BOCO STUDIO: what changed
BOCO STUDIO
Largest movements
- Cash +€84,397
up €84,397 (+59.1%), from €142,702 to €227,099
mainly Other debts (+€134,868) and Net result for the year (+€92,829)
- Receivables within one year +€21,494
up €21,494 (+28.6%), from €75,035 to €96,530
of which Trade receivables: +€24,240
- Tangible fixed assets -€7,545
down €7,545 (-40.2%), from €18,775 to €11,230
- Other debts +€134,868
up €134,868 (+82.2%), from €164,148 to €299,017
- Profit (loss) carried forward -€42,171
down €42,171 (-74.8%), from €56,402 to €14,230
- Tax, wage and social debts +€14,911
up €14,911 (+245%), from €6,080 to €20,991
of which Taxes: +€8,426
- Trade debts -€10,864
down €10,864 (-99.8%), from €10,889 to €24
- Gross operating margin +€44,067
up €44,067 (+38.8%), from €113,490 to €157,557
- Staff costs +€24,798
new in 2025: €24,798
- Taxes +€6,565
up €6,565 (+33.5%), from €19,588 to €26,153
- Financial income +€3,442
up €3,442 (+5,440%), from €63 to €3,505
- Depreciation -€2,921
down €2,921 (-20.5%), from €14,245 to €11,324
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 | €239,018 | €335,762 | +€96,743 | +40.5% |
| Fixed assets | 21/28 | €18,775 | €11,313 | -€7,462 | -39.7% |
| Tangible fixed assets | 22/27 | €18,775 | €11,230 | -€7,545 | -40.2% |
| Furniture and vehicles | 24 | €18,775 | €11,230 | -€7,545 | -40.2% |
| Financial fixed assets | 28 | - | €83 | +€83 | |
| Current assets | 29/58 | €220,243 | €324,448 | +€104,205 | +47.3% |
| Amounts receivable within one year | 40/41 | €75,035 | €96,530 | +€21,494 | +28.6% |
| Trade receivables | 40 | €70,249 | €94,488 | +€24,240 | +34.5% |
| Other amounts receivable | 41 | €4,787 | €2,042 | -€2,745 | -57.4% |
| Cash at bank and in hand | 54/58 | €142,702 | €227,099 | +€84,397 | +59.1% |
| Deferred charges and accrued income | 490/1 | €2,506 | €819 | -€1,687 | -67.3% |
| Total equity and liabilities | 10/49 | €239,018 | €335,762 | +€96,743 | +40.5% |
| Equity | 10/15 | €57,902 | €15,730 | -€42,171 | -72.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,402 | €14,230 | -€42,171 | -74.8% |
| Amounts payable | 17/49 | €181,117 | €320,031 | +€138,915 | +76.7% |
| Amounts payable within one year | 42/48 | €181,117 | €320,031 | +€138,915 | +76.7% |
| Trade debts | 44 | €10,889 | €24 | -€10,864 | -99.8% |
| Suppliers | 440/4 | €10,889 | €24 | -€10,864 | -99.8% |
| Taxes, remuneration and social security | 45 | €6,080 | €20,991 | +€14,911 | +245% |
| Taxes | 450/3 | €6,080 | €14,505 | +€8,426 | +139% |
| Remuneration and social security | 454/9 | - | €6,485 | +€6,485 | |
| Other amounts payable | 47/48 | €164,148 | €299,017 | +€134,868 | +82.2% |
| Remuneration, social security and pensions | 62 | - | €24,798 | +€24,798 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,245 | €11,324 | -€2,921 | -20.5% |
| Other operating charges | 640/8 | €674 | €1,412 | +€738 | +109% |
| Gross operating margin | 9900 | €113,490 | €157,557 | +€44,067 | +38.8% |
| Operating profit (loss) | 9901 | €98,571 | €120,023 | +€21,452 | +21.8% |
| Financial income | 75/76B | €63 | €3,505 | +€3,442 | +5,440% |
| Recurring financial income | 75 | €63 | €3,505 | +€3,442 | +5,440% |
| Financial charges | 65/66B | €3,480 | €4,546 | +€1,066 | +30.6% |
| Recurring financial charges | 65 | €3,480 | €4,546 | +€1,066 | +30.6% |
| Profit (loss) for the period before taxes | 9903 | €95,154 | €118,982 | +€23,828 | +25.0% |
| Income taxes | 67/77 | €19,588 | €26,153 | +€6,565 | +33.5% |
| Profit (loss) for the period | 9904 | €75,566 | €92,829 | +€17,263 | +22.8% |
| Profit (loss) for the period to be appropriated | 9905 | €75,566 | €92,829 | +€17,263 | +22.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.