BODECOR: 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.
What changed
BODECOR
NACE 46.412, Wholesale of household textiles and bedding
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€190,166
2024 · €280,946-€90,779
Equity
€1.5m
2024 · €1.5m+€15,166
Cash
€1.4m
2024 · €1.2m+€193,573
Balance sheet total
€1.7m
2024 · €1.9m-€198,163
Largest movements
Assets
- Receivables after one year -€335,030
down €335,030 (-83.0%), from €403,597 to €68,567
- Cash +€193,573
up €193,573 (+16.4%), from €1.2m to €1.4m
mainly Receivables after one year (+€335,030) and Net result for the year (+€190,166)
- Tangible fixed assets -€34,690
down €34,690 (-39.9%), from €86,979 to €52,290
of which Furniture and vehicles: -€20,570
Equity and liabilities
- Other debts -€175,339
down €175,339 (-49.8%), from €352,415 to €177,076
- Trade debts -€33,829
down €33,829 (-78.5%), from €43,075 to €9,245
Income statement
- Gross operating margin -€126,287
down €126,287 (-31.3%), from €403,362 to €277,075
- Taxes -€30,375
down €30,375 (-31.5%), from €96,511 to €66,136
- Depreciation -€8,002
down €8,002 (-26.5%), from €30,253 to €22,250
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.
Result 2024
€280,946
Gross operating margin
-€126,287
Staff costs
+€2,365
Depreciation
+€8,002
Write-downs
+€1,208
Other operating charges
+€142
Other operating items
-€2,701
Financial income
-€3,852
Financial charges
-€30
Taxes
+€30,375
Result 2025
€190,166
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€357,297
Investment
+€11,276
Financing
-€175,000
Cash 2024
€1.2m
From operations (derived)
+€357,297
Net result for the year
+€190,166
Depreciation
+€22,250
Receivables after one year
+€335,030
Stocks and contracts
+€11,016
Receivables within one year
+€12,165
Trade debts
-€33,829
Tax, wage and social debts
-€4,161
Other debts
-€175,339
Investment (derived)
+€11,276
Investment in fixed assets (net)
+€11,276
Financing
-€175,000
Contributions, distributions and other
-€175,000
Cash 2025
€1.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,925,869 | €1,727,705 | -€198,163 | -10.3% |
| Fixed assets | 21/28 | €86,979 | €53,453 | -€33,526 | -38.5% |
| Intangible fixed assets | 21 | - | €1,163 | +€1,163 | |
| Tangible fixed assets | 22/27 | €86,979 | €52,290 | -€34,690 | -39.9% |
| Plant, machinery and equipment | 23 | €49,821 | €35,701 | -€14,120 | -28.3% |
| Furniture and vehicles | 24 | €37,158 | €16,588 | -€20,570 | -55.4% |
| Current assets | 29/58 | €1,838,889 | €1,674,252 | -€164,637 | -9.0% |
| Amounts receivable after more than one year | 29 | €403,597 | €68,567 | -€335,030 | -83.0% |
| Other amounts receivable | 291 | €403,597 | €68,567 | -€335,030 | -83.0% |
| Stocks and contracts in progress | 3 | €65,681 | €54,665 | -€11,016 | -16.8% |
| Stocks | 30/36 | €65,681 | €54,665 | -€11,016 | -16.8% |
| Amounts receivable within one year | 40/41 | €188,788 | €176,623 | -€12,165 | -6.4% |
| Trade receivables | 40 | €188,748 | €160,884 | -€27,864 | -14.8% |
| Other amounts receivable | 41 | €40 | €15,739 | +€15,700 | +39,676% |
| Current investments | 50/53 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,180,824 | €1,374,397 | +€193,573 | +16.4% |
| Total equity and liabilities | 10/49 | €1,925,869 | €1,727,705 | -€198,163 | -10.3% |
| Equity | 10/15 | €1,499,085 | €1,514,251 | +€15,166 | +1.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,437,085 | €1,452,251 | +€15,166 | +1.1% |
| Non-distributable reserves | 130/1 | €1,180,089 | €1,180,089 | = | 0.0% |
| Legal reserve | 130 | €25,640 | €25,640 | = | 0.0% |
| Financial assistance | 1313 | €1,154,449 | €1,154,449 | = | 0.0% |
| Tax-exempt reserves | 132 | €32,742 | €801 | -€31,941 | -97.6% |
| Distributable reserves | 133 | €224,255 | €271,361 | +€47,107 | +21.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €426,783 | €213,454 | -€213,329 | -50.0% |
| Amounts payable within one year | 42/48 | €423,783 | €210,454 | -€213,329 | -50.3% |
| Trade debts | 44 | €43,075 | €9,245 | -€33,829 | -78.5% |
| Suppliers | 440/4 | €43,075 | €9,245 | -€33,829 | -78.5% |
| Taxes, remuneration and social security | 45 | €28,294 | €24,133 | -€4,161 | -14.7% |
| Taxes | 450/3 | €27,217 | €22,034 | -€5,183 | -19.0% |
| Remuneration and social security | 454/9 | €1,077 | €2,099 | +€1,022 | +94.9% |
| Other amounts payable | 47/48 | €352,415 | €177,076 | -€175,339 | -49.8% |
| Accrued charges and deferred income | 492/3 | €3,000 | €3,000 | = | 0.0% |
| Non-recurring operating income | 76A | €3,868 | €0 | -€3,868 | -100% |
| Remuneration, social security and pensions | 62 | €17,901 | €15,536 | -€2,365 | -13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,253 | €22,250 | -€8,002 | -26.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,208 | €0 | -€1,208 | -100% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €9,413 | €9,272 | -€142 | -1.5% |
| Non-recurring operating charges | 66A | €0 | €2,701 | +€2,701 | |
| Gross operating margin | 9900 | €403,362 | €277,075 | -€126,287 | -31.3% |
| Operating profit (loss) | 9901 | €344,587 | €227,316 | -€117,272 | -34.0% |
| Financial income | 75/76B | €42,948 | €39,096 | -€3,852 | -9.0% |
| Recurring financial income | 75 | €42,948 | €39,096 | -€3,852 | -9.0% |
| Financial charges | 65/66B | €10,079 | €10,109 | +€30 | +0.3% |
| Recurring financial charges | 65 | €10,079 | €10,109 | +€30 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €377,456 | €256,302 | -€121,154 | -32.1% |
| Income taxes | 67/77 | €96,511 | €66,136 | -€30,375 | -31.5% |
| Profit (loss) for the period | 9904 | €280,946 | €190,166 | -€90,779 | -32.3% |
| Transfer from tax-exempt reserves | 789 | €74,906 | €31,941 | -€42,966 | -57.4% |
| Profit (loss) for the period to be appropriated | 9905 | €355,852 | €222,107 | -€133,745 | -37.6% |
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 29 October 2026 via checked.be.