BOCA-FRITES: 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.
BOCA-FRITES
Largest movements
- Tangible fixed assets +€46,803
up €46,803 (+713.8%), from €6,557 to €53,360
of which Plant, machinery and equipment: +€47,549
- Receivables within one year -€3,852
down €3,852 (-2.5%), from €155,007 to €151,155
of which Other amounts receivable: -€4,857
- Debts after one year +€36,615
new in 2025: €36,615
- Profit (loss) carried forward -€15,305
down €15,305 (-14.6%), from €104,689 to €89,384
- Current portion of long-term debt +€8,810
new in 2025: €8,810
- Tax, wage and social debts +€8,557
up €8,557 (+82.5%), from €10,367 to €18,924
of which Taxes: +€7,973
- Trade debts +€4,494
up €4,494 (+154.0%), from €2,919 to €7,413
- Taxes -€26,956
down €26,956 (-59.1%), from €45,608 to €18,652
- Gross operating margin -€18,040
down €18,040 (-16.6%), from €108,494 to €90,454
- Other operating charges -€8,363
down €8,363 (-73.4%), from €11,392 to €3,029
- Purchases and services +€5,295
up €5,295 (+2.3%), from €225,675 to €230,969
- Staff costs +€4,968
up €4,968 (+11.4%), from €43,446 to €48,414
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 | €171,117 | €214,288 | +€43,171 | +25.2% |
| Fixed assets | 21/28 | €7,304 | €54,107 | +€46,803 | +640.8% |
| Tangible fixed assets | 22/27 | €6,557 | €53,360 | +€46,803 | +713.8% |
| Plant, machinery and equipment | 23 | €0 | €47,549 | +€47,549 | |
| Furniture and vehicles | 24 | €859 | €3,301 | +€2,442 | +284.3% |
| Other tangible fixed assets | 26 | €5,698 | €2,510 | -€3,187 | -55.9% |
| Financial fixed assets | 28 | €747 | €747 | = | 0.0% |
| Current assets | 29/58 | €163,813 | €160,181 | -€3,632 | -2.2% |
| Stocks and contracts in progress | 3 | €2,494 | €3,104 | +€610 | +24.4% |
| Stocks | 30/36 | €2,494 | €3,104 | +€610 | +24.4% |
| Amounts receivable within one year | 40/41 | €155,007 | €151,155 | -€3,852 | -2.5% |
| Trade receivables | 40 | - | €1,005 | +€1,005 | |
| Other amounts receivable | 41 | €155,007 | €150,149 | -€4,857 | -3.1% |
| Cash at bank and in hand | 54/58 | €5,530 | €5,596 | +€66 | +1.2% |
| Deferred charges and accrued income | 490/1 | €783 | €327 | -€456 | -58.3% |
| Total equity and liabilities | 10/49 | €171,117 | €214,288 | +€43,171 | +25.2% |
| Equity | 10/15 | €157,831 | €142,527 | -€15,305 | -9.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €34,543 | €34,543 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €32,683 | €32,683 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,689 | €89,384 | -€15,305 | -14.6% |
| Amounts payable | 17/49 | €13,285 | €71,761 | +€58,476 | +440.2% |
| Amounts payable after more than one year | 17 | - | €36,615 | +€36,615 | |
| Financial debts | 170/4 | - | €36,615 | +€36,615 | |
| Amounts payable within one year | 42/48 | €13,285 | €35,147 | +€21,861 | +164.6% |
| Current portion of amounts payable after more than one year | 42 | - | €8,810 | +€8,810 | |
| Trade debts | 44 | €2,919 | €7,413 | +€4,494 | +154.0% |
| Suppliers | 440/4 | €2,919 | €7,413 | +€4,494 | +154.0% |
| Taxes, remuneration and social security | 45 | €10,367 | €18,924 | +€8,557 | +82.5% |
| Taxes | 450/3 | €8,363 | €16,335 | +€7,973 | +95.3% |
| Remuneration and social security | 454/9 | €2,004 | €2,589 | +€584 | +29.2% |
| Non-recurring operating income | 76A | €59 | - | -€59 | |
| Goods, raw materials, services and sundry goods | 60/61 | €225,675 | €230,969 | +€5,295 | +2.3% |
| Remuneration, social security and pensions | 62 | €43,446 | €48,414 | +€4,968 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,551 | €7,943 | +€4,392 | +123.7% |
| Other operating charges | 640/8 | €11,392 | €3,029 | -€8,363 | -73.4% |
| Non-recurring operating charges | 66A | €1,930 | €0 | -€1,930 | -100.0% |
| Gross operating margin | 9900 | €108,494 | €90,454 | -€18,040 | -16.6% |
| Operating profit (loss) | 9901 | €48,175 | €31,068 | -€17,107 | -35.5% |
| Financial charges | 65/66B | €2,726 | €2,721 | -€5 | -0.2% |
| Recurring financial charges | 65 | €2,521 | €2,721 | +€200 | +7.9% |
| Non-recurring financial charges | 66B | €204 | - | -€204 | |
| Profit (loss) for the period before taxes | 9903 | €45,450 | €28,347 | -€17,103 | -37.6% |
| Income taxes | 67/77 | €45,608 | €18,652 | -€26,956 | -59.1% |
| Profit (loss) for the period | 9904 | -€158 | €9,695 | +€9,853 | |
| Profit (loss) for the period to be appropriated | 9905 | -€158 | €9,695 | +€9,853 |
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 12 October 2026 via checked.be.