BOFIMAG: 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.
BOFIMAG
Largest movements
- Cash -€1,044
down €1,044 (-2.0%), from €52,047 to €51,003
mainly Tax, wage and social debts (-€996) and Net result for the year (-€906)
- Receivables within one year +€762
up €762 (+11.5%), from €6,609 to €7,371
of which Trade receivables: +€2,468
- Accrued charges and deferred income +€1,500
new in 2025: €1,500
- Tax, wage and social debts -€996
down €996 (-55.8%), from €1,785 to €789
of which Remuneration and social security: -€1,300
- Profit (loss) carried forward -€906
down €906 (-91.0%), from €996 to €90
- Other debts +€788
up €788 (+158.4%), from €498 to €1,286
- Trade debts -€669
no longer reported in 2025 (was €669)
- Gross operating margin -€2,168
down €2,168, from €1,123 to -€1,045
- Depreciation -€471
no longer reported in 2025 (was €471)
- Other operating charges +€285
up €285 (+38.9%), from €732 to €1,017
- Taxes -€175
down €175 (-23.6%), from -€741 to -€917
- Financial income -€94
down €94 (-24.9%), from €376 to €282
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 | €58,656 | €58,374 | -€282 | -0.5% |
| Current assets | 29/58 | €58,656 | €58,374 | -€282 | -0.5% |
| Amounts receivable within one year | 40/41 | €6,609 | €7,371 | +€762 | +11.5% |
| Trade receivables | 40 | €4,868 | €7,336 | +€2,468 | +50.7% |
| Other amounts receivable | 41 | €1,741 | €35 | -€1,706 | -98.0% |
| Cash at bank and in hand | 54/58 | €52,047 | €51,003 | -€1,044 | -2.0% |
| Total equity and liabilities | 10/49 | €58,656 | €58,374 | -€282 | -0.5% |
| Equity | 10/15 | €55,705 | €54,799 | -€906 | -1.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €42,309 | €42,309 | = | 0.0% |
| Distributable reserves | 133 | €42,309 | €42,309 | = | 0.0% |
| Profit (loss) carried forward | 14 | €996 | €90 | -€906 | -91.0% |
| Amounts payable | 17/49 | €2,951 | €3,575 | +€624 | +21.1% |
| Amounts payable within one year | 42/48 | €2,951 | €2,075 | -€876 | -29.7% |
| Trade debts | 44 | €669 | - | -€669 | |
| Suppliers | 440/4 | €669 | - | -€669 | |
| Taxes, remuneration and social security | 45 | €1,785 | €789 | -€996 | -55.8% |
| Taxes | 450/3 | €485 | €789 | +€304 | +62.8% |
| Remuneration and social security | 454/9 | €1,300 | - | -€1,300 | |
| Other amounts payable | 47/48 | €498 | €1,286 | +€788 | +158.4% |
| Accrued charges and deferred income | 492/3 | - | €1,500 | +€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €471 | - | -€471 | |
| Other operating charges | 640/8 | €732 | €1,017 | +€285 | +38.9% |
| Gross operating margin | 9900 | €1,123 | -€1,045 | -€2,168 | |
| Operating profit (loss) | 9901 | -€79 | -€2,062 | -€1,982 | -2500.5% |
| Financial income | 75/76B | €376 | €282 | -€94 | -24.9% |
| Recurring financial income | 75 | €376 | €282 | -€94 | -24.9% |
| Financial charges | 65/66B | €42 | €43 | +€1 | +1.9% |
| Recurring financial charges | 65 | €42 | €43 | +€1 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €254 | -€1,823 | -€2,077 | |
| Income taxes | 67/77 | -€741 | -€917 | -€175 | -23.6% |
| Profit (loss) for the period | 9904 | €996 | -€906 | -€1,902 | |
| Profit (loss) for the period to be appropriated | 9905 | €996 | -€906 | -€1,902 |
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 9 October 2026 via checked.be.