BOFace: 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
BOFace
NACE 86.220, Specialist medical practice
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€474,358
2024 · €543,299-€68,941
Equity
€1.5m
2024 · €1.3m+€206,358
Cash
€37,991
2024 · €8,730+€29,261
Balance sheet total
€3.0m
2024 · €3.0m-€9,180
Largest movements
Assets
- Tangible fixed assets +€87,968
up €87,968 (+6.6%), from €1.3m to €1.4m
of which Land and buildings: +€1.1m
- Receivables within one year -€69,615
down €69,615 (-5.6%), from €1.3m to €1.2m
of which Trade receivables: -€463,333
- Intangible fixed assets -€46,325
down €46,325 (-14.8%), from €312,766 to €266,442
Equity and liabilities
- Trade debts -€489,808
down €489,808 (-77.8%), from €629,292 to €139,484
- Other debts +€268,000
new in 2025: €268,000
- Reserves +€206,358
up €206,358 (+16.2%), from €1.3m to €1.5m
- Advances received +€48,953
new in 2025: €48,953
Income statement
- Taxes +€39,023
up €39,023 (+22.0%), from €177,632 to €216,654
- Depreciation +€21,680
up €21,680 (+29.3%), from €73,959 to €95,639
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.
Result 2024
€543,299
Gross operating margin
-€5,980
Staff costs
-€241
Depreciation
-€21,680
Other operating charges
-€1,345
Financial income
+€1,386
Financial charges
-€2,058
Taxes
-€39,023
Result 2025
€474,358
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.
From operations
+€462,909
Investment
-€136,352
Financing
-€297,296
Cash 2024
€8,730
From operations (derived)
+€462,909
Net result for the year
+€474,358
Depreciation
+€95,639
Receivables within one year
+€69,615
Deferred charges and accrued income
+€9,539
Trade debts
-€489,808
Tax, wage and social debts
-€13,387
Advances received
+€48,953
Other debts
+€268,000
Investment (derived)
-€136,352
Investment in fixed assets (net)
-€136,352
Financing
-€297,296
Debts after one year
-€18,625
Current portion of long-term debt
+€17,746
Short-term financial debts
-€28,416
Contributions, distributions and other
-€268,000
Cash 2025
€37,991
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,978,428 | €2,969,249 | -€9,180 | -0.3% |
| Fixed assets | 21/28 | €1,654,289 | €1,695,002 | +€40,713 | +2.5% |
| Intangible fixed assets | 21 | €312,766 | €266,442 | -€46,325 | -14.8% |
| Tangible fixed assets | 22/27 | €1,336,873 | €1,424,841 | +€87,968 | +6.6% |
| Land and buildings | 22 | €198,788 | €1,310,103 | +€1.1m | +559.0% |
| Plant, machinery and equipment | 23 | €20,689 | €18,471 | -€2,218 | -10.7% |
| Furniture and vehicles | 24 | €46,357 | €40,601 | -€5,756 | -12.4% |
| Other tangible fixed assets | 26 | €56,455 | €55,666 | -€789 | -1.4% |
| Assets under construction and advance payments | 27 | €1,014,584 | €0 | -€1.0m | -100.0% |
| Financial fixed assets | 28 | €4,650 | €3,720 | -€930 | -20.0% |
| Current assets | 29/58 | €1,324,139 | €1,274,246 | -€49,893 | -3.8% |
| Amounts receivable after more than one year | 29 | €10,000 | €10,000 | = | 0.0% |
| Other amounts receivable | 291 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,252,982 | €1,183,367 | -€69,615 | -5.6% |
| Trade receivables | 40 | €830,378 | €367,046 | -€463,333 | -55.8% |
| Other amounts receivable | 41 | €422,604 | €816,321 | +€393,717 | +93.2% |
| Current investments | 50/53 | €40,036 | €40,036 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,730 | €37,991 | +€29,261 | +335.2% |
| Deferred charges and accrued income | 490/1 | €12,391 | €2,852 | -€9,539 | -77.0% |
| Total equity and liabilities | 10/49 | €2,978,428 | €2,969,249 | -€9,180 | -0.3% |
| Equity | 10/15 | €1,273,695 | €1,480,052 | +€206,358 | +16.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €1,273,595 | €1,479,952 | +€206,358 | +16.2% |
| Distributable reserves | 133 | €1,273,595 | €1,479,952 | +€206,358 | +16.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,704,733 | €1,489,196 | -€215,537 | -12.6% |
| Amounts payable after more than one year | 17 | €820,962 | €802,337 | -€18,625 | -2.3% |
| Financial debts | 170/4 | €820,962 | €802,337 | -€18,625 | -2.3% |
| Amounts payable within one year | 42/48 | €883,771 | €686,859 | -€196,912 | -22.3% |
| Current portion of amounts payable after more than one year | 42 | €122,951 | €140,697 | +€17,746 | +14.4% |
| Financial debts | 43 | €87,312 | €58,896 | -€28,416 | -32.5% |
| Credit institutions | 430/8 | €87,312 | €58,896 | -€28,416 | -32.5% |
| Trade debts | 44 | €629,292 | €139,484 | -€489,808 | -77.8% |
| Suppliers | 440/4 | €629,292 | €139,484 | -€489,808 | -77.8% |
| Advances received on contracts in progress | 46 | - | €48,953 | +€48,953 | |
| Taxes, remuneration and social security | 45 | €44,217 | €30,830 | -€13,387 | -30.3% |
| Taxes | 450/3 | €44,217 | €30,830 | -€13,387 | -30.3% |
| Other amounts payable | 47/48 | - | €268,000 | +€268,000 | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €1,243 | €1,485 | +€241 | +19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,959 | €95,639 | +€21,680 | +29.3% |
| Other operating charges | 640/8 | €4,552 | €5,897 | +€1,345 | +29.5% |
| Gross operating margin | 9900 | €805,963 | €799,983 | -€5,980 | -0.7% |
| Operating profit (loss) | 9901 | €726,209 | €696,962 | -€29,246 | -4.0% |
| Financial income | 75/76B | €25,528 | €26,914 | +€1,386 | +5.4% |
| Recurring financial income | 75 | €16,605 | €26,914 | +€10,309 | +62.1% |
| Non-recurring financial income | 76B | €8,924 | - | -€8,924 | |
| Financial charges | 65/66B | €30,807 | €32,865 | +€2,058 | +6.7% |
| Recurring financial charges | 65 | €30,807 | €32,865 | +€2,058 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €720,930 | €691,012 | -€29,919 | -4.1% |
| Income taxes | 67/77 | €177,632 | €216,654 | +€39,023 | +22.0% |
| Profit (loss) for the period | 9904 | €543,299 | €474,358 | -€68,941 | -12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €543,299 | €474,358 | -€68,941 | -12.7% |
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 5 October 2026 via checked.be.