BOKAP: 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.
BOKAP
Largest movements
- Cash +€51,621
up €51,621 (+160%), from €32,165 to €83,786
mainly Net result for the year (+€25,511) and Receivables after one year (+€15,000)
- Receivables after one year -€15,000
down €15,000 (-22.1%), from €68,000 to €53,000
- Receivables within one year -€4,020
down €4,020 (-8.2%), from €48,842 to €44,822
of which Other amounts receivable: -€5,511
- Reserves +€25,511
up €25,511 (+35.7%), from €71,556 to €97,067
of which Distributable reserves: +€25,511
- Accrued charges and deferred income +€5,218
new in 2025: €5,218
- Trade debts -€3,224
down €3,224 (-76.5%), from €4,214 to €989
- Gross operating margin +€4,081
up €4,081 (+10.7%), from €38,075 to €42,156
- Taxes +€3,912
up €3,912 (+39.0%), from €10,032 to €13,945
- Depreciation -€1,149
down €1,149 (-31.4%), from €3,658 to €2,508
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.
Derived cash bridge
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 | €179,375 | €210,542 | +€31,167 | +17.4% |
| Fixed assets | 21/28 | €26,068 | €24,244 | -€1,824 | -7.0% |
| Tangible fixed assets | 22/27 | €6,468 | €4,644 | -€1,824 | -28.2% |
| Furniture and vehicles | 24 | €2,531 | €1,607 | -€924 | -36.5% |
| Other tangible fixed assets | 26 | €3,937 | €3,037 | -€900 | -22.9% |
| Financial fixed assets | 28 | €19,600 | €19,600 | = | 0.0% |
| Current assets | 29/58 | €153,307 | €186,299 | +€32,992 | +21.5% |
| Amounts receivable after more than one year | 29 | €68,000 | €53,000 | -€15,000 | -22.1% |
| Other amounts receivable | 291 | €68,000 | €53,000 | -€15,000 | -22.1% |
| Amounts receivable within one year | 40/41 | €48,842 | €44,822 | -€4,020 | -8.2% |
| Trade receivables | 40 | €35,913 | €37,404 | +€1,491 | +4.2% |
| Other amounts receivable | 41 | €12,929 | €7,418 | -€5,511 | -42.6% |
| Cash at bank and in hand | 54/58 | €32,165 | €83,786 | +€51,621 | +160% |
| Deferred charges and accrued income | 490/1 | €4,301 | €4,691 | +€390 | +9.1% |
| Total equity and liabilities | 10/49 | €179,375 | €210,542 | +€31,167 | +17.4% |
| Equity | 10/15 | €171,556 | €197,067 | +€25,511 | +14.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €71,556 | €97,067 | +€25,511 | +35.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €71,556 | €97,067 | +€25,511 | +35.7% |
| Amounts payable | 17/49 | €7,819 | €13,476 | +€5,656 | +72.3% |
| Amounts payable within one year | 42/48 | €7,819 | €8,257 | +€438 | +5.6% |
| Trade debts | 44 | €4,214 | €989 | -€3,224 | -76.5% |
| Suppliers | 440/4 | €4,214 | €989 | -€3,224 | -76.5% |
| Taxes, remuneration and social security | 45 | €462 | €2,125 | +€1,662 | +360% |
| Taxes | 450/3 | €462 | €2,125 | +€1,662 | +360% |
| Other amounts payable | 47/48 | €3,143 | €5,143 | +€2,000 | +63.6% |
| Accrued charges and deferred income | 492/3 | - | €5,218 | +€5,218 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,658 | €2,508 | -€1,149 | -31.4% |
| Other operating charges | 640/8 | €725 | €750 | +€25 | +3.4% |
| Gross operating margin | 9900 | €38,075 | €42,156 | +€4,081 | +10.7% |
| Operating profit (loss) | 9901 | €33,692 | €38,898 | +€5,206 | +15.5% |
| Financial income | 75/76B | €1,097 | €883 | -€214 | -19.5% |
| Recurring financial income | 75 | €1,097 | €883 | -€214 | -19.5% |
| Financial charges | 65/66B | €407 | €324 | -€83 | -20.4% |
| Recurring financial charges | 65 | €407 | €324 | -€83 | -20.4% |
| Profit (loss) for the period before taxes | 9903 | €34,381 | €39,456 | +€5,075 | +14.8% |
| Income taxes | 67/77 | €10,032 | €13,945 | +€3,912 | +39.0% |
| Profit (loss) for the period | 9904 | €24,349 | €25,511 | +€1,162 | +4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,349 | €25,511 | +€1,162 | +4.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.