BOBWOP: 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.
BOBWOP
Largest movements
- Cash +€25,674
up €25,674 (+44.5%), from €57,691 to €83,365
mainly Net result for the year (+€44,282) and Depreciation (+€7,991)
- Receivables within one year +€8,684
up €8,684 (+56.7%), from €15,307 to €23,991
- Tangible fixed assets -€7,991
down €7,991 (-30.5%), from €26,200 to €18,209
- Profit (loss) carried forward +€44,282
up €44,282 (+105.1%), from €42,121 to €86,403
- Other debts -€17,555
down €17,555 (-62.1%), from €28,268 to €10,714
- Trade debts +€1,470
new in 2025: €1,470
- Gross operating margin +€3,887
up €3,887 (+6.2%), from €62,730 to €66,616
- Taxes +€2,399
up €2,399 (+20.5%), from €11,705 to €14,104
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 | €99,197 | €126,047 | +€26,850 | +27.1% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €26,200 | €18,209 | -€7,991 | -30.5% |
| Tangible fixed assets | 22/27 | €26,200 | €18,209 | -€7,991 | -30.5% |
| Furniture and vehicles | 24 | €26,200 | €18,209 | -€7,991 | -30.5% |
| Current assets | 29/58 | €72,998 | €107,838 | +€34,841 | +47.7% |
| Amounts receivable within one year | 40/41 | €15,307 | €23,991 | +€8,684 | +56.7% |
| Trade receivables | 40 | €15,307 | €23,991 | +€8,684 | +56.7% |
| Cash at bank and in hand | 54/58 | €57,691 | €83,365 | +€25,674 | +44.5% |
| Deferred charges and accrued income | 490/1 | - | €482 | +€482 | |
| Total equity and liabilities | 10/49 | €99,197 | €126,047 | +€26,850 | +27.1% |
| Equity | 10/15 | €47,121 | €91,403 | +€44,282 | +94.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,121 | €86,403 | +€44,282 | +105.1% |
| Amounts payable | 17/49 | €52,076 | €34,644 | -€17,432 | -33.5% |
| Amounts payable within one year | 42/48 | €51,240 | €34,644 | -€16,596 | -32.4% |
| Trade debts | 44 | - | €1,470 | +€1,470 | |
| Suppliers | 440/4 | - | €1,470 | +€1,470 | |
| Taxes, remuneration and social security | 45 | €22,972 | €22,460 | -€511 | -2.2% |
| Taxes | 450/3 | €22,972 | €22,460 | -€511 | -2.2% |
| Other amounts payable | 47/48 | €28,268 | €10,714 | -€17,555 | -62.1% |
| Accrued charges and deferred income | 492/3 | €836 | €0 | -€836 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,416 | €7,991 | -€425 | -5.1% |
| Other operating charges | 640/8 | €443 | €141 | -€302 | -68.2% |
| Gross operating margin | 9900 | €62,730 | €66,616 | +€3,887 | +6.2% |
| Operating profit (loss) | 9901 | €53,871 | €58,485 | +€4,614 | +8.6% |
| Financial charges | 65/66B | €45 | €99 | +€54 | +120.8% |
| Recurring financial charges | 65 | €45 | €99 | +€54 | +120.8% |
| Profit (loss) for the period before taxes | 9903 | €53,826 | €58,386 | +€4,560 | +8.5% |
| Income taxes | 67/77 | €11,705 | €14,104 | +€2,399 | +20.5% |
| Profit (loss) for the period | 9904 | €42,121 | €44,282 | +€2,161 | +5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,121 | €44,282 | +€2,161 | +5.1% |
Source: filed annual accounts (NBB), fiscal years ended 1 October 2024 and 1 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.