Boduco: what changed
Boduco
Largest movements
- Cash -€16,550
down €16,550 (-24.0%), from €69,072 to €52,522
mainly Contributions, distributions and other (-€125,000) and Receivables within one year (-€8,666)
- Receivables within one year +€8,666
up €8,666 (+25.9%), from €33,409 to €42,075
of which Trade receivables: +€10,961
- Tangible fixed assets -€3,296
down €3,296 (-34.6%), from €9,521 to €6,225
of which Plant, machinery and equipment: -€2,196
- Reserves -€87,397
down €87,397 (-86.6%), from €100,893 to €13,496
- Other debts +€77,811
new in 2025: €77,811
- Trade debts -€2,769
down €2,769 (-30.6%), from €9,039 to €6,271
- Taxes +€1,532
up €1,532 (+12.5%), from €12,278 to €13,810
- Gross operating margin +€1,273
up €1,273 (+2.2%), from €58,124 to €59,397
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €114,166 | €102,952 | -€11,214 | -9.8% |
| Fixed assets | 21/28 | €9,521 | €6,225 | -€3,296 | -34.6% |
| Tangible fixed assets | 22/27 | €9,521 | €6,225 | -€3,296 | -34.6% |
| Plant, machinery and equipment | 23 | €5,000 | €2,805 | -€2,196 | -43.9% |
| Furniture and vehicles | 24 | €4,520 | €3,420 | -€1,100 | -24.3% |
| Current assets | 29/58 | €104,645 | €96,727 | -€7,918 | -7.6% |
| Amounts receivable within one year | 40/41 | €33,409 | €42,075 | +€8,666 | +25.9% |
| Trade receivables | 40 | €28,446 | €39,407 | +€10,961 | +38.5% |
| Other amounts receivable | 41 | €4,964 | €2,669 | -€2,295 | -46.2% |
| Cash at bank and in hand | 54/58 | €69,072 | €52,522 | -€16,550 | -24.0% |
| Deferred charges and accrued income | 490/1 | €2,164 | €2,130 | -€34 | -1.6% |
| Total equity and liabilities | 10/49 | €114,166 | €102,952 | -€11,214 | -9.8% |
| Equity | 10/15 | €103,393 | €15,996 | -€87,397 | -84.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €100,893 | €13,496 | -€87,397 | -86.6% |
| Distributable reserves | 133 | €100,893 | €13,496 | -€87,397 | -86.6% |
| Amounts payable | 17/49 | €10,773 | €86,956 | +€76,183 | +707% |
| Amounts payable within one year | 42/48 | €10,773 | €86,497 | +€75,724 | +703% |
| Trade debts | 44 | €9,039 | €6,271 | -€2,769 | -30.6% |
| Suppliers | 440/4 | €9,039 | €6,271 | -€2,769 | -30.6% |
| Taxes, remuneration and social security | 45 | €1,733 | €2,415 | +€681 | +39.3% |
| Taxes | 450/3 | €1,733 | €2,415 | +€681 | +39.3% |
| Other amounts payable | 47/48 | - | €77,811 | +€77,811 | |
| Accrued charges and deferred income | 492/3 | - | €459 | +€459 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,235 | €5,226 | -€9 | -0.2% |
| Other operating charges | 640/8 | €1,987 | €1,645 | -€342 | -17.2% |
| Gross operating margin | 9900 | €58,124 | €59,397 | +€1,273 | +2.2% |
| Operating profit (loss) | 9901 | €50,903 | €52,526 | +€1,623 | +3.2% |
| Financial income | 75/76B | €9 | €6 | -€3 | -30.1% |
| Recurring financial income | 75 | €9 | €6 | -€3 | -30.1% |
| Financial charges | 65/66B | €1,372 | €1,119 | -€253 | -18.4% |
| Recurring financial charges | 65 | €1,372 | €1,119 | -€253 | -18.4% |
| Profit (loss) for the period before taxes | 9903 | €49,539 | €51,413 | +€1,873 | +3.8% |
| Income taxes | 67/77 | €12,278 | €13,810 | +€1,532 | +12.5% |
| Profit (loss) for the period | 9904 | €37,261 | €37,603 | +€342 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €37,261 | €37,603 | +€342 | +0.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.