BOFISC: 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.
BOFISC
Largest movements
- Receivables within one year -€19,357
down €19,357 (-65.0%), from €29,791 to €10,434
of which Trade receivables: -€16,857
- Deferred charges and accrued income +€14,699
new in 2024: €14,699
- Current investments -€13,776
no longer reported in 2024 (was €13,776)
- Tangible fixed assets +€1,184
up €1,184 (+30.4%), from €3,896 to €5,080
- Cash -€739
down €739 (-6.4%), from €11,497 to €10,758
mainly Deferred charges and accrued income (-€14,699) and Net result for the year (-€7,378)
- Profit (loss) carried forward -€7,378
down €7,378 (-70.6%), from €10,449 to €3,071
- Trade debts -€6,872
down €6,872 (-57.9%), from €11,859 to €4,987
- Tax, wage and social debts -€2,788
down €2,788 (-28.7%), from €9,698 to €6,910
of which Taxes: -€7,788
- Other debts -€951
down €951 (-5.5%), from €17,387 to €16,436
- Gross operating margin -€7,025
down €7,025, from €4,551 to -€2,474
- Depreciation +€982
up €982 (+42.6%), from €2,305 to €3,287
- Financial income -€722
down €722 (-98.5%), from €733 to €11
- Taxes -€548
down €548 (-39.9%), from €1,373 to €825
- Financial charges -€217
down €217 (-76.1%), from €285 to €68
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,960 | €40,971 | -€17,989 | -30.5% |
| Fixed assets | 21/28 | €3,896 | €5,080 | +€1,184 | +30.4% |
| Tangible fixed assets | 22/27 | €3,896 | €5,080 | +€1,184 | +30.4% |
| Furniture and vehicles | 24 | €3,896 | €5,080 | +€1,184 | +30.4% |
| Current assets | 29/58 | €55,064 | €35,891 | -€19,173 | -34.8% |
| Amounts receivable within one year | 40/41 | €29,791 | €10,434 | -€19,357 | -65.0% |
| Trade receivables | 40 | €23,915 | €7,058 | -€16,857 | -70.5% |
| Other amounts receivable | 41 | €5,876 | €3,376 | -€2,500 | -42.5% |
| Current investments | 50/53 | €13,776 | - | -€13,776 | |
| Cash at bank and in hand | 54/58 | €11,497 | €10,758 | -€739 | -6.4% |
| Deferred charges and accrued income | 490/1 | - | €14,699 | +€14,699 | |
| Total equity and liabilities | 10/49 | €58,960 | €40,971 | -€17,989 | -30.5% |
| Equity | 10/15 | €20,016 | €12,638 | -€7,378 | -36.9% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €3,370 | €3,370 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,511 | €1,511 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,449 | €3,071 | -€7,378 | -70.6% |
| Amounts payable | 17/49 | €38,944 | €28,333 | -€10,611 | -27.2% |
| Amounts payable within one year | 42/48 | €38,944 | €28,333 | -€10,611 | -27.2% |
| Trade debts | 44 | €11,859 | €4,987 | -€6,872 | -57.9% |
| Suppliers | 440/4 | €11,859 | €4,987 | -€6,872 | -57.9% |
| Taxes, remuneration and social security | 45 | €9,698 | €6,910 | -€2,788 | -28.7% |
| Taxes | 450/3 | €9,698 | €1,910 | -€7,788 | -80.3% |
| Remuneration and social security | 454/9 | - | €5,000 | +€5,000 | |
| Other amounts payable | 47/48 | €17,387 | €16,436 | -€951 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,305 | €3,287 | +€982 | +42.6% |
| Other operating charges | 640/8 | €872 | €735 | -€137 | -15.7% |
| Gross operating margin | 9900 | €4,551 | -€2,474 | -€7,025 | |
| Operating profit (loss) | 9901 | €1,374 | -€6,496 | -€7,870 | |
| Financial income | 75/76B | €733 | €11 | -€722 | -98.5% |
| Recurring financial income | 75 | €733 | €11 | -€722 | -98.5% |
| Financial charges | 65/66B | €285 | €68 | -€217 | -76.1% |
| Recurring financial charges | 65 | €285 | €68 | -€217 | -76.1% |
| Profit (loss) for the period before taxes | 9903 | €1,822 | -€6,553 | -€8,375 | |
| Income taxes | 67/77 | €1,373 | €825 | -€548 | -39.9% |
| Profit (loss) for the period | 9904 | €449 | -€7,378 | -€7,827 | |
| Profit (loss) for the period to be appropriated | 9905 | €449 | -€7,378 | -€7,827 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.