BODA: 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.
BODA
Largest movements
- Receivables within one year +€30,043
up €30,043 (+607.0%), from €4,949 to €34,992
of which Trade receivables: +€29,859
- Tangible fixed assets -€9,764
down €9,764 (-26.6%), from €36,749 to €26,985
of which Furniture and vehicles: -€8,656
- Deferred charges and accrued income -€8,626
down €8,626 (-100.0%), from €8,626 to €0
- Cash -€2,333
down €2,333 (-5.0%), from €46,778 to €44,445
mainly Receivables within one year (-€30,043) and Debts after one year (-€4,992)
- Tax, wage and social debts +€11,685
up €11,685 (+130.7%), from €8,940 to €20,625
of which Remuneration and social security: +€8,522
- Debts after one year -€4,992
down €4,992 (-32.0%), from €15,582 to €10,590
- Reserves +€4,000
up €4,000 (+7.9%), from €50,560 to €54,560
- Trade debts -€1,484
down €1,484 (-69.6%), from €2,132 to €648
- Gross operating margin -€6,839
down €6,839 (-27.5%), from €24,893 to €18,054
- Taxes -€2,230
down €2,230 (-49.8%), from €4,479 to €2,249
- Other operating charges +€1,016
up €1,016 (+317.0%), from €321 to €1,337
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 | €97,102 | €106,422 | +€9,321 | +9.6% |
| Fixed assets | 21/28 | €36,749 | €26,985 | -€9,764 | -26.6% |
| Tangible fixed assets | 22/27 | €36,749 | €26,985 | -€9,764 | -26.6% |
| Plant, machinery and equipment | 23 | €2,233 | €1,350 | -€883 | -39.5% |
| Furniture and vehicles | 24 | €34,292 | €25,635 | -€8,656 | -25.2% |
| Other tangible fixed assets | 26 | €225 | €0 | -€225 | -100.0% |
| Current assets | 29/58 | €60,353 | €79,437 | +€19,084 | +31.6% |
| Amounts receivable within one year | 40/41 | €4,949 | €34,992 | +€30,043 | +607.0% |
| Trade receivables | 40 | €3,383 | €33,241 | +€29,859 | +882.7% |
| Other amounts receivable | 41 | €1,566 | €1,751 | +€184 | +11.8% |
| Cash at bank and in hand | 54/58 | €46,778 | €44,445 | -€2,333 | -5.0% |
| Deferred charges and accrued income | 490/1 | €8,626 | €0 | -€8,626 | -100.0% |
| Total equity and liabilities | 10/49 | €97,102 | €106,422 | +€9,321 | +9.6% |
| Equity | 10/15 | €63,720 | €67,751 | +€4,031 | +6.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €50,560 | €54,560 | +€4,000 | +7.9% |
| Distributable reserves | 133 | €50,560 | €54,560 | +€4,000 | +7.9% |
| Profit (loss) carried forward | 14 | €760 | €791 | +€31 | +4.1% |
| Amounts payable | 17/49 | €33,382 | €38,672 | +€5,290 | +15.8% |
| Amounts payable after more than one year | 17 | €15,582 | €10,590 | -€4,992 | -32.0% |
| Financial debts | 170/4 | €15,582 | €10,590 | -€4,992 | -32.0% |
| Amounts payable within one year | 42/48 | €15,999 | €26,516 | +€10,517 | +65.7% |
| Current portion of amounts payable after more than one year | 42 | €4,801 | €4,992 | +€192 | +4.0% |
| Trade debts | 44 | €2,132 | €648 | -€1,484 | -69.6% |
| Suppliers | 440/4 | €2,132 | €648 | -€1,484 | -69.6% |
| Taxes, remuneration and social security | 45 | €8,940 | €20,625 | +€11,685 | +130.7% |
| Taxes | 450/3 | €6,114 | €9,277 | +€3,163 | +51.7% |
| Remuneration and social security | 454/9 | €2,826 | €11,348 | +€8,522 | +301.6% |
| Other amounts payable | 47/48 | €126 | €250 | +€124 | +98.4% |
| Accrued charges and deferred income | 492/3 | €1,801 | €1,566 | -€235 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,695 | €9,539 | -€156 | -1.6% |
| Other operating charges | 640/8 | €321 | €1,337 | +€1,016 | +317.0% |
| Gross operating margin | 9900 | €24,893 | €18,054 | -€6,839 | -27.5% |
| Operating profit (loss) | 9901 | €14,878 | €7,178 | -€7,699 | -51.8% |
| Financial income | 75/76B | €153 | €0 | -€153 | -100.0% |
| Recurring financial income | 75 | €153 | €0 | -€153 | -100.0% |
| Financial charges | 65/66B | €959 | €898 | -€61 | -6.3% |
| Recurring financial charges | 65 | €959 | €898 | -€61 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €14,072 | €6,280 | -€7,792 | -55.4% |
| Income taxes | 67/77 | €4,479 | €2,249 | -€2,230 | -49.8% |
| Profit (loss) for the period | 9904 | €9,592 | €4,031 | -€5,561 | -58.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,592 | €4,031 | -€5,561 | -58.0% |
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 4 October 2026 via checked.be.