BOVINO: 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.
BOVINO
Largest movements
- Receivables within one year +€7,095
up €7,095 (+49.6%), from €14,304 to €21,399
of which Other amounts receivable: +€7,095
- Debts after one year +€21,818
up €21,818 (+3.9%), from €564,504 to €586,322
of which Other amounts payable: +€21,818
- Accrued charges and deferred income -€9,476
down €9,476 (-97.0%), from €9,774 to €298
- Gross operating margin +€4,253
up €4,253 (+58.1%), from €7,321 to €11,574
- Financial charges +€2,568
up €2,568 (+26.2%), from €9,814 to €12,382
- Financial income +€584
up €584 (+94.5%), from €618 to €1,202
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 | €597,641 | €607,920 | +€10,279 | +1.7% |
| Fixed assets | 21/28 | €544,059 | €544,059 | = | 0.0% |
| Financial fixed assets | 28 | €544,059 | €544,059 | = | 0.0% |
| Current assets | 29/58 | €53,582 | €63,861 | +€10,279 | +19.2% |
| Amounts receivable after more than one year | 29 | €36,000 | €36,000 | = | 0.0% |
| Other amounts receivable | 291 | €36,000 | €36,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €14,304 | €21,399 | +€7,095 | +49.6% |
| Trade receivables | 40 | €4,500 | €4,500 | = | 0.0% |
| Other amounts receivable | 41 | €9,804 | €16,899 | +€7,095 | +72.4% |
| Cash at bank and in hand | 54/58 | €3,138 | €6,462 | +€3,325 | +106% |
| Deferred charges and accrued income | 490/1 | €141 | €0 | -€141 | -100% |
| Total equity and liabilities | 10/49 | €597,641 | €607,920 | +€10,279 | +1.7% |
| Equity | 10/15 | €20,652 | €20,559 | -€92 | -0.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €10,652 | €10,559 | -€92 | -0.9% |
| Distributable reserves | 133 | €10,652 | €10,559 | -€92 | -0.9% |
| Amounts payable | 17/49 | €576,989 | €587,361 | +€10,372 | +1.8% |
| Amounts payable after more than one year | 17 | €564,504 | €586,322 | +€21,818 | +3.9% |
| Financial debts | 170/4 | €80,446 | €80,446 | = | 0.0% |
| Other amounts payable | 178/9 | €484,058 | €505,876 | +€21,818 | +4.5% |
| Amounts payable within one year | 42/48 | €2,711 | €741 | -€1,969 | -72.7% |
| Trade debts | 44 | €156 | €188 | +€32 | +20.8% |
| Suppliers | 440/4 | €156 | €188 | +€32 | +20.8% |
| Taxes, remuneration and social security | 45 | €0 | €553 | +€553 | |
| Taxes | 450/3 | €0 | €553 | +€553 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,555 | €0 | -€2,555 | -100% |
| Accrued charges and deferred income | 492/3 | €9,774 | €298 | -€9,476 | -97.0% |
| Other operating charges | 640/8 | €451 | €487 | +€36 | +8.0% |
| Gross operating margin | 9900 | €7,321 | €11,574 | +€4,253 | +58.1% |
| Operating profit (loss) | 9901 | €6,870 | €11,087 | +€4,216 | +61.4% |
| Financial income | 75/76B | €618 | €1,202 | +€584 | +94.5% |
| Recurring financial income | 75 | €618 | €1,202 | +€584 | +94.5% |
| Financial charges | 65/66B | €9,814 | €12,382 | +€2,568 | +26.2% |
| Recurring financial charges | 65 | €9,814 | €12,382 | +€2,568 | +26.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,325 | -€92 | +€2,233 | +96.0% |
| Profit (loss) for the period | 9904 | -€2,325 | -€92 | +€2,233 | +96.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,325 | -€92 | +€2,233 | +96.0% |
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.