BOKE: 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.
BOKE
Largest movements
- Cash +€32,992
up €32,992 (+20.1%), from €163,778 to €196,770
mainly Stocks and contracts (+€11,848) and Net result for the year (+€8,736)
- Stocks and contracts -€11,848
down €11,848 (-38.6%), from €30,734 to €18,885
- Tangible fixed assets -€6,600
down €6,600 (-16.0%), from €41,197 to €34,598
- Profit (loss) carried forward +€8,736
up €8,736 (+34.6%), from €25,223 to €33,958
- Trade debts +€2,846
up €2,846 (+59.1%), from €4,814 to €7,659
- Gross operating margin -€6,389
down €6,389 (-22.8%), from €28,044 to €21,656
- Financial income +€1,417
up €1,417 (+600.4%), from €236 to €1,653
- Other operating charges -€359
down €359 (-7.9%), from €4,542 to €4,184
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 | €238,965 | €251,475 | +€12,510 | +5.2% |
| Fixed assets | 21/28 | €41,197 | €34,598 | -€6,600 | -16.0% |
| Tangible fixed assets | 22/27 | €41,197 | €34,598 | -€6,600 | -16.0% |
| Land and buildings | 22 | €41,197 | €34,598 | -€6,600 | -16.0% |
| Current assets | 29/58 | €197,768 | €216,878 | +€19,110 | +9.7% |
| Stocks and contracts in progress | 3 | €30,734 | €18,885 | -€11,848 | -38.6% |
| Stocks | 30/36 | €30,734 | €18,885 | -€11,848 | -38.6% |
| Amounts receivable within one year | 40/41 | €850 | €488 | -€362 | -42.6% |
| Trade receivables | 40 | €498 | €125 | -€374 | -75.0% |
| Other amounts receivable | 41 | €352 | €364 | +€11 | +3.2% |
| Cash at bank and in hand | 54/58 | €163,778 | €196,770 | +€32,992 | +20.1% |
| Deferred charges and accrued income | 490/1 | €2,406 | €734 | -€1,672 | -69.5% |
| Total equity and liabilities | 10/49 | €238,965 | €251,475 | +€12,510 | +5.2% |
| Equity | 10/15 | €93,393 | €102,129 | +€8,736 | +9.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,223 | €33,958 | +€8,736 | +34.6% |
| Amounts payable | 17/49 | €145,572 | €149,347 | +€3,775 | +2.6% |
| Amounts payable after more than one year | 17 | €85,771 | €85,771 | = | 0.0% |
| Financial debts | 170/4 | €85,771 | €85,771 | = | 0.0% |
| Amounts payable within one year | 42/48 | €56,348 | €60,382 | +€4,035 | +7.2% |
| Trade debts | 44 | €4,814 | €7,659 | +€2,846 | +59.1% |
| Suppliers | 440/4 | €4,814 | €7,659 | +€2,846 | +59.1% |
| Taxes, remuneration and social security | 45 | €1,796 | €712 | -€1,084 | -60.4% |
| Taxes | 450/3 | €1,796 | €712 | -€1,084 | -60.4% |
| Other amounts payable | 47/48 | €49,737 | €52,011 | +€2,273 | +4.6% |
| Accrued charges and deferred income | 492/3 | €3,453 | €3,193 | -€260 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,600 | €6,600 | = | 0.0% |
| Other operating charges | 640/8 | €4,542 | €4,184 | -€359 | -7.9% |
| Gross operating margin | 9900 | €28,044 | €21,656 | -€6,389 | -22.8% |
| Operating profit (loss) | 9901 | €16,903 | €10,873 | -€6,030 | -35.7% |
| Financial income | 75/76B | €236 | €1,653 | +€1,417 | +600.4% |
| Recurring financial income | 75 | €236 | €1,653 | +€1,417 | +600.4% |
| Financial charges | 65/66B | €4,009 | €3,790 | -€219 | -5.5% |
| Recurring financial charges | 65 | €4,009 | €3,790 | -€219 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €13,130 | €8,736 | -€4,394 | -33.5% |
| Profit (loss) for the period | 9904 | €13,130 | €8,736 | -€4,394 | -33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,130 | €8,736 | -€4,394 | -33.5% |
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 5 October 2026 via checked.be.