BOH CONSEIL: 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.
BOH CONSEIL
Largest movements
- Cash +€109,781
up €109,781 (+1272.9%), from €8,625 to €118,405
mainly Net result for the year (+€125,132) and Debts after one year (+€76,267)
- Tangible fixed assets +€98,051
new in 2025: €98,051
- Receivables within one year +€6,240
new in 2025: €6,240
- Profit (loss) carried forward +€125,132
new in 2025: €125,132
- Debts after one year +€76,267
new in 2025: €76,267
- Other debts -€46,500
no longer reported in 2025 (was €46,500)
- Tax, wage and social debts +€39,235
up €39,235 (+335.9%), from €11,681 to €50,917
- Current portion of long-term debt +€20,800
new in 2025: €20,800
- Gross operating margin +€142,849
up €142,849 (+417.0%), from €34,252 to €177,101
- Taxes +€27,591
up €27,591 (+236.2%), from €11,681 to €39,272
- Depreciation +€10,922
new in 2025: €10,922
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 | €83,625 | €298,581 | +€214,956 | +257.0% |
| Fixed assets | 21/28 | €75,000 | €173,051 | +€98,051 | +130.7% |
| Tangible fixed assets | 22/27 | - | €98,051 | +€98,051 | |
| Furniture and vehicles | 24 | - | €98,051 | +€98,051 | |
| Financial fixed assets | 28 | €75,000 | €75,000 | = | 0.0% |
| Current assets | 29/58 | €8,625 | €125,530 | +€116,905 | +1355.5% |
| Amounts receivable within one year | 40/41 | - | €6,240 | +€6,240 | |
| Other amounts receivable | 41 | - | €6,240 | +€6,240 | |
| Cash at bank and in hand | 54/58 | €8,625 | €118,405 | +€109,781 | +1272.9% |
| Deferred charges and accrued income | 490/1 | - | €884 | +€884 | |
| Total equity and liabilities | 10/49 | €83,625 | €298,581 | +€214,956 | +257.0% |
| Equity | 10/15 | €25,165 | €150,297 | +€125,132 | +497.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €22,165 | €22,165 | = | 0.0% |
| Distributable reserves | 133 | €22,165 | €22,165 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €125,132 | +€125,132 | |
| Amounts payable | 17/49 | €58,460 | €148,283 | +€89,824 | +153.7% |
| Amounts payable after more than one year | 17 | - | €76,267 | +€76,267 | |
| Financial debts | 170/4 | - | €76,267 | +€76,267 | |
| Amounts payable within one year | 42/48 | €58,460 | €72,017 | +€13,557 | +23.2% |
| Current portion of amounts payable after more than one year | 42 | - | €20,800 | +€20,800 | |
| Trade debts | 44 | €278 | €300 | +€22 | +7.9% |
| Suppliers | 440/4 | €278 | €300 | +€22 | +7.9% |
| Taxes, remuneration and social security | 45 | €11,681 | €50,917 | +€39,235 | +335.9% |
| Taxes | 450/3 | €11,681 | €50,917 | +€39,235 | +335.9% |
| Other amounts payable | 47/48 | €46,500 | - | -€46,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €10,922 | +€10,922 | |
| Other operating charges | 640/8 | €387 | €828 | +€441 | +113.8% |
| Gross operating margin | 9900 | €34,252 | €177,101 | +€142,849 | +417.0% |
| Operating profit (loss) | 9901 | €33,865 | €165,351 | +€131,486 | +388.3% |
| Financial income | 75/76B | - | €293 | +€293 | |
| Recurring financial income | 75 | - | €293 | +€293 | |
| Financial charges | 65/66B | €19 | €1,240 | +€1,221 | +6513.0% |
| Recurring financial charges | 65 | €19 | €1,240 | +€1,221 | +6513.0% |
| Profit (loss) for the period before taxes | 9903 | €33,846 | €164,404 | +€130,558 | +385.7% |
| Income taxes | 67/77 | €11,681 | €39,272 | +€27,591 | +236.2% |
| Profit (loss) for the period | 9904 | €22,165 | €125,132 | +€102,967 | +464.6% |
| Profit (loss) for the period to be appropriated | 9905 | €22,165 | €125,132 | +€102,967 | +464.6% |
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 6 October 2026 via checked.be.