BOHORQUEZ: what changed
BOHORQUEZ
Largest movements
- Cash +€88,995
up €88,995 (+78.8%), from €112,890 to €201,885
mainly Net result for the year (+€91,202) and Deferred charges and accrued income (+€12,741)
- Receivables within one year +€14,034
up €14,034 (+1,707%), from €822 to €14,857
- Deferred charges and accrued income -€12,741
down €12,741 (-15.0%), from €84,786 to €72,045
- Tangible fixed assets -€3,471
down €3,471 (-12.6%), from €27,552 to €24,081
of which Plant, machinery and equipment: -€2,036
- Profit (loss) carried forward +€91,202
up €91,202 (+47.8%), from €190,778 to €281,981
- Gross operating margin -€12,623
down €12,623 (-9.5%), from €132,892 to €120,269
- Depreciation -€4,240
down €4,240 (-57.2%), from €7,418 to €3,178
- Taxes -€2,585
down €2,585 (-9.2%), from €27,984 to €25,399
- Financial income +€2,000
new in 2025: €2,000
of which Financial income: +€2,000
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €226,051 | €312,867 | +€86,816 | +38.4% |
| Fixed assets | 21/28 | €27,552 | €24,081 | -€3,471 | -12.6% |
| Tangible fixed assets | 22/27 | €27,552 | €24,081 | -€3,471 | -12.6% |
| Plant, machinery and equipment | 23 | €13,985 | €11,949 | -€2,036 | -14.6% |
| Furniture and vehicles | 24 | €13,567 | €12,132 | -€1,435 | -10.6% |
| Current assets | 29/58 | €198,499 | €288,786 | +€90,288 | +45.5% |
| Amounts receivable within one year | 40/41 | €822 | €14,857 | +€14,034 | +1,707% |
| Trade receivables | 40 | €822 | €14,857 | +€14,034 | +1,707% |
| Cash at bank and in hand | 54/58 | €112,890 | €201,885 | +€88,995 | +78.8% |
| Deferred charges and accrued income | 490/1 | €84,786 | €72,045 | -€12,741 | -15.0% |
| Total equity and liabilities | 10/49 | €226,051 | €312,867 | +€86,816 | +38.4% |
| Equity | 10/15 | €192,778 | €283,981 | +€91,202 | +47.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €190,778 | €281,981 | +€91,202 | +47.8% |
| Amounts payable | 17/49 | €33,272 | €28,886 | -€4,386 | -13.2% |
| Amounts payable within one year | 42/48 | €33,272 | €28,886 | -€4,386 | -13.2% |
| Trade debts | 44 | €15 | - | -€15 | |
| Suppliers | 440/4 | €15 | - | -€15 | |
| Taxes, remuneration and social security | 45 | €29,984 | €27,399 | -€2,585 | -8.6% |
| Taxes | 450/3 | €27,984 | €25,399 | -€2,585 | -9.2% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €3,274 | €1,488 | -€1,786 | -54.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,418 | €3,178 | -€4,240 | -57.2% |
| Other operating charges | 640/8 | €1,616 | €2,490 | +€873 | +54.0% |
| Gross operating margin | 9900 | €132,892 | €120,269 | -€12,623 | -9.5% |
| Operating profit (loss) | 9901 | €123,857 | €114,601 | -€9,256 | -7.5% |
| Financial income | 75/76B | - | €2,000 | +€2,000 | |
| Recurring financial income | 75 | - | €2,000 | +€2,000 | |
| Non-recurring financial income | 76B | - | €2,000 | +€2,000 | |
| Financial charges | 65/66B | €86 | - | -€86 | |
| Recurring financial charges | 65 | €86 | - | -€86 | |
| Profit (loss) for the period before taxes | 9903 | €123,771 | €116,601 | -€7,170 | -5.8% |
| Income taxes | 67/77 | €27,984 | €25,399 | -€2,585 | -9.2% |
| Profit (loss) for the period | 9904 | €95,788 | €91,202 | -€4,585 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €95,788 | €91,202 | -€4,585 | -4.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.