BOCO FOOD CONCEPTS: 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.
BOCO FOOD CONCEPTS
Largest movements
- Cash +€34,475
up €34,475 (+72.7%), from €47,401 to €81,875
mainly Net result for the year (+€26,289) and Depreciation (+€11,248)
- Tangible fixed assets -€11,248
down €11,248 (-9.3%), from €121,449 to €110,201
- Equity +€25,489
up €25,489 (+21.3%), from €119,506 to €144,995
of which Reserves: +€25,489
- Debts after one year -€6,484
down €6,484 (-49.7%), from €13,049 to €6,565
- Debts within one year +€6,031
up €6,031 (+10.4%), from €58,097 to €64,129
of which Tax, wage and social debts: +€52,512
- Gross operating margin -€110,640
down €110,640 (-69.0%), from €160,391 to €49,751
- Taxes -€32,609
down €32,609 (-83.8%), from €38,918 to €6,309
- Depreciation +€3,323
up €3,323 (+41.9%), from €7,925 to €11,248
- Financial charges +€2,787
new in 2021: €2,787
- Other operating charges +€2,693
new in 2021: €2,693
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €190,652 | €215,688 | +€25,036 | +13.1% |
| Fixed assets | 21/28 | €121,449 | €110,201 | -€11,248 | -9.3% |
| Tangible fixed assets | 22/27 | €121,449 | €110,201 | -€11,248 | -9.3% |
| Land and buildings | 22 | - | €94,515 | +€94,515 | |
| Plant, machinery and equipment | 23 | - | €6,079 | +€6,079 | |
| Furniture and vehicles | 24 | - | €9,608 | +€9,608 | |
| Current assets | 29/58 | €69,203 | €105,488 | +€36,284 | +52.4% |
| Amounts receivable within one year | 40/41 | €21,803 | €23,612 | +€1,810 | +8.3% |
| Trade receivables | 40 | - | €23,602 | +€23,602 | |
| Other amounts receivable | 41 | - | €10 | +€10 | |
| Cash at bank and in hand | 54/58 | €47,401 | €81,875 | +€34,475 | +72.7% |
| Total equity and liabilities | 10/49 | €190,652 | €215,688 | +€25,036 | +13.1% |
| Equity | 10/15 | €119,506 | €144,995 | +€25,489 | +21.3% |
| Contributions | 10/11 | - | €2,500 | +€2,500 | |
| Contributions outside capital | 11 | - | €2,500 | +€2,500 | |
| Other | 1109/19 | - | €2,500 | +€2,500 | |
| Reserves | 13 | €117,006 | €142,495 | +€25,489 | +21.8% |
| Non-distributable reserves | 130/1 | - | €100,486 | +€100,486 | |
| Reserves not available under the articles | 1311 | - | €100,486 | +€100,486 | |
| Distributable reserves | 133 | - | €42,009 | +€42,009 | |
| Amounts payable | 17/49 | €71,146 | €70,694 | -€453 | -0.6% |
| Amounts payable after more than one year | 17 | €13,049 | €6,565 | -€6,484 | -49.7% |
| Financial debts | 170/4 | - | €6,565 | +€6,565 | |
| Amounts payable within one year | 42/48 | €58,097 | €64,129 | +€6,031 | +10.4% |
| Current portion of amounts payable after more than one year | 42 | - | €6,484 | +€6,484 | |
| Trade debts | 44 | €2,967 | €4,097 | +€1,129 | +38.1% |
| Suppliers | 440/4 | - | €4,097 | +€4,097 | |
| Taxes, remuneration and social security | 45 | - | €52,512 | +€52,512 | |
| Taxes | 450/3 | - | €52,512 | +€52,512 | |
| Other amounts payable | 47/48 | - | €1,036 | +€1,036 | |
| Remuneration, social security and pensions | 62 | - | €425 | +€425 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,925 | €11,248 | +€3,323 | +41.9% |
| Other operating charges | 640/8 | - | €2,693 | +€2,693 | |
| Gross operating margin | 9900 | €160,391 | €49,751 | -€110,640 | -69.0% |
| Operating profit (loss) | 9901 | €141,981 | €35,385 | -€106,596 | -75.1% |
| Financial charges | 65/66B | - | €2,787 | +€2,787 | |
| Recurring financial charges | 65 | €2,827 | €2,787 | -€40 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €139,154 | €32,598 | -€106,556 | -76.6% |
| Income taxes | 67/77 | €38,918 | €6,309 | -€32,609 | -83.8% |
| Profit (loss) for the period | 9904 | €100,236 | €26,289 | -€73,947 | -73.8% |
| Profit (loss) for the period to be appropriated | 9905 | €100,236 | €26,289 | -€73,947 | -73.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.