BOCO STUDIO: 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 STUDIO
Largest movements
- Cash +€84,397
up €84,397 (+59.1%), from €142,702 to €227,099
mainly Other debts (+€134,868) and Net result for the year (+€92,829)
- Receivables within one year +€21,494
up €21,494 (+28.6%), from €75,035 to €96,530
of which Trade receivables: +€24,240
- Tangible fixed assets -€7,545
down €7,545 (-40.2%), from €18,775 to €11,230
- Other debts +€134,868
up €134,868 (+82.2%), from €164,148 to €299,017
- Profit (loss) carried forward -€42,171
down €42,171 (-74.8%), from €56,402 to €14,230
- Tax, wage and social debts +€14,911
up €14,911 (+245.3%), from €6,080 to €20,991
of which Taxes: +€8,426
- Trade debts -€10,864
down €10,864 (-99.8%), from €10,889 to €24
- Gross operating margin +€44,067
up €44,067 (+38.8%), from €113,490 to €157,557
- Staff costs +€24,798
new in 2025: €24,798
- Taxes +€6,565
up €6,565 (+33.5%), from €19,588 to €26,153
- Financial income +€3,442
up €3,442 (+5440.1%), from €63 to €3,505
- Depreciation -€2,921
down €2,921 (-20.5%), from €14,245 to €11,324
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 | €239,018 | €335,762 | +€96,743 | +40.5% |
| Fixed assets | 21/28 | €18,775 | €11,313 | -€7,462 | -39.7% |
| Tangible fixed assets | 22/27 | €18,775 | €11,230 | -€7,545 | -40.2% |
| Furniture and vehicles | 24 | €18,775 | €11,230 | -€7,545 | -40.2% |
| Financial fixed assets | 28 | - | €83 | +€83 | |
| Current assets | 29/58 | €220,243 | €324,448 | +€104,205 | +47.3% |
| Amounts receivable within one year | 40/41 | €75,035 | €96,530 | +€21,494 | +28.6% |
| Trade receivables | 40 | €70,249 | €94,488 | +€24,240 | +34.5% |
| Other amounts receivable | 41 | €4,787 | €2,042 | -€2,745 | -57.4% |
| Cash at bank and in hand | 54/58 | €142,702 | €227,099 | +€84,397 | +59.1% |
| Deferred charges and accrued income | 490/1 | €2,506 | €819 | -€1,687 | -67.3% |
| Total equity and liabilities | 10/49 | €239,018 | €335,762 | +€96,743 | +40.5% |
| Equity | 10/15 | €57,902 | €15,730 | -€42,171 | -72.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,402 | €14,230 | -€42,171 | -74.8% |
| Amounts payable | 17/49 | €181,117 | €320,031 | +€138,915 | +76.7% |
| Amounts payable within one year | 42/48 | €181,117 | €320,031 | +€138,915 | +76.7% |
| Trade debts | 44 | €10,889 | €24 | -€10,864 | -99.8% |
| Suppliers | 440/4 | €10,889 | €24 | -€10,864 | -99.8% |
| Taxes, remuneration and social security | 45 | €6,080 | €20,991 | +€14,911 | +245.3% |
| Taxes | 450/3 | €6,080 | €14,505 | +€8,426 | +138.6% |
| Remuneration and social security | 454/9 | - | €6,485 | +€6,485 | |
| Other amounts payable | 47/48 | €164,148 | €299,017 | +€134,868 | +82.2% |
| Remuneration, social security and pensions | 62 | - | €24,798 | +€24,798 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,245 | €11,324 | -€2,921 | -20.5% |
| Other operating charges | 640/8 | €674 | €1,412 | +€738 | +109.4% |
| Gross operating margin | 9900 | €113,490 | €157,557 | +€44,067 | +38.8% |
| Operating profit (loss) | 9901 | €98,571 | €120,023 | +€21,452 | +21.8% |
| Financial income | 75/76B | €63 | €3,505 | +€3,442 | +5440.1% |
| Recurring financial income | 75 | €63 | €3,505 | +€3,442 | +5440.1% |
| Financial charges | 65/66B | €3,480 | €4,546 | +€1,066 | +30.6% |
| Recurring financial charges | 65 | €3,480 | €4,546 | +€1,066 | +30.6% |
| Profit (loss) for the period before taxes | 9903 | €95,154 | €118,982 | +€23,828 | +25.0% |
| Income taxes | 67/77 | €19,588 | €26,153 | +€6,565 | +33.5% |
| Profit (loss) for the period | 9904 | €75,566 | €92,829 | +€17,263 | +22.8% |
| Profit (loss) for the period to be appropriated | 9905 | €75,566 | €92,829 | +€17,263 | +22.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.