BODETI: what changed
Two fiscal 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.
BODETI
Largest movements
- Current investments +€56,000
new in 2025: €56,000
- Cash +€18,377
up €18,377 (+15.6%), from €117,825 to €136,203
mainly Net result for the year (+€76,311) and Tax, wage and social debts (+€23,274)
- Receivables within one year +€4,575
up €4,575 (+14.4%), from €31,812 to €36,387
of which Trade receivables: +€6,530
- Tangible fixed assets +€3,932
up €3,932 (+164.2%), from €2,394 to €6,326
of which Other tangible fixed assets: +€4,335
- Deferred charges and accrued income +€2,920
up €2,920 (+1352.0%), from €216 to €3,136
- Reserves +€75,478
up €75,478 (+78.8%), from €95,824 to €171,303
- Tax, wage and social debts +€23,274
up €23,274 (+86.3%), from €26,974 to €50,248
- Other debts -€12,370
down €12,370 (-47.0%), from €26,321 to €13,951
- Gross operating margin -€21,290
down €21,290 (-16.6%), from €128,002 to €106,712
- Taxes -€6,885
down €6,885 (-25.5%), from €26,974 to €20,089
- Write-downs +€5,165
new in 2025: €5,165
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 | €152,247 | €238,052 | +€85,804 | +56.4% |
| Fixed assets | 21/28 | €2,394 | €6,326 | +€3,932 | +164.2% |
| Tangible fixed assets | 22/27 | €2,394 | €6,326 | +€3,932 | +164.2% |
| Furniture and vehicles | 24 | €2,394 | €1,991 | -€403 | -16.8% |
| Other tangible fixed assets | 26 | - | €4,335 | +€4,335 | |
| Current assets | 29/58 | €149,853 | €231,725 | +€81,872 | +54.6% |
| Amounts receivable within one year | 40/41 | €31,812 | €36,387 | +€4,575 | +14.4% |
| Trade receivables | 40 | €29,851 | €36,381 | +€6,530 | +21.9% |
| Other amounts receivable | 41 | €1,961 | €6 | -€1,954 | -99.7% |
| Current investments | 50/53 | - | €56,000 | +€56,000 | |
| Cash at bank and in hand | 54/58 | €117,825 | €136,203 | +€18,377 | +15.6% |
| Deferred charges and accrued income | 490/1 | €216 | €3,136 | +€2,920 | +1352.0% |
| Total equity and liabilities | 10/49 | €152,247 | €238,052 | +€85,804 | +56.4% |
| Equity | 10/15 | €95,944 | €171,423 | +€75,478 | +78.7% |
| Contributions | 10/11 | €120 | €120 | = | 0.0% |
| Reserves | 13 | €95,824 | €171,303 | +€75,478 | +78.8% |
| Distributable reserves | 133 | €95,824 | €171,303 | +€75,478 | +78.8% |
| Amounts payable | 17/49 | €56,303 | €66,629 | +€10,326 | +18.3% |
| Amounts payable within one year | 42/48 | €56,303 | €66,629 | +€10,326 | +18.3% |
| Financial debts | 43 | €2,280 | €1,139 | -€1,141 | -50.0% |
| Credit institutions | 430/8 | €2,280 | €1,139 | -€1,141 | -50.0% |
| Trade debts | 44 | €727 | €1,291 | +€564 | +77.5% |
| Suppliers | 440/4 | €727 | €1,291 | +€564 | +77.5% |
| Taxes, remuneration and social security | 45 | €26,974 | €50,248 | +€23,274 | +86.3% |
| Taxes | 450/3 | €26,974 | €50,248 | +€23,274 | +86.3% |
| Other amounts payable | 47/48 | €26,321 | €13,951 | -€12,370 | -47.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €934 | €1,354 | +€421 | +45.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,165 | +€5,165 | |
| Other operating charges | 640/8 | €695 | €679 | -€15 | -2.2% |
| Gross operating margin | 9900 | €128,002 | €106,712 | -€21,290 | -16.6% |
| Operating profit (loss) | 9901 | €126,374 | €99,514 | -€26,860 | -21.3% |
| Financial income | 75/76B | €2 | €150 | +€148 | +7044.3% |
| Recurring financial income | 75 | €2 | €150 | +€148 | +7044.3% |
| Financial charges | 65/66B | €2,718 | €3,263 | +€545 | +20.0% |
| Recurring financial charges | 65 | €2,718 | €3,263 | +€545 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | €123,657 | €96,401 | -€27,257 | -22.0% |
| Income taxes | 67/77 | €26,974 | €20,089 | -€6,885 | -25.5% |
| Profit (loss) for the period | 9904 | €96,683 | €76,311 | -€20,372 | -21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €96,683 | €76,311 | -€20,372 | -21.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.