BOKX: 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.
BOKX
Largest movements
- Cash +€86,688
up €86,688 (+43.0%), from €201,695 to €288,383
mainly Net result for the year (+€115,536) and Tax, wage and social debts (+€30,680)
- Tangible fixed assets +€10,266
up €10,266 (+26.8%), from €38,333 to €48,599
of which Other tangible fixed assets: +€12,000
- Receivables after one year -€10,000
down €10,000 (-16.7%), from €60,000 to €50,000
- Receivables within one year +€5,482
up €5,482 (+13.8%), from €39,715 to €45,197
of which Other amounts receivable: +€11,799
- Reserves +€83,542
up €83,542 (+28.2%), from €296,664 to €380,206
of which Distributable reserves: +€83,542
- Tax, wage and social debts +€30,680
up €30,680 (+572.5%), from €5,359 to €36,040
- Other debts -€15,759
down €15,759 (-15.3%), from €102,752 to €86,994
- Trade debts -€6,028
down €6,028 (-68.8%), from €8,767 to €2,739
- Gross operating margin +€12,475
up €12,475 (+7.3%), from €171,159 to €183,634
- Other operating charges +€8,206
up €8,206 (+387.5%), from €2,118 to €10,324
- Taxes +€2,569
up €2,569 (+5.3%), from €48,421 to €50,990
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 | €419,743 | €512,179 | +€92,437 | +22.0% |
| Fixed assets | 21/28 | €118,333 | €128,599 | +€10,266 | +8.7% |
| Tangible fixed assets | 22/27 | €38,333 | €48,599 | +€10,266 | +26.8% |
| Plant, machinery and equipment | 23 | €14,039 | €11,356 | -€2,683 | -19.1% |
| Furniture and vehicles | 24 | €4,617 | €5,566 | +€949 | +20.6% |
| Other tangible fixed assets | 26 | €19,677 | €31,677 | +€12,000 | +61.0% |
| Financial fixed assets | 28 | €80,000 | €80,000 | = | 0.0% |
| Current assets | 29/58 | €301,410 | €383,580 | +€82,170 | +27.3% |
| Amounts receivable after more than one year | 29 | €60,000 | €50,000 | -€10,000 | -16.7% |
| Other amounts receivable | 291 | €60,000 | €50,000 | -€10,000 | -16.7% |
| Amounts receivable within one year | 40/41 | €39,715 | €45,197 | +€5,482 | +13.8% |
| Trade receivables | 40 | €39,715 | €33,398 | -€6,317 | -15.9% |
| Other amounts receivable | 41 | - | €11,799 | +€11,799 | |
| Cash at bank and in hand | 54/58 | €201,695 | €288,383 | +€86,688 | +43.0% |
| Total equity and liabilities | 10/49 | €419,743 | €512,179 | +€92,437 | +22.0% |
| Equity | 10/15 | €302,864 | €386,406 | +€83,542 | +27.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €296,664 | €380,206 | +€83,542 | +28.2% |
| 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 | €294,804 | €378,346 | +€83,542 | +28.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €116,879 | €125,773 | +€8,894 | +7.6% |
| Amounts payable within one year | 42/48 | €116,879 | €125,773 | +€8,894 | +7.6% |
| Trade debts | 44 | €8,767 | €2,739 | -€6,028 | -68.8% |
| Suppliers | 440/4 | €8,767 | €2,739 | -€6,028 | -68.8% |
| Taxes, remuneration and social security | 45 | €5,359 | €36,040 | +€30,680 | +572.5% |
| Taxes | 450/3 | €5,359 | €36,040 | +€30,680 | +572.5% |
| Other amounts payable | 47/48 | €102,752 | €86,994 | -€15,759 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,862 | €5,464 | -€398 | -6.8% |
| Other operating charges | 640/8 | €2,118 | €10,324 | +€8,206 | +387.5% |
| Gross operating margin | 9900 | €171,159 | €183,634 | +€12,475 | +7.3% |
| Operating profit (loss) | 9901 | €163,180 | €167,847 | +€4,667 | +2.9% |
| Financial income | 75/76B | €927 | €1,432 | +€505 | +54.5% |
| Recurring financial income | 75 | €927 | €1,432 | +€505 | +54.5% |
| Financial charges | 65/66B | €2,159 | €2,753 | +€594 | +27.5% |
| Recurring financial charges | 65 | €2,159 | €2,753 | +€594 | +27.5% |
| Profit (loss) for the period before taxes | 9903 | €161,947 | €166,526 | +€4,579 | +2.8% |
| Income taxes | 67/77 | €48,421 | €50,990 | +€2,569 | +5.3% |
| Profit (loss) for the period | 9904 | €113,527 | €115,536 | +€2,010 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €113,527 | €115,536 | +€2,010 | +1.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.