BOC-SYSTEM: 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.
BOC-SYSTEM
Largest movements
- Cash +€27,629
up €27,629 (+102329.6%), from €27 to €27,656
mainly Debts after one year (+€31,294) and Depreciation (+€21,288)
- Receivables within one year -€11,134
down €11,134 (-14.9%), from €74,918 to €63,784
of which Trade receivables: -€7,545
- Tangible fixed assets +€10,880
up €10,880 (+6.8%), from €159,804 to €170,684
of which Plant, machinery and equipment: +€23,095
- Debts after one year +€31,294
up €31,294 (+26.4%), from €118,675 to €149,969
- Trade debts -€18,818
down €18,818 (-37.7%), from €49,942 to €31,124
- Reserves +€6,246
up €6,246 (+6.0%), from €103,571 to €109,817
- Staff costs -€45,664
down €45,664 (-98.1%), from €46,549 to €885
- Gross operating margin -€29,230
down €29,230 (-44.5%), from €65,708 to €36,478
- Depreciation +€3,703
up €3,703 (+21.1%), from €17,585 to €21,288
- Taxes +€1,829
new in 2024: €1,829
- Financial charges +€1,280
up €1,280 (+39.5%), from €3,238 to €4,518
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €302,378 | €325,972 | +€23,594 | +7.8% |
| Fixed assets | 21/28 | €169,710 | €179,090 | +€9,380 | +5.5% |
| Intangible fixed assets | 21 | €9,000 | €7,500 | -€1,500 | -16.7% |
| Tangible fixed assets | 22/27 | €159,804 | €170,684 | +€10,880 | +6.8% |
| Plant, machinery and equipment | 23 | €5,149 | €28,244 | +€23,095 | +448.5% |
| Furniture and vehicles | 24 | €8,796 | €6,869 | -€1,927 | -21.9% |
| Other tangible fixed assets | 26 | €145,859 | €135,571 | -€10,288 | -7.1% |
| Financial fixed assets | 28 | €906 | €906 | = | 0.0% |
| Current assets | 29/58 | €132,668 | €146,882 | +€14,214 | +10.7% |
| Stocks and contracts in progress | 3 | €54,994 | €54,994 | = | 0.0% |
| Stocks | 30/36 | €13,440 | €13,440 | = | 0.0% |
| Contracts in progress | 37 | €41,554 | €41,554 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €74,918 | €63,784 | -€11,134 | -14.9% |
| Trade receivables | 40 | €39,806 | €32,261 | -€7,545 | -19.0% |
| Other amounts receivable | 41 | €35,112 | €31,523 | -€3,589 | -10.2% |
| Cash at bank and in hand | 54/58 | €27 | €27,656 | +€27,629 | +102329.6% |
| Deferred charges and accrued income | 490/1 | €2,729 | €448 | -€2,281 | -83.6% |
| Total equity and liabilities | 10/49 | €302,378 | €325,972 | +€23,594 | +7.8% |
| Equity | 10/15 | €104,781 | €112,817 | +€8,036 | +7.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €103,571 | €109,817 | +€6,246 | +6.0% |
| Distributable reserves | 133 | €103,571 | €109,817 | +€6,246 | +6.0% |
| Profit (loss) carried forward | 14 | -€1,790 | - | +€1,790 | |
| Amounts payable | 17/49 | €197,597 | €213,155 | +€15,558 | +7.9% |
| Amounts payable after more than one year | 17 | €118,675 | €149,969 | +€31,294 | +26.4% |
| Financial debts | 170/4 | €118,675 | €149,969 | +€31,294 | +26.4% |
| Amounts payable within one year | 42/48 | €78,849 | €63,180 | -€15,669 | -19.9% |
| Current portion of amounts payable after more than one year | 42 | €25,669 | €26,732 | +€1,063 | +4.1% |
| Financial debts | 43 | €421 | - | -€421 | |
| Credit institutions | 430/8 | €421 | - | -€421 | |
| Trade debts | 44 | €49,942 | €31,124 | -€18,818 | -37.7% |
| Suppliers | 440/4 | €49,942 | €31,124 | -€18,818 | -37.7% |
| Taxes, remuneration and social security | 45 | €2,817 | €5,324 | +€2,507 | +89.0% |
| Taxes | 450/3 | €1,964 | €5,324 | +€3,360 | +171.1% |
| Remuneration and social security | 454/9 | €853 | - | -€853 | |
| Accrued charges and deferred income | 492/3 | €73 | €6 | -€67 | -91.8% |
| Remuneration, social security and pensions | 62 | €46,549 | €885 | -€45,664 | -98.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,585 | €21,288 | +€3,703 | +21.1% |
| Other operating charges | 640/8 | €128 | €20 | -€108 | -84.4% |
| Gross operating margin | 9900 | €65,708 | €36,478 | -€29,230 | -44.5% |
| Operating profit (loss) | 9901 | €1,446 | €14,285 | +€12,839 | +887.9% |
| Financial income | 75/76B | €2 | €98 | +€96 | +4800.0% |
| Recurring financial income | 75 | €2 | €98 | +€96 | +4800.0% |
| Financial charges | 65/66B | €3,238 | €4,518 | +€1,280 | +39.5% |
| Recurring financial charges | 65 | €3,238 | €4,518 | +€1,280 | +39.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,790 | €9,865 | +€11,655 | |
| Income taxes | 67/77 | - | €1,829 | +€1,829 | |
| Profit (loss) for the period | 9904 | -€1,790 | €8,036 | +€9,826 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,790 | €8,036 | +€9,826 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.