FohBoh: what changed
Two fiscal 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.
FohBoh
Largest movements
- Cash +€131,303
up €131,303 (+220.7%), from €59,492 to €190,795
mainly Other debts (+€198,416) and Net result for the year (+€50,990)
- Receivables within one year +€34,916
up €34,916 (+20.9%), from €167,233 to €202,149
of which Trade receivables: +€37,989
- Other debts +€198,416
new in 2025: €198,416
- Reserves -€133,410
down €133,410 (-82.9%), from €160,904 to €27,494
- Profit (loss) carried forward +€50,990
up €50,990 (+92.4%), from €55,158 to €106,147
- Trade debts +€28,070
up €28,070 (+76.9%), from €36,502 to €64,571
- Tax, wage and social debts +€21,833
up €21,833 (+103.2%), from €21,152 to €42,985
- Gross operating margin -€4,735
down €4,735 (-6.5%), from €72,381 to €67,646
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 | €286,116 | €452,015 | +€165,899 | +58.0% |
| Fixed assets | 21/28 | €58,733 | €58,281 | -€452 | -0.8% |
| Tangible fixed assets | 22/27 | €699 | €247 | -€452 | -64.7% |
| Plant, machinery and equipment | 23 | €699 | €247 | -€452 | -64.7% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €58,034 | €58,034 | = | 0.0% |
| Current assets | 29/58 | €227,383 | €393,734 | +€166,352 | +73.2% |
| Amounts receivable within one year | 40/41 | €167,233 | €202,149 | +€34,916 | +20.9% |
| Trade receivables | 40 | €19,192 | €57,181 | +€37,989 | +197.9% |
| Other amounts receivable | 41 | €148,040 | €144,967 | -€3,073 | -2.1% |
| Cash at bank and in hand | 54/58 | €59,492 | €190,795 | +€131,303 | +220.7% |
| Deferred charges and accrued income | 490/1 | €658 | €791 | +€133 | +20.2% |
| Total equity and liabilities | 10/49 | €286,116 | €452,015 | +€165,899 | +58.0% |
| Equity | 10/15 | €228,462 | €146,042 | -€82,420 | -36.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €160,904 | €27,494 | -€133,410 | -82.9% |
| Distributable reserves | 133 | €160,904 | €27,494 | -€133,410 | -82.9% |
| Profit (loss) carried forward | 14 | €55,158 | €106,147 | +€50,990 | +92.4% |
| Amounts payable | 17/49 | €57,654 | €305,973 | +€248,319 | +430.7% |
| Amounts payable within one year | 42/48 | €57,654 | €305,973 | +€248,319 | +430.7% |
| Trade debts | 44 | €36,502 | €64,571 | +€28,070 | +76.9% |
| Suppliers | 440/4 | €36,502 | €64,571 | +€28,070 | +76.9% |
| Taxes, remuneration and social security | 45 | €21,152 | €42,985 | +€21,833 | +103.2% |
| Taxes | 450/3 | €21,152 | €42,985 | +€21,833 | +103.2% |
| Other amounts payable | 47/48 | - | €198,416 | +€198,416 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €664 | €452 | -€212 | -31.9% |
| Non-recurring operating charges | 66A | €247 | €190 | -€57 | -23.1% |
| Gross operating margin | 9900 | €72,381 | €67,646 | -€4,735 | -6.5% |
| Operating profit (loss) | 9901 | €71,469 | €67,003 | -€4,466 | -6.2% |
| Financial charges | 65/66B | €385 | €589 | +€204 | +52.9% |
| Recurring financial charges | 65 | €385 | €589 | +€204 | +52.9% |
| Profit (loss) for the period before taxes | 9903 | €71,084 | €66,414 | -€4,670 | -6.6% |
| Income taxes | 67/77 | €15,927 | €15,425 | -€502 | -3.2% |
| Profit (loss) for the period | 9904 | €55,158 | €50,990 | -€4,168 | -7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €55,158 | €50,990 | -€4,168 | -7.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.