BORACTRANS: 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.
BORACTRANS
Largest movements
- Receivables within one year +€13,896
up €13,896 (+34.4%), from €40,381 to €54,277
of which Trade receivables: +€15,040
- Cash -€11,476
down €11,476 (-28.5%), from €40,333 to €28,857
mainly Tax, wage and social debts (-€19,138) and Receivables within one year (-€13,896)
- Tangible fixed assets -€7,377
down €7,377 (-17.4%), from €42,290 to €34,913
- Tax, wage and social debts -€19,138
down €19,138 (-41.3%), from €46,387 to €27,249
of which Taxes: -€20,774
- Other debts +€10,292
up €10,292 (+60.2%), from €17,101 to €27,393
- Accrued charges and deferred income +€4,814
new in 2025: €4,814
- Trade debts -€3,518
down €3,518 (-5.0%), from €69,768 to €66,250
- Profit (loss) carried forward +€2,593
up €2,593, from -€1,562 to €1,032
- Turnover -€693,385
no longer reported in 2025 (was €693,385)
- Purchases and services -€417,208
no longer reported in 2025 (was €417,208)
- Staff costs +€25,682
up €25,682 (+9.7%), from €264,030 to €289,713
- Gross operating margin +€16,032
up €16,032 (+5.8%), from €276,177 to €292,209
- Financial income +€9,405
up €9,405 (+67.9%), from €13,861 to €23,266
of which Non-recurring financial income: +€9,415
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 | €153,294 | €148,337 | -€4,957 | -3.2% |
| Fixed assets | 21/28 | €72,580 | €65,203 | -€7,377 | -10.2% |
| Tangible fixed assets | 22/27 | €42,290 | €34,913 | -€7,377 | -17.4% |
| Furniture and vehicles | 24 | €42,290 | €34,913 | -€7,377 | -17.4% |
| Financial fixed assets | 28 | €30,290 | €30,290 | = | 0.0% |
| Current assets | 29/58 | €80,714 | €83,134 | +€2,420 | +3.0% |
| Amounts receivable within one year | 40/41 | €40,381 | €54,277 | +€13,896 | +34.4% |
| Trade receivables | 40 | €35,381 | €50,420 | +€15,040 | +42.5% |
| Other amounts receivable | 41 | €5,000 | €3,857 | -€1,143 | -22.9% |
| Cash at bank and in hand | 54/58 | €40,333 | €28,857 | -€11,476 | -28.5% |
| Total equity and liabilities | 10/49 | €153,294 | €148,337 | -€4,957 | -3.2% |
| Equity | 10/15 | €20,038 | €22,632 | +€2,593 | +12.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,562 | €1,032 | +€2,593 | |
| Amounts payable | 17/49 | €133,256 | €125,706 | -€7,550 | -5.7% |
| Amounts payable within one year | 42/48 | €133,256 | €120,892 | -€12,364 | -9.3% |
| Trade debts | 44 | €69,768 | €66,250 | -€3,518 | -5.0% |
| Suppliers | 440/4 | €69,768 | €66,250 | -€3,518 | -5.0% |
| Taxes, remuneration and social security | 45 | €46,387 | €27,249 | -€19,138 | -41.3% |
| Taxes | 450/3 | €29,931 | €9,157 | -€20,774 | -69.4% |
| Remuneration and social security | 454/9 | €16,456 | €18,092 | +€1,636 | +9.9% |
| Other amounts payable | 47/48 | €17,101 | €27,393 | +€10,292 | +60.2% |
| Accrued charges and deferred income | 492/3 | - | €4,814 | +€4,814 | |
| Turnover | 70 | €693,385 | - | -€693,385 | |
| Goods, raw materials, services and sundry goods | 60/61 | €417,208 | - | -€417,208 | |
| Remuneration, social security and pensions | 62 | €264,030 | €289,713 | +€25,682 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,498 | €15,810 | -€1,689 | -9.7% |
| Other operating charges | 640/8 | €5,713 | €3,107 | -€2,606 | -45.6% |
| Gross operating margin | 9900 | €276,177 | €292,209 | +€16,032 | +5.8% |
| Operating profit (loss) | 9901 | -€11,065 | -€16,421 | -€5,356 | -48.4% |
| Financial income | 75/76B | €13,861 | €23,266 | +€9,405 | +67.9% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -99.8% |
| Non-recurring financial income | 76B | €13,851 | €23,266 | +€9,415 | +68.0% |
| Financial charges | 65/66B | €2,501 | €3,646 | +€1,145 | +45.8% |
| Recurring financial charges | 65 | €201 | €829 | +€628 | +313% |
| Non-recurring financial charges | 66B | €2,300 | €2,817 | +€517 | +22.5% |
| Profit (loss) for the period before taxes | 9903 | €295 | €3,199 | +€2,904 | +986% |
| Income taxes | 67/77 | €2,146 | €605 | -€1,541 | -71.8% |
| Profit (loss) for the period | 9904 | -€1,851 | €2,593 | +€4,445 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,851 | €2,593 | +€4,445 |
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 17 October 2026 via checked.be.