BORA BORA: 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.
BORA BORA
Largest movements
- Cash -€7,292
down €7,292 (-22.0%), from €33,091 to €25,799
mainly Other debts (-€7,870) and Debts after one year (-€6,341)
- Deferred charges and accrued income -€5,520
down €5,520 (-18.6%), from €29,714 to €24,193
- Tangible fixed assets -€5,032
down €5,032 (-17.5%), from €28,745 to €23,713
of which Plant, machinery and equipment: -€4,490
- Intangible fixed assets -€1,488
no longer reported in 2025 (was €1,488)
- Other debts -€7,870
down €7,870 (-78.6%), from €10,010 to €2,140
- Debts after one year -€6,341
down €6,341 (-41.2%), from €15,382 to €9,041
- Profit (loss) carried forward -€2,608
down €2,608, from €635 to -€1,973
- Trade debts -€2,454
down €2,454 (-13.2%), from €18,625 to €16,171
- Tax, wage and social debts +€1,926
up €1,926 (+13.5%), from €14,280 to €16,206
of which Taxes: +€1,988
- Gross operating margin -€27,792
down €27,792 (-46.7%), from €59,457 to €31,666
- Taxes -€4,721
down €4,721 (-66.9%), from €7,052 to €2,332
- Financial charges -€806
down €806 (-27.0%), from €2,984 to €2,178
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 | €95,393 | €76,518 | -€18,875 | -19.8% |
| Fixed assets | 21/28 | €31,030 | €24,511 | -€6,519 | -21.0% |
| Intangible fixed assets | 21 | €1,488 | - | -€1,488 | |
| Tangible fixed assets | 22/27 | €28,745 | €23,713 | -€5,032 | -17.5% |
| Plant, machinery and equipment | 23 | €26,898 | €22,408 | -€4,490 | -16.7% |
| Furniture and vehicles | 24 | €1,364 | €991 | -€373 | -27.3% |
| Other tangible fixed assets | 26 | €483 | €314 | -€169 | -35.0% |
| Financial fixed assets | 28 | €798 | €798 | = | 0.0% |
| Current assets | 29/58 | €64,363 | €52,007 | -€12,356 | -19.2% |
| Stocks and contracts in progress | 3 | €557 | €415 | -€142 | -25.5% |
| Stocks | 30/36 | €557 | €415 | -€142 | -25.5% |
| Amounts receivable within one year | 40/41 | €1,001 | €1,600 | +€599 | +59.8% |
| Trade receivables | 40 | €1,001 | €1,600 | +€599 | +59.8% |
| Cash at bank and in hand | 54/58 | €33,091 | €25,799 | -€7,292 | -22.0% |
| Deferred charges and accrued income | 490/1 | €29,714 | €24,193 | -€5,520 | -18.6% |
| Total equity and liabilities | 10/49 | €95,393 | €76,518 | -€18,875 | -19.8% |
| Equity | 10/15 | €29,227 | €26,619 | -€2,608 | -8.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €635 | -€1,973 | -€2,608 | |
| Amounts payable | 17/49 | €66,166 | €49,899 | -€16,267 | -24.6% |
| Amounts payable after more than one year | 17 | €15,382 | €9,041 | -€6,341 | -41.2% |
| Financial debts | 170/4 | €15,382 | €9,041 | -€6,341 | -41.2% |
| Amounts payable within one year | 42/48 | €50,785 | €40,858 | -€9,926 | -19.5% |
| Current portion of amounts payable after more than one year | 42 | €7,870 | €6,341 | -€1,529 | -19.4% |
| Trade debts | 44 | €18,625 | €16,171 | -€2,454 | -13.2% |
| Suppliers | 440/4 | €18,625 | €16,171 | -€2,454 | -13.2% |
| Taxes, remuneration and social security | 45 | €14,280 | €16,206 | +€1,926 | +13.5% |
| Taxes | 450/3 | €10,582 | €12,570 | +€1,988 | +18.8% |
| Remuneration and social security | 454/9 | €3,698 | €3,637 | -€61 | -1.7% |
| Other amounts payable | 47/48 | €10,010 | €2,140 | -€7,870 | -78.6% |
| Non-recurring operating income | 76A | €19,102 | - | -€19,102 | |
| Remuneration, social security and pensions | 62 | €18,307 | €18,684 | +€378 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,965 | €9,570 | -€395 | -4.0% |
| Other operating charges | 640/8 | €387 | €671 | +€284 | +73.3% |
| Non-recurring operating charges | 66A | €290 | €839 | +€548 | +189% |
| Gross operating margin | 9900 | €59,457 | €31,666 | -€27,792 | -46.7% |
| Operating profit (loss) | 9901 | €30,508 | €1,902 | -€28,606 | -93.8% |
| Financial income | 75/76B | €357 | - | -€357 | |
| Recurring financial income | 75 | €357 | - | -€357 | |
| Financial charges | 65/66B | €2,984 | €2,178 | -€806 | -27.0% |
| Recurring financial charges | 65 | €2,984 | €2,178 | -€806 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €27,882 | -€276 | -€28,158 | |
| Income taxes | 67/77 | €7,052 | €2,332 | -€4,721 | -66.9% |
| Profit (loss) for the period | 9904 | €20,829 | -€2,608 | -€23,437 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,829 | -€2,608 | -€23,437 |
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 18 October 2026 via checked.be.