BOCA: 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.
BOCA
Largest movements
- Cash +€12,769
up €12,769 (+9.8%), from €130,711 to €143,481
mainly Net result for the year (+€5,274) and Depreciation (+€5,058)
- Tangible fixed assets -€5,059
down €5,059 (-5.5%), from €92,623 to €87,564
of which Land and buildings: -€4,602
- Profit (loss) carried forward +€5,274
up €5,274 (+5.7%), from €92,818 to €98,091
- Staff costs -€4,617
down €4,617 (-8.5%), from €54,572 to €49,954
- Gross operating margin +€2,001
up €2,001 (+3.2%), from €62,196 to €64,197
- Depreciation +€1,841
up €1,841 (+57.2%), from €3,217 to €5,058
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 | €253,008 | €258,237 | +€5,229 | +2.1% |
| Fixed assets | 21/28 | €94,980 | €89,921 | -€5,059 | -5.3% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €92,623 | €87,564 | -€5,059 | -5.5% |
| Land and buildings | 22 | €92,167 | €87,564 | -€4,602 | -5.0% |
| Plant, machinery and equipment | 23 | €456 | €0 | -€456 | -100% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €2,357 | €2,357 | = | 0.0% |
| Current assets | 29/58 | €158,028 | €168,316 | +€10,288 | +6.5% |
| Amounts receivable within one year | 40/41 | €27,317 | €24,836 | -€2,482 | -9.1% |
| Trade receivables | 40 | €27,317 | €24,836 | -€2,482 | -9.1% |
| Cash at bank and in hand | 54/58 | €130,711 | €143,481 | +€12,769 | +9.8% |
| Deferred charges and accrued income | 490/1 | €0 | €0 | = | |
| Total equity and liabilities | 10/49 | €253,008 | €258,237 | +€5,229 | +2.1% |
| Equity | 10/15 | €233,686 | €238,960 | +€5,273 | +2.3% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €15,869 | €15,869 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €10,763 | €10,762 | -€0 | 0.0% |
| Legal reserve | 130 | €10,763 | €10,762 | -€0 | 0.0% |
| Distributable reserves | 133 | €5,106 | €5,106 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,818 | €98,091 | +€5,274 | +5.7% |
| Amounts payable | 17/49 | €19,322 | €19,277 | -€45 | -0.2% |
| Amounts payable within one year | 42/48 | €19,266 | €18,353 | -€913 | -4.7% |
| Trade debts | 44 | €1,187 | €1,616 | +€429 | +36.1% |
| Suppliers | 440/4 | €1,187 | €1,616 | +€429 | +36.1% |
| Taxes, remuneration and social security | 45 | €18,078 | €16,737 | -€1,342 | -7.4% |
| Taxes | 450/3 | €6,255 | €5,808 | -€446 | -7.1% |
| Remuneration and social security | 454/9 | €11,824 | €10,928 | -€895 | -7.6% |
| Accrued charges and deferred income | 492/3 | €56 | €924 | +€868 | +1,550% |
| Remuneration, social security and pensions | 62 | €54,572 | €49,954 | -€4,617 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,217 | €5,058 | +€1,841 | +57.2% |
| Other operating charges | 640/8 | €2,203 | €2,280 | +€78 | +3.5% |
| Gross operating margin | 9900 | €62,196 | €64,197 | +€2,001 | +3.2% |
| Operating profit (loss) | 9901 | €2,204 | €6,904 | +€4,700 | +213% |
| Financial income | 75/76B | €240 | €385 | +€145 | +60.6% |
| Recurring financial income | 75 | €188 | €338 | +€150 | +79.5% |
| Non-recurring financial income | 76B | €51 | €47 | -€5 | -8.9% |
| Financial charges | 65/66B | €235 | €565 | +€329 | +140% |
| Recurring financial charges | 65 | €235 | €565 | +€329 | +140% |
| Profit (loss) for the period before taxes | 9903 | €2,208 | €6,724 | +€4,515 | +204% |
| Income taxes | 67/77 | €1,386 | €1,450 | +€64 | +4.6% |
| Profit (loss) for the period | 9904 | €822 | €5,274 | +€4,451 | +541% |
| Profit (loss) for the period to be appropriated | 9905 | €822 | €5,274 | +€4,451 | +541% |
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 23 October 2026 via checked.be.