BOFRAST: 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.
BOFRAST
Largest movements
- Stocks and contracts -€58,502
down €58,502 (-12.8%), from €455,341 to €396,839
- Cash +€56,531
up €56,531 (+3342.6%), from €1,691 to €58,222
mainly Stocks and contracts (+€58,502) and Net result for the year (+€52,128)
- Other debts -€59,039
down €59,039 (-12.9%), from €457,859 to €398,820
- Profit (loss) carried forward +€52,128
up €52,128, from -€10,669 to €41,460
- Gross operating margin +€76,158
up €76,158, from -€8,083 to €68,074
- Taxes +€14,410
new in 2025: €14,410
- Financial charges -€1,020
down €1,020 (-95.8%), from €1,065 to €45
of which Non-recurring financial charges: -€1,013
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 | €457,190 | €455,061 | -€2,129 | -0.5% |
| Current assets | 29/58 | €457,190 | €455,061 | -€2,129 | -0.5% |
| Stocks and contracts in progress | 3 | €455,341 | €396,839 | -€58,502 | -12.8% |
| Stocks | 30/36 | €455,341 | €396,839 | -€58,502 | -12.8% |
| Amounts receivable within one year | 40/41 | €158 | - | -€158 | |
| Other amounts receivable | 41 | €158 | - | -€158 | |
| Cash at bank and in hand | 54/58 | €1,691 | €58,222 | +€56,531 | +3342.6% |
| Total equity and liabilities | 10/49 | €457,190 | €455,061 | -€2,129 | -0.5% |
| Equity | 10/15 | -€669 | €51,460 | +€52,128 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,669 | €41,460 | +€52,128 | |
| Amounts payable | 17/49 | €457,859 | €403,602 | -€54,257 | -11.9% |
| Amounts payable within one year | 42/48 | €457,859 | €403,602 | -€54,257 | -11.9% |
| Trade debts | 44 | - | €372 | +€372 | |
| Suppliers | 440/4 | - | €372 | +€372 | |
| Taxes, remuneration and social security | 45 | - | €4,410 | +€4,410 | |
| Taxes | 450/3 | - | €4,410 | +€4,410 | |
| Other amounts payable | 47/48 | €457,859 | €398,820 | -€59,039 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €418 | - | -€418 | |
| Other operating charges | 640/8 | €1,385 | €1,582 | +€197 | +14.2% |
| Gross operating margin | 9900 | -€8,083 | €68,074 | +€76,158 | |
| Operating profit (loss) | 9901 | -€9,886 | €66,493 | +€76,378 | |
| Financial income | 75/76B | €229 | €91 | -€138 | -60.4% |
| Recurring financial income | 75 | €229 | €91 | -€138 | -60.4% |
| Financial charges | 65/66B | €1,065 | €45 | -€1,020 | -95.8% |
| Recurring financial charges | 65 | €52 | €45 | -€7 | -13.9% |
| Non-recurring financial charges | 66B | €1,013 | - | -€1,013 | |
| Profit (loss) for the period before taxes | 9903 | -€10,722 | €66,538 | +€77,260 | |
| Income taxes | 67/77 | - | €14,410 | +€14,410 | |
| Profit (loss) for the period | 9904 | -€10,722 | €52,128 | +€62,850 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,722 | €52,128 | +€62,850 |
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 11 October 2026 via checked.be.