FRANCOIS BODART: what changed
FRANCOIS BODART
Largest movements
- Tangible fixed assets +€2,919
up €2,919 (+5.9%), from €49,702 to €52,622
of which Furniture and vehicles: +€6,437
- Receivables within one year -€2,363
down €2,363 (-19.3%), from €12,250 to €9,888
of which Other amounts receivable: -€2,427
- Cash -€998
down €998 (-98.9%), from €1,009 to €11
mainly Investment in fixed assets (net) (-€8,564) and Other debts (-€1,836)
- Short-term financial debts +€3,258
up €3,258 (+4,313%), from €76 to €3,334
- Other debts -€1,836
down €1,836 (-37.4%), from €4,912 to €3,077
- Trade debts -€1,535
down €1,535 (-96.5%), from €1,590 to €56
- Gross operating margin +€4,426
up €4,426 (+110%), from €4,019 to €8,445
- Depreciation +€1,887
up €1,887 (+50.2%), from €3,759 to €5,645
- Financial charges +€162
up €162 (+87.6%), from €185 to €348
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,802 | €65,217 | -€585 | -0.9% |
| Fixed assets | 21/28 | €49,702 | €52,622 | +€2,919 | +5.9% |
| Tangible fixed assets | 22/27 | €49,702 | €52,622 | +€2,919 | +5.9% |
| Land and buildings | 22 | €47,794 | €44,631 | -€3,163 | -6.6% |
| Plant, machinery and equipment | 23 | €1,008 | €653 | -€355 | -35.2% |
| Furniture and vehicles | 24 | €900 | €7,337 | +€6,437 | +715% |
| Current assets | 29/58 | €16,099 | €12,596 | -€3,504 | -21.8% |
| Stocks and contracts in progress | 3 | €2,840 | €2,697 | -€143 | -5.0% |
| Stocks | 30/36 | €2,840 | €2,697 | -€143 | -5.0% |
| Amounts receivable within one year | 40/41 | €12,250 | €9,888 | -€2,363 | -19.3% |
| Trade receivables | 40 | - | €65 | +€65 | |
| Other amounts receivable | 41 | €12,250 | €9,823 | -€2,427 | -19.8% |
| Cash at bank and in hand | 54/58 | €1,009 | €11 | -€998 | -98.9% |
| Total equity and liabilities | 10/49 | €65,802 | €65,217 | -€585 | -0.9% |
| Equity | 10/15 | €49,124 | €49,278 | +€154 | +0.3% |
| Contributions | 10/11 | €32,226 | €32,226 | = | 0.0% |
| Reserves | 13 | €10,200 | €10,200 | = | 0.0% |
| Distributable reserves | 133 | €10,200 | €10,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,895 | €5,049 | +€154 | +3.2% |
| Investment grants | 15 | €1,803 | €1,803 | = | 0.0% |
| Provisions and deferred taxes | 16 | €1,152 | €1,152 | = | 0.0% |
| Deferred taxes | 168 | €1,152 | €1,152 | = | 0.0% |
| Amounts payable | 17/49 | €15,526 | €14,787 | -€739 | -4.8% |
| Amounts payable after more than one year | 17 | €8,000 | €8,000 | = | 0.0% |
| Other amounts payable | 178/9 | €8,000 | €8,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €7,526 | €6,787 | -€739 | -9.8% |
| Financial debts | 43 | €76 | €3,334 | +€3,258 | +4,313% |
| Credit institutions | 430/8 | €76 | €3,334 | +€3,258 | +4,313% |
| Trade debts | 44 | €1,590 | €56 | -€1,535 | -96.5% |
| Suppliers | 440/4 | €1,590 | €56 | -€1,535 | -96.5% |
| Taxes, remuneration and social security | 45 | €948 | €321 | -€627 | -66.2% |
| Taxes | 450/3 | €948 | €321 | -€627 | -66.2% |
| Other amounts payable | 47/48 | €4,912 | €3,077 | -€1,836 | -37.4% |
| Non-recurring operating income | 76A | - | €2,975 | +€2,975 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,759 | €5,645 | +€1,887 | +50.2% |
| Other operating charges | 640/8 | €2,079 | €2,153 | +€74 | +3.6% |
| Gross operating margin | 9900 | €4,019 | €8,445 | +€4,426 | +110% |
| Operating profit (loss) | 9901 | -€1,819 | €646 | +€2,465 | |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €185 | €348 | +€162 | +87.6% |
| Recurring financial charges | 65 | €185 | €348 | +€162 | +87.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,005 | €302 | +€2,306 | |
| Income taxes | 67/77 | €174 | €147 | -€27 | -15.6% |
| Profit (loss) for the period | 9904 | -€2,179 | €154 | +€2,333 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,179 | €154 | +€2,333 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.