BOFITO: 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.
BOFITO
Largest movements
- Tangible fixed assets -€32,113
down €32,113 (-35.0%), from €91,825 to €59,712
of which Furniture and vehicles: -€18,799
- Receivables within one year +€21,941
up €21,941 (+51.3%), from €42,788 to €64,729
of which Trade receivables: +€24,220
- Cash -€4,941
down €4,941 (-39.6%), from €12,476 to €7,535
mainly Receivables within one year (-€21,941) and Net result for the year (-€16,531)
- Deferred charges and accrued income -€2,256
down €2,256 (-30.3%), from €7,447 to €5,192
- Profit (loss) carried forward -€16,531
down €16,531 (-195.7%), from -€8,447 to -€24,978
- Other debts +€10,833
up €10,833 (+9.3%), from €117,095 to €127,928
- Trade debts -€7,023
down €7,023 (-85.2%), from €8,244 to €1,221
- Debts after one year -€6,877
down €6,877 (-25.7%), from €26,783 to €19,906
- Gross operating margin -€15,138
down €15,138 (-40.9%), from €37,013 to €21,875
- Depreciation -€686
down €686 (-2.0%), from €34,202 to €33,516
- Other operating charges -€678
down €678 (-16.6%), from €4,098 to €3,420
- Financial charges -€470
down €470 (-19.9%), from €2,366 to €1,897
- Financial income +€426
up €426 (+1066050.0%), from €0 to €426
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 | €154,536 | €137,168 | -€17,368 | -11.2% |
| Fixed assets | 21/28 | €91,825 | €59,712 | -€32,113 | -35.0% |
| Tangible fixed assets | 22/27 | €91,825 | €59,712 | -€32,113 | -35.0% |
| Plant, machinery and equipment | 23 | €32,413 | €22,107 | -€10,306 | -31.8% |
| Furniture and vehicles | 24 | €54,098 | €35,299 | -€18,799 | -34.8% |
| Leasing and similar rights | 25 | €2,447 | - | -€2,447 | |
| Other tangible fixed assets | 26 | €2,865 | €2,306 | -€560 | -19.5% |
| Current assets | 29/58 | €62,711 | €77,456 | +€14,745 | +23.5% |
| Amounts receivable within one year | 40/41 | €42,788 | €64,729 | +€21,941 | +51.3% |
| Trade receivables | 40 | €40,508 | €64,729 | +€24,220 | +59.8% |
| Other amounts receivable | 41 | €2,279 | - | -€2,279 | |
| Cash at bank and in hand | 54/58 | €12,476 | €7,535 | -€4,941 | -39.6% |
| Deferred charges and accrued income | 490/1 | €7,447 | €5,192 | -€2,256 | -30.3% |
| Total equity and liabilities | 10/49 | €154,536 | €137,168 | -€17,368 | -11.2% |
| Equity | 10/15 | -€7,447 | -€23,978 | -€16,531 | -222.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,447 | -€24,978 | -€16,531 | -195.7% |
| Amounts payable | 17/49 | €161,983 | €161,146 | -€837 | -0.5% |
| Amounts payable after more than one year | 17 | €26,783 | €19,906 | -€6,877 | -25.7% |
| Financial debts | 170/4 | €26,783 | €19,906 | -€6,877 | -25.7% |
| Amounts payable within one year | 42/48 | €135,201 | €141,240 | +€6,040 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | €8,710 | €9,009 | +€299 | +3.4% |
| Trade debts | 44 | €8,244 | €1,221 | -€7,023 | -85.2% |
| Suppliers | 440/4 | €8,244 | €1,221 | -€7,023 | -85.2% |
| Advances received on contracts in progress | 46 | - | €504 | +€504 | |
| Taxes, remuneration and social security | 45 | €1,151 | €2,578 | +€1,427 | +123.9% |
| Taxes | 450/3 | €1,151 | €2,578 | +€1,427 | +123.9% |
| Other amounts payable | 47/48 | €117,095 | €127,928 | +€10,833 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,202 | €33,516 | -€686 | -2.0% |
| Other operating charges | 640/8 | €4,098 | €3,420 | -€678 | -16.6% |
| Gross operating margin | 9900 | €37,013 | €21,875 | -€15,138 | -40.9% |
| Operating profit (loss) | 9901 | -€1,287 | -€15,061 | -€13,773 | -1070.0% |
| Financial income | 75/76B | €0 | €426 | +€426 | +1066050.0% |
| Recurring financial income | 75 | €0 | €426 | +€426 | +1066050.0% |
| Financial charges | 65/66B | €2,366 | €1,897 | -€470 | -19.9% |
| Recurring financial charges | 65 | €2,366 | €1,897 | -€470 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,654 | -€16,531 | -€12,877 | -352.5% |
| Profit (loss) for the period | 9904 | -€3,654 | -€16,531 | -€12,877 | -352.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,654 | -€16,531 | -€12,877 | -352.5% |
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 7 October 2026 via checked.be.