BOFISC DEVOS: 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.
BOFISC DEVOS
Largest movements
- Cash +€96,945
up €96,945 (+185%), from €52,298 to €149,242
mainly Net result for the year (+€104,081) and Tax, wage and social debts (+€16,127)
- Receivables within one year +€9,405
up €9,405 (+8.6%), from €109,940 to €119,345
of which Trade receivables: +€12,063
- Tangible fixed assets +€8,746
up €8,746 (+210%), from €4,159 to €12,905
- Reserves +€104,081
up €104,081 (+57.0%), from €182,743 to €286,824
- Tax, wage and social debts +€16,127
up €16,127 (+56.8%), from €28,400 to €44,527
- Debts after one year -€14,636
no longer reported in 2025 (was €14,636)
- Trade debts +€11,778
up €11,778 (+1,514%), from €778 to €12,556
- Current portion of long-term debt -€4,141
down €4,141 (-22.0%), from €18,812 to €14,671
- Gross operating margin +€34,654
up €34,654 (+29.6%), from €117,212 to €151,866
- Taxes +€11,432
up €11,432 (+34.9%), from €32,743 to €44,175
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 | €263,171 | €378,816 | +€115,645 | +43.9% |
| Fixed assets | 21/28 | €100,933 | €109,679 | +€8,746 | +8.7% |
| Tangible fixed assets | 22/27 | €4,159 | €12,905 | +€8,746 | +210% |
| Furniture and vehicles | 24 | €4,159 | €12,905 | +€8,746 | +210% |
| Financial fixed assets | 28 | €96,774 | €96,774 | = | 0.0% |
| Current assets | 29/58 | €162,238 | €269,137 | +€106,899 | +65.9% |
| Amounts receivable within one year | 40/41 | €109,940 | €119,345 | +€9,405 | +8.6% |
| Trade receivables | 40 | €107,279 | €119,342 | +€12,063 | +11.2% |
| Other amounts receivable | 41 | €2,661 | €3 | -€2,659 | -99.9% |
| Cash at bank and in hand | 54/58 | €52,298 | €149,242 | +€96,945 | +185% |
| Deferred charges and accrued income | 490/1 | - | €550 | +€550 | |
| Total equity and liabilities | 10/49 | €263,171 | €378,816 | +€115,645 | +43.9% |
| Equity | 10/15 | €185,243 | €289,324 | +€104,081 | +56.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €182,743 | €286,824 | +€104,081 | +57.0% |
| Distributable reserves | 133 | €182,743 | €286,824 | +€104,081 | +57.0% |
| Amounts payable | 17/49 | €77,928 | €89,492 | +€11,564 | +14.8% |
| Amounts payable after more than one year | 17 | €14,636 | - | -€14,636 | |
| Financial debts | 170/4 | €14,636 | - | -€14,636 | |
| Amounts payable within one year | 42/48 | €63,292 | €89,492 | +€26,200 | +41.4% |
| Current portion of amounts payable after more than one year | 42 | €18,812 | €14,671 | -€4,141 | -22.0% |
| Trade debts | 44 | €778 | €12,556 | +€11,778 | +1,514% |
| Suppliers | 440/4 | €778 | €12,556 | +€11,778 | +1,514% |
| Taxes, remuneration and social security | 45 | €28,400 | €44,527 | +€16,127 | +56.8% |
| Taxes | 450/3 | €28,400 | €44,527 | +€16,127 | +56.8% |
| Other amounts payable | 47/48 | €15,303 | €17,738 | +€2,435 | +15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,260 | €927 | -€1,333 | -59.0% |
| Other operating charges | 640/8 | €1,929 | €1,504 | -€425 | -22.0% |
| Gross operating margin | 9900 | €117,212 | €151,866 | +€34,654 | +29.6% |
| Operating profit (loss) | 9901 | €113,024 | €149,436 | +€36,412 | +32.2% |
| Financial charges | 65/66B | €959 | €1,180 | +€221 | +23.0% |
| Recurring financial charges | 65 | €959 | €1,180 | +€221 | +23.0% |
| Profit (loss) for the period before taxes | 9903 | €112,065 | €148,256 | +€36,191 | +32.3% |
| Income taxes | 67/77 | €32,743 | €44,175 | +€11,432 | +34.9% |
| Profit (loss) for the period | 9904 | €79,322 | €104,081 | +€24,759 | +31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €79,322 | €104,081 | +€24,759 | +31.2% |
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 25 October 2026 via checked.be.