Bocadillos: 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.
Bocadillos
Largest movements
- Cash +€359,172
up €359,172 (+417%), from €86,204 to €445,376
mainly Net result for the year (+€376,546) and Other debts (+€199,570)
- Current investments -€150,000
down €150,000 (-100%), from €150,000 to €0
- Receivables within one year +€27,219
up €27,219 (+19.1%), from €142,618 to €169,837
of which Trade receivables: +€17,439
- Deferred charges and accrued income -€24,371
down €24,371 (-97.4%), from €25,017 to €646
- Tangible fixed assets -€12,969
down €12,969 (-2.5%), from €524,655 to €511,687
of which Plant, machinery and equipment: -€6,968
- Other debts +€199,570
up €199,570 (+130%), from €153,691 to €353,261
- Debts after one year -€30,808
down €30,808 (-14.8%), from €208,182 to €177,374
- Reserves +€23,285
up €23,285 (+4.7%), from €492,269 to €515,554
of which Distributable reserves: +€23,285
- Gross operating margin +€84,281
up €84,281 (+9.6%), from €877,236 to €961,517
- Staff costs +€39,029
up €39,029 (+12.2%), from €320,983 to €360,012
- Taxes +€22,492
up €22,492 (+19.2%), from €117,104 to €139,596
- Other operating charges -€14,079
down €14,079 (-69.2%), from €20,332 to €6,253
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 | €943,994 | €1,143,045 | +€199,051 | +21.1% |
| Fixed assets | 21/28 | €524,655 | €511,687 | -€12,969 | -2.5% |
| Tangible fixed assets | 22/27 | €524,655 | €511,687 | -€12,969 | -2.5% |
| Land and buildings | 22 | €468,222 | €467,871 | -€351 | -0.1% |
| Plant, machinery and equipment | 23 | €22,993 | €16,025 | -€6,968 | -30.3% |
| Furniture and vehicles | 24 | €33,440 | €27,791 | -€5,649 | -16.9% |
| Current assets | 29/58 | €419,339 | €631,359 | +€212,020 | +50.6% |
| Stocks and contracts in progress | 3 | €15,500 | €15,500 | = | 0.0% |
| Stocks | 30/36 | €15,500 | €15,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €142,618 | €169,837 | +€27,219 | +19.1% |
| Trade receivables | 40 | €132,525 | €149,965 | +€17,439 | +13.2% |
| Other amounts receivable | 41 | €10,093 | €19,873 | +€9,780 | +96.9% |
| Current investments | 50/53 | €150,000 | €0 | -€150,000 | -100% |
| Cash at bank and in hand | 54/58 | €86,204 | €445,376 | +€359,172 | +417% |
| Deferred charges and accrued income | 490/1 | €25,017 | €646 | -€24,371 | -97.4% |
| Total equity and liabilities | 10/49 | €943,994 | €1,143,045 | +€199,051 | +21.1% |
| Equity | 10/15 | €498,469 | €521,754 | +€23,285 | +4.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €492,269 | €515,554 | +€23,285 | +4.7% |
| Tax-exempt reserves | 132 | €185,240 | €185,240 | = | 0.0% |
| Distributable reserves | 133 | €307,029 | €330,314 | +€23,285 | +7.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €445,525 | €621,291 | +€175,766 | +39.5% |
| Amounts payable after more than one year | 17 | €208,182 | €177,374 | -€30,808 | -14.8% |
| Financial debts | 170/4 | €208,182 | €177,374 | -€30,808 | -14.8% |
| Amounts payable within one year | 42/48 | €237,343 | €443,917 | +€206,574 | +87.0% |
| Current portion of amounts payable after more than one year | 42 | €30,232 | €30,808 | +€576 | +1.9% |
| Trade debts | 44 | €25,864 | €27,912 | +€2,048 | +7.9% |
| Suppliers | 440/4 | €25,864 | €27,912 | +€2,048 | +7.9% |
| Taxes, remuneration and social security | 45 | €27,556 | €31,937 | +€4,381 | +15.9% |
| Taxes | 450/3 | €3,482 | €9,977 | +€6,495 | +187% |
| Remuneration and social security | 454/9 | €24,074 | €21,960 | -€2,114 | -8.8% |
| Other amounts payable | 47/48 | €153,691 | €353,261 | +€199,570 | +130% |
| Remuneration, social security and pensions | 62 | €320,983 | €360,012 | +€39,029 | +12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,031 | €73,003 | +€7,971 | +12.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €189 | €0 | -€189 | -100% |
| Other operating charges | 640/8 | €20,332 | €6,253 | -€14,079 | -69.2% |
| Non-recurring operating charges | 66A | €2,089 | €0 | -€2,089 | -100% |
| Gross operating margin | 9900 | €877,236 | €961,517 | +€84,281 | +9.6% |
| Operating profit (loss) | 9901 | €468,611 | €522,249 | +€53,637 | +11.4% |
| Financial income | 75/76B | €8,304 | €3,862 | -€4,442 | -53.5% |
| Recurring financial income | 75 | €8,304 | €3,862 | -€4,442 | -53.5% |
| Financial charges | 65/66B | €7,269 | €9,970 | +€2,700 | +37.1% |
| Recurring financial charges | 65 | €7,269 | €9,970 | +€2,700 | +37.1% |
| Profit (loss) for the period before taxes | 9903 | €469,646 | €516,142 | +€46,495 | +9.9% |
| Income taxes | 67/77 | €117,104 | €139,596 | +€22,492 | +19.2% |
| Profit (loss) for the period | 9904 | €352,543 | €376,546 | +€24,003 | +6.8% |
| Transfer to tax-exempt reserves | 689 | €185,240 | €0 | -€185,240 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €167,303 | €376,546 | +€209,243 | +125% |
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 13 October 2026 via checked.be.