BOCKEN: 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.
BOCKEN
Largest movements
- Receivables within one year -€57,918
down €57,918 (-6.9%), from €841,916 to €783,997
of which Other amounts receivable: -€102,567
- Deferred charges and accrued income -€28,394
down €28,394 (-59.4%), from €47,810 to €19,415
- Stocks and contracts -€23,912
down €23,912 (-20.3%), from €118,009 to €94,097
- Tangible fixed assets -€23,343
down €23,343 (-12.4%), from €187,760 to €164,417
of which Plant, machinery and equipment: -€16,929
- Other debts -€74,251
down €74,251 (-8.8%), from €845,354 to €771,103
- Reserves -€49,976
down €49,976 (-8.3%), from €599,095 to €549,118
of which Distributable reserves: -€49,976
- Trade debts +€44,804
up €44,804 (+50.4%), from €88,874 to €133,678
- Debts after one year -€43,817
down €43,817 (-51.9%), from €84,398 to €40,581
- Financial income -€21,600
down €21,600 (-99.3%), from €21,760 to €161
- Gross operating margin -€17,478
down €17,478 (-18.0%), from €97,182 to €79,704
- Staff costs +€6,924
up €6,924 (+8.7%), from €79,337 to €86,261
- Depreciation -€2,841
down €2,841 (-10.0%), from €28,358 to €25,518
- Financial charges -€1,852
down €1,852 (-20.4%), from €9,097 to €7,244
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,748,445 | €1,631,958 | -€116,487 | -6.7% |
| Fixed assets | 21/28 | €682,760 | €659,417 | -€23,343 | -3.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €187,760 | €164,417 | -€23,343 | -12.4% |
| Land and buildings | 22 | €95,505 | €93,515 | -€1,990 | -2.1% |
| Plant, machinery and equipment | 23 | €49,422 | €32,493 | -€16,929 | -34.3% |
| Furniture and vehicles | 24 | €42,833 | €38,409 | -€4,424 | -10.3% |
| Financial fixed assets | 28 | €495,000 | €495,000 | = | 0.0% |
| Current assets | 29/58 | €1,065,685 | €972,541 | -€93,144 | -8.7% |
| Stocks and contracts in progress | 3 | €118,009 | €94,097 | -€23,912 | -20.3% |
| Stocks | 30/36 | €118,009 | €94,097 | -€23,912 | -20.3% |
| Amounts receivable within one year | 40/41 | €841,916 | €783,997 | -€57,918 | -6.9% |
| Trade receivables | 40 | €137,261 | €181,910 | +€44,649 | +32.5% |
| Other amounts receivable | 41 | €704,654 | €602,087 | -€102,567 | -14.6% |
| Cash at bank and in hand | 54/58 | €57,951 | €75,032 | +€17,080 | +29.5% |
| Deferred charges and accrued income | 490/1 | €47,810 | €19,415 | -€28,394 | -59.4% |
| Total equity and liabilities | 10/49 | €1,748,445 | €1,631,958 | -€116,487 | -6.7% |
| Equity | 10/15 | €669,095 | €619,118 | -€49,976 | -7.5% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Capital | 10 | €70,000 | €70,000 | = | 0.0% |
| Issued capital | 100 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €599,095 | €549,118 | -€49,976 | -8.3% |
| Non-distributable reserves | 130/1 | €7,000 | €7,000 | = | 0.0% |
| Legal reserve | 130 | €7,000 | €7,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €331,064 | €331,064 | = | 0.0% |
| Distributable reserves | 133 | €261,030 | €211,054 | -€49,976 | -19.1% |
| Amounts payable | 17/49 | €1,079,350 | €1,012,840 | -€66,511 | -6.2% |
| Amounts payable after more than one year | 17 | €84,398 | €40,581 | -€43,817 | -51.9% |
| Financial debts | 170/4 | €84,398 | €40,581 | -€43,817 | -51.9% |
| Amounts payable within one year | 42/48 | €994,952 | €972,259 | -€22,694 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €43,349 | €43,817 | +€468 | +1.1% |
| Trade debts | 44 | €88,874 | €133,678 | +€44,804 | +50.4% |
| Suppliers | 440/4 | €88,874 | €133,678 | +€44,804 | +50.4% |
| Taxes, remuneration and social security | 45 | €17,376 | €23,661 | +€6,284 | +36.2% |
| Taxes | 450/3 | €96 | €2,151 | +€2,055 | +2144.9% |
| Remuneration and social security | 454/9 | €17,280 | €21,510 | +€4,230 | +24.5% |
| Other amounts payable | 47/48 | €845,354 | €771,103 | -€74,251 | -8.8% |
| Non-recurring operating income | 76A | €14,552 | - | -€14,552 | |
| Remuneration, social security and pensions | 62 | €79,337 | €86,261 | +€6,924 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,358 | €25,518 | -€2,841 | -10.0% |
| Other operating charges | 640/8 | €12,413 | €10,817 | -€1,596 | -12.9% |
| Gross operating margin | 9900 | €97,182 | €79,704 | -€17,478 | -18.0% |
| Operating profit (loss) | 9901 | -€22,927 | -€42,893 | -€19,966 | -87.1% |
| Financial income | 75/76B | €21,760 | €161 | -€21,600 | -99.3% |
| Recurring financial income | 75 | €21,760 | €161 | -€21,600 | -99.3% |
| Financial charges | 65/66B | €9,097 | €7,244 | -€1,852 | -20.4% |
| Recurring financial charges | 65 | €9,097 | €7,244 | -€1,852 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,263 | -€49,976 | -€39,713 | -386.9% |
| Profit (loss) for the period | 9904 | -€10,263 | -€49,976 | -€39,713 | -386.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,263 | -€49,976 | -€39,713 | -386.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.