STUDIO BOJ: 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.
STUDIO BOJ
Largest movements
- Receivables within one year +€10,102
up €10,102 (+10.7%), from €94,520 to €104,622
of which Trade receivables: +€9,829
- Tangible fixed assets -€4,259
down €4,259 (-6.9%), from €61,580 to €57,320
of which Other tangible fixed assets: -€3,800
- Trade debts +€17,932
up €17,932 (+60.4%), from €29,684 to €47,616
- Profit (loss) carried forward -€12,163
down €12,163, from €11,600 to -€563
- Short-term financial debts +€4,028
up €4,028 (+108%), from €3,717 to €7,745
- Debts after one year -€3,537
down €3,537 (-5.9%), from €60,035 to €56,498
- Current portion of long-term debt -€2,474
down €2,474 (-24.1%), from €10,273 to €7,799
- Gross operating margin -€52,658
down €52,658, from €49,040 to -€3,619
- Taxes -€10,862
no longer reported in 2024 (was €10,862)
- Other operating charges -€2,753
down €2,753 (-71.8%), from €3,833 to €1,080
- Financial charges +€2,484
up €2,484 (+63.3%), from €3,922 to €6,406
- Financial income +€1,057
up €1,057 (+49.3%), from €2,144 to €3,201
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €156,099 | €162,287 | +€6,188 | +4.0% |
| Fixed assets | 21/28 | €61,580 | €57,320 | -€4,259 | -6.9% |
| Tangible fixed assets | 22/27 | €61,580 | €57,320 | -€4,259 | -6.9% |
| Land and buildings | 22 | €825 | €365 | -€459 | -55.7% |
| Other tangible fixed assets | 26 | €60,755 | €56,955 | -€3,800 | -6.3% |
| Current assets | 29/58 | €94,520 | €104,967 | +€10,447 | +11.1% |
| Amounts receivable within one year | 40/41 | €94,520 | €104,622 | +€10,102 | +10.7% |
| Trade receivables | 40 | €43,991 | €53,820 | +€9,829 | +22.3% |
| Other amounts receivable | 41 | €50,529 | €50,802 | +€273 | +0.5% |
| Deferred charges and accrued income | 490/1 | - | €345 | +€345 | |
| Total equity and liabilities | 10/49 | €156,099 | €162,287 | +€6,188 | +4.0% |
| Equity | 10/15 | €23,875 | €11,712 | -€12,163 | -50.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €10,275 | €10,275 | = | 0.0% |
| Distributable reserves | 133 | €10,275 | €10,275 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,600 | -€563 | -€12,163 | |
| Amounts payable | 17/49 | €132,225 | €150,575 | +€18,351 | +13.9% |
| Amounts payable after more than one year | 17 | €60,035 | €56,498 | -€3,537 | -5.9% |
| Financial debts | 170/4 | €60,035 | €56,498 | -€3,537 | -5.9% |
| Amounts payable within one year | 42/48 | €72,190 | €94,077 | +€21,887 | +30.3% |
| Current portion of amounts payable after more than one year | 42 | €10,273 | €7,799 | -€2,474 | -24.1% |
| Financial debts | 43 | €3,717 | €7,745 | +€4,028 | +108% |
| Credit institutions | 430/8 | €3,717 | €7,745 | +€4,028 | +108% |
| Trade debts | 44 | €29,684 | €47,616 | +€17,932 | +60.4% |
| Suppliers | 440/4 | €29,684 | €47,616 | +€17,932 | +60.4% |
| Taxes, remuneration and social security | 45 | €28,515 | €30,917 | +€2,402 | +8.4% |
| Taxes | 450/3 | €28,515 | €30,917 | +€2,402 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,259 | €4,259 | = | 0.0% |
| Other operating charges | 640/8 | €3,833 | €1,080 | -€2,753 | -71.8% |
| Gross operating margin | 9900 | €49,040 | -€3,619 | -€52,658 | |
| Operating profit (loss) | 9901 | €40,947 | -€8,958 | -€49,905 | |
| Financial income | 75/76B | €2,144 | €3,201 | +€1,057 | +49.3% |
| Recurring financial income | 75 | €2,144 | €3,201 | +€1,057 | +49.3% |
| Financial charges | 65/66B | €3,922 | €6,406 | +€2,484 | +63.3% |
| Recurring financial charges | 65 | €3,922 | €6,406 | +€2,484 | +63.3% |
| Profit (loss) for the period before taxes | 9903 | €39,169 | -€12,163 | -€51,332 | |
| Income taxes | 67/77 | €10,862 | - | -€10,862 | |
| Profit (loss) for the period | 9904 | €28,307 | -€12,163 | -€40,470 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,307 | -€12,163 | -€40,470 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.