Bodacon: what changed
Bodacon
Largest movements
- Cash +€286,645
up €286,645 (+34.8%), from €824,678 to €1.1m
mainly Net result for the year (+€258,165) and Other debts (+€201,092)
- Tangible fixed assets -€53,195
down €53,195 (-19.9%), from €266,807 to €213,612
of which Plant, machinery and equipment: -€53,307
- Other debts +€201,092
up €201,092 (+146%), from €137,530 to €338,622
- Reserves +€109,460
up €109,460 (+5,885%), from €1,860 to €111,320
of which Tax-exempt reserves: +€109,460
- Profit (loss) carried forward -€51,295
down €51,295 (-6.2%), from €825,353 to €774,058
- Advances received -€20,000
no longer reported in 2025 (was €20,000)
- Tax, wage and social debts +€19,691
up €19,691 (+34.3%), from €57,458 to €77,149
of which Remuneration and social security: +€20,344
- Staff costs -€77,025
down €77,025 (-40.3%), from €191,149 to €114,124
- Gross operating margin -€60,215
down €60,215 (-9.7%), from €619,190 to €558,975
- Depreciation -€35,081
down €35,081 (-25.8%), from €135,748 to €100,667
- Taxes +€11,660
up €11,660 (+17.2%), from €67,688 to €79,347
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,186,525 | €1,429,174 | +€242,649 | +20.5% |
| Fixed assets | 21/28 | €266,807 | €213,612 | -€53,195 | -19.9% |
| Tangible fixed assets | 22/27 | €266,807 | €213,612 | -€53,195 | -19.9% |
| Plant, machinery and equipment | 23 | €231,903 | €178,596 | -€53,307 | -23.0% |
| Furniture and vehicles | 24 | €34,904 | €35,017 | +€112 | +0.3% |
| Current assets | 29/58 | €919,718 | €1,215,561 | +€295,844 | +32.2% |
| Stocks and contracts in progress | 3 | €28,050 | €35,200 | +€7,150 | +25.5% |
| Stocks | 30/36 | €28,050 | €35,200 | +€7,150 | +25.5% |
| Amounts receivable within one year | 40/41 | €57,786 | €60,435 | +€2,649 | +4.6% |
| Trade receivables | 40 | €37,911 | €56,574 | +€18,663 | +49.2% |
| Other amounts receivable | 41 | €19,876 | €3,861 | -€16,014 | -80.6% |
| Cash at bank and in hand | 54/58 | €824,678 | €1,111,324 | +€286,645 | +34.8% |
| Deferred charges and accrued income | 490/1 | €9,203 | €8,602 | -€601 | -6.5% |
| Total equity and liabilities | 10/49 | €1,186,525 | €1,429,174 | +€242,649 | +20.5% |
| Equity | 10/15 | €845,813 | €903,978 | +€58,165 | +6.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €111,320 | +€109,460 | +5,885% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €109,460 | +€109,460 | |
| Profit (loss) carried forward | 14 | €825,353 | €774,058 | -€51,295 | -6.2% |
| Amounts payable | 17/49 | €340,712 | €525,195 | +€184,484 | +54.1% |
| Amounts payable after more than one year | 17 | €30,123 | €18,418 | -€11,705 | -38.9% |
| Financial debts | 170/4 | €30,123 | €18,418 | -€11,705 | -38.9% |
| Amounts payable within one year | 42/48 | €310,588 | €506,777 | +€196,189 | +63.2% |
| Current portion of amounts payable after more than one year | 42 | €30,788 | €11,705 | -€19,083 | -62.0% |
| Trade debts | 44 | €64,812 | €79,301 | +€14,489 | +22.4% |
| Suppliers | 440/4 | €64,812 | €79,301 | +€14,489 | +22.4% |
| Advances received on contracts in progress | 46 | €20,000 | - | -€20,000 | |
| Taxes, remuneration and social security | 45 | €57,458 | €77,149 | +€19,691 | +34.3% |
| Taxes | 450/3 | €51,888 | €51,235 | -€653 | -1.3% |
| Remuneration and social security | 454/9 | €5,571 | €25,914 | +€20,344 | +365% |
| Other amounts payable | 47/48 | €137,530 | €338,622 | +€201,092 | +146% |
| Remuneration, social security and pensions | 62 | €191,149 | €114,124 | -€77,025 | -40.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €135,748 | €100,667 | -€35,081 | -25.8% |
| Other operating charges | 640/8 | €2,363 | €4,764 | +€2,401 | +102% |
| Gross operating margin | 9900 | €619,190 | €558,975 | -€60,215 | -9.7% |
| Operating profit (loss) | 9901 | €289,930 | €339,420 | +€49,490 | +17.1% |
| Financial income | 75/76B | €731 | - | -€731 | |
| Recurring financial income | 75 | €731 | - | -€731 | |
| Financial charges | 65/66B | €3,614 | €1,908 | -€1,706 | -47.2% |
| Recurring financial charges | 65 | €3,614 | €1,908 | -€1,706 | -47.2% |
| Profit (loss) for the period before taxes | 9903 | €287,047 | €337,512 | +€50,465 | +17.6% |
| Income taxes | 67/77 | €67,688 | €79,347 | +€11,660 | +17.2% |
| Profit (loss) for the period | 9904 | €219,359 | €258,165 | +€38,806 | +17.7% |
| Transfer to tax-exempt reserves | 689 | - | €109,460 | +€109,460 | |
| Profit (loss) for the period to be appropriated | 9905 | €219,359 | €148,705 | -€70,654 | -32.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.