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BODOROLO: 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.

What changed

BODOROLO

BE 0841.879.331
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€37,051
2024 · €38,846-€1,795
Equity
€470,297
2024 · €433,245+€37,051
Cash
€10,727
2024 · €1,603+€9,124
Balance sheet total
€1.1m
2024 · €1.1m+€10,848

Largest movements

2024 to 2025
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Debts after one year -€71,546

      no longer reported in 2025 (was €71,546)

    • Other debts +€43,003

      up €43,003 (+8.1%), from €530,662 to €573,665

    • Reserves +€37,051

      up €37,051 (+9.9%), from €373,245 to €410,297

    Income statement
    • Gross operating margin -€5,936

      down €5,936 (-8.4%), from €70,272 to €64,337

    • Financial charges -€3,579

      down €3,579 (-25.6%), from €13,994 to €10,415

    From the 2024 result to the 2025 result

    effect on the 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.

    Result 2024 €38,846
    Gross operating margin -€5,936
    Depreciation -€129
    Other operating charges +€108
    Financial income -€0
    Financial charges +€3,579
    Taxes +€584
    Result 2025 €37,051

    Cash bridge derived

    cash 2024 to 2025

    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.

    From operations +€80,698
    Investment -€2,411
    Financing -€69,163
    Cash 2024 €1,603
    Net result for the year +€37,051
    Depreciation +€380
    Receivables within one year +€37
    Deferred charges and accrued income +€270
    Trade debts +€786
    Tax, wage and social debts -€224
    Other debts +€43,003
    Accrued charges and deferred income -€606
    Investment in fixed assets (net) -€2,411
    Debts after one year -€71,546
    Current portion of long-term debt +€2,457
    Short-term financial debts -€74
    Cash 2025 €10,727
    Every line side by side 41 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €1,119,259 €1,130,107 +€10,848 +1.0%
    Fixed assets 21/28 €1,115,561 €1,117,593 +€2,031 +0.2%
    Tangible fixed assets 22/27 €561 €2,593 +€2,031 +361.8%
    Plant, machinery and equipment 23 €561 €311 -€250 -44.6%
    Furniture and vehicles 24 - €2,282 +€2,282
    Financial fixed assets 28 €1,115,000 €1,115,000 = 0.0%
    Current assets 29/58 €3,697 €12,514 +€8,817 +238.5%
    Amounts receivable within one year 40/41 €37 - -€37
    Other amounts receivable 41 €37 - -€37
    Cash at bank and in hand 54/58 €1,603 €10,727 +€9,124 +569.2%
    Deferred charges and accrued income 490/1 €2,057 €1,787 -€270 -13.1%
    Total equity and liabilities 10/49 €1,119,259 €1,130,107 +€10,848 +1.0%
    Equity 10/15 €433,245 €470,297 +€37,051 +8.6%
    Contributions 10/11 €60,000 €60,000 = 0.0%
    Reserves 13 €373,245 €410,297 +€37,051 +9.9%
    Distributable reserves 133 €373,245 €410,297 +€37,051 +9.9%
    Amounts payable 17/49 €686,013 €659,810 -€26,204 -3.8%
    Amounts payable after more than one year 17 €71,546 - -€71,546
    Financial debts 170/4 €71,546 - -€71,546
    Amounts payable within one year 42/48 €609,807 €655,755 +€45,949 +7.5%
    Current portion of amounts payable after more than one year 42 €69,089 €71,546 +€2,457 +3.6%
    Financial debts 43 €5,135 €5,061 -€74 -1.4%
    Credit institutions 430/8 €5,135 €5,061 -€74 -1.4%
    Trade debts 44 €254 €1,041 +€786 +309.4%
    Suppliers 440/4 €254 €1,041 +€786 +309.4%
    Taxes, remuneration and social security 45 €4,666 €4,442 -€224 -4.8%
    Taxes 450/3 €4,666 €4,442 -€224 -4.8%
    Other amounts payable 47/48 €530,662 €573,665 +€43,003 +8.1%
    Accrued charges and deferred income 492/3 €4,661 €4,054 -€606 -13.0%
    Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €250 €380 +€129 +51.7%
    Other operating charges 640/8 €1,367 €1,259 -€108 -7.9%
    Gross operating margin 9900 €70,272 €64,337 -€5,936 -8.4%
    Operating profit (loss) 9901 €68,655 €62,698 -€5,958 -8.7%
    Financial income 75/76B €0 - -€0
    Recurring financial income 75 €0 - -€0
    Financial charges 65/66B €13,994 €10,415 -€3,579 -25.6%
    Recurring financial charges 65 €13,994 €10,415 -€3,579 -25.6%
    Profit (loss) for the period before taxes 9903 €54,661 €52,283 -€2,379 -4.4%
    Income taxes 67/77 €15,815 €15,231 -€584 -3.7%
    Profit (loss) for the period 9904 €38,846 €37,051 -€1,795 -4.6%
    Profit (loss) for the period to be appropriated 9905 €38,846 €37,051 -€1,795 -4.6%

    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 28 September 2026 via checked.be.