BOFISO: 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.
BOFISO
Largest movements
- Cash +€58,438
up €58,438 (+1082.8%), from €5,397 to €63,835
mainly Receivables within one year (+€29,437) and Trade debts (+€24,163)
- Receivables within one year -€29,437
down €29,437 (-41.5%), from €70,990 to €41,553
of which Trade receivables: -€30,515
- Tangible fixed assets -€2,418
down €2,418 (-33.0%), from €7,328 to €4,910
- Trade debts +€24,163
up €24,163 (+231.2%), from €10,449 to €34,612
- Other debts +€7,098
up €7,098 (+53.2%), from €13,336 to €20,434
- Tax, wage and social debts -€4,952
no longer reported in 2025 (was €4,952)
- Purchases and services +€14,548
up €14,548 (+27.1%), from €53,781 to €68,329
- Turnover +€13,618
up €13,618 (+27.5%), from €49,553 to €63,171
- Gross operating margin -€794
down €794 (-9.6%), from €8,307 to €7,513
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 | €86,763 | €113,683 | +€26,920 | +31.0% |
| Fixed assets | 21/28 | €7,328 | €4,910 | -€2,418 | -33.0% |
| Tangible fixed assets | 22/27 | €7,328 | €4,910 | -€2,418 | -33.0% |
| Plant, machinery and equipment | 23 | €7,328 | €4,910 | -€2,418 | -33.0% |
| Current assets | 29/58 | €79,435 | €108,773 | +€29,338 | +36.9% |
| Amounts receivable within one year | 40/41 | €70,990 | €41,553 | -€29,437 | -41.5% |
| Trade receivables | 40 | €70,990 | €40,475 | -€30,515 | -43.0% |
| Other amounts receivable | 41 | - | €1,078 | +€1,078 | |
| Cash at bank and in hand | 54/58 | €5,397 | €63,835 | +€58,438 | +1082.8% |
| Deferred charges and accrued income | 490/1 | €3,048 | €3,385 | +€337 | +11.1% |
| Total equity and liabilities | 10/49 | €86,763 | €113,683 | +€26,920 | +31.0% |
| Equity | 10/15 | €55,550 | €56,156 | +€606 | +1.1% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €36,800 | €37,406 | +€606 | +1.6% |
| Distributable reserves | 133 | €36,800 | €37,406 | +€606 | +1.6% |
| Amounts payable | 17/49 | €31,213 | €57,527 | +€26,314 | +84.3% |
| Amounts payable within one year | 42/48 | €28,737 | €55,046 | +€26,309 | +91.6% |
| Trade debts | 44 | €10,449 | €34,612 | +€24,163 | +231.2% |
| Suppliers | 440/4 | €10,449 | €34,612 | +€24,163 | +231.2% |
| Taxes, remuneration and social security | 45 | €4,952 | - | -€4,952 | |
| Taxes | 450/3 | €4,952 | - | -€4,952 | |
| Other amounts payable | 47/48 | €13,336 | €20,434 | +€7,098 | +53.2% |
| Accrued charges and deferred income | 492/3 | €2,476 | €2,481 | +€5 | +0.2% |
| Turnover | 70 | €49,553 | €63,171 | +€13,618 | +27.5% |
| Non-recurring operating income | 76A | €12,535 | €12,671 | +€136 | +1.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €53,781 | €68,329 | +€14,548 | +27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,046 | €2,418 | -€628 | -20.6% |
| Other operating charges | 640/8 | €4,378 | €4,429 | +€51 | +1.2% |
| Gross operating margin | 9900 | €8,307 | €7,513 | -€794 | -9.6% |
| Operating profit (loss) | 9901 | €883 | €666 | -€217 | -24.6% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Non-recurring financial income | 76B | €1 | - | -€1 | |
| Financial charges | 65/66B | €60 | €60 | = | 0.0% |
| Recurring financial charges | 65 | €60 | €60 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €824 | €606 | -€218 | -26.5% |
| Profit (loss) for the period | 9904 | €824 | €606 | -€218 | -26.5% |
| Profit (loss) for the period to be appropriated | 9905 | €824 | €606 | -€218 | -26.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.