BODO: 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.
BODO
Largest movements
- Cash +€124,687
up €124,687 (+191.4%), from €65,159 to €189,845
mainly Net result for the year (+€182,261) and Other debts (+€117,238)
- Tangible fixed assets +€44,953
up €44,953 (+58.6%), from €76,652 to €121,605
of which Furniture and vehicles: +€44,308
- Receivables within one year -€39,610
down €39,610 (-76.8%), from €51,574 to €11,964
of which Other amounts receivable: -€35,274
- Deferred charges and accrued income +€3,646
up €3,646 (+54.1%), from €6,735 to €10,381
- Other debts +€117,238
up €117,238 (+226.0%), from €51,869 to €169,107
- Tax, wage and social debts +€11,215
up €11,215 (+24.9%), from €45,016 to €56,231
of which Taxes: +€22,677
- Reserves +€4,990
up €4,990 (+10.0%), from €50,000 to €54,990
of which Distributable reserves: +€4,990
- Gross operating margin +€212,151
up €212,151 (+62.8%), from €337,812 to €549,964
- Staff costs +€79,840
up €79,840 (+41.2%), from €193,633 to €273,473
- Taxes +€34,674
up €34,674 (+150.5%), from €23,035 to €57,709
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 | €202,312 | €336,922 | +€134,609 | +66.5% |
| Fixed assets | 21/28 | €76,652 | €122,355 | +€45,703 | +59.6% |
| Tangible fixed assets | 22/27 | €76,652 | €121,605 | +€44,953 | +58.6% |
| Plant, machinery and equipment | 23 | €11,302 | €13,952 | +€2,650 | +23.4% |
| Furniture and vehicles | 24 | €54,205 | €98,513 | +€44,308 | +81.7% |
| Other tangible fixed assets | 26 | €11,145 | €9,140 | -€2,005 | -18.0% |
| Financial fixed assets | 28 | - | €750 | +€750 | |
| Current assets | 29/58 | €125,660 | €214,567 | +€88,907 | +70.8% |
| Stocks and contracts in progress | 3 | €2,192 | €2,376 | +€183 | +8.4% |
| Stocks | 30/36 | €2,192 | €2,376 | +€183 | +8.4% |
| Amounts receivable within one year | 40/41 | €51,574 | €11,964 | -€39,610 | -76.8% |
| Trade receivables | 40 | €6,640 | €2,304 | -€4,336 | -65.3% |
| Other amounts receivable | 41 | €44,934 | €9,660 | -€35,274 | -78.5% |
| Cash at bank and in hand | 54/58 | €65,159 | €189,845 | +€124,687 | +191.4% |
| Deferred charges and accrued income | 490/1 | €6,735 | €10,381 | +€3,646 | +54.1% |
| Total equity and liabilities | 10/49 | €202,312 | €336,922 | +€134,609 | +66.5% |
| Equity | 10/15 | €70,000 | €74,990 | +€4,990 | +7.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €50,000 | €54,990 | +€4,990 | +10.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €48,000 | €52,990 | +€4,990 | +10.4% |
| Amounts payable | 17/49 | €132,312 | €261,932 | +€129,619 | +98.0% |
| Amounts payable within one year | 42/48 | €132,312 | €261,932 | +€129,619 | +98.0% |
| Financial debts | 43 | €8,452 | €10,093 | +€1,641 | +19.4% |
| Credit institutions | 430/8 | €8,452 | €10,093 | +€1,641 | +19.4% |
| Trade debts | 44 | €26,975 | €26,501 | -€475 | -1.8% |
| Suppliers | 440/4 | €26,975 | €26,501 | -€475 | -1.8% |
| Taxes, remuneration and social security | 45 | €45,016 | €56,231 | +€11,215 | +24.9% |
| Taxes | 450/3 | €13,532 | €36,209 | +€22,677 | +167.6% |
| Remuneration and social security | 454/9 | €31,484 | €20,022 | -€11,462 | -36.4% |
| Other amounts payable | 47/48 | €51,869 | €169,107 | +€117,238 | +226.0% |
| Remuneration, social security and pensions | 62 | €193,633 | €273,473 | +€79,840 | +41.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,037 | €20,442 | -€1,595 | -7.2% |
| Other operating charges | 640/8 | €6,064 | €6,571 | +€508 | +8.4% |
| Gross operating margin | 9900 | €337,812 | €549,964 | +€212,151 | +62.8% |
| Operating profit (loss) | 9901 | €116,078 | €249,477 | +€133,399 | +114.9% |
| Financial income | 75/76B | €1,813 | €904 | -€909 | -50.2% |
| Recurring financial income | 75 | €1,813 | €904 | -€909 | -50.2% |
| Financial charges | 65/66B | €10,363 | €10,410 | +€47 | +0.5% |
| Recurring financial charges | 65 | €10,363 | €10,410 | +€47 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | €107,528 | €239,971 | +€132,442 | +123.2% |
| Income taxes | 67/77 | €23,035 | €57,709 | +€34,674 | +150.5% |
| Profit (loss) for the period | 9904 | €84,493 | €182,261 | +€97,768 | +115.7% |
| Profit (loss) for the period to be appropriated | 9905 | €84,493 | €182,261 | +€97,768 | +115.7% |
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 7 October 2026 via checked.be.