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.
BOCO
Largest movements
- Current investments +€100,237
new in 2025: €100,237
- Cash -€51,131
down €51,131 (-63.9%), from €80,018 to €28,887
mainly Current investments (-€100,237) and Other debts (-€24)
- Tangible fixed assets -€13,684
down €13,684 (-3.3%), from €413,246 to €399,562
- Profit (loss) carried forward +€22,976
no longer reported in 2025 (was -€22,976)
- Reserves +€9,058
up €9,058 (+69.1%), from €13,103 to €22,162
- Gross operating margin +€32,831
up €32,831 (+66.1%), from €49,682 to €82,513
- Other operating charges +€10,601
up €10,601 (+45.8%), from €23,137 to €33,738
- Taxes +€3,000
new in 2025: €3,000
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.
Cash bridge derived
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 | €591,561 | €626,571 | +€35,010 | +5.9% |
| Fixed assets | 21/28 | €413,246 | €399,562 | -€13,684 | -3.3% |
| Tangible fixed assets | 22/27 | €413,246 | €399,562 | -€13,684 | -3.3% |
| Land and buildings | 22 | €413,246 | €399,562 | -€13,684 | -3.3% |
| Current assets | 29/58 | €178,315 | €227,009 | +€48,695 | +27.3% |
| Amounts receivable within one year | 40/41 | €98,296 | €97,885 | -€412 | -0.4% |
| Trade receivables | 40 | €50,412 | €50,000 | -€412 | -0.8% |
| Other amounts receivable | 41 | €47,885 | €47,885 | = | 0.0% |
| Current investments | 50/53 | - | €100,237 | +€100,237 | |
| Cash at bank and in hand | 54/58 | €80,018 | €28,887 | -€51,131 | -63.9% |
| Total equity and liabilities | 10/49 | €591,561 | €626,571 | +€35,010 | +5.9% |
| Equity | 10/15 | €585,567 | €617,602 | +€32,035 | +5.5% |
| Contributions | 10/11 | €595,440 | €595,440 | = | 0.0% |
| Capital | 10 | €595,440 | €595,440 | = | 0.0% |
| Issued capital | 100 | €595,440 | €595,440 | = | 0.0% |
| Reserves | 13 | €13,103 | €22,162 | +€9,058 | +69.1% |
| Non-distributable reserves | 130/1 | €13,103 | €22,162 | +€9,058 | +69.1% |
| Legal reserve | 130 | €13,103 | €22,162 | +€9,058 | +69.1% |
| Profit (loss) carried forward | 14 | -€22,976 | - | +€22,976 | |
| Amounts payable | 17/49 | €5,993 | €8,969 | +€2,976 | +49.7% |
| Amounts payable within one year | 42/48 | €5,993 | €8,969 | +€2,976 | +49.7% |
| Taxes, remuneration and social security | 45 | - | €3,000 | +€3,000 | |
| Taxes | 450/3 | - | €3,000 | +€3,000 | |
| Other amounts payable | 47/48 | €5,993 | €5,969 | -€24 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,684 | €13,684 | = | 0.0% |
| Other operating charges | 640/8 | €23,137 | €33,738 | +€10,601 | +45.8% |
| Gross operating margin | 9900 | €49,682 | €82,513 | +€32,831 | +66.1% |
| Operating profit (loss) | 9901 | €12,861 | €35,091 | +€22,230 | +172.9% |
| Financial charges | 65/66B | €105 | €56 | -€49 | -46.7% |
| Recurring financial charges | 65 | €105 | €56 | -€49 | -46.7% |
| Profit (loss) for the period before taxes | 9903 | €12,756 | €35,035 | +€22,279 | +174.7% |
| Income taxes | 67/77 | - | €3,000 | +€3,000 | |
| Profit (loss) for the period | 9904 | €12,756 | €32,035 | +€19,279 | +151.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,756 | €32,035 | +€19,279 | +151.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.