BOCOUPE: 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.
BOCOUPE
Largest movements
- Tangible fixed assets +€25,675
up €25,675 (+50.5%), from €50,854 to €76,529
of which Furniture and vehicles: +€30,465
- Cash +€16,018
up €16,018 (+18.8%), from €85,292 to €101,310
mainly Net result for the year (+€22,144) and Debts after one year (+€15,660)
- Receivables within one year -€2,403
down €2,403 (-94.8%), from €2,534 to €131
of which Trade receivables: -€2,270
- Stocks and contracts +€2,386
up €2,386 (+17.8%), from €13,396 to €15,783
- Reserves +€22,144
up €22,144 (+64.9%), from €34,133 to €56,278
- Debts after one year +€15,660
up €15,660 (+18.7%), from €83,848 to €99,508
- Tax, wage and social debts -€9,993
down €9,993 (-60.4%), from €16,540 to €6,547
of which Taxes: -€10,527
- Current portion of long-term debt +€6,427
up €6,427 (+93.0%), from €6,908 to €13,335
- Other debts +€4,828
up €4,828 (+105.6%), from €4,571 to €9,399
- Gross operating margin +€5,467
up €5,467 (+6.1%), from €89,936 to €95,403
- Depreciation +€5,224
up €5,224 (+66.1%), from €7,898 to €13,122
- Taxes -€1,845
down €1,845 (-15.6%), from €11,842 to €9,996
- Staff costs -€1,099
down €1,099 (-2.3%), from €47,127 to €46,027
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 | €156,944 | €198,703 | +€41,759 | +26.6% |
| Fixed assets | 21/28 | €53,774 | €79,449 | +€25,675 | +47.7% |
| Tangible fixed assets | 22/27 | €50,854 | €76,529 | +€25,675 | +50.5% |
| Plant, machinery and equipment | 23 | €468 | €2,535 | +€2,067 | +441.4% |
| Furniture and vehicles | 24 | €1,406 | €31,872 | +€30,465 | +2166.2% |
| Other tangible fixed assets | 26 | €48,979 | €42,122 | -€6,857 | -14.0% |
| Financial fixed assets | 28 | €2,920 | €2,920 | = | 0.0% |
| Current assets | 29/58 | €103,170 | €119,254 | +€16,084 | +15.6% |
| Stocks and contracts in progress | 3 | €13,396 | €15,783 | +€2,386 | +17.8% |
| Stocks | 30/36 | €13,396 | €15,783 | +€2,386 | +17.8% |
| Amounts receivable within one year | 40/41 | €2,534 | €131 | -€2,403 | -94.8% |
| Trade receivables | 40 | €2,397 | €127 | -€2,270 | -94.7% |
| Other amounts receivable | 41 | €137 | €4 | -€133 | -97.3% |
| Cash at bank and in hand | 54/58 | €85,292 | €101,310 | +€16,018 | +18.8% |
| Deferred charges and accrued income | 490/1 | €1,947 | €2,030 | +€83 | +4.3% |
| Total equity and liabilities | 10/49 | €156,944 | €198,703 | +€41,759 | +26.6% |
| Equity | 10/15 | €37,133 | €59,278 | +€22,144 | +59.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €34,133 | €56,278 | +€22,144 | +64.9% |
| Distributable reserves | 133 | €34,133 | €56,278 | +€22,144 | +64.9% |
| Amounts payable | 17/49 | €119,811 | €139,425 | +€19,614 | +16.4% |
| Amounts payable after more than one year | 17 | €83,848 | €99,508 | +€15,660 | +18.7% |
| Financial debts | 170/4 | €83,848 | €99,508 | +€15,660 | +18.7% |
| Amounts payable within one year | 42/48 | €34,419 | €37,427 | +€3,008 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €6,908 | €13,335 | +€6,427 | +93.0% |
| Trade debts | 44 | €6,399 | €8,146 | +€1,747 | +27.3% |
| Suppliers | 440/4 | €6,399 | €8,146 | +€1,747 | +27.3% |
| Taxes, remuneration and social security | 45 | €16,540 | €6,547 | -€9,993 | -60.4% |
| Taxes | 450/3 | €15,114 | €4,588 | -€10,527 | -69.6% |
| Remuneration and social security | 454/9 | €1,426 | €1,959 | +€533 | +37.4% |
| Other amounts payable | 47/48 | €4,571 | €9,399 | +€4,828 | +105.6% |
| Accrued charges and deferred income | 492/3 | €1,544 | €2,490 | +€946 | +61.2% |
| Remuneration, social security and pensions | 62 | €47,127 | €46,027 | -€1,099 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,898 | €13,122 | +€5,224 | +66.1% |
| Other operating charges | 640/8 | €1,003 | €1,362 | +€359 | +35.8% |
| Gross operating margin | 9900 | €89,936 | €95,403 | +€5,467 | +6.1% |
| Operating profit (loss) | 9901 | €33,909 | €34,892 | +€984 | +2.9% |
| Financial income | 75/76B | €518 | €0 | -€518 | -100.0% |
| Recurring financial income | 75 | €518 | €0 | -€518 | -100.0% |
| Financial charges | 65/66B | €1,943 | €2,752 | +€809 | +41.6% |
| Recurring financial charges | 65 | €1,943 | €2,752 | +€809 | +41.6% |
| Profit (loss) for the period before taxes | 9903 | €32,484 | €32,141 | -€343 | -1.1% |
| Income taxes | 67/77 | €11,842 | €9,996 | -€1,845 | -15.6% |
| Profit (loss) for the period | 9904 | €20,642 | €22,144 | +€1,502 | +7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,642 | €22,144 | +€1,502 | +7.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.