BODEN & PARTNERS: 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.
BODEN & PARTNERS
Largest movements
- Cash +€37,610
up €37,610 (+8.8%), from €426,439 to €464,050
mainly Depreciation (+€26,193) and Trade debts (+€19,588)
- Receivables within one year +€22,738
up €22,738 (+515%), from €4,417 to €27,155
of which Trade receivables: +€23,651
- Tangible fixed assets -€22,406
down €22,406 (-22.2%), from €100,745 to €78,338
of which Other tangible fixed assets: -€21,696
- Trade debts +€19,588
up €19,588 (+168%), from €11,639 to €31,227
- Reserves +€13,286
up €13,286 (+2.7%), from €488,799 to €502,085
- Gross operating margin +€45,195
up €45,195 (+10.2%), from €443,983 to €489,178
- Staff costs +€40,625
up €40,625 (+9.9%), from €409,054 to €449,679
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €575,866 | €614,635 | +€38,769 | +6.7% |
| Fixed assets | 21/28 | €110,489 | €88,385 | -€22,105 | -20.0% |
| Intangible fixed assets | 21 | €9,744 | €10,046 | +€302 | +3.1% |
| Tangible fixed assets | 22/27 | €100,745 | €78,338 | -€22,406 | -22.2% |
| Plant, machinery and equipment | 23 | €9,420 | €8,709 | -€711 | -7.5% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €91,325 | €69,629 | -€21,696 | -23.8% |
| Current assets | 29/58 | €465,377 | €526,250 | +€60,874 | +13.1% |
| Amounts receivable within one year | 40/41 | €4,417 | €27,155 | +€22,738 | +515% |
| Trade receivables | 40 | €3,504 | €27,155 | +€23,651 | +675% |
| Other amounts receivable | 41 | €913 | - | -€913 | |
| Current investments | 50/53 | €29,605 | €29,605 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €426,439 | €464,050 | +€37,610 | +8.8% |
| Deferred charges and accrued income | 490/1 | €4,915 | €5,440 | +€525 | +10.7% |
| Total equity and liabilities | 10/49 | €575,866 | €614,635 | +€38,769 | +6.7% |
| Equity | 10/15 | €507,404 | €520,690 | +€13,286 | +2.6% |
| Contributions | 10/11 | €18,605 | €18,605 | = | 0.0% |
| Reserves | 13 | €488,799 | €502,085 | +€13,286 | +2.7% |
| Distributable reserves | 133 | €488,799 | €502,085 | +€13,286 | +2.7% |
| Amounts payable | 17/49 | €68,462 | €93,945 | +€25,483 | +37.2% |
| Amounts payable within one year | 42/48 | €59,101 | €83,394 | +€24,293 | +41.1% |
| Trade debts | 44 | €11,639 | €31,227 | +€19,588 | +168% |
| Suppliers | 440/4 | €11,639 | €31,227 | +€19,588 | +168% |
| Taxes, remuneration and social security | 45 | €47,462 | €52,166 | +€4,705 | +9.9% |
| Taxes | 450/3 | - | €41 | +€41 | |
| Remuneration and social security | 454/9 | €47,462 | €52,126 | +€4,664 | +9.8% |
| Accrued charges and deferred income | 492/3 | €9,361 | €10,551 | +€1,190 | +12.7% |
| Non-recurring operating income | 76A | - | €7,350 | +€7,350 | |
| Remuneration, social security and pensions | 62 | €409,054 | €449,679 | +€40,625 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,949 | €26,193 | +€244 | +0.9% |
| Other operating charges | 640/8 | €614 | €700 | +€86 | +14.1% |
| Gross operating margin | 9900 | €443,983 | €489,178 | +€45,195 | +10.2% |
| Operating profit (loss) | 9901 | €8,366 | €12,607 | +€4,240 | +50.7% |
| Financial income | 75/76B | €11,471 | €8,262 | -€3,209 | -28.0% |
| Recurring financial income | 75 | €11,471 | €8,262 | -€3,209 | -28.0% |
| Financial charges | 65/66B | €12 | €63 | +€51 | +419% |
| Recurring financial charges | 65 | €12 | €63 | +€51 | +419% |
| Profit (loss) for the period before taxes | 9903 | €19,825 | €20,805 | +€980 | +4.9% |
| Income taxes | 67/77 | €7,528 | €7,519 | -€9 | -0.1% |
| Profit (loss) for the period | 9904 | €12,297 | €13,286 | +€989 | +8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,297 | €13,286 | +€989 | +8.0% |
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 21 October 2026 via checked.be.