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bOCE: 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.

What changed

bOCE

BE 0896.612.966
NACE 63.100, Computing infrastructure, data processing, hosting and related activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€85,996
2024 · €108,743-€22,746
Equity
€516,603
2024 · €644,955-€128,352
Cash
€184,432
2024 · €189,260-€4,828
Balance sheet total
€554,608
2024 · €688,794-€134,186

Largest movements

2024 to 2025
Assets
  • Current investments -€110,774

    down €110,774 (-30.7%), from €360,998 to €250,225

  • Tangible fixed assets -€21,836

    down €21,836 (-18.9%), from €115,239 to €93,403

    of which Furniture and vehicles: -€21,724

Equity and liabilities
  • Reserves -€128,352

    down €128,352 (-20.3%), from €632,555 to €504,203

    of which Distributable reserves: -€128,352

Income statement
  • Gross operating margin -€27,533

    down €27,533 (-19.0%), from €144,993 to €117,459

  • Financial income +€22,809

    up €22,809 (+309.7%), from €7,366 to €30,175

  • Financial charges +€16,306

    up €16,306, from -€12,028 to €4,278

  • Depreciation +€11,472

    up €11,472 (+77.5%), from €14,810 to €26,282

  • Taxes -€9,565

    down €9,565 (-24.0%), from €39,883 to €30,317

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €108,743
Gross operating margin -€27,533
Depreciation -€11,472
Other operating charges +€190
Financial income +€22,809
Financial charges -€16,306
Taxes +€9,565
Result 2025 €85,996

Cash bridge derived

cash 2024 to 2025

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.

From operations +€103,192
Investment +€106,328
Financing -€214,349
Cash 2024 €189,260
Net result for the year +€85,996
Depreciation +€26,282
Receivables within one year -€4,360
Deferred charges and accrued income +€1,108
Trade debts +€698
Tax, wage and social debts -€2,784
Other debts -€3,106
Accrued charges and deferred income -€643
Investment in fixed assets (net) -€4,446
Current investments +€110,774
Contributions, distributions and other -€214,349
Cash 2025 €184,432
Every line side by side 44 lines
Line Code 2024 2025 Change %
Total assets 20/58 €688,794 €554,608 -€134,186 -19.5%
Fixed assets 21/28 €115,239 €93,403 -€21,836 -18.9%
Tangible fixed assets 22/27 €115,239 €93,403 -€21,836 -18.9%
Furniture and vehicles 24 €115,127 €93,403 -€21,724 -18.9%
Other tangible fixed assets 26 €112 €0 -€112 -100.0%
Current assets 29/58 €573,555 €461,205 -€112,350 -19.6%
Amounts receivable within one year 40/41 €17,424 €21,784 +€4,360 +25.0%
Trade receivables 40 €17,424 €21,780 +€4,356 +25.0%
Other amounts receivable 41 €0 €4 +€4
Current investments 50/53 €360,998 €250,225 -€110,774 -30.7%
Cash at bank and in hand 54/58 €189,260 €184,432 -€4,828 -2.6%
Deferred charges and accrued income 490/1 €5,872 €4,764 -€1,108 -18.9%
Total equity and liabilities 10/49 €688,794 €554,608 -€134,186 -19.5%
Equity 10/15 €644,955 €516,603 -€128,352 -19.9%
Contributions 10/11 €12,400 €12,400 = 0.0%
Reserves 13 €632,555 €504,203 -€128,352 -20.3%
Non-distributable reserves 130/1 €0 - =
Reserves not available under the articles 1311 €0 - =
Distributable reserves 133 €632,555 €504,203 -€128,352 -20.3%
Profit (loss) carried forward 14 €0 €0 =
Provisions and deferred taxes 16 €12,768 €12,768 = 0.0%
Provisions for liabilities and charges 160/5 €12,768 €12,768 = 0.0%
Pensions and similar obligations 160 €12,768 €12,768 = 0.0%
Amounts payable 17/49 €31,071 €25,237 -€5,834 -18.8%
Amounts payable within one year 42/48 €30,428 €25,237 -€5,191 -17.1%
Trade debts 44 €2,029 €2,728 +€698 +34.4%
Suppliers 440/4 €2,029 €2,728 +€698 +34.4%
Taxes, remuneration and social security 45 €14,688 €11,905 -€2,784 -19.0%
Taxes 450/3 €14,688 €11,905 -€2,784 -19.0%
Other amounts payable 47/48 €13,710 €10,605 -€3,106 -22.7%
Accrued charges and deferred income 492/3 €643 €0 -€643 -100.0%
Non-recurring operating income 76A €21,995 €0 -€21,995 -100.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €14,810 €26,282 +€11,472 +77.5%
Other operating charges 640/8 €951 €761 -€190 -19.9%
Gross operating margin 9900 €144,993 €117,459 -€27,533 -19.0%
Operating profit (loss) 9901 €129,232 €90,417 -€38,815 -30.0%
Financial income 75/76B €7,366 €30,175 +€22,809 +309.7%
Recurring financial income 75 €7,366 €30,175 +€22,809 +309.7%
Financial charges 65/66B -€12,028 €4,278 +€16,306
Recurring financial charges 65 -€12,028 €4,278 +€16,306
Profit (loss) for the period before taxes 9903 €148,625 €116,314 -€32,312 -21.7%
Income taxes 67/77 €39,883 €30,317 -€9,565 -24.0%
Profit (loss) for the period 9904 €108,743 €85,996 -€22,746 -20.9%
Profit (loss) for the period to be appropriated 9905 €108,743 €85,996 -€22,746 -20.9%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.