48 | €224,218 | €767,689 | +€543,471 | +242% |
| Current portion of amounts payable after more than one year | 42 | €61,805 | €62,390 | +€585 | +0.9% |
| Trade debts | 44 | €102 | €702 | +€601 | +592% |
| Suppliers | 440/4 | €102 | €702 | +€601 | +592% |
| Taxes, remuneration and social security | 45 | €3,421 | €7,671 | +€4,250 | +124% |
| Taxes | 450/3 | €3,421 | €7,671 | +€4,250 | +124% |
| Other amounts payable | 47/48 | €158,891 | €696,926 | +€538,035 | +339% |
| Accrued charges and deferred income | 492/3 | €486 | €1,823 | +€1,337 | +275% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €907 | €736 | -€172 | -18.9% |
| Other operating charges | 640/8 | €1,169 | €1,201 | +€33 | +2.8% |
| Gross operating margin | 9900 | €69,539 | €73,086 | +€3,547 | +5.1% |
| Operating profit (loss) | 9901 | €67,463 | €71,149 | +€3,685 | +5.5% |
| Financial income | 75/76B | €387,667 | €372,834 | -€14,833 | -3.8% |
| Recurring financial income | 75 | €387,667 | €372,834 | -€14,833 | -3.8% |
| Financial charges | 65/66B | €3,235 | €4,110 | +€875 | +27.0% |
| Recurring financial charges | 65 | €3,235 | €4,110 | +€875 | +27.0% |
| Profit (loss) for the period before taxes | 9903 | €451,895 | €439,872 | -€12,023 | -2.7% |
| Income taxes | 67/77 | €18,179 | €17,606 | -€573 | -3.2% |
| Profit (loss) for the period | 9904 | €433,716 | €422,266 | -€11,450 | -2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €433,716 | €422,266 | -€11,450 | -2.6% |
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 28 October 2026 via checked.be.