BOFORCE: 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.
BOFORCE
Largest movements
- Tangible fixed assets -€4,223
down €4,223 (-1.3%), from €337,697 to €333,474
of which Land and buildings: -€9,678
- Cash +€4,029
up €4,029 (+18.9%), from €21,287 to €25,316
mainly Net result for the year (+€70,379) and Depreciation (+€21,222)
- Profit (loss) carried forward +€70,379
up €70,379 (+232.6%), from €30,261 to €100,640
- Other debts -€40,000
no longer reported in 2025 (was €40,000)
- Tax, wage and social debts -€26,567
no longer reported in 2025 (was €26,567)
- Gross operating margin +€44,643
up €44,643 (+56.4%), from €79,136 to €123,779
- Taxes +€11,075
up €11,075 (+63.2%), from €17,529 to €28,604
- Other operating charges -€8,972
down €8,972 (-82.0%), from €10,945 to €1,973
- Financial charges -€2,667
down €2,667 (-62.5%), from €4,267 to €1,600
- Depreciation +€1,888
up €1,888 (+9.8%), from €19,335 to €21,222
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 | €360,947 | €363,203 | +€2,255 | +0.6% |
| Fixed assets | 21/28 | €337,697 | €333,474 | -€4,223 | -1.3% |
| Tangible fixed assets | 22/27 | €337,697 | €333,474 | -€4,223 | -1.3% |
| Land and buildings | 22 | €322,396 | €312,718 | -€9,678 | -3.0% |
| Plant, machinery and equipment | 23 | - | €1,350 | +€1,350 | |
| Furniture and vehicles | 24 | €15,301 | €17,457 | +€2,156 | +14.1% |
| Other tangible fixed assets | 26 | - | €1,950 | +€1,950 | |
| Current assets | 29/58 | €23,250 | €29,728 | +€6,478 | +27.9% |
| Amounts receivable within one year | 40/41 | €548 | €2,936 | +€2,389 | +436.3% |
| Trade receivables | 40 | €548 | €847 | +€299 | +54.7% |
| Other amounts receivable | 41 | - | €2,089 | +€2,089 | |
| Cash at bank and in hand | 54/58 | €21,287 | €25,316 | +€4,029 | +18.9% |
| Deferred charges and accrued income | 490/1 | €1,416 | €1,476 | +€60 | +4.3% |
| Total equity and liabilities | 10/49 | €360,947 | €363,203 | +€2,255 | +0.6% |
| Equity | 10/15 | €292,342 | €362,721 | +€70,379 | +24.1% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Capital | 10 | €70,000 | €70,000 | = | 0.0% |
| Issued capital | 100 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €192,081 | €192,081 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,000 | €7,000 | = | 0.0% |
| Legal reserve | 130 | €7,000 | €7,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €135,231 | €135,231 | = | 0.0% |
| Distributable reserves | 133 | €49,851 | €49,851 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,261 | €100,640 | +€70,379 | +232.6% |
| Amounts payable | 17/49 | €68,605 | €481 | -€68,124 | -99.3% |
| Amounts payable within one year | 42/48 | €67,365 | €446 | -€66,919 | -99.3% |
| Trade debts | 44 | €798 | €446 | -€352 | -44.1% |
| Suppliers | 440/4 | €798 | €446 | -€352 | -44.1% |
| Taxes, remuneration and social security | 45 | €26,567 | - | -€26,567 | |
| Taxes | 450/3 | €26,567 | - | -€26,567 | |
| Other amounts payable | 47/48 | €40,000 | - | -€40,000 | |
| Accrued charges and deferred income | 492/3 | €1,241 | €35 | -€1,205 | -97.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,335 | €21,222 | +€1,888 | +9.8% |
| Other operating charges | 640/8 | €10,945 | €1,973 | -€8,972 | -82.0% |
| Gross operating margin | 9900 | €79,136 | €123,779 | +€44,643 | +56.4% |
| Operating profit (loss) | 9901 | €48,856 | €100,583 | +€51,727 | +105.9% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €4,267 | €1,600 | -€2,667 | -62.5% |
| Recurring financial charges | 65 | €4,267 | €1,600 | -€2,667 | -62.5% |
| Profit (loss) for the period before taxes | 9903 | €44,599 | €98,984 | +€54,385 | +121.9% |
| Income taxes | 67/77 | €17,529 | €28,604 | +€11,075 | +63.2% |
| Profit (loss) for the period | 9904 | €27,070 | €70,379 | +€43,309 | +160.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,070 | €70,379 | +€43,309 | +160.0% |
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.