BODEKO: 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.
BODEKO
Largest movements
- Cash +€36,003
up €36,003 (+58.2%), from €61,905 to €97,908
mainly Net result for the year (+€27,020) and Depreciation (+€11,095)
- Tangible fixed assets -€9,824
down €9,824 (-21.6%), from €45,437 to €35,613
- Reserves +€27,020
up €27,020 (+8.9%), from €303,851 to €330,871
of which Non-distributable reserves: +€27,020
- Gross operating margin -€13,729
down €13,729 (-23.5%), from €58,324 to €44,595
- Taxes -€10,268
down €10,268 (-50.9%), from €20,167 to €9,900
- Financial income -€2,904
down €2,904 (-43.5%), from €6,676 to €3,772
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 | €325,829 | €352,173 | +€26,344 | +8.1% |
| Fixed assets | 21/28 | €45,437 | €35,613 | -€9,824 | -21.6% |
| Tangible fixed assets | 22/27 | €45,437 | €35,613 | -€9,824 | -21.6% |
| Furniture and vehicles | 24 | €45,437 | €35,613 | -€9,824 | -21.6% |
| Current assets | 29/58 | €280,392 | €316,560 | +€36,169 | +12.9% |
| Amounts receivable within one year | 40/41 | - | €166 | +€166 | |
| Other amounts receivable | 41 | - | €166 | +€166 | |
| Current investments | 50/53 | €218,486 | €218,486 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €61,905 | €97,908 | +€36,003 | +58.2% |
| Total equity and liabilities | 10/49 | €325,829 | €352,173 | +€26,344 | +8.1% |
| Equity | 10/15 | €322,451 | €349,471 | +€27,020 | +8.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €303,851 | €330,871 | +€27,020 | +8.9% |
| Non-distributable reserves | 130/1 | €298,625 | €325,645 | +€27,020 | +9.0% |
| Reserves not available under the articles | 1311 | €298,625 | €325,645 | +€27,020 | +9.0% |
| Tax-exempt reserves | 132 | €2,185 | €2,185 | = | 0.0% |
| Distributable reserves | 133 | €3,041 | €3,041 | = | 0.0% |
| Amounts payable | 17/49 | €3,377 | €2,702 | -€675 | -20.0% |
| Amounts payable within one year | 42/48 | €3,377 | €2,702 | -€675 | -20.0% |
| Taxes, remuneration and social security | 45 | €3,377 | €2,702 | -€675 | -20.0% |
| Taxes | 450/3 | €3,377 | €2,702 | -€675 | -20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,592 | €11,095 | +€503 | +4.7% |
| Other operating charges | 640/8 | €347 | €244 | -€102 | -29.6% |
| Gross operating margin | 9900 | €58,324 | €44,595 | -€13,729 | -23.5% |
| Operating profit (loss) | 9901 | €47,386 | €33,256 | -€14,129 | -29.8% |
| Financial income | 75/76B | €6,676 | €3,772 | -€2,904 | -43.5% |
| Recurring financial income | 75 | €6,676 | €3,772 | -€2,904 | -43.5% |
| Financial charges | 65/66B | €121 | €109 | -€12 | -9.8% |
| Recurring financial charges | 65 | €121 | €109 | -€12 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €53,941 | €36,919 | -€17,022 | -31.6% |
| Income taxes | 67/77 | €20,167 | €9,900 | -€10,268 | -50.9% |
| Profit (loss) for the period | 9904 | €33,774 | €27,020 | -€6,754 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €33,774 | €27,020 | -€6,754 | -20.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.