Borido: 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.
Borido
Largest movements
- Cash +€25,894
up €25,894 (+42.7%), from €60,669 to €86,563
mainly Net result for the year (+€16,141) and Receivables within one year (+€10,874)
- Receivables within one year -€10,874
down €10,874 (-67.3%), from €16,162 to €5,288
- Tangible fixed assets -€2,666
down €2,666 (-22.0%), from €12,133 to €9,467
of which Furniture and vehicles: -€2,031
- Reserves +€16,141
up €16,141 (+30.5%), from €52,848 to €68,989
- Trade debts +€4,997
up €4,997 (+66.2%), from €7,545 to €12,542
- Tax, wage and social debts -€4,871
down €4,871 (-40.2%), from €12,129 to €7,258
- Other debts -€3,913
down €3,913 (-29.1%), from €13,442 to €9,529
- Taxes +€1,705
up €1,705 (+22.8%), from €7,480 to €9,185
- Gross operating margin +€1,129
up €1,129 (+4.1%), from €27,781 to €28,910
- Other operating charges -€919
down €919 (-48.9%), from €1,879 to €960
- Depreciation +€583
up €583 (+28.0%), from €2,084 to €2,667
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 | €88,964 | €101,318 | +€12,354 | +13.9% |
| Fixed assets | 21/28 | €12,133 | €9,467 | -€2,666 | -22.0% |
| Tangible fixed assets | 22/27 | €12,133 | €9,467 | -€2,666 | -22.0% |
| Plant, machinery and equipment | 23 | €6,301 | €5,665 | -€636 | -10.1% |
| Furniture and vehicles | 24 | €5,832 | €3,801 | -€2,031 | -34.8% |
| Current assets | 29/58 | €76,831 | €91,851 | +€15,020 | +19.5% |
| Amounts receivable within one year | 40/41 | €16,162 | €5,288 | -€10,874 | -67.3% |
| Trade receivables | 40 | €16,162 | €5,288 | -€10,874 | -67.3% |
| Cash at bank and in hand | 54/58 | €60,669 | €86,563 | +€25,894 | +42.7% |
| Total equity and liabilities | 10/49 | €88,964 | €101,318 | +€12,354 | +13.9% |
| Equity | 10/15 | €55,848 | €71,989 | +€16,141 | +28.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €52,848 | €68,989 | +€16,141 | +30.5% |
| Distributable reserves | 133 | €52,848 | €68,989 | +€16,141 | +30.5% |
| Amounts payable | 17/49 | €33,116 | €29,329 | -€3,787 | -11.4% |
| Amounts payable within one year | 42/48 | €33,116 | €29,329 | -€3,787 | -11.4% |
| Trade debts | 44 | €7,545 | €12,542 | +€4,997 | +66.2% |
| Suppliers | 440/4 | €7,545 | €12,542 | +€4,997 | +66.2% |
| Taxes, remuneration and social security | 45 | €12,129 | €7,258 | -€4,871 | -40.2% |
| Taxes | 450/3 | €12,129 | €7,258 | -€4,871 | -40.2% |
| Other amounts payable | 47/48 | €13,442 | €9,529 | -€3,913 | -29.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,084 | €2,667 | +€583 | +28.0% |
| Other operating charges | 640/8 | €1,879 | €960 | -€919 | -48.9% |
| Gross operating margin | 9900 | €27,781 | €28,910 | +€1,129 | +4.1% |
| Operating profit (loss) | 9901 | €23,818 | €25,283 | +€1,465 | +6.2% |
| Financial income | 75/76B | €403 | €220 | -€183 | -45.5% |
| Recurring financial income | 75 | €403 | €220 | -€183 | -45.5% |
| Financial charges | 65/66B | €12 | €177 | +€165 | +1,373% |
| Recurring financial charges | 65 | €12 | €177 | +€165 | +1,373% |
| Profit (loss) for the period before taxes | 9903 | €24,209 | €25,326 | +€1,117 | +4.6% |
| Income taxes | 67/77 | €7,480 | €9,185 | +€1,705 | +22.8% |
| Profit (loss) for the period | 9904 | €16,729 | €16,141 | -€588 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,729 | €16,141 | -€588 | -3.5% |
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 13 October 2026 via checked.be.