BOCRA: 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.
BOCRA
Largest movements
- Receivables within one year -€104,195
down €104,195 (-79.0%), from €131,963 to €27,768
of which Trade receivables: -€53,931
- Cash +€80,226
up €80,226 (+94.5%), from €84,896 to €165,122
mainly Net result for the year (+€144,540) and Receivables within one year (+€104,195)
- Tangible fixed assets +€73,449
up €73,449 (+4.1%), from €1.8m to €1.8m
of which Land and buildings: +€73,834
- Reserves +€124,454
up €124,454 (+11.1%), from €1.1m to €1.2m
of which Distributable reserves: +€146,300
- Debts after one year -€29,815
down €29,815 (-16.0%), from €186,033 to €156,218
- Trade debts -€29,656
down €29,656 (-77.8%), from €38,123 to €8,467
- Other operating charges -€10,105
down €10,105 (-35.3%), from €28,588 to €18,483
- Depreciation +€7,174
up €7,174 (+21.7%), from €33,069 to €40,242
- Financial charges +€5,966
up €5,966 (+11.6%), from €51,513 to €57,479
- Gross operating margin -€3,619
down €3,619 (-1.1%), from €321,020 to €317,401
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 | €2,463,057 | €2,512,714 | +€49,656 | +2.0% |
| Fixed assets | 21/28 | €2,245,581 | €2,319,030 | +€73,449 | +3.3% |
| Tangible fixed assets | 22/27 | €1,770,260 | €1,843,709 | +€73,449 | +4.1% |
| Land and buildings | 22 | €1,767,814 | €1,841,648 | +€73,834 | +4.2% |
| Plant, machinery and equipment | 23 | €2,446 | €2,061 | -€385 | -15.7% |
| Financial fixed assets | 28 | €475,321 | €475,321 | = | 0.0% |
| Current assets | 29/58 | €217,476 | €193,684 | -€23,792 | -10.9% |
| Amounts receivable within one year | 40/41 | €131,963 | €27,768 | -€104,195 | -79.0% |
| Trade receivables | 40 | €81,698 | €27,768 | -€53,931 | -66.0% |
| Other amounts receivable | 41 | €50,265 | - | -€50,265 | |
| Current investments | 50/53 | €129 | €145 | +€16 | +12.2% |
| Cash at bank and in hand | 54/58 | €84,896 | €165,122 | +€80,226 | +94.5% |
| Deferred charges and accrued income | 490/1 | €488 | €649 | +€162 | +33.1% |
| Total equity and liabilities | 10/49 | €2,463,057 | €2,512,714 | +€49,656 | +2.0% |
| Equity | 10/15 | €1,169,274 | €1,293,814 | +€124,540 | +10.7% |
| Contributions | 10/11 | €22,750 | €22,750 | = | 0.0% |
| Reserves | 13 | €1,118,274 | €1,242,728 | +€124,454 | +11.1% |
| Tax-exempt reserves | 132 | €621,816 | €599,970 | -€21,846 | -3.5% |
| Distributable reserves | 133 | €496,458 | €642,758 | +€146,300 | +29.5% |
| Profit (loss) carried forward | 14 | €28,250 | €28,336 | +€86 | +0.3% |
| Provisions and deferred taxes | 16 | €155,454 | €149,993 | -€5,461 | -3.5% |
| Deferred taxes | 168 | €155,454 | €149,993 | -€5,461 | -3.5% |
| Amounts payable | 17/49 | €1,138,330 | €1,068,907 | -€69,422 | -6.1% |
| Amounts payable after more than one year | 17 | €186,033 | €156,218 | -€29,815 | -16.0% |
| Financial debts | 170/4 | €186,033 | €156,218 | -€29,815 | -16.0% |
| Amounts payable within one year | 42/48 | €869,317 | €826,685 | -€42,632 | -4.9% |
| Current portion of amounts payable after more than one year | 42 | €29,520 | €29,815 | +€294 | +1.0% |
| Trade debts | 44 | €38,123 | €8,467 | -€29,656 | -77.8% |
| Suppliers | 440/4 | €38,123 | €8,467 | -€29,656 | -77.8% |
| Taxes, remuneration and social security | 45 | €40,626 | €38,541 | -€2,085 | -5.1% |
| Taxes | 450/3 | €40,626 | €38,541 | -€2,085 | -5.1% |
| Other amounts payable | 47/48 | €761,047 | €749,861 | -€11,186 | -1.5% |
| Accrued charges and deferred income | 492/3 | €82,980 | €86,005 | +€3,025 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,069 | €40,242 | +€7,174 | +21.7% |
| Other operating charges | 640/8 | €28,588 | €18,483 | -€10,105 | -35.3% |
| Gross operating margin | 9900 | €321,020 | €317,401 | -€3,619 | -1.1% |
| Operating profit (loss) | 9901 | €259,363 | €258,675 | -€688 | -0.3% |
| Financial income | 75/76B | €0 | €516 | +€516 | +644900.0% |
| Recurring financial income | 75 | €0 | €516 | +€516 | +644900.0% |
| Financial charges | 65/66B | €51,513 | €57,479 | +€5,966 | +11.6% |
| Recurring financial charges | 65 | €51,513 | €57,479 | +€5,966 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | €207,850 | €201,712 | -€6,138 | -3.0% |
| Transfer from deferred taxes | 780 | €3,150 | €5,461 | +€2,311 | +73.4% |
| Income taxes | 67/77 | €59,598 | €62,634 | +€3,035 | +5.1% |
| Profit (loss) for the period | 9904 | €151,402 | €144,540 | -€6,862 | -4.5% |
| Transfer from tax-exempt reserves | 789 | €12,601 | €21,846 | +€9,244 | +73.4% |
| Profit (loss) for the period to be appropriated | 9905 | €164,003 | €166,386 | +€2,382 | +1.5% |
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 28 September 2026 via checked.be.