BODP: 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.
BODP
Largest movements
- Deferred charges and accrued income +€41,769
up €41,769 (+8.7%), from €480,466 to €522,235
- Cash +€19,067
up €19,067 (+253%), from €7,523 to €26,590
mainly Short-term financial debts (+€38,029) and Receivables within one year (+€15,754)
- Receivables within one year -€15,754
down €15,754 (-65.1%), from €24,216 to €8,462
of which Trade receivables: -€15,400
- Short-term financial debts +€38,029
up €38,029 (+17.3%), from €219,507 to €257,537
- Debts after one year -€22,000
down €22,000 (-22.0%), from €100,000 to €78,000
- Tax, wage and social debts +€13,318
up €13,318 (+98.2%), from €13,568 to €26,886
of which Taxes: +€10,318
- Reserves +€6,734
up €6,734 (+26.2%), from €25,713 to €32,447
- Financial charges -€2,420
down €2,420 (-27.3%), from €8,870 to €6,450
- Gross operating margin -€2,172
down €2,172 (-8.2%), from €26,603 to €24,431
- Taxes -€881
down €881 (-20.7%), from €4,254 to €3,372
- Other operating charges +€580
up €580 (+16.2%), from €3,587 to €4,167
- Depreciation +€468
up €468 (+14.1%), from €3,323 to €3,791
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 | €519,968 | €563,765 | +€43,797 | +8.4% |
| Fixed assets | 21/28 | €7,764 | €6,479 | -€1,285 | -16.6% |
| Tangible fixed assets | 22/27 | €7,764 | €6,479 | -€1,285 | -16.6% |
| Plant, machinery and equipment | 23 | €0 | €2,126 | +€2,126 | |
| Furniture and vehicles | 24 | €7,764 | €4,353 | -€3,411 | -43.9% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €512,205 | €557,287 | +€45,082 | +8.8% |
| Amounts receivable within one year | 40/41 | €24,216 | €8,462 | -€15,754 | -65.1% |
| Trade receivables | 40 | €23,862 | €8,462 | -€15,400 | -64.5% |
| Other amounts receivable | 41 | €354 | €0 | -€354 | -100% |
| Cash at bank and in hand | 54/58 | €7,523 | €26,590 | +€19,067 | +253% |
| Deferred charges and accrued income | 490/1 | €480,466 | €522,235 | +€41,769 | +8.7% |
| Total equity and liabilities | 10/49 | €519,968 | €563,765 | +€43,797 | +8.4% |
| Equity | 10/15 | €42,013 | €48,747 | +€6,734 | +16.0% |
| Contributions | 10/11 | €16,300 | €16,300 | = | 0.0% |
| Reserves | 13 | €25,713 | €32,447 | +€6,734 | +26.2% |
| Distributable reserves | 133 | €25,713 | €32,447 | +€6,734 | +26.2% |
| Amounts payable | 17/49 | €477,956 | €515,019 | +€37,063 | +7.8% |
| Amounts payable after more than one year | 17 | €100,000 | €78,000 | -€22,000 | -22.0% |
| Financial debts | 170/4 | €100,000 | €78,000 | -€22,000 | -22.0% |
| Amounts payable within one year | 42/48 | €375,066 | €434,228 | +€59,162 | +15.8% |
| Financial debts | 43 | €219,507 | €257,537 | +€38,029 | +17.3% |
| Credit institutions | 430/8 | €219,507 | €257,537 | +€38,029 | +17.3% |
| Trade debts | 44 | €89,139 | €94,205 | +€5,066 | +5.7% |
| Suppliers | 440/4 | €89,139 | €94,205 | +€5,066 | +5.7% |
| Taxes, remuneration and social security | 45 | €13,568 | €26,886 | +€13,318 | +98.2% |
| Taxes | 450/3 | €13,568 | €23,886 | +€10,318 | +76.0% |
| Remuneration and social security | 454/9 | - | €3,000 | +€3,000 | |
| Other amounts payable | 47/48 | €52,852 | €55,601 | +€2,748 | +5.2% |
| Accrued charges and deferred income | 492/3 | €2,889 | €2,790 | -€99 | -3.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,323 | €3,791 | +€468 | +14.1% |
| Other operating charges | 640/8 | €3,587 | €4,167 | +€580 | +16.2% |
| Non-recurring operating charges | 66A | €711 | €0 | -€711 | -100% |
| Gross operating margin | 9900 | €26,603 | €24,431 | -€2,172 | -8.2% |
| Operating profit (loss) | 9901 | €18,981 | €16,473 | -€2,508 | -13.2% |
| Financial income | 75/76B | €0 | €84 | +€84 | |
| Recurring financial income | 75 | €0 | €84 | +€84 | |
| Financial charges | 65/66B | €8,870 | €6,450 | -€2,420 | -27.3% |
| Recurring financial charges | 65 | €8,870 | €6,450 | -€2,420 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | €10,111 | €10,106 | -€5 | 0.0% |
| Income taxes | 67/77 | €4,254 | €3,372 | -€881 | -20.7% |
| Profit (loss) for the period | 9904 | €5,858 | €6,734 | +€877 | +15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,858 | €6,734 | +€877 | +15.0% |
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 23 October 2026 via checked.be.