BOCABO-AGRI: 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.
BOCABO-AGRI
Largest movements
- Receivables within one year -€137,351
down €137,351 (-39.2%), from €350,401 to €213,050
of which Trade receivables: -€113,764
- Tangible fixed assets -€86,492
down €86,492 (-6.8%), from €1.3m to €1.2m
of which Furniture and vehicles: -€71,743
- Cash -€68,973
down €68,973 (-99.0%), from €69,669 to €696
mainly Investment in fixed assets (net) (-€208,896) and Debts after one year (-€164,004)
- Debts after one year -€164,004
down €164,004 (-36.7%), from €446,983 to €282,978
- Profit (loss) carried forward -€110,651
down €110,651, from €79,753 to -€30,898
- Gross operating margin -€216,475
down €216,475 (-46.4%), from €466,587 to €250,112
- Depreciation +€30,428
up €30,428 (+11.5%), from €264,960 to €295,388
- Staff costs +€7,593
up €7,593 (+19.5%), from €38,876 to €46,469
- Financial charges -€5,647
down €5,647 (-27.6%), from €20,427 to €14,781
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 | €1,697,807 | €1,420,788 | -€277,019 | -16.3% |
| Fixed assets | 21/28 | €1,268,555 | €1,182,063 | -€86,492 | -6.8% |
| Tangible fixed assets | 22/27 | €1,268,370 | €1,181,878 | -€86,492 | -6.8% |
| Plant, machinery and equipment | 23 | €834,717 | €819,969 | -€14,749 | -1.8% |
| Furniture and vehicles | 24 | €433,653 | €361,910 | -€71,743 | -16.5% |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €429,252 | €238,725 | -€190,527 | -44.4% |
| Stocks and contracts in progress | 3 | €7,179 | €16,053 | +€8,874 | +124% |
| Stocks | 30/36 | €7,179 | €16,053 | +€8,874 | +124% |
| Amounts receivable within one year | 40/41 | €350,401 | €213,050 | -€137,351 | -39.2% |
| Trade receivables | 40 | €326,814 | €213,050 | -€113,764 | -34.8% |
| Other amounts receivable | 41 | €23,587 | €0 | -€23,587 | -100% |
| Cash at bank and in hand | 54/58 | €69,669 | €696 | -€68,973 | -99.0% |
| Deferred charges and accrued income | 490/1 | €2,003 | €8,926 | +€6,923 | +346% |
| Total equity and liabilities | 10/49 | €1,697,807 | €1,420,788 | -€277,019 | -16.3% |
| Equity | 10/15 | €148,332 | €33,265 | -€115,067 | -77.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,860 | €41,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €40,000 | €41,860 | +€1,860 | +4.7% |
| Profit (loss) carried forward | 14 | €79,753 | -€30,898 | -€110,651 | |
| Investment grants | 15 | €8,120 | €3,703 | -€4,416 | -54.4% |
| Amounts payable | 17/49 | €1,549,475 | €1,387,523 | -€161,952 | -10.5% |
| Amounts payable after more than one year | 17 | €446,983 | €282,978 | -€164,004 | -36.7% |
| Financial debts | 170/4 | €446,983 | €282,978 | -€164,004 | -36.7% |
| Amounts payable within one year | 42/48 | €1,102,395 | €1,104,390 | +€1,995 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €174,010 | €169,004 | -€5,006 | -2.9% |
| Trade debts | 44 | €34,944 | €48,475 | +€13,531 | +38.7% |
| Suppliers | 440/4 | €34,944 | €48,475 | +€13,531 | +38.7% |
| Taxes, remuneration and social security | 45 | €5,197 | €3,917 | -€1,280 | -24.6% |
| Taxes | 450/3 | €526 | €607 | +€81 | +15.5% |
| Remuneration and social security | 454/9 | €4,671 | €3,309 | -€1,362 | -29.2% |
| Other amounts payable | 47/48 | €888,244 | €882,994 | -€5,250 | -0.6% |
| Accrued charges and deferred income | 492/3 | €97 | €155 | +€58 | +59.9% |
| Non-recurring operating income | 76A | €10,000 | €29,726 | +€19,726 | +197% |
| Remuneration, social security and pensions | 62 | €38,876 | €46,469 | +€7,593 | +19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €264,960 | €295,388 | +€30,428 | +11.5% |
| Other operating charges | 640/8 | €1,365 | €1,150 | -€215 | -15.8% |
| Non-recurring operating charges | 66A | - | €7,317 | +€7,317 | |
| Gross operating margin | 9900 | €466,587 | €250,112 | -€216,475 | -46.4% |
| Operating profit (loss) | 9901 | €161,386 | -€100,212 | -€261,598 | |
| Financial income | 75/76B | €4,476 | €4,438 | -€38 | -0.9% |
| Recurring financial income | 75 | €4,476 | €4,438 | -€38 | -0.9% |
| Financial charges | 65/66B | €20,427 | €14,781 | -€5,647 | -27.6% |
| Recurring financial charges | 65 | €20,427 | €14,781 | -€5,647 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | €145,435 | -€110,555 | -€255,989 | |
| Income taxes | 67/77 | €0 | €96 | +€96 | |
| Profit (loss) for the period | 9904 | €145,435 | -€110,651 | -€256,086 | |
| Profit (loss) for the period to be appropriated | 9905 | €145,435 | -€110,651 | -€256,086 |
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 18 October 2026 via checked.be.