BOKKEVOORDE: 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.
BOKKEVOORDE
Largest movements
- Receivables within one year +€77,132
up €77,132 (+180%), from €42,894 to €120,025
- Tangible fixed assets +€27,787
up €27,787 (+3.7%), from €745,367 to €773,154
of which Plant, machinery and equipment: +€56,153
- Cash -€19,319
down €19,319 (-15.0%), from €128,809 to €109,490
mainly Receivables within one year (-€77,132) and Investment in fixed assets (net) (-€62,911)
- Reserves +€44,530
up €44,530 (+43.0%), from €103,625 to €148,155
- Accrued charges and deferred income +€26,732
new in 2025: €26,732
- Trade debts +€11,751
up €11,751 (+150%), from €7,814 to €19,565
- Gross operating margin -€34,536
down €34,536 (-25.3%), from €136,476 to €101,940
- Depreciation +€5,023
up €5,023 (+16.7%), from €30,100 to €35,124
- Taxes -€4,306
down €4,306 (-21.8%), from €19,742 to €15,437
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 | €917,070 | €1,002,669 | +€85,599 | +9.3% |
| Fixed assets | 21/28 | €745,367 | €773,154 | +€27,787 | +3.7% |
| Tangible fixed assets | 22/27 | €745,367 | €773,154 | +€27,787 | +3.7% |
| Land and buildings | 22 | €733,080 | €704,714 | -€28,366 | -3.9% |
| Plant, machinery and equipment | 23 | €12,287 | €68,439 | +€56,153 | +457% |
| Current assets | 29/58 | €171,703 | €229,516 | +€57,812 | +33.7% |
| Amounts receivable within one year | 40/41 | €42,894 | €120,025 | +€77,132 | +180% |
| Other amounts receivable | 41 | €42,894 | €120,025 | +€77,132 | +180% |
| Cash at bank and in hand | 54/58 | €128,809 | €109,490 | -€19,319 | -15.0% |
| Total equity and liabilities | 10/49 | €917,070 | €1,002,669 | +€85,599 | +9.3% |
| Equity | 10/15 | €105,625 | €150,155 | +€44,530 | +42.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €103,625 | €148,155 | +€44,530 | +43.0% |
| Distributable reserves | 133 | €103,625 | €148,155 | +€44,530 | +43.0% |
| Amounts payable | 17/49 | €811,445 | €852,514 | +€41,070 | +5.1% |
| Amounts payable within one year | 42/48 | €811,445 | €825,782 | +€14,338 | +1.8% |
| Trade debts | 44 | €7,814 | €19,565 | +€11,751 | +150% |
| Suppliers | 440/4 | €7,814 | €19,565 | +€11,751 | +150% |
| Taxes, remuneration and social security | 45 | €10,952 | €11,739 | +€787 | +7.2% |
| Taxes | 450/3 | €10,952 | €11,739 | +€787 | +7.2% |
| Other amounts payable | 47/48 | €792,678 | €794,478 | +€1,800 | +0.2% |
| Accrued charges and deferred income | 492/3 | - | €26,732 | +€26,732 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,100 | €35,124 | +€5,023 | +16.7% |
| Other operating charges | 640/8 | €6,344 | €6,708 | +€364 | +5.7% |
| Gross operating margin | 9900 | €136,476 | €101,940 | -€34,536 | -25.3% |
| Operating profit (loss) | 9901 | €100,032 | €60,108 | -€39,924 | -39.9% |
| Financial charges | 65/66B | €199 | €141 | -€57 | -28.9% |
| Recurring financial charges | 65 | €199 | €141 | -€57 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | €99,833 | €59,966 | -€39,867 | -39.9% |
| Income taxes | 67/77 | €19,742 | €15,437 | -€4,306 | -21.8% |
| Profit (loss) for the period | 9904 | €80,091 | €44,530 | -€35,561 | -44.4% |
| Profit (loss) for the period to be appropriated | 9905 | €80,091 | €44,530 | -€35,561 | -44.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.