BOKE: 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.
BOKE
Largest movements
- Receivables after one year -€9,071
down €9,071 (-23.6%), from €38,450 to €29,378
- Receivables within one year -€3,318
down €3,318 (-32.9%), from €10,071 to €6,752
of which Trade receivables: -€3,118
- Tangible fixed assets -€3,115
down €3,115 (-29.9%), from €10,423 to €7,308
of which Plant, machinery and equipment: -€1,987
- Stocks and contracts +€2,360
up €2,360 (+12.8%), from €18,499 to €20,859
- Cash -€1,630
down €1,630 (-10.4%), from €15,678 to €14,048
mainly Trade debts (-€9,316) and Net result for the year (-€5,090)
- Reserves -€33,126
down €33,126 (-94.7%), from €34,986 to €1,860
of which Distributable reserves: -€33,126
- Profit (loss) carried forward +€28,036
up €28,036 (+60.5%), from -€46,321 to -€18,285
- Trade debts -€9,316
down €9,316 (-10.3%), from €90,098 to €80,782
- Advances received -€1,031
no longer reported in 2025 (was €1,031)
- Gross operating margin -€5,818
down €5,818 (-28.8%), from €20,195 to €14,377
- Financial income +€5,220
up €5,220 (+251.1%), from €2,079 to €7,299
of which Non-recurring financial income: +€5,558
- Financial charges +€3,126
up €3,126 (+79.5%), from €3,931 to €7,057
of which Non-recurring financial charges: +€4,625
- Staff costs +€2,826
up €2,826 (+22.0%), from €12,861 to €15,687
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 | €93,835 | €79,089 | -€14,746 | -15.7% |
| Fixed assets | 21/28 | €10,423 | €7,308 | -€3,115 | -29.9% |
| Tangible fixed assets | 22/27 | €10,423 | €7,308 | -€3,115 | -29.9% |
| Plant, machinery and equipment | 23 | €8,504 | €6,517 | -€1,987 | -23.4% |
| Leasing and similar rights | 25 | €865 | - | -€865 | |
| Other tangible fixed assets | 26 | €1,055 | €791 | -€264 | -25.0% |
| Current assets | 29/58 | €83,412 | €71,781 | -€11,630 | -13.9% |
| Amounts receivable after more than one year | 29 | €38,450 | €29,378 | -€9,071 | -23.6% |
| Other amounts receivable | 291 | €38,450 | €29,378 | -€9,071 | -23.6% |
| Stocks and contracts in progress | 3 | €18,499 | €20,859 | +€2,360 | +12.8% |
| Stocks | 30/36 | €18,499 | €20,859 | +€2,360 | +12.8% |
| Amounts receivable within one year | 40/41 | €10,071 | €6,752 | -€3,318 | -32.9% |
| Trade receivables | 40 | €5,187 | €2,069 | -€3,118 | -60.1% |
| Other amounts receivable | 41 | €4,883 | €4,683 | -€200 | -4.1% |
| Cash at bank and in hand | 54/58 | €15,678 | €14,048 | -€1,630 | -10.4% |
| Deferred charges and accrued income | 490/1 | €714 | €743 | +€29 | +4.1% |
| Total equity and liabilities | 10/49 | €93,835 | €79,089 | -€14,746 | -15.7% |
| Equity | 10/15 | -€135 | -€5,225 | -€5,090 | -3757.9% |
| Contributions | 10/11 | €11,200 | €11,200 | = | 0.0% |
| Reserves | 13 | €34,986 | €1,860 | -€33,126 | -94.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €33,126 | - | -€33,126 | |
| Profit (loss) carried forward | 14 | -€46,321 | -€18,285 | +€28,036 | +60.5% |
| Amounts payable | 17/49 | €93,970 | €84,314 | -€9,656 | -10.3% |
| Amounts payable within one year | 42/48 | €93,970 | €84,314 | -€9,656 | -10.3% |
| Trade debts | 44 | €90,098 | €80,782 | -€9,316 | -10.3% |
| Suppliers | 440/4 | €90,098 | €80,782 | -€9,316 | -10.3% |
| Advances received on contracts in progress | 46 | €1,031 | - | -€1,031 | |
| Taxes, remuneration and social security | 45 | €1,809 | €1,882 | +€73 | +4.0% |
| Taxes | 450/3 | €1,809 | €866 | -€943 | -52.1% |
| Remuneration and social security | 454/9 | - | €1,016 | +€1,016 | |
| Other amounts payable | 47/48 | €1,032 | €1,650 | +€618 | +59.9% |
| Remuneration, social security and pensions | 62 | €12,861 | €15,687 | +€2,826 | +22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,101 | €3,274 | +€173 | +5.6% |
| Other operating charges | 640/8 | €118 | €242 | +€124 | +105.2% |
| Gross operating margin | 9900 | €20,195 | €14,377 | -€5,818 | -28.8% |
| Operating profit (loss) | 9901 | €4,115 | -€4,826 | -€8,941 | |
| Financial income | 75/76B | €2,079 | €7,299 | +€5,220 | +251.1% |
| Recurring financial income | 75 | €2,079 | €1,741 | -€338 | -16.3% |
| Non-recurring financial income | 76B | - | €5,558 | +€5,558 | |
| Financial charges | 65/66B | €3,931 | €7,057 | +€3,126 | +79.5% |
| Recurring financial charges | 65 | €3,931 | €2,432 | -€1,498 | -38.1% |
| Non-recurring financial charges | 66B | - | €4,625 | +€4,625 | |
| Profit (loss) for the period before taxes | 9903 | €2,263 | -€4,585 | -€6,848 | |
| Income taxes | 67/77 | €544 | €505 | -€39 | -7.3% |
| Profit (loss) for the period | 9904 | €1,719 | -€5,090 | -€6,808 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,719 | -€5,090 | -€6,808 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.