BOFI: 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.
BOFI
Largest movements
- Tangible fixed assets +€127,707
up €127,707 (+41.4%), from €308,221 to €435,928
of which Land and buildings: +€132,210
- Cash -€82,220
down €82,220 (-85.2%), from €96,505 to €14,285
mainly Investment in fixed assets (net) (-€151,735) and Trade debts (-€17,059)
- Other debts +€68,053
up €68,053 (+100%), from €67,808 to €135,861
- Profit (loss) carried forward -€63,453
no longer reported in 2025 (was €63,453)
- Reserves +€61,676
up €61,676 (+36.8%), from €167,775 to €229,451
of which Distributable reserves: +€61,676
- Trade debts -€17,059
down €17,059 (-99.9%), from €17,081 to €22
- Gross operating margin -€80,922
down €80,922 (-76.3%), from €106,091 to €25,169
- Taxes -€18,028
down €18,028, from €17,859 to -€169
- Depreciation +€2,616
up €2,616 (+12.2%), from €21,412 to €24,028
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 | €474,319 | €521,746 | +€47,427 | +10.0% |
| Fixed assets | 21/28 | €308,221 | €435,928 | +€127,707 | +41.4% |
| Tangible fixed assets | 22/27 | €308,221 | €435,928 | +€127,707 | +41.4% |
| Land and buildings | 22 | €297,181 | €429,391 | +€132,210 | +44.5% |
| Plant, machinery and equipment | 23 | €10,662 | €4,741 | -€5,921 | -55.5% |
| Furniture and vehicles | 24 | €378 | €1,796 | +€1,418 | +375% |
| Current assets | 29/58 | €166,098 | €85,818 | -€80,280 | -48.3% |
| Amounts receivable within one year | 40/41 | €68,255 | €71,533 | +€3,278 | +4.8% |
| Trade receivables | 40 | €65,955 | €46,533 | -€19,422 | -29.4% |
| Other amounts receivable | 41 | €2,300 | €25,000 | +€22,700 | +987% |
| Cash at bank and in hand | 54/58 | €96,505 | €14,285 | -€82,220 | -85.2% |
| Deferred charges and accrued income | 490/1 | €1,338 | - | -€1,338 | |
| Total equity and liabilities | 10/49 | €474,319 | €521,746 | +€47,427 | +10.0% |
| Equity | 10/15 | €381,228 | €379,451 | -€1,777 | -0.5% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €167,775 | €229,451 | +€61,676 | +36.8% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €152,775 | €214,451 | +€61,676 | +40.4% |
| Profit (loss) carried forward | 14 | €63,453 | - | -€63,453 | |
| Amounts payable | 17/49 | €93,091 | €142,295 | +€49,204 | +52.9% |
| Amounts payable within one year | 42/48 | €93,091 | €142,295 | +€49,204 | +52.9% |
| Trade debts | 44 | €17,081 | €22 | -€17,059 | -99.9% |
| Suppliers | 440/4 | €17,081 | €22 | -€17,059 | -99.9% |
| Taxes, remuneration and social security | 45 | €8,202 | €6,412 | -€1,790 | -21.8% |
| Taxes | 450/3 | €3,389 | €6,412 | +€3,023 | +89.2% |
| Remuneration and social security | 454/9 | €4,813 | - | -€4,813 | |
| Other amounts payable | 47/48 | €67,808 | €135,861 | +€68,053 | +100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,412 | €24,028 | +€2,616 | +12.2% |
| Other operating charges | 640/8 | €3,101 | €3,015 | -€86 | -2.8% |
| Gross operating margin | 9900 | €106,091 | €25,169 | -€80,922 | -76.3% |
| Operating profit (loss) | 9901 | €81,578 | -€1,874 | -€83,452 | |
| Financial income | 75/76B | - | €195 | +€195 | |
| Recurring financial income | 75 | - | €195 | +€195 | |
| Financial charges | 65/66B | €267 | €267 | = | 0.0% |
| Recurring financial charges | 65 | €267 | €267 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €81,311 | -€1,946 | -€83,257 | |
| Income taxes | 67/77 | €17,859 | -€169 | -€18,028 | |
| Profit (loss) for the period | 9904 | €63,452 | -€1,777 | -€65,229 | |
| Profit (loss) for the period to be appropriated | 9905 | €63,452 | -€1,777 | -€65,229 |
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 15 October 2026 via checked.be.