Bofiscad: 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.
Bofiscad
Largest movements
- Receivables within one year +€142,623
up €142,623 (+107%), from €133,379 to €276,002
of which Trade receivables: +€142,363
- Cash +€48,112
up €48,112 (+28.4%), from €169,386 to €217,498
mainly Net result for the year (+€93,307) and Accrued charges and deferred income (+€69,321)
- Tangible fixed assets -€18,405
down €18,405 (-17.0%), from €108,090 to €89,685
of which Furniture and vehicles: -€11,269
- Intangible fixed assets -€18,000
down €18,000 (-25.0%), from €72,000 to €54,000
- Deferred charges and accrued income +€8,679
up €8,679 (+54.9%), from €15,815 to €24,494
- Reserves +€93,307
up €93,307 (+23.7%), from €392,902 to €486,209
of which Distributable reserves: +€93,307
- Accrued charges and deferred income +€69,321
up €69,321, from €0 to €69,321
- Other debts -€45,500
down €45,500 (-100%), from €45,500 to €0
- Tax, wage and social debts +€24,270
up €24,270 (+57.5%), from €42,208 to €66,478
of which Taxes: +€23,806
- Trade debts +€22,362
up €22,362 (+71.4%), from €31,301 to €53,664
- Gross operating margin +€44,870
up €44,870 (+13.7%), from €328,412 to €373,282
- Staff costs +€30,656
up €30,656 (+21.4%), from €142,990 to €173,646
- Financial charges +€7,614
up €7,614 (+236%), from €3,228 to €10,842
- Taxes +€7,091
up €7,091 (+21.6%), from €32,813 to €39,904
- Other operating charges +€4,558
up €4,558 (+49.9%), from €9,143 to €13,701
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 | €630,238 | €800,889 | +€170,651 | +27.1% |
| Fixed assets | 21/28 | €311,658 | €282,893 | -€28,764 | -9.2% |
| Intangible fixed assets | 21 | €72,000 | €54,000 | -€18,000 | -25.0% |
| Tangible fixed assets | 22/27 | €108,090 | €89,685 | -€18,405 | -17.0% |
| Land and buildings | 22 | €41,259 | €35,972 | -€5,288 | -12.8% |
| Plant, machinery and equipment | 23 | €26,546 | €24,698 | -€1,848 | -7.0% |
| Furniture and vehicles | 24 | €40,285 | €29,015 | -€11,269 | -28.0% |
| Financial fixed assets | 28 | €131,568 | €139,209 | +€7,641 | +5.8% |
| Current assets | 29/58 | €318,581 | €517,995 | +€199,415 | +62.6% |
| Amounts receivable within one year | 40/41 | €133,379 | €276,002 | +€142,623 | +107% |
| Trade receivables | 40 | €126,971 | €269,335 | +€142,363 | +112% |
| Other amounts receivable | 41 | €6,408 | €6,668 | +€260 | +4.1% |
| Cash at bank and in hand | 54/58 | €169,386 | €217,498 | +€48,112 | +28.4% |
| Deferred charges and accrued income | 490/1 | €15,815 | €24,494 | +€8,679 | +54.9% |
| Total equity and liabilities | 10/49 | €630,238 | €800,889 | +€170,651 | +27.1% |
| Equity | 10/15 | €430,094 | €523,401 | +€93,307 | +21.7% |
| Contributions | 10/11 | €37,192 | €37,192 | = | 0.0% |
| Reserves | 13 | €392,902 | €486,209 | +€93,307 | +23.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €29,433 | €29,433 | = | 0.0% |
| Distributable reserves | 133 | €363,469 | €456,776 | +€93,307 | +25.7% |
| Amounts payable | 17/49 | €200,144 | €277,487 | +€77,343 | +38.6% |
| Amounts payable after more than one year | 17 | €30,822 | €11,346 | -€19,476 | -63.2% |
| Financial debts | 170/4 | €30,822 | €11,346 | -€19,476 | -63.2% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €169,323 | €196,820 | +€27,497 | +16.2% |
| Current portion of amounts payable after more than one year | 42 | €20,313 | €26,529 | +€6,216 | +30.6% |
| Financial debts | 43 | €30,000 | €50,150 | +€20,150 | +67.2% |
| Credit institutions | 430/8 | €30,000 | €50,150 | +€20,150 | +67.2% |
| Trade debts | 44 | €31,301 | €53,664 | +€22,362 | +71.4% |
| Suppliers | 440/4 | €31,301 | €53,664 | +€22,362 | +71.4% |
| Taxes, remuneration and social security | 45 | €42,208 | €66,478 | +€24,270 | +57.5% |
| Taxes | 450/3 | €12,005 | €35,811 | +€23,806 | +198% |
| Remuneration and social security | 454/9 | €30,204 | €30,667 | +€464 | +1.5% |
| Other amounts payable | 47/48 | €45,500 | €0 | -€45,500 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | €69,321 | +€69,321 | |
| Remuneration, social security and pensions | 62 | €142,990 | €173,646 | +€30,656 | +21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,844 | €40,683 | -€161 | -0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,280 | €592 | +€3,872 | |
| Other operating charges | 640/8 | €9,143 | €13,701 | +€4,558 | +49.9% |
| Non-recurring operating charges | 66A | - | €2,500 | +€2,500 | |
| Gross operating margin | 9900 | €328,412 | €373,282 | +€44,870 | +13.7% |
| Operating profit (loss) | 9901 | €138,715 | €142,160 | +€3,445 | +2.5% |
| Financial income | 75/76B | €1,864 | €1,894 | +€30 | +1.6% |
| Recurring financial income | 75 | €1,864 | €1,894 | +€30 | +1.6% |
| Financial charges | 65/66B | €3,228 | €10,842 | +€7,614 | +236% |
| Recurring financial charges | 65 | €3,228 | €10,842 | +€7,614 | +236% |
| Profit (loss) for the period before taxes | 9903 | €137,351 | €133,211 | -€4,140 | -3.0% |
| Income taxes | 67/77 | €32,813 | €39,904 | +€7,091 | +21.6% |
| Profit (loss) for the period | 9904 | €104,538 | €93,307 | -€11,230 | -10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €104,538 | €93,307 | -€11,230 | -10.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.