BODENAANBOD: 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.
BODENAANBOD
Largest movements
- Stocks and contracts +€52,487
up €52,487 (+9.6%), from €545,678 to €598,165
- Cash -€39,265
down €39,265 (-75.9%), from €51,711 to €12,446
mainly Stocks and contracts (-€52,487) and Debts after one year (-€17,846)
- Tangible fixed assets -€9,752
down €9,752 (-23.3%), from €41,858 to €32,106
- Debts after one year -€17,846
down €17,846 (-6.8%), from €260,965 to €243,120
- Profit (loss) carried forward +€13,097
up €13,097, from -€7,668 to €5,429
- Tax, wage and social debts +€6,478
up €6,478 (+914%), from €709 to €7,187
- Gross operating margin -€11,899
down €11,899 (-50.9%), from €23,395 to €11,495
- Other operating charges -€5,535
down €5,535 (-80.2%), from €6,902 to €1,366
- Financial charges -€3,826
down €3,826 (-22.5%), from €17,033 to €13,206
of which Financial charges: -€3,576
- Depreciation +€2,851
up €2,851 (+41.3%), from €6,901 to €9,752
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 | €639,604 | €643,135 | +€3,531 | +0.6% |
| Fixed assets | 21/28 | €41,858 | €32,106 | -€9,752 | -23.3% |
| Tangible fixed assets | 22/27 | €41,858 | €32,106 | -€9,752 | -23.3% |
| Leasing and similar rights | 25 | €41,858 | €32,106 | -€9,752 | -23.3% |
| Current assets | 29/58 | €597,746 | €611,029 | +€13,283 | +2.2% |
| Stocks and contracts in progress | 3 | €545,678 | €598,165 | +€52,487 | +9.6% |
| Stocks | 30/36 | €545,678 | €598,165 | +€52,487 | +9.6% |
| Amounts receivable within one year | 40/41 | - | €139 | +€139 | |
| Trade receivables | 40 | - | €139 | +€139 | |
| Cash at bank and in hand | 54/58 | €51,711 | €12,446 | -€39,265 | -75.9% |
| Deferred charges and accrued income | 490/1 | €357 | €279 | -€78 | -21.9% |
| Total equity and liabilities | 10/49 | €639,604 | €643,135 | +€3,531 | +0.6% |
| Equity | 10/15 | €12,332 | €25,429 | +€13,097 | +106% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,668 | €5,429 | +€13,097 | |
| Amounts payable | 17/49 | €627,272 | €617,706 | -€9,566 | -1.5% |
| Amounts payable after more than one year | 17 | €260,965 | €243,120 | -€17,846 | -6.8% |
| Financial debts | 170/4 | €260,965 | €243,120 | -€17,846 | -6.8% |
| Amounts payable within one year | 42/48 | €366,307 | €374,587 | +€8,280 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €17,182 | €17,846 | +€664 | +3.9% |
| Trade debts | 44 | €266 | €145 | -€122 | -45.7% |
| Suppliers | 440/4 | €266 | €145 | -€122 | -45.7% |
| Taxes, remuneration and social security | 45 | €709 | €7,187 | +€6,478 | +914% |
| Taxes | 450/3 | €709 | €7,187 | +€6,478 | +914% |
| Other amounts payable | 47/48 | €348,150 | €349,410 | +€1,260 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,901 | €9,752 | +€2,851 | +41.3% |
| Other operating charges | 640/8 | €6,902 | €1,366 | -€5,535 | -80.2% |
| Gross operating margin | 9900 | €23,395 | €11,495 | -€11,899 | -50.9% |
| Operating profit (loss) | 9901 | €9,592 | €377 | -€9,215 | -96.1% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €17,033 | €13,206 | -€3,826 | -22.5% |
| Recurring financial charges | 65 | €16,783 | €13,206 | -€3,576 | -21.3% |
| Non-recurring financial charges | 66B | €250 | - | -€250 | |
| Profit (loss) for the period before taxes | 9903 | -€7,441 | -€12,826 | -€5,385 | -72.4% |
| Income taxes | 67/77 | €228 | €242 | +€14 | +6.4% |
| Profit (loss) for the period | 9904 | -€7,668 | -€13,068 | -€5,400 | -70.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,668 | -€13,068 | -€5,400 | -70.4% |
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 14 October 2026 via checked.be.