Boficco: 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.
Boficco
Largest movements
- Cash +€20,795
up €20,795 (+1791.6%), from €1,161 to €21,956
mainly Net result for the year (+€35,561) and Receivables within one year (+€15,144)
- Receivables within one year -€15,144
down €15,144 (-17.7%), from €85,535 to €70,392
of which Other amounts receivable: -€14,410
- Deferred charges and accrued income +€2,900
up €2,900 (+29.9%), from €9,713 to €12,612
- Reserves +€19,561
up €19,561 (+22.2%), from €88,015 to €107,576
of which Distributable reserves: +€19,561
- Current portion of long-term debt -€4,583
no longer reported in 2025 (was €4,583)
- Tax, wage and social debts -€3,196
down €3,196 (-33.7%), from €9,490 to €6,294
- Short-term financial debts -€2,313
no longer reported in 2025 (was €2,313)
- Gross operating margin +€39,924
up €39,924 (+1027.2%), from €3,887 to €43,811
- Taxes +€8,709
up €8,709 (+243.1%), from €3,582 to €12,291
- Financial income -€1,143
down €1,143 (-13.9%), from €8,245 to €7,102
- Financial charges -€824
down €824 (-56.0%), from €1,471 to €647
- Other operating charges +€563
up €563 (+53.7%), from €1,048 to €1,611
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €212,983 | €220,732 | +€7,749 | +3.6% |
| Fixed assets | 21/28 | €1,574 | €772 | -€802 | -51.0% |
| Tangible fixed assets | 22/27 | €1,574 | €772 | -€802 | -51.0% |
| Furniture and vehicles | 24 | €1,574 | €772 | -€802 | -51.0% |
| Current assets | 29/58 | €211,409 | €219,960 | +€8,551 | +4.0% |
| Amounts receivable after more than one year | 29 | €115,000 | €115,000 | = | 0.0% |
| Trade receivables | 290 | - | €115,000 | +€115,000 | |
| Other amounts receivable | 291 | €115,000 | - | -€115,000 | |
| Amounts receivable within one year | 40/41 | €85,535 | €70,392 | -€15,144 | -17.7% |
| Trade receivables | 40 | €11,800 | €11,066 | -€734 | -6.2% |
| Other amounts receivable | 41 | €73,736 | €59,326 | -€14,410 | -19.5% |
| Cash at bank and in hand | 54/58 | €1,161 | €21,956 | +€20,795 | +1791.6% |
| Deferred charges and accrued income | 490/1 | €9,713 | €12,612 | +€2,900 | +29.9% |
| Total equity and liabilities | 10/49 | €212,983 | €220,732 | +€7,749 | +3.6% |
| Equity | 10/15 | €189,015 | €208,576 | +€19,561 | +10.3% |
| Contributions | 10/11 | €38,600 | €38,600 | = | 0.0% |
| Contributions outside capital | 11 | €38,600 | - | -€38,600 | |
| Other | 1109/19 | €38,600 | - | -€38,600 | |
| Reserves | 13 | €88,015 | €107,576 | +€19,561 | +22.2% |
| Non-distributable reserves | 130/1 | €3,860 | €3,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,860 | €3,860 | = | 0.0% |
| Distributable reserves | 133 | €84,155 | €103,716 | +€19,561 | +23.2% |
| Profit (loss) carried forward | 14 | €62,400 | €62,400 | = | 0.0% |
| Amounts payable | 17/49 | €23,968 | €12,156 | -€11,812 | -49.3% |
| Amounts payable within one year | 42/48 | €23,968 | €11,372 | -€12,596 | -52.6% |
| Current portion of amounts payable after more than one year | 42 | €4,583 | - | -€4,583 | |
| Financial debts | 43 | €2,313 | - | -€2,313 | |
| Credit institutions | 430/8 | €2,313 | - | -€2,313 | |
| Trade debts | 44 | €5,982 | €5,078 | -€904 | -15.1% |
| Suppliers | 440/4 | €5,982 | €5,078 | -€904 | -15.1% |
| Taxes, remuneration and social security | 45 | €9,490 | €6,294 | -€3,196 | -33.7% |
| Taxes | 450/3 | €9,490 | €6,294 | -€3,196 | -33.7% |
| Other amounts payable | 47/48 | €1,600 | - | -€1,600 | |
| Accrued charges and deferred income | 492/3 | - | €784 | +€784 | |
| Non-recurring operating income | 76A | - | €7,102 | +€7,102 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €734 | €802 | +€68 | +9.3% |
| Other operating charges | 640/8 | €1,048 | €1,611 | +€563 | +53.7% |
| Gross operating margin | 9900 | €3,887 | €43,811 | +€39,924 | +1027.2% |
| Operating profit (loss) | 9901 | €2,105 | €41,398 | +€39,293 | +1866.9% |
| Financial income | 75/76B | €8,245 | €7,102 | -€1,143 | -13.9% |
| Recurring financial income | 75 | €8,245 | €7,102 | -€1,143 | -13.9% |
| Financial charges | 65/66B | €1,471 | €647 | -€824 | -56.0% |
| Recurring financial charges | 65 | €1,471 | €647 | -€824 | -56.0% |
| Profit (loss) for the period before taxes | 9903 | €8,878 | €47,852 | +€38,974 | +439.0% |
| Income taxes | 67/77 | €3,582 | €12,291 | +€8,709 | +243.1% |
| Profit (loss) for the period | 9904 | €5,296 | €35,561 | +€30,265 | +571.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,296 | €35,561 | +€30,265 | +571.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.