BOHERO: 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.
BOHERO
Largest movements
- Cash +€139,600
up €139,600 (+415.1%), from €33,628 to €173,229
mainly Net result for the year (+€106,933) and Current investments (+€40,000)
- Current investments -€40,000
no longer reported in 2025 (was €40,000)
- Receivables within one year +€28,541
up €28,541 (+475.8%), from €5,999 to €34,540
of which Trade receivables: +€31,073
- Intangible fixed assets +€27,122
up €27,122 (+2656.8%), from €1,021 to €28,143
- Tangible fixed assets -€21,938
down €21,938 (-5.8%), from €380,682 to €358,744
of which Furniture and vehicles: -€12,597
- Reserves +€106,930
up €106,930 (+17.5%), from €609,530 to €716,460
- Gross operating margin +€16,235
up €16,235 (+10.0%), from €161,732 to €177,967
- Taxes +€4,765
up €4,765 (+12.6%), from €37,674 to €42,438
- Financial charges -€3,622
down €3,622 (-47.0%), from €7,700 to €4,078
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 | €721,684 | €842,699 | +€121,015 | +16.8% |
| Fixed assets | 21/28 | €381,728 | €386,912 | +€5,184 | +1.4% |
| Intangible fixed assets | 21 | €1,021 | €28,143 | +€27,122 | +2656.8% |
| Tangible fixed assets | 22/27 | €380,682 | €358,744 | -€21,938 | -5.8% |
| Land and buildings | 22 | €267,221 | €260,341 | -€6,880 | -2.6% |
| Plant, machinery and equipment | 23 | €30,673 | €28,212 | -€2,461 | -8.0% |
| Furniture and vehicles | 24 | €82,789 | €70,191 | -€12,597 | -15.2% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €339,956 | €455,788 | +€115,832 | +34.1% |
| Stocks and contracts in progress | 3 | €260,329 | €248,019 | -€12,310 | -4.7% |
| Stocks | 30/36 | €260,329 | €248,019 | -€12,310 | -4.7% |
| Amounts receivable within one year | 40/41 | €5,999 | €34,540 | +€28,541 | +475.8% |
| Trade receivables | 40 | €2,728 | €33,801 | +€31,073 | +1139.1% |
| Other amounts receivable | 41 | €3,271 | €739 | -€2,532 | -77.4% |
| Current investments | 50/53 | €40,000 | - | -€40,000 | |
| Cash at bank and in hand | 54/58 | €33,628 | €173,229 | +€139,600 | +415.1% |
| Total equity and liabilities | 10/49 | €721,684 | €842,699 | +€121,015 | +16.8% |
| Equity | 10/15 | €684,634 | €791,567 | +€106,933 | +15.6% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €609,530 | €716,460 | +€106,930 | +17.5% |
| Distributable reserves | 133 | €609,530 | €716,460 | +€106,930 | +17.5% |
| Profit (loss) carried forward | 14 | €104 | €107 | +€3 | +2.6% |
| Amounts payable | 17/49 | €37,050 | €51,133 | +€14,083 | +38.0% |
| Amounts payable within one year | 42/48 | €37,050 | €51,133 | +€14,083 | +38.0% |
| Trade debts | 44 | €12,379 | €17,942 | +€5,563 | +44.9% |
| Suppliers | 440/4 | €12,379 | €17,942 | +€5,563 | +44.9% |
| Taxes, remuneration and social security | 45 | €24,586 | €32,955 | +€8,369 | +34.0% |
| Taxes | 450/3 | €24,586 | €32,955 | +€8,369 | +34.0% |
| Other amounts payable | 47/48 | €85 | €235 | +€150 | +176.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,220 | €24,614 | +€394 | +1.6% |
| Other operating charges | 640/8 | €1,342 | €1,229 | -€113 | -8.4% |
| Gross operating margin | 9900 | €161,732 | €177,967 | +€16,235 | +10.0% |
| Operating profit (loss) | 9901 | €136,169 | €152,124 | +€15,954 | +11.7% |
| Financial income | 75/76B | €1,831 | €1,325 | -€505 | -27.6% |
| Recurring financial income | 75 | €1,831 | €1,325 | -€505 | -27.6% |
| Financial charges | 65/66B | €7,700 | €4,078 | -€3,622 | -47.0% |
| Recurring financial charges | 65 | €7,700 | €4,078 | -€3,622 | -47.0% |
| Profit (loss) for the period before taxes | 9903 | €130,300 | €149,371 | +€19,071 | +14.6% |
| Income taxes | 67/77 | €37,674 | €42,438 | +€4,765 | +12.6% |
| Profit (loss) for the period | 9904 | €92,627 | €106,933 | +€14,306 | +15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €92,627 | €106,933 | +€14,306 | +15.4% |
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 8 October 2026 via checked.be.