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BOCO: 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

BOCO

BE 0452.013.763
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€4,568
2023 · €9,956-€14,524
Equity
€43,336
2023 · €47,904-€4,568
Cash
-
not filed
Balance sheet total
€61,354
2023 · €64,358-€3,004

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€3,004

    down €3,004 (-4.7%), from €64,358 to €61,354

    of which Land and buildings: -€3,004

Equity and liabilities
  • Profit (loss) carried forward -€4,568

    down €4,568 (-26.7%), from -€17,103 to -€21,671

  • Other debts +€1,099

    up €1,099 (+7.3%), from €14,969 to €16,068

Income statement
  • Gross operating margin -€11,108

    down €11,108 (-79.3%), from €14,003 to €2,896

  • Depreciation +€3,004

    new in 2024: €3,004

  • Financial charges +€285

    up €285 (+27.5%), from €1,035 to €1,320

From the 2023 result to the 2024 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 2023 €9,956
Gross operating margin -€11,108
Depreciation -€3,004
Other operating charges -€127
Financial charges -€285
Result 2024 -€4,568

Cash bridge derived

cash 2023 to 2024

Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.

Every line side by side 28 lines
Line Code 2023 2024 Change %
Total assets 20/58 €64,358 €61,354 -€3,004 -4.7%
Fixed assets 21/28 €64,358 €61,354 -€3,004 -4.7%
Tangible fixed assets 22/27 €64,358 €61,354 -€3,004 -4.7%
Land and buildings 22 €59,401 €56,396 -€3,004 -5.1%
Plant, machinery and equipment 23 €4,958 €4,958 = 0.0%
Total equity and liabilities 10/49 €64,358 €61,354 -€3,004 -4.7%
Equity 10/15 €47,904 €43,336 -€4,568 -9.5%
Contributions 10/11 €62,000 €62,000 = 0.0%
Capital 10 €62,000 €62,000 = 0.0%
Issued capital 100 €62,000 €62,000 = 0.0%
Reserves 13 €3,007 €3,007 = 0.0%
Non-distributable reserves 130/1 €3,007 €3,007 = 0.0%
Legal reserve 130 €3,007 €3,007 = 0.0%
Profit (loss) carried forward 14 -€17,103 -€21,671 -€4,568 -26.7%
Amounts payable 17/49 €16,454 €18,018 +€1,563 +9.5%
Amounts payable within one year 42/48 €16,454 €18,018 +€1,563 +9.5%
Financial debts 43 €1,486 €1,949 +€464 +31.2%
Credit institutions 430/8 €1,486 €1,949 +€464 +31.2%
Other amounts payable 47/48 €14,969 €16,068 +€1,099 +7.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 - €3,004 +€3,004
Other operating charges 640/8 €3,013 €3,139 +€127 +4.2%
Gross operating margin 9900 €14,003 €2,896 -€11,108 -79.3%
Operating profit (loss) 9901 €10,991 -€3,248 -€14,239
Financial charges 65/66B €1,035 €1,320 +€285 +27.5%
Recurring financial charges 65 €1,035 €1,320 +€285 +27.5%
Profit (loss) for the period before taxes 9903 €9,956 -€4,568 -€14,524
Profit (loss) for the period 9904 €9,956 -€4,568 -€14,524
Profit (loss) for the period to be appropriated 9905 €9,956 -€4,568 -€14,524

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.